Let’s look at these 5 frequent flyer credit cards for October 2019
Check out our top frequent flyer deals for this month, and apply today.
ANZ Frequent Flyer Black – 100,000 bonus Qantas Points and $200 back
Receive 100,000 bonus Qantas Points and $200 back on your card when you apply online for the ANZ Frequent Flyer Black credit card, and spend $4,000 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. Complimentary international travel and purchase protection insurance, and access to Exclusives by ANZ.
ANZ Rewards Travel Adventures Card – 75,000 bonus Velocity Points
Get 75,000 bonus Velocity Points with the ANZ Rewards Travel Adventures Credit Card when you spend $2,500 on eligible purchases within the first 3 months of approval. Enjoy one complimentary return domestic flight and two complimentary single entry lounge passes, both with Virgin Australia each year you hold the card. All you have to do is spend $500 on eligible purchases on your ANZ Rewards Travel Adventures card in the first three months. Pay no foreign transaction fee on purchases made overseas or online. This card comes with complimentary International Travel Insurance and Rental Vehicle Excess In Australia Insurance.
HSBC Platinum Qantas Credit Card
Pay no annual fee the first year and reasonable $79 p.a. thereafter. Add a free additional card holder. Earn a solid 1 Qantas point per dollar spent, up to $2500/month. 0.5 Qantas Points thereafter, capped at 7,500 per statement period. This is a great card for lower spenders that want to earn Qantas points without a big annual fee. The HSBC Platinum Qantas also comes with complimentary Domestic & International travel insurance. 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.
St.George Amplify Signature Credit Card Qantas – 80,000 bonus Qantas Points
80,000 bonus Qantas points with a new St.George Amplify Signature Credit Card when you spend at least $6,000 on eligible purchases within 90 days of card approval. Birthday bonus 10% on points earned in the previous 12 months (love this feature for a points hit). Earn 0.75 Qantas Points per $1, uncapped. Reduced annual fee the first year of $139. Annual fee of $279 p.a. thereafter. Complimentary Visa Luxury Hotels membership – enjoy breakfast, late check-outs plus hotel room upgrades when available. Complimentary travel and retail insurance cover. 2 Qantas Lounge Passes per year.
NAB Qantas Rewards Signature Credit Card – 120,000 bonus Qantas Points
The NAB Qantas Rewards Signature Credit Card gives you a decent earn rate of 1 Qantas points per $1 spent up to $5,000 and then 0.5 Qantas Points per $1 spent between $5,001 and $20,000. Receive 120,000 Qantas Frequent Flyer points when you keep your card open for over 12 months and make a minimum $3,000 spend in first 60 days. Enjoy complimentary insurances, including Overseas Travel Insurance. The annual fee is reduced to $295 first year and $395 p.a. thereafter.
Virgin Australia Velocity High Flyer Credit Card – up to 100,000 Bonus Velocity Points
With the Virgin Australia Velocity High Flyer Credit Card you can take advantage of high flying features and excellent rewards. As a cardholder, you earn 1 Velocity Point per $1 spent on your everyday spending (up to $8,000 per statement period, then 0.5 Velocity Points per $1 spent). This is a top earn rate for Velocity points on a Visa. Get more back with an annual $129 Virgin Australia Gift Voucher and two Single Entry Virgin Australia domestic Lounge passes each year, plus complimentary insurances. Annual fee is $289 p.a. And, if you apply today, you could earn up to 100,000 bonus Velocity Points, with 25,000 Velocity Points credited to your account each month you spend $3,000 on eligible purchases in the first 3 months from card approval. Plus receive an additional 25,000 Points after your first anniversary. Offer ends 2 December 2019.
Finding the Best Credit Card Offers on Frequent Flyer Cards
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.
Which frequent flyer program is best 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:
- Qantas – Qantas Frequent Flyer
- Virgin – Virgin Velocity Frequent Flyer
- Jetstar – Jetstar Frequent Flyer
- Singapore – Airlines Singapore Airlines KrisFlyer
- Cathay Pacific – Marco Polo Club
- Etihad – Etihad Guest
- Emirates – Skywards
- Malaysia Airlines – Enrich
- British Airways – British Airways Executive Club
- American Airways – AAdvantage Frequent Flyer
- United – Mileage Plus
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 $99.50, 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.
How many points can you earn?
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.
What can you redeem those points on?
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.
How much does the card cost?
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.
What features are on offer?
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.
Are there any introductory offers available?
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.