Credit cards are one of the easiest ways to earn frequent flyer points in Australia. While some credit cards earn Qantas or Velocity points directly, other cards allow you to earn points with the bank’s own credit card rewards program. You can then transfer these points onwards to an airline frequent flyer program as required.

There are some advantages to earning flexible credit card rewards points. For example, you won’t be locked in to using one specific frequent flyer program – which may or may not be the best option for a given award flight redemption. There is also less risk of your points expiring unused.

Each Australian credit card rewards program has its own airline transfer partners, and the rate at which you can convert your points also varies. So, for easy comparisons, we created a matrix that shows you exactly which airlines partner with each Australian credit card provider and the rate at which you can transfer points!

Keep in mind that the below chart only shows you the conversion ratio from the bank’s own loyalty program to the target frequent flyer program. It doesn’t take into account the number of points you’ll earn per dollar spent with any of the bank’s credit cards.

Note that some banks offer the option to either opt-in to earn Qantas Frequent Flyer points or points with the bank’s own rewards program – but not both. In general, you cannot transfer points from a credit card loyalty program to Qantas Frequent Flyer. The only exception in Australia is if you have an American Express Platinum or Centurion charge card that earns Membership Rewards Ascent Premium points.

Without any further ado, here’s our Australian credit card points transfer matrix. It was last updated in June 2021. You can click on the image to view a larger version:

AFF Credit Card Points Transfer Matrix
Australian Frequent Flyer’s Credit Card Points Transfer Matrix as of June 2021 (click on image to view a larger version).
Credit card matrix footnotes
  • *Only Amex Membership Rewards Ascent Premium points can be transferred to Qantas Frequent Flyer; and Amex Membership Rewards Gateway points cannot be transferred to Virgin Atlantic Flying Club.
  • **Points earned with a CommBank Awards credit card (the lowest level of Commbank Awards card) can be transferred to Velocity Frequent Flyer at a 2.5:1 rate. Please also note that CommBank Awards may change its other points transfer partners and/or conversion rates at any time.

For more information about transferring Australian credit card reward points, check out the AFF Credit Card Points Transfer Assistant tool.


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Matt Graham
The editor of Australian Frequent Flyer, Matt's passion for travel has taken him to over 60 countries… with the help of frequent flyer points, of course!
Matt's favourite destinations (so far) are Germany, Brazil, New Zealand & Kazakhstan. His interests include economics, aviation & foreign languages, and he has a soft spot for good food and red wine.

You can contact Matt at [email protected]


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The one thing I find interesting is the lack of options for earning US airline miles. I’ve never quite understood why that is.


Agreed, I’d love to be able to earn AS or AA miles.


Pretty sure NAB to velocity Australia is 2:1 not 1:1?


Great work, couple of things though, Woolies rewards could maybe be included (QF only, but that’s no different to Flybuys).

I also think it’d be worthwhile to include Marriott Bonvoy as a column for transfers out to airline programmes. I know it’s not a credit card reward prog., but it’s a flexible currency and valuable for accessing a huge range of FF schemes at an acceptable rate (although I suppose you could keep going if you include hotel programmes too, IHG, Hilton, Accor, Radisson, etc. all allow airline transfers).


“Amex Membership Ascent Rewards Gateway points cannot be transferred to Virgin Atlantic Flying Club” – Ascent can, Gateway can’t.