Earning reward points with every purchase is possible through the use of a Frequent Flyer credit card – and the points will go towards flights with Qantas. Taking advantage of a reward such as this is something any Australian will appreciate. Who doesn’t want to earn a free flight for spending money every day, instead of when paying for another flight? More…
How to Collect Frequent Flyer Points on Your Credit Card
Take a good look at what your habits are financially, and decide if you be on the better end of the deal by using a rewards credit card to begin earning Frequent Flyer points every time you buy something. In order to start collecting Frequent Flyer points:
Choose a Frequent Flyer credit card, being careful to select one which meets your spending needs. Pay attention to the annual fee and interest rates as well; even though you really want the rewards, you can’t just ignore them. Remember that the Frequent Flyer card that you are eligible for and that meets your budget may not be the first one you see – find several and compare.
Next, become a member – this is a required step to redeem your points. Being a member in the Frequent Flyer program tells your credit card to apply your points towards a future flight with Quantas. Membership fees are required for some programs, so try to find a free membership program instead when you apply for the credit card.
Compare points per dollar. Rewards programs are not all the same; for every $1 you spend, frequent flyer credit cards will pay between 2 to 2.5 points. Also, be aware whether or not a program needs a certain number of points before they can be turned in for a free flight.
Consider your currently monthly credit card spend. Spending more than $1,000 a month on your rewards credit card is the only way to make it worth the effort after considering the interest rate and fees. The Australian consumer group Choice offers the opinion that only buyers who spend more than $2,000 per month ought to consider a rewards card in order to make it worth their effort. On average, any Australian spends around $1,200 per month using a credit card, so think about whether you are in that bracket before deciding on a frequent flyer credit card.
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.
