Point Hacks Credit Card Guide

The highest Qantas Points-earning credit cards

Qantas Frequent Flyer is the most popular frequent flyer program in Australia, with Qantas Points in high demand from its 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-day spend on any of American Express, Visa or MasterCard, there are some high points earning options out there.

Note that American Express is adjusting both earn rates and points transfer rates for most cards effective 15 April 2019. Here is our take on the changes and further information from American Express.

The highest Qantas Points-earning credit cards was last modified: January 11th, 2019 by Keith

We thought we’d round up some of the highest Qantas Point earning cards on the market, with options earning at least 1 Qantas Point per $ 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.

Qantas also launched their own MasterCard in June last year.

Redemptions on A330 Business Class flights is one of the best uses of Qantas Points

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
American Express Qantas Ultimate ↓1.5 points on general spend including utilities and telecom
2.5 points with Qantas
uncapped450
Westpac Altitude Black
1.25 point general spend (Amex card)
2 points on overseas spend
0.75 on general spenduncapped250 p.a. plus 50 opt-in fee for Mastercard
199 for Amex
American Express Qantas Premium ↓1.25 points on general spend including utilities and telecom
2.25 points with Qantas
uncapped249
American Express Platinum Charge ↓1 point general spend except utilities and ATO
3 points at selected restaurants
2 points on travel & overseas spend
300,000 p.a.1,450
American Express Platinum Business Charge ↓1 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.1,750
American Express Qantas Discovery1 point general spend
2 points with Qantas
uncapped0
Diners Club Frequent Flyer + World MasterCard1.25 point with Diners
0.5 point with Mastercard

Selected Qantas purchases:
2.25 points with Diners
1.5 points with Mastercard
uncapped260n/a
NAB Qantas Rewards Signature Visa ↓1 point
2 points with Qantas
$5,000
0.5 point per $ after cap up to $20,000
395
Qantas Premier Mastercard1 point on general spend
1.5 points on overseas spend
2 points with Qantas
$10,000 per month299
BoQ Specialist Signature Visa ↓1 point domestic
1.5 points overseas
2 points with Qantas
10,000 pcm
0.5 points per $ afterwards
400
ANZ Frequent Flyer Black ↓1 point$7,500 per month
0.5 point per $ after cap
425
Qudos Bank Visa Platinum1 point
2 points with Qantas
$2,500 per month and $200,000 per year249
Macquarie Visa Black1 point
0.5 point after cap
$4,000 per month299
HSBC Platinum Qantas Visa ↓1 point$2,500 per month79
Macquarie Visa Platinum1 point
0.5 point after cap
$1,000 per month249
Citi Prestige Qantas Visa0.5 point on general spend
1 point on petrol, supermarkets
and national retailers
1.5 point at major restaurants,
hotel chains and
major airlines
uncapped700+(49)n/a
Citi Signature Qantas Visa0.5 point on general spend
0.75 point on petrol, supermarkets
and national retailers
1 point at major restaurants,
hotel chains and
major airlines
$20,000 per month on regular spend outside of bonus categories444n/a

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 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


The American Express Qantas Ultimate earns 1.5 Qantas Point per dollar on general spend, 2.5 points per dollar on Qantas products and services and 0.5 point per $ on government spend.



The American Express Westpac Altitude Black card earns 1.25 Qantas Points per dollar on general spend and 2 Qantas Points per dollar on overseas spend, while the Altitude Black Mastercard earns 0.75 Qantas Point per dollar on spend.



The American Express Qantas Premium earns 1.25 Qantas Point per dollar on general spend, 2.25 points on Qantas products and services and 0.5 point on government spend.



The American Express Platinum Charge earns the equivalent of 1 Qantas Point per dollar on general spend, 3 points at selected restaurants and 2 points on travel and overseas spend, uncapped.



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



NAB Qantas Signature Visa earns 1 Qantas Points per dollar up to $5,000 and 0.5 Qantas Point per dollar thereafter capped at $20,000 per statement period.



ANZ Frequent Flyer Black Visa earns 1 Qantas Point per dollar up to $7,500 per month then 0.5 point per dollar thereafter.



BOQ Specialist Qantas Signature card earns 1 Qantas point per dollar up tp $10,000 per month then 0.5 point per dollar thereafter. The card also earns 1.5 Qantas Points per dollar on eligible international purchases.



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


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.

The highest Qantas Points-earning credit cards was last modified: January 11th, 2019 by Keith

Jump back up to offer ↑

Point Hacks Credit Card Information

Point Hacks is published by Point Hacks Australia Pty Ltd (ACN 622 987 160), a corporate authorised credit representative (Number: 504786) of MSC Advisory Pty Ltd ACN 607 459 441 (Australian Credit License: 480649). In some instances, Point Hacks Australia 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, assist you in obtaining credit, or advise you to apply for any particular product from a provider.

We have not taken into consideration your personal 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.

While we invest a great deal of time and energy into ensuring we provide with you with the most up to date and accurate information, we do not warrant the accuracy of statements or information contained on the Website relating to third party goods and services, including credit card information, loyalty schemes and rewards. You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability arising from any person acting on those statements or information to the fullest extent permitted by law. Where conditions or warranties are implied by law and cannot be excluded, our liability will be limited to the re-supply of information. You should confirm the accuracy of information provided on this Website with the third party product provider before acting on it.

Comments

    • Keith Author

      It depends which card provider. Most would allow points to be earned / spend to be used for min spend targets with utilities, but some – primarily Citi-branded and backed cards like Virgin Money and Qantas Premier – have this excluded.

  1. Jem

    Which card provides the quickest transfer of points after meeting minimum spend requirements- and how fast/slow is this transfer?

  2. Hugh

    BoQ Specialist Signature Card 1 point per $ is capped at $10,000 per month (0.625 pts per $ after cap). Also free Priority Pass.

  3. Ryan

    HSBC Premier seems a good option for those who have a Premier account. As long as you are Premier in a different country, you can open a Premier account in Australia as well. $99 for Premier credit card earning 1 pt per $, no points cap. Anyone knows if there will be devaluation coming?

  4. 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.

    • 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.

  5. 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.

  6. Andrew

    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.”

  7. Andrew

    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.

  8. 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.

  9. 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.

  10. 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.

Leave a Reply