Best airline points credit cards (October 2026)

The cards with the highest net value, grouped by annual fee, lounge access, business use and airline. Recalculated from issuer disclosures every month.

Ranked by net value (yearly points minus the annual fee) at A$4,000/mo, Economy · Short-haul. We compared all 40 eligible cards.

  1. 1American ExpressThe American Express Velocity Platinum CardEarns Velocity Frequent FlyerPoints a year61,400Annual feeA$440Net value+A$625.90
  2. 2American ExpressThe American Express Velocity Escape Plus CardEarns Velocity Frequent FlyerPoints a year39,300Annual feeA$95Net value+A$587.25
  3. 3American ExpressThe Qantas American Express Discovery CardEarns Qantas Frequent FlyerPoints a year37,700Annual feeA$0Net value+A$557.96
  4. 4American ExpressThe American Express Essential Rewards Credit CardEarns Velocity Frequent FlyerPoints a year34,600Annual feeA$108Net value+A$492.66
  5. 5American ExpressThe Qantas American Express Premium CardEarns Qantas Frequent FlyerPoints a year49,700Annual feeA$249Net value+A$486.56
  6. 6American ExpressThe Qantas American Express Ultimate CardEarns Qantas Frequent FlyerPoints a year61,700Annual feeA$450Net value+A$463.16
  7. 7ANZANZ Rewards BlackEarns Velocity Frequent FlyerPoints a year48,000Annual feeA$375Net value+A$458.28
  8. 8American ExpressThe American Express Explorer Credit CardEarns Velocity Frequent FlyerPoints a year48,000Annual feeA$395Net value+A$438.28
  9. 9American ExpressThe American Express Platinum Edge Credit CardEarns Velocity Frequent FlyerPoints a year35,800Annual feeA$195Net value+A$426.49
  10. 10Qantas MoneyQantas Money Everyday Credit Card (Qantas Premier Everyday)Earns Qantas Frequent FlyerPoints a year33,900Annual feeA$99Net value+A$402.72
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Based on issuer disclosures as of 2026-10-01. How we calculate

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