So, in my opinion, everyone needs a credit card. If you’re already spending hundreds of dollars on fuel, food, utilities, and everything in between, imagine being able to turn those everyday expenses into rewards and cashback.
In this article, I’m going to go over the only five Credit Cards In Australia that you’ll need to consider for 2025. These are cards that anyone can sign up for, but I specifically chose those cards with great sign-up bonuses along with great benefits whilst also not leaving a huge hole in your pocket with a high annual fee.
My goal is to help you choose the best credit card that is aligned to your own personal goals – whether that’s starting to earn reward flights to redeem for free travel or just simply earn cashback back into your pocket. There’s something in this for everyone.
1. NAB Rewards Platinum Credit Card in Australia
This is a card that I haven’t really featured a lot on my channel, but with the latest offers from NAB, this card would be hard to not include.
- Sign-Up Bonus: Up to 100,000 NAB Reward Points
- First 80,000 points after you spend at least $1,000 in the first 60 days
- Extra 20,000 points after you keep your card open for at least 12 months
- Annual Fee: $45 for the first year (normally $195)
- Rewards: 1 NAB Reward Point per dollar spent on everyday purchases and 1.5 points on groceries
You can redeem points for around $480 worth of gift cards or transfer them to partners like Velocity for better value.
2. Westpac Altitude Rewards Platinum Credit Card in Australia
A great card with low cost in the first year and solid benefits.
- Sign-Up Bonus: Up to 120,000 bonus altitude reward points
- 90,000 points after you spend $3,000 in the first year
- Extra 30,000 points after holding the card for over 12 months
- Annual Fee: $0 for the first year (normally $175)
- Rewards: 1 point per dollar on everyday purchases, higher on Uber, Spotify, Airbnb, Qantas flights
It’s rare to find a card with $0 annual fee and good sign-up bonus, making it an excellent option for beginners and seasoned cardholders alike.
3. American Express Explorer Credit Card in Australia
If I had to include only one American Express credit card, it would have to be this.
- Sign-Up Bonus: Up to 100,000 membership reward points after spending $4,000 in the first 3 months
- Annual Fee: $395 (but comes with $400 travel credit)
- Benefits: 2 complimentary Centurion Lounge passes, travel insurance, and smartphone screen repair up to $500
American Express has one of the most flexible rewards programs, allowing transfer to 12+ airline and hotel partners.
4. Velocity Flyer Credit Card in Australia
This card is impressive for what it offers.
- Sign-Up Bonus: 60,000 Velocity Points (30,000 each month for the first 2 months with $1,500 spend per month)
- Annual Fee: $74 (first year)
- Benefits: $129 travel credit with Virgin Australia, 0.66 points per dollar spent
No complimentary travel insurance, but overall value is strong.
5. HSBC Star Alliance Credit Card in Australia
The latest credit card I’ve applied for and been approved.
- Sign-Up Bonus: Star Alliance Gold Status after spending $4,000 in the first 90 days
- Annual Fee: Waived for the first year (normally $450, increasing to $499)
- Benefits: Priority check-in, lounge access, extra baggage, priority boarding
If you frequently fly with Star Alliance airlines like Singapore Airlines, this card can be a game changer.
Final Thoughts For Best Credit Cards In Australia For Rewards 2025
So those are the five best credit cards that you should consider signing up for in 2025. Each one has its own perks – from cashback to travel benefits.
Are these cards good? Are they bad? Or have I missed a card that you think should be here? Let me know in the comments below!