In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees

Qantas Premier Platinum Card

  • Richard Whitten's headshot
Qantas Premier Platinum
Go to site
Terms and conditions apply
Bonus points
80,000
Purchase rate
20.99% 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 80,000 bonus Qantas Points, travel perks and a discounted $349 annual fee in the first year.

The Qantas Premier Platinum has competitive points per $1 earn rates and travel perks including lounge invitations and a discounted companion flight offer. If you're a new cardholder, you'll also get 50,000 bonus Qantas Points when you spend $3,000 on eligible purchases within the first 3 months from approval. And another 30,000 bonus points if you met the above spend criteria and haven’t earned Qantas Points with a credit card in the last 12 months. That’s enough for a return economy class flight between Sydney and Tokyo (63,000 points plus fees and taxes) or a one-way business class flight between Melbourne and Denpasar, Indonesia (57,000 points plus fees and taxes).

Pros

  • Up to 80,000 bonus Qantas Points
  • Up to 2 Qantas Points per $1 spent
  • Balance transfer offer of 0% p.a. for 12 months
  • Discounted $349 first-year annual fee

Cons

  • Charges a 2% balance transfer fee
  • The standard $399 annual fee is relatively high
  • Interest-free days won't apply if you’re carrying a balance transfer debt
  • Anything over $10,000 in a statement period earns a lower rate of 0.5 points per $1

In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees

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 20.99% p.a. variable interest rate will apply if you're still paying off the purchase after the promotional period ends.

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.
20.99%
Interest-free period
Up to 44 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 80,000
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
Finder Awards badge

Congratulations, Qantas!

Qantas Premier Platinum received the highly commended award for 'Frequent Flyer Credit Card – Qantas' in the 2024 Product Awards.

Full list of 2024 winners

How to apply

You can apply for the Qantas Premier Platinum credit card online in 10 minutes. Before you apply, check if you meet the eligibility criteria and that you have the necessary information to complete the application:

Eligibility criteria

  • Income. You must earn at least $35,000 per year to apply for this card.
  • Current Qantas Premier cardholder status. You won't be eligible to apply for this offer if you are the primary cardholder of another Qantas Premier credit card account or have held one in the previous 12 months.

Card benefits

  • Up to 80,000 bonus Qantas Points. Earn 50,000 bonus Qantas Points when you apply as a new cardholder and spend at least $3,000 on eligible purchases within the first 3 months of card approval and an additional 30,000 bonus points if you meet the spend criteria for the 50,000 bonus points and haven't earned Qantas Points with a credit card in the last 12 months. Most of your everyday spending will be eligible to earn points, but transactions that aren't eligible purchases include cash advances, balance transfers, BPAY payments and government-related transactions. Your bonus points will be credited to your account within 2 months of meeting the spend requirement. Offer started on 05 November 2024 and may be varied or withdrawn anytime.
  • Discounted first-year annual fee. Pay a $349 first-year annual fee ($399 p.a. after). Offer started on 1 June 2023 and fees are subject to change.

Rates & fees

  • Annual fee. Outside of any promotions, this card charges a standard annual fee of $399.
  • Purchase rate. The variable purchase interest rate for this card is 20.99% p.a.
Go to site
Get matched with the right card for you