I currently have a Qantas Ultimate Card which I've had for 3 years (5 years if you count 2 years of gold). I've paid discount renewals the last 2 years but when renewal comes up in December I won't be keeping it if charged $450 with the new scheme. I use the card for bills, petrol, supermarkets, and travel roughly 25% each.
I'm checking out the alternative now and am considering signing up for multiple cards to get some good value benefits. Looking at 6 cards including retaining the Ultimate if discounted.
I've just achieved Qantas gold status so I'd prefer QF pts at the moment but not 100% necessary.
1. Chartered Accountants Platinum Edge
Pros: Discount annual fee ($150), Free flight (but only if you join Ascent/QF rewards also available but no flight), $150 David Jones Voucher pays for the first year fee. 3pts for supermarket, 2 for petrol
Cons: No QF points unless you sacrifice flight. The 0.5pts scale.
2. Chartered Accountants Platinum Reserve
Pros: Discount annual fee ($295), Free flight Virgin AND QF reward points, David Jones $250 voucher virtually pays sign up fee. Same points scale as QF Ultimate for $150 cheaper
Cons: Same point scale as QF ultimate.
3. American Express Velocity
Pros: $350 joining fee for same card as QF ultimate, 50,000 points sign up bonus, free flight.
Cons: Same point scale as QF Ultimate.
4. ANZ Platinum Amex
Pros: 40,000 point bonus for $295, 1.5 pts per $1 for all spending categories (will be one of the best on market after 22 July for bill paying).
Cons: Expensive annual fee without the bonus in future years.
ANZ I am certain I qualify for bonus. The terms are inconclusive on whether I definitely get the 50,000 for Velocity "Offer only available to new American Express Card members who apply, are approved by 31 July 2013 and spend $500 in the first 3 months of American Express Velocity Card membership. Please allow 6 to 8 weeks after the $500 spend benchmark has been met for the 50,000 Velocity Points to be awarded to the Card member's Velocity Platinum Account. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer.".
I could also be interested in the $99 David Jones Card which gets 11,250 QF points and 2.25 pts per $ for petrol and supermarkets.
How much would Amex police the multiple cards?
I'm checking out the alternative now and am considering signing up for multiple cards to get some good value benefits. Looking at 6 cards including retaining the Ultimate if discounted.
I've just achieved Qantas gold status so I'd prefer QF pts at the moment but not 100% necessary.
1. Chartered Accountants Platinum Edge
Pros: Discount annual fee ($150), Free flight (but only if you join Ascent/QF rewards also available but no flight), $150 David Jones Voucher pays for the first year fee. 3pts for supermarket, 2 for petrol
Cons: No QF points unless you sacrifice flight. The 0.5pts scale.
2. Chartered Accountants Platinum Reserve
Pros: Discount annual fee ($295), Free flight Virgin AND QF reward points, David Jones $250 voucher virtually pays sign up fee. Same points scale as QF Ultimate for $150 cheaper
Cons: Same point scale as QF ultimate.
3. American Express Velocity
Pros: $350 joining fee for same card as QF ultimate, 50,000 points sign up bonus, free flight.
Cons: Same point scale as QF Ultimate.
4. ANZ Platinum Amex
Pros: 40,000 point bonus for $295, 1.5 pts per $1 for all spending categories (will be one of the best on market after 22 July for bill paying).
Cons: Expensive annual fee without the bonus in future years.
ANZ I am certain I qualify for bonus. The terms are inconclusive on whether I definitely get the 50,000 for Velocity "Offer only available to new American Express Card members who apply, are approved by 31 July 2013 and spend $500 in the first 3 months of American Express Velocity Card membership. Please allow 6 to 8 weeks after the $500 spend benchmark has been met for the 50,000 Velocity Points to be awarded to the Card member's Velocity Platinum Account. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer.".
I could also be interested in the $99 David Jones Card which gets 11,250 QF points and 2.25 pts per $ for petrol and supermarkets.
How much would Amex police the multiple cards?