Credit Cards with Points Transfer Benefits

$195 annual fee
Offer
80,000 NAB points
Transfer NAB Rewards Points to partner programs: Flybuys (3,000=3,000), Velocity Frequent Flyer (3,000=1,500), Accor Live Limitless (3,000=500), Singapore Airlines KrisFlyer (3,000=1,000 miles), Cathay Asia Miles (3,000=1,000, ending 27 April 2026) and Air New Zealand Airpoints (3,000=15 Airpoints Dollars); excludes Qantas Frequent Flyer
Spend $3,000 in 90 days (~$1,000/mo)
Craig
Craig's Take

Easy $33/day spend to hit the bonus. Average ongoing earn rate.

Read my analysis
$195 annual fee
Offer
0 American Express points
Transfer Membership Rewards points to over 10 airline, hotel and retail partners
Spend $0 in 0 days
$0 first year annual fee, $195 thereafter
Craig
Craig's Take

Average ongoing earn rate. $200 cashback covers the $195 fee.

Read my analysis
$395 annual fee
OfferTargeted
100,000 American Express points
Redeem Membership Rewards points with over 10 airline partner programs or Hilton Honors hotel partner; transfers subject to partner program terms
Spend $4,000 in 90 days (~$1,333/mo)
Offer Expires 6 months ago (2025-12-02)
Craig
Craig's Take

Easy $44/day spend to hit the bonus. Excellent ongoing earn rate. $400 cashback covers the $395 fee.

Read my analysis
$375 annual fee
Offer
130,000 ANZ points
ANZ Reward Points can be transferred to partner programs: Velocity Points, Asia Miles, Airpoints Dollars, KrisFlyer miles, Everyday Rewards points and World360 Rewards points
Spend $5,000 in 90 days (~$1,667/mo)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. $100 cashback offsets the $375 fee.

Read my analysis
Image of MyCard Prestige Velocity credit card
Velocity points
$700 annual fee
Offer
150,000 Velocity points
Transfer MyCard Reward Points to loyalty partner programs including Flybuys and Velocity Frequent Flyer
Spend $12,000 in 90 days (~$4,000/mo)
Craig
Craig's Take

Tough spend — $133/day for 90 days. Average ongoing earn rate. High $700 fee — make sure you'll use the perks.

Est. profit $1,850
Read my analysis
Image of MyCard Premier Velocity credit card
Velocity points
$300 annual fee
Offer
110,000 Velocity points
Transfer MyCard Reward Points to loyalty partner programs including Flybuys and Velocity Frequent Flyer
Spend $8,000 in 90 days (~$2,667/mo)
Craig
Craig's Take

Moderate spend — $89/day for 90 days. Average ongoing earn rate. $72 cashback offsets the $300 fee.

Est. profit $1,642
Read my analysis
Image of MyCard Rewards credit card
MyCard points
$199 annual fee
Offer
100,000 MyCard points
Earn MyCard Reward Points (1 point per $1; domestic spend capped at $10,000 per statement period, international spend uncapped) redeemable as Pay with Points, gift cards, or transferred to loyalty partners including Flybuys and Velocity Frequent Flyer
Spend $5,000 in 90 days (~$1,667/mo)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Average ongoing earn rate.

Read my analysis
$199 annual fee
Offer
60,000 Qantas points
Earns 0.6 Qantas Points per $1 on the first $2,500 of eligible purchases per month and 0.3 points thereafter, uncapped; points transferred to the cardholder's Qantas Frequent Flyer account. Complimentary Qantas Frequent Flyer membership (joining fee of $99.50 waived).
Spend $7,500 in 90 days (~$2,500/mo)
Craig
Craig's Take

Moderate spend — $83/day for 90 days. Average ongoing earn rate.

Est. profit $761
Read my analysis
$320 annual fee
Offer
80,000 Qantas points
Earn 1 Qantas Point per $1 on the first $5,000 of eligible purchases per month and 0.5 thereafter (uncapped); complimentary Qantas Frequent Flyer membership (saves $99.50)
Spend $35,000 in 150 days (~$7,000/mo)
Craig
Craig's Take

Tough spend — $233/day for 150 days. Excellent ongoing earn rate.

Est. profit $960
Read my analysis
Image of MyCard Premier credit card
MyCard points
$300 annual fee
Offer
120,000 MyCard points
Transfer MyCard Reward Points to loyalty partner programs including Flybuys and Velocity Frequent Flyer
Spend $7,000 in 90 days (~$2,333/mo)
Craig
Craig's Take

Moderate spend — $78/day for 90 days. Average ongoing earn rate. $72 cashback offsets the $300 fee.

Read my analysis
$295 annual fee
Offer
75,000 Qantas points
Earn 0.75 Qantas Points per $1 up to $3,000 per statement period and 0.5 Qantas Points per $1 over $3,000 on eligible purchases; Qantas Points credited monthly to the Qantas Frequent Flyer account
Spend $2,500 in 90 days (~$833/mo)
Craig
Craig's Take

Easy $28/day spend to hit the bonus. Good ongoing earn rate. $100 cashback offsets the $295 fee.

Est. profit $1,005
Read my analysis
Image of MyCard Rewards Velocity credit card
Velocity points
$199 annual fee
Offer
60,000 Velocity points
Earn MyCard Reward Points (1 point per $1; domestic spend capped at $10,000 per statement period, international spend uncapped) redeemable as Pay with Points, gift cards, or transferred to loyalty partners including Flybuys and Velocity Frequent Flyer
Spend $5,000 in 90 days (~$1,667/mo)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Poor ongoing earn rate.

Est. profit $821
Read my analysis
Image of MyCard Premier Qantas credit card
Qantas points
$350 annual fee
Offer
70,000 Qantas points
Earn Qantas Points on eligible transactions: 1 point per $1 international/online spend, 0.5 points per $1 other domestic spend; capped at 100,000 points per 12-month period. Must be a Qantas Frequent Flyer member.
Spend $6,000 in 90 days (~$2,000/mo)
Craig
Craig's Take

Moderate spend — $67/day for 90 days. Average ongoing earn rate.

Est. profit $770
Read my analysis
$420 annual fee
Offer
100,000 Qantas points
Earn Qantas Points on everyday purchases and redeem for award flights, products and vouchers via Qantas Marketplace; free Qantas Frequent Flyer membership (joining fee waived, $99.50 saving)
Spend $5,000 in 90 days (~$1,667/mo)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. $250 cashback offsets the $420 fee.

Est. profit $1,430
Read my analysis
$420 annual fee
Existing customers onlyCan I become an existing customer?
Offer
100,000 Qantas points
Earn Qantas Points on everyday purchases and redeem for award flights, products and vouchers via Qantas Marketplace; free Qantas Frequent Flyer membership (joining fee waived, $99.50 saving)
Spend $5,000 in 90 days (~$1,667/mo)
$320 first year annual fee, $420 thereafter
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. $250 cashback offsets the $420 fee.

Est. profit $1,530
Read my analysis
$749 annual fee
Offer
125,000 Qantas points
Qantas Points earned on the card are credited directly to the cardholder's Qantas Frequent Flyer account (up to 28 business days after each statement period)
Spend $10,000 in 90 days (~$3,333/mo)
Craig
Craig's Take

Tough spend — $111/day for 90 days. Average ongoing earn rate. $100 cashback offsets the $749 fee.

Est. profit $1,351
Read my analysis
Image of MyCard Prestige credit card
MyCard points
$700 annual fee
Offer
250,000 MyCard points
Transfer MyCard Reward Points to loyalty partner programs including Flybuys and Velocity Frequent Flyer
Spend $10,000 in 90 days (~$3,333/mo)
Craig
Craig's Take

Tough spend — $111/day for 90 days. Average ongoing earn rate. $100 cashback offsets the $700 fee.

Read my analysis
$295 annual fee
Offer
60,000 Qantas points
Earn Qantas Points on everyday purchases (1 point per $1.50 on first $3,000, then 1 point per $3 to $6,000 per statement); free Qantas Frequent Flyer membership with joining fee waived (saving $99.50); plus 1 bonus point per $1 on eligible Qantas services
Spend $3,000 in 90 days (~$1,000/mo)
Craig
Craig's Take

Easy $33/day spend to hit the bonus. Average ongoing earn rate. $150 cashback offsets the $295 fee.

Est. profit $815
Read my analysis
$425 annual fee
Offer
90,000 Qantas points
Qantas Points earned are automatically credited to the cardholder's Qantas Frequent Flyer account each month; earn 1 Qantas Point per $1 up to $7,500 per statement period and 0.5 per $1 above, plus 1 bonus Qantas Point per $1 on selected Qantas products and services.
Spend $5,000 in 90 days (~$1,667/mo)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. $200 cashback offsets the $425 fee.

Est. profit $1,215
Read my analysis
$0 annual fee
Offer
60,000 Commbank points
Opt-in (for $90/year) to transfer CommBank Awards points to Qantas Frequent Flyer; points auto-transfer each statement period at 2.5 CommBank Awards points to 1 Qantas Point
Spend $9,000 in 90 days (~$3,000/mo)
Craig
Craig's Take

Moderate spend — $100/day for 90 days. Average ongoing earn rate.

Read my analysis
$295 annual fee
Offer
100,000 Westpac points
Altitude Points can be redeemed/transferred to partner airline frequent flyer programs (including Qantas and Velocity) and other partners under the Altitude Rewards program; a joining fee may apply
Spend $12,000 in 365 days (~$986/mo)
$200 first year annual fee, $295 thereafter
Craig
Craig's Take

Easy $33/day spend to hit the bonus. Average ongoing earn rate.

Read my analysis
$175 annual fee
Offer
75,000 Bank of Melbourne points
Amplify Points can be redeemed for e-gift cards, travel and Everyday Rewards points, or transferred to airline/frequent flyer and hotel transfer partner programs (joining fee may apply)
Spend $3,000 in 90 days (~$1,000/mo)
$99 first year annual fee, $175 thereafter
Craig
Craig's Take

Easy $33/day spend to hit the bonus. Average ongoing earn rate.

Read my analysis
$0 annual fee
Offer
40,000 Commbank points
Opt-in to earn Qantas Points for $90 per year; CommBank Awards points are automatically transferred to Qantas Frequent Flyer at the end of each statement period at 2.5 CommBank Awards points to 1 Qantas Point
Spend $4,500 in 90 days (~$1,500/mo)
Craig
Craig's Take

Easy $50/day spend to hit the bonus. Average ongoing earn rate.

Read my analysis
$175 annual fee
Offer
70,000 Qantas points
Earn up to 0.75 Qantas Points per $1 on eligible purchases, credited directly to the cardholder's Qantas Frequent Flyer account ($75 annual Amplify Qantas Rewards Program fee applies)
Spend $4,000 in 90 days (~$1,333/mo)
Craig
Craig's Take

Easy $44/day spend to hit the bonus. Poor ongoing earn rate.

Est. profit $870
Read my analysis
$295 annual fee
Offer
90,000 Qantas points
Earn up to 1.2 Qantas Points per $1 on eligible purchases credited directly to a Qantas Frequent Flyer account
Spend $6,000 in 90 days (~$2,000/mo)
Craig
Craig's Take

Moderate spend — $67/day for 90 days. Average ongoing earn rate.

Est. profit $1,070
Read my analysis
St.George Amplify points
$175 annual fee
Offer
75,000 St.George Amplify points
Amplify Rewards points can be converted to Everyday Rewards points and transferred to airline/frequent flyer and other transfer-partner programs; eligibility and T&Cs apply
Spend $3,000 in 90 days (~$1,000/mo)
$99 first year annual fee, $175 thereafter
Craig
Craig's Take

Easy $33/day spend to hit the bonus. Average ongoing earn rate.

Read my analysis
$295 annual fee
Existing customers onlyCan I become an existing customer?
Offer
100,000 St.George Amplify points
Amplify Points can be converted to transfer-partner rewards/frequent flyer points or to Everyday Rewards points; you must be a member of the relevant transfer partner program, T&Cs and a joining fee may apply
Spend $12,000 in 365 days (~$986/mo)
$149 first year annual fee, $295 thereafter
Craig
Craig's Take

Easy $33/day spend to hit the bonus. Average ongoing earn rate.

Read my analysis
$1,450 annual fee
OfferTargeted
225,000 American Express points
Transfer Membership Rewards points to 10+ major partners across Airline, Hotel and Retail programs.
Spend $5,000 in 90 days (~$1,667/mo)
Offer Expires in 3 months (2026-08-25)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. $450 cashback offsets the $1450 fee.

Read my analysis
$440 annual fee
Offer
50,000 Velocity points
Earn Velocity Points on Card spend (2.25 per $1 within Virgin Australia, 1.25 per $1 on Card purchases except Australian government bodies, 0.5 per $1 at Australian government bodies) with uncapped points earning
Spend $5,000 in 90 days (~$1,667/mo)
Offer Expires a month ago (2026-04-30)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. $385 cashback offsets the $440 fee.

Est. profit $795
Read my analysis
$450 annual fee
Referral offerHow referrals work
Offer
50,000 Qantas points
Qantas Points transferred to your Qantas Frequent Flyer account each month
Spend $5,000 in 90 days (~$1,667/mo)
Offer Expires in 2 months (2026-07-28)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. $450 cashback covers the $450 fee.

Est. profit $800
Read my analysis
$175 annual fee
Offer
70,000 Qantas points
Qantas Points earned are credited directly to the cardholder's Qantas Frequent Flyer account on a monthly basis
Spend $4,000 in 90 days (~$1,333/mo)
Craig
Craig's Take

Easy $44/day spend to hit the bonus. Poor ongoing earn rate.

Est. profit $870
Read my analysis
$175 annual fee
Offer
75,000 Westpac points
Earn Altitude Points (2 per $1 international, 1.25 per $1 everyday spend, 1 per $1 all other; 0.5 per $1 after $5,000 in a statement cycle) redeemable as gift cards, products, cashback, or transferable to frequent flyer partner airlines; or earn Qantas/Velocity Points directly (0.75 per $1 international, 0.5 per $1 everyday, 0.35 per $1 all other) for a $75 annual Rewards Program Fee
Spend $3,000 in 90 days (~$1,000/mo)
$49 first year annual fee, $175 thereafter
Craig
Craig's Take

Easy $33/day spend to hit the bonus. Average ongoing earn rate.

Read my analysis
$450 annual fee
Offer
50,000 Qantas points
Qantas Points transferred to your Qantas Frequent Flyer account each month
Spend $5,000 in 90 days (~$1,667/mo)
Offer Expires in 2 months (2026-07-28)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. $450 cashback covers the $450 fee.

Est. profit $800
Read my analysis
$149 annual fee
Offer
85,000 ANZ points
ANZ Reward Points transferable to partner programs: Velocity, Asia Miles, KrisFlyer, Airpoints Dollars, Everyday Rewards and World360 Rewards
Spend $3,500 in 90 days (~$1,167/mo)
Craig
Craig's Take

Easy $39/day spend to hit the bonus. Good ongoing earn rate. $50 cashback offsets the $149 fee.

Read my analysis
$195 annual fee
Offer
70,000 Velocity points
NAB Rewards Points automatically redeemed and transferred to Velocity each month at 2 NAB Rewards Points = 1 Velocity Point; requires providing Velocity membership number to enrol in Auto Redemption
Spend $4,000 in 90 days (~$1,333/mo)
Craig
Craig's Take

Easy $44/day spend to hit the bonus. Average ongoing earn rate.

Est. profit $995
Read my analysis
$295 annual fee
Offer
90,000 Velocity points
Velocity Points earned are credited directly to the cardholder's Velocity Frequent Flyer account, where they can be redeemed for flights, upgrades and shopping
Spend $6,000 in 90 days (~$2,000/mo)
Craig
Craig's Take

Moderate spend — $67/day for 90 days. Average ongoing earn rate.

Est. profit $1,160
Read my analysis
$295 annual fee
Existing customers onlyCan I become an existing customer?
Offer
90,000 Velocity points
Velocity Points earned are credited directly to the cardholder's Velocity Frequent Flyer account, where they can be redeemed for flights, upgrades and shopping
Spend $6,000 in 90 days (~$2,000/mo)
$200 first year annual fee, $295 thereafter
Craig
Craig's Take

Moderate spend — $67/day for 90 days. Average ongoing earn rate.

Est. profit $1,255
Read my analysis
$175 annual fee
Offer
70,000 Velocity points
Velocity Points are earned and credited directly to your Velocity Frequent Flyer account for redemption on flights, upgrades and shopping; an annual $75 Rewards Program Fee applies
Spend $4,000 in 90 days (~$1,333/mo)
$99 first year annual fee, $175 thereafter
Craig
Craig's Take

Easy $44/day spend to hit the bonus. Poor ongoing earn rate.

Est. profit $1,016
Read my analysis
$175 annual fee
Offer
70,000 Velocity points
Velocity Points are earned and credited directly to your Velocity Frequent Flyer account for redemption on flights, upgrades and shopping; an annual $75 Rewards Program Fee applies
Spend $4,000 in 90 days (~$1,333/mo)
Craig
Craig's Take

Easy $44/day spend to hit the bonus. Poor ongoing earn rate.

Est. profit $940
Read my analysis
Craig

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— Craig