Best Qantas & Velocity Credit Card Offers for February 2020Credit card sign-up bonuses are one of the easiest ways to accumulate frequent flyer points quickly and relatively cheaply. By applying for a credit card and paying the annual fee, you could earn tens or even hundreds of thousands of frequent flyer points towards your next trip!

There are lots of great credit card sign-up offers available in Australia for both Qantas points and Velocity points! If you’re thinking about applying for a new credit card and want to maximise your frequent flyer points, here are our picks for the best credit card offers available in February 2020…

Note: If you’re viewing this article on a smartphone, the tables below may look better if you rotate your device horizontally.

Credit card sign-up offers for Qantas points

With this month’s best Qantas credit card sign-up offers, you can earn up to 150,000 bonus Qantas Frequent Flyer points! That’s more than enough Qantas points to fly around the world in Economy class (which costs 132,400 Qantas points), or a return Qantas Premium Economy ticket from Sydney to Johannesburg (which costs 142,200 Qantas points).

Note that several of these Qantas (and Velocity) credit card offers require you to renew the card for a second year, or commit with spending each month over a period of several months, in order to earn the full sign-up bonus. This is part of a wider trend of banks cracking down on credit card churning.

Here are our picks of the top 5 Qantas points credit card sign-up bonus offers for February 2020:


Card Bonus Points Annual fee Offer expiry Minimum spend to earn bonus points
1. Qantas Premier Titanium 150,000 Qantas points $1,200 26/02/20  

Spend $5,000 within 90 days.


2. NAB Qantas Rewards Signature 120,000 Qantas points $395
($295 in first year)

Spend $3,000 within 60 days to earn 90,000 Qantas points. Renew to earn 30,000 Qantas points in the second year.


3. ANZ Frequent Flyer Black 120,000 Qantas points $425
($275 cash back in first year)

Spend $4,000 within 3 months.


4. Qantas Premier Platinum 120,000 Qantas points $299
($199 in first year)

Spend $1,500/month for first 6 months to earn 20,000 Qantas points per month.


5. Westpac Altitude Black bundle (with Amex) 100,000 Qantas points $499
($399 in first year)

Spend $4,000 & $3,000 on both cards, respectively, within 90 days.


Credit card sign-up offers for Velocity points

With the Virgin Australia credit card offers for February 2020, you can earn up to 100,000 Velocity Frequent Flyer points. That’s enough Velocity points for a 10 one-way Virgin Australia Business class upgrades from Sydney to Melbourne or Brisbane – or 20 upgrades if booked on Freedom tickets.

The St George Amplify Signature card comes with up to 200,000 bonus Amplify rewards points. You can choose to transfer Amplify points directly to Velocity Frequent Flyer, as well as to Singapore Airlines KrisFlyer or Malaysia Airlines Enrich. 200,000 Amplify points are equivalent to 100,000 Velocity points, KrisFlyer miles or Enrich miles. Note that Bank of Melbourne and Bank SA (which, like St George, are owned by Westpac) offer identical cards with the same offer available.

The Amex Velocity Platinum credit card comes with a free annual return Virgin Australia domestic flight and two annual complimentary Virgin Australia Lounge passes, somewhat offsetting the annual fee. And the Virgin Money Velocity High Flyer card comes with an annual $129 Virgin Australia voucher.

Here are our picks of the top 5 Velocity credit card offers for February 2020:

Card Bonus Points Annual fee Offer expiry Minimum spend to earn bonus points
1. Amex Velocity Platinum 100,000 Velocity points $375 12/02/20  

Spend $3,000 within 3 months.


2. Virgin Money Velocity High Flyer 100,000 Velocity points $289 24/02/20  

Spend $3,000/month for first 3 months to earn 25,000 Velocity points per month. Renew to earn 25,000 more points in the second year.


3. St George Amplify Signature 200,000 Amplify points $279
($139 in first year)

Spend $12,000 in the first year to earn 130,000 bonus points. Renew and spend $12,000 in second year to earn 70,000 points.


4. Westpac Altitude Black Velocity bundle (with Amex) 100,000 Velocity points $499
($399 in first year)

Spend $4,000 & $3,000 on both cards, respectively, within 90 days.


5. Westpac Altitude Black (Velocity) 80,000 Velocity points $300 31/03/20  

Spend $4,000 within 90 days.


That’s our pick for the best Australian credit card offers for February 2020.

Beware that most banks have credit card exclusion periods whereby bonus points are not awarded to customers that have previously held a card with that bank in the past 12-18 months.

Most current credit card sign-up deals are discussed on the Australian Frequent Flyer forum: Current Credit Card Promotions


Note: This article is not financial advice. Seek professional advice before applying for credit cards, or any kind of credit for that matter.


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Matt Graham
The editor of Australian Frequent Flyer, Matt's passion for travel has taken him to over 60 countries… with the help of frequent flyer points, of course!
Matt's favourite destinations (so far) are Germany, Brazil, New Zealand & Kazakhstan. His interests include economics, aviation & foreign languages, and he has a soft spot for good food and red wine.

You can contact Matt at [email protected]


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