Rewards credit cards

Earn points as you spend to get free flights, upgrades, free gifts, shopping vouchers, cash back and more with rewards cards.

By   |   Verified by David Boyd   |   Updated 21st September 2020

Comparing rewards credit cards

Citi Rewards Card Balance Transfer Offer

On Citi's website

Apply by 30 November 2020

Citi Rewards Card Balance Transfer Offer

Rewards program

Citi Rewards

Points per $1 spent

1 point

Sign up bonus

N/A

Annual fee

$0.00 for 1st year

Highlights

  • Enjoy 0% p.a. on balance transfers for 30 months which could help you get on top of things. A one-off 1.5% balance transfer fee applies.
  • Earn Citi Rewards points as you spend using the card: 1 point per $1 Domestic spend (capped at $10,000 per statement period); or 1 point per $1 International spend (uncapped).
  • Feel secure with the complimentary Insurances: International Travel Insurance, Transit Accident Insurance, Purchase Cover Insurance, Extended Warranty Insurance, and Guaranteed Pricing Scheme.
  • Indulge convenience with contactless payment: Mastercard® PayPass, Apple Pay, and Samsung Pay.
  • Enjoy a free bottle of wine every time you dine at partner restaurants.
ANZ Rewards Black Credit Card

On ANZ's website

ANZ Rewards Black Credit Card

Rewards program

ANZ Rewards

Points per $1 spent

1 point

Sign up bonus

150,000 points

Annual fee

$375.00 p.a. ongoing

Highlights

  • Receive 150,000 points when you spend $4,000 on eligible purchases in the first 3 months from approval.
  • Free International Travel Insurance.
  • Eligibility criteria, T&Cs, fees and charges apply.
Westpac Altitude Black Credit Card (Altitude)

On Westpac's website

Apply by 11 November 2020

Westpac Altitude Black Credit Card (Altitude)

Rewards program

Altitude Rewards

Points per $1 spent

1.25 points

Sign up bonus

150,000 points

Annual fee

$250.00 for 1st year

Highlights

  • Receive 150,000 Altitude bonus points when you spend $4,000 on eligible purchases within 90 days of card approval. Exclusions apply. Qantas rewards fee applies.
  • Earn up to 6 Altitude points per $1 spent (terms and conditions apply).
  • Complimentary Insurances: Overseas Travel, Extended Warranty, Purchase Security and Transit Accidents (terms and conditions apply)
Citi Rewards Credit Card — $500 e-voucher Offer

On Citi's website

Apply by 30 November 2020

Citi Rewards Credit Card — $500 e-voucher Offer

Rewards program

Citi Rewards

Points per $1 spent

1 point

Sign up bonus

$500 e-voucher to spend at Myer, JB-Hi-Fi or Coles

Annual fee

$99.00 for 1st year

Highlights

  • Receive $500 e-voucher to spend at Myer, JB-Hi-Fi, Bunnings or Coles when you spend $3,000 in the first 90 days from approval.
  • Enjoy 0% p.a. on Balance Transfers for 12 months (reverts to Cash Advance rate thereafter).
  • Save with the reduced annual fee of $99 p.a. for the first year (reverts to $199 p.a. on the second year).
Virgin Australia Velocity Flyer Credit Card 0% p.a. Purchase Offer

On Virgin Money's website

Apply by 30 September 2020

Virgin Australia Velocity Flyer Credit Card 0% p.a. Purchase Offer

Rewards program

Velocity Frequent Flyer

Points per $1 spent

0.66 points

Sign up bonus

N/A

Annual fee

$64.00 for 1st year

Highlights

  • Enjoy 0% p.a. on Purchases for 14 months (reverts to 20.74% p.a.)
  • Transfer your balance at 0% p.a. for 6 months with 0% balance transfer fee (reverts to 20.99% p.a.)
  • Save with the half annual fee of $64 p.a. on the first year (reverts to $129 p.a. thereafter).
  • Receive $129 Virgin Australia Gift Voucher each year.
St.George Amplify Signature Credit Card (Amplify)

On St.George's website

Apply by 30 September 2020

St.George Amplify Signature Credit Card (Amplify)

Rewards program

Amplify Rewards, Amplify Qantas

Points per $1 spent

1.5 points

Sign up bonus

200,000 points

Annual fee

$139.00 for 1st year

Highlights

  • Earn up to 200,000 Bonus Amplify Rewards Points over 2 years when you spend $12,000 on eligible purchases each year. Plus, receive a birthday points bonus of 10% of the points earned in the last 12 months.
  • 0% p.a. for 6 months on balance transfers with 0% balance transfer fee on amounts transferred.
  • Reduced annual fee of $139 in the first year, currently saving you $140.
American Express Qantas Ultimate Credit Card

On American Express' website

American Express Qantas Ultimate Credit Card

Rewards program

Qantas Frequent Flyer

Points per $1 spent

1.25 points

Sign up bonus

55,000 points

Annual fee

$450.00 p.a. ongoing

Highlights

  • Receive 55,000 bonus Qantas Points when you apply online, get approved and spend $3,000 on your new card within the first 3 months. New Card Members only.
  • Earn 1.25 Qantas Points 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.
  • $450 Qantas Travel Credit each year (conditions apply).
HSBC Platinum Credit Card Balance Transfer Offer

On HSBC's website

Apply by 30 September 2020

HSBC Platinum Credit Card Balance Transfer Offer

Rewards program

Rewards Plus

Points per $1 spent

1 point

Sign up bonus

N/A

Annual fee

$129.00 p.a. ongoing

Highlights

  • 0% p.a. on balances transferred for 22 months, with no balance transfer fee.
  • $129 p.a. annual fee which is refundable each year when you spend $6,000 on eligible purchases.
  • Earn 2 points per $1 spent on overseas purchases.
Bendigo Bank Platinum Rewards Mastercard

On Bendigo Bank's website

Bendigo Bank Platinum Rewards Mastercard

Rewards program

Bendigo Bank Rewards

Points per $1 spent

1.5 points

Sign up bonus

N/A

Annual fee

$89.00 p.a. ongoing

Highlights

  • 0% p.a. on balance transfers for 6 months. Purchase rate of 19.99% p.a. applies thereafter.
  • Earn 1.5 Bendigo rewards points for every $1 spent.
  • Up to 180 days of international travel insurance.
Bankwest More Mastercard

On Bankwest's website

Bankwest More Mastercard

Rewards program

More Rewards

Points per $1 spent

1.5 points

Sign up bonus

N/A

Annual fee

$100.00 p.a. ongoing

Highlights

  • 19,500 annual bonus points when you spend $24,000 on eligible purchases in the year.
  • 0% p.a. for 6 months on balance transfers with 1% balance transfer fee. Reverts to 19.99% p.a. thereafter.
  • Earn up to 1.5 points per $1 spent on eligible purchases.
ANZ Rewards Platinum Credit Card

On ANZ's website

ANZ Rewards Platinum Credit Card

Rewards program

ANZ Rewards

Points per $1 spent

1.5 points

Sign up bonus

100,000 points

Annual fee

$95.00 p.a. ongoing

Highlights

  • Receive 100,000 points when you spend $2,500 on eligible purchases in the first 3 months from approval.
  • A range of complimentary insurances for travel and purchases.
  • Earn ANZ Rewards Points on everyday purchases.
American Express Explorer Credit Card

On American Express' website

American Express Explorer Credit Card

Rewards program

Membership Rewards Gateway

Points per $1 spent

2 points

Sign up bonus

50,000 points

Annual fee

$395.00 p.a. ongoing

Highlights

  • Get 50,000 Membership Rewards points when you apply online, are approved and spend $3,000 in the first 3 months. New Card Members only.
  • Receive a $400 Travel Credit each year towards any flights, hotels and car hire when you book online with this card.
  • T&Cs and eligibility criteria apply. Available to new card members only.
American Express Platinum Card

On American Express' website

American Express Platinum Card

Rewards program

Membership Rewards Ascent Premium

Points per $1 spent

2.25 points

Sign up bonus

80,000 points

Annual fee

$1,450.00 p.a. ongoing

Highlights

  • Get 80,000 Membership Rewards points when you apply, are approved, and meet the minimum spend criteria of $3,000 in the first 3 months. Available to new Card Members only.
  • Receive a $450 Platinum Travel Credit each year, which can be redeemed for flights, hotels or car hire.
  • Complimentary access for you and a guest to over 1,200 Airport lounges across 130 countries.
American Express Platinum Edge Credit Card

On American Express' website

American Express Platinum Edge Credit Card

Rewards program

Membership Rewards

Points per $1 spent

1 point

Sign up bonus

N/A

Annual fee

$195.00 p.a. ongoing

Highlights

  • Start your holiday with a $200 Travel Credit every year.
  • Range of travel insurances including overseas medical emergency expenses, travel cancellation cover and more.
  • Earn 3 Membership Rewards points per dollar spent at major supermarkets and petrol stations.
ANZ Rewards Credit Card

On ANZ's website

ANZ Rewards Credit Card

Rewards program

ANZ Rewards

Points per $1 spent

1 point

Sign up bonus

50,000 points

Annual fee

$80.00 p.a. ongoing

Highlights

  • 50,000 points when you spend $1,000 on eligible purchases in the first 3 months from approval.
  • An easy to manage credit limit from $1,000.
  • Earn ANZ Rewards Points on everyday purchases.
American Express David Jones Credit Card

On American Express' website

American Express David Jones Credit Card

Rewards program

Membership Rewards, Qantas Frequent Flyer

Points per $1 spent

1 point

Sign up bonus

15,000 points

Annual fee

$99.00 p.a. ongoing

Highlights

  • Receive 15,000 Membership Rewards Points or 7,500 Qantas Points when you are approved and spend $750 at locations excluding David Jones on your new card within the first three months. Available to new David Jones American Express Card Members only.
  • Earn up to 3 Reward Points per $1 spent at major supermarkets and petrol stations, 2 Reward Points per $1 spent at David Jones, and 1 Reward Point per $1 spent elsewhere.
  • Flexibility to choose Qantas Frequent Flyer or Membership Rewards as your rewards program.
American Express David Jones Platinum Credit Card

On American Express' website

American Express David Jones Platinum Credit Card

Rewards program

Membership Rewards, Qantas Frequent Flyer

Points per $1 spent

1 point

Sign up bonus

30,000 points

Annual fee

$295.00 p.a. ongoing

Highlights

  • Receive 30,000 Membership Rewards Points or 15,000 Qantas Points when you are approved and spend $750 at locations excluding David Jones on your new card within the first three months. Available to new American Express David Jones Platinum Credit Card Members only.
  • Earn 4 Reward Points per $1 spent at David Jones, 3 Reward Points per $1 spent at major supermarkets and petrol stations and 1 Reward Point per $1 spent elsewhere.
  • Flexibility to choose Qantas Frequent Flyer or Membership Rewards as your rewards program.
BankSA Amplify Signature Credit Card (Amplify)

On BankSA's website

Apply by 30 September 2020

BankSA Amplify Signature Credit Card (Amplify)

Rewards program

Amplify Rewards

Points per $1 spent

1.5 points

Sign up bonus

200,000 points

Annual fee

$139.00 for 1st year

Highlights

  • Earn up to 200,000 points bonus Amplify Rewards Points* over 2 years when you spend $12,000 on eligible purchases each year. Exclusions apply.
  • Reduced annual fee of $139 p.a. in the first year, currently saving you $140.
  • Enjoy 0% p.a. for 6 months with 0% fee on Balance Transfers requested at new card application. Rate reverts to cash advance rate.
Bankwest More Platinum Mastercard

On Bankwest's website

Bankwest More Platinum Mastercard

Rewards program

More Rewards

Points per $1 spent

2 points

Sign up bonus

N/A

Annual fee

$160.00 p.a. ongoing

Highlights

  • 75,000 annual bonus points when you spend $48,000 on eligible purchases in the year.
  • Earn up to 2 points per $1 spent on eligible purchases.
  • No foreign transaction fees and complimentary international credit card travel insurance.
HSBC Platinum Qantas Credit Card

On HSBC's website

Apply by 30 September 2020

HSBC Platinum Qantas Credit Card

Rewards program

Qantas Frequent Flyer

Points per $1 spent

1 point

Sign up bonus

20,000 points

Annual fee

$99.00 p.a. ongoing

Highlights

  • Get 20,000 Bonus Qantas Frequent Flyer Points with a minimum spend of $3,000 on eligible purchases within 90 days from card approval.
  • Earn 1 Qantas Point per $1 spent, up to $1,000 every month. Every $1 spent thereafter will earn 0.5 Qantas Point. (Capped at 7,500 per statement period)
  • 0% p.a. for 12 months on balance transfers with no balance transfer fee.
Bankwest More World Mastercard

On Bankwest's website

Bankwest More World Mastercard

Rewards program

More Rewards

Points per $1 spent

2.5 points

Sign up bonus

N/A

Annual fee

$270.00 p.a. ongoing

Highlights

  • 115,000 annual bonus points when you spend $84,000 on eligible purchases in the year.
  • Earn up to 2.5 points per $1 spent on eligible purchases.
  • Enjoy ten airport lounge passes per year with LoungeKey.
Westpac Altitude Platinum Credit Card (Altitude)

On Westpac's website

Apply by 11 November 2020

Westpac Altitude Platinum Credit Card (Altitude)

Rewards program

Altitude Rewards

Points per $1 spent

1 point

Sign up bonus

80,000 points

Annual fee

$99.00 for 1st year

Highlights

  • Receive 80,000 Altitude bonus points when you spend $3,000 on eligible purchases within 90 days of card approval. Terms and conditions apply.
  • 0% p.a. for 18 months on balance transfers (1 % balance transfer fee applies). Reverts to purchase rate of 20.49% p.a.
  • $99 p.a. annual fee for the first year ($150 p.a. annual fee thereafter).

Overview

A rewards credit card is a type of credit card which earns rewards points (also know as loyalty points) for each dollar spent on eligible purchases. Eligible purchases are transactions which are not purchases of cash (such as purchases of foreign currency banknotes), or cash equivalents (such as a balance transfer), or other non-qualifying transactions as defined by the card issuer (such as interest charges and other account fees).

Rewards points redemption options

Rewards points (also known as loyalty points) can be exchanged for benefits chosen by the cardholder from a range of redemption options, which may include:

  • Merchandise from an online catalogue
  • Retail gift cards
  • Money off supermarket or other shopping at the checkout
  • Movie tickets and other entertainment
  • Exchanging the card’s brand of rewards points for airline frequent flyer points
  • Cashback to the card account
  • Payment of the card’s annual fee
  • Travel and accommodation
  • Charity donations

Frequent flyer credit cards

Frequent flyer credit cards are a type of rewards credit card. In this case the card is linked to an airline’s frequent flyer program (e.g. Qantas Frequent Flyer or Velocity Frequent Flyer). The rewards points earned take the form of frequent flyer points directly credit to the cardholder’s frequent flyer points account, rather than converting the card’s brand of reward’s points into frequent flyer points.

Australian credit card rewards programs

There’s a wide variety of credit card rewards points programs in Australia. Among the most popular are:

  • American Express Membership Rewards
  • ANZ Rewards
  • Bankwest More Rewards
  • Citi Rewards
  • Coles flybuys
  • CommBank Awards
  • HSBC Rewards
  • NAB Rewards
  • Qantas Frequent Flyer
  • St. George/BankSA/Bank of Melbourne Amplify Rewards
  • Velocity Frequent Flyer
  • Westpac Altitude Rewards
  • Woolworths Rewards

Points earning rates

Points earning rates are expressed in terms of points earned per dollar spent on eligible purchases (e.g. 1.5 points per dollar). Earning rates vary from card to card, with more expensive cards (i.e. those with a higher annual fee) tending to have a higher points earning rate.

However, earning rates are not directly comparable across different rewards programs. For example a card may have a high earning rate, but the number of points required for an identical redemption may be higher than the required points in a different reward program where card earning rates per dollar are lower. The required number of points for a David Jones $50 gift card, for example, is not consistent across all Australian credit card reward programs.

Points caps and thresholds

Some cards have limits on the number of points that can be earned in a single month or year.

Where there is a points cap, after the points cap is reached the points earning rate drops to zero for the remainder of the period (e.g. 1.0 points per dollar, up to $5,000 spending or 5,000 points earned per month, 0 points per dollar thereafter).

Where there is a points threshold the earning rate falls, but does not disappear, once the threshold is reached (e.g. 1.0 points per dollar, up to $5,000 spending or 5,000 points earned per month, 0.5 points per dollar thereafter).

However, a few cards do have both a points threshold and an absolute cap on points.

Points expiry

Each rewards program has its own rules about points expiry, so it’s important to read the rewards program’s Terms & Conditions if you have a rewards credit card.

While some reward programs say that points do not expire as long as your credit card account is current (and they may give you a 90 days grace period in which to spend the points after your card account is closed), other programs require some earning or redemption activity in your points account to prevent points expiry (e.g. points expire if there has been no points earning or redemption in the previous 24 months). In some cases points automatically expire within three years if they are not used.

First purchase bonus points

Many rewards cards offer large quantities of bonus points as an incentive to new cardholders. There is usually a target spending amount to be reached within a nominated period in order to qualify for the bonus points (e.g. spend $3,000 in the first 90 days after card approval and earn 80,000 bonus points). These bonus points can be worth several hundred dollars, depending on the rewards program and the way they are redeemed.

Higher annual fees and interest rates

Rewards credit cards tend to have higher annual fees and interest rates than cards with no rewards points on offer. In some cases the high annual fee is charged to partly offset the cost of other complimentary benefits (such as free travel insurance or airport lounge access) often attached to rewards credit cards.

However, there are a few rewards credit cards with a low or no annual fee and/or a relatively low interest rate on balances carried from month to month.

Learn about rewards credit cards

Confused about how rewards programs work? Get the answers to your questions here.

  • Pros & cons

  • Tips

  • FAQs

  • Guides

Get a quick boost of points in your account

Many rewards credit cards offer substantial bonus points to new cardholders.

Get something for nothing

Assuming you are able to pay off the balance in full each month, a rewards credit card is a great way to effectively get ‘something for nothing’ without changing your spending pattern.

Higher annual fees

Rewards credit cards tend to have higher annual fees than cards without rewards points, particularly for higher end black cards.

Higher interest rates

Rewards credit cards usually have interest rates at the highest end of the scale.

Interest and fees incurred negate the value of points

If you regularly fail to repay your balance in full, or pay late, you’ll end up paying more in interest and penalty fees than the value of the points you earn.

Points can expire

Rewards points in some rewards programs can expire if you don’t redeem them for a long period, and most will expire when you close your credit card account, or shortly afterwards.

Some redemptions are very poor value

Some types of reward redemptions, especially merchandise like home appliances, deliver very poor value per dollar spent in earning points.

There's more on offer than just earning points

Many rewards cards come with valuable complimentary benefits. These can range from international travel insurance to free flights and airport lounge access. The value these benefits represent varies: if you don't fly overseas, then having free overseas travel insurance won't matter to you. However, access to the lounge for your domestic flights could be a meaningful benefit.

Avoid rewards credit cards if you don’t intend to pay off your balance every month

Rewards credit cards can be extremely lucrative if they are used in the most cost-effective way. But avoid them if you don’t intend to repay your balance in full each month, otherwise you’ll end up paying far more interest charges than you can possibly earn in points value.

Channel as much of your eligible spending as possible through the card

Don’t forget to use your rewards cards at every possible opportunity, from your takeaway coffee through to big-ticket items like TVs, appliances and technology (if you can afford to pay for them at the end of the month). The rewards points you’ll earn mean that you are effectively getting a discount on all your spending.

Choose a card to suit your income and spending level

There’s no point in paying a high annual fee for a premium rewards credit card, with a high points earning rate, if you won’t be spending enough each year to earn a quantity of points that can be redeemed for a value at least equal to the annual fee. Most card issuers have a range of rewards cards to suit a variety of income and spending levels. Low income earners are likely to find an entry-level rewards card the most cost-effective. Big spenders will find it worthwhile to pay for a card with a high points earning rate, because they should easily recover far more than the cost of the annual fee while potentially accessing complimentary benefits worth many thousands of dollars.

Compare complimentary benefits as well as points eaning rates

Rewards points and complimentary benefits often go hand-in-hand. So don’t be carried away by a high points earning rate and forget to compare the complimentary benefits on apparently similar cards. If you choose a card that suits your lifestyle (e.g. a card with free travel insurance and airport lounge access if you’re a regular traveller, or a card with extended warranty provisions and purchase protection insurance if you enjoy online retail therapy) you may reap even more rewards by using these benefits than you will earn in points.

Compare points redemption rates as well as points earning rates

No two rewards programs are identical in their redemption rates, charging varying amounts of points for the same merchandise, gift cards and movie tickets. So when you are deciding which rewards card is best for you, take a quick look at each program’s points redemption requirement for an option you are likely to choose, and work out which card will see you spending the lowest amount in order to earn it.

Here’s an example:

Rewards card A – points earning rate of 2.0 points per dollar, 10,000 points required for a $50 retail gift card. So you need to spend $5,000 to earn a $50 card.

Rewards card B – higher points earning rate of 2.5 points per dollar, but 15,000 points required for a $50 retail gift card. So you need to spend $6,000 to earn a $50 gift card.

Keep an eye on expiry dates

While your rewards points won’t expire if you’re regularly earning and redeeming them, don’t forget that points can expire. Make sure you’re aware of any time-related expiry conditions for your card’s rewards program, so that you don’t lose your hard-earned points. And if you’re planning to close your credit card account, it would be a good idea to spend the points first, or convert them into frequent flyer points.

Use your points wisely

Not all redemption options give you the same value for money – or in this case, per point.

If you think you’ll be travelling by air within Australia at least once a year, or overseas once every couple of years, frequent flyer points (earned directly or by converting from other rewards points) will usually be you best value option.

The next best options are probably accommodation and holiday packages, if they’re available, followed by retail gift cards and movie tickets. You’re likely to get slightly less value per point for cashback to your credit card account, and the redemption option delivering by far the worst value is merchandise like kitchen appliances, technology and fashion items from the online catalogue.

Is this the right card for me?

If you travel a lot, for business or pleasure, you’ll be spending enough on flights and hotels and other things to earn good points toward more flights and hotel stays. Keep in mind that not all reward points programs give you the option of redeeming points for travel, but most do. On the other hand, if you’re spending more than, say, $2,000 per month, you’ll be able to earn good points whether you travel or not. If you don't use a credit card often, you won’t be earning many points unless you’re happy to change your lifestyle and use your credit card for everything, making sure you pay back the balance on time each month of course.

Am I eligible to get one?

To qualify, you’ll need to be over 18 and an Australian resident. If you have a poor credit rating, or your income is very low, you might have trouble getting approval for a new rewards credit card and the rejection could damage your credit rating, so be careful.

What types of rewards are available?

There are a host of programs with which you can redeem your points for flights. Make sure you check whether they’re just redeemable with specific airlines, like Qantas or Virgin, or whether you can choose between a good selection of reputable airlines.

Other cards allow you to redeem points for things like hotel stays. Sometimes you have to book through certain partner travel agencies or with certain hotel brands, so check to see how much freedom you actually have. If you’re a traveler, you might also want to check if you get complimentary travel insurance included in the features of the card.

If travel isn’t your thing, you’ll be looking for other ways to redeem points. Many programs have online stores where you can purchase a range of products and merchandise - everything from watches, to technical gadgets, to cologne. Have a look at the store before you sign up and make sure they sell things you’d actually want or need and that items are a good deal.

Fourthly, you can redeem points for gift cards or cash back. Sometimes it is more efficient to do one rather than the other so you want to read the fine print.

How can you tell a good rewards program from a bad one?

There are several factors to consider.

Points are not equal across programs : You usually earn 1 point per $1 spent, but sometimes this goes as high as 3 points. But a point with one program is not equivalent to a point with another program - it depends on what those points actually buy.

Points capping, points expiration:  Most programs limit the amount of points you can earn in, say, a year. For the big spender particularly, this can be limiting and frustrating. Secondly, some points expire. This is a frustration for the lower spender who might take a while to build up enough points to get anything of real value. Both capping and expiry information will be found in the small print of the program.

Annual fees and interest rates: You should see whether there are annual or start up fees involved in signing up for the reward program and for the credit card. In addition, rewards points credit cards often come with both higher fees and interest rates.

Flexibility: Some cards only allow points for flights on one airline; others allow users to exchange them for flights on several airlines, or redeem them for cash back, merchandise or gift certificates.

Ease of points redemption: Unfortunately, some companies make it quite difficult to redeem points in the hope that people won’t bother. You might have to squint through the depths of the fine print to find out how on earth to get something back for your points. Look for a rewards points program that makes redemption simple and straight forward. Some even offer automated redemption, where cash back goes straight into your account at the end of the month based on the points you’ve earned.

Bonus points: As an introductory offer, many reward credit cards will offer you the opportunity to earn bonus points. Sometimes to get them you have to spend a lot of money or shop in a particular store.

Do balance transfers and cash advances earn reward points?

They do not. And, in fact, a rewards credit card may have higher interest rates on these transactions than a regular card.