Qantas Money
Earn up to 120,000 bonus Qantas Points, enjoy 0% p.a. on balance transfers for 12 months, and benefit from travel insurance with Qantas Money Platinum Card. Low first-year annual fee.
The Qantas Money Platinum Card is designed for frequent flyers looking to earn generous Qantas Points. With a 0% p.a. balance transfer offer for 12 months (3% BT fee applies), an initial $349 annual fee (then $399 p.a.), and up to 120,000 bonus points, this card stands out for value seekers.
To qualify for the bonus, spend $5,000 within 90 days for 80,000 Qantas Points. If you haven’t earned Qantas Points from a card in the last 24 months, you’re eligible for an additional 40,000 points. The standard earn rate is 1 Qantas Point per $1 spent, capped at $10,000 per statement period, then 0.5 Qantas Points per $1 after that. Enjoy complimentary travel insurance and up to 20% savings on domestic Qantas flights for you and up to 8 friends, once per anniversary year.
How to Apply: Step by Step
- Check your eligibility including credit score and income.
- Prepare personal and financial details for the application.
- Visit Qantas Money’s online application page.
- Fill in application details accurately and submit documents as asked.
- Wait for approval—usually provided quickly if all info is correct.
Pros of the Qantas Money Platinum Card
This card is perfect for Qantas enthusiasts, offering significant bonus points and an attractive 0% balance transfer rate for 12 months. Complimentary travel insurance adds extra value, especially for travellers.
Savings of up to 20% on Qantas flights, the broad acceptance of Mastercard, and a clear path to earning and redeeming points make it very appealing to smart spenders who can manage their balance in full.
Cons to Consider
The annual fee increases from $349 to $399 after the first year, which may not suit all budgets. Also, the balance transfer offer incurs a 3% fee, so the real savings should be calculated before applying.
Cardholders who tend to carry a balance or don’t spend enough to unlock the full bonus points may find other cards more suitable.
Our Verdict
If you’re a regular Qantas flyer and pay off your credit card in full each month, the Qantas Money Platinum Card has genuine appeal, with a competitive earn rate and large bonus offer.
Just weigh the ongoing annual fee and balance transfer fee against how much you’ll actually use and benefit from the card’s features. It’s a strong choice for the savvy, points-loving Aussie.