C/Card Dilemna - $500k spend p/year

[lmere12]

Currently I have 2 plat's with Citi (hubby & I) 1 has already used the capping of 120K and the other will cap out within next month. I think I would spend about $500k all up per yr, I'm enrolled with QF, Kris & Asia. Would love to find an uncapped reasonable earn rate c/card. Can I be that lucky ?? I have been searching but now looks all blur.... I will continue - but if anyone has suggestions I am happy to hear them. thanks

 

[BOoyaMEdic]

I'm pretty sure my NAB plat is uncapped, same with Westpac earth plat cards

 

[oz_mark]

Currently I have 2 plat's with Citi (hubby & I) 1 has already used the capping of 120K and the other will cap out within next month. I think I would spend about $500k all up per yr, I'm enrolled with QF, Kris & Asia. Would love to find an uncapped reasonable earn rate c/card. Can I be that lucky ?? I have been searching but now looks all blur.... I will continue - but if anyone has suggestions I am happy to hear them. thanks

Citi select has no cap (the $700 annual fee is a bit steep though)

 

[lmere12]

Will have a read of the new citi but bit steep for me. may have to look at compromising somewhere.

 

[Dave Noble]

If you were to charge to an AMEX card which earns 1.5 membership rewards per $, that would give you about 310,000 AA points a year which is almost enough for 2 1st class r/t flights to europe a year and currently would get nearly 1/3 of the way to lifetime gold status with AA too. I don't think that AMEX has a limit on MR earning

 

[lmere12]

Tks Dave, unfortunately not a lot of places that I deal with accept Amex

 

[MelUser]

Living in Australia and crediting to Qantas, the best card seems to be:

NAB Platinum American Express Card and Visa Card:

(1) Points are uncapped?

(2) 1.5 points for each AMEX $ spend and .67 points for each VISA $ spend

 

[simongr]

That's a shame as 500K would equate to 750K QFF points being about enough for 2 F rtns on QFF as well.

 

[lmere12]

Yes suxs lol...! will certainly look at NAB. Obviously like I say I need to make a compromise somehow which is a bugger. Would love 1:1 and uncapped without paying $700. The cards can all make it themselves sound attractive until you get to the redemption side.

 

[lmere12]

If you were to charge to an AMEX card which earns 1.5 membership rewards per $, that would give you about 310,000 AA points a year which is almost enough for 2 1st class r/t flights to europe a year and currently would get nearly 1/3 of the way to lifetime gold status with AA too. I don't think that AMEX has a limit on MR earning

Dave, sorry to sound like a ditz but what is AA ? Im guessing american airlines ??

 

[Dave Noble]

Dave, sorry to sound like a ditz but what is AA ? Im guessing american airlines ??

Yup, American Airlines. Of course, once the points are earned , they can be used for redemption on flights of Qantas, BA , Cathay et al

Of course, if kept in Membership Rewards until needed, they can be filtered across to a number of different airline schemes depending on which will give the best value for any particular redemption rather than being tied to any individual FF scheme

 

[Dave Noble]

That's a shame as 500K would equate to 750K QFF points being about enough for 2 F rtns on QFF as well.

would be close there too but the offset there is that QF will then charge fuel fines which adds a lot to the "taxes" . 2 x F r/ts on AA points is better imo than on QF points thanks to the fines

 

[cove]

No one likes handing a card fee to a bank but if it gets you the redemption points that are greater than on a cheaper card you should consider it.
$500,000 @ 0.5 equals 250,000 points
$500,000 @0.666 equals 333,333 points
$500,000 @1.00 equals 500,000 points
Now if you deduct the different card costs you can see how little those extra points have really cost you on the three different Visa cards.
I would cut over to Citi Select at $20,000 plus average per month as the points are used only at their highest retail value.