Tired with the slow rate of points from simple lousy purchasing, my newest round of credit card applications (all in one day) is as follows:
QFF Signup bonus - signup cost waived, plus 10,000 QFF points if 10,000 points earned in first three months (bonus points from credit card applications count so I've already ticked this box)
ANZ Frequent Flyer Platinum - 25,000 QFF points, no annual fee (approved)
ANZ Rewards Platinum - 25,000 ANZ Rewards (can be converted into Velocity 1 for 1), no annual fee (approved)
NAB Qantas Rewards Platinum - 40,000 QFF for a $250 annual fee (approved)
NAB Velocity - 10,000 Velocity points, $65 annual fee (referred)
AMEX Velocity Escape - 10,000 Velocity, no annual fee (awaiting response)
Citibank Qantas Signature - 50,000 Velocity (10k spend in first three months), $348 annual fee (awaiting response)
I'm paying the annual fees on a couple of these, I'll try and get a refund when I cancel them but I'm fine with the cash -> points ratio on the ones I applied for. There were a few others I decided not to go for because the $-points wasn't as good.
I've also applied for a Bankwest Qantas transaction account. Unfortunately they no longer have a QFF points signup bonus but apparently the 5QFF points per transaction can be used 50 times per day and some people have had success doing, for example, 1c transactions for their phone bill at a time on the telstra website, 50 times per day. I'll give it a go and see if it's too tedious or not but if I could keep it up it would work out to be about 90,000 points annually.
Yes, I was bored last night.