Best way to earn bonus points

 
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I'm looking to book two return business class flights to Europe for July 2018. I currently have 200k points, and from what I can tell will need to get to ...
  1. #1
    Junior Member Bakks's Avatar
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    Best way to earn bonus points

    I'm looking to book two return business class flights to Europe for July 2018. I currently have 200k points, and from what I can tell will need to get to around 500k points.

    I currently have a NAB and American Express card to earn points (so can't use their bonus schemes, as they have already been exhausted), but am looking at other cards with bonus points to boost the balance.

    From what I can tell the options are:
    - Westpac Altitude Black - 100,000 bonus Altitude points, converted to Velocity this becomes 50,000 points
    - ANZ Rewards Black - 75,000 bonus reward points, converted to Velocity this becomes 37,500 points
    - Virgin Australia Velocity Frequent Flyer - 40,000 bonus Velocity points

    Am I missing any others here, or any other effective ways to earn bonus points?
    Last edited by Bakks; 17th February 2017 at 09:15 PM.

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  3. #2
    New Member PhilandJosh's Avatar
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    Re: Best way to earn bonus points

    Very new to this but from what I can tell if you are flush with cash the Amex platinum charge would still allow you to have a signup bonus of 100000MR points equal to 100 k velocity. Apparently you can get the bonus from AMEX for 1 charge and 1 credit card... $1200 annual fee though!!!!. If you have a home loan and can get a comparable deal to your existing lender without too many fees NAB do 250k velocity pts ( may be less75k as it sounds like you got the signup bonus on their cc??? Not sure best to check with them)

  4. #3
    Established Member lovetravellingoz's Avatar
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    Re: Best way to earn bonus points

    Quote Originally Posted by Bakks View Post

    Am I missing any others here, or any other effective ways to earn bonus points?
    Credit card sign-on bonii is only one form of earning bonus points. In recent years this has been a lucrative type, but it does go up and down over time.

    There are not the only type of bonus points though.

    For example various cards will have bonus points for various promotions, or to shop with various partners. Sometimes this is specific to one company, or may be say like Citibank who will have promos based on triple points at supermarkets, or like the NAB promo I just finished which had triple points for 2 months.

    You can also earn bonus points from Card Referrals with Amex. And in addition for some cards you will earn more sign-on bonus points if you use a referral.

    Amex also has its Local Champion Bonus Point system.

    Transfer bonus is also another type of bonus that comes and goes (ie to move your points from a credit card program to an airline, ora toa hotel program etc).


    Then they are bonus points from hotel stays, car hire, buying things from health insurance to energy.

    Another type is FF bonus points awarded for buying through various airlines shopping programs. ie Krislfyer, QFF and Velocity all have these.

    etc
    The biggest opportunities to earn points by and large come from the banks/airlines etc doing things wrong, rather than them doing things right.

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  6. #4
    Junior Member Bakks's Avatar
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    Re: Best way to earn bonus points

    Quote Originally Posted by PhilandJosh View Post
    Very new to this but from what I can tell if you are flush with cash the Amex platinum charge would still allow you to have a signup bonus of 100000MR points equal to 100 k velocity. Apparently you can get the bonus from AMEX for 1 charge and 1 credit card... $1200 annual fee though!!!!. If you have a home loan and can get a comparable deal to your existing lender without too many fees NAB do 250k velocity pts ( may be less75k as it sounds like you got the signup bonus on their cc??? Not sure best to check with them)
    I've already used the AMEX cards for the 100k velocity points, and also managed to get the NAB 250k home loan offer. The helped to pay for this years trip

    Quote Originally Posted by lovetravellingoz View Post
    Credit card sign-on bonii is only one form of earning bonus points. In recent years this has been a lucrative type, but it does go up and down over time.

    There are not the only type of bonus points though.

    For example various cards will have bonus points for various promotions, or to shop with various partners. Sometimes this is specific to one company, or may be say like Citibank who will have promos based on triple points at supermarkets, or like the NAB promo I just finished which had triple points for 2 months.

    You can also earn bonus points from Card Referrals with Amex. And in addition for some cards you will earn more sign-on bonus points if you use a referral.

    Amex also has its Local Champion Bonus Point system.

    Transfer bonus is also another type of bonus that comes and goes (ie to move your points from a credit card program to an airline, ora toa hotel program etc).


    Then they are bonus points from hotel stays, car hire, buying things from health insurance to energy.

    Another type is FF bonus points awarded for buying through various airlines shopping programs. ie Krislfyer, QFF and Velocity all have these.

    etc

    Thanks - sounds like I should do some research into these. The credit card bonus points are certainly the easiest!

  7. #5
    Established Member lovetravellingoz's Avatar
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    Re: Best way to earn bonus points

    Quote Originally Posted by Bakks View Post
    I'm looking to book two return business class flights to Europe for July 2017
    School holidays this year. You best get on your bike then.

    The best options will already be gone.
    Last edited by lovetravellingoz; 17th February 2017 at 08:11 PM.
    The biggest opportunities to earn points by and large come from the banks/airlines etc doing things wrong, rather than them doing things right.

  8. #6
    Established Member lovetravellingoz's Avatar
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    Re: Best way to earn bonus points

    Quote Originally Posted by Bakks View Post
    I've already used the AMEX cards for the 100k velocity points, and also managed to get the NAB 250k home loan offer. The helped to pay for this years trip




    Thanks - sounds like I should do some research into these. The credit card bonus points are certainly the easiest!
    All the various types of bonii add up.

    I advocate grabbing all that are worth your time and effort...and the $ when there is a cost involved.
    The biggest opportunities to earn points by and large come from the banks/airlines etc doing things wrong, rather than them doing things right.

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  10. #7
    Junior Member Bakks's Avatar
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    Re: Best way to earn bonus points

    Quote Originally Posted by lovetravellingoz View Post
    School holidays this year. You best get on your bike then.

    The best options will already be gone.
    That should be July 2018! 2017 is already locked in thankfully.

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  12. #8
    Established Member lovetravellingoz's Avatar
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    Re: Best way to earn bonus points

    Quote Originally Posted by Bakks View Post
    That should be July 2018! 2017 is already locked in thankfully.
    Well that makes live easier. Booking window opens August-ish. So will still need to gain points quickly.

    However to gain a lot of points into the one program that quickly may test you. So another option would be to redeem 2 J tickets in one program one way, and to book the one way return flights via another FF program.

    In addition multiple programs opens up more redemption options.
    The biggest opportunities to earn points by and large come from the banks/airlines etc doing things wrong, rather than them doing things right.

  13. #9
    Established Member Dr Ralph's Avatar
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    Re: Best way to earn bonus points

    Quote Originally Posted by Bakks View Post

    I currently have a NAB and American Express card to earn points (so can't use their bonus schemes, as they have already been exhausted),
    Sure you can use them.

    Cancel these cards and reapply. Get the bonus again.

    Details of other credit card offers listed here:

    http://www.australianfrequentflyer.c...rd-promotions/

  14. #10
    New Member PhilandJosh's Avatar
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    Re: Best way to earn bonus points

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    So you have used both the platinum charge card sign up bonus from Amex and the velocity platinum sign up bonus? Any investment properties you can refinance to nab

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