Credit cards with free additional cardholders

Share your account with someone else, earn more points, and simplify your finances.

By   |   Verified by Bill Ryan Natividad   |   Updated 10 Apr 2024

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Comparing credit cards with free additional cardholders

American Express Qantas Ultimate Credit Card

On website

Balance transfer

N/A

Purchase rate

23.99% p.a. ongoing

Annual fee

$450.00 p.a. ongoing

Highlights

  • Receive 60,000 bonus Qantas Points when you apply by 28 May 2024 are approved, and spend $3,000 on eligible purchases on your new Card within the first 3 months. T&Cs apply. New Card Members only.
  • Get 2 complimentary Qantas Club lounge invitations each year.
  • $450 Qantas Travel Credit each year (conditions apply).

Pros

  • Earn 60,000 bonus Qantas Points when you meet the criteria.
  • Excellent earn rates on everyday spending. Earns points on payments to the ATO.
  • Access to The Centurion® Lounge. after your first card spend on the card for Qantas products and services each anniversary year.
  • 2 complimentary Qantas Club lounge invitations each year.
  • Add cards for up to four family and friends at no cost.

Cons

  • The annual fee of $450.
  • There is no concierge service, even though it's a high end card.
  • Balance transfers are not possible.
  • Transactions in a foreign currency attract a fee.
Bankwest Breeze Mastercard

On website

Balance transfer

12 months at 0% p.a.

Purchase rate

12 months at 0% p.a.

Annual fee

$49.00 p.a. ongoing

Highlights

  • Enjoy 0% p.a. on balance transfers for 12 months (2% BT fee, 12.99% p.a. thereafter).
  • 0% p.a. for 12 months on purchases (reverts to 12.99% p.a.)
  • Up to 55 interest-free days on purchases.
  • New customers only. Limited time. Other fees and charges, T&Cs apply.

Pros

  • 0% p.a. on balance transfers for 12 months.
  • 0% p.a. for 12 months on purchases.
  • Up to 55 interest-free days on purchases.

Cons

  • There are no rewards on this card.
  • There is a 2% BT fee.
The Qantas American Express Premium Card

On website

Balance transfer

N/A

Purchase rate

23.99% p.a. ongoing

Annual fee

$249.00 p.a. ongoing

Highlights

  • Receive 20,000 bonus Qantas Points when you apply online, are approved and spend $3,000 in 3 months. New Amex Card Members only.
  • Relax with 2 complimentary Qantas Club invitations every year (conditions apply).
  • Complimentary domestic and international travel insurance.

Pros

  • 20,000 bonus Qantas points for signing up and hitting the spending target.
  • Earn points on your everyday spend. Also earns points at a reduced rate on government spend.
  • Give up to 4 of your friends and family a card — at no extra cost — to earn more points.
  • $450 Qantas Travel Credit, which is fairly easy to trigger with your first Qantas purchase each year.
  • Comes with complimentary card purchase cover and travel insurance.

Cons

  • There is an annual fee of $249.
  • The purchase rate is quite high, but can be avoided with responsible use.
  • No balance transfer facility.
Bankwest Breeze Platinum Mastercard

On website

Balance transfer

12 months at 0% p.a.

Purchase rate

12 months at 0% p.a.

Annual fee

$69.00 p.a. ongoing

Highlights

  • Enjoy 0% p.a. on balance transfers for 12 months (2% BT fee, 12.99% p.a. thereafter).
  • 0% p.a. for 12 months on purchases (reverts to 12.99% p.a.)
  • Up to 55 interest-free days.
  • New customers only. Limited time. Other fees and charges, T&Cs apply.

Pros

  • 0% p.a. on balance transfers for 12 months.
  • 0% p.a. for 12 months on purchases.
  • No foreign transaction fees.

Cons

  • There is no rewards program on this card.
  • There is a 2% BT fee.
American Express Velocity Platinum Credit Card

On website

Balance transfer

N/A

Purchase rate

23.99% p.a. ongoing

Annual fee

$375.00 p.a. ongoing

Highlights

  • Receive 100,000 bonus Velocity Points when you apply by 15 May 2024, are approved, and spend $3,000 on eligible purchases on your new Card within the first 3 months. Available to new Amex Card Members only.
  • Complimentary Virgin Australia return Economy domestic flight between selected cities each year after your first Card spend each anniversary year.
  • Enjoy 2 complimentary Virgin Australia lounge passes each anniversary year at selected domestic airports.

Pros

  • Receive up to 100,000 bonus Velocity Points when you meet the criteria.
  • Complimentary Virgin Australia return Economy domestic flight between selected cities each year after your first Card spend each anniversary year.
  • Enjoy 2 complimentary Virgin Australia lounge passes each anniversary year at selected domestic airports.
  • Receive 100 Velocity Frequent Flyer Status Credits, when you spend a minimum of $50,000 within your card membership year.
  • Complimentary domestic and international travel insurance.
  • Get the Amex Experiences App to access information on Platinum benefits, travel offers, events and recommended merchants.
  • Add up to 4 additional cardholders for free.

Cons

  • The interest rates applied to balances carried over is on the high end.
  • There is no balance transfer offer on this card.
American Express Platinum Edge Credit Card

On website

Balance transfer

N/A

Purchase rate

23.99% p.a. ongoing

Annual fee

$0.00 for 1st year

Highlights

  • $0 annual fee in the first year, saving you $195.
  • Earn 3 Membership Rewards points per $1 spent at major supermarkets and petrol stations.
  • Enjoy $200 to spend on travel each year that can be used on eligible flights, hotels, or car hire when booked through American Express Travel.

Pros

  • $0 annual fee in the first year, saving you $195.
  • Receive $200 to spend on eligible domestic and international flights, hotels, or car hire with American Express Travel.
  • Smartphone Screen Cover for smartphone screen repairs up to $500.

Cons

  • The ongoing purchase rate of 23.99%.
Westpac Altitude Platinum Credit Card (Qantas)

Balance transfer

N/A

Purchase rate

19.99% p.a. ongoing

Annual fee

$99.00 for 1st year

Highlights

  • Receive up to 80,000 bonus Qantas Points. Acquire 70,000 Qantas Points in the first year upon spending $4k+ on eligible purchases within the initial 90 days from new card approval, and an additional 10,000 points after your first eligible purchase in the second year..
  • Initial $99 p.a. annual fee followed by $175 p.a. thereafter (Plus a $75 Qantas Rewards opt-in annual fee).
  • Earn 0.5 Qantas points per $1 spent on eligible purchases.

Pros

  • Receive up to 80,000 bonus Qantas Points when you meet the criteria.
  • Additional savings with the $99 first-year annual fee ($175 p.a. thereafter).
  • Comes with complimentary insurance covers which include overseas medical and purchase security.

Cons

  • Only up to 45 days interest-free on purchases.
Qantas American Express Discovery Credit Card

On website

Balance transfer

N/A

Purchase rate

23.99% p.a. ongoing

Annual fee

$0.00 p.a.

Highlights

  • Earn 1.75 Qantas Points on eligible Qantas products and services.
  • Earn 0.75 Qantas Point for every $1 spent on Card purchases, except spend at government bodies in Australia where you will earn 0.5 Qantas Points per $1 spent.
  • $0 Annual Fee.
  • Up to 4 Additional Cards for family members or friends with no extra fee.

Pros

  • $0 Annual Fee, a rarity among rewards credit cards.
  • Earn 0.75 Qantas points per $1 spent and 0.5 Qantas points per $1 for government spend.
  • No cap on the number of points you can earn.
  • Add up to 4 additional cards for family members or friends with no extra fee.
  • Complimentary Card Purchase Cover and Card Refund Cover.

Cons

  • There is a 3% foreign transaction fee.
  • Lacks complimentary travel insurance.
  • There is no access to a concierge service.
American Express Explorer Credit Card

On website

Balance transfer

N/A

Purchase rate

23.99% p.a. ongoing

Annual fee

$395.00 p.a. ongoing

Highlights

  • Receive 50,000 Bonus Membership Rewards Points when you apply, are approved, and spend $4,000 on your new Card within the first 3 months. T&Cs apply. New Amex Card Members only.
  • Receive a $400 Travel Credit each year towards any flights, hotels, and car hire when you book online with this card.
  • Includes complimentary domestic & international travel insurance.

Pros

  • The 50,000 bonus Membership Rewards Points when approved and reach spend requirement within the first 3 months.
  • Receive a $400 travel credit every year.
  • Earn 2 Membership Rewards points per $1 spent on purchases except for government bodies in Australia where you will earn 1 point per $1 spent (uncapped).
  • Get two complimentary entries per year to The Centurion® Lounge.

Cons

  • The $395 p.a. annual fee.
American Express Platinum Card

On website

Apply by 25 June 2024

American Express Platinum Card

Balance transfer

N/A

Purchase rate

N/A

Annual fee

$1,450.00 p.a. ongoing

Highlights

  • Receive 150,000 Bonus Membership Rewards Points when you apply by 25 June 2024, are approved, and spend $5,000 on your new Card within the first 3 months. T&Cs apply. New Amex Card Members only.
  • Receive a $450 Platinum Travel Credit each year, which can be redeemed for flights, hotels, or car hire.
  • Enjoy up to $400 per calendar year when you dine from a curated collection of over 1,400 hand-selected restaurants both locally and abroad. Terms and Conditions apply.

Pros

  • Receive 150,000 Bonus Membership Rewards Points when you meet the criteria.
  • Receive a $450 Platinum Travel Credit each year.
  • Enjoy up to $400 Global Dining Credit per calendar year.
  • Access to more than 1,400 lounges globally, including The Centurion® Lounge.
  • Get the Amex Experiences App to access information on Platinum benefits, travel offers, events and recommended merchants.

Cons

  • The annual fee of $1,450.
Westpac Altitude Black Credit Card (Altitude)

Balance transfer

N/A

Purchase rate

19.99% p.a. ongoing

Annual fee

$150.00 for 1st year

Highlights

  • Earn up to 150,000 bonus Altitude Points. Receive 100,000 Altitude bonus points by spending $6,000 on eligible purchases within 120 days of card approval. Additionally, get 50,000 points after your first eligible purchase in year 2. Exclusions apply.
  • Initial $150 p.a. annual fee ($295 p.a. thereafter), applicable to new cardholders only.
  • Earn 6 Altitude points per $1 on Qantas, Jetstar, Singapore Airlines, and Emirates flights bought in Australia, subject to eligibility criteria.

Pros

  • Earn up to 150,000 bonus Altitude Points when you meet the criteria.
  • Additional savings with the $150 first-year annual fee ($295 p.a. thereafter).
  • Earn 1.25 points per $1 spent on eligible purchases
  • Get 2 complimentary lounge passes each year with Priority Pass.

Cons

  • The high annual fee of $295 p.a. after the initial year.
Westpac Altitude Black Credit Card (Qantas)

Apply by 31 July 2024

Westpac Altitude Black Credit Card (Qantas)

Balance transfer

N/A

Purchase rate

19.99% p.a. ongoing

Annual fee

$295.00 p.a. ongoing

Highlights

  • Earn up to 120,000 bonus Qantas Points. Obtain 90,000 points upon spending $6,000 in the initial 90 days from the account approval date. Additionally, receive 30,000 points after making your eligible purchase in the second year.
  • Earn 0.75 Qantas points per $1 spent.
  • Enjoy two (2) complimentary Qantas Club airport lounge passes annually.

Pros

  • Earn up to 120,000 bonus Qantas Points when you meet the criteria.
  • Get a free additional card holder.
  • Comes with complimentary travel insurance.

Cons

  • The $295 p.a. annual fee (plus a $75 Qantas opt-in fee).
HSBC Low Rate Credit Card

Balance transfer

20 months at 0% p.a.

Purchase rate

12.99% p.a. ongoing

Annual fee

$99.00 p.a. ongoing

Highlights

  • 0% p.a. for 20 months on balance transfers with a 2% fee.
  • A low ongoing 12.99% p.a. purchase rate.
  • No overseas transaction fees and complimentary domestic travel insurance.

Pros

  • 0% p.a. for 20 months on balances transferred.
  • Low ongoing rate on purchases at just 12.99% p.a.
  • Enjoy complimentary domestic travel insurance.

Cons

  • Balance transfers revert to the high cash advance rate.
  • 25.99% p.a. charged on cash advances.
  • There is a 2% balance transfer fee.
  • No rewards program.
St.George Vertigo Visa

Apply by 30 April 2024

St.George Vertigo Visa

Balance transfer

32 months at 0% p.a.

Purchase rate

13.99% p.a. ongoing

Annual fee

$55.00 p.a. ongoing

Highlights

  • Enjoy 0% for 32 months on Balance Transfers with a 1% balance transfer fee. Reverts to cash advance rate of 21.49% p.a.
  • 13.99% p.a. low variable interest rate on purchases.
  • Low annual fee of $55 p.a.

Pros

  • 0% p.a. for 32 months on balance transfers with no balance transfer fee.
  • 13.99% p.a. low variable interest rate on purchases.
  • Low annual fee of $55 p.a.

Cons

  • Balance transfer rate reverts to 21.49% p.a. after 32 months.
  • There are no rewards program for this card.

Adding an additional cardholder to your credit card account can offer several benefits, but it's also important to weigh the drawbacks.

Benefits of adding an additional cardholder

Having an additional cardholder can increase the earning potential of your credit card account and be a helpful financial tool.

  • Trigger a sign up bonus faster. With more cardholders, it's easier to hit the spending target and get the bonus points.
  • Earn more reward points. Putting more spending through the card by adding an additional cardholder can help you earn more reward points, faster.
  • Attain a higher tier earn rate. Depending on the card, having an additional cardholder may help you reach a higher tier of earning rate, resulting in more points per dollar spent.
  • Simplify finances. Having everything on one statement can simplify your finances and make it easier to track spending, especially for families.
  • Educate kids about credit. Children can get used to having a card and learn how to use it responsibly, especially if there are spending limits set.
  • Help someone with bad credit. If someone you know has poor credit, adding them as an additional cardholder to your account can help them with everyday transactions such as hotel reservations and car rentals.

Drawbacks of adding an additional cardholder

While there are benefits to adding an additional cardholder, it's important to be aware of the drawbacks.

  • Higher credit utilisation ratio. Because of the increased spending, adding an additional cardholder can result in a higher credit utilisation ratio, which can impact your credit score.
  • Managing the account. As the primary cardholder, you are responsible for managing the account, which includes making payments and keeping track of spending.
  • Annual fee per additional card. Some credit cards charge an annual fee for each additional cardholder, although many do not.
  • Potential credit score impact. The additional cardholder's irresponsible spending and reckless use will affect your credit score, not theirs.
  • Interest charges. If the balance isn't paid off, interest charges can accumulate and complicate the situation.
  • Changed relationship. Having an additional cardholder can change the dynamics of your relationship with that person since you may need to chase them for money.
  • Quickly hitting a points cap. If the additional cardholder uses the card a lot, you could hit a rewards points cap, meaning you'll have to continue spending with your card and earn no points or use a different card to earn points.

How to compare credit cards with additional cardholders

Before settling on a card, check how it compares across the following factors.

  • Additional annual fee. Not every credit card has free additional cardholders, so it's essential to check if this fee applies and how much it is.
  • Earn rate. How many points per $1 spent would the credit card earn?
  • Points caps. Is there a limit on how many points can be earned? Ideally, there is none, but if there is, would your combined spending exceed it by much?
  • Interest rates. Although carrying a balance quickly negates the value of any points earned, it's still important to know what it would be on purchases, cash advances, and so on.
  • Number of additional cardholders allowed. Will you be able to add everyone you want to?

FAQs

Can I add a family member as an additional cardholder?

Yes. You can add a family member, such as a spouse or a child, as an additional cardholder on your credit card. You may be able to add trusted friends too.

Can the additional cardholder use the card without my permission?

Yes, additional cardholders can use the card just like the primary cardholder. This may be convenient, but limiting how much they can spend is a good idea.

Is there a fee to add an additional cardholder?

Some credit card issuers may charge a fee for adding an additional cardholder, while others may not. You should check with the issuer for specific details.

Will adding an additional cardholder impact my credit score?

The act of adding an additional cardholder will not affect your credit score. However, increased spending can increase your credit utilisation ratio, and that can. You will be held liable for the additional cardholder's irresponsible spending, for example, exceeding the credit limit.