Qantas Premier Platinum Mastercard

Earn 80,000 bonus Qantas Points and 80 bonus Status Credits, plus save with a discounted $225 first-year annual fee.

This platinum frequent flyer card from Qantas Money offers you premium rewards and luxury benefits – including bonus points and status credits. You’ll earn 80,000 bonus Qantas Points when you apply by 04 August 2021 and spend $4,000 on eligible purchases within the first 3 months of card approval. And, when you make an eligible purchase by 04 September 2021, you’ll also get 80 bonus Status Credits.

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Bonus points

19.99% p.a.

Purchase rate


Reward point

Per $ spent

$225 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$225 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


  • 80,000 bonus Qantas points
  • 80 bonus Status Credits
  • Balance transfer offer of 0% p.a. for 18 months
  • Discounted $225 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 points80,000
Rewards points per $ spent1
Rewards points capUncapped
Annual fee$225 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

Right now the Qantas Premier Platinum is one of the only credit cards that offers bonus Qantas Status Credits and bonus Qantas Points. To give you an idea of the value, you’d earn 80 Status Credits for a one-way business class flight from Sydney to Perth – which could cost hundreds of dollars. With the bonus points, you’d have enough for a return business class flight between Melbourne and Sydney (83,000 points plus fees and taxes) – because spending $4,000 on eligible purchases would give you an extra 4,000 Qantas Points. Or you could get $375 worth of Woolworths digital gift cards (77,700 points for a combination of $250, $100, 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 card if you are the primary cardholder of another Qantas Premier credit card account.

Card benefits

  • 80,000 bonus Qantas Points. Earn 80,000 bonus points when you apply as a new cardholder and get approved for a Qantas Premier Platinum by 04 August 2021 and spend at least $4,000 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.
  • Bonus Status Credits. You'll also get 80 bonus Status Credits when you make an eligible purchase by 04 September 2021.

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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