Credit Cards

[bob.billingham]

What is the best credit card for earning Velocity and other reward points. Rated for value for money that is points earned, yearly fee, interest, additional cards etc.

 

[mr_greg444]

Id get a commonwealth bank platinum credit card is you are planning to use the card often.

It is currently the only mastercard/visa and can be redeemed for velocity points at a rate 1:1. Amex also redeem at 1:1.

The Platinum CC has an annual fee of $200 and points are capped at 150,000 per year.

 

[JohnK]

Any of the Amex cards, with no MR points capping, and even better if you can get one where there is no annual fee. Every so often there is a promotion where they give you 50% bonus points if you transfer to Velocity which is great if your card is already earning 1.25 MR points/A$ or even better 1.5 MR points/A$.