Qantas Premier Everyday Mastercard

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Score up to 25,000 bonus Qantas Points, a discounted first year annual fee and complimentary travel insurance.

The Qantas Premier Everyday Mastercard is designed for frequent flyers who want a competitive Qantas Point earn rate without the high annual fee.

0% p.a.

Balance transfer rate

for 12 months

25,000

Bonus points

19.99% p.a.

Purchase rate

0.75

Reward points

Per $ spent (Visa/Mastercard)

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 balance
Purchase rate (p.a.)19.99% p.a.
Annual fee$29 p.a. annual fee for the first year ($49 p.a. thereafter)
Interest Free Period55 days
Cash advance rate (p.a.)21.99% p.a.
Min credit limit$4,000
Card TypeMastercard
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Complimentary Travel InsuranceYes
Minimum Income$35,000
Minimum Age18 years of age
Available to Temporary ResidentsNo
Joint ApplicationNo

Pros

  • Up to 25,000 bonus Qantas Points
  • Discounted $29 annual fee in the first year ($49 thereafter)
  • 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

  • Spend requirement for bonus points is complicated (receive 5,000 points/month when you spend $1,000/month on eligible transactions for the first 5 months)
  • Domestic spend threshold of $3,000 before lower points earn rate kicks in is low
Rewards ProgramQantas Frequent Flyer
Bonus Points25,000 bonus points
Rewards Points per $ spent (Visa/Mastercard)0.75
Annual fee$29 p.a. annual fee for the first year ($49 p.a. thereafter)
Minimum Monthly Repayment2% of the closing balance or $30, whichever is greater
Late Payment Fee$30
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Cash Advance Fee3% or $3, whichever is greater
Overseas Cash Advance Fee$5
Additional Cardholder Fee$25
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

The Qantas Premier Everyday Mastercard doesn't have the biggest bonus points offer on the market, but it is competitive when compared to other frequent flyer cards with low annual fees.

To give you an idea of your points potential, you could use 25,000 Qantas Points for a return economy flight from Sydney to Brisbane (8,000 points each way) or a one-way economy flight from Sydney to Auckland (18,000 points).

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 25,000 bonus Qantas Points. New cardholders who apply by 30 June 2020 will collect 5,000 points each month for the first 5 months when you spend $1,000 or more on eligible purchases each month. If you happen to miss out on points for one or more months, you are still eligible for the remainder. The bonus points will be credited to your account within 8 weeks of the spend requirement being met each month.
  • Discounted $29 first year annual fee. The Qantas Premier Everyday's standard annual fee is $49, but when you apply by 30 June 2020, you will save $20 with a $29 first year annual fee.

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.
  • Purchase rate. Outside of any purchase rate promotions, if you don't pay your balance in full by the payment due date, your purchases will collect interest at the rate of 19.99% p.a.
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