Best Credit Card for Frequent Flyers

June 2nd, 2010

Trying to sort through the best Frequent Flyer credit cards available can sometimes seem a little overwhelming, but there are ways to find the right one to suit your own needs.

How to Find the Best Frequent Flyer Credit Cards

If you’re the type of customer who travels a lot for business or pleasure, having access to the best frequent flyer credit cards can really offer significant rewards.

Not only are you able to use your credit card to pay for the things you need conveniently while you’re travelling, but you’re able to accumulate frequent flyer points that can be redeemed for flights, accommodation and other travel-related expenses, like car hire.

What Are Frequent Flyer Points?

Frequent Flyer points were one of the first rewards programs made available to Australians. You can earn points each time you pay for a purchase using your credit card. You can accumulate your points until they reach a sufficient balance to redeem them for things like international or domestic flights, accommodation, car hire and other travel related things.

Some of the best frequent flyer credit cards also give you the option to redeem your points for things like retail goods, electronics or shopping vouchers, if you prefer.

Other Benefits of the Best Frequent Flyer Credit Cards

The best Frequent Flyer credit cards will also offer other associated benefits aside from just being able to earn air miles. These can include additional insurance coverage, such as International Travel Insurance, Purchase Protection Insurance and even extended warranty cover on some items you purchase using your card.

Is a Frequent Flyer Credit Card Right For You?

There are some credit card customers who may not receive as much benefit out of a frequent flyer credit card as some others.

If you’re a regular flyer for business or personal reasons, then this type of card could be ideal for you. You might already be a member of an airline frequent flyer program, so adding more points from an affiliated credit card will help you accumulate points even faster.

You may also find that customers who regularly use a credit card to pay for purchases, but who also repay their balance frequently can also find these cards to be a great benefit.

By repaying the outstanding balance frequently, you may have the opportunity to benefit from the credit card provider’s interest free days, even while you’re earning more points each time you use your card. This way you won’t be paying interest costs on your outstanding debts, which makes the rewards really worthwhile.

Editors Choice: Featured Credit Card Deals

	Interest Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Cash Advance Rate (p.a.)
Westpac 55 Day Credit Card	0% for 5 months (reverts to 19.59% )	3.99% for 6 months	$0	21.49%
Citibank Clear Platinum Card	11.99%	2.9% for 12 months	$99	21.74%