Rewards Credit Cards
Due to the highly competive nature of the credit card market today, rewards programs have never been better. They offer all kinds of perks from free frequent flyer points, discounts on dining and entertainment expenses and cash rebates, and all sorts of other enticements.
| Credit Card | Card Details | Annual Fee | Interest Rate p.a. | Cash Advance Rate p.a. | Balance Transfer Rate p.a. | Interest Free Days | |
|---|---|---|---|---|---|---|---|
 Suncorp Platinum Card | Great rewards program and security features. Balance Transfer for life offer! | $205 | 19.99% | 19.99% | 3.9% p.a. for life | Up to 55 Days |  More Info |
 Suncorp Gold Credit Card | Great Balance Transfer Offer, complimentary international travel insurance and purchase protection | $99 | 19.75% | 19.75% | 2.9% p.a. for 12 months | Up to 55 Days | More Info |
 IMB Rewards Card | Great Rewards program, reasonable annual fee and very generous balance transfer offer. | $99 | 19.24% p.a. | 19.99% p.a. | 2.9% for 9 months | Up to 55 Days | More Info |
 CUA Gold Rewards Mastercard | Earn 1 reward point for every $1 spent on your card with no point expiry. Complimentary international travel insurance and purchase cover included. | $85 | 19.24% | 19.99% | 2.9% for 9 months | Up to 55 days | More Info |
 Commonwealth Bank Platinum Card | Earn up to 150,000 points per year. Travel Insurance for up to 12 months. Extended Insurance /Purchase/Security benefits. Commonwealth Awards Program plus extra Platinum Rewards. | $280* | 20.24% | 21.24% | 5.99% for 5 months | Up to 55 days | More Info |
 Commonwealth Bank Gold Card | Earn up to 100,000 points per year. Free International Travel/Hospital Insurance for up to 3 months*. Points exchangable for Frequent Flyer Points. | $144* | 20.24% | 21.24% | 5.99% for 5 months | Up to 55 days | More Info |
 Citibank Business Card (Citibusiness Gold) | Lots of business opportunities and benefits, such as high credit limit access. | $74 for first year | 20.49% | 20.99% | 2.9% for 9 months | Up to 55 days | More Info |
 Citibank Platinum Card | For high debt that needs a long time to be repaid, the 3.9% balance transfer for life can’t be beaten. | $250 | 20.74% | 21.24% | 3.9% balance transfer for life. | Up to 55 days | More Info |
 Citibank Gold Card | Increased privilege and benefits over the Silver, yet not as high as Platinum. | $149 | 20.74% | 21.24% | 1.9% for up to 12 months. | Up to 55 days | More Info |
 Citibank BP Card | 5% off petrol at BP. 0.5% cashback for every other purchase made on the card. | $79 | 20.89% | 20.89% | 1.90% p.a. for 12 months | Up to 55 days | More Info |
 Citibank Silver Card | Features a free rewards program along with no point expiry. | $89 | 20.74% | 21.24% | 2.9% p.a. for up to 12 months | Up to 55 days | More Info |
 ANZ Balance Visa Card | You gain reward points for every dollar you pay off your balance. Also a modest annual fee and low purchase rate. | $79 | 14.24% | 21.49% | 0% p.a. for 6 months | Up to 55 days | More Info |
 ANZ Frequent Flyer Card | Earn 1 Frequent Flyer point for every $1 spent on your American Express card, and 1 point for every $2 spent on your Visa. | $95 | 19.49% | 20.74% | N/A | Up to 44 days | More Info |
 Qantas American Express Premium Card | If you are keen to maximise frequent flyers then the Qantas card will always be there for you. | $249 | 19.99% | 19.99% | N/A | Up to 44 days | More Info |
 ANZ Low Rate MasterCard | Save with low interest rate on purchases and enjoy 0% p.a. on balance transfers for the first 6 months. | $58 | 13.24% | 21.49% | 0% for 6 months | Up to 55 days | More Info |
Below are some common types of reward programs:
Petrol Rewards Program
This rewards program would be great, especially if you use your car regularly. The points that you earn depend on the terms of the program but they could generally be redeemed for free gas.
Airline Miles or Frequent Flyer Miles Rewards Program
With this rewards program, you basically earn a certain amount of points for each dollar you spend that you can later on redeem for airline miles. This would be perfect if you want to be rewarded with a vacation or a holiday wherein you would not have to spend on your travel airfare.
Cash Rebates or Cashback Rewards Program
This type of credit card rewards program offers you more options or more flexibility on where you can spend your rewards. You would receive rebates for your spending, which gives more value to each purchase that you make. Instead of having to choose from a range of items or gifts which you can cash in your rewards points for, you would just receive a certain percent of the money you spend.
Free Car Rentals Rewards Program
This is a good option if you usually do a lot of traveling. This rewards program could save you a lot of money as you go on business trips where you are unable to bring your own car.
Hotel and Dining Rewards Program
If you usually treat yourself to eating at restaurants or checking in hotels, then getting a credit card with this type of rewards program could definitely give you exactly what you want. Once you have accumulated a certain number of points, you would be able to redeem it for a stay at one of the listed hotels or a free dinner at their partner restaurants.
Points Rewards Program
This would be the most common type of rewards program that is offered by many credit cards today. Again, you get a certain number of points every time you spend, which could later be redeemed for a variety of different items listed in a rewards ‘catalogue’.
Finding the right rewards program will make using your credit card a pleasure.