If you’re looking for a new credit card, sign-up bonus point offers can be an easy way to earn a significant amount of frequent flyer points towards a future trip!
This month, American Express is back with a range of new, improved credit card sign-up offers. This includes on the Amex Velocity Platinum card, which now comes with 75 Velocity status credits in addition to 100,000 Velocity points and $100 cash back. This card also comes with a free annual return Virgin Australia domestic flight and lounge passes, offseting the $375 annual fee.
In November 2020, ANZ has lowered the sign-up bonus on its top-tier Frequent Flyer Black credit card from 130,000 to 120,000 Qantas points, and removed the 75 bonus status credits previously offered with that card. But the Qantas Premier Platinum offer of 100,000 bonus Qantas points + 75 status credits is still there.
We’ve also included the Amex Explorer card in our list this month becuase this is one of the rare opportunities to earn a large sign-up bonus worth of points that can be transferred to a diverse range of frequent flyer programs. The new Amex Explorer offer comes with up to 150,000 Amex Membership Rewards Gateway bonus points. These points can be transferred at a 2:1 conversion rate to 8 airlines and 2 hotel loyalty programs including Singapore Airlines KrisFlyer, Emirates Skywards, Etihad Guest and Hilton Honors. This card also comes with a $400 annual travel credit, offsetting the $395 annual fee.
Without further ado, here are our picks for the top 5 Australian credit card sign-up deals available in November 2020…
Note: If you’re viewing this article on a smartphone, the tables below may look better if you rotate your device horizontally.
|Card||Bonus Points||Annual fee||Offer expiry||Minimum spend to earn bonus points|
|1. Qantas Premier Platinum||100,000 Qantas points + 75 status credits||$299
($199 in first year)
Spend $4,000 within the first 3 months to earn 100,000 Qantas points. Make any eligible purchase for 75 status credits.
|2. Amex Velocity Platinum||100,000 Velocity points + 75 status credits||$375
($275 in first year)
Spend $3,000 within 3 months.
|3. NAB Qantas Rewards Signature||130,000 Qantas points||$395
($295 in first year)
Spend $3,000 within 60 days to earn 100,000 Qantas points. Renew to earn 30,000 points in the second year.
|4. ANZ Frequent Flyer Black||120,000 Qantas points||$425
($225 in first year)
Spend $3,000 within 3 months.
|5. Amex Explorer||150,000 Amex Membership Rewards Gateway Points||$395||27/01/21||
Spend $3,000 within 3 months to earn 120,000 Amex points. Renew to earn 30,000 more points in the second year.
Those are our picks of the best Qantas credit card sign-up offers for November 2020.
Don’t forget that up to 125,000 Qantas Frequent Flyer points earned from any Qantas credit card sign-up offer will also count towards Points Club membership. You’d need to earn 150,000 Qantas points during your membership year to reach Points Club status, or 350,000 Qantas points for Points Club Plus membership, with no more than 20,000 of those points coming from flights. Qantas Points Club benefits include complimentary Qantas Club passes or membership and the possibility to earn status credits for Qantas-marketed Classic Flight Reward bookings.
Beware that most banks have credit card exclusion periods whereby bonus points are not awarded to customers that have previously held a card with that bank in the past 12-18 months.
Most current credit card sign-up deals are discussed in the Card Promotions threads on the Australian Frequent Flyer forum.
Note: This article is not financial advice. Seek professional advice before applying for credit cards, or any kind of credit for that matter.