Credit CardBonus Points OfferPoints Per $1 SpendAnnual Fee
ANZ Frequent Flyer Black100,000 Qantas Points & Cashback Bonus1$425
Qantas Premier Platinum100,000 Qantas Points1$299
St.George Amplify Signature100,000 Velocity Points or KrisFlyer Miles*0.75$139*
ANZ Rewards Black75,000 Velocity Points1$375
Qantas Amex Ultimate55,000 Qantas Points1.25$450
NAB Rewards Signature60,000 Velocity Points*0.62$295
Qantas Amex Discovery -0.75$0
Amex Essential (Velocity Points)-0.62$0

Paying for your holiday with your frequent flyer points can be so satisfying! It gets even better when there are benefits like complimentary free lounge access on frequent flyer credit cards.

Generally, a frequent flyer card is a fantastic option if you want rewards back in the form of free flights. Or if you travel constantly, it's a no brainer, a perfect option for speeding up your flyer point tally. 

It works best for you when you pay off your credit card balance each month to avoid interest charges. As the cost of interest charges can sometimes outweigh the benefit of the flyer points received.

At the end of the day, deciding on the best frequent flyer credit cards can be a little difficult. To help out, we have compared and listed the best frequent flyer credit cards in Australia. 

See other articles you might like:

Best Travel Credit Cards

Best Rewards Credit Cards  

ANZ Frequent Flyer Black

  • Bonus Points: 100,000 Qantas points & $150 cashback bonus.

  • Points Per Spend: 1 Qantas point per $1 spent up to $7,500 and 0.50 Qantas points furthermore. Extra 1 point for Qantas products or services. 

  • Annual Fee: $425.

Why We Like It:

The ANZ Frequent Flyer Black is on our list of best frequent flyer credit cards because of its super bonus offer!

A big bonus of 100,000 Qantas points and $150 cash back offer is available when you spend $3,000 on eligible purchases in the first 3 months of approval.

Your everyday purchases will earn 1 Qantas point per $1 spent on eligible transactions up to $7,500 per statement period. On purchases above $7,500 you then receive 0.5 Qantas points per $1 spend.

Earn extra points on Qantas products or services with 1 bonus Qantas point per $1 spent. Points are uncapped so the sky is the limit! See the list of ANZ non-eligible purchases @ 23.Exceptions.

Interest rates on the card are set at 19.99% p.a. coupled with an annual fee of $425 p.a. Its minimum credit limit is $15,000. 

 

Extra Benefits:  

Enjoy complimentary 2 passes each year to Qantas Club lounge or Qantas-operated International Business lounge. New members can have their joining fee waived and a discounted first year Qantas club membership (totals to a $497 discount).

You'll gain access to Exclusives ANZ and VISA Entertainment to get exclusive invitations to events in entertainment and lifestyle. And if you need assistance with booking or planning your events its 24/7 concierge services are at your call. 

Travel related insurances inclusive are overseas travel and medical, interstate flight convenience insurance and rental excess cover. In addition, shop with confidence with its eligible extended warranty, best price guaranteed and 90-day purchase protection. 

 

Income Eligibility: 

Minimum income required is $75,000.

 

Qantas Premier Platinum

  • Bonus Points: 100,000 Qantas points.

  • Points Per Spend: 1 Qantas points per $1 domestic spend up to $10,000 & 0.5 Qantas points furthermore. 1.5 Qantas point per $1 international spend. Extra 1 Qantas point on Qantas purchases. 

  • Annual Fee: $299. 

Why We Like It:

The Qantas Premier Platinum gets you 80,000 bonus Qantas points when you spend $5,000 within first 90 days of approvel. Followed by 20,000 Qantas points after your first anniversary. 

Every $1 spent domestically will earn you 1 Qantas points up to $10,000 in spend. And anything over $10,000 will receive 0.5 Qantas points per $1 spend. Internationally spend per $1 earns 1.5 Qantas points.

Purchasing of Qantas products will earn a bonus 1 Qantas point. See the list of non-eligible purchases on page 4 of Qantas Premier Platinum transaction exclusions.

Its interest rate is 19.99% and has an annual fee of $299 p.a. 

For your first eligible Qantas purchases on your card, you can get 6 months interest free within the six months of account approval.

 

Extra Benefits:  

Get more comfortable with 2 single entry lounge invitations each year to Qantas Club Domestic or Qantas Operated Business Lounges.

Even save up to 20% on selected domestic flights for you and up to 8 people when booking directly with concierge. Qantas' concierge service is available  24/7 for your lifestyle and travel bookings and more. 

Also, receive complimentary travel cover such as medical emergency insurance and travel cancellation cover.

 

Income Eligibility: 

The minimum income required is $35,000.  

 

St.George Amplify Signature

  • Bonus Points: 100,000 Velocity points or KrisFlyer miles.

  • Points Per Spend: 0.75 Velocity points per $1 spend on eligible purchases.

  • Annual Fee: $139 in first year. Thereafter it's $279 p.a.

Why We Like It:

The St.George Amplify Signature has one of the highest frequent flyer bonus points offers in the market.

Get 130,000 Amplify Points in the 1st year and another 70,000 points in the 2nd year when you spend at least $12,000 on eligible purchases each year. Then, convert your total 200,000 Amplify points into its equivalent of 100,000 Velocity points or KrisFlyer miles, or $900 in e-Gift cards. 

For each $1 spent you earn 1.5 Amplify points on eligible purchases and yep it's uncapped too! Then trade your 1.5 Amplify points in for 0.75 Velocity points or KrisFlyer miles. To speed up your point earnings you can add one additional cardholder for free. 

Its purchase rate is 19.74% p.a. and in the first year the annual fee is $139 and then $279 p.a. thereafter.  

 

Extra Benefits:  

Kick back and relax while in transit with its 2 complimentary Priority Pass lounge visits per year.

Secure free membership to Visa's Luxury Hotel Collection with the privileges of best available rates, free room upgrades, and late check of 3 pm at some of the hotels worldwide. Furthermore, you'll have 24/7 access to its concierge service to assist you with lifestyle planning and bookings. 

When taking your holiday overseas feel free to take advantage of its complimentary overseas travel insurance. Or shop with more peace of mind with its extra benefits like extended warranty, purchase protection, and best price guarantee.  

 

Income Eligibility: 

No set minimum income required. 

 

ANZ Rewards Black

  • Bonus Points: 75,000 Velocity points (converted from 150,000 ANZ Reward points).

  • Points Per Spend: 2 Reward points on purchases of up to $5,000 per statement period and 1 Reward point thereafter (2 Reward points = 1 Velocity point).

  • Annual Fee: $375.

Why We Like It:

Get a hot offer of 150,000 bonus Rewards points when you spend $4,000 on eligible purchases in the first 3 months from approval on the ANZ Rewards Black. Then convert the 150,000 Reward points for 75,000 Velocity points via the ANZ Rewards program. 

Its reward points are uncapped! You'll collect 2 Reward points per $1 on purchases for up to $5,000 per statement period. Then 1 Reward point per $1 when above $5,000 per statement period. Then choose to redeem Velocity points by conversion of 2 ANZ Reward points = 1 Velocity points

Redeemed frequent flyer points available are Velocity points, Air New Zealand Airpoints Dollars, Singapore Airlines KrisFlyer miles or Asia Miles. 

Its purchase rate is 20.24% p.a. with up to 55 days interest free. The annual fee is $375 p.a. and a minimum credit limit is $15,000.

 

Extra Benefits:  

Get up to 9 additional cardholders at $65 each. 

Hands you complimentary access to Exclusives by ANZ for exclusive entertainment offers. 

And you'll be happy to know it comes with free international travel insurance, interstate flight inconvenience, rental vehicle excess in Australia, and transit accident insurance. 

When you shop your eligible purchases will have free purchase protection, guaranteed pricing scheme and extended warranty.

If you ever need help making bookings for dining, entertainment, travel and more you'll have access to your own 24/7 personal concierge to assist you.  

 

Income Eligibility: 

The minimum income required is $75,000.  

 

Qantas American Express Ultimate

  • Bonus Points: 55,000 Qantas points.

  • Points Per Spend: 1.25 Qantas points per $1 spent on everyday spending & 0.5 Qantas points on government bodies. Extra 1 Qantas point on Qantas purchases. 

  • Annual Fee: $450.

Why We Like It:

The Qantas American Express Ultimate has 55,000 bonus Qantas points if you spend $3,000 in the first 3 months.

Every $1 spent earns 1.25 Qantas, except for government bodies in Australia which earn 0.5 Qantas points.

Plus, when you buy Qantas products or services you'll get an extra 1 Qantas point per $1 spent. Besides having a great point earning rate, this card has no cap on points earned!

Its interest rate is 20.74% with an annual fee of $450 p.a. 

Do you do online shopping in foreign currency or venture overseas much? If so, its no foreign transaction fees will save you paying fees on your foreign purchases. 

 

Extra Benefits:  

We love that this card offers a $450 Qantas Travel Credit each year for any domestic or internationally Qantas flights. This kinda covers the card's annual fee.

Even more, treat yourself to airport comfort with its 2 American Express Airport Lounge and 2 Qantas Club lounge entries each year.

When you travel get complimentary cover for you and your family. Covering medical expenses, transport accident cover, travel cancellations, baggage money and documents and travel inconvenience up to $200 for flight delays.  

Finally, with mobile payments growing in popularity it's good to know this card works on Apple Pay, Samsung Pay and Google Pay. 

 

Income Eligibility: 

The minimum income required is $65,000.  

 

NAB Rewards Signature

  •  Bonus Points: 60,000 Velocity points or other mile programs options.

  • Points Per Spend: 0.62 Velocity points per $1 spend on everyday purchases. 1.25 Velocity points at major department/hardware stores.

  • Annual Fee: $295.

Why We Like It:

Get 90,000 NAB Reward bonus points with the NAB Rewards Signature if you spend $3,000 on everyday purchases within 60 days of account opening. After 12 months receive another 30,000 NAB Reward points. Finally, then convert those total points to 60,000 Velocity points (bonus points are equivalent to $600 with Webjet or in gift cards)

Morever, convert your points into loyalty point schemes like Webjet, Air Miles, Air New Zealand Airpoints, Velocity Flyer or KrisFlyer. 1 Rewards Point with NAB Rewards will convert to the following: 0.5 Velocity Points, 0.33 Asiam miles, 0.33 KrisFlyer Miles or 0.005 Airpont dollars.

Earn 1.25 points per $1 spend on everyday purchases with uncapped earnings. Or get 2.5 points on purchases made in-store or online at major department and hardware stores in Australia. These include Myer, David Jones, Kmart, Target, Big W, Bunnings, Mitre 10 and more.

The Purchase interest rate on this credit card is 19.99% p.a. with an annual fee of $295 p.a. 

 

Extra Benefits:  

Have your own personal concierge 24/7 to assist you with lifestyle and planning services. Or book your next adventure through the Visa Premium Access.

Or pack your suitcases and fly overseas feeling more secure with its complimentary overseas travel insurance, transport accident insurance, Interstate flight inconvenience insurance or Domestic hotel burglary insurance. 

Furthermore, purchase your next online or in-store goods with more confidence by being covered with Purchase protection insurance, Extended warranty insurance, and Price protection insurance.

 

Income Eligibility: 

No set minimum income is required. 

 

Qantas American Express Discovery

  • Bonus Points: N/a.

  • Points Per Spend: Earn 0.75 Qantas points for every $1 spent. 0.5 Qantas points at goverment bodies. Get extra 1 Qantas point on Qantas purchases.  

  • Annual Fee: $0.

Why We Like It:

We've added the Qantas American Express Discovery to the list for our users who don't want to pay annual fees.

This credit card gets you 0.75 Qantas points for every $1 spent on card purchases at non-government bodies. For purchases made at government bodies in Australia will earn you 0.5 Qantas points for $1 spent. Earn 1 extra Qantas point every time you spend $1 with Qantas.

Its purchase interest is 20.74% p.a.

 

Extra Benefits:  

Use its refund protection on the account if ever you're refused a refund on an unused eligible item within the first 90 days of purchase.

Mobile payment platforms available for the card are Apple Pay, Samsung Pay or Google Pay.

 

Income Eligibility: 

The minimum income required is $35,000.

 

American Express Essential

  • Bonus Points: N/a.

  • Points Per Spend: 1 Rewards point = 0.5 Velocity points. Earn 1.25 Rewards point (0.62 Velocity points) per $1 spent on everyday purchases. 1 Rewards points per $1 spent at government bodies in Australia. 

  • Annual Fee: $0.

Why We Like It:

The American Express Essential is like having a few different credit card types all into one.

It has reward points, no annual fee, and lower than the usual interest rate of 14.99% p.a. Seeing a credit card with these two power features combined is a rare find.

Earn yourself reward points as you spend with 1.25 Rewards point per $1 spent on everyday purchases like coffee or groceries etc. And 1 Rewards points per $1 spent at government bodies in Australia. Then finally, you can convert 1 Rewards point into 0.5 Velocity to collect frequent flyer points.

 

Extra Benefits:  

Accidentally cracking your smartphone screen really really sucks. But have no fear, you can use its Smartphone Screen Insurance (up to $500 for screen repairs when you buy your phone or contract with the credit card).

Have your purchased items within 90 days covered by its purchase protection and refund protection shopping insurances.

Plus, get to enjoy more entertainment experiences with your access to American Express Invites for pre-sale tickets and reserved seating for desired events.

And the mobile payment users can setup up their card on Apple Pay, Samsung Pay and Google Pay.

 

Income Eligibility: 

The minimum income required is $40,000.

 

We hope you found our list of best frequent flyer credit cards in Australia for 2020 helpful! Feel free to comment below with your thoughts on our blog.

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