Credit Cards with Points Transfer Benefits

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

MyCard Prestige Velocity

Velocity points

$700 annual fee

Spend $12,000 in 90 days (~$4,000/mo)

150,000 Velocity points

Transfer MyCard Reward Points to loyalty partner programs including Velocity Frequent Flyer and Flybuys. The Velocity offer provides autoredemption to transfer points directly to Velocity membership.

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

MyCard Premier Velocity

Velocity points

$300 annual fee

Spend $8,000 in 90 days (~$2,667/mo)

110,000 Velocity points

Transfer MyCard Reward Points to loyalty partner programs including Flybuys and Velocity Frequent Flyer. Autoredemption available for Velocity to automatically convert points.

Spend $5,000 in 90 days (~$1,667/mo)

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

100,000 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)

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

120,000 MyCard points

Transfer MyCard Reward Points to loyalty partner programs including Flybuys and Velocity Frequent Flyer. Autoredemption available for Velocity to automatically convert points.

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

ANZ Frequent Flyer Platinum

Earn Qantas Points on eligible purchases with earn rates of 0.75 points per $1 up to $3,000 and 0.5 points per $1 thereafter per statement period. Bonus Qantas Points on selected Qantas products and services and with Bonus Partners.

Spend $2,500 in 90 days (~$833/mo)

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

Est. profit $1,005

MyCard Rewards Velocity

Velocity points

$199 annual fee

Spend $5,000 in 90 days (~$1,667/mo)

60,000 Velocity points

Transfer MyCard Reward Points to loyalty partner programs including Flybuys and Velocity Frequent Flyer.

Spend $10,000 in 90 days (~$3,333/mo)

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

250,000 MyCard points

Transfer MyCard Reward Points to loyalty partner programs including Velocity Frequent Flyer and Flybuys. The Velocity offer provides autoredemption to transfer points directly to Velocity membership.

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

CommBank Smart Awards Credit Card (with $2,000 per month spend)

Commbank points

$0 annual fee

Spend $4,500 in 90 days (~$1,500/mo)

40,000 Commbank points

Option to opt-in to earn Qantas Points for $90 per year. CommBank Awards points earned are automatically converted and transferred to Qantas Frequent Flyer account at a rate of 2.5 Awards points to 1 Qantas Point at the end of each statement period.

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

The American Express Platinum Card Targeted Offer

American Express points

$1,450 annual fee

OfferTargeted

200,000 American Express points

Ability to transfer Membership Rewards points to over 10 major airline reward partner programs including Qantas Frequent Flyer, Virgin Australia Velocity Frequent Flyer, and Air New Zealand Airpoints, and to hotel partner programs Hilton Honors and Marriott Bonvoy.

Spend $5,000 in 90 days (~$1,667/mo)

Offer Expires in 4 months (2026-08-25)

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