Credit Cards with Status Credits

$1,200 annual fee
Offer
150,000 Qantas points
20% bonus Qantas Status Credits for primary and additional cardholders on eligible Qantas-operated and marketed flights booked and paid for with the card.
Spend $5,000 in 90 days (~$1,667/mo)
Craig
Craig's Take

Moderate spend — $56/day for 90 days. Excellent ongoing earn rate. High $1200 fee — make sure you'll use the perks.

Est. profit $1,200
Read my analysis
$295 annual fee
Offer
75,000 Qantas points
Earn 1 bonus Qantas Point per $1 on selected Qantas products and services (Qantas flights with a QF number, Qantas Frequent Flyer and Qantas Club membership joining/annual fees), plus bonus points with Bonus Partners
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
$749 annual fee
Offer
125,000 Qantas points
Earn Qantas Points on eligible transactions; cardholder must be a Qantas Frequent Flyer member, complimentary Qantas Frequent Flyer membership available with MyCard branded cards
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
$440 annual fee
Offer
50,000 Velocity points
Up to 100 bonus Velocity Status Credits per Membership year: 50 when you spend $25,000 on eligible purchases and a further 50 when you spend another $25,000 in the same Membership year
Spend $5,000 in 90 days (~$1,667/mo)
Offer Expires 2 months 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
$175 annual fee
Offer
70,000 Qantas points
Earns Qantas Points to a Qantas Frequent Flyer account: 0.75 pts/$1 international spend, 0.5 pts/$1 everyday spend, 0.35 pts/$1 all other purchases, dropping to 0.2 pts/$1 after $5,000 spend in a statement cycle; $75 annual 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 Velocity points
Earns Velocity Points (no Status Credits awarded on Economy X Seat Upgrade voucher redemptions)
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
Earns Velocity Points (no Status Credits awarded on Economy X Seat Upgrade voucher redemptions)
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
Craig

Something out of date? Let me know on Instagram, Facebook, or email and I'll fix it ASAP.

— Craig