Need Adivce: Looking for 1QF point/$1 credit card for Adult + 16yr old (supp.)

BFinlay · #1 (**permalink**) 15th July 2007, 12:25 PM

Hi,
I'm a long time reader and wanted to ask the 'experts' for advice.

I'm a 16year old FF-savvy student who is looking to make the most out of my somewhat limited income. Looking for a credit card that has a relatively low annual fee and at least 1 QFpoint / $1.

I don't care about interest rates as they probably won't affect me (due to low spending) but am interested in sign up bonuses.

If it’s Visa/Mastercard looking for 1 QFpoint / $1 and for Amex would prefer higher point earning rate.

As one of my parents is a Chartered Accountant the cost of a Gold credit card (1 QFpoint / $1) is zilch for the card and one supplementary, however, there are no sign-on bonuses and if your going to bother with an Amex you'd want higher point earning capabilities. Alternatively there is the Platinum credit card (1.5 QFpoint / $1) for $200 ($100 off) w/supplementary free; however, I wouldn’t be eligible for most of the benefits on the card as a supplementary.

I'm not really interested in the "free QF domestic flight" UNLESS its: a) transferable OR b) I can pay to upgrade the fare to supersaver/flexisaver that is point earning and upgradeable.

I really appreciate your advice. Thanks!

By the way, I'm not a silver spoon brat, just looking for an easy way to manage transactions/paying back parents while earning points.

NM · #2 (**permalink**) 15th July 2007, 03:43 PM

how much annual spend do you expect to have with this card? If your spend is very low, then the value of the QF FF points may not be worth it.

I would also recommend steering clear of Amex since most people with Amex also require a Visa/MC for those merchants that don't accept Amex.

BFinlay · #3 (**permalink**) 15th July 2007, 03:49 PM

Annual spend probably $3-$10k+ depending upon whether we book family holidays on the card or not.

We probably would as my parents dont want to budge off their private bank negotiated non-rewards cards but are seeing the light about the value in points, particularly after I've secured $20k worth of U awards/upgrades for us!

Maca44 · #4 (**permalink**) 15th July 2007, 03:52 PM

Quote:

Originally Posted by BFinlay

We probably would as my parents dont want to budge off their private bank negotiated non-rewards cards but are seeing the light about the value in points, particularly after I've secured $20k worth of U awards/upgrades for us!

What card did you use to secure the $20K worth of award/upgrade flights

BFinlay · #5 (**permalink**) 15th July 2007, 04:47 PM

What I meant was my parents are following my lead in regards to holidays. After booking flights strategically to secure upgrades or puting requests through the Premium Desk (and seeing the value of it) they are willing let me have some control over choosing hotels/airline/carhire and determining which product we will buy through who at what rate.

davocns · #6 (**permalink**) 15th July 2007, 09:30 PM

Is'nt the legal age 18 before you can enter into a financial agreement / contract with a lender of money, or anyone for that matter ?

Evan · #7 (**permalink**) 15th July 2007, 09:44 PM

Quote:

Originally Posted by davocns

Is'nt the legal age 18 before you can enter into a financial agreement / contract with a lender of money, or anyone for that matter ?

Not sure how the law reads but certianly if your parents are garanteeing the card or your a secondary card holder is is no problems.

E

Mal · #8 (**permalink**) 15th July 2007, 10:35 PM

You could look at the Citibank free-for-life Gold Card talked about on this website in various threads.

Apparently it's still open for applications and has a 1:1 conversion ratio. Not sure of the additional cardholder options on that one though (Normal additional cardholder for Citibank is $30/year)

Another option might be the Commbank Platinum Visa/Mastercard. $200/year (+$15 for an additional card). 1:1 conversion.

Chicken · #9 (**permalink**) 16th July 2007, 12:59 AM

Quote:

Originally Posted by Mal

You could look at the Citibank free-for-life Gold Card talked about on this website in various threads.

I would say this is the best I have found so far, point wise. Service level is a complete disaster though.

Quote:

Not sure of the additional cardholder options on that one though (Normal additional cardholder for Citibank is $30/year)

All extra cards are free. I got one for my partner, and one for my sister. All free.

BFinlay · #10 (**permalink**) 16th July 2007, 11:23 AM

Does anyone know when the Citibank Gold no-annual-fee-ever offer will expire?

Specifically this link:
Citibank Australia - Special Introductory Offer Application

Thanks!