Are you an avid traveller or a points chaser? Are you looking to get the best bang for your buck for your next trip? You may be considering joining a rewards program that lets you earn Qantas Frequent Flyer Points.  

There are a range of credit cards from big banks to smaller providers that allow you to earn Qantas Frequent Flyer Points. The Qantas Points you earn on flights or purchases can be redeemed for flight rewards, travel perks and merchandise through the Qantas store.

When it comes to choosing the right reward program for you, it pays to do your research. That’s why RateCity has created this Qantas Frequent Flyer Points guide to help simplify your search.  

What are Qantas Frequent Flyer Points?

Qantas Frequent Flyer Points are a brand-specific type of rewards program that can be earned and exchanged for Qantas rewards.

Credit card reward programs, like the Qantas Frequent Flyer program, are designed to encourage bigger spending, so they are not without their own level of risk. Spending money for the sake of earning points may find even the most budget-conscious of us falling into bad debt habits. 

However, if the credit card is used responsibly and you ensure your balance is paid in full each statement period, you may enjoy some serious benefits. 

Australians who prefer to travel with Qantas, or are seeking to climb the ranks of membership, may consider using a Qantas Frequent Flyer credit card to help them earn points through everyday spending.

Do you need to be a Qantas member to earn points?

Short answer, yes. You must be a Qantas Frequent Flyer to earn and use Qantas Points. After all, if your credit card spending is earning you points towards a program you don’t use or are not a member of, it may be time to consider switching cards.  

Within the Qantas Frequent Flyer program, there are five tiers of membership:

  1. Bronze
  2. Silver
  3. Gold
  4. Platinum 
  5. Platinum One

To reach the higher tiers of membership, you’ll need to earn enough Status Credits. Status Credits are generally based on the distance flown and are typically earned through flying with Qantas or affiliated airline partners, including as Cathay Pacific, Qatar Airways, American Airlines and British Airways. 

Starting at Bronze, the higher you move up the Qantas Frequent Flyer membership tiers, the greater the rewards. However, these rewards can also be claimed by earning a number of Qantas Frequent Flyer Points through your credit card and exchanging them for the same travel bonuses. 

What Qantas Frequent Flyer Points can be used for

There are a range of perks that Qantas Frequent Flyer Points can be exchanged for. These may include:

  • Flights, including upgrades
  • Hotels, including room upgrades
  • Rental cars
  • Tours
  • Cruises
  • Shopping in affiliated stores, including electronics, white goods, kids’ toys, beauty products and more
  • Food and wine
  • Travel insurance
  • Health insurance

How Qantas Frequent Flyer Points are earned

The main ways to earn Qantas Points with a credit card are by choosing a direct earning card or a card that lets you opt-in to earn Qantas Points.

Direct earning cards are a type of credit card that automatically earns you Qantas Points on your spending, generally on a dollar for point basis. Your chosen credit card may even be called a Qantas Rewards card.  

Opt-in credit cards may give you the choice to earn Qantas Frequent Flyer Points instead of the card’s standard rewards points. The credit card provider will often have its own rewards program in which points can be exchanged for merchandise, like electronics or appliances. However, some will also be affiliated with Qantas, and allow you to turn your earned points into Qantas Frequent Flyer Points.

In terms of how the credit card actually accumulates points, there are two main ways:

  • Dollar to point ratio. Rewards points credit cards will come with their own earn rates, which is the number of points each dollar you spend earns you. Generally, this may be between 0.5 – 3 points per dollar spent. The earn rate will differ depending on the credit card provider. 
  • Bonus points. Credit card providers may offer incentives to new customers to get them on the books, including large bonus point offerings. These can climb as high as 200,000 points. The bonus points may be the equivalent of a flight from Sydney to Melbourne, or even Sydney to Los Angeles, depending on the size of the offer. 

Keep in mind that not all point earning is endless, and some credit card providers do cap the number of points that can be earned in a statement period or even a financial year. Points on some cards may be expired if not spent within a certain period of time. If you’re looking to earn as many points as possible, you may want to consider avoiding credit cards with points caps. 

Will I earn points every time I use my credit card?

No, you won’t earn Qantas Frequent Flyer Points every time you use your credit card. That is because your credit card provider will stipulate what makes up an eligible purchase in its terms and conditions.

The type of transactions that won’t qualify as an eligible purchase may include:

  • Cash advances
  • Balance transfers
  • Interest charges
  • Loan repayments
  • Spending on gambling
  • Refunded transactions
  • Gift cards
  • Credit card fees
  • BPAY payments
  • Government charges (ATO payments, stamp duty etc.)

To find what credit card transactions are eligible purchases for earning Qantas Frequent Flyer Points, you will need to check the cards terms and conditions.

Qantas works with a number of affiliated stores to allow customers to earn Frequent Flyer Points just by spending there. Your credit card provider will also do the same, allowing you to earn points by spending money in these stores. Always check which stores may help you earn rewards points before you start tapping that plastic.

How to compare Qantas Frequent Flyer credit cards

Now you know how to earn Qantas Points and what they can be exchanged for, you may be wondering how to begin comparing the multitude of Qantas Frequent Flyer credit cards on the market.

There are a few key credit card components you should always compare when searching for your next card:

Credit card feature About
Purchase rate The rate at which you are charged interest on your purchases. One of the biggest determining factors to the overall cost and potential debt of your card. Interest is charged per annum (pa) and can be anywhere from 7 per cent to 25 per cent.
Cash advance rate The interest rate you are charged when you withdraw cash from your card, typically from an ATM.
Annual fee May sit around $100 but can climb as high as $1,200. Annual fees are to be expected with rewards credit cards, as they are said to help pay for the rewards programs.
Interest-free period The length of time in which you must repay your outstanding card balance before you’re charged interest on purchases. Typically run around 45-55 days from the start of each month’s billing cycle.
Minimum repayment amount Minimum amount you must pay each month. This may be a fixed amount, like $20, or a percentage of the balance owing, typically 2-3 per cent.

When it comes to Qantas Frequent Flyer credit card comparison, during your search you may also want to ask yourself the following questions:

  1. How easy is it to redeem the points?
  2. What is the dollar-to-point ratio?
  3. Are there any caps on points?
  4. Will the points expire?
  5. Will you be able to earn the points required? I.e. will you naturally spend money in the affiliated stores, on flights or even groceries to qualify?

Case study – Dom the frequent flyer

Dom travels for work almost every single week, flying between Sydney and Brisbane. His airline of choice is Qantas, and he’s decided it’s time to shop around for a new credit card that will earn him Qantas Frequent Flyer Points.

There are a few things Dom is keeping in mind for his search. He wants a card with a high earn rate as he will use it to buy his flights each week. He also doesn’t want an outrageous annual fee, so is looking to keep that cost down if possible. He also wants to avoid cards with points capping.

Dom’s wife will also use the card for the weekly grocery shop, so he ensures the card provider does not charge for supplementary cards. He also checks the terms and conditions to ensure that spending in their favourite grocer will earn them rewards points.

He chooses a card with a huge sign-up bonus, giving him enough Qantas Frequent Flyer Points to travel from Sydney to Brisbane return for free. But Dom saves those points and earns more through his and his wife’s spending. He saves enough points to take her on a surprise holiday to the Whitsundays. Once they reach this threshold, Dom purchases the flights and exchanges the Qantas Points for upgraded seats, plus a discount on the hotel room and a bottle of wine on arrival.

 

Compare Qantas frequent flyer point credit cards

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Product Name Card
Purchase Rate
Interest Free Days
Annual Fee
Late Payment Fee
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Purchase Rate

20.74%

Interest Free Days

44

Annual Fee

$99

$30

More details

Purchase Rate

20.74%

Interest Free Days

44

Annual Fee

$450

$30

More details

Purchase Rate

20.74%

Interest Free Days

44

Annual Fee

$249

$30

More details

Purchase Rate

20.74%

Interest Free Days

44

Annual Fee

$0

$30

More details

Purchase Rate

20.74%

Interest Free Days

44

Annual Fee

$295

$30

More details

Purchase Rate

20.70%

Interest Free Days

55

Annual Fee

$99

$35

More details

Purchase Rate

20.70%

Interest Free Days

55

Annual Fee

$149

$35

More details

Purchase Rate

19.99%

Interest Free Days

44

Annual Fee

$250

$15

More details

Purchase Rate

19.99%

Interest Free Days

44

Annual Fee

$295

for 12 months then $395

$15

More details

Purchase Rate

4.99%

for 5 months then 18.99%

Interest Free Days

55

Annual Fee

$249

$0

More details

Purchase Rate

19.74%

Interest Free Days

55

Annual Fee

$79

$15

More details

Purchase Rate

19.74%

Interest Free Days

55

Annual Fee

$99

$15

More details

Purchase Rate

19.74%

Interest Free Days

55

Annual Fee

$279

$15

More details

Purchase Rate

20.74%

Interest Free Days

55

Annual Fee

$178

$30

More details

Purchase Rate

18.24%

Interest Free Days

55

Annual Fee

$189

$15

More details

Purchase Rate

19.74%

Interest Free Days

55

Annual Fee

$99

$15

More details

Purchase Rate

19.74%

Interest Free Days

55

Annual Fee

$279

$15

More details

Purchase Rate

20.49%

Interest Free Days

45

Annual Fee

$99

for 12 months then $200

$15

More details

Purchase Rate

19.74%

Interest Free Days

55

Annual Fee

$79

$15

More details

Purchase Rate

19.74%

Interest Free Days

55

Annual Fee

$279

$15

More details

Purchase Rate

19.99%

Interest Free Days

55

Annual Fee

$49

$30

More details

Purchase Rate

20.49%

Interest Free Days

44

Annual Fee

$160

$25

More details

Purchase Rate

19.99%

Interest Free Days

55

Annual Fee

$149

$15

More details

Purchase Rate

19.74%

Interest Free Days

55

Annual Fee

$79

$15

More details

Purchase Rate

20.49%

Interest Free Days

45

Annual Fee

$300

$15

More details

Purchase Rate

20.49%

Interest Free Days

55

Annual Fee

$99

for 12 months then $169

$35

More details

Purchase Rate

19.74%

Interest Free Days

55

Annual Fee

$99

$15

More details

Purchase Rate

19.99%

Interest Free Days

55

Annual Fee

$199

for 12 months then $299

$30

More details

Purchase Rate

6.99%

for 6 months then 16.95%

Interest Free Days

55

Annual Fee

$0

$9

More details

Purchase Rate

20.49%

Interest Free Days

44

Annual Fee

$270

$25

More details

Purchase Rate

19.99%

Interest Free Days

55

Annual Fee

$1200

$30

More details

Purchase Rate

18.74%

Interest Free Days

50

Annual Fee

$249

$15

More details

Purchase Rate

19.99%

Interest Free Days

55

Annual Fee

$99

$30

More details

Purchase Rate

19.99%

Interest Free Days

55

Annual Fee

$99

$30

More details

Frequently asked questions

What's the best credit card for rewards?

There is no one-size-fits-all best rewards credit card. It's best you research what type of rewards program you'd like, as well as the fees, interest rate and conditions associated with those types of cards before making a choice. 

Rewards credit cards can also come with high annual fees that may end up nullifying the rewards, so think how often you use the card to decide whether the benefits outweigh the extra cost for you. A card with a lower annual fee might require a lot of spending to get any useful rewards, while another card with a higher annual fee might need fewer purchases to get a reward. 

Can a pensioner get a credit card?

It is possible to get a credit card as a pensioner. There are some factors to keep in mind, including:

  • Annual income. Look for credit cards with minimum annual income requirements you can meet. 
  • Annual fees. If high fees are a concern for you, opt for a card with a low or $0 annual fee. 
  • Interest rate. Make sure you won’t have any nasty surprises on your credit card bill. Compare cards with a low interest rates to minimise risk.

How easy is it to get a credit card?

For most Australians, there are no great barriers to applying for and getting approved for a credit card. Here are some points that a lender will consider when assessing your credit card application.

Credit score: A bad credit score is not the be all and end all of your application, but it may stop you being approved for a higher credit limit. If your credit score is less than perfect, apply for the credit limit that you need, rather than the one you want.

Annual income: Most credit cards have minimum annual income requirements. Make sure you’re applying for a card where you meet the minimum.

Age & residency: You need to be at least 18 years old to apply for a credit card in Australia, and most require that you are an Australian citizen or permanent resident. However, there are some credit cards available to temporary residents.

How do you cancel a credit card?

It’s important to cancel your old cards to avoid any additional fees. Unless you’re doing a balance transfer, you’ll need to pay the outstanding balance before you cancel your credit card. If you’ve opted for a card with reward points, make sure you redeem or transfer the points before you close your account. To avoid any bounced payments and save yourself an admin headache, redirect all your direct debits to a new card or account. Once you’ve done all the preparation, call your bank or credit card provider to get the cancellation underway. Once you receive a confirmation letter, destroy your card and make sure the numbers aren’t legible.

What should you do when you lose your credit card?

Losing your credit card is a serious situation, and could land you in financial trouble. Here is a simple guide detailing what to do when you lose your credit card.

Lock you card – Contact your provider and inform them about your lost credit card. From here lock, block or cancel your card.

Keep track of transactions – Look out for unauthorised credit card transactions. Most banks protect against fraudulent transactions.

Address recurring charges – If your card is linked to recurring charges (gym membership, rent, utilities), contact those businesses.

Check credit rate – To ensure you’re not the victim of identity theft, check your credit rating a month or two after you lose your credit card.

How do you use credit cards?

A credit card can be an easy way to make purchases online, in person or over the phone. When used properly, a credit card can even help you manage your cash flow. But before applying for a credit card, it’s good to know how they work. A credit card is essentially a personal line of credit which lets you buy things and pay for them later. As a card holder, you’ll be given a credit limit and (potentially) charged interest on the money the bank lends you. At the end of each billing period, the bank will send you a statement which shows your outstanding balance and the minimum amount you need to pay back. If you don’t pay back the full balance amount, the bank will begin charging you interest.

What should you do if your credit card is compromised?

Credit card fraud is a serious problem. If your credit card is compromised and you’re wondering what to do, here are a few precautionary steps to take.

Contact you credit provider – Get in touch will your credit card provider. If you feel your card has been compromised, you should be able to lock or block it.

Monitor your accounts – Keep an eye on your credit card accounts. Any unauthorised transactions could be a sign your credit card has been compromised.

Check your credit rating – It’s also important to check your credit rating, to ensure you’re not a victim of identity theft or some other financial mischief.

Should I get a credit card?

Once you've compared credit card interest rates and deals and found the right card for you, the actual process of getting a credit card is quite straightforward. You can apply for a credit card online, over the phone or in person at a bank branch. 

How to get a credit card for the first time

A credit card can be a useful financial tool, provided you understand the risks and can meet repayment obligations.

If you’re a credit card first-timer, review your options. Think about what kind of credit card would suit your lifestyle, and compare providers by fees, perks and repayments.

Once you’ve selected a card, it’s time to apply. Credit card applications can generally be completed in store, online or over the phone.

When you apply for a credit card for the first time, you must meet age, residency and income requirements. As proof, you must also provide documentation such as bank account statements.

What is a balance transfer credit card?

A balance transfer credit card lets you transfer your debt balance from one credit card to another. A balance transfer credit card generally has a 0 per cent interest rate for a set period of time. When you roll your debt balance over to a new credit card, you’ll be able to take advantage of the interest-free period to pay your credit card debt off faster without accruing additional interest charges. If your application is approved, the provider will pay out your old credit card and transfer your debt balance over to the new card. 

Which credit card has the highest annual percentage rate?

The credit card market changes all the time, so the credit card with the highest annual percentage rate is also liable to change.

Keep in mind that credit card interest rates are expressed as a yearly rate, or annual percentage rate (APR). A low APR is generally good but also consider:

  • There can be different APR's for each feature of the card (e.g. purchases may have an APR of 14 per cent, while cash advances on same card could have an APR of 17 per cent.
  • Credit cards with a variable rate can change throughout the year, affecting your APR, so check the full details.
  • If you pay your balance in full every month, having the lowest APR is not as important as the other fees associated with the card. However, if you carry a balance from month to month, then you want the lowest APR possible.

How do you use a credit card?

Credit cards are a quick and convenient way to pay for items in store, online or over the phone. You can use a credit card as a cashless way to pay for goods or services, both locally and overseas. You can also use a credit card to make a cash advance, which gives you the flexibility to withdraw cash from your credit card account. Because a credit card uses the bank’s funds instead of your own, you will be charged interest on the money you spend – unless you pay off the entire debt within the interest-free period. If you pay the minimum monthly repayment, you will be charged interest. There are many different credit card options on the market, all offering different interest rates and reward options.

How do you apply for a credit card?

You can apply for a credit card online, over the phone or in person at the bank. Once you’ve compared the current credit card offers, the application process is quick and easy. Before you get your application started, you’ll need to gather your personal information like proof of ID, payslips and bank statements, proof of employment and details of your income, assets and liabilities. To be eligible for a credit card, you’ll need to be an Australian citizen over 18 and earn a minimum of $15,000 each year. Once you’ve applied for a credit card, you should get a response fairly instantly. If your credit card application has been approved, you should receive a welcome pack with your new credit card within 10-15 days.

How to get money from a credit card

You can get money from a credit card, but generally it will cost you.

Withdrawing money from a credit card is called a cash advance, as it operates more as a loan than a simple cash withdrawal. Because it is a loan, you may be charged interest on your cash advance as soon as you make the withdrawal. Interest rates are also usually much higher for cash advances than standard credit card purchases.

In addition to the interest rate, you may also be charged a cash advance fee. This could be a flat rate, or a percentage of your total cash advance. If you are considering a cash advance, make sure to add up how much it will cost you before committing.

How to pay a credit card

There are a few ways to pay a credit card bill. These include:

  • BPAY - allows you to safely make credit card payments online.
  • Direct debits - set up an automatic payment from your bank account to pay your credit card bill each month. You can choose how much you want to pay of your credit card bill when you set up the auto payments.
  • In a branch.
  • Via your credit card provider's app.

How many numbers are on a credit card?

The numbers on your credit card actually follow a universal standard which is used to identify specific functions. Each credit card has a different amount of numbers. Visa and Mastercard have 16, American Express has 15 and Diner’s Club has 14. 

The first number on a credit card always identifies what type of credit card it is. Visa cards start with a 4, whereas Mastercard starts with a 5 and American Express with a 3. The remainder of the digits represent the account number, including the last number which is used to verify that your credit card is actually valid. 

Credit cards also have additional verification numbers, which are mainly used when the card isn’t present for phone and online purchases. These are the three-digit numbers on the back of Visa and MasterCard or the four-digit numbers on the front of an American Express card.

How is credit card interest charged?

Your credit card will be charged interest when you don’t pay off the balance on your credit card. Your card provider or bank charges you the individual interest rate that is associated with your card, which is usually between 10 and 20 per cent. 

The interest will be added onto your bill each month or billing period if you don’t pay off the balance, unless you are in an interest-free period.

You will be charged interest on anything that hasn’t been paid for inside the interest-free period. Usually you will receive a notice on your bill or statement saying you will be charged interest so you have some form of notice before you’re charged.

How to make a credit card online

If you’re wondering about how to make a credit card online application, here are some steps to follow:

  • Test the market. Many credit card options are available online. Compare providers by fees, interest and perks to ensure you’re getting the best deal.
  • Complete the application. Once you’ve selected a card, head to the provider’s website and complete the online credit card application form. Forms vary by providers.
  • Provide details. Most cards require you to meet age, residency, income and credit status condition, and you need to provide details like a bank account statement to prove this.
  • Review details. Ensure the information you’ve entered is correct.

Where can I get a credit card?

Looking to get your first credit card? You might be confused as to exactly where to go to apply for one. Here’s where to go when you are ready to put in that application.

The bank: Your bank is a great place to start, provided that you have a good banking history. Since you already have a financial history, you have more chance of your application being approved.

Credit card provider: Another option is to apply for a credit card directly from the issuer, such as Visa, Mastercard or Amex. This will most likely be an online application, so do your research and apply for a suitable card for your circumstances.

Major retailers: Coles, Woolworths, Myer and David Jones all have credit cards available. But watch out for the interest rate and annual fees – these cards are designed to help you spend more in store.

How do I apply for a credit card online?