Rewards Credit Cards

Rewards credit cards can create great opportunities for responsible credit card users. Reducing debt is a terrific goal – but what if you could actually earn money – and more – with your credit cards? Many seek out low interest credit cards to minimise the accrual of debt, but rewards credit cards actually take this concept one step further, allowing you to turn a profit as long as you avoid the accrual of any interest. More…

Those who use credit cards as a line of credit or for emergencies when they know they won’t be able to pay off the balance promptly won’t be good candidates for rewards credit cards. These types of cards benefit those who carefully budget their use of credit cards as a payment option only, backed by cash or banked funds that are used to pay off the entire balance before the interest free grace period runs out each month.

The way rewards credit cards programs function is by accruing reward points when you make purchases either at at specific stores, buy items or services anywhere, or whenever you pay off the balance on your card. Bonus points are often awarded for shopping at specific stores, although you should be aware that the items at these stores are usually luxury items and you may wish to avoid costly purchases. Once a pre-set number of reward points is accumulated, they can be redeemed for products and services according to the terms of the rewards program. (Gold and platinum credit cards may include benefits without points, but rewards programs on these cards can be very attractive as well.)

Rewards credit cards programs may include:
Petrol Rewards Program
Imagine that every time you fill up, you are earning points towards more petrol! Petrol rewards programs often can accumulate points quite quickly, so you could end up being able to redeem your points for gas frequently depending on how often you use your rewards credit card to pay for petrol.

Airline Miles or Frequent Flyer Miles Rewards Program
With a frequent flyer or airline miles rewards program, you can earn a vacation! Simply earn points for every dollar you spend, then redeem them for airline miles when you accumulate enough for a flight. This reward could make for a terrific holiday.

Cash Rebates or Cashback Rewards Program
Cash rebates rewards program put you in control of your rewards. when you have a cashback option, you can receive a percentage of everything you spend either added to the available balance on your card or redeemed by check sent to you, depending on your card provider. This is like getting a rebate on all spending, increasing the value of your purchases.

Free Car Rentals Rewards Program
If you travel a lot, a free car rental reward could be a great benefit. For holiday trips when you need a larger vehicle, or business trips when a company car is not available, a free car rentals rewards program can save the day.

Hotel and Dining Rewards Program
Treat yourself to a night out without guilt when you accumulate points on a hotel or dining rewards program. Then book a room at a sumptuous suite for a weekend getaway. Check with your card provider for a list of partnered hotels and restaurants, and plan your next trip as soon as you’ve earned enough points on your rewards credit card.

Points Rewards Program
The most basic rewards program offered by many rewards credit cards simply lets you earn a certain number of points every time you spend. Once you have enough points, you can redeem them through a ‘purchase’ from a catalogue of items consisting of items eligible for the rewards program.

Selecting the right rewards credit card program can mean getting a lot more out of your credit cards than you ever dreamed possible!

Credit Card Interest Rate (pa) Balance Transfer Cash Advance Rate (pa) Interest Free
(Up to)
Annual Fee

St.George Amplify Rewards Card

  • visa
With the St.George Amplify Rewards Card you get a 18.74% pa Interest Rate.
With the St.George Amplify Rewards Card you get a Balance Transfer Rate of 0.99% pa for 6 months.
With the St.George Amplify Rewards Card you get a 20.74% pa Cash Advance Rate.
With the St.George Amplify Rewards Card you get up to 55 Interest Free days.
The St.George Amplify Rewards Card has a $79 Annual Fee.

Bankwest More Platinum MasterCard

  • mastercard
With the Bankwest More Platinum MasterCard you get a 18.99% pa Interest Rate.
With the Bankwest More Platinum MasterCard you get a Balance Transfer Rate of 4.99% pa for 12 months.
With the Bankwest More Platinum MasterCard you get a 21.99% pa Cash Advance Rate.
With the Bankwest More Platinum MasterCard you get up to 55 Interest Free days.
The Bankwest More Platinum MasterCard has a $190 Annual Fee.

Bankwest More Gold MasterCard

  • mastercard
With the Bankwest More Gold MasterCard you get a 19.24% pa Interest Rate.
With the Bankwest More Gold MasterCard you get a Balance Transfer Rate of 4.99% pa for 12 months.
With the Bankwest More Gold MasterCard you get a 21.99% pa Cash Advance Rate.
With the Bankwest More Gold MasterCard you get up to 55 Interest Free days.
The Bankwest More Gold MasterCard has a $120 Annual Fee.

Bankwest More MasterCard

  • mastercard
With the Bankwest More MasterCard you get a 19.24% pa Interest Rate.
With the Bankwest More MasterCard you get a Balance Transfer Rate of 4.99% pa for 12 months.
With the Bankwest More MasterCard you get a 21.99% pa Cash Advance Rate.
With the Bankwest More MasterCard you get up to 55 Interest Free days.
The Bankwest More MasterCard has a $89 Annual Fee.

ANZ Rewards Credit Card

  • amex
  • visa
With the ANZ Rewards Credit Card you get a 19.74% pa Interest Rate.
With the ANZ Rewards Credit Card you get a 20.99% pa Cash Advance Rate.
With the ANZ Rewards Credit Card you get up to 44 Interest Free days.
The ANZ Rewards Credit Card has a $89 Annual Fee.

ANZ Rewards Platinum Card

  • amex
  • visa
With the ANZ Rewards Platinum Card you get a 19.74% pa Interest Rate.
With the ANZ Rewards Platinum Card you get a 20.99% pa Cash Advance Rate.
With the ANZ Rewards Platinum Card you get up to 55 Interest Free days.
The ANZ Rewards Platinum Card has a $149 Annual Fee.
  • mastercard
With the Woolworths Everyday Rewards Qantas Credit Card you get a 19.99% pa Interest Rate.
With the Woolworths Everyday Rewards Qantas Credit Card you get a 20.99% pa Cash Advance Rate.
With the Woolworths Everyday Rewards Qantas Credit Card you get up to 55 Interest Free days.
The Woolworths Everyday Rewards Qantas Credit Card has an Introductory Annual Fee of $0 for the 1st year then $89 thereafter.

Westpac Altitude Card

  • amex
  • visa
  • mastercard
With the Westpac Altitude Card you get a 19.99% pa Interest Rate.
With the Westpac Altitude Card you get a Balance Transfer Rate of 3.99% pa for 6 months.
With the Westpac Altitude Card you get a 21.59% pa Cash Advance Rate.
With the Westpac Altitude Card you get up to 45 Interest Free days.
The Westpac Altitude Card has a $100 Annual Fee.

Westpac Altitude Gold Card

  • amex
  • visa
  • mastercard
With the Westpac Altitude Gold Card you get a 19.99% pa Interest Rate.
With the Westpac Altitude Gold Card you get a Balance Transfer Rate of 3.99% pa for 6 months.
With the Westpac Altitude Gold Card you get a 21.59% pa Cash Advance Rate.
With the Westpac Altitude Gold Card you get up to 45 Interest Free days.
The Westpac Altitude Gold Card has a $150 Annual Fee.

Westpac Altitude Platinum Card

  • amex
  • visa
  • mastercard
With the Westpac Altitude Platinum Card you get a 19.99% pa Interest Rate.
With the Westpac Altitude Platinum Card you get a Balance Transfer Rate of 3.99% pa for 6 months.
With the Westpac Altitude Platinum Card you get a 21.59% pa Cash Advance Rate.
With the Westpac Altitude Platinum Card you get up to 45 Interest Free days.
The Westpac Altitude Platinum Card has a $295 Annual Fee.

CitiBusiness Gold Card

  • visa
With the CitiBusiness Gold Card you get an Introductory Interest Rate of 0% pa for 4 months then 20.74% pa thereafter.
With the CitiBusiness Gold Card you get a Balance Transfer Rate of 0% pa for 4 months then any outstanding transferred balance will revert to Cash Advance Rate.
With the CitiBusiness Gold Card you get a 21.49% pa Cash Advance Rate.
With the CitiBusiness Gold Card you get up to 55 Interest Free days.
The CitiBusiness Gold Card has a $149 Annual Fee.

BoQ Platinum Card

  • visa
With the BoQ Platinum Card you get a 20.74% pa Interest Rate.
With the BoQ Platinum Card you get a Balance Transfer Rate of 1.90% pa for 6 months then any outstanding transferred balance will revert to Cash Advance Rate.
With the BoQ Platinum Card you get a 21.74% pa Cash Advance Rate.
With the BoQ Platinum Card you get up to 55 Interest Free days.
The BoQ Platinum Card has a $199 Annual Fee.

Citibank Select Credit Card

  • visa
With the Citibank Select Credit Card you get a 20.74% pa Interest Rate.
With the Citibank Select Credit Card you get a Balance Transfer Rate of 6.90% pa for 9 months then any outstanding transferred balance will revert to Cash Advance Rate.
With the Citibank Select Credit Card you get a 21.24% pa Cash Advance Rate.
With the Citibank Select Credit Card you get up to 55 Interest Free days.
The Citibank Select Credit Card has a $700 Annual Fee.

Citibank Rewards Credit Card Classic

  • visa
With the Citibank Rewards Credit Card Classic you get a 20.99% pa Interest Rate.
With the Citibank Rewards Credit Card Classic you get a 21.74% pa Cash Advance Rate.
With the Citibank Rewards Credit Card Classic you get up to 55 Interest Free days.
The Citibank Rewards Credit Card Classic has a $89 Annual Fee.

Citibank Rewards Credit Card Platinum

  • visa
With the Citibank Rewards Credit Card Platinum you get a 20.99% pa Interest Rate.
With the Citibank Rewards Credit Card Platinum you get a Balance Transfer Rate of 0.90% pa for 9 months then any outstanding transferred balance will revert to Cash Advance Rate.
With the Citibank Rewards Credit Card Platinum you get a 21.74% pa Cash Advance Rate.
With the Citibank Rewards Credit Card Platinum you get up to 55 Interest Free days.
The Citibank Rewards Credit Card Platinum has a $199 Annual Fee.

Citibank Rewards Credit Card Signature

  • visa
With the Citibank Rewards Credit Card Signature you get a 20.99% pa Interest Rate.
With the Citibank Rewards Credit Card Signature you get a Balance Transfer Rate of 0.90% pa for 9 months then any outstanding transferred balance will revert to Cash Advance Rate.
With the Citibank Rewards Credit Card Signature you get a 21.74% pa Cash Advance Rate.
With the Citibank Rewards Credit Card Signature you get up to 55 Interest Free days.
The Citibank Rewards Credit Card Signature has a $395 Annual Fee.
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