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Citi Prestige Qantas Card

Offers 100,000 bonus Qantas Points and luxury perks, including unlimited airport lounge access. Just make sure you get enough value to justify the $749 annual fee.

The Citi Prestige Qantas Card is designed for high earners and frequent travellers who want to get Qantas Points for their everyday spending. It offers between 0.5 and 1.5 Qantas Points per $1 on eligible transactions, earning the most points for spending with major domestic airlines, hotel chains and restaurants – as well as for eligible international spending.

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Bonus points

21.49% p.a.

Purchase rate


Reward points

Per $ spent

$749 p.a.

Annual fee

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Product NameCiti Prestige Qantas Card
Rewards programQantas Frequent Flyer
Balance transfer rate p.a.0% for 6 months
Balance transfer revert rateCash Advance Rate (22.24% p.a.)
Balance transfer limit80% of available limit
Purchase rate p.a.21.49%
Annual fee$749
Interest-free periodUp to 44 days on purchases
Cash advance rate22.24% p.a.
Min credit limit$30,000
Max credit limit$100,000
Card typeMastercard
Foreign currency conversion fee3.4%
Minimum income$150,000
Available to temporary residentsNo
Joint applicationNo


  • 100,000 bonus Qantas Points when you spend $7,500 within 60 days from card approval
  • Up to 1.5 Qantas Points per $1 spent on eligible purchases
  • Complimentary airport transfers and unlimited lounge access


  • The $749 annual fee is very expensive
  • The purchase interest rate of 21.49% p.a. is high
Rewards programQantas Frequent Flyer
Bonus points100,000
Rewards points per $ spent0.5
Rewards points capUncapped
Annual fee$749
Minimum monthly repayment2% of the closing balance or $30, whichever is greater
Late payment fee$30
Foreign currency conversion fee3.4%
Cash advance fee3.5% or $3.50, whichever is greater
Overseas cash advance fee$5
Additional cardholder fee$0
Number of additional cardholders4

Review by

Amy has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. She is also the editorial lead for Finder Green, covering sustainability across different industries. Her work has appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy also has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The Citi Prestige Qantas Card has a competitive introductory offer, giving you a way to get 100,000 Qantas Points in a few months if you meet the spend requirement. That's enough to fly return from Melbourne to Auckland in business class (83,000 points) – with points left over. It’s also enough points to book 2 return premium economy flights from Sydney to Christchurch (72,000 points).

Although this card offers unlimited access to Priority Pass lounges, it doesn’t offer any Qantas Club Lounge invitations, which could be a downside if you regularly travel with Qantas.

On 1 June 2022, Citi's consumer banking business was acquired by NAB. Citi credit cards are still available for application and will have the Citi brand. However, the contract for these cards is now with NAB.

How to apply

You can apply for the Citi Prestige Qantas Credit Card online in 10 minutes, but you'll need to make sure you meet the eligibility requirements and have the necessary documents before you get started.

Eligibility criteria

  • Income. You must earn an annual income of at least $150,000.
  • Residency. You must be an Australian permanent resident or citizen.

Card benefits

  • 100,000 bonus Qantas Points. Earn 100,000 bonus Qantas Points when you apply by 31 August 2022 and spend $7,500 on eligible purchases within 60 days from card approval. Your bonus points will be credited to your Qantas Frequent Flyer account within 8 weeks of meeting the spend criteria. You must provide your Qantas Frequent Flyer membership number upon application and an additional $49 annual fee applies to join the Citibank Qantas Rewards program.
  • Uncapped Qantas Points. Get rewarded with 1.5 Qantas Points per $1 spent on eligible international spending and eligible domestic purchases made with major airlines, hotel chains and restaurants. You'll also earn 1 point per $1 on Australian spending at selected domestic purchases made at major petrol outlets, supermarkets and national retailers and 0.5 points per $1 spent everywhere else on domestic eligible transactions.

Rates & fees

  • Annual fee. The Citi Prestige Qantas Credit Card charges an annual fee of $749 (this includes the $49 Citibank Qantas Rewards Program yearly fee).
  • Purchases interest rate. The purchase rate for this card is 21.49% p.a. (variable).

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