Credit card sign-up bonuses are one of the easiest ways to accumulate frequent flyer points quickly and relatively cheaply! Just by applying for a credit card and paying the annual fee, you can earn thousands of frequent flyer points towards your next trip.
If you’re thinking about applying for a new credit card, why not take advantage of these great sign-up deals and top up your frequent flyer points? The end of financial year is just around the corner, and many of the current credit card sign-up offers expire at the end of June.
To help you out, here is a selection of the top Australian credit card sign-up deals for June 2018:
1. Westpac Altitude Black MasterCard & Amex Bundle – 120,000 Qantas points
One of the best credit card sign-up deals for June 2018 is with the Westpac Altitude Black MasterCard and American Express bundle. You can earn 80,000 bonus Qantas (or Altitude) points with a new Westpac Altitude Black credit card. You can also earn an additional 40,000 bonus points by bundling this with the new American Express Westpac Altitude Black card. These cards have annual fees of $250 and $199 respectively. There’s also a $50 fee to opt-in to Qantas rewards, meaning the total fees paid would be $499. To earn the full bonus points, you would need to spend $3,000 on each card within 90 days of approval. These credit cards also come with four annual lounge passes, including two Amex Lounge visits with the Amex Altitude Black card.
If you’d rather not apply for an Amex Westpac card, you can still earn 80,000 points with just the Westpac Altitude Black product. This offer expires on 23 October 2018.
2. Virgin Money Velocity High Flyer – 120,000 Velocity points
There are up to 120,000 bonus Virgin Velocity points available with this sign-up offer. That’s enough for 15 one-way flights between Sydney and Melbourne! But there is a catch – you’d need to spend $3,000 on the card per month for the first 3 months of holding the card to receive the full amount of bonus points. 40,000 Velocity points are awarded for each month that this target is reached in the first 3 months.
With this card you’ll earn 1 Velocity point per dollar, up to $8,000 per month. You’ll also get a $129 Virgin Australia voucher and two annual Virgin lounge passes per year. This sign-up bonus points offer expires on 30 June 2018.
3. St George Amplify Signature – 90,000 Qantas points
For an annual card fee of $279, you can earn 90,000 Qantas points. The St George Amplify Signature card also comes with two annual Qantas Club passes. To receive the points you’ll need to spend $4,000 within 90 days of approval. Bank of Melbourne and BankSA (which, along with St George Bank, are owned by Westpac) are also offering similar sign-up deals at present. There’s also an offer of 90,000 Amplify points when opting in to Amplify Rewards, but these are only worth 45,000 points when transferred to Virgin Velocity, KrisFlyer or Malaysia Airlines Enrich. This offer expires on 26 September 2018.
4. Qantas Premier – 80,000 Qantas points
This card is offering 80,000 Qantas sign-up points and has an annual fee of $299. The Qantas Premier credit card also comes with two annual Qantas Club passes, although you’ll only earn 1 Qantas point per dollar on the first $10,000 spent on the card each month. To earn the full amount of bonus points, you would need to spend $3,500 on the card each month for the first two months.
The Qantas Premier Everyday card is also currently offering 40,000 Qantas sign-up points. This card has a much lower annual fee of $49, which is also being waived in the first year. You would need to spend $2,000 per month for the first two months to earn the bonus points. Both offers expire on 30 June 2018.
5. Westpac Altitude Platinum Visa – 60,000 Qantas points
With this Westpac offer, you can earn 60,000 Qantas points for just $50! The annual card fee of $150 is currently being waived in the first year, but you would need to pay a $50 “Qantas Rewards Fee” if you opt-in to earning Qantas points. If you choose to earn Altitude Rewards points with this card, there are no fees at all in the first year but you’ll only earn 60,000 Altitude points as your sign-up bonus. These are worth only 30,000 Velocity points or 24,000 Singapore Airlines KrisFlyer miles.
You can earn an additional 15,000 bonus points by bundling this card with the Amex Westpac Altitude Platinum card, which also comes with no annual fee in the first year (normally $49). This offer expires on 23 October 2018.
Most current credit card sign-up deals are discussed on the Australian Frequent Flyer forum: Current Credit Card Promotions
Disclaimer: This article is not financial advice. Be sure to seek professional advice before applying for credit cards, or any kind of credit for that matter.