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Qantas Credit Cards - Best Qantas Credit Cards To Earn Frequent Flyer Points For Flights 2020

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Immanuel Debeer | 28/10/2020

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What’s the best Qantas credit card for frequent flyer points? It’s a question we get asked often at Flight Hacks. The answer isn’t conclusive, and it depends on a variety of factors. The best credit card for Qantas points in our book is usually the Qantas credit card that comes with the biggest sign-up bonus.

The Qantas Frequent Flyer program is the biggest Qantas airline loyalty program in Australia; this means earning and using Qantas Frequent Flyer points is incredibly easy and rewarding; if you know how!

In this post, we’ll walk through the most important things to consider when earning points via your Qantas Frequent Flyer credit card and how to maximise your points potential! We will also offer a comparison of the credit cards to consider if you fly Qantas.

Find all our rewards credit card deals here.

Best Qantas Points Credit Card?

The best Qantas credit card is the one that offers the most frequent flyer rewards points at sign up. This is true for the simple fact that most people would need to spend a substantial amount of money to earn the Qantas points you could otherwise get from a single sign up offer on a Qantas credit card in Australia.
The best Qantas credit cards in the market right now come with huge rewards bonuses between 25,000 and 120,000 points. If you were to earn the same amount of Qantas Points from everyday spending on your Card, it would take a long time to reach your travel goals.

Qantas Credit CardQantas Points BonusEarn RateAnnual FeeBonus Feature
Qantas American Express Ultimate Card55,000Up to 2.25 points per $$450$450 travel credit
ANZ Frequent Flyer Black CardUp to 130,000Up to 1 point per $$425$150 back to your card
NAB Qantas Rewards Signature Visa CardUp to 130,000Up to 1 point per $$395$100 annual fee discount first year
ANZ Frequent Flyer Platinum Card75,000Up to 0.75 points per $$295$195 back to your card
Qantas Premier Platinum CardUp to 80,000Up to 1.5 points per $$299$199 annual fee for the first year

 

What Are The Best Credit cards to help you earn Qantas points?

Here are our top 3 best Qantas frequent flyer credit cards for earning Qantas Points in 2020. The premium Qantas cards usually have a higher sign-up bonus and earn more frequent flyer points per dollar, but there are also some entry-level Qantas credit cards for those just getting started in the rewards points game.

NAB Qantas Credit Card – Rewards Signature Visa

best qantas credit cards

NAB is offering a fantastic Qantas credit card with up to 130,000 bonus frequent flyer rewards points. You can get the 130,000 bonus points when you keep your card open for over 12 months. Minimum $3,000 spend in first 60 days. In addition, the Qantas card now has a reduced annual fee for the first year, which saves you $100.

NAB Qantas Credit Card Benefits:

  • 130,000 Bonus Points and 75 Qantas Status Credits on a new NAB Qantas Rewards Signature Card when you keep your card open for over 12 months. Minimum $3,000 spend in first 60 days.
  • Reduced annual card fee of $295 for the first year ($395 each year after that).
  • Earn rate of up to 1 Qantas points per $1 spent (up to $5,000 per month) after which it reverts to 0.5 Qantas points per dollar spent (up to $20,000 per month).
  • Seven complimentary insurances: Overseas Travel insurance, Transport Accident Insurance, Interstate Flight Inconvenience Insurance, Domestic Hotel Burglary Insurance, Purchase Protection insurance, Extended Warranty insurance and Price Protection insurance. Read the PDS to see if these will cover your needs and to see details about eligibility and T&Cs.
  • 0% p.a. on balance transfer for up to 6 months (2% balance transfer fee at the end of the balance transfer period, the balance transfer reverts to cash advance rate).

Apply for the NAB Qantas Credit Card here.

ANZ Qantas Credit Card – Frequent Flyer Black Visa

best credit card for qantas points

Right now, ANZ is offering a large sign-up bonus of 120,000   on their top tier black Visa card + $200 back to your card and two Qantas lounge passes on the table when you are approved and meet the minimum spend and terms and conditions.

ANZ Qantas Credit Card Benefits:

  • 120,000 Qantas Frequent Flyer Points + $200 back to your card
  • 2 Qantas Club lounge access passes each year you hold the card
  • Discounted Qantas Club membership for the first year
  • Unlimited international lounge access through Véloce World
  • Complimentary Qantas Frequent Flyer membership, saving you $99.50
  • 24/7 Concierge service to assist with bookings and reservations
  • Earn 1 Qantas Frequent Flyer Point per $1 spent on eligible purchases, capped at $7,500 after which the earn rate reduces to 0.5 Qantas Points per $1 spent
  • Enjoy 2 complimentary Qantas Club or International lounge invitations.

Qantas American Express Ultimate Card

Receive 55,000 bonus Qantas Frequent Flyer Points when you apply online for the card, are approved, and meet the minimum spend criteria of $3,000 on your new Qantas Card in the first 3 months. Available to new Card Members only. Earn 1.25 Qantas Frequent Flyer Points for every $1 spent on Card purchases, except those spent at government bodies in Australia where you will earn 0.5 Qantas Points per $1 spent.

  • Enjoy 2 complimentary Qantas lounge invitations.
  • Receive 55,000 bonus QantasFrequent Flyer Points when you apply online, are approved and spend $3,000 on your new Card within the first 3 months. New Card Members only, as well as Bank-issued American Express companion cardholders
  • Earn 1.25 Qantas Frequent Flyer Points per $1 spent on eligible purchases.
  • $450 Qantas Travel Credit each year. Use your Qantas Travel Credit for eligible international or domestic Qantas flights when you book and pay online at American Express Travel
  • Enjoy complimentary access up to two entries per year to the American Express Lounge at Sydney and Melbourne International Airports
  • Enjoy two complimentary Qantas Club lounge invitations each year after your first Card spend on selected Qantas products and services
  • Complimentary Qantas Wine Premium Membership
  • 0% p.a. on balance transfers for the first 12 months — A one-off credit plan establishment fee of 1% and T&Cs apply.
  • Complimentary domestic and international travel insurance when you pay for travel using your
    Qantas Credit Card
  • Eligible for use with Android Pay, Apple Pay and Samsung Pay

With the Qantas American Express Ultimate Card, there is no cap on the amount of Qantas Frequent Flyer Points you can earn, while having them automatically transferred to your Qantas Frequent Flyer account each month.

Apply for the Amex Ultimate credit card here

ANZ Frequent Flyer Platinum

qantas credit cards

This entry-level Qantas credit card offers a nice sign-up bonus of 75,000 frequent flyer rewards points when you apply online and spend $2,500 within the first 3 months after card activation.

The ANZ Frequent Flyer Platinum card will also earn you 0.75 Qantas Points per dollar spent up to $3000 per month and 0.5 Points per dollar after that (uncapped).

As an introductory offer, ANZ is giving a $195 back onto your card when you meet the minimum spend requirements; this helps to offset the annual fee cost from $295 to $100.

ANZ Qantas Platinum Credit Card Benefits:

• 75,000 bonus Qantas Frequent Flyer Points when you spend $2,000 within the first 3 months after card activation.
• $150 back onto your card when you meet the minimum spend requirements
Range of insurance products including travel insurance and purchase protection

Apply for the ANZ Qantas Platinum credit card here

Qantas Premier Platinum

The Qantas Premier Platinum Mastercard is one of the best points-earning cards on the market and with good reason. Right now you can get up to 100,000 bonus Qantas Points + 75 Qantas Status Credits, and in the first year you also get a discounted annual fee of $199. This offer is available to new cardholders who apply online.

Qantas premier

  • Earn Rate On Qantas Products In Australia: 2 Qantas Points per $1 spent
  • Earn Rate For Domestic spend: 1 Qantas Point per whole AU$1 (up to and including AU$10,000 per statement period)
  • Domestic spends (10k+): 0.5 Qantas Points per whole AU$1 (over AU$10,000 per statement period)
  • Earn Rate For International spend: 1.5 Qantas Points per whole AU$1 equivalent

Apply for the Qantas Premier credit card here

Best Qantas Frequent Flyer Credit Card For Business

When it comes to chasing the best business credit card that earns a stack of

Qantas frequent flyer points

, the best Card on the market right now in terms of value for money is the Amex Qantas Business Rewards card. This Card earns points at an uncapped rate, has no pre-set spending limit since it’s a charge card and offers a massive sign-up bonus of 150,000 Qantas Frequent Flyer points.

Second, in line is the Amex Business Platinum card, this metal card is a premium offering and comes with a substantial annual fee. In exchange, however, you will earn the most valuable flexible reward points in Australia which are Membership Rewards, these can be transferred to a myriad of airline programs including Qantas frequent flyer. Before transferring your points to Qantas, make sure to look out for Qantas transfer bonuses which happen a few times throughout the year.

For Visa and Mastercard, there aren’t any compelling business credit cards in the Australian market; most will have points caps in place and earn less compared to personal credit cards.

What To Know Before Getting A Qantas Credit Card?

  • Eligibility: make sure you’re actually eligible for the offer you want to get. Factors such as income requirements and whether or not you already had the same product in the past are important factors.
  • Minimum spending requirement: in order to get the bonus points on a deal, usually there’s a minimum spend requirement attached which needs to be completed in a set amount of time. Make sure your lifestyle and finances allow for this or read our post on how to meet minimum spend (without actually spending) here.
  • Check your credit score: we’ve done a full post on how credit scores work here so make sure to check that out! In short, make sure you have a good credit score before applying for a deal.

How To Earn points when you get your Qantas frequent flyer credit card?

When you’re approved for a it’s essential to use it for every dollar you would otherwise spend in cash. This helps earn points on each dollar spend and will also help you reach the minimum spend requirements.

  • Charge everything to your Card: instead of using a debit card or cash, charge every single dollar to your Card: groceries, phone bills, online shopping, dining out, travel etc. By doing so, you will also make it easier to manage your budget in one place instead of mixing it around between cash and credit. This way, you can easily track how much you owe at the end of the month.
  • Earn bonus points: make sure you use the Qantas Mall or cashback sites such as Cashrewards to double-dip when it comes to earning points.
  • Look out for deals: from time to time there will be deals which can see you boost your points even further! Make sure you subscribe to our email, so you know when these launches.

How To Choose The Best Qantas Credit Card

When it comes to finding the best deal on credit cards, there are a few things you should keep in mind before applying.

Qantas credit cards

1) Credit card sign up bonus

Getting a with a massive sign up bonus is by far the easiest way to boost your points balance fast. This is a popular strategy among Australians who cycle through a few sign up offers each year to earn enough points for that dream holiday. By using this method, it’s incredibly easy to collect in excess of half a million points or more each year. That’s generally enough for a first-class return flight to Europe, the US or Asia.

2) Earn Rate

Slow and steady wins the race! By optimising your everyday expenditures and choosing the best Card to do so, you can collect Qantas points in addition to the sign-up bonuses. While it seems insignificant at first, over the long term, every frequent flyer point counts, so make sure you don’t use a card that earns the maximum amount of Qantas points per dollar.

The earn rate of a credit card relates to how many points you can get on every dollar you spend across a variety of categories. Some Qantas credit cards offer bonus points on supermarkets and petrol stations while others have a fixed or tiered earn rate.

Once you understand how to earn rates work, you can select the right Card depending on the purchase you’re making.

3) Annual Fee

Frequent flyer credit cards with a good sign up bonus and ongoing earn rate all come with an annual fee. Sometimes there are discounts to waivers, but in general, you should expect to pay something for the perks.

We don’t see this as an issue, as long as the rewards outweigh the fee by a large margin, you’re good to go. When valuing your credit card annual fee, make sure you take into account any perks it might come with such as travel insurance, lounge passes, travel credits and the actual earn rate. Add this up and see if your car offers more value than what it costs to keep it.

4) Don’t be loyal

We often see people who have held onto a single card for many years without shopping around for other deals. The reality is that banks are willing to compete for your business, it really pays to shop around and at least switch up your cards once a year. This way you can take advantage of bonus offers again when your waiting period ends (you can usually sign up for a bonus offer again after having your account closed for 12 months).

5) Income requirements

Usually, the best car deals are reserved for high-income earners. However, that doesn’t mean you should miss out. There are plenty of offers available when it comes to entry-level cards; you might just need to lower your expectations on the number of bonus points you can earn and usually, the earn rate per dollar will be lower as well.

6) Interest rates are irrelevant

It comes without saying that frequent flyer credit cards should be used as a tool to get you travelling for less. All Qantas credit cards come with an incredibly high-interest rate; however, this is entirely irrelevant. Why? Because interest is only payable on outstanding balances. If you use your Card as a tool to pay for goods (for which you would otherwise pay cash) throughout the month, you get the benefit of earning points, and when your bill is due, you will pay no fees if you settle it in full. If you are not financially savvy, collecting frequent flyer points will not get you anywhere. Paying interest on a card will quickly outweigh any benefits you have so learn how to budget and manage your finances before getting a Qantas frequent flyer credit card!

7) Points Caps

When comparing frequent flyer credit cards for Qantas, it is essential to keep in consideration the points cap imposed by a lot of banks. A points cap is a threshold of monthly spend you can do before your earn rate reduces. Most of the big banks have points caps imposed, whereas American Express is one of the few who do not impose points caps or earn limits on their Qantas frequent flyer credit cards. This can potentially impact the overall value your Card can provide you, especially if you are spending a lot of money each month.

When do Qantas points expire?

Qantas frequent flyer points never expire as long as you have account activity at least once in 18 months. What exactly is account activity? Earning Qantas points counts as activity, so if you earn 1 single point in 18 months, that would be sufficient to prevent Qantas frequent flyer points expiry. Having a Qantas credit card is a sure way to prevent your points from expiring, even if you hardly fly! If you don’t have a Qantas frequent flyer credit card, you can still earn points from the free Qantas Money Debit card and from the hundreds of Qantas partners who allow you to earn points without flying or owning a credit card. If you live in Australia, it is tough to let your Qantas Frequent Flyer points expire!

The only thing that doesn’t count towards activity and will result in your Qantas frequent flyer points expiring is family transfers. Qantas family transfers do not count as activity!

What’s The Best Way To Use Qantas Points?

The best way to use your Qantas frequent flyer points is no doubt on classic flight redemptions. You will get the maximum amount of value when you book classic flight rewards in business or first class because generally speaking, these tickets would be costly when paid for in cash.

For inspiration, make sure you check out our flight reviews and Qantas frequent flyer points guides to learn more about different redemption options and how to use Qantas points!

How to get Qantas status credits without flying?

Qantas frequent flyer points earned from credit cards, shopping, and you guessed it: flying; do not count towards your Qantas status. To earn status points, you generally need to fly! However, there are a few ways you can get Qantas status credits without flying.

3 Tips To Getting Qantas Points Without Flying
  • Apply for an ANZ frequent flyer black credit card, this will come with 75 Qantas status credits.
  • Book hotels stays via Qantas Hotels to earn up to 125 status points
  • Apply for the Qantas Premier Platinum credit card to accumulate 75 status credits

How much are Qantas points worth?

In order to value your points, there’s a simple formula we use at Flight Hacks to figure out how much Qantas points are worth. We take the value of a business or first-class ticket to the destination we want to fly; we then decide how much cash we would be comfortable to pay for this ticket. Once you have that number, subtract the amount you would need to pay in taxes and divide the final number by the number of frequent flyer points you need for a classic flight reward; congrats, you now know how much you are willing to pay for the Qantas points which means you know how much they are worth.

With that in mind, consider that how much you are willing to pay to acquire a Qantas point is not the same as the actual Qantas frequent flyer point value you can get! As a general rule of thumb, we are happy to pay up to 1 cent per points, and we aim to redeem it at at least 3c (ideally more) when booking flights.

Summing up – how to choose the best Qantas points credit card?

When it comes to making your final decision on which Card to choose, it will all come down to your personal circumstances. Not all Qantas credit cards are accessible to everyone so as long as there is a good Qantas sign up bonus, you will be well off! Considering that it takes a substantial amount of spending to reach 25,000, 50,000 and even 150,000 Qantas points, any card you get with a bonus will mean you’re closer to your dream flight redemption!

Learn more about Qantas on LinkedIn

Qantas Frequent Flyer Credit Cards
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Immanuel Debeer

Chief points nerd and travel hacker at Flight Hacks

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