Qantas Premier Platinum Mastercard

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Earn up to 100,000 bonus Qantas Points and 75 bonus Status Credits. Plus, save with 0% interest for 18 months on balance transfers.

This platinum frequent flyer card from Qantas Money is designed to offer premium rewards and luxury benefits for frequent flyers with bonus points and exclusive offers. When you apply by 30 June 2020 and spend $5,000 on eligible purchases in the first 90 days, you will earn 80,000 bonus Qantas Points. You’ll get 20,000 more on your first card anniversary. You’ll also get 75 bonus Status Credits when you make your first eligible purchase by 30 August 2020.


Bonus points

19.99% p.a.

Purchase rate


Reward point

Per $ spent (Visa/Mastercard)

$299 p.a.

Annual fee


Product NameQantas Premier Platinum
Rewards programQantas Frequent Flyer
Balance transfer rate0% p.a. for 18 months
Balance Transfer Revert RateCash Advance Rate (21.99% p.a.)
Balance Transfer Limit80% of available balance
Purchase rate (p.a.)19.99% p.a.
Annual fee$299 p.a.
Interest free period55 days
Cash advance rate (p.a.)21.99% p.a.
Min credit limit$6,000
Card typeMastercard
Foreign currency conversion fee (Visa/Mastercard)3%
Complimentary travel insuranceYes
Minimum Income$35,000
Minimum age18 years of age
Available to temporary residentsNo
Joint applicationNo


  • Up to 100,000 bonus points
  • 75 bonus Status Credits
  • Balance transfer offer of 0% p.a. for 18 months, with no BT fee
  • Earn up to 2 Qantas Points per $1 spent on Qantas purchases.
  • Complimentary overseas travel insurance and 2 lounge passes per year


  • Bonus points are not issued all at once
  • The standard $299 annual fee is relatively high
  • You will not get interest-free days on purchases if you’re carrying a balance transfer debt
Rewards programQantas Frequent Flyer
Bonus Points100,000 bonus points
Rewards Points per $ spent (Visa/Mastercard)1
Rewards Points per $ Cap (Visa/Mastercard)Uncapped
Annual fee$299 p.a.
Minimum monthly repayment2% of the closing balance or $30, whichever is greater
Late payment fee$30
Foreign currency conversion fee (Visa/Mastercard)3%
Cash Advance Fee3% or $3, whichever is greater
Overseas cash advance fee$5
Additional cardholder fee$50
Number of Additional Cardholders4

Expert review

Sally McMullen

Review by

Sally McMullen is a creative content producer at Finder, co-hosts our Pocket Money podcast and wrote about credit cards for almost five years. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone. She has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

You can take advantage of a competitive earn rate and boost your rewards with bonus points with the Qantas Premier Platinum. To give some examples, with 100,000 Qantas Points you could fly return from Sydney to Auckland in business class (83,000 points plus fees and taxes) or you could get $500 worth of Woolworths digital gift cards (95,000 points for two $250 cards). After your first eligible spend, you’ll also get 75 bonus Status Credits.

Although the total bonus points offer is high, it’s important to pay attention to the offer conditions. Unlike some other Qantas Frequent Flyer credit cards, you won’t get the total bonus points unless you meet the spend requirement and pay the annual fee on your first card anniversary.

How to apply

You can apply for the Qantas Premier Platinum 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 card if you are the primary cardholder of another Qantas Premier credit card account.

Card benefits

  • Up to 100,000 bonus Qantas Points. Earn 80,000 bonus points when you apply and get approved for a Qantas Premier Platinum by 30 June 2020 and spend at least $5,000 on eligible purchases within the first 90 days of card approval. Receive an additional 20,000 bonus Qantas Points within 12 weeks of paying the second year's annual fee. Eligible purchases include most everyday spending but exclude things like 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.
  • Bonus Status Credits. Get 75 bonus Status Credits when you apply by 30 June 2020 and make your first eligible purchase before 30 August 2020. These Status Credits can be used to attain any tier and to qualify for lifetime status.

Rates & fees

  • Annual fee. This card charges a standard annual fee of $299.
  • Purchase rate. The variable purchase interest rate for this card is 19.99% p.a.
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