Qantas Premier Platinum Mastercard

Offers 90,000 bonus Qantas Points, travel perks and a discounted $199 annual fee in the first year, which goes to $299 after that.

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. Right now, it’s offering new cardholders a bonus 90,000 Qantas Points when you apply by 28 February 2022 and spend $3,500 on eligible purchases within the first 3 months.

1.0 ★★★★★ (3 reviews) Write a review


Bonus points

19.99% p.a.

Purchase rate


Reward point

Per $ spent

$199 p.a.

Annual fee

for the first year ($299 p.a. thereafter)

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Product NameQantas Premier Platinum
Rewards programQantas Frequent Flyer
Balance transfer rate0% p.a. for 18 months with 1% balance transfer fee
Balance transfer revert rateCash Advance Rate (21.99% p.a.)
Balance transfer limit80% of available limit
Purchase rate19.99% p.a.
Annual fee$199 annual fee for the first year ($299 p.a. thereafter)
Interest-free periodUp to 55 days on purchases
Cash advance rate21.99% p.a.
Min credit limit$6,000
Card typeMastercard
Foreign currency conversion fee3%
Minimum income$35,000
Available to temporary residentsNo
Joint applicationNo


  • 90,000 bonus Qantas Points
  • Balance transfer offer of 0% p.a. for 18 months
  • Discounted $199 first-year annual fee


  • Charges a one-time 1% BT fee
  • 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 points90,000
Rewards points per $ spent1
Rewards points capUncapped
Annual fee$199 annual fee for the first year ($299 p.a. thereafter)
Minimum monthly repayment2% of the closing balance or $30, whichever is greater
Late payment fee$30
Foreign currency conversion fee3%
Cash advance fee3% or $3, whichever is greater
Overseas cash advance fee$5
Additional cardholder fee$50
Number of additional cardholders4

Review by

Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The Qantas Premier Platinum combines solid earn rates with a mix of travel perks that include lounge invitations and a discounted companion flight offer. You can also get extra value from the 90,000 bonus Qantas Points offer, which would be enough for a return business class flight between Sydney and Auckland (87,600 points plus fees and taxes). Or you could get $425 worth of Woolworths digital gift cards (88,090 points for a combination of $250, $100, $50 and $25 gift cards).

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 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

  • 90,000 bonus Qantas Points. Earn 90,000 bonus points when you apply as a new cardholder and get approved for a Qantas Premier Platinum by 28 February 2022 and spend at least $3,500 on eligible purchases within the first 3 months of card approval. 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.
  • Discounted first-year annual fee. Apply by 28 February 2022 and you will save $100, thanks to $199 first-year annual fee ($299 p.a. thereafter).

Rates & fees

  • Annual fee. Outside of any promotions, 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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