Overseas travellers are often stuck in a catch-22 situation: shell out for the high international transaction fees on their credit cards, or pay even more to exchange their dosh at the airport.
Each week we review a credit card that’s fit for high flyers, and this week, we’ve solved that conundrum with a card that serves up points without costly foreign transaction fees.
Also in today’s wrap: what you’ll want to watch out for in Woolworths’ Everyday Rewards program next month, and how you could grab an easy 40,000 Emirates Skywards miles through Citibank.
No foreign transaction fees: the Bankwest Qantas Platinum MasterCard
Earning 0.75 Qantas Points per $1 spent, the Bankwest Qantas Platinum MasterCard is perfect for road warriors as it comes without extra charges for using it abroad.
That’s a saving of 2-4% on your travel costs, which adds up quickly when you’re forking out for flights, hotels and hire cars across the planet.
New, approved customers can grab a cool 8,000 points just for signing up – appearing in your Qantas account after using the card once within the first two months…
Read more: Bankwest Qantas Platinum MasterCard review
Hot deal: up to 40,000 free Skywards miles through Citibank
Up to 40,000 Skywards miles are up for grabs in the launch of Citibank’s new Emirates World MasterCard, which also comes with perks like free airport lounge access, Chauffeur Drive service for economy bookings and Starwood Preferred Guest Gold status.
After your first spend, a cool 15,000 miles are yours, which can be swapped for flights with Emirates, Qantas, Korean Air, Japan Airlines and with Emirates’ other partners.
Once three months have passed, you’ll net a further 25,000 miles if you’ve charged at least $6,000 to the card – although that excludes cash advances and balance transfers…
Big W halves Everyday Rewards Qantas points
Things aren’t so peachy for Woolworths Everyday Rewards members, who will soon see their Qantas points halved when shopping at Big W stores.
Currently, members earn one point for every dollar spent – excluding the first $30 of each transaction. From July 10, that drops to just one point for every two dollars.
The $30 minimum spend before points are earned remains unchanged.
Customers using the Big W website are unaffected, with the current point-per-dollar rate untouched.
On Monday we’ll give ANZ’s new and uber-elite Rewards Black cards a grilling.
Through ANZ Rewards customers can earn points with Virgin Australia, Singapore Airlines and Cathay Pacific, or Airpoints dollars with Air New Zealand.
Including the added cost of the rewards program, the cards come with a staggering $375 annual fee – we’ll show you if it’s worth the outlay.
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About Chris Chamberlin
Chris lives by the motto that a journey of a thousand miles begins with a single step, a great latte, an opera ticket and a glass of wine!
Friday"s frequent flyer credit card wrap