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Is this card worth it?

Points cards usually charge an annual fee. Pick a card and your spend to see whether the points (and any sign-up bonus) are worth more than the fee, based on how you value a point.

Last updated

2 pt/$ · fee $395

What you realistically get per point (e.g. ~1.5c for Qantas/Velocity).

Points / year (ongoing)
72,000 pts
Points value / year
$1,080
Less annual fee
− $395
Net value / year (ongoing)
$685
Net value, first year (incl. bonus)
$685

Rough guide only — your real value depends on how well you redeem. Bonus categories and caps (see the card's notes) can change ongoing earn.

Frequently asked

How should I value a point for this?
Use your personal baseline — the value you'll realistically get from the redemptions you actually make, not a best-case premium-cabin figure. Work it out first with the points-value tool, then feed that number in here.
Does it count the sign-up bonus?
Yes. The sign-up bonus is often what tips a card past its annual fee in year one, so it's included — but check you can meet the minimum spend without manufacturing purchases.
Is a card with a fee ever worth it?
Often, if your spend and the sign-up bonus generate points worth more than the fee at your baseline value. A higher earn rate only pays off if you spend enough to outrun the fee — this tool shows you where the line is.

Related guides

Points 101: how to start earning points in Australia
Where points come from, which currency to pick, and how to start without overspending.
What are your points worth? A cents-per-point guide
Stop guessing — calculate what a point is really worth before you redeem, in cents per point.

Estimates only — points programs change often and award availability varies. Confirm current details with the program before booking. See our methodology.