This card offers up to 100,000 bonus Qantas Points, travel perks and a discounted $349 annual fee in the first year.
The Qantas Premier Platinum credit card offers strong point-earning rates and attractive travel benefits, including complimentary lounge access and a discounted companion flight. New cardholders can earn 70,000 bonus Qantas Points by spending $3,000 on eligible purchases within the first 3 months of approval. If you meet this spend requirement and haven’t earned Qantas Points with a credit card in the past 12 months, you can earn an additional 30,000 bonus points. These points could cover a return economy flight between Melbourne and Los Angeles (83,800 points plus fees and taxes) or a return business class flight between Sydney and Auckland (83,000 points plus fees and taxes).
Pros | Cons |
|---|---|
Up to 100,000 bonus Qantas Points | Charges a 2% BT fee |
Up to 2 Qantas Points per $1 spent | The standard $399 annual fee is relatively high |
Balance transfer offer of 0% p.a. for 12 months | Interest-free days won't apply if you’re carrying a balance transfer debt |
Discounted $349 first-year annual fee | Anything over $10,000 in a statement period earns a lower rate of 0.5 points per $1 |
The Qantas Premier Platinum Credit Card earns 0.5 to 1.5 Qantas Points per $1 on eligible everyday spending, and up to 2 points per $1 on purchases with Qantas. Benefits include 2 airport lounge invitations annually, complimentary travel insurance, a yearly discounted companion flight for eligible domestic trips with Qantas, and 6 months of interest-free financing on your first eligible Qantas purchase. Note that the standard variable interest rate of 19.99% p.a. applies if you have an outstanding balance after the promotional period.
Details of Qantas Premier Platinum Card
Product Details
Product Name | Qantas Premium Platinum Card |
Balance transfer rate p.a. | 0% for 12 months with 2% balance transfer fee, then 21.99% |
Balance transfer limit | 80% of available limit |
Purchase rate p.a. | Purchase rate p.a. 19.99% |
Interest-free period | Up to 55 days on purchases |
Cash advance rate p.a. | 21.99% |
Min credit limit | $6000 |
Card type | Mastercard |
Eligibility
Available to temporary residents | Yes |
Minimum income | $35,000 |
Joint application | No |
Rewards
Rewards program | Qantas Frequent Flyer |
Bonus points | 100,000 |
Rewards points per $ spent | 1 |
Rewards points cap | Uncapped |
Fee
Annual fee | Annual fee $349 first year ($399 after) |
Minimum monthly repayment | 2% of the closing balance or $25, whichever is greater |
Late payment fee | $30 |
Foreign currency conversion fee | Foreign currency conversion fee 3% |
Cash advance fee | 3% or $3, whichever is greater |
Overseas cash advance fee | $5 |
Additional cardholder fee | $50 |
Number of additional cardholders | 4 |
How to Apply
You can apply for the Qantas Premier Platinum Mastercard online in about 10 minutes. Before starting your application, make sure you meet the eligibility criteria and have all required information ready.
Eligibility Criteria
Income. To apply for this card, you must have an annual income of at least $35,000.
Current Qantas Premier Cardholder Status. You are not eligible if you are currently the primary cardholder of another Qantas Premier credit card or have held one in the past 12 months.
Qantas Frequent Flyer Membership. You must be a current Qantas Frequent Flyer member. If you're not a member, you can join for free during the application process.
Residency. You need to be an Australian citizen or permanent resident with an Australian residential address and mobile phone number.
Age. You must be at least 18 years old to apply.
Eligible Balance Transfer Debt. You can transfer up to 80% of your available credit limit from other accounts.
Required Documents
Personal Details. Include your full name, date of birth, residential address, email address, and contact number.
Identification. Provide your driver’s licence, passport, or Medicare number. A driver’s licence is generally preferred.
Employment. Supply details of your current employer, job title, salary, and your employer’s contact information. You may also need to provide recent payslips or your work agreement as proof. If self-employed, include your tax accountant’s details and recent Tax Assessment Notices.
Finances. Offer information about your assets (e.g., savings, investments) and liabilities (e.g., existing credit cards, loans). You will also need to estimate your regular expenses, such as for food, housing, and utilities.
Balance Transfer Details. Provide the name of the financial institution, BPAY reference number, and the amount you wish to transfer.
This straightforward application process is designed to accommodate Australians searching for an effective credit card solution that manages existing debt efficiently while offering new purchasing power.
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