Our Pick Of The Best Qantas Points Credit Cards For Frequent Flyers

The Qantas American Express Ultimate Card is our top ranking credit card for those looking to earn Qantas points and accrue decent points and rewards.

Frequent flyers can earn 2.25 Qantas points on eligible Qantas transactions per $1 spent, and 1.25 Qantas points on every day purchases. Additionally, there is no limit to how many points an individual can earn within a single year.

Along with points earning, cardholders will also receive a $450 travel credit (offsetting the $450 annual fee), access to airport lounges, and complimentary travel insurance.

The Qantas American Express Ultimate Card does have a higher interest rate than usual, at 23.99%, with a lower interest-free period of 44 days. There is no minimum income required in order to be eligible for the card.

The Qantas Premier Platinum Master Card offers 1.5 frequent flyer points per $1 spent on international spend, which is higher than the common 1:1 points earning ratio. Domestically, you can earn 1 point per $1, up to $10,000 per statement period, then 0.5 points per dollar thereafter.

There are a range of travel perks included with the card, such as complimentary domestic and international travel insurance, discounted companion fares, lounge access and more.

Unfortunately, despite the wide range of perks, there is no travel credit offered to offset the high annual fee. Instead, Qantas is offering a discounted annual fee of $349 for the first year, with the offer valid until May 1, 2024.

The Qantas Premier Platinum Master Card has a 19.99% interest rate on purchases, with 55 days’ interest free, and a $6,000 minimum credit limit. To be eligible for the card, you must have a minimum income of $35,000 per annum.

While the NAB Qantas Rewards Signature card has a very impressive bonus points offer of 90,000 when you spend $3,000 within the first 60 days and an additional 30,000 bonus points when you keep your card for over a year, unfortunately the points earning is capped at $20,000 per statement period.

Additionally, the travel perks are slimmer than others on the market, with no travel credit and no lounge access. However, the NAB Qantas Rewards Signature card does give cardholders a free Qantas Frequent Flyer membership, valued at $99.50. It also has a lower annual fee of $295 for the first year, and then $395 for each year after that.

There is complimentary insurance available for card holders, including travel insurance, rental vehicle excess in Australia, purchase protection insurance and extended warranty insurance.

Finally, there is no minimum income required in order to apply for the NAB Qantas Rewards Signature credit card, however there is a very high minimum credit limit of $15,000. It has a 19.99% interest rate with up to 44 days’ interest free.

The ANZ Frequent Flyer Platinum Card offers uncapped points earning potential, however, the points-to-spend ratio is quite low. You can earn 0.75 points for every $1 up to and including $3,000 on everyday items, but then only 0.5 points for every $1 over $3,000.

There are no travel credit or lounge access, but with a lower annual fee than most ($295 per year) these may be perks consumers are willing to give up. Plus, if you’re not already a Qantas Frequent Flyer member, you’ll receive a complimentary membership valued at $99.50 with your card.

Additionally, there are impressive complimentary insurance offerings: both international and domestic travel insurance, rental vehicle excess in Australia, extended warranty insurance, and purchase protection insurance.

The interest rate on the ANZ Frequent Flyer Platinum Card is 20.49% with 55 days’ interest free. No minimum income is required for the card, and the minimum credit limit is $6,000.

With an impressive bonus points offer of 100,000 on sign-up, the ANZ Frequent Flyer Black Credit Card easily made our list. New cardholders also receive $250 back when spending $5,000 in the first three months, plus an additional 30,000 bonus Qantas points if the card is kept for over 12 months.

However, it does have a high annual fee of $425 with no discounts available, and cardholders can only earn 1 Qantas point per $1 up to and including $7,500 each statement period. After this limit, cardholders will only earn 0.5 Qantas points.

ANZ offers cardholders a complimentary Qantas Frequent Flyer membership if you are not already a member (valued at $99.50), plus there is complimentary lounge access and both domestic and international travel insurance. Unfortunately, there is no travel credit available with the card.

The ANZ Frequent Flyer Black Credit Card has an interest rate of 20.49% and 55 days’ interest free. While there is no minimum income required to be eligible for the card, there is a very high minimum credit limit of $15,000.

Westpac’s top offering for a Qantas points credit card according to Forbes Advisor Australia is its Westpac Altitude Qantas Black, which costs $295 a year plus an additional $75 for the Altitude Qantas Rewards Program annually (totalling an annual fee of $370).

Cardholders can earn 0.75 Qantas points per $1 spent, up to a limit of $250,000 per year. After this limit is reached, no points will be earned.

While the Westpac Altitude Qantas Black does not offer its cardholders a travel credit, you will receive two complimentary Qantas Club airport lounge passes each year. International travel insurance is also complimentary for up to six months of travel.

In terms of interest, the rate is 19.99% with a 45-day interest-free period. The minimum income requirement is quite high, at $75,000, as is the minimum credit limit of $15,000.

The Qantas American Express Premium card costs a lower-than-average $249 per year, and offers cardholders 20,000 bonus points when $3,000 is spent on eligible purchases within the first three months of owning the card. There is also uncapped earning potential, meaning cardholders can earn as many points as they wish.

While there is no travel credit offered, Qantas American Express Premium cardholders can receive two complimentary Qantas Club Lounge invitations each year following their first card spend on selected Qantas products and services in Australia.

Additionally, cardholders receive complimentary domestic and international travel insurance, as well as a range of other insurances: card purchase cover, card refund cover, fraud protection guarantee, and emergency card replacement.

The interest rate of the Qantas American Express Premium is 23.99% with 44 days’ interest-free. There is no minimum income required to be eligible for the card, and only a $2,000 minimum credit limit.

A more bare-bones Qantas Points credit card than the others, the Qantas American Express Discovery Card does not offer any bonus points upon signing up or keeping your card for over 12 months as many others do. Instead, the card has no annual fee, making it a cost-efficient way for budget travellers to earn points.

The points-earning ratio is 0.75 Qantas points per $1 spent, with an additional 1 Qantas point per $1 spend on selected Qantas products and services. There is also uncapped earning potential, meaning cardholders can earn as many points as they like during a statement period.

As it is a no-frills card, there are also very few extras: there’s no travel credit, no complimentary travel insurance and no lounge access.

The Qantas American Express Discovery Card has no minimum income requirement, and a low minimum credit limit of only $2,000. The interest rate is 23.99% and the interest free period is 44 days.

The NAB Qantas Rewards Premium has a generous introductory bonus points offer, gifting cardholders 60,000 bonus points when they spend $2,000 within the first 60 days of opening their account. Plus, if you keep your card for over 12 months, you’ll receive an additional 10,000 bonus points.

In terms of points-to-spend ratio, cardholders can earn 1 Qantas point per $1.50 up to $3,000 per statement period, and 1 Qantas point per $3 spent from $3,001 to $6,000. The NAB Qantas Reward Premium card is capped at $6,000 per statement period.

While there is no complimentary travel credit or lounge access offered, there is a range of insurances: domestic travel insurance, domestic travel insurance, rental vehicle excess in Australia, purchase protection insurance and extended warranty insurance. Additionally, cardholders receive a free frequent flyer membership valued at $99.50.

The interest rate on the NAB Qantas Rewards Premium card is 19.99% with a 44-day interest-free period. There is no minimum income required to be eligible for the card, and the minimum credit limit is $,6000.