3 bonus points offers you need to know about this February

If you never say no to a perk, you might be considering picking up a rewards credit card. These are credit cards that allow you to earn points on your everyday spending which can be redeemed for a range of rewards. 

The good news is that many rewards credit card providers generally offer bonus point offers for new customers, which can range between 50,000 to a whopping 200,000. This can be a great way to kickstart your points balance and get you well on your way to picking up some flashy rewards. 

To get your search started, we’ve rounded up three rewards credit cards with some snazzy bonus points offers.

American Express Qantas Ultimate Credit Card
  • 2020 Mozo Experts Choice Award winner^
  • 100,000 bonus Qantas Points offer (spending criteria applies)
  • Earn 1.25 Qantas Points for every $1 spent

If you’re a big fan of the Qantas Frequent Flyer program, then you might want to check out the American Express Qantas Ultimate credit card. Aside from having a 2020 Mozo Experts Choice Award^ under its belt, there’s a whopping 100,000 bonus Qantas Points offer up for grabs, so long as you spend $3,000 within the first three months. There are a few other goodies available, like a complimentary Qantas Wine Premium Membership, but you will need to watch out for the $450 annual fee and 20.74% purchase rate.

BankSA Amplify Signature Credit Card
  • Up to 200,000 bonus Amplify Points offer (Amplify Rewards option)
  • 1.5 points per $1 spent, uncapped (Amplify Rewards option)
  • Discounted $139 annual fee in the first year (then $279) (Amplify Rewards option)

Prefer to have your bonus points delivered over time? Why not give the BankSA Amplify Signature credit card a look? With this prestigious plastic, you have the option to earn your rewards points via the Amplify Rewards Program or the Qantas Frequent Flyer program. Under the Amplify Rewards Program, you could snag up to 200,000 bonus Amplify Points over two years. And when it comes to your regular spending, you’ll earn 1.5 points per $1 spent plus a discounted annual fee of $139 in the first year (then $279).

NAB Rewards Platinum Credit Card
  • 60,000 bonus points offer (spending criteria applies)
  • 1 point per $1 spent
  • $195 annual fee

With the NAB Rewards Platinum Credit Card, you’ll have the opportunity to be rewarded with 60,000 bonus points when you spend $1,000 within the first 60 days of approval. This card features a 1 point per $1 spent points system and a $195 annual fee, which is on the lower side for a rewards credit card. Other features such as extended warranty, purchase and price protection are also included. Just make sure to pay your balance off in full every month, as this card comes with a 19.99% purchase rate.

How can I use my rewards points in 2021?

Although it doesn’t seem like international travel will be making an appearance anytime soon, it doesn’t mean you have to let your rewards points collect dust. If you are keen to put your points to good use, you might want to peruse your card provider’s rewards store. Here you can use points to purchase a range of items from electronics to homewares. 

Alternatively, you can continue to play the long game and keep your points stash at the ready for when regular international travel resumes again. But just keep in mind that you still will need to keep accruing points on your rewards cards to prevent your points from expiring. 

Want to compare more rewards credit card options? Head on over to our rewards credit card comparison tool

^More information about our Mozo Experts Choice Awards 

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