Qantas Money Platinum Card
Receive up to 120,000 Qantas Points, 12 months 0% balance transfer, earn 1 Qantas Point per $1 up to $10,000, complimentary travel insurance. Annual fee starts at $349. Conditions apply.
The Qantas Money Platinum Card stands out for big bonus points and flexible usage. New applicants can earn up to 120,000 bonus Qantas Points, as well as 12 months at 0% p.a. balance transfer (3% fee applies). To secure the initial 80,000 bonus points, simply spend $5,000 within the first 90 days. For an extra 40,000 points, you must not have earned Qantas Points with a credit card in the last 24 months. The card offers 1 Qantas Point per $1 spent up to $10,000 per statement, then 0.5 points per $1 beyond. Annual fee is $349 in the first year, then $399 p.a. Complimentary travel insurance and up to 20% savings on domestic Qantas flights for cardholders and up to eight friends are also included, making it an attractive offer for frequent flyers.
How to apply for the Qantas Money Platinum Card
- Check your eligibility: Ensure you meet the bank’s income and residency requirements.
- Gather required documents: Prepare proof of income, ID, and other personal details.
- Complete the online application: Fill out personal and financial information as prompted.
- Submit supporting documents: Upload any income documents or identification requested.
- Wait for approval: The bank will notify you if more information is needed or if you’ve been approved.
Advantages of the Qantas Money Platinum Card
One major advantage is the high Qantas Points bonus, excellent for those planning upcoming travel or looking to maximise frequent flyer rewards. Earning 1 point per dollar, with a generous cap, further boosts your points potential. Complimentary travel insurance and up to 20% flight discounts annually sweeten the deal enormously for those who travel domestically or with friends.
Drawbacks to consider
Potential applicants should keep in mind the annual fee increases to $399 after the first year. After spending $10,000 in a statement period, the earn rate drops to 0.5 points per dollar. Furthermore, to be eligible for the full bonus, prior Qantas cardholders who earned points in the last two years are excluded.
Ons oordeel
The Qantas Money Platinum Card shines with its compelling sign-up bonus and valuable Qantas perks. While the annual fee is on the higher side after the first year, the benefits can easily outweigh the cost for frequent travellers seeking swift points accumulation and travel bonuses. It’s a strong contender for those keen on Qantas Points and competitive travel features.
