Australia's best rewards credit cards of 2020
The only thing better than earning rewards is earning them for the things you already do - like your everyday spending.
With the right rewards credit card you could literally score special offers, travel perks and other extras just for doing the weekly grocery shop. But you’ll need to find the right piece of plastic to do the job. And what better place to start your search than with an award-winner?
Our Mozo Expert judges worked round the clock, assessing 215 personal and 45 business credit card products from 72 Australian financial institutions in total to find the crème de la crème of credit cards. As always they came through with the goods.
Ready to meet Australia’s best rewards credit cards? Ladies and gentleman, allow us to introduce you to some of the winners from the 2020 Mozo Experts Choice Rewards Credit Card Awards**.
American Express - Explorer® Credit Card
- Score 50,000 Membership Rewards Bonus Points (when you spend $3,000 within 3 months)
- $400 Travel Credit annually
- Receive 2 Membership Rewards Points for every $1 spent on eligible purchases.
- Multi-award-winner & Credit Card Provider Of The Year* in the 2020 Mozo Experts Choice Credit Card Awards**
The details:
Filled to the brim with rewards, the American Express Explorer Credit Card offers a whopping 50,000 Membership Rewards Bonus Points to newly approved Card Members who apply online and spend at least $3,000 within the first 3 months and a 20.74% p.a purchase rate. The card comes with a $350 annual fee, but you’ll score $400 Travel Credit each year (which you can redeem on flights, car hire, accommodation or experiences). You’ll also get access to the American Express Lounge at Sydney Airport twice a year. Oh, and did we mention that AMEX won Credit Card Provider Of The Year* in the 2020 Mozo Experts Choice Credit Card Awards, while the Explorer Credit Card won an award in the Premium Rewards Credit Card!
American Express - Qantas Discovery Card
- Earn up to 1.75 points for every $1 spent on eligible purchases
- No annual fees
- Multi-award-winner & Credit Card Provider Of The Year* in the 2020 Mozo Experts Choice Credit Card Awards**
The details:
Brought to you by Mozo Experts Choice Credit Card Provider Of The Year* for the past four years, the American Express Qantas Discovery Card hits the ground running with no annual fees, loads of rewards opportunities and a 20.74% p.a purchase rate. With this card, you could earn up to 1.75 points for every $1 spent on eligible purchases (0.75 Qantas Points per $1 spent on everyday purchases, plus a bonus point per $1 spent on selected Qantas products and services). On top of this, the card comes with a few fab features, like fraud, purchase and refund protection, and the ability to make payments via Apple Pay, Google Pay and Samsung Pay. It even received a 2020 Mozo Experts Choice Credit Card Award in the Qantas Frequent Flyer Credit Card category!**
ANZ - Platinum
- No annual fees in the first year ($87 after)
- 0% p.a. purchase rate for first 17 months (20.24% p.a. after)
- Multi-award-winner in the 2020 Mozo Experts Choice Credit Card Awards*
The details:
The ANZ Platinum Credit Card kicks things off with no annual fees in the first year ($87 after), a 0% p.a. purchase rate for first 17 months (20.24% p.a. after), plus the chance to score a bunch of different rewards. With this card you’ll be able to get your hands on travel benefits, complimentary insurances, platinum concierge, plus other services, including eDine, ANZ wine club and Visa entertainment. And in case you were wondering, it’s even got the Mozo tick of approval, taking out a win in the Premium Card Benefits category in the 2020 Mozo Experts Choice Awards**.
American Express - Qantas Ultimate Card
- Earn 55,000 bonus Qantas Points when you apply online & spend $3,000 in the first 3 months
- Receive $450 Qantas Travel Credit each year
- Multi-award-winner & Credit Card Provider Of The Year* in the 2020 Mozo Experts Choice Credit Card Awards**
The details:
The American Express Qantas Ultimate Card packs a punch with its 55,000 bonus Qantas Points offer which is available to new customers approved who apply online and meet the $3,000 minimum spend requirement within the first 3 months (new Card Members only). On top of this, the card comes with a 20.74% p.a purchase rate and gives you the chance to earn 1.25 Qantas Points for every $1 spent on eligible purchases (points are uncapped and don’t expire). While the card comes with a steep $450 annual fee, AMEX essentially makes up the difference by giving you a $450 Qantas Travel Credit each year. But the real icing on the cake is that this card won a 2020 Mozo Experts Choice Award in the Qantas Frequent Flyer Premium Credit Card category**.
Click here to see the 2020 Mozo Experts Choice Credit Card Awards full winner-list or head over to the methodology report to read up on all the assessment criteria details.
For more options, check out our rewards credit card comparison tool.
*Click here for more information about the 2020 Mozo Experts Choice Awards for Credit Cards.
**Click here for more information about the 2020 Mozo Experts Choice Awards for Rewards Credit Cards.
^See information about the Mozo Experts Choice Credit Card Awards
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