Best credit cards for frequent flyer points with Qantas and Velocity

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.

“We analysed a total 199 credit 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.


Best Frequent Flyer Credit Card Winners

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Important disclosures
Qantas Money - Qantas Premier Platinum
  • Up to 100,000 bonus points (conditions apply)
  • Earn 1 Qantas point per dollar, up to $10,000 a month, then 0.5 points per dollar
  • $149 annual fee in the first year ($299 after)
Find out more

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, two complimentary airport lounge passes per year and complimentary overseas travel insurance.

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. There’s great value when you’re at home too, with extras like purchase protection and smartphone screen insurance. Plus, the $395 annual fee is cancelled out by the $400 annual travel credit. 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
  • 75 bonus status credits when you book and travel on 2 new Qantas flights by 30 June 2019
  • 2 complimentary Qantas Club lounge invitations each year
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The ANZ Frequent Flyer Black won an award for Best Qantas Frequent Flyer Premium Credit Card - and it’s not surprising given all the extras on offer. This premium card is a favourite with big spending Qantas frequent flyers and the massive bonus points offer is hard to beat. For an annual fee of $425 you’ll earn 1 Qantas point per $1 on regular spends with this card, up to $7,500 a month, then 0.5 points per $1. You'll also enjoy 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
  • 0% on balance transfers for the first 12 months
Find out more

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.

American Express - Qantas Ultimate Card
  • 100,000 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.

This is just a selection of our Mozo Experts Choice Credit Card winners, announced in October 2018. Head over to our dedicated Awards page to see the full list of winners.

The Mozo Experts Choice Awards recognise products that deliver exceptional value or benefits to consumers. Our judges base their decision on hard-nosed calculations of value to the consumer, using Mozo’s extensive product database and research capacity.  Product providers don’t pay to be in the running and we don’t play favourites. Award winners may choose to purchase a licence to use their award in their own marketing and may choose to list products on the Mozo website in a way that may generate revenue for Mozo.



^See information about the Mozo Experts Choice Credit Card Awards

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