Qantas Premier Titanium credit card

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Earn 150,000 bonus Qantas Points when you meet the spend requirement, plus enjoy 20% bonus Status Credits and First Lounge invitations with the Qantas Premier Titanium card.

The Qantas Premier Titanium credit card is Qantas Money's top-tier frequent flyer product. New cardholders can boost their points balance with 150,000 bonus Qantas Points after spending $5,000 in the first 90 days from approval. You'll earn Qantas Points as you spend and can ascend the Qantas tiers quicker with 20% bonus Status Credits when you use your card to pay for eligible Qantas flights.

0% p.a.

Balance transfer rate

for 6 months

150,000

Bonus points

19.99% p.a.

Purchase rate

1.25

Reward points

Per $ spent (Visa/Mastercard)

Details

Product NameQantas Premier Titanium
Rewards ProgramQantas Frequent Flyer
Balance transfer rate0% p.a. for 6 months
Balance Transfer Revert RateCash Advance Rate (21.99% p.a.)
Purchase rate (p.a.)19.99% p.a.
Annual fee$1,200 p.a.
Interest Free Period55 days
Cash Advance Rate21.99% p.a.
Minimum Credit Limit$15,000
Card TypeMastercard
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Complimentary Travel InsuranceYes
Minimum Income$200,000
Minimum Age18 years of age
Available to Temporary ResidentsNo
Joint ApplicationNo

Pros

  • 150,000 bonus Qantas Points when you spend $5,000 within 90 days.
  • 20% bonus Status Credits on eligible Qantas flights.
  • 10% off eligible Qantas flights for up to 2 travellers twice per year.
  • Two complimentary single-entry lounge invitations to Qantas First Lounges.

Cons

  • The $1,200 annual fee is very high.
  • The spend cap of $12,500 before the lower 0.5 points/$1 earn rate kicks in is relatively low.
Rewards ProgramQantas Frequent Flyer
Bonus Points150,000 bonus points
Rewards Points per $ spent (Visa/Mastercard)1.25
Annual fee$1,200 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% of transaction value
Cash Advance Fee3% or $3, whichever is greater
Overseas Cash Advance Fee$5
Additional Cardholder Fee$100

Benefits of the Qantas Premier Titanium credit card

  • Bonus Status Credits. You'll get 20% bonus Status Credits on eligible Qantas flights paid in full with your card. This will make it easier to climb the Qantas Status tiers to earn more Qantas Points and enjoy exclusive travel perks like Qantas Lounge access, priority boarding and extra checked baggage allowance. This offer excludes the ability to attain or retain Platinum One Status.
  • 150,000 bonus Qantas Points. New cardholders will score 150,000 bonus Qantas Points when you apply by 26 February 2020 and spend 26 February 2020 within 90 days of approval. That's enough points to fly from Sydney to London (Heathrow) in business class (128,000 Qantas Points)! Your points will be credited to your account within 6 to 8 weeks of meeting the spend criteria.
  • Competitive Qantas Points earn rates. You'll earn 1.25 Qantas Points per $1 spent capped at $12,500 per statement period. After that, you'll collect 0.5 Qantas Points per $1. You'll earn 2 Qantas Points per $1 spent on foreign transactions and 2 additional points per $1 spent on eligible Qantas spend.
  • Qantas flight discounts. Save on travel costs with a 10% discount on Qantas operated flights for up to two bookings per year for two people on all fare classes (including both international and domestic flights).
  • Lounge invitations. Each year you'll receive two Qantas First Lounge Invitations and two additional Lounge Invitations. The perks will vary between lounges, but you can usually look forward to high speed Wi-Fi, shower and toilet facilities plus complimentary dining, barista-made coffee and a fully stocked bar.
  • Complimentary travel insurance. The complimentary insurance includes medical emergency, travel cancellation and purchase protection. Your additional cardholders are also covered. Please see the complimentary insurance booklet for the eligibility requirements, exclusions and other terms and conditions.
  • Metal card design. The premium perks of this card are embodied in its unique metal design.
  • 6 months interest-free on first Qantas purchase. When you use your card to pay for your first Qantas transaction (such as flights, Qantas Club fees, Qantas gift vouchers, Qantas Store, Qantas Wine purchases and more) you'll pay no interest for the first 6 months.
  • Concierge service. Whether you need help making a restaurant reservation or booking your next holiday, you can get assistance from your Qantas Premier concierge service.
  • Balance transfer offer. You can repay an existing debt and save on interest with 0% p.a. on balance transfers for 6 months. This offer is available to new customers who sign up by 6 and transfer debts from non-Citi accounts.

Rates, fees and other features

  • Annual fee. This card charges a $1,200 annual fee.
  • Purchase interest rate. You'll collect a 19.99% p.a. interest rate on purchases.
  • Interest-free days. If you pay your balance in full by the statement due date, you can take advantage of up to 55 interest-free days on purchases.
  • Cash advances. If you use your card for cash advances (such as ATM withdrawals), you'll attract the 21.99% cash advance interest rate.
  • Qantas Money app. You can manage your credit card balance, Qantas Frequent Flyer Points and browse the latest Card Offers through the Qantas Money app.
  • Minimum credit limit. This card has a minimum credit limit of $15,000.

How to apply for the Qantas Premier Titanium credit card

You can apply for the Qantas Premier Titanium credit card online in 10 minutes. Before you begin your application, make sure you meet the eligibility requirements and have the necessary information ready to comp

Eligibility requirements

  • Income. Earn at least $200,000 per year.
  • Residency. You must be a permanent Australian resident and have an Australian residential address and mobile phone.
  • Qantas Frequent Flyer. This offer is only available to Qantas Frequent Flyer members, but you can get a complimentary membership when you sign up for this card.
  • New customer. This offer isn't available to existing Qantas Premier primary cardholders.
  • Age. You must be at least 18 years old.

Important documents and information

  • Personal details. You'll need to include your full name, date of birth, contact details as well as details regarding your marital status and any dependents.
  • Employment. You'll be asked to confirm your employment and annual income with recent payslips or bank statements.
  • Finances. Including your household expenses (such as rent and bills), loan and credit card repayments.
  • Proof of identification. Such as your driver's licence or passport.
  • Qantas Frequent Flyer details. You'll need your Qantas Frequent Flyer number and PIN.
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