I am looking into reward credit cards at the moment and am wondering which card to go for.
I am happy to pay $150 annual fee and want to get a card where I am getting maximum value points for $ spent.
After looking into Qantas and Velocity I have found the Westpac Altitude program and it looks interesting to me as on their platinum card they are offering two points for AMEX and 1 pint for VISA for every dollar spent and 1/0.5 if you pick Qantas points.
When comparing rewards in both stores (Qantas and Altitude) I found the following very interesting.
A JB-HiFi gift card for $100 in the Qantas store requires 16.6k points and in the Altitude rewards store it is 19k for the same card.
So if I choose Altitude as my reward program for the Westpac card, I basically get more point-value for my $ spent (as I would earn 2/1 rather than 1/0.5 points), is this correct or am I looking at this in the wrong way?
Thank you very much for your help!