Qantas Premier Everyday Mastercard

Offers a bonus 2 Qantas Points per $1 on eligible spending in the first 4 months and a competitive $49 annual fee.

The Qantas Premier Everyday Mastercard is designed for frequent flyers who want a competitive Qantas Point earn rate without a high annual fee. When you apply for a new card by 28 February 2022, you will earn 2 bonus Qantas Points per $1 spent on eligible purchases that you make in the first 4 months from card approval, up to a total of 8,000 bonus Qantas Points.

0% p.a.

Balance transfer rate

for 12 months

8,000

Bonus points

19.99% p.a.

Purchase rate

0.75

Reward points

Per $ spent

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Details

Product NameQantas Premier Everyday
Rewards programQantas Frequent Flyer
Balance transfer rate0% p.a. for 12 months
Balance transfer revert rateCash Advance Rate (21.99% p.a.)
Balance transfer limit80% of available limit
Purchase rate19.99% p.a.
Annual fee$49
Interest-free periodUp to 55 days on purchases
Cash advance rate21.99% p.a.
Min credit limit$4,000
Card typeMastercard
Foreign currency conversion fee3%
Minimum income$35,000
Available to temporary residentsNo
Joint applicationNo

Pros

  • Earn 2 bonus Qantas Points per $1 spent on eligible purchases (up to 8,000 bonus Qantas Points)
  • Earn 0.75 Qantas Points per $1 spent on domestic purchases up to $3,000 per statement period (2,250 points) and 0.4 points per $1 spent thereafter.
  • This card comes with a complimentary overseas travel insurance.

Cons

  • Charges a 3% foreign transaction fee
  • Domestic spend threshold of $3,000 before lower points earn rate kicks in is low
Rewards programQantas Frequent Flyer
Bonus points8,000
Rewards points per $ spent0.75
Annual fee$49
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$25
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 Everyday Mastercard doesn't have the biggest bonus points offer on the market and, unlike many other offers, the bonus points are awarded based on each $1 you spend. That means, to collect the maximum 8,000 bonus Qantas Points on offer, you’d need to spend $4,000 in the first 4 months – an average of around $1,000 per month. That spend requirement is still competitive when compared to other frequent flyer cards with low annual fees.

To give you an idea of your points potential, you could use 8,000 Qantas Points for a one-way economy flight from Brisbane to Sydney (8,000 points). If flying isn’t on the cards yet, you could also use these points to get $25 worth of Woolworths WISH digital gift cards through the Qantas Store (5,220 points for one $25 gift card).

How to apply

You can apply for the Qantas Premier Everyday Mastercard online in 10 minutes. To get started, make sure you meet the eligibility requirements and have the relevant documents and details on hand.

Eligibility criteria

  • Income. You must earn at least $35,000 per year to apply for this card.
  • New customer. 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 8,000 bonus Qantas Points. Apply for a new card by 28 February 2022 and you will earn 2 bonus Qantas Points per $1 spent on eligible purchases you make in the 4 months from card approval, up to a total of 8,000 bonus Qantas Points. These bonus points are in addition to the standard Qantas Points per $1 you'll earn with this card.
  • Earn Qantas Points as you spend. You'll earn 0.75 Qantas Points per $1 spent up to $3,000 per statement period (2,250 points) and 0.4 Qantas Points per $1 spent thereafter. Eligible transactions include most everyday purchases, such as retail shopping, food and drinks, petrol and travel bookings. Transactions that won’t earn points include cash advances, balance transfers and BPAY payments. You'll collect 1 Qantas Point per $1 spent on international purchases and 1 additional Qantas Point per $1 spent on eligible Qantas spend.

Rates & fees

  • Annual fee. This card charges a competitive standard annual fee of $49. If you choose to add an additional cardholder, a $25 annual fee applies for each additional cardholder.
  • Purchase rate. The variable interest on purchases is 19.99% p.a.
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