The Qantas Premier Platinum credit card lives up to its premium name, offering real value to its cardholders.
For those who love to travel and want to maximise points for flights, discounts, accommodation, and experiences at various destinations, this credit card will be the perfect companion.
Additionally, it stands out by offering a high points return on everyday purchases, both in Australia and abroad, not just within the Qantas marketplace.
To top it all off, it provides solid extra protections for cardholders.
Check out each benefit to know exactly what you can enjoy with this card.
What we think is great
- Powerful points rewards from everyday, international, and eligible Qantas purchases
- Bonus points offer for new customers
- Reduced annual fee in the first year
- Up to 55 days interest-free on purchases
- 12 months at 0% p.a. on balance transfers
- 2 complimentary passes per year to enter Qantas Club Domestic and Qantas Operate International Business Lounges
- Special companion fares: Up to 20% off for the cardholder and up to eight friends on selected flights booked through the concierge service (limited to once per year)
- 6 months interest-free on your first qualifying purchase of certain Qantas products, like flights, Qantas Club membership, gift vouchers, and more.
- Security systems provided by Mastercard
- Compatible with the most popular digital wallets
How you can earn points with your Qantas Premier Platinum credit card
You earn points on all purchases, whether in supermarkets, shopping centres, online stores, or any other type of everyday spending, in Australia or abroad.
Purchases of Qantas products and services, such as flights and upgrades, earn even more points.
However, different transactions earn different points, and here’s how the system works:
✈ 1.5 PTS per $1 spent on international purchases
✈ 1 PT per $1 spent on domestic purchases (Capped at $10,000 per statement period, after which it drops to 0.5 PTS per $1 spent)
✈ 1 additional point per $1 spent on selected Qantas products and services
The marketplace to redeem your points includes over 1,200 partner brands. Additionally, you can purchase points to complete the amount you need and even transfer points from family members who are also Qantas members.
Finally, if you’re just short of booking a flight, hotel, or purchasing an item on the platform, you can combine points + cash.
The categories available for points redemption include
✅Fuel and car
✅Hotels and travel
✅Flights
✅Food and wine
✅Health, entertainment, and leisure
✅Shopping
✅Insurance
Special offer for new customers
Since May 2024, bonus points have been available for new Qantas Premier Platinum card applicants.
You can earn up to 100,000 points as a welcome gift.
As long as you spend at least $3,000 or more on eligible purchases within 3 months after card approval, you’ll receive 70,000 PTS.
As an additional bonus, if you haven’t earned Qantas points on a credit or debit card through Qantas Frequent Flyer in the past 12 months, you could earn an extra 30,000 PTS.
This offer doesn’t have a set end date but can be changed or ended at any time.
Extra protections
Mastercard provides extra layers of security through two systems: Zero Liability and Mastercard ID Theft Protection.
The first is an anti-fraud protection that safeguards cardholders in case of loss or theft, with immediate support to notify the company if any of these situations occur.
The second is identity theft protection. The service operates 24/7, alerting cardholders of any suspicious activities.
Key fees:
- Annual fee: New customers receive a $50 discount in the first year. The fee will be $349 in the first year and $399 after the promotional period.
- Additional cardholder fee: $50 per year
- Retail purchase rate: 19.99% p.a.
- Cash advance rate: 21.99% p.a.
- Balance transfer rate: 0% for 12 months, with a one-time balance transfer fee of 2%
Our final thoughts about Qantas Premier Platinum credit card:
This is one of the best points-earning credit cards on the market, especially for people who love to travel and frequently use Qantas services, as the accumulation is “supercharged” for eligible Qantas purchases.
Additionally, it offers a wide range of useful protections, both for travel and everyday purchases.
However, it’s important to consider the annual fee and ensure you’ll use the card frequently enough to justify the investment.
Another point to keep in mind is that if you choose to use the balance transfer offer, you won’t get interest-free days on retail purchases, and after the introductory period, the rate reverts to the cash advance rate.
We consider it a smart choice for those who will make the most of the benefits offered and note that although it’s a premium card, its fees are comparable to more affordable cards.