5 credit card rewards hacks to earn you more in 2018

Tom Watson

23 Jan 2018

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If your New Year's resolution was to get more bang for your buck in 2018, finding a generous credit card that will provide you with some serious rewards is a great place to start.

But according to the 2017 Mozo Rewards Card Survey, the value of rewards cards has been trending downwards in recent years, with the average net value of a card revealed to be just $27 per year. So how can you find a card that’s truly rewarding?

Whether you’re interested in earning frequent flyer points, grabbing a cashback deal or just taking advantage of some handy complimentary card features, these five credit card hacks will make sure that your credit card (and your 2018) is as rewarding as possible.   

1. Grab yourself a bumper sign on bonus

If you’re looking for a more rewarding credit card in 2018, one of the best places to start is by comparing bonus points offers. With anything from 30,000 all the way up to 100,000 frequent flyer or provider points on offer for new cardholders, all you’ll need to do is fulfill the conditions in order receive your points haul (usually a minimum spend).

For instance, the ANZ Frequent Flyer Black card currently has a 75,000 bonus Qantas Points offer for new cardholders who spend $2,500 on eligible purchases within the first three months. To put that in perspective, those points could get you a one way ticket to London with 15,000 points left over!

2. Maximise your points earning

Depending on your card, a standard points earning rate could be anything from 0.5 points per $1 spent to 1.5 points per $1, so maximising the number of points you earn by spending strategically on offers that give an even higher earn rate (how’s 2.5 points per $1 sound?) could really boost your stash.

But what are some of the most rewarding ways to spend? Again, it depends on your card, but  making purchases overseas, at certain supermarkets, restaurants, hotels and even petrol stations could all attract a more generous points earning rate.

3. Get the most out of freebies

Many Aussies will be aware that their credit cards come with points earning potential and other perks like free flights, but did you know that piece of plastic in your pocket could also provide you with complimentary travel insurance and a whole heap of other handy benefits?

Platinum rewards cards generally offer a range of complimentary perks including concierge service, extended warranty on certain appliances purchased on the card, price protection and, perhaps most useful for frequent travelers, travel insurance. So to make sure you’re getting the most value and most rewarding experience out of your card, don’t forget about all of these useful extras.  

4. Cash in on cashback offers

While earning points can be seriously rewarding, sometimes the most alluring credit card reward can just be cold hard cash. There are several ways you could be earning cashback on your card - simply by signing up for a new card or hitting a minimum spend in a certain time period.  

For example, the Low Rate Credit Card from the Commonwealth Bank is currently offering new customers $300 cashback when they spend $1,000 within the first 90 days (if they apply by 4 February 2018).

5. Double your earning power

This may be the easiest hack of all, but many Aussies aren’t aware that they can have additional cardholders using the same card! Not every card allows multiple cardholders, but if you decide to opt for one that does with a partner or family member, that could mean a whole heap of extra points (and thus extra rewards).

So if you’ve decided to use of these hacks to make your 2018 as rewarding as possible, make sure you find yourself a piece of plastic to match your ambition at the Mozo rewards credit card comparison hub, or check out these great offers below.

Bumper bonus point earners - rates updated daily

  • Apply By 30 April 2019

    Qantas Money Qantas Premier Platinum

    Receive 70,000 bonus Qantas Points when you spend $3,500 within 90 days of card approval, and an additional 30,000 bonus points after the first anniversary of the card. $299 per year. Special Offer- $149 annual fee for the first year, offer ends 30 April 2019.

    Qantas Frequent Flyer

    $299 $149 in the first year

    100,000

    1 point up to $10,000/month, then
    0.5 points uncapped

    • -

    • 19.99% p.a.

    • 0% p.a. for 18 months and then 21.99% p.a.

    • 21.99% p.a.

    • 55

    • 3.00%

    • $10.00

    • 1 point per dollar on Mastercard, up to $10,000 per month, then
      0.5 points per dollar on Mastercard, uncapped

    • Never

    • 100,000

    • 8,000 points

    • 120,000 points

    • 17,120 points

    • • Concierge

      • Travel Insurance

    Read our Mozo Review to learn more about the Qantas Premier Platinum

    Details Close

  • Apply By 31 March 2019

    ANZ Frequent Flyer Black

    Snap this one up and score 120,000 Bonus Qantas Points and $150 cashback to your new card by spending $7,500 in the first 3 months. Plus, if you love to fly, book and travel on two new Qantas flights by 30 June 2019 to earn 75 Bonus Status Credits (T&Cs apply). Winner Mozo Expert Choice Award 2018 - Premium Card Benefits.^

    Qantas Frequent Flyer

    $425

    120,000

    1 point up to $7,500/month, then
    0.5 points uncapped

    • -

    • 19.99% p.a.

    • No current offer

    • 21.49% p.a.

    • 55

    • 3.00%

    • $20.00

    • 1 point per dollar on Visa, up to $7,500 per month, then
      0.5 points per dollar on Visa, uncapped

    • Never

    • 120,000

    • 8,000 points

    • 120,000 points

    • 17,120 points

    • • Concierge

      • Travel Insurance

      • Extended Warranty

      • Purchase Protection

      • Rental Car Excess Cover

      • Guaranteed Pricing

    Read our Mozo Review to learn more about the Frequent Flyer Black

    Details Close

  • Apply By 31 March 2019

    Citi Signature

    Up to 300,000 bonus points (conditions apply) & Complimentary features like travel insurance and concierge

    Citi Rewards

    $395 50% off annual fee when you spend $48,000 in the preceding year., $195 in the first year

    300,000

    1 point uncapped

    • -

    • 20.99% p.a.

    • 0% p.a. for 12 months and then 21.74% p.a.

    • 21.74% p.a.

    • 55

    • 3.40%

    • $30.00

    • 1 point per dollar on Visa, uncapped

    • Never

    • 300,000

    • 19,500 points

    • 299,000 points

    • 18,900 points

    • • Concierge

      • Travel Insurance

      • Extended Warranty

      • Purchase Protection

    Read our Mozo Review to learn more about the Signature

    Details Close

  • Apply By 14 April 2019

    American Express Qantas Ultimate Card

    Receive a whopping 100,000 bonus Qantas Points when you apply online by 14 April 2019, are approved, and spend $3,000 on your new Card within the first 3 months. This offer is available to new Card Members only. Plus, until 14 April 2019 you'll earn an extra 0.25 Qantas Points per $1 spent on purchases, except for spends at government bodies in Australia. For eligibility, simply earn above $65,000 and have a good credit score. Credit Card Provider of the Year in the Mozo Experts Choice Awards 2018.^

    Qantas Frequent Flyer

    $450

    100,000

    1.25 points uncapped

    • -

    • 20.74% p.a.

    • 0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)

    • 44

    • 3.00%

    • $30.00

    • 1.25 points per dollar on Amex, uncapped

    • Never

    • 100,000

    • 8,000 points

    • 120,000 points

    • 17,120 points

    • • Travel Insurance

      • Purchase Protection

      • Account alerts by SMS

    Read our Mozo Review to learn more about the Qantas Ultimate Card

    Details Close

  • NAB Qantas Rewards Signature Card

    NABs fastest way to earn Qantas Points. 90,000 bonus Qantas Points when you spend $4,000 on everyday purchases within 60 days of account opening.

    Qantas Frequent Flyer

    $395 $295 in the first year

    90,000

    1 point up to $5,000/month, then
    0.5 points up to $20,000/month

    • -

    • 19.99% p.a.

    • 0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

    • 21.74% p.a.

    • 44

    • 3.00%

    • $15.00

    • 1 point per dollar on Visa, up to $5,000 per month, then
      0.5 points per dollar on Visa, up to $20,000 per month

    • Never

    • 90,000

    • 8,000 points

    • 120,000 points

    • 17,120 points

    • • Concierge

      • Travel Insurance

      • Extended Warranty

      • Purchase Protection

      • Guaranteed Pricing

      • Domestic Hotel Burglary Insurance

    Read our Mozo Review to learn more about the Qantas Rewards Signature Card

    Details Close

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