Qantas Premier Platinum Mastercard

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Earn up to 100,000 bonus Qantas Points and save with a 0% interest for 18 months on balance transfers with the Qantas Premier Platinum credit card.

This platinum frequent flyer card from Qantas is designed to offer premium rewards and luxury benefits for frequent flyers with bonus points and exclusive Qantas offers.


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


  • 80,000 bonus Qantas Points when you spend $5,000 in the first 90 days and another 20,000 after you pay the second year's annual fee (100,000 total)
  • 0% p.a. interest rate on balance transfers for the first 18 months, with no balance transfer fee
  • Earn up to 2 Qantas Points per $1 spent on Qantas purchases.
  • Two complimentary lounge invitations each anniversary year
  • Complimentary overseas travel insurance


  • Bonus points are not issued all at once
  • The standard $299 annual fee is relatively high
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 Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.

Expert review

You can take advantage of a competitive earn rate and boost your rewards with bonus points when you use the Qantas Premier Platinum Mastercard. To give some examples, you could fly return from Brisbane to Denpasar in business class (42,200 points each way) or return from Perth to Doha in economy (45,000 points each way) with 100,000 Qantas Points.

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 28 May 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.
  • Qantas Points per $1 spent. You'll earn 2 points per $1 spent on Qantas flights, Qantas Club membership and purchases through the Qantas Store, 1.5 points per $1 spent overseas and 1 Qantas Point per $1 spent on eligible purchases in Australia up to $10,000 per month (0.5 points per $1 spent after that).

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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