Australian Rewards Programs

Understanding Qantas, Velocity, and Amex Membership Rewards

Before choosing a credit card, understanding the major rewards programs is essential. Point values vary dramatically based on redemption method—Qantas points for gift cards return ~0.5¢ each, while business class flights can deliver 3-5¢ per point. Our Points Valuation Guide explains how to maximize value.

Qantas Frequent Flyer

Australia's largest program with 14M+ members. Earn on Qantas flights, credit cards, shopping partners. Best for Qantas and oneworld alliance travellers seeking domestic and international flights.

1.0 - 1.8¢ per point

Best redemptions: Business class international (4-5¢/pt)

Full Qantas Guide →

Velocity Frequent Flyer

Virgin Australia's program with strong Singapore Airlines partnership. Excellent value on short-haul Asian routes (Bali, Fiji) and domestic flights. No foreign transaction fees on most partner cards.

0.9 - 1.7¢ per point

Best redemptions: Short-haul business to Asia (4-5¢/pt)

Full Velocity Guide →

Amex Membership Rewards

Maximum flexibility with transfers to 8+ airline programs: Qantas (2:1), Velocity (1:1), Singapore KrisFlyer, Cathay Pacific Asia Miles, Emirates Skywards, and more. Perfect for strategic collectors.

1.2 - 2.0¢ per point

Best strategy: Transfer to airlines for premium cabins

Full Amex MR Guide →