Over the past few weeks, we’ve revealed the best Australian credit cards for lounge access and overseas spend in 2019. This week, we turn our attention to Australian credit cards that are great for earning Qantas Frequent Flyer points.
When choosing a point-earning credit card, you can opt for a co-branded credit card that earns points directly with one airline. Or, you can choose to earn credit card reward points – a flexible currency that you can transfer to an airline of your choice later on. In Australia, almost all of the credit cards that earn Qantas points are co-branded cards. There’s only one credit card rewards program in Australia that allows you to transfer points to Qantas Frequent Flyer – the Amex Membership Rewards Premium Ascent program for Amex Platinum Charge and Centurion cardholders. (All other Amex points cannot be converted to Qantas points.)
This does mean that earning Qantas points from your credit card spend requires a commitment to the Qantas Frequent Flyer program. That’s actually not a great thing, as sticking to one program exclusively can limit your options when it comes to redeeming the points. Qantas Frequent Flyer points are valuable, but the availability of reward seats to some destinations is very limited. Qantas also imposes very high carrier charges when you redeem your points.
But if you’ve decided that you do wish to earn Qantas points from your credit card spend, we’ve put together a list of the top Qantas point-earning credit cards in Australia as of April 2019. We’ve ranked the Qantas point credit cards in order of best earning rates, followed by the least restrictive earning caps and, finally, lowest annual fees. The earn rates quoted are based on everyday expenditure.
Unfortunately, many credit cards on the Australian market do cap the number of points that can be earned each month at the full rate. Once this threshold is reached, some cards will award points for any remaining spend during that month at a reduced rate. There are even some cards with a fixed maximum number of points that may be earned each month. If you’re a high spender, it’s worth looking for a card that doesn’t have any earning cap.
Without further ado, here are the best credit cards for earning Qantas points:
|Card||Annual Fee||Qantas points earned per $1||Cap on full earn rate|
|Frequent Flyer Diners Club (in World MasterCard combo)||$310||1.25||–|
|Qantas Amex Ultimate||$450||1.25||–|
|Westpac Altitude Black Amex||$499 (with MasterCard bundle)||1.25||–|
|Qantas Premier Titanium||$1,200||1.25||$12,500/month|
|Amex Platinum Charge||$1,450||1.125||–|
|Frequent Flyer Diners Club||$150||1||–|
|Qantas Amex Premium||$249||1||–|
|Westpac Altitude Platinum Amex||$249 (with MasterCard bundle)||1||–|
|ANZ Frequent Flyer Black||$425||1||$7,500/month|
|NAB Qantas Rewards Signature||$395||1||$5,000/month|
|HSBC Qantas Platinum||$79||1||$2,500/month|
|Qudos Visa Platinum||$249||1||$2,500/month|
Would you like to learn more about credit cards?
Frequent Flyer Solutions has an entire training course on Credit Cards. This course will teach you about maximising credit card points and help you to choose the credit card that’s right for you. View course →
Disclaimer: This article is not intended as financial advice. Consider your personal circumstances before applying for any type of credit.