Point Hacks Credit Card Guide

The highest Qantas Point-earning credit cards… options for American Express earning more than 1 point per $, Visa/MasterCard at least 1 point per $

Qantas Frequent Flyer is the most popular frequent flyer program in Australia, with Qantas Points in high demand from it’s millions of members.

Earning Qantas Points from credit card spend is one of the key ways that many Qantas Frequent Flyer members earn their points – if you happen to put a lot of your day to spend on any of American Express, Visa or MasterCard, there are some high points earning options out there.

We thought we’d round up some of the highest Qantas Point earning cards on the market, with American Express options earning more than 1 Qantas Point per $, and the Visa / MasterCard options earning at into an overview table so you can assess the cards that are out there, versus those you may have in your wallet. We also include some of the current sign up bonuses for new card applicants.

Note that 2017 will likely prove to be a changeable time in the Australian credit card market, with a number of changes from the Reserve Bank continuing to make themselves felt to consumers and business alike. It is likely we will see changes to card benefits, points earn rates, and annual fees. We will do our best to keep this guide up to date.

The highest earning Qantas Point credit cards

Card / Offer LinkAmerican Express
Qantas points earned / $ spent
Visa / MasterCard
Qantas points earned / $ spent
Points CapAnnual Fee ($)Our Guide
Westpac Altitude Black ↓1.5 points
2.5 points with Qantas
0.625 point domestic
1.5 points overseas
uncapped395
ANZ Frequent Flyer Black ↓1.5 points
2.5 points at Qantas
0.75 point domestic
1.75 points at Qantas
uncapped425
Westpac Altitude Business Platinum1.5 points0.5 domestic
1 points overseas
uncapped295
Diners Club Frequent Flyer + World MasterCard1.5 points1 point$60,000260n/a
NAB Qantas Rewards Premium1.5 points0.5 point$25,000 per month 250
Commonwealth Bank Business Awards Platinum1.2 points0.5 point50,000 points per month300n/a
Commonwealth Bank Diamond Awards1.2 points0.5 point1,000,000 p.a.349
American Express Platinum Charge1 point general spend except utilities and ATO
3 points at selected restaurants
2 points on travel & overseas spend
300,000 p.a.1,200
American Express Qantas Ultimate1 point general spend except utilities and ATO
3 points at most restaurants in Australia and with Qantas
2 points on travel & overseas spend
uncapped450
American Express Platinum Business Charge1 point general spend
2 points on selected business and advertising expenses
2 points at most restaurants in Australia
2 points on travel and overseas spend
375,000 p.a.1,500
American Express Qantas Premium1 point general spend
2 points at supermarket and petrol stations
uncapped249
Macquarie Visa Platinum ↓1 point
0.5 point after cap
$2,500 per month200
Qudos Bank Visa Platinum1 point$2,500 per month and $200,000 per year249
Bank Australia Qantas Platinum Rewards Visa1 pointuncapped189n/a
BoQ Specialist Signature Visa1 point domestic
2 points overseas
400n/a
G&C Mutual Bank Qantas Platinum Visa1 point
2 points with Qantas
uncapped249n/a
Jetstar Platinum MasterCard1 point1 point per $ spent up to $2,500 spent per statement period
0.5 Qantas Points per $ spent after, up to 100,000 points p.a.
169
Woolworths Money Qantas Platinum Card1 point2,500 points per month169n/a
Citi Prestige Visa ↓1 pointuncapped700+(49)
Citi Signature Visa ↓1 point3,000 points per month444
HSBC Platinum Qantas Visa ↓1 point$2,500 per month199
Macquarie Visa Black ↓1 point
0.5 point after cap
$4,000 per month299

How to analyse this list

For all the cards and offers listed on this page we are looking at two things – ‘direct earn’ credit cards, where you can only earn Qantas Points with that card – and also ‘effective earn rates’ of cards which allow points in the parent bank / credit card rewards program to be transferred to Qantas Frequent Flyer. The effective earn rate adds a way to compare the specific points earn rates for each card across various credit card rewards programs that offer different headline earn rates and transfer rates to frequent flyer programs, alongside the direct earn cards.

Each card has many other benefits too, along with other transfer partners, annual fees and terms and conditions – so be sure to check out the full guide to each card.

There’s also the signup bonus of a card to consider. A large signup bonus may help to offset a lower earn rate on a card, so bear that in mind. It depends how much spend you put through your credit card each month, and how long you keep the card for.

Each card offer, with bonus, fee and other offer information on this page will be up to date at the date of publication, however please note that we update offers over time.

Transferring to Qantas Points from credit card and other rewards programs

Qantas Frequent Flyer made the strategic decision several years ago to work primarily with their bank partners to offer ‘direct earn cards’ only. This allows them to have more control over their members – most members and cardholders can’t choose to transfer their points to other partners or Qantas – if you want to earn Qantas Points, you pretty much have to have a direct earn card.

There are only a couple of exceptions to this, which we cover in more detail this guide to cards that offer transfers of Qantas Points – and in addition, those cards also get offered transfer bonus promotions which increase the effective earn rates of those cards.

The exceptions are:


Some current offers for Qantas Frequent Flyer earning Credit Cards



Westpac Altitude Black Amex & MasterCard - 100,000 Qantas or Altitude Rewards Points

Westpac's top-end Altitude Black card has a huge 100,000 bonus Qantas or Altitude points on offer plus a heap of ongoing card benefits, including Qantas or Priority Pass lounge invites and Starwood Preferred Guest Gold status.

  • 100,000 Qantas Points or Altitude Rewards points
  • 1.5 Qantas Points or 3 Altitude Points for every $1 spent on the American Express
  • 0.625 Qantas Points or 1.25 Altitude Points for every $1 spent on the MasterCard, plus 1.5 Qantas Points or 3 Altitude Points for every $1 spent overseas on the MasterCard
  • 2 x Qantas Club or Priority Pass invitations per cardholder year
  • Access to World MasterCard benefits, including Starwood Preferred Guest Gold status after one paid stay
  • Overseas Travel Insurance, Purchase Protection etc. (PDS)
  • $395 annual fee
  • $5,000 minimum spend in 90 days required to earn bonus
  • Bonus points offer not available with switches, upgrades, customers accessing employee benefits or packages.
  • Offer ends: 28th February 2017

Find out more or apply →

Point Hacks earn up to $300 per applicant for this card. More about this →

The Westpac Altitude Black and Altitude Business Platinum cards earns 1.5 Qantas points per dollar on the American Express and 0.625 Qantas points per $ on the linked MasterCard, while the Altitude Business Platinum will earn 0.5 Qantas point.



ANZ Frequent Flyer Black credit cards - 75,000 Qantas Points

The ANZ Frequent Flyer Black card has 75,000 bonus Qantas Points with no annual fee in the first year ($425 ongoing). Spend $2,500 on eligible purchases within 3 months.
Eligibility criteria, T&Cs, fees and charges apply.

  • 75,000 bonus Qantas Points after $2,500 minimum spend in the first 3 months after approval
  • ANZ’s highest Qantas Points earning potential on everyday eligible purchases – uncapped
  • Two Qantas Club lounge access passes per year and discounted first-year Qantas Club membership
  • 1.5 Qantas Points earned per $1 eligible spend on the American Express, 0.75 Qantas Point per $1 eligible spend on the Visa
  • Annual Fee: No annual fee in the first year, usually $425 p.a.
  • $2,500 minimum spend in the first 3 months required to earn bonus points

Find out more or apply →

Point Hacks earn up to $150 per applicant for this card. More about this →

ANZ Frequent Flyer Black earns 1.5 Qantas points per dollar on the American Express and 0.75 Qantas points per $ on the linked Visa, with an additional Qantas Point per $ spent with Qantas.



HSBC Platinum Qantas Credit Card - 60,000 Qantas Points

HSBC has a 60,000 Qantas Point bonus with the HSBC Platinum Qantas Credit Card along with included travel and purchase insurances. There's a $199 annual fee and 1 Qantas Point earned per $ spent, up to 2,500 points per month.

  • 60,000 bonus Qantas Points after spending $3,000 within 3 months
  • 1 Qantas Point earned up to $2,500 per statement period, 0.5 Qantas Points earned per $ thereafter
  • Insurance package including Extended Warranty, Purchase Protection, & International Travel Insurance (PDS)
  • $199 annual fee
  • $3,000 minimum spend in 3 months after approval required to earn bonus points
  • Offer ends: 30th June 2017

Find out more or apply →

Point Hacks earn a maximum of $120 per applicant for this card. More about this →

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The HSBC Platinum Qantas Visa earns 1 Qantas point per dollar on all spend up to $2,500 per month.



Macquarie Visa Black - 40,000 Qantas Points

Macquarie have a 40,000 Qantas Points bonus on offer with their Macquarie Visa Black. Choose to earn between Macquarie Rewards Points and Qantas Points and comes with complimentary insurances and extra travel benefits.

  • 40,000 bonus Qantas points
  • 2 Macquarie Reward Points per $1 spend, 1 Qantas Point per $1 spend up to $4,000 per statement period, and 0.5 Qantas point per $1 spend thereafter
  • Reduced first year $99 annual fee, usually $299
  • Access to over 750 airport lounges worldwide
  • Complimentary Overseas Travel Insurance, Purchase and extended warranty Insurance (PDS)
  • Complimentary 24 hour concierge services with up to 100% discount per year
  • Spend $3,000 in first two months of ownership to qualify for bonus points

Find out more or apply →

Point Hacks do not earn commissions on this card. More about this →

The Macquarie Visa Black and Platinum both earns 1 Qantas point per dollar spend with the Platinum capped at $2,500 and the Black at $4,000 per month. Earn rate drops down to 0.5 Qantas point thereafter.



Citi Prestige Visa - 70,000 Citi Rewards points (35,000 KrisFlyer / Velocity points if transferred)

70,000 Citi Rewards Points are on offer with the Citi Prestige Visa when signing up and linking to Citi Rewards - you can transfer these points to Virgin, Krisflyer or Asia Miles.

  • 70,000 Citi Rewards points after first eligible transaction
  • Ability to transfer points to Velocity, Krisflyer, Asia Miles or other international frequent flyer programs
  • Priority Pass lounge access, Visa Luxury Hotels service, and other premium benefits
  • 2 Citi Rewards points earned per $ or 1 Qantas point per $, 5 Citi Rewards points per $ earned on overseas transactions
  • Points earn equivalent to 1 Velocity points or KrisFlyer miles per $ spent domestically, or 2.5 per $ spent on overseas transactions
  • 0% interest p.a. on balance transfers for 6 months
  • $700 annual fee
  • $150,000 p.a. minimum income requirement
  • Offer expires: April 30th 2017

Find out more or apply →

Point Hacks earn a maximum of $280 per applicant for this card. More about this →

The Citi Prestige Visa earns 1 Qantas point per dollar with no points cap when linked to Qantas Frequent Flyer.



Citi Signature Visa - 75,000 Citi Rewards points (37,500 KrisFlyer / Velocity points if transferred)

75,000 Citi Rewards Points are on offer with the Citi Signature Visa, convertible to 37,500 Singapore Airlines Krisflyer miles or Virgin Australia Velocity points, with an effective earn rate of 0.75 airline points per $ on spend.

  • 75,000 Citibank Rewards points
  • 0% interest p.a. for 6 months on balance transfers
  • Priority Pass lounge access and some other premium card benefits
  • Ability to earn Citi Rewards points where you can transfer points to Velocity & Krisflyer, or swap the card to Qantas Points down the track
  • 1.5 Citi Rewards points per $1 spent - capped to $20,000 per statement period for domestic spend, uncapped for international spend
  • $199 p.a. annual fee first year, $395 ongoing
  • Offer expires: 30 April 2017
  • Spend on everyday purchases within the first 90 days to receive bonus points

Find out more or apply →

Point Hacks earn a maximum of $160 per applicant for this card. More about this →

The Citi Signature Visa earns 1 Qantas point per dollar when linked to Qantas Frequent Flyer capped at 3,000 Qantas points per month on domestic spend and 0.5 point thereafter. Overseas spend is uncapped.

Cards in the table, but not mentioned above

Offers for some of the cards are not mentioned above as they don’t offer a sign up bonus, or we don’t have a guide for them yet.

The focus of this guide is to outline the highest earning Qantas Point credit cards out there – there are many other cards with differing points earn rates and annual fees that are also linked to Qantas Frequent Flyer. Check out the cards table for the list.

Jump back up to offer ↑

Point Hacks Credit Card Information

Point Hacks is published by Newformula Media. Newformula PTY LTD (ACN: 609 361 051) is a credit representative (486568) of Eurofinance Corporation Pty Ltd (Australian Credit License: 393845). In some instances, Newformula PTY LTD receives a commission or benefit for referring you to the services of a credit provider. This commission or benefit is disclosed at the point of referral to the credit provider. This website does not provide credit or advise you to apply for credit assistance from any particular provider.

We have not taken into consideration your circumstances or financial situation when providing the information on this website. It is important you read the relevant PDS from the product issuer and seek the independent advice of an appropriately qualified professional before making a decision on a product.

Comments Expand Comments

  1. Chris

    Are you sure about the Citi Prestige card attracting a higher Qantas Frequent Flyer earn rate for international/cross-border acquired transactions?

    It’s definitely true when opting to earn Citi Rewards points, but the earn rate when sweeping to Qantas is fixed at 1 point / dollar if I’m reading the terms and conditions that came with the card correctly.

      • Chris

        Glad to be of a tiny amount of help!

        It’s slightly upsetting that for all the flexible scheme cards (such as the Citi series) the sign-on bonuses are effectively twice as valuable (if not more so) if you shift them to Qantas as opposed to Velocity, KF and so on.

        Is this disparity something you’ve heard anything about with regard to the issuer’s thinking on the matter?

        • Keith Author

          Yes, it’s annoying eh! I think it’s a question of banks prioritising simpler marketing messages and saving $$ too by setting up and marketing the bonuses as a single figure. I do pass the feedback on but it doesn’t seem to get listened to to the point where any changes are made.

  2. Vik

    The Jetstar Platinum card also has a $2,500 per month cap with 0.5 point earned after the cap (in addition to the 100,000 p.a. points cap).

    I’ve got one of these & was very sad when they brought in the $2500 cap last year.

  3. Courtenay

    I think your Jetstar Platinum details are no longer correct. From their webpage:
    You will earn 1 Qantas Point per $1 spent on eligible purchases for the first $2,500 spent per statement period, then 0.5 Qantas Points per $1 spent for the remainder of that statement period on the Jetstar Platinum MasterCard.
    Qantas Points can be earned up to a maximum of 100,000 points per year on the Jetstar Platinum MasterCard.

  4. With the ANZ black, 2.5 points per $ spent with Qantas (on the Amex), does this only come into effect if purchasing flights? What about Alcohol from Epiqure? Qantas Hotels?

    Where exactly does it specify this on ANZ website? I couldn’t find any mention of 2.5 points per $ spent with Qantas.

  5. And I just found it on the ANZ website….

    “6. Selected Qantas products and services are the following items purchased directly from Qantas: Qantas passenger flights (with a QF flight number) Qantas Frequent Flyer and Qantas Club membership joining and annual fees. Excludes Jetstar, Qantas Holidays, Qantas branded non-airfare products and any Qantas products and services not purchased directly from Qantas.”

  6. Leigh

    Thank you for your article.

    I already have one of the listed cards above. Do you think it is possible to apply for a new credit with a different provider and maintain your existing frequent flyer points and receive the bonus points (assuming you meet the minimum spending requirement)?

    • Keith Author

      Holding a card from one bank never usually disqualifies you from bonus points for a card from another bank – banks actively want you to switch your business to them which is what the bonuses are for, to encourage you to become a customer. You’ll need to meet the ‘new’ bank’s eligibility criteria for their card to be approved, and for the offer of course, but yes, it’s absolutely possible.

    • Keith Author

      This guide is focusing on Visa/MC which earn at 1 point per $ more. There are others which earn less and are still good like Bankwest but we didn’t include them for that reason.

  7. jxv

    The table does not mention that Westpac Altitude Black Qantas cards earn an extra point for Qantas purchases. See T&C @ info.westpac.com.au/creditcards/black/AltitudeBlack/upload/Altitude_Terms_and_Conditions.pdf, page 28, section 5.2
    I haven’t had a chance yet to try this out.

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