Qantas Money
Enjoy up to 100,000 bonus Qantas Points, 0% p.a. on balance transfers for 12 months, and a solid 1 point per $1 spent. First year annual fee: $349.
Introducing the Qantas Money Platinum Card Offer
The Qantas Money Platinum Card stands out with a generous offer of up to 100,000 bonus Qantas Points. You’ll get 60,000 points after spending $5,000 within the first 90 days and an additional 40,000 points if you haven’t earned Qantas Points on a credit card in the last 24 months.
For balance transfer seekers, enjoy a 0% p.a. balance transfer rate for 12 months with a 3% BT fee. The first year annual fee is $349, rising to $399 in subsequent years.
You also save up to 20% on domestic Qantas flights for you and up to eight friends once per year, making this card an attractive option for travellers.
The ongoing earn rate is 1 Qantas point per $1 spent on eligible purchases capped at $10,000 per statement, reverting to 0.5 points per $1 after that.
Complimentary travel insurance rounds out the perks, providing additional value for frequent flyers and overseas spenders alike.
How to Apply: Step by Step
Check you meet the eligibility criteria: be over 18, an Australian resident, and meet the credit requirements.
Prepare your personal, financial, and employment information, including proof of income and expenses.
Complete the secure online application form directly with the credit card provider.
Submit your supporting documents as requested to speed up application review.
Wait for approval, which is typically provided within a few business days; successful applicants will receive their card in the mail.
The Pros: Standout Benefits
This card delivers a top-tier Qantas Points bonus and strong everyday earn rate, great for growing your frequent flyer balance quickly.
The 0% balance transfer for 12 months gives breathing room to restructure existing card debt, especially with a capped BT fee.
Up to 20% off Qantas domestic flights and complimentary travel insurance sweeten the deal, appealing to regular domestic and international travellers.
The rewards program integrates seamlessly with the Qantas Frequent Flyer program, allowing easy points redemption.
Extra inclusions like travel insurance and purchase protection leverage additional value for cardholders.
The Cons: Considerations Before You Apply
The relatively high annual fee ($349 first year, $399 ongoing) can offset rewards value for low spenders or infrequent travellers.
The 3% balance transfer fee may reduce the interest savings for those transferring large balances.
The bonus points structure requires a significant upfront spend and no Qantas Points earned from another card in the past 24 months to unlock the full bonus.
The earn rate drops to 0.5 points per $1 after $10,000 monthly spend, so high spenders may get lower returns.
Applicants must have a good credit score to be considered; not suitable for those rebuilding credit.
The Verdict: Who Should Get It?
The Qantas Money Platinum Card excels for frequent flyers and savvy points collectors who value introductory bonuses and robust travel perks.
Travellers who can meet the spend criteria and those seeking to consolidate debt at 0% for 12 months will see real benefits.
If you fly Qantas often, want to boost your points stash, and value extras like travel insurance, this card is worth considering.
Due to the ongoing annual fee, ensure your spending and travel habits are enough to outweigh the cost and unlock the full value.
This card best suits financially disciplined cardholders who repay in full and maximise rewards redemptions each year.