New card recommendations please

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Empire5

Junior Member
Joined
Oct 2, 2016
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Hey guys, any recommendation for a new CC ?
I currently have the NAB red velocity visa+Amex for the past 8-10years. With a Decent amount velocity points
I also have a Barnes CC that was a bonus with a home loan and the rate is 5 odd %

Looking to Balance transfer the Barnes CC with 8k on it
And maybe upgrading the NAB red, I pay that one off monthly.
But what happens to the velocity points?
Not really in the loop with credit cards


Thanks
 
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The points are transferred monthly from your NAB card to Velocity, yes? Nothing happens to them if you cancel/change cards; they're already safe in your Velocity account waiting for you to redeem. Since you have a decent number of Velocity points, it makes sense to choose another Velocity-earning card. Might as well choose one with a sign-up bonus to give your total a kick-along. I checked the Velocity "Special Offers" page and it's not been updated (i.e. showing Virgin Money offers which closed September 30 but maybe that offer will be extended?)

Welcome to AFF. This is definitely the place to learn how to maximise points-earning from credit cards and how to use those points effectively.
 
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Thanks Briar,
great I understand the monthly banking of Velocity.
Is Westpac alt black vs ANZ black good for the balance trasfer for the time being?
 
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