Who has the best Rewards?

Discussion in 'Your Questions' started by aden_1, Oct 11, 2004.

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  1. aden_1

    aden_1 Junior Member

    Oct 11, 2004
    23
    0
    Here is my senario!!!

    Spending $500 per month on a credit card.
    Qantas FF membership with 30,000 points.
    Want to utilize bonus offers for bonus points!
    Minimum 1-1 point conversion.

    Whats the best VISA card for me?
     

  2. dajop

    dajop Senior Member

    Jul 1, 2002
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    With $500/month that means $6,000 per year. At a 1-1 earn rate (which is just about the best you can hope for at the moment) you will get 6,000 pts a year. At this rate of earning you will be probably be only interested in using points on economy fares, and given the $$ of surcharges that now apply to award tickets, the best you can hope for is a redemption rate of 2c per point. So you will get $120 worth of points a year.

    Therefore, if you are going to have a credit card anyway - I'd say make sure that the amount you'd pay for a card with rewards attached to it is no more than $120 dearer than one without - that shouldn't be a problem. As for which one to get.... I'm afraid I'll have to defer to others.
     
  3. aden_1

    aden_1 Junior Member

    Oct 11, 2004
    23
    0
    hey mate,
    thanks for a fantastic reply and evalutaion!!

    it just doesnt really weigh up in the end i guess!
     
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