Amex Membership Rewards Devaluation from 15 December 2025
American Express Membership Rewards points will be worth less when transferring to 7 airline partner programs from 15 December 2025.
Category: Credit Cards
How Much a Credit Card Point is Worth: Our Valuations
Our sophisticated Credit Card Point Valuation model calculates the average value of an Australian bank or payment platform point. Find out which programs have the most and least valuable points!
CommBank Awards Eliminating Most Transfer Partners
CommBank will remove the ability to transfer Awards Points to all of its frequent flyer program partners, except Virgin Australia Velocity, from 1 October 2025.
The RBA is Coming for Your Points
The Reserve Bank of Australia plans to ban card payment surcharges and reduce interchange fees from July 2026. This will likely reduce the reward points Australians earn from credit cards.
Westpac Introducing Monthly Credit Card Points-Earning Caps
Westpac is changing the earn rates and introducing monthly points-earning caps on its Altitude Rewards, Altitude Qantas and Altitude Velocity credit cards from 1 August 2025.