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 (you can click on the image to view a larger version):
Credit card matrix notes:
*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.
Note also that CommBank Awards points transfers to China Eastern are temporarily unavailable as of April 2020.
For more information about transferring Australian credit card reward points, check out the AFF Credit Card Points Transfer Assistant.