Frequent Flyer credit card track your purchases and award you points for every dollar spent. You can use these points towards flights with Qantas. If you use your credit card for regular spending, earning points for future flights can be a great benefit – especially if, like most Australians, you fly rarely enough that earning points for flying alone isn’t practical. More…
How to Collect Frequent Flyer Points on Your Credit Card
If your spending habits would work well for earning points on a frequent flyer credit card, you can start earning rewards right away. Simply use your card for purchases you would make anyway (petrol, food items, etc) and watch the points build. Pay off your balance before interest accrues, and continue spending with your frequent flyer credit card to keep earning points. To redeem Frequent Flyer points:
First, select a Frequent Flyer credit card that meets your spending needs. Annual fees and interest rates on a Frequent Flyer card can negate the value of the poinmts you earn, so don’t spend if you don’t think you can pay off the balance before interest piles up. Look for a card you can use instead of cash for regular spending, not a card to use as a line of credit!
Next, become a member. Having a membership in a Frequent Flyer program ensures that your points are credited to an account so you can redeem them later for a flight with Qantas. Don’t lose money on the deal by paying a membership fee – search for programs that give you a free membership when you apply for a linked credit card.
Compare rewards programs on different Frequent Flyer credit cards – some will which will pay up to 2 or 2.5 points for each $1 spent, while others won’t have such a high rewards points program, but let you redeem points at any time, rather than insisting a certain number be reached before you can redeem them.
Expect to increase your monthly credit card spend. Consumer group Choice revealed in a resent study that those most likely to benefit from credit card rewards programs were those who spend more than $2,000 a month. (The average Australian spends about $1,200 a month using a credit card.) Australians who spend less than $1,000 a month simply won’t earn enough points on a Frequent Flyer credit card to make it worthwhile after typical interest buildup and other fees, unless they are completely faithful about paying off their balance each month.
With the Virgin Flyer Credit Card you get a 20.99% pa Interest Rate.
With the Virgin Flyer Credit Card you get a Balance Transfer Rate of 1.90% pa for 9 months then any outstanding transferred balance will revert to Cash Advance Rate.
With the Virgin Flyer Credit Card you get a 20.99% pa Cash Advance Rate.
With the Virgin Flyer Credit Card you get up to 44 Interest Free days.
The Virgin Flyer Credit Card has a $99 Annual Fee.
With the Emirates Citi Platinum Card you get a 20.99% pa Interest Rate.
With the Emirates Citi Platinum Card you get a Balance Transfer Rate of 2.90% pa for 6 months then any outstanding transferred balance will revert to Cash Advance Rate.
With the Emirates Citi Platinum Card you get a 21.24% pa Cash Advance Rate.
With the Emirates Citi Platinum Card you get up to 55 Interest Free days.
The Emirates Citi Platinum Card has a $229 Annual Fee.
These minimum requirements are intended as a guide only. Your application may still be rejected by the card issuer even if you can answer 'Yes' to all of these requirements. The final decision regarding your application is solely up to the card issuer.
