Best Rewards Credit Cards

No Annual Fee

No Points Earn Cap

Generally fewer sign-up bonus points compared to other cards

Regular Bonus Point Offers

High Points Earn Rate

Uncapped Annual Points Accrual

$450 yearly Qantas Travel Credit

High Annual Fee ($450)

Only 44 days Interest-Free Period

1% Balance Transfer Establishment Fee

$65,000 minimum income requirement

Entry-level credit limit of $500 minimum

Can earn either Commbank Awards points or Qantas Frequent Flyer points

High Balance Transfer Rate (5.99%)

Awards points earn rate capped at 50,000 per annum

Qantas points earn rate capped at 12,000 per annum

Earn 2 flybuys Points per $1 on eligible spend

$10 off Coles supermarket shop at the checkout each time you redeem 2,000 flybuys points

Relatively high $99 Annual Fee

No annual fee

0% p.a. balance transfers for 18 months when you apply by 31 August 2020

Low flybuys points earn rate of 1 Flybuy Point per $2

2.5% International Transaction Fee

Relatively high 19.99% interest rate

Earn 1.25 Awards Points per $1

International Travel Insurance included

$349 Annual Fee

3% International Transaction Fee

0% interest for a set period (min. $300 purchases)

$5.95 Monthly Fee

$25 Establishment Fee

High rate once the interest-free period ends (22.74%)

Uncapped points earning

Annual fee is not inclusive of Velocity or QFF membership fee

Uncapped points earn rate

$150 Annual Fee (additional $50 if you choose Velocity or Qantas)

$400 Travel Credit each year

0% p.a. on Balance Transfers for the first 12 months

Two complimentary entries per year to the American Express Lounge at Sydney or Melbourne International Airports

Earn up to 2 Membership Rewards points per $1

$395 Annual Fee

80,000 bonus Membership Points if you spend $3,000 in the first 3 months

No pre-set spending limit

Card is made of metal

$1,450 Annual Fee

$10 off at Woolworths for 2,000 points (min. $667 spend)

10% off one shop at Woolworths each month

Points earned are not the same as regular Woolworths Rewards points

200,000 Bonus Amplify Points or 90,000 Bonus Qantas Points on offer

Earn 1.5 Amplify Points or 0.75 Qantas Points for each dollar spent on eligible purchases, uncapped. Plus, receive Birthday Bonus Points

0% pa. on Balance Transfers for 6 months

$139 Annual Card Fee for the first year ($279 thereafter)

3% Overseas Transaction Fee

3% International Transaction Fees

50,000 Bonus Reward Points when you spend $1,000 on eligible purchases in the first 3 months from approval

1 Reward Point per $1 spent on eligible purchases up to $1,000 per statement period

3% Overseas Transaction Fee

40,000 Reward Points or 20,000 Qantas Points on offer

3% Currency Conversion Fee

100,000 Bonus Awards Points if you apply by 30 June 2020 and spend $4,000 within 90 days from activation

Earn 1 Awards point for every $1 spent

$249 Annual Fee

3% International Transaction Fee

$200 Travel Credit each year

Earn up to 3 Membership Rewards Points per $1

0% p.a. on Balance Transfers for the first 12 months

Complimentary Travel Insurance

$195 Annual Fee

$0 Annual Fee & Low Interest Rate of 14.99% p.a. on purchases

Earn up to 1.25 Membership Rewards Points per $1

0% p.a. on Balance Transfers for the first 12 months

Smartphone Screen Insurance

3% Balance Transfer Fee

0% p.a. on Balance Transfers for 12 months, 0% Balance Transfer Fee

Refunded $129 Annual Fee if you spend $6,000 or more on purchases each year

Earn up to 2 Rewards Plus Points per dollar

3% Overseas Exchange Fees

Earning Points capped at 10,000 per statement period