Best Value for Points Credit Card?

shamalama on 20/11/2022 - 16:35
Last edited 20/11/2022 - 19:16 by 1 other user

Hey everyone,

Looking to get a credit card that will give me points for $$ spent that I can convert to gift cards preferably.

I am currently using my Latitude 28 degrees for everyday purchases and paying it off at the end of the month with no issues for convenience instead of using my debit card. Most of my spends are on groceries, bills, eating out and paypal purchases.

Any recommendations on the best card to earn points on dollars spend. My partner has a NAB Signature Rewards card which seems great. And she got a great bonus for signing up.

I would prefer minimal/no annual fee but if the points make it worth it then its fine.

Any help would be appreciated!

Thank you

• 

  ddhar on 20/11/2022 - 17:27

  What's your typical spend amount in a month? Usually with large spends, it makes sense to go with a card with annual fee as they tend to have higher earn rates.

  • 

    shamalama on 20/11/2022 - 17:47

    Around 2-3k typically

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  hawkeye93 on 20/11/2022 - 19:50

  Besides your main card, you can also look for bonus deal to churn.

  https://www.ozbargain.com.au/node/733316 (BankSA)
  https://www.ozbargain.com.au/node/729922 (SunCorp)
  https://www.ozbargain.com.au/node/728311 (Citi Prestige)

  These require around $3000 spending (except Prestige with $7500 but can be done via Payall to an Australian bank account) so probably good to sign up for when paying large bills, rates, ATO, or just buying gift cards. Don't apply for too many during a short period of time or you may damage your credit score.

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  Dio on 21/11/2022 - 14:50

  Nice timing mate, looking for a good credit card with complimentary international travel insurance, bonus newcomer points, and no intranational transaction fees. Any suggestions are welcome.