The RBA is Coming for Your Points
The Reserve Bank of Australia plans to ban card payment surcharges and reduce interchange fees from July 2026. This will likely reduce the reward points Australians earn from credit cards.
Category: Credit Cards
Westpac Introducing Monthly Credit Card Points-Earning Caps
Westpac is changing the earn rates and introducing monthly points-earning caps on its Altitude Rewards, Altitude Qantas and Altitude Velocity credit cards from 1 August 2025.
You Can Now Transfer Amex Membership Rewards Points to British Airways
Australians can now convert American Express Membership Rewards points to British Airways Club Avios at a 2:1 rate. This unlocks an additional way to obtain Avios in Australia without using Qatar Airways Privilege Club.
New Amex Velocity Platinum Card with Virgin Australia Lounge Access
The American Express Velocity Platinum card comes with new benefits including unlimited Virgin Australia Lounge access. Plus, there’s now a sign-up bonus available of 100,000 Velocity Points!
New Backdoor Way to Transfer Bank Reward Points to Qantas
Westpac Altitude and St.George Amplify members can now transfer their credit card reward points to Qantas Frequent Flyer, by first converting them to Everyday Rewards points.