The Qantas Premier Platinum Credit Card earns between 0.5 and 1.5 Qantas Points per $1 on eligible everyday spending, and up to 2 points per $1 with Qantas. It also offers 2 airport lounge invitations per year, complimentary travel insurance, a yearly discounted companion flight offer for eligible domestic trips with Qantas and 6 months interest-free on your first eligible Qantas purchase with the card. Just keep in mind that the 19.99% p.a. variable interest rate will apply if you're still paying off the purchase after the promotional period ends.
Qantas Premier Platinum Mastercard
![Qantas Premier Platinum](https://www.finder.com.au/niche-builder/659f7dccb39b0.png)
- Bonus points
- 100,000
- Purchase rate
- 19.99% p.a.
- Reward point per $ spent
- 1
- Annual fee for the first year ($399 p.a. thereafter)
- $349 p.a.
Our verdict
This card offers up to 100,000 bonus Qantas Points, travel perks and a discounted $349 annual fee in the first year.
Pros
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Up to 100,000 bonus Qantas Points
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Up to 2 Qantas Points per $1 spent
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Balance transfer offer of 0% p.a. for 12 months
-
Discounted $349 first-year annual fee
Cons
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Charges a 2% BT fee
-
The standard $399 annual fee is relatively high
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Interest-free days won't apply if you’re carrying a balance transfer debt
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Anything over $10,000 in a statement period earns a lower rate of 0.5 points per $1
Details
Product details
Product Name | Qantas Premier Platinum |
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 | $6,000 |
Card type | Mastercard |
Eligibility
Available to temporary residents | No |
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 |
Fees
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 |