Qantas Money Platinum Card
Earn up to 100,000 bonus Qantas Points, get 0% p.a. on balance transfers for 12 months, and enjoy travel perks including insurance. Annual fee from $349 the first year.
The Qantas Money Platinum Card is designed for points seekers and smart travellers. Earn up to 100,000 Qantas Points – 60,000 when you spend $5,000 in the first 90 days, plus another 40,000 if you haven’t had Qantas Points from a credit card in two years. Enjoy 0% p.a. balance transfers for 12 months (with a 3% transfer fee). The first-year annual fee is $349, rising to $399 in subsequent years. There’s an earn rate of 1 Qantas Point per $1 spent (capped at $10,000 per statement period).
How to Apply: Step by Step
- Check the eligibility criteria and make sure you meet income and residency requirements.
- Gather necessary documents such as proof of ID, income, and Australian address.
- Complete the online application form with accurate personal and financial details.
- Submit your application and await pre-approval or further questions via email or phone.
- Once approved, activate your card and start using it to maximise bonus points and benefits.
Top Benefits
This card boasts a substantial points bonus, perfect for frequent flyers and travel enthusiasts. The 0% balance transfer offer for 12 months helps you consolidate debt and save on interest payments. Plus, cardholders receive complimentary travel insurance and the ability to save up to 20% on domestic Qantas flights for themselves and up to eight friends every year.
Potential Drawbacks
The annual fee, while discounted initially, climbs to $399 after the first year, which is above average. Also, the full bonus points may not be accessible if you’ve earned Qantas Points via a credit card in the last 24 months. Points earning is capped at $10,000 per statement period, so high spenders may find this limiting.
Our Verdict
The Qantas Money Platinum Card is a top choice for Australians wanting impressive points perks and travel extras, provided the annual fee is no hurdle. For those who pay in full monthly and value Qantas benefits, it’s a compelling rewards card worth considering for 2024.
