HSBC Platinum Qantas Credit Card
Save with a $0 first year annual fee and earn Qantas Points for your spending with the HSBC Platinum Qantas Credit Card.
The HSBC Platinum Qantas Credit Card offers a complimentary Qantas Frequent Flyer membership and earns up to 1 Qantas Point per $1 spent on eligible purchases made in Australia and overseas.
0% p.a.
Balance transfer rate
for 12 months
19.99% p.a.
Purchase rate
1
Reward point
Per $ spent (Visa/Mastercard)
$0 p.a.
Annual fee
for the first year ($79 p.a. thereafter)
Details
Product Name | HSBC Platinum Qantas Credit Card |
---|---|
Rewards Program | Qantas Frequent Flyer |
Balance transfer rate | 0% p.a. for 12 months |
Balance Transfer Revert Rate | Cash Advance Rate (21.99% p.a.) |
Balance Transfer Limit | 90% of available balance |
Purchase rate (p.a.) | 19.99% p.a. |
Annual fee | $0 p.a. annual fee for the first year ($79 p.a. thereafter) |
Interest Free Period | 55 days |
Cash advance rate (p.a.) | 21.99% p.a. |
Min credit limit | $6,000 |
Card Type | Visa |
Foreign Currency Conversion Fee (Visa/Mastercard) | 3% of transaction value |
Complimentary Travel Insurance | Yes |
Minimum Income | $40,000 |
---|---|
Minimum Age | 18 years of age |
Available to Temporary Residents | Yes - Conditions apply |
Joint Application | No |
Pros
- $0 annual fee for the first year
- Complimentary purchase and travel insurance covers
- Earns up to 1 Qantas Point per $1 spent
Cons
- Spend threshold of $2,500 per statement period before the lower earn rate kicks in is relatively low
- Does not offer lounge passes
Rewards Program | Qantas Frequent Flyer |
---|---|
Rewards Points per $ spent (Visa/Mastercard) | 1 |
Rewards Points per $ Cap (Visa/Mastercard) | 7,500 |
Annual fee | $0 p.a. annual fee for the first year ($79 p.a. thereafter) |
---|---|
Minimum Monthly Repayment | 3% of the closing balance or $20, whichever is greater |
Late Payment Fee | $30 |
Foreign Currency Conversion Fee (Visa/Mastercard) | 3% of transaction value |
Cash Advance Fee | 3% or $4, whichever is greater |
Additional Cardholder Fee | $0 |
Expert review
Review by
Amy Bradney-George
amy.bradney-george@finder.comAmy is an editor and writer at finder.com.au with more than 10 years experience covering credit cards, personal finance and various lifestyle topics. When she’s not sharing her knowledge on money matters, Amy spends her time as an actress.