Best credit cards for frequent flyer points with Qantas and Velocity

Kelly Emmerton   |   24 Oct 2018


There’s one thing Aussies love more than travel - travelling for free!

Mozo recently announced our Mozo Experts Choice Credit Card Awards and one thing was abundantly clear: there’s plenty of value to be found for spenders looking to plump up their Frequent Flyer point stash - as long as you know where to look for it.

“This year, we analysed a total 199 cards from 67 providers. It was clear the Frequent Flyer cards were a huge category that many Aussies were really interested in, so we crunched the numbers to help people pinpoint the kind of card that’s perfect for them,” Mozo Data Manager Peter Marshall said.

So, ready to start spending your way to a free flight? Here are some of our editors top picks from the Qantas Frequent Flyer and Velocity Frequent Flyer Award categories.


Qantas Money Qantas Premier Platinum Credit Card
  • Up to 100,000 bonus points (conditions apply)

  • Complimentary overseas travel insurance

  • $149 annual fee in the first year ($299 after)

Want to travel in style? The Qantas Money Qantas Premier Platinum comes with 70,000 bonus points when you spend $3,500 within 90 days of card approval and an extra 30,000 bonus points after first anniversary of the card. Plus, cash in on freebies like discounts on domestic Qantas flights and two complimentary airport lounge passes per year.


American Express Explorer® Credit Card
  • 50,000 bonus points when you apply online and spend $3,000 within 3 months

  • $400 travel credit each year

  • Earn 2 rewards points for every $1 spent

For all the globe trekking explorers out there, this popular American Express card comes with free international travel insurance, 2 complimentary lounge entries at Sydney International Airport and uncapped points earning power. Plus there’s great value when you’re at home too, with extras like purchase protection and smartphone screen insurance. No wonder it took out an award in the Velocity Frequent Flyer Premium Credit Card category.


ANZ Frequent Flyer Black
  • 120,000 bonus Qantas Points + $150 cashback when you spend $7,500 in the first 3 months

  • 2 Qantas Club Lounge visits each year

  • Save up to $475 in your first year of Qantas Club membership

The ANZ Frequent Flyer Black took home an award in the Qantas Frequent Flyer Premium Credit Card category - and it’s not surprising given all the extras on offer. You’ll earn 1 point per $1 on regular spends with this card, up to $7,500 a month, but where the value really lies is in the complimentary perks like a concierge service, international travel insurance, extended warranty and price guarantee.


American Express Velocity Escape Card
  • $0 annual fee

  • Double Velocity points on spends with Virgin Australia

  • Spend with Apple Pay, Google Pay, Samsung Pay

Want all the points earning power without the price tag? The American Express Velocity Escape Card has no annual fee, a regular points earn rate of 0.75 points per $1 spent (1 point per $1 until 14 April 2019) and to top it all off, just took out an award in the Velocity Frequent Flyer Credit Card category. It also comes with perks including purchase protection and up to 4 additional cardholders for no extra fee.


Virgin Money Virgin Australia Velocity High Flyer Card - Bonus Points Offer
  • Get up to 30,000 bonus Velocity points

  • Earn up to 1 point per dollar on your everyday spend, up to $8,000 per month

  • 0% balance transfer offer for 15 months

Love Velocity points? Then you'll be flying high with this deal. Right now you can earn up to 30,000 bonus Velocity points just by spending $3,000 on eligible transactions in your first three months. The Velocity High Flyer card has one of the strongest Velocity points earn rates available on Visa, at 1 point per dollar spent on everyday transactions up to $8,000 a month, then 0.5 points after that, uncapped. Plus, Virgin Money is throwing in an annual $129 Virgin Australia gift voucher and a seriously good 0% balance transfer offer to seal the deal.


American Express Qantas Ultimate Card
  • 55,000 bonus Qantas Points when you apply online and spend $3,000 within 3 months

  • $450 annual Qantas travel credit

  • Earn 1.5 Qantas Points per $1 spent on eligible purchases until April 14 2019

Winner in the Qantas Frequent Flyer Premium Credit Card category, the American Express Qantas Ultimate is a top companion for any dedicated Aussie traveller. It comes with a tonne of points earning potential, plus perks like complimentary Qantas Club and American Express Lounge invitations, complimentary Qantas Wine Premium Membership and free international travel insurance.

Want to see more card offers that come with great rewards point value? Visit our dedicated rewards card hub today, to compare over 120 rewards cards side by side.

Alternatively, head over to the Mozo Experts Choice Credit Card Award page to see the full list of award winners.

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