Credit CardMain FeaturePoints / $1 SpendAnnual Fee
St.George Amplify Signature200,000 Bonus Points1.5$139*
ANZ Rewards Black150,000 Bonus Points2$375
NAB Rewards Signature120,000 Bonus Points1.25$295
Citi Premier70,000 Bonus Points1.5$395
David Jones Amex PlatinumRetail Shopping & 30K Bonus Points4$295
American Express Platinum80,000 Bonus Points2.25$1,450
Woolworths Everyday PlatinumGroceries & Cashback3$0*
Coles RewardsGroceries & Cashback2$99
American Express EssentialNo Annual Fee1.25$0

It's a sweet deal when collecting reward points on everyday purchases or monthly bills. Exchanging points for free flights, gifts, cashback are features included in some of the best rewards credit cards.

Above all, you are definitely winning if your rewards outweigh the cost of the annual fee. And if you pay off the balance every month to avoid any interest charges. 

Building a large number of rewards is easier when credit cards are used for everyday purchases, groceries, or having additional cardholders.

Below we have put together our list of the best rewards credit cards available in Australia. Feel free to view more or compare more rewards credit cards listed on Kredmo's website.

Check out other similar articles:

Best Frequent Flyer Credit Cards  

Top Premium Credit Cards

St.George Amplify Signature

  • Bonus Points: 200,000 Amplify points.

  • Points Per Spend: 1.5 Ampfliy Points per $1 spend on eligible purchases.

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

Why We Like It:

The St.George Amplify Signature bonus points come as Amplify points but can be traded for frequent flyer points.

It offers 130,000 Amplify points in the first year and another 70,000 points in the 2nd year, when you spend at least $12,000 on eligible purchases each year. The 200,000 Amplify points over two years is the equivalent of up to 100,000 Velocity points or KrisFlyer miles or $900 in e-Gift cards.

Each $1 spent earns 1.5 Amplify points on eligible purchases. Those point earnings are uncapped too. You can even trade-in 1.5 Amplify points to 0.75 Velocity points or KrisFlyer miles. And with its one additional cardholder for free, you can speed up your point earnings. 

It has a special annual fee offer of $139 in the first year and $279 p.a. thereafter. Its purchase interest rate is 19.74% p.a and minimum limit is $15,000. 


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, but it does have a minimum credit limit of $15,000. 


ANZ Rewards Black

  • Bonus Points: 150,000 Reward points.

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

  • Annual Fee: $375.

Why We Like It:

Has a hot offer of 150,000 bonus Rewards points when you spend $4,000 on eligible purchases in the first 3 months from approval of ANZ Rewards Black

Its reward points are uncapped! You 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. 

You can redeem Reward points for gift cards, cashback, travel and more. Or for frequent flyer points such as 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 the 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 if you travel, 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: 

No set minimum income is required. 

NAB Rewards Signature

  • Bonus Points: 120,000 Reward points.

  • Points Per Spend: 2.5 points per $1 spend at major department and hardware stores. 1.25 points on everyday purchases. 3.75 points on Webjet purchases via the NAB Rewards Store or on

  • Annual Fee: $295.

Why We Like It:

The NAB Rewards Signature earns good points at department and homeware stores.

Get 2.5 points per $1 spend at Myer, David Jones, Kmart, Target, Big W, Bunnings, Mitre 10, Home Timber and Hardware, Stratco and Total Tools. And 1.25 points on everyday spending.  

Plus, earn 3.75 points per $1 spend on purchases with Webjet via the NAB Rewards Store or on

Get 90,000 bonus points when spend $3,000 on everyday purchases within first 60 days of opening your account. Then 30,000 more bonus points after keeping your card for over 12 months. 

Its purchase interest rate is 19.99% p.a with an annual fee of $295 p.a. Interest-free days on the card a great at 55 days while the minimum credit limit is $15,000.


Extra Benefits:  

Have your own personal NAB 24/7 concierge service to assist you with lifestyle and planning services. Or book your next adventure through the Visa Entertainment membership program.

Feel more secure when holiday overseas with its complimentary overseas travel insurance, transport accident insurance, Interstate flight inconvenience insurance or Domestic hotel burglary insurance. 

Furthermore, buy your online or in-store goods with confidence under its purchase protection insurance, extended warranty insurance, and price protection insurance.  


Income Eligibility: 

Not set minimum income is required. But its minimum credit limit is $15,000.


Citi Premier

  • Bonus Points: 70,000 points.

  • Points Per Spend: 1 point per $1 spend on everyday spending. 1.5 points at major supermarkets, petrol outlets and national retailers. 2 Points per $1 spent on international spend, airlines, hotel chains and restaurants in Australia.

  • Annual Fee: $395.

Why We Like It:

Citi knocks out a sound bonus points offer of 70,000 bonus points on Citi Premier. To be eligible for the bonus points you must spend $5,000 in the first 60 days from the approval date. 

Your everyday domestic eligible purchases will earn 1 point per $1 spent. Collect 1.5 points on $1 spent at major supermarkets, petrol stations and national retailers. And collect 2 points per $1 spent on purchases internationally, with major airlines, hotels chains and restaurants in Australia.

Its purchase interest rate is 24.99% p.a with up to 55 days of interest free days. The annual fee is $395 p.a. and the minimum credit limit is $15,000.


Extra Benefits:  

To build your tower of points faster, you can select up 4 additional cardholders at no cost - additional cardholders must be 16 years old or above. 

When traveling overseas both you and your family can get complimentary international travel. Plus, for your shopping in-store or online worldwide you get complimentary purchase cover insurance.

Furthermore, you can use its extended warranty and its guaranteed pricing scheme for more protection when purchasing goods in Australia. 

Experience your next travel with more comfort with its two airport lounge visits every year. What's also great is that you'll have unlimited complimentary Priority Pass membership.   

In addition, get access to its 24/7 concierge to assist you with booking hotels, restaurants of events and more. Or the next time you dine at a Citi partner restaurant you'll get a complimentary bottle of wine. 

With its complimentary access to Citi World Privileges, you can get upgraded hotel rooms or discounts on car rentals, online shopping and restaurants. Plus, get presale ticket treatment to coolest events with Visa Front Line Access


Income Eligibility: 

The minimum income required is $75,000.


David Jones American Express Platinum

  • Bonus Points: 30,000 Rewards points or 15,000 Qantas points.

  • Points Per Spend: 3 Reward points per $1 spent at major supermarkets & petrol stations. 2 Reward points per $1 spent at David Jones. 1 Reward point per $1 spent everywhere else.

  • Annual Fee: $295.

Why We Like It:

The David Jones American Express Platinum can get you 30,000 Reward Points or 15,000 Qantas Points when you spend $750 outside David Jones within the first 3 months.

Earn 3 Reward points per $1 spent at major supermarkets & petrol stations. And 2 Reward points per $1 spent at David Jones and 1 Reward point per $1 everywhere else. 

The purchase interest rate is 20.74% p.a. and the annual fee is $295 p.a. And has up to 44 days interest free. 


Extra Benefits:  

Shopping at David Jones gets you complimentary standard delivery for items purchased instore or online with the card. Plus gift wrapping, invitations to exclusive fashion events, fashion pay later option and a Christmas deferred payment option.

For larger purchases, you'll have up to 4 years interest free with no deposit; when you spend $500 or more on homewares, furniture, bedding or electrical items at David Jones.

Ensure cover with its complimentary purchase protection worldwide. Covering purchases for 90 days from theft or damage on eligible items purchased on the card.

Purchases can be made with Apple Pay, Samsung Pay and Google Pay. 


Income Eligibility: 

The minimum income required is $40,000.


American Express Platinum

  • Points Per Spend: 2.25 points per $1 on everyday purchases & 1 point on goverment bodies in Australia.

  • Bonus Points: 80,000 Reward points.

  • Annual Fee: $1,450.

Why We Like It:

The American Express Platinum comes with a full range of extra benefits. Sarting with 80,000 bonus points when you spend $3,000 in the first 3 months. 

For reward points, you collect 2.25 points per $1 on eligible everyday purchases. And 1 point on government bodies in Australia. Plus, its point earning has no cap, so sky's the limit.

Points can be converted to flyer points to several Amex Airline Award Partners, including Velocity Points and 2 hotel programs. 

The card comes at an annual fee of $1,450 p.a. and has up to 44 cash flow days.


Extra Benefits:  

For your travel services, it has $450 travel credit that can be used for eligible flights, hotels, car rental and more.

You and a guest can relax at the American Express Global Lounge Collection, which includes Priority Pass. Your one additional card member gets Priority Pass membership too and can bring a guest. 

Available to you is the complimentary Platinum International Airline Program. Offering discounts of up to 20% on First and Business class with Qantas, Virgin, Emirates and more. 

Have the option to book your hotel stays through the Fine Hotels & Resorts Program with complimentary benefits to an average value of $700 AUD. Such as free room upgrades, 4pm late checkout and more. Benefits are supplied at 975 properties at 5-star level based globally.  

For more complimentary memberships and programs is the Accor Plus valued at $395/year. The Hotel Elite Status, American Express Invites and AFR digital subscription ($628/year value).

Need help with planning your experiences? Then call your complimentary platinum concierge 24/7 for assistance with suggestions and bookings. 

Insurances that are available on the card are smartphone screen insurance, extended warranty and purchase protection.

Finally, you have the option to setup up mobile payments with Apple Pay, Samsung Pay and Google Pay.


Income Eligibility: 

The minimum income required is $100,000 with no history of bad debt or payment default.


Woolworths Everyday Platinum

  • Points Per Spend: 3 points for every $1 spend on Woolworth brands. 2 points every $1 spent at Woolworth markets and 1 point everywhere else. 

  • Extras: Cashback of $20 on every 4,000 points.

  • Annual Fee: $0 in the first year. $49 p.a. thereafter. 

Why We Like It:

With the Woolworths Everyday Platinum you get 3 points for every $1 spent on Woolworth products. Then 2 points for every $1 spent at Woolworth markets and 1 point everywhere else.

Every 4 months your points are collected and automatically convert to shopping cards; 4,000 points equals a $20 Woolworths shopping card. 

Further discounts are available like getting 10% off your shopping once a month on selected dates. Potentially saving you up to $50 every month.

Its purchase interest rate is 19.99% p.a. In the first year, the annual fee is $0 and in the following years it's $49 p.a. The minimum credit limit is $6,000 and interest free days is 55 days. 


Extra Benefits:  

Offers a 24/7 concierge service and Visa luxury hotel collection access. Provinding you assistance with booking flights, car rental, restaurants etc. and discounts on hotels. 

Shoppers will be please know it has purchase protection insurance. Covering for theft or damage to eligble items within 90 days of purchase. 


Income Eligibility: 

The minimum income required is $30,000. 


Coles Rewards

  • Points Per Spend: 2 points per $1 spend on purchases.  

  • Extras: Cashback of $10 every 2,000 points. 

  • Annual Fee: $99.

Why We Like It:

The Coles Rewards Mastercard gets you 2 Flyby points on each $1 spent on purchases. And 3 points per $1 spent at Flyby partners: Coles, Coles online, Kmart, Target, Liquorland and many more by scanning your barcode at the checkout.

For every 2,000 Flybuy points you'll automatically redeem $10 off your Coles supermarket shopping instantly at the checkout. 

Its purchase interest rate is 19.99% p.a. on purchases and cash advances, and has a $99 p.a. annual fee. 


Extra Benefits:  

First, you save on international transactions with its no foreign transaction fees. Second, you can book flights or accommodation overseas and more, feel free to use its 24/7 worldwide concierge to assist you.

Feel more secure when you purchase items worldwide with its purchase protection. For the first 90 days you get protection on eligible items that are permanently lost, stolen or accidentally damaged.

Now Available with Apple and Samsung Pay. 


Income Eligibility: 

The minimum income required is $25,000.


American Express Essential

  • Points Per Spend: 1 point per $1 on everyday purchases. 

  • Extras: Low purchase rate of 14.99% p.a. 

  • Annual Fee: $0.

Why We Like It:

The American Express Essential is a few different credit card types packed all in one.

It has no annual fee, a lower than the normal interest rate of 14.99% p.a. and rewards points for spending. It's rare to see a credit card with these three features bundled together.

You can earn 1 point per $1 spent on everyday purchases like coffee or groceries. 0.5 points per $1 spent for utilities, insurance, telecommunication and government bodies.


Extra Benefits:  

Ever experienced the shock of having your phone screen cracked? No problem, you can get covered by Smartphone Screen Insurance. Gets you cover for up to $500 for screen repairs when you buy your phone or contract with the credit card.

If a purchased item breaks or is stolen within 90 days then the Purchase Protection could replace it. But its eligible for purchases only and the cover is up to $20,000 per year and $2,500 per claim with a $50 excess per claim.

Have access to American Express Invites for those pre-sale tickets and reserved seating for desired events.

Finally, have the option to setup up your mobile payments with Apple Pay, Samsung Pay and Google Pay.


Income Eligibility: 

The minimum income required is $40,000.


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

To get more similar related blogs and helpful tips, feel free to drop your email at the bottom of our homepage. Or follow us on FacebookInstagram or Twitter