Best Qantas Frequent Flyer credit card sign-up offers

Ignite your Qantas Points balance with our roundup of the best credit card sign-up deals, beginning at a hefty 150,000 points.

By Chris Chamberlin, May 4 2021
Best Qantas Frequent Flyer credit card sign-up offers
Disclaimer

Executive Traveller may receive a commission when you apply for these credit cards via our links.

The information provided on this page is purely factual and general in nature. You should seek independent advice and consider your own personal circumstances before applying for any financial product.

With up to 150,000 bonus Qantas Points to be had from a single application, May's collection of top Qantas Frequent Flyer credit card deals give you a great opportunity to stock up on points ahead of your next big trip.

Whether you're hunting for a new Visa, Mastercard or American Express card to boost your frequent flyer balance, here are this month's top public, personal credit card sign-up deals from American Express, ANZ, Bank of Melbourne, BankSA, Bankwest, Commonwealth Bank, NAB, Qantas Money, St.George and Westpac. 

Here are the 15 best Qantas Frequent Flyer credit card sign-up offers

1. Qantas Premier Titanium Mastercard

Sign-up Bonus: Apply by June 30 2021 and spend $5,000 within 90 days of approval to earn 150,000 bonus Qantas Points.

Rewards: Earn 1.25 Qantas Points per $1 spent in Australia up to $12,500 per month, lowering to 0.5/$1 thereafter until the next statement period. Plus, an extra two Qantas Points per $1 spent on eligible Qantas charges. International spend provides a flat earn rate of 2 Qantas Points per A$1.

Annual Fee: $1,200, plus $100 per year per additional cardholder (up to four additional cards).

2. ANZ Frequent Flyer Black

Sign-up Bonus: Pocket 120,000 bonus Qantas Points and $200 back to your new card when you apply and spend $3,000 on eligible purchases in the first three months from approval.

Rewards: You can earn one Qantas Point per $1 spent on everyday purchases up to and including $7,500 per month, and 0.5/$1 thereafter. Plus, one additional point per $1 spent on selected Qantas products and services in Australia.

Annual Fee: $425, although taking into account the $200 statement credit in the first year, the 'cost' of the annual fee drops to $225 in the first year. The full $425 annual fee applies from year two. A $65/year fee also applies per additional cardholder.

3. Westpac Altitude Black Mastercard

Sign-up Bonus: Westpac's Altitude Black Mastercard comes with up to 120,000 bonus Qantas Points for eligible new customers who apply by September 7 2021, select Altitude Qantas as their rewards option and meet the spending requirements.

Initially, you'll get 90,000 bonus Qantas Points when you apply by that date and spend $4,000 or more on eligible purchases within 90 days of new card approval. Then, a further 30,000 bonus Qantas Points after making the first eligible purchase in the second year of your card account being active.

Rewards: Eligible purchases generate 0.75 Qantas Points per $1 spent, excluding ATO payments.

Annual Fee: A $250 annual card fee applies, plus the bank's $50/year Qantas Rewards fee to earn Qantas Points, although there's no extra charge for an additional cardholder.

4. NAB Qantas Rewards Signature Card

Sign-up Bonus: Begin with 90,000 bonus Qantas Points when you apply and spend $3,000 within the first 60 days, plus, 20,000 bonus Qantas Points when you keep your card for over 12 months, for up to 110,000 bonus Qantas Points in total. Just note, NAB warns that this offer may end at any time.

Rewards: Take home one Qantas Point per $1 spent up to $5,000 per month, and 0.5 Qantas Points per $1 on monthly spends of $5,001-$20,000. No points are awarded on monthly spends exceeding $20,000, or on ATO payments at any time.

Annual Fee: $295 in the first year, and $395 every year thereafter: including on the first card anniversary, which is payable in order to receive the second part of your sign-up bonus.

5. AMEX Platinum Charge Card

Sign-up Bonus: Start with 150,000 bonus Membership Rewards points when you apply online, are approved and spend $3,000 within the first three months. Plus, and additional 50,000 bonus MR points in the second year, upon fee renewal.

As AMEX Platinum Charge Card holders can convert Membership Rewards points into Qantas Points at a 2:1 rate, that's a total reward worth up to 100,000 bonus Qantas Points.

Rewards: Most purchases earn 2.25 Membership Rewards points per dollar spent, being 1.125 Qantas Points. Except, that is, for government payments, which earn one Membership Rewards point per dollar spent: 0.5 Qantas Points.

Annual Fee: There's a hefty $1,450 annual fee, although the points you can earn are uncapped, and the card offers an extensive range of travel benefits including unlimited airport lounge access, complimentary hotel status and more.

6. St. George Amplify Signature Visa with Qantas Points

Sign-up Bonus: Apply for the Amplify Signature with Qantas Points card by September 28 2021 and spend $6,000 on eligible purchases within 90 days of card approval to earn 90,000 bonus Qantas Points.

Rewards: You'll take home 0.75 Qantas Points per $1 spent on eligible purchases – plus a 10% 'birthday bonus' awarded in the month of your special day – taking that to 0.825 Qantas Points per $1 spent.

Bank disclaimer: Eligible purchases do not include interest, fees and charges, cash or ATM cash advances, cash equivalent transactions, gambling transactions, a purchase from or payment to a local, state or federal government or government related agency, BPAY or similar transactions (such as Post Billpay), refunds and balance transfers debited to the card account.

Annual Fee: $279, with no additional cardholder fee.

This same bonus points offer is also available on the near-identical Bank of Melbourne Amplify Signature Visa with Qantas Points and the BankSA Amplify Signature Visa with Qantas Points credit cards.

7. Qantas Premier Platinum Mastercard

Sign-up Bonus: Eligible new Qantas Premier Platinum Mastercard customers could earn 80,000 bonus Qantas Points when applying by August 4 2021 and spending $4,000 or more on eligible purchases within three months of card approval.

Plus, get 80 Bonus Status Credits when you make an eligible purchase by September 4 2021.

Rewards: Earn 1 Qantas Point per $1 spent in Australian dollars up to $10,000 per month, reducing to 0.5/$1 thereafter – except on government transactions which earn no points. Collect one bonus Qantas Point per dollar spent on selected Qantas products and services in Australia, over and above the applicable 'everyday' earning rate. All international transactions provide 1.5 Qantas Points per $1 spent, uncapped.

Annual Fee: $225 for the first year, reverting to $299 p.a. thereafter. A $50/year charge also applies when having an additional cardholder on the account.

8. ANZ Frequent Flyer Platinum

Sign-up Bonus: Apply and you could take home 75,000 bonus Qantas Points plus $150 back to your card when you spend $2,500 on eligible purchases in the first three months from approval.

Rewards: You can also earn 0.75 Qantas Points per $1 spent on eligible purchases up to and including $3,000 per monthly statement period, reverting to 0.5 Qantas Points per $1 spent thereafter. Plus, one bonus Qantas Point per dollar spent on selected Qantas products and services.

Annual Fee: $295, but with the $150 cashback offer for eligible new customers, the net cost is reduced to $145 in year one. A $65 fee applies per additional cardholder.

9. Citi Premier Qantas Mastercard

Sign-up Bonus: New customers who apply by August 31 2021 and spend $4,000 in the first 90 days from approval on the Citi Premier Qantas Mastercard can receive 75,000 bonus Qantas Points.

Rewards: On eligible Mastercard spend, earn 1 Qantas Point per $1 charged overseas, and in Australia when shopping online. All other eligible transactions within Australia earn 0.5 Qantas Points per dollar spent. A cap of 100,000 Qantas Points applies per 12 month period.

Separately, the optional Linked Diners Club Card generates a flat 1 Qantas Point per dollar spent on eligible purchases at home and abroad, without capping. As with Citi's other cards, points aren't earned on government and government-related transactions.

Annual Fee: $175 in the first year, and in each subsequent year if you spend $48,000 on eligible purchases or cash advances in the previous year – otherwise $350. The Linked Diners Club Card is available at no extra charge.

10. St.George Amplify Platinum Visa with Qantas Points

Sign-up bonus: Apply for the Amplify Platinum with Qantas Points card by September 28 2021 and spend $3,000 on eligible purchases within 90 days to earn 60,000 bonus Qantas Points.

Rewards: Earn 0.5 Qantas Points per $1 spent on eligible purchases, uncapped.

Bank disclaimer: Eligible purchases do not include interest, fees and charges, cash or ATM cash advances, cash equivalent transactions, gambling transactions, a purchase from or payment to a local, state or federal government or government related agency, BPAY or similar transactions (such as Post Billpay), refunds and balance transfers debited to the card account.

Annual Fee: $99, with no additional cardholder fee, or separate fee for earning Qantas Points.

A similar offer of 60,000 bonus Qantas Points is also available on the near-identical Bank of Melbourne Amplify Platinum with Qantas Points and the BankSA Amplify Platinum with Qantas Points credit cards.

11. Westpac Altitude Platinum Mastercard

Sign-up Bonus: Apply by September 7 2021 and spend $3,000 on eligible purchases within 90 days of card approval to earn 60,000 bonus Qantas Points.

Rewards: Earn 0.5 Qantas Points per $1 spent on everyday purchases, uncapped. This excludes government spend such as ATO payments.

Annual Fee: In the first year, get a discounted base annual fee of $99 (plus a $50 annual Qantas Rewards fee). From the second year onwards, the card's normal $150 annual fee applies (again plus the $50 annual Qantas Rewards fee). You can apply here.

12. Qantas American Express Ultimate Card

Sign-up Bonus: Apply for the Qantas AMEX Ultimate Card as a new AMEX card member and spend $3,000 on purchases within the first three months to earn 55,000 bonus Qantas Points.

Rewards: Reel in 1.25 Qantas Points per $1 spent on most purchases, except on selected Qantas products and services in Australia where you'll earn a higher 2.25 Qantas Points per $1, and on government spend where the earn rate is reduced to 0.5/$1.

Annual Fee: $450, with no additional cardholder fee.

13. Commonwealth Bank Diamond, Ultimate Awards Mastercards

With identical offers across two cards from the same bank, the CBA Diamond Awards Mastercard and the CBA Ultimate Awards Mastercard share 12th place.

Sign-up Bonus: Eligible new Diamond Awards or Ultimate Awards customers can earn 90,000 bonus CBA Awards points when applying by September 30 2021 and spending $5,000 on eligible purchases within 90 days of card activation.

Plus, get 30,000 bonus CBA Awards points when you keep your card for one year, for a total of up to 120,000 bonus CBA Awards points.

When opted-in for Qantas Frequent Flyer Direct as allows you to earn Qantas Points, that full bounty becomes equal to 48,000 bonus Qantas Points, when those CBA Awards points are automatically converted into Qantas Points at a 2.5:1 rate.

Rewards (Diamond Awards): Via Qantas Frequent Flyer Direct, earn the equivalent of 0.5 Qantas Points per $1 spent on eligible purchases (1.25 CBA Awards points), up to 400,000 Qantas Points (1,000,000 Awards points) per year in total. No points are earned on ATO payments, however.

Rewards (Ultimate Awards): Earn 3 Awards points (1.2 Qantas Points) per $1 spent on international transactions; 2 Awards points (0.8 Qantas Points) per $1 spent at major supermarkets, department stores and petrol stations; and 1 Award point (0.4 Qantas Points) per $1 spent elsewhere. However, all monthly spending above $10,000 (regardless of category) earns rewards at the reduced rate of 0.5 Awards points (0.2 Qantas Points) per $1 spent.

Annual Fee (Diamond Awards): $349, plus $10/year for an additional cardholder, plus $30/year to opt-in for Qantas Frequent Flyer Direct.

Annual Fee (Ultimate Awards): There's a monthly fee of $35, which is waived if you spend at least $2,500 in your statement period and receive statements electronically, with no fee for an additional cardholder. However, the $30/year fee for Qantas Frequent Flyer Direct also applies.

14. Commonwealth Bank Platinum Awards Mastercard

Sign-up Bonus: Apply for the CBA Platinum Awards Mastercard by September 30 2021 and you could earn 60,000 bonus CBA Awards points after spending $4,000 on eligible purchases within 90 days of card activation.

Plus, get a further 20,000 bonus CBA Awards points when you keep your card for one year, for a total of up to 80,000 bonus CBA Awards points.

Via Qantas Frequent Flyer Direct which automatically converts your CBA Awards points into Qantas Points every month, that total bonus is worth 32,000 Qantas Points.

Rewards: Through CommBank Awards and Qantas Frequent Flyer Direct, you'll get 0.4 Qantas Points (1 Awards point) per $1 spent, up to a maximum of 60,000 Qantas Points (150,000 Awards points) per year. No points are provided on ATO payments, however.

Annual Fee: $249, plus $10/year for an additional cardholder, plus $30/year for Qantas Frequent Flyer Direct.

15. Qantas American Express Premium Card

Sign-up Bonus: Receive 30,000 bonus Qantas Points when you apply online for the Qantas AMEX Premium Card, are approved, and spend $3,000 on your new card in the first three months from the card approval date.

Rewards: Most purchases made using the card earn one Qantas Point per $1 spent, uncapped. However, this is doubled (2/$1) on spends made directly with Qantas, and halved (0.5/$1) at government bodies in Australia, such as at Australia Post and the ATO.

Annual Fee: $249, with no fee for additional cardholders (up to 4).

How we ranked and rated these cards

Ranking criteria

This page provides a list of the most rewarding Qantas Frequent Flyer credit card sign-up offers in Australia, as available at the time of publishing.

This list includes personal credit cards and general, public sign-up offers, but does not include business or corporate credit cards, or deals that are private, restricted or targeted, including special offers made available only via specific marketing channels, which don't mirror a card issuer's standard website offer.

Any offers targeted to Executive Traveller readers are the exception to this, as these offers may provide more points or reduced fees compared to a bank's standard public offering.

Credit cards listed above as part of this 'top 15' appear in descending order based on the total number of Qantas Points offered via the card's sign-up bonus.

Where more than one card is offering the same number of bonus points, other factors such as annual fees, minimum spend requirements, points earning rates for ongoing purchases, ongoing benefits and sign-up incentives such as statement credits are considered in determining rank.

Ranking updates

These rankings were most recently reassessed on May 4 2021, based on the best available offers from each card issuer as available directly through each card issuer's website.

Changes throughout April began with the downgrading of the Qantas AMEX Ultimate Card offer from 100,000 to 55,000 bonus Qantas Points, along with a reduction in points on the Qantas Premier Platinum Mastercard, from 100,000 to 80,000 bonus Qantas Points.

That said, Qantas Premier Platinum has reintroduced bonus Qantas Status Credits for eligible customers, which were not offered in April.

Other recent changes include the extension of CBA's Platinum Awards offer until September, and a slight boost to the value of the CBA Diamond and CBA Ultimate card offers, which have also been extended until September.

However, CBA's trio of deals come with a new caveat, being that cardholders need to keep the card open for over a year to earn the full suite of bonus points, which means paying two annual fees (and two Qantas Frequent Flyer Direct yearly fees also).

What are frequent flyer credit cards and how do they work?

As the name suggests, frequent flyer credit cards allow people to earn frequent flyer points from their credit card purchases – with Qantas Frequent Flyer credit cards naturally awarding Qantas Points on those spends.

Unlike some other programs, Qantas Frequent Flyer usually requires credit card holders to have a Qantas-branded or Qantas-affiliated credit card in order to earn Qantas Points, rather than being able to convert bank rewards points into Qantas Frequent Flyer points, with a few exceptions.

Usually, these credit cards offer a certain number of frequent flyer points for every $1 spent on the card, and that earning rate may change depending on how much the cardholder has spent every month or in that year. These points are usually credited directly to the cardholders' nominated frequent flyer account monthly.

Pros & cons of frequent flyer credit cards

While credit cards that earn frequent flyer points can be highly rewarding for those who make the most of them, they do tend to come with higher annual fees than credit cards with no points attached.

Those annual fees can sometimes be offset by features included with each credit card – such as airport lounge access, travel vouchers/credits, complimentary flights or insurance cover – or from the value of the points earned via the card and the rewards they can unlock, but this does vary from card to card, and may also vary depending on how much a cardholder spends every year, as the number of points earned usually aligns with cardholder expenditure.

Frequent flyer credit cards can also have higher interest rates on purchases and cash advances than non-frequent flyer cards, particularly 'low rate' cards.

While most credit cards levy no interest charges when paying the statement closing balance in full and on time every month (these being 'interest-free days'), people who need to carry a balance from month to month – either occasionally, or regularly – may find that those interest charges exceed the value of the rewards and features received, and may prefer a card with a lower interest rate.

Some higher-tier credit cards, particularly those offering the highest number of points, may also have higher minimum income requirements than entry-level credit cards, along with higher minimum credit limits, both of which can make them harder to qualify for.

As well, some types of cards – particularly American Express and Diners Club – are not as widely accepted as the likes of Visa or Mastercard, or may attract higher credit card surcharges when used, so although the number of points earned per dollar spent may be higher, they may be fewer opportunities to do so, or there may be an additional cost to doing so.

On the plus side, using a frequent flyer credit card effectively can help unlock extensive rewards ranging from free flights and upgrades to business class through to perks like airport lounge access, discounts when purchasing flights and more, with interest charges generally not applying to those who spend only within their means and pay the full closing balance every month.

Qantas Frequent Flyer credit card FAQs

Can you combine frequent flyer miles and points?

In the Qantas Frequent Flyer scheme, yes, eligible family members can transfer Qantas Points between their accounts at no charge. This can be useful in a household where both members of a couple are earning Qantas Points, as these can be combined in order to book a flight.

Can you link Qantas Frequent Flyer accounts?

Not directly, but you can transfer Qantas Points between family accounts as above.

Can I earn miles or points if I buy a ticket for someone else?

Yes. While the traveller may earn their own miles or points from the flight itself (depending on the airline and airfare), purchasing a flight is just like any other transaction, with the credit cards above offering a certain number of Qantas Points per dollar spent on purchases, including airfares.

Can I use Qantas Points to buy a ticket for someone else?

Yes, provided the traveller is an eligible family member or a domestic partner. Just note, frequent flyer points (and status credits) are generally not earned on flights booked using points: only on eligible paid airfares.

Table: 15 best Qantas Frequent Flyer credit card sign-up offers

Credit card

Bonus Qantas Points

Qantas Points per $1 spent *

Annual fee

Other benefits

Qantas Premier Titanium

150,000

1.25 (0.5 above $12.5k/m)

$1,200

Two Qantas First Lounge invitations per year + 20% bonus status credits

ANZ Frequent Flyer Black

120,000

1 (0.5 above $7.5k/mo)

$425

Get $200 back to your new card

Westpac Altitude Black Mastercard (with Altitude Qantas)

Up to 120,000

0.75

$300 total

Uncapped and tier-free points earning, Qantas lounge passes

NAB Qantas Signature

Up to 110,000

1 (0.5 above $5k, nil above $20k/mo)

$295 (yr 1)
$395 (yr 2-)

Earn an extra Qantas Point per $1 spent with Qantas

AMEX Platinum Charge Card

Up to 100,000

1.125

$1,450

Unlimited lounge access, hotel status boosts

St.George Amplify Signature with Qantas Points

90,000

0.825 (incl. B'day Bonus)

$279

Two yearly Qantas Club lounge passes, no additional cardholder fee

Qantas Premier Platinum

80,000

1 (0.5 above $10k/mo)

$225 (yr 1)
$299 p.a. (yr 2-)

Two Qantas Club lounge passes each year

ANZ Frequent Flyer Platinum

75,000

0.75 (0.5 above $3k/mo)

$0
(yr 1)
$295 (yr 2-)

Get $150 back to your new card

Citi Premier Qantas Mastercard

75,000

0.5

$175
(yr 1)
$350 (yr 2-)

Continue paying the reduced $175 fee when you spend $48,000 per year

St.George Amplify Platinum with Qantas Points

60,000

0.5

$99

Low annual fee with travel insurance, no points capping

Westpac Altitude Platinum Mastercard (with Altitude Qantas)

60,000

0.5

$99 (yr 1)
$200 total (yr 2-)

No points capping or additional cardholder fee, travel insurance

Qantas AMEX Ultimate

55,000

1.25

$450

$450 Qantas Travel Credit, AMEX & Qantas lounge passes

CBA Diamond & Ultimate Awards

Up to 48,000

Diamond: 0.5
Ultimate: 0.4 (0.2 above $10k/mo)

D: $379
U: $35x12 +$30/y

$35 monthly card fee waived on Ultimate with $2.5k/mo spending

CBA Platinum Awards

Up to 32,000

0.4

$279

Annual fee indicated includes the $30/yr QFF Direct fee

Qantas AMEX Premium Card

30,000

1

$249

Qantas lounge passes, Qantas Wine Premium

* Qantas Points earned per $1 spent is based on everyday eligible purchases on transactions within Australia. Some spending categories may earn more, fewer or no points on each card, such as government transactions, overseas purchases, spend directly with Qantas, etc.

Disclaimer

Executive Traveller may receive a commission when you apply for these credit cards via our links.

The information provided on this page is purely factual and general in nature. You should seek independent advice and consider your own personal circumstances before applying for any financial product.

Chris Chamberlin

Chris Chamberlin is the Associate Editor of Executive Traveller, and lives by the motto that a journey of a thousand miles begins not just with a single step, but also a strong latte, a theatre ticket, and later in the day, a good gin and tonic.