Rewards Credit Card Mozo Experts Choice Awards 2024

Standout Winners

Rewards Credit Card Provider Of The Year

American Express has once again won the Rewards Credit Card Provider award this year, securing victories in the majority of the Mozo Experts Choice Awards categories for the best rewards cards. American Express offers a fantastic range of credit cards for customers looking to benefit from loyalty programs.

Five different Amex cards were recognised as winners for the rewards benefits:

• Explorer Credit Card
• Qantas Discovery Card
• Qantas Ultimate Card
• Velocity Escape Card
• Velocity Platinum Card

Congratulations to:

American Express

Travel Credit Card Provider Of The Year

Bankwest also has been named Travel Credit Card Provider Of The Year, winning in all travel credit card categories: Low Rate Travel Credit Card, Platinum Travel Credit Card, Rewards Travel Credit Card.

Their exceptional performance in the travel credit card category earned them the Travel Credit Card Provider Of The Year title.

Congratulations to:

Bankwest

Rewards Credit Card

Cards with rewards can be very attractive, but there are a lot of them, and each is a bit different from the rest, so how to find the best one for you? At Mozo we developed a way of taking into account the number of points earned for every dollar spent, then calculating the value of some items commonly redeemed for those points. We wrapped it all up with the cost of the annual fee and awarded  the cards that are more rewarding than the rest according to our assessment.

Congratulations to:

Coles and Kogan Money

Premium Rewards Credit Card

Fees can be larger on a premium rewards card than on a standard card, but so too can the rewards. We ran our calculations to find which platinum, black, and titanium cards give the best rewards for your money, and these came out on top.

Congratulations to:

American Express, Bank of Queensland, Citi, Commonwealth Bank, HSBC, Macquarie, and Suncorp

Cashback Premium Credit Card

Many credit card holders prefer the simplicity and benefits of cashback-based rewards that can be redeemed as opposed to gift cards. To find the best premium cashback cards our judges assessed the value of cash based redemptions on a higher spend level than the average cashback credit card.

Congratulations to:

American Express, Commonwealth Bank, HSBC, ING, and Macquarie

Qantas Frequent Flyer Credit Card

Rewards cards that earn Qantas Frequent Flyer points can be great value, particularly for people who travel often and use Qantas services regularly. To find the winner in this category our judges not only looked at the value of rewards points that can be earned, but also any ongoing discounts including free or discounted flights and lounge access.

Congratulations to:

American Express

Qantas Frequent Flyer Premium Credit Card

To find the best premium Qantas Frequent Flyer rewards cards our judges assessed the value of points earned on a higher spend level than for the previous category, then assessed the value of any ongoing discounts including free or discounted flights and lounge access.

Congratulations to:

American Express, ANZ, Bankwest, G&C Mutual Bank, HSBC, and Qantas Money

Velocity Frequent Flyer Credit Card

Many rewards programs allow their rewards points to be converted into Velocity Frequent Flyer points where they can be used to help pay for flights. To find the winners in this category our judges not only looked at the value of rewards points that can be earned, and any conversion ratio that may apply, but also any ongoing discounts including free or discounted flights and lounge access.

Congratulations to:

American Express and Coles

Velocity Frequent Flyer Premium Credit Card

To find the best premium Velocity Frequent Flyer rewards cards we assessed the value of points earned on a higher spend level than for the category, then assessed the value of any ongoing discounts including free or discounted flights and lounge access.

Congratulations to:

American Express, BOQ Specialist, HSBC, and Virgin Money

Premium Card Benefits

This award is presented to the card issuers that offer the leading suites of insurance and other card benefits on their platinum or higher tiered credit cards. Things like emergency card replacement cost, concierge service and insurances such as international travel, domestic rental car excess cover, and purchase protections were things factored in the award criteria.

Congratulations to:

NAB

Platinum Travel Credit Card

Travel credit card categories identify the credit cards that offer the best value for people travelling overseas. In this category all Platinum cards were assessed, and the best options are awarded below.

Congratulations to:

Bank First, Bankwest, Bendigo Bank, and Macquarie

Low Rate Travel Credit Card

The Low Rate Travel Credit Card category considered all cards with a purchase rate of less than 15%. This assessment for this category looked at the annual fee for holding the card as well as the foreign exchange margin that would be charged on purchases outside Australia.

Congratulations to:

Bank First, Bankwest, HSBC, and Westpac

Rewards Travel Credit Card

All the cards that offer a rewards program were considered in this category. The judges looked for credit cards that did not charge a foreign exchange margin, offer a rewards program so you can earn points for your travel, and provide travel insurance with a reasonable policy activation requirement and solid medical and cancellation cover.

Congratulations to:

Bankwest, Commonwealth Bank, and Macquarie