In this guide

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

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Qantas Premier Platinum
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Terms and conditions apply
Bonus points
Purchase rate
19.99% p.a.
Reward point per $ spent
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 60,000 bonus Qantas Points when you apply by 01 May 2024 and spend $3,000 on eligible purchases within the first 3 months from approval. And another 20,000 bonus points if you haven’t earned Qantas Points with a credit card in the last 12 months. That’s enough for a one-way business class flight between Brisbane and Tokyo (68,400 points plus fees and taxes) or 2 return economy flights between Sydney and Auckland (72,000 points plus fees and taxes).


  • 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


  • The standard $399 annual fee is relatively high
  • You will not get interest-free days on purchases if you’re carrying a balance transfer debt
  • While most Australian spending earns 1 point per $1, 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 19.99% p.a. variable interest rate will apply if you're still paying off the purchase after the promotional period ends.


Product details

Product Name Qantas Premier Platinum
Balance transfer rate p.a. 0% for 12 months, then 21.99%
Balance transfer limit 80% of available limit
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


Available to temporary residents No
Minimum income $35,000
Joint application No


Rewards program Qantas Frequent Flyer
Bonus points 80,000
Rewards points per $ spent 1
Rewards points cap Uncapped


Annual fee $349 first year ($399 after)
Minimum monthly repayment 2% of the closing balance or $30, whichever is greater
Late payment fee $30
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

Well done, Qantas!

The Qantas Premier Platinum offered competitive bonus Qantas Points offers during period of analysis for this award. It also scored highly for the Qantas Points earned per $1 spent and yearly Qantas Club lounge invitations. Other benefits include a Qantas companion flight offer each year and complimentary insurance.

Full list of 2024 winners

How to apply

You can apply for the Qantas Premier Platinum Mastercard 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 60,000 bonus points when you apply as a new cardholder by 01 May 2024 and spend at least $3,000 on eligible purchases within the first 3 months of card approval and an additional 20,000 bonus points if you 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 6 to 8 weeks of meeting the spend requirement.
  • Discounted first-year annual fee. Apply by 01 May 2024 and pay a $349 first-year annual fee ($399 p.a. after).

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 19.99% p.a.
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