Frequent Flyer Credit Cards with No Points Cap

 

Many Frequent Flyer Credit Cards now feature limits on the number of frequent flyer points that can be earned from paying for transactions with your frequent flyer credit card. Recent initiatives by many of the major credit card providers have seen them advise current cardholders that the terms of their credit card have changed, with one of these changes being the removal of the no points capping feature.

 

The table below features Frequent Flyer Credit Cards from Qantas and Velocity that have no points cap, when comparing these uncapped point credit cards remember it is important to consider any credit card selection relative to all the cards features not just its reward point earning potential. If you are loyal to a particulatr frequent flyer program we have split the no points cap cards by airline, so you can compare Qantas Frequent Flyer Credit Cards with No Points cap or Velocity Frequent Flyer Credit Cards with no points cap.

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Monthly and Annual capping of Frequent Flyer Credit Card Points

 

The majority of Frequent Flyer Credit Cards place a maximum cap on the number of points that can be earned from using your credit card to pay for eligible purchases. These points caps or generally tied to a fixed period of either a month or a year, across which the number of points that you can earn from any credit card spend is limited. So for example the credit card provider may cap your points earned per month at 5,000 points, or if the period is based on an annual level it might be capped at 100,000 Points. In both situations once you have earned the capped amount of points from using your credit card any further spend on your card across the period will not earn you any further Points.

 

Qantas Frequent Flyer Credit cards with no Points Cap

Qantas Frequent Flyer Credit Cards with uncapped Qantas Points can be found, but are limited in number, with Westpac, American Express and Citi being the main providers of No Point Cap Credit Card options for Qantas Frequent Flyer Points. The no points cap feature is now a feature which tends to be reserved for the premium level cards with No Points Capping being a feature included with Platinum and Black Credit Cards, though exceptions do exist with the American Express Discovery Credit Card leading the way with $0 p.a. annual fee and no points cap on your Qantas Points earned from card usage.

 

Qantas Credit Cards No Points Cap & Sign up Bonus Point Offers

 

American Express Qantas Ultimate Credit Card

75,000 Qantas Points  Full Card Details >>

Annual fee $450, No points cap, Complimentary Insurances, high point earn rates

 

Citibank Qantas Rewards Credit CardCiti Qantas Rewards Signature Credit Card

50,000 Bonus Qantas Pointsoffer closes 30th April 2017  Full Card Details >>

Reduced Annual fee to $199 p.a. in 1st year (from $395), No points cap, Complimentary Insurances

 

 

Velocity Frequent Flyer Credit Cards with no Points Cap

The Velocity Credit Cards that include no points capping are limited in number with only American Express and Virgin Money offering this feature. With the exception of the American Express Velocity Escape Credit Card the cards offer uncapped Velocity Points are all premium cards and as such feature card fees at the higher end of the range.

 

Velocity Credit Cards with No Points Cap & Sign up Bonus Point Offers

 

AMEX Platinum Velocity Credit Card

American Express Velocity Platinum Credit Card

50,000 Bonus Velocity Points  Full Card Details >>

Annual fee $395, No points cap, exceptional point earn rate, Complimentary flight and insurances

 

AMEX Velocity Escape Credit Card

American Express Velocity Escape Credit Card

7,500 Bonus Velocity Points  Full Card Details >>

Annual fee $0, No points cap, low income eligibility of $40,000 p.a. 

 

 

How to earn the most frequent flyer points from your frequent flyer credit card

Sign up bonuses offered on new Qantas Frequent Flyer Credit Cards - As an incentive to sign up for frequent flyer credit cards the credit card providers frequently offers bonus Frequent Flyer Points as a sign up bonus, these bonuses range from 5,000 to 100,000 points and generally are awarded once some spend threshold has been reached with your Frequent Flyer Credit Card. When assessing the benefits of these sign up bonuses make sure the credit card you select is competitive beyond the sign up bonus, in terms of frequent flyer point earn rates, interest rates and any credit card fees.

 

Frequent Flyer Point Earn rate - How many Points do you receive for each $1 you spend with your Frequent Flyer Credit Card? Are their different Point earn rates depending on where you use your credit card? The ease at which you can earn Points will play a significant role in how many Points you are able to earn, so it is important to ensure the earn rate is competitive when comparing credit cards.

 

Companion credit card accounts - The most recent innovation in the Frequent Flyer Credit Card space these companion frequent flyer credit cards offer two credit cards linked to one account, so you will hold both a MasterCard or Visa and an American Express credit card. These companion credit cards generally come with two different earn rates, with the American Express Card usually having the higher rate, though share the same credit card limit and annual fee. These companion credit card accounts are designed to help you maximize the Points you earn from your card usage by providing the choice of cards to use dependent on the Point earn rate offered for the card type.

Frequent Flyer Credit Cards with No Points Cap - Frequently Asked Questions

Yes, the card providers can change the terms and conditions on their credit cards, including how the reward frequent flyer credit card holders, though they need to advise you of the changes ahead of them happening, so you can decide if you wish to stick with the card under the new terms or switch to another credit card.

In October 2014 ANZ advised their ANZ Qantas Frequent Flyer Credit Card holders that they where changing the terms and conditions of the card so that the number of Qantas Points which could be earned would be capped, previously cardholders could earn an unlimited number of Qantas Points. The introduction of this points capping means that card holders can earn Qantas Points on the first $3,000 spent each month on the American Express card, plus on the first $3,000 of monthly Visa spend.

At one point per dollar on the AMEX and half a point per dollar on the Visa, that totals a maximum of 4,500 points each month or a 54,000 Qantas Points each year, if you hit the full monthly caps.

The ANZ Frequent Flyer Platinum Credit Card sees the monthly capping figures doubled to $6,000 on both the American Express and the Visa.

Equating to 1.5 Qantas Points per $1 on the AMEX and 0.5 Qantas Points per $1 on the Visa, cardholders can earn a maximum of 12,000 Qantas Points each month - with up to 9,000 of those stemming from the high-earning American Express Credit Card.

Qantas Credit Cards offerring uncapped Qantas Points are becoming increasingly rare, with American Express leading the way with a number of cards offerirng uncapped Qantas Point earning potential.