The Commonwealth Bank is the latest Australian bank to slash the number of points earned on its Awards credit cards. The rate at which Qantas Frequent Flyer points are earned on the bank’s high-end Diamond and Platinum credit cards will be cut from May. Diamond cardholders will see points earned on their Amex cards fall from 1.5 … Continued
Credit cards and their various sign-up bonuses are an easy way to accumulate large amounts of frequent flyer points quickly. But it’s important to consider the effect of credit card churning on your credit rating before applying for many cards. A healthy credit rating is highly important if you want to apply for a credit card, … Continued
Virgin Money’s Velocity Flyer and High Flyer cards will soon become much less valuable. From 1 April 2016, the rate at which Velocity Frequent Flyer points are earned will be reduced by up to 33%. The popular two-for-one flight deal is also being removed, to be replaced by flight vouchers and lounge passes. High Flyer cards … Continued
If you own a small business, chances are that you’re paying business expenses on a regular basis. By paying with a point-earning credit card, you could be earning frequent flyer points for these payments! One new member, a small business owner, requests advice on maximising their credit card point-earning potential. I’m a small business owner, … Continued
Commonwealth Bank Awards points can be used in one of two ways. They can either be redeemed directly through the CommBank Awards program, or you can transfer CommBank Awards points to an airline frequent flyer program. Direct redemption options include gift vouchers, cash back and merchandise, while Qantas Frequent Flyer and Virgin Australia Velocity are … Continued