Hi all,
Have been reading loads of info on this awesome site, looking to max my points, here are some details, goals and spending levels
Goals: travel to USA or Japan this year for free, or, upgrade to business class
Spend: typically $3k per month, peaks during quarter ends due to BAS (extra $3-$4K depending on the quarter), October for car rego etc…
Existing ff program: qff currently holding 70k points
No existing credit cards directly earn points (currently have a cba diamond card)
Finally, buying a new car this Friday or Saturday for $24k, car surcaharge imposed by the dealer is $625, trying to figure out if it’s worth putting this on my credit card
Which card/program should I opt into? The westpac black card looks best…
Firstly, we are not allowed to give out financial advices on choices of credit card, etc.
Assuming your typical annual spend is $60k. Using a high-ish point earn 1.5x, you could get 90k pts per year.
Using the same calculation of your car purchase is 36k pts.
70k+36k=106k pts
70k+36k+90k=196k pts
1 return ticket to Japan in business class costs:
132k Enrich flying Qantas
144k Qantas FF flying Qantas
I would suggest referring to the Master Credit Card Table to make an informed decision. Sign up bonuses are also a quick way to supplement your point balance however be cautious of how this affects your credit score. To have a better understanding of how credit works, check out How Credit Records Work in Australia - Point Hacks
