Providing a great way to earn travel rewards on everyday credit card spending, frequent flyer credit cards are a popular option for frequent travellers and those who love to travel. Ranging from basic, no frills options to those that offer big points and even bigger features, there is a frequent flyer card for almost everyone.
Check out our top frequent flyer deals for this month, and apply today.
Receive 120,000 bonus Qantas Points and $150 back on your card when you apply online for the ANZ Frequent Flyer Black credit card, and spend $7,500 on eligible purchases in the first 3 months. You’ll earn 1 Qantas Point per $1 spent on eligible purchases up to $7,500 per statement period, then 0.5 Qantas Points per $1 spent on eligible purchases above $7,500 per statement period. Enjoy two complimentary Qantas Lounge invites per year plus unlimited access to participating airport lounges overseas. Plus get 75 bonus Status Credits when you book and travel on two new Qantas flights by 30 June 2019.
Pay no annual fee the first year and reasonable $79 p.a. thereafter. Add a free additional card holder. Earn 1 Qantas point per dollar spent, up to $2500/month. 0.5 Qantas Points thereafter, capped at 7,500 per statement period. The HSBC Platinum Qantas comes with complimentary Domestic & International travel insurance and Qantas Frequent Flyer membership. If you are transferring an existing credit card debt you can take advantage of 0% p.a. on balance transfers for 12 months from non-HSBC credit cards on application.
Receive 100,000 bonus Qantas Points when you apply online by 14 April 2019, are approved and spend $3,000 on eligible purchases within the first 3 months of card approval. Earn 1.25 Qantas Points for every $1 spent on Card purchases, except spend at government bodies in Australia where you will earn 0.5 Qantas Points per $1 spent. Until 14 April 2019 earn an additional 0.25 point per $1 spent on purchases, except for spend at government bodies in Australia. With the Qantas American Express Ultimate Credit Card $450 Qantas Travel Credit each year. Enjoy two complimentary entries per year to the American Express Lounge, located at Sydney International Airport or Melbourne International Airport. Enjoy two complimentary Qantas Club lounge invitations each year after your first Card spend on selected Qantas products and services. Annual card fee of $450 and no charge for additional card holders.
With the American Express Westpac Altitude Black Card Bundle – Qantas two card bundle you can receive up to 120,000 bonus Qantas points when you meet the criteria. Dual card offer with Mastercard (issued by Westpac) and Amex (issued & serviced by Amex). Get 80,000 bonus Qantas Points when you spend $3,000 on eligible purchases on your new Mastercard within the first 90 days plus get 40,000 bonus Qantas Points when you spend $3,000 on eligible purchases on your new American Express. Offer ends 2 April 2019.
The NAB Qantas Business Signature Credit Card has a special offer of 100,000 bonus Qantas points when you spend $4,000 on everyday business purchases within 60 days of account opening. Earn 1 Qantas Point for every $1.50 you spend on eligible business purchases. This card also comes with an annual fee of $295 and allows for multiple cards with individual credit limits under a single facility.
The Virgin Australia Velocity High Flyer Credit Card gives you an earn rate of 1 Velocity Point per $1 spent up to $8,000 per month, then 0.5 Velocity Points thereafter. Receive 30,000 Points for each month you spend $3,000 on eligible transactions in the first 3 months. Get a $129 Virgin Australia Gift Voucher and two Single Entry complimentary Virgin Australia domestic Lounge passes each year. Annual fee of $289.
With the Citi Prestige Credit Card you could earn up to 400,000 bonus points; earn 20,000 bonus points each month for 20 months from approval when you spend $1,000 or more in each statement period. Earn 3 Points per $1 for all eligible International Spend and on selected domestic purchases. Visa Infinite Status and enjoy unlimited airport lounge access with a complimentary Priority Pass. Travel perks and overseas travel insurance.
Offering you the opportunity to earn rewards points on your purchases, a frequent flyer card could be the perfect option if you want to earn something back on your credit card spending. But, with so many frequent flyer programs and frequent flyer cards on offer, how do you choose the right one for you?
As with any other type of credit card, there is no one-size-fits-all option when selecting a frequent flyer credit card. Choosing the right frequent flyer card means understanding how you will use the card, what you will need from the card, and what’s available. Allowing you to narrow the options, this guide can help you look at every angle, to then find the best frequent flyer card for you.
Before you even begin to compare frequent flyer cards, you need to work out which frequent flyer program would work best for you. Choosing the right frequent flyer program means knowing what options are out there, and what they offer in terms of rewards.
There is a number of popular frequent flyer programs, covering both Australian and international airlines. Here are just some of the options available:
When comparing frequent flyer cards in Australia, you’ll notice the most commonly linked frequent flyer programs are Qantas Frequent Flyer and Virgin Velocity Frequent Flyer. However, you may also want to keep an eye out for cards that allow you to transfer points to other frequent flyer programs, such as Singapore Airlines KrisFlyer, Cathay Pacific Asia Miles, Air New Zealand Airpoints, Emirates Skywards and Etihad Guest.
If you’re not currently a member of a particular program, consider what is required of you to join. For example, joining Qantas Frequent Flyer usually costs $89.50, but some cards will waive this fee on application.
Before you apply, it’s a good idea to check the small print on the card to find out how and when the points you earn are transferred to your frequent flyer account. Some cards offer direct transfer, others transfer points at the end of each month, while others only offer manual transfer at the cardholder’s request – with a minimum transfer amount required.
You may want to keep in mind whether the frequent flyer program you are interested in offers membership status, or a tiered system of rewards-earning potential. As you rise through the tiers, you may earn more points on your purchases, while also enjoying additional extras, such as lounge access, extra checked baggage allowance, and complimentary flight upgrades.
When comparing frequent flyer cards, you should find the one that offers the most value. But, of course, value is personal. What is valuable to you may not be valuable to the next person. Each frequent flyer card rewards different types of spending, so it’s up to you to find the one that rewards the type of spending you do most, so you can enjoy the maximum rewards.
One of the first things to look at when comparing frequent flyer cards is each card’s earn rate. This is the number of points you can earn on each dollar you spend within a variety of categories. Some cards may offer a certain number of points per dollar across the board, while other cards may have a tiered system, so you earn more points per dollar on say, supermarket spending or flights.
Try to choose a frequent flyer card that offers the most points on your biggest purchases. So, if you use your card most frequently for supermarket spending, make sure you get the best earn rate on those purchases. Similarly, if you use your card mostly to pay for travel, ensure the card you choose rewards that type of spending.
Check out how you can maximise your points-earning potential on your chosen card. This may mean using your card with certain partners within the travel industry, such as hotels and car hire companies, or with certain retailers. While it may sound tedious, reading up on how your frequent flyer card works should allow you to get more value from your card – and the program.
At this point, it’s a good idea to check if the card you’re interested in has a points cap. A points cap limits the number of points you can earn within a given period of time. When you reach that points cap threshold, you will either earn fewer points per dollar, or you will stop earning points altogether, until the threshold rolls over.
If you want a card that allows you to earn big, you may want to avoid cards with a cap. Points caps can also affect the value of rewards you earn. For example, if you have a card with an annual fee of $250, and a points cap that caps points-earning potential at $200, you may not be getting the best value from that card. Ideally, you want to get more back from your card than you pay out.
Another factor that can affect the value of a frequent flyer card is points expiry. While some frequent flyer points never expire, some expire after a specified period of time. This will affect you if you don’t fly that often, or if you are earning points on a number of airlines, as you may find your points expire before you get the opportunity to use them.
Of course, there’s no sense earning lots of points if you don’t have anything you want to spend them on. Choosing a frequent flyer card should allow you to earn points on the spending you do most often, while also rewarding you with rewards options you actually want to spend your points on.
As travel rewards cards, frequent flyer cards allow you to use your points for rewards flights. But, you may also be able to opt for points-plus-pay options, where you use a smaller number of points and make up the difference with a dollar amount. Points can generally be used to cover flight upgrades as well, but be aware of certain restrictions that may apply.
Depending on the frequent flyer program you choose, you may also be able to redeem the points you earn across other categories. You could redeem your points on accommodation and car hire, on insurance or memberships, such as Qantas Wine or Qantas Club. In terms of merchandise, your points could be redeemed for gift cards, experiences, retail products and more.
Before redeeming your points, it may be worthwhile doing some homework to find out which rewards offer the most value. International flights may offer more value than say, a gift card or home appliance. Some frequent flyer programs provide special deals throughout the year as well, which may offer even more back on those hard-earned points.
Finding out how much a card costs is essential to finding out its true value. First, look at the annual fee. By working out how much you think you will spend on the card within a year, you should be able to work out how many points you will earn. This allows you to then calculate the dollar value of those points, in terms of the rewards you will redeem them for.
Try to choose a card that gives you a higher value in rewards than you pay out in annual fees. However, you should also take into account the various features the card has to offer, and what value they provide as well.
Another important aspect to consider is interest. If you tend to carry a balance on your frequent flyer card, you may find you lose value on any rewards you receive. As frequent flyer cards tend to have higher rates of interest on purchases, it’s best to clear the balance by the due date each month to make the most of the rewards you earn.
If you are thinking about adding family members to the account, find out whether the card allows for additional cardholders. Frequent flyer cards that offer additional cardholders at no extra cost can provide an easy way to earn more points while paying nothing extra for the privilege. More cards being used day-to-day means more points accruing, helping to earn points faster.
As we mentioned previously, another way you can enjoy more value from your frequent flyer card is by taking advantage of the features on offer. While basic frequent flyer cards offer fewer features, the fancier – more expensive – cards tend to sell themselves on their bigger features. This may include airport lounge access, airport transfers, travel insurance, hotel stays and travel credit.
But, just because a card offers more features, does not mean it’s more valuable to you. You may not need insurance cover, and you might not travel frequently enough to make the most of lounge access or hotel upgrades. If that’s the case, you could be paying more for a card that offers those features, without you getting any real benefit from them.
Instead, check out the features on offer, and think about whether they are useful to you. Think about how often you will make use of each feature, and what value it provides. As cards loaded with features tend to charge more in annual fees, you may find you get more value from a cheaper card.
Introductory offers on frequent flyer cards usually involve bonus rewards points. Enticing you to apply by offering you a chunk of frequent flyer points, these offers can provide an easy way to boost your points balance. But, there may be some small print to take into consideration.
While some offers provide bonus points simply for signing up, others require a minimum spend on the card within a specified period of time. If you want to take full advantage of those bonus points, make sure you are not spending just for the sake of reaching that minimum spend – and that you can afford to pay it back before it starts accruing interest.
In terms of other introductory offers available, you may benefit from a reduced annual fee, a purchase offer or a balance transfer offer. If you choose a card with a reduced annual fee, be aware of what it reverts to if you plan on keeping the card in the long term.
As for balance transfer offers, you may not find the best value in these when combined with a frequent flyer card. With a balance transfer offer, it’s best to focus on paying down that balance while paying less in interest. But, a frequent flyer card often provides most value when you spend on it, as spending earns points. Depending on your circumstances, you may find it difficult to pay down your transferred balance while clearing your monthly spend.
Time to compare the options? Check out the best frequent flyer deals for this month above, or take a look at the rest of our great frequent flyer card offers here.