Point Hacks Credit Card Guide

The highest Asia Miles-earning credit cards

Cathay Pacific’s Asia Miles is one of the most useful programs for redemptions in Business and First Class with Cathay Pacific and other oneworld member airlines like Qantas and Japan Airlines.

Asia Miles is a transfer partner of several bank rewards programs in Australia and, as a result, earning Asia Miles from credit card spend is one of the key ways you can get your hands on points. If you happen to put a lot of your day-to-day spend on American Express, Visa or MasterCard, there are some high points earning options out there.

We’ve rounded up some of the highest Asia Miles-earning cards on the market, with American Express options earning more than 1 Asia Mile per $, and the Visa/MasterCard options earning over 0.75 Asia Mile per $.

We’ve included 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 applicants.

Redemptions on domestic Qantas Business Class flights are one of the best uses of Asia Miles

The highest Asia Miles-earning credit cards

Card / OfferAmerican Express
Asia Mile
earned / $ spent
Visa/Mastercard
Asia Mile
earned / $ spent
Points CapAnnual Fee ($)Our Guide
American Express
Business Accelerator
2 mile (1 mile after cap)-100,000 p.a.160
American Express
Explorer ↓
1.5 miles-uncapped395
American Express Business Explorer ↓1.5 miles-uncapped395
Westpac Altitude
Black
1.2 miles on general spend
2 miles on foreign currency spend
0.5 milesuncapped295 for the Mastercard
$199 for the Amex
American Express
Platinum Charge ↓
1 mile on general spend
except utilities and ATO
3 miles at selected restaurants
2 miles on travel & overseas
spend
-300,000 p.a.1,450
American Express
Platinum Edge ↓
1 point on general spend except utilities and ATO
3 points at supermarkets
2 points on fuel
-uncapped195
American Express
Business Platinum
Charge ↓
1 mile on general spend
2 mile on selected business
and advertising expenses,
at most restaurants
in Australia, on travel
and overseas spend
-375,000 p.a.1,750
Diners Club Card + World Mastercard-1 mile on Diners
0.375 on Mastercard
uncapped299n/a
NAB Rewards Signature ↓-0.41 mile on general spend
0.82 mile in department and hardware stores
1.23 miles on overseas spend
uncapped295
Citi Prestige Visa ↓-0.4 mile on general spend
0.8 mile at major petrol
stations, supermarkets
and retailers
1.2 miles at major
restaurants, airlines
and international
spend
uncapped700

How to analyse this list

For all the cards and offers listed on this page we are only touching on the ‘effective earn rate’ – this is when points in the parent bank/credit card rewards program are transferred to Asia Miles, and is 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.

Each card has 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 sign-up bonus of a card to consider. A large sign-up bonus may help to offset a lower earn rate on a card, so bear that in mind. It depends how much spend you put on 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 time of publication, however, please note that offers change over time.

Some current offers for key Asia Miles-earning credit cards


American Express Explorer - 100,000 Membership Rewards Gateway points

American Express 'Explorer' card has 100,000 bonus Membership Rewards Gateway points on offer. Includes $400 travel credit each year, free American Express lounge access plus a range of insurances and high points earn rates on spend.

  • 100,000 Membership Rewards Gateway points, when you spend a minimum of $1,500 on eligible purchases in the first 3 months of approval
  • $400 travel credit every year
  • Up to US$75 credit when you book two consecutive night's stay with The Hotels Collection
  • Point redemption rates will change as of 15 April 2019
  • Free access to the Sydney or Melbourne Airport American Express lounge twice a year
  • 2 Membership Rewards points earned per $1 on all purchases except government bodies where you will earn 0.5 points per $1 spent.
  • Included Insurances - smartphone screen insurance and various travel insurances (PDS)
  • 0% p.a. on balance transfer for the first 12 months - A one-off credit plan establishment fee of 1% applies
  • $395 p.a. annual fee
  • Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for this offer. Previous and existing bank-issued American Express companion cardholders are eligible for this offer
  • Offer expires: 7 January 2019

Find out more or apply →

Point Hacks receive a maximum of $250 per applicant for this card. More about this →

The American Express Explorer earns the equivalent of 1.5 Asia Miles per dollar uncapped, including utilities. Government bodies earn at 0.5 miles per $ spent.



American Express Business Explorer - 100,000 Membership Rewards Gateway points

American Express Business 'Explorer' card has 100,000 bonus Membership Rewards Gateway points on offer. Benefits this card brings include business loyalty bonus each year, free American Express lounge access plus a range of insurances and high points earn rates on spend.

  • 100,000 Membership Rewards Gateway point bonus
  • 50,000 points Business Loyalty Bonus each year
  • Free access to the Sydney or Melbourne Airport American Express lounge twice a year
  • 2 Membership Rewards points earned per $1 on all purchases except government bodies where you will earn 0.5 points per $1 spent.
  • Complimentary travel insurances (PDS)
  • Annual fee: $395 p.a.
  • Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for this offer. Previous and existing bank-issued American Express companion cardholders are eligible for this offer
  • $3,000 minimum spend in 3 months required to earn bonus points
  • $100,000 spend every 12 months from card approval to get the 50,000 points business loyalty bonus
  • Offer ends: 4 February 2019

Find out more or apply →

Point Hacks receive a maximum of $275 per applicant for this card. More about this →

The American Express Business Explorer is very similar to the personal version of the card and earns the equivalent of 1.5 Asia Miles per dollar with no points cap, including utilities. Government bodies earn at 0.5 miles per $ spent.



Westpac Altitude Black - up to 120,000 Qantas or Altitude Rewards Points

Westpac's Altitude Black Mastercard and American Express has up to 120,000 bonus Qantas or Altitude Points on offer for new cardholders. The card offers high points earn rates plus ongoing benefits, including American Express, Qantas or Priority Pass lounge invites.

  • 80,000 Qantas or Altitude Rewards Points with the Mastercard, plus 40,000 Qantas or Altitude Rewards Points with the American Express
  • $0 annual card fee for the first year for the Amex card, $199 each year thereafter
  • Holders of American Express-issued cards also eligible for bonus points from Westpac Altitude Black American Express
  • 2 x lounge passes to Sydney or Melbourne Airport American Express lounge for cardholders of the Westpac Altitude Black American Express
  • 2 Qantas or 5 Altitude Points for every $1 spent overseas, 1.25 Qantas or 3 Altitude Points for every $1 spent locally with the American Express, 0.75 Qantas or 1.25 Altitude Points for every $1 spent with the Mastercard
  • 2 x Qantas Club or Priority Pass invitations per cardholder year
  • Overseas Travel Insurance, Purchase Protection and other insurances(PDS)
  • Annual card fee for the Mastercard: $250 p.a. plus $50 annual Qantas Rewards fee if you choose to earn Qantas Points. Annual card fee for the Amex: $0 for the first year ($199 p.a thereafter)
  • $3,000 minimum spend and charged to the Mastercard within the first 90 days is required to earn 80,000 bonus points. $3,000 minimum spend and charged to the American Express card within the first 90 days required to earn 40,000 bonus points
  • Existing Westpac customers who currently hold an Altitude Platinum Visa Card or Altitude Black Mastercard, or who have held one in the last 12 months, are not eligible for the Mastercard bonus offer
  • Offer ends: 27 November 2018

Find out more or apply →

Point Hacks receive a range of commissions per applicant for this card. More about this →

The American Express Westpac Altitude Black earns the equivalent of 1.2 Asia Miles per dollar on general spend and 2 miles on foreign currency spend with no points cap. The Mastercard account on the other hand, earns the equivalent of 0.5 miles on all spend.



American Express Platinum Charge - Up to 80,000 Membership Rewards points

With 80,000 Membership Rewards points bonus available on sign up, the American Express Platinum Charge Card is a great card for those who want to earn Membership Rewards points on everyday spend with lots of new and enhanced additional benefits. Read the Point Hacks guide for the full rundown.

  • 80,000 Membership Rewards points signup bonus
  • $450 travel credit annually
  • 3 Membership Rewards points earned per $1 spent at restaurants, 2 points earned per $1 on travel spend, and 1 point everywhere else except 0.5 points per $1 for utilities and the ATO
  • Unlimited access to over 1,200 lounge across 130 countries - including Virgin Australia Domestic, Delta, Priority Pass and American Express lounges globally
  • Access to American Express Fine Hotels & Resorts perks & discounts
  • Complimentary status & memberships with a number of hotel loyalty programs including Accor Plus Membership valued at $395 per year
  • Complimentary The Australian Financial Review Premium digital subscription
  • Complimentary Travel Insurance cover extended to additional card members (PDS)
  • $1450 p.a. annual fee
  • Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for this offer. Previous and existing bank-issued American Express companion cardholders are eligible for this offer.
  • Minimum spend of $3,000 in the first 3 months is required to receive bonus Membership Rewards points
  • Charge card, not credit card - balance requires payment in full each month but with no pre-set spending limit - more about this

Find out more or apply →

Point Hacks receive a maximum of $300 per applicant for this card. More about this →

The American Express Platinum Charge Card earns the equivalent of at least 1 Asia Mile per dollar for most transactions, with 3 Miles per $ on restaurant and dining spend, and 2 Miles per $ on travel and overseas spend – those bonuses are available up to 300,000 miles per year.

Utilities & government bodies earn at 0.5 Miles per $ spent.



American Express Platinum Edge - $200 Travel Credit

American Express are offering a $200 travel credit each year for new cardholders of the Platinum Edge. Includes travel insurance, earns 3 points per $ at supermarkets, and 2 points per $ on fuel.

  • $200 travel credit each year which can be used for flight, hotel or rental car bookings with Amex Travel
  • Travel and purchase protection insurances (PDS)
  • 3 Membership Rewards points earned per $ spent at supermarkets, 2 points earned per $ on fuel, and 1 point per $ everywhere else except for utilities and the ATO
  • 0% p.a. on balance transfers for the first 12 months, with a 1% establishment fee - maximum balance transfer is $10,000 or 70% of your approved credit limit, whichever is less
  • Annual fee: $195 p.a.
  • Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited in the preceding 60 day period are ineligible for this offer. Previous and existing bank-issued American Express companion cardholders are eligible for this offer.

Find out more or apply →

Point Hacks receive a maximum of $150 per applicant for this card. More about this →

The American Express Edge earns the equivalent of at least 1 Asia Mile per dollar for most transactions, with 3 miles per $ on supermarket spend, and 2 miles per $ on fuel spend uncapped.

Utilities & government bodies earn at 0.5 miles per $ spent.



American Express Platinum Business Charge - 120,000 Membership Rewards points

With a 120,000 Membership Rewards bonus, the American Express Platinum Business Charge card is aimed at small- and medium-sized businesses who want to maximise their points earn and travel benefits.

  • 120,000 Membership Rewards points on approval
  • 2 Membership Rewards points earned per $ spent at restaurants, airlines, accommodations and business expenses, 1 point per $ everywhere else except for utilities and the ATO
  • 55 days cash flow and Dedicated account management
  • Unlimited access to over 1,200 lounge across 130 countries - including Virgin Australia Domestic, Delta and American Express lounges globally
  • Access to American Express Fine Hotels & Resorts perks & discounts
  • Complimentary status & memberships with 6 hotel loyalty programs
  • Complimentary The Australian Financial Review Premium digital subscription
  • Complimentary Travel Insurance cover extended to additional Platinum Business Card Members (PDS)
  • $1750 p.a. annual fee
  • Spend $5,000 in first 2 months of ownership to qualify for signup bonus
  • Card Members who currently hold or who have previously held any other Card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for this offer. Previous and existing bank-issued American Express companion cardholders are eligible for this offer.
  • Offer expires: 4 February 2019

Find out more or apply →

Point Hacks receive a maximum of $330 per applicant for this card. More about this →

The American Express Platinum Business Charge earns the equivalent of 1 Asia Mile per dollar on general spend, and 2 miles on travel and overseas spend, and selected restaurant, business and advertising expenses, capped at 375,000 p.a.



NAB Rewards Signature Visa - 90,000 Rewards Points

The NAB Rewards Signature Visa has 90,000 bonus points on offer with the ability to transfer points to Velocity, Asia Miles, Krisflyer Miles and Air NZ Airpoints - plus bonus points for overseas spend and purchases at major department and hardware stores.

  • 90,000 sign up bonus NAB Rewards points - transfers to 45,000 Velocity Points or 29,700 Asia Miles/Krisflyer Miles
  • 0% p.a. on balance transfers for 6 months
  • 1.25 NAB Rewards point earned per $ spent on everyday purchases
  • 3.75 NAB Rewards points earned per $1 overseas and 2.5 NAB Rewards points in major department and hardware stores
  • NAB Rewards points can be transferred to Velocity Points, Asia Miles, Krisflyer Miles or Air NZ Airpoints
  • 7 complementary Insurances including overseas travel insurance when you meet eligibility criteria (PDS)
  • $295 p.a. annual fee
  • $2,500 minimum spend within 60 days of account opening required to trigger bonus points
  • Balance Transfer must be applied for during card application, a 2% balance transfer BT fee applies and minimum monthly repayments required.
  • Offer unavailable if closing/transferring from another NAB credit card account

Find out more or apply →

Point Hacks receive a range of commissions for applicants of NAB credit cards. More about this →

The NAB Rewards Signature Visa earns the equivalent of 0.41 mile on regular spend, 0.82 mile at department and hardware stores and 1.23 miles on overseas spend, uncapped.



Citi Prestige Visa - up to 410,000 Citi Rewards points (205,000 Velocity points / 164,000 Krisflyer miles if transferred)

Up to 410,000 Citi Rewards Points are on offer with the Citi Prestige Visa when signing up and linking to Citi Rewards. Comes with a vast range of perks including unlimited lounge access, free hotel night, and airport limo transfers.

  • Up to 400,000 bonus Citi Rewards points plus additional 10,000 bonus Citi Rewards points when you apply for the Linked Diners Club Card
  • 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
  • 3 Citi Rewards points earned per $1 on select purchases and bookings from a range of major restaurants, major hotel chains and flights directly booked with major airlines and international spend
  • 2 Citi Rewards points earned per $ for selected purchases made at major petrol outlets, major supermarkets and major national retailers
  • 1 Citi Rewards point earned per $ spent everywhere else on eligible spend
  • Complimentary bottle of wine when you dine with partner restaurants
  • Annual fee: $700 p.a.
  • Receive 20,000 bonus for every month you spend $1,000 or more on the Visa for the first 20 months from approval
  • Apply for the Linked Diners Club Card and make your first spend to receive the additional 10,000 point bonus
  • $150,000 p.a. minimum income requirement
  • Offer expires: 31 March 2019

Find out more or apply →

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

The Citi Prestige Visa earns 0.4 mile on general spend, 0.8 mile at major petrol stations, supermarkets and retailers, 1.2 miles at major restaurants, airlines and international spend

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 Asia Miles-earning credit cards out there – there are many other cards with differing points earn rates and annual fees that are also linked to Asia Miles. Check out the cards table for the list.

The highest Asia Miles-earning credit cards was last modified: November 15th, 2018 by Matt Moffitt

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Comments

  1. jabs

    another option is to ask amex to link your Explorer card to the Ascent program instead of Gateway – if you also have a Platinum Edge. Makes the earn rate 2/$ instead of 1.5/$.

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