Platinum
rewards credit cards

  • Platinum rewards cards are your ticket to top travel and first class rewards perks. From faster rewards earning rates, greater choice of rewards, complimentary travel insurance and personalised concierge services there is a lot to love about platinum plastic.

  • What criteria do I need to meet to get a platinum rewards card?

    Platinum rewards cards are high end cards they are not available to everyone. You will need to be over 18 years, have a near perfect credit rating and also earning above a certain annual income, usually $50,000 or more.

  • Are the rewards progams better with platinum credit cards?

    Yes. Generally platinum cards have accelerated points-per-dollar deals which mean that for every dollar you spend on the card you receive more rewards points. Many platinum cards also have exclusive deals for dining and travel, as well as concierge services.

    Platinum rewards cards often do not have caps on the number of points, nor do points expire. Check out our guide platinum cards - the inside story.

  • What can points be redeemed for?

    It depends on the reward card program but platinum rewards cards usually have the most choices available to their cardholders. Flights, dining, accommodation, retail rewards and cashback are all available with Visa, Mastercard and Amex platinum cards.

  • How do I compare reward programs for platinum credit cards?

    You can find out the value of your credit spend for various rewards frequent flyers, cashback, giftcards across the platinum credit card market with Mozo's Rewards Revealer tool.

  • We compare 92 rewards cards from 38 banks

  • We update rewards credit card information on our site daily

  • You should select a rewards card based on your annual spend

    • American Express Platinum Edge Credit Card
      • 0.99% p.a. on balance transfers for the first 6 months. Conditions apply
      • Annual domestic economy return flight
      • Up to 55 days interest free on purchases
    • points per $ spent

      1 points per dollar on Amex, uncapped

    • spend req syd-lon flight*

      $125,000

    • privileges

      Travel Insurance

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    • Westpac Altitude Platinum
      • 0% p.a. for 12 months on purchases from card approval
      • Earn double points for the first 3 months on purchases
      • Two cards linked to one account, apply by 22 June 2014
    • points per $ spent

      2 points per dollar on Amex, 1 points per dollar on Visa, up to 7500 points per month

    • spend req syd-lon flight*

      $125,000 (on Amex, or $250,000 on Visa)

    • privileges

      Concierge,
      Travel Insurance,
      Extended Warranty,
      Purchase Protection

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    • Commonwealth Bank Diamond Awards Credit Card
      • Earn up to 3 Awards points for every dollar spent on eligible purchases
      • 5.99% p.a. on balance transfers for 5 months
      • Earn up to 1 million Awards points each year
    • points per $ spent

      3 points per dollar on Amex, 1.25 points per dollar on MasterCard, up to 1000000 points per year

    • spend req syd-lon flight*

      $83,333 (on Amex, or $200,000 on MasterCard)

    • privileges

      Concierge,
      Travel Insurance,
      Extended Warranty,
      Purchase Protection

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    • ANZ Rewards Platinum
      • Get 20,000 bonus Rewards Points on your first eligible purchase plus platinum benefits
      • Complimentary travel and medical insurance
      • Uncapped points earning potential
    • points per $ spent

      3 points per dollar on Amex, 1.5 points per dollar on Visa, uncapped

    • spend req syd-lon flight*

      $93,750 (on Amex, or $187,500 on Visa)

    • privileges

      Concierge,
      Travel Insurance,
      Commission-free Travellers Cheques,
      Extended Warranty,
      Purchase Protection

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    • American Express Velocity Platinum Card
      • 0.99% p.a. on balance transfers for the first 6 months
      • Earn up to 3 Velocity Points per $1 spent
      • 50,000 bonus Velocity Points, limited time only
    • points per $ spent

      1 points per dollar on Amex, uncapped

    • spend req syd-lon flight*

      $125,000

    • privileges

      Travel Insurance,
      Purchase Protection,
      Account alerts by SMS

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    • HSBC Platinum Qantas
      • Bonus 20,000 Qantas Frequent Flyer points, apply by 30 June 2014
      • 0% p.a. on balance transfers for 6 months. Conditions apply
      • 2 Qantas Club lounge passes every year at no extra cost
    • points per $ spent

      1 points per dollar on Visa, uncapped

    • spend req syd-lon flight*

      $128,000

    • privileges

      Concierge,
      Travel Insurance,
      Extended Warranty,
      Purchase Protection,
      Guaranteed Pricing

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    • American Express Qantas Premium Card
      • 0.99% p.a. on balance transfers for the first 6 months
      • Receive up to 30,000 extra Qantas Points
      • Enjoy 2 Qantas Club Lounge invitations every year
    • points per $ spent

      1 points per dollar on Amex, uncapped

    • spend req syd-lon flight*

      $128,000

    • privileges

      Travel Insurance,
      Purchase Protection,
      Account alerts by SMS,
      Two Qantas Club invitations per year when you spend at Qantas.

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    • Commonwealth Bank Platinum Awards Credit Card
      • Enjoy up to $200 cashback
      • Earn up to 2.5 Awards points for every dollar spent on eligible purchases
      • Up to 55 days interest free on purchases
    • points per $ spent

      2.5 points per dollar on Amex, 1 points per dollar on MasterCard, up to 150000 points per year, then
      1 points per dollar on Amex, 0 points per dollar on MasterCard, up to 250000 points per year

    • spend req syd-lon flight*

      $160,000 (on Amex, or $250,000 on MasterCard)

    • privileges

      Concierge,
      Travel Insurance,
      Extended Warranty,
      Purchase Protection

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    More info
    • ANZ Frequent Flyer Platinum
      • Get 20,000 bonus Qantas Points on your first eligible purchase plus platinum benefits
      • Earn uncapped Qantas Points, conditions apply
      • Complimentary travel and medical insurances included
    • points per $ spent

      1.5 points per dollar on Amex, 0.5 points per dollar on Visa, uncapped

    • spend req syd-lon flight*

      $85,333 (on Amex, or $256,000 on Visa)

    • privileges

      Concierge,
      Travel Insurance,
      Extended Warranty,
      Purchase Protection

    • Go to site
    More info
    • Westpac Singapore Airlines Platinum
      • 10,000 bonus points
      • 0.99% p.a. on balance transfers for 6 months
      • Complimentary insurance covers
    • points per $ spent

      1.5 points per dollar on Amex, 0.5 points per dollar on Visa, uncapped

    • spend req syd-lon flight*

      $66,667 (on Amex, or $200,000 on Visa)

    • privileges

      Concierge,
      Travel Insurance,
      Extended Warranty,
      Purchase Protection

    • Go to site
    More info

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