Frequent Flyer Diners Club Card and World Mastercard Card

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Get premium Diners Club rewards and the convenience of a Mastercard.

The Frequent Flyer Diners Club is a charge card account that offers 1.25 Qantas Points per $1 for eligible purchases made with the Diners Club card and 0.5 Qantas Points per $1 spent with the linked Mastercard

0.5

Reward points

Per $ spent

$260 p.a.

Annual fee

37 days

Interest free period

Details

Product NameFrequent Flyer Diners Club Card + World Mastercard Card
Rewards programQantas Frequent Flyer
Purchase rateN/A
Annual fee$260
Interest-free period37 days
Card typeDiners Club
Foreign currency conversion fee3.4%
Minimum income$75,000
Available to temporary residentsNo
Joint applicationNo

Pros

  • Comes with complimentary travel insurance
  • Provides free access to the over 700 international airport and Members Lounges
  • 12-month access to Regus Business Lounge

Cons

  • This card has a high annual fee of $260
  • Its maximum interest-free period on purchases is only 37 days, which is much shorter compared to most cards that offer 55 days
Rewards programQantas Frequent Flyer
Bonus pointsN/A
Rewards points per $ spent0.5
Annual fee$260
Foreign currency conversion fee3.4%
Cash advance fee4% or $4, whichever is greater
Overseas cash advance fee4% or $4, whichever is greater
Additional cardholder fee$50

Expert review

Amy Bradney-George

Review by


Amy Bradney-George is the acting editor for Finder X and a senior writer for credit cards and Finder Green. She has more than 13 years' experience as a journalist and writer, with bylines in publications including The Equity Magazine, The Sydney Morning Herald, ABC News and produce industry website FreshPlaza. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University, and when she’s not putting (virtual) pen to paper, she spends her time as an actress.

Expert review

While Diners Club cards are not widely accepted in Australia, the 1.25 points per $1 earn rate on this card may tempt Qantas Frequent Flyer members who are looking to rack up points quickly. But if most of your spending is with busiensses that don’t accept Diners Club cards, you’ll only get 0.5 Qantas Points per $1 spent through the Mastercard. This earn rate is on the lower end of the scale, especially considering the $260 annual fee.

How to apply

You can apply for the Frequent Flyer Diners Club Card and World Mastercard account by filling in a secure application form on the Diners Club website. Get started by making sure you meet the eligibility criteria and have all the documents and details you'll need to complete the application.

Eligibility criteria

  • Age. You must be at least 18 years of age.
  • Minimum income. You must earn at least $75,000 per year.

Card benefits

  • Qantas Points. Earn 1.25 Qantas Points per $1 spent on eligible purchases with the Diners Club Charge Card and 0.5 points per $1 spent with the Mastercard. Eligible transactions cover most everyday purchases and, unusually, cash advances. Transactions that are not eligible to earn points include account fees and charges, taxes and government-related transactions.
  • Extra points for spending with Qantas. Collect 1 additional Qantas Point per $1 spent on Qantas passenger flights (with a QF flight number), Qantas Club membership or Qantas Frequent Flyer membership. Additional points are only available when the payment is made directly to Qantas in Australia.

Rates & fees

  • Annual fee. This account has a $260 annual fee.
  • Billing period. There are 37 days in each billing period. As this is a charge card, you will need to pay the entire statement balance by the due date.

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4 Comments

  1. Default Gravatar
    Bruce
    February 16, 2016

    (1) What charges and limits apply to a cash advance taken using a Diners Club card, and a companion MasterCard, from an ATM outside Australia?
    (2) How many Qantas Frequent Flyer points per dollar spent does my (a) Diners Club card and (b) companion MasterCard accrue during the first $60,000 spent per year? How many points per dollar spent after $60,000, for each card?

    • Avatarfinder Customer Care
      Jonathan
      February 19, 2016

      Hi Bruce, thanks for your question!

      The overseas cash advance charges would be $4 or if greater than $100 or 4% of the amount advanced with a withdrawal fee of $3 per transaction.

      The Frequent Flyer Diners Club card will earn 1 Qantas Point per $1 spent.
      The Frequent Flyer Diners Club + World MasterCard (Companion MasterCard) will earn 1 Qantas Point per $1 spent.

      Cheers,

      Jonathan

  2. Default Gravatar
    jim
    January 7, 2016

    Access to airport lounges in Australia?

    • Avatarfinder Customer Care
      Sally
      January 7, 2016

      Hi Jim,

      Thanks for your question.

      The Diners Club World MasterCard does offer cardholders access to over 450 airport lounges around the world, but unfortunately none of those are located in Australia.

      You can compare credit cards that offer free access to airport lounges in Australia and around the world here.

      I hope this has helped.

      Cheers,

      Sally

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