Qantas Premier Platinum Credit Card

Roland Bleyer

Credit Card Expert with over 15 years card experience and the founder of Creditcard.com.au. Ask Roland a Question about this card.

The Qantas Premier Platinum Credit Card with 80,000 Bonus Qantas Points Plus 80 Bonus Status Credits

Prestige cards can vary greatly in their offerings. Some provide only a handful of convenient features, while others are jam-packed with extras. After checking out the Qantas Premier Platinum Credit Card, we’d have to say this card definitely falls into the latter category.

As a platinum rewards card, it offers a great earn rate, plus, new cardholders can benefit from 80,000 bonus Qantas Points, 80 bonus Status Credits, and 0% p.a. on balance transfers for 18 months. And we haven’t even gotten started on all those lovely extras!

What we love...

First up, introductory offers. Qantas Premier Platinum is currently one of the few credit cards that offer bonus Qantas Status Credits and Qantas Points at the same time.

If you apply by 29 September 2021 for the Qantas Premier Platinum Credit Card you can get 80,000 bonus Qantas Points when you spend $4,000 or more on eligible purchases within 3 months of card approval. These points can be spent in the Qantas Store on more than 3,000 products, experiences, and vouchers, or on flights and upgrades, potentially getting you from Sydney to New Zealand for 66,800 points, or from Adelaide to Port Macquarie for 42,800 points. Point calculations accurate at the time of publishing (which may be subject to change without notice). All routes may have additional taxes and charges.

On to the bonus Status Credits. When you make an eligible purchase by 31 October 2021, 80 Status Credits will be added to your Qantas Frequent Flyer Membership Account within 6-8 weeks of making your first eligible purchase.

To help you understand how much 80 bonus Status Credits are worth, you will earn 80 status credits for a roundtrip business class flight from Melbourne to Adelaide which could cost hundreds of dollars (or more than a thousand, depending on the flights you choose). These bonus status credits can give you a headstart in climbing up to your desired status tier. The higher the tier, the more benefits you receive, and the earlier you reach a higher tier, the longer you enjoy the benefits.

However, it’s worth noting that the bonus Status Credits will not contribute towards any Loyalty Bonuses and Platinum or Platinum One Bonus Rewards. It's always good to review the fine print to be aware of all the conditions that may apply to these offers.

Next, the balance transfer offer. If you have existing credit card debt that you want to pay off, you could transfer it to the Qantas Premier Platinum Credit Card to enjoy 0% p.a. on balance transfers for 18 months. 1% balance transfer fee applies.

Now, let’s move on to some of those fancy features and extras. As a cardholder, you will receive two invitations per year to selected Qantas Lounges, complete with complimentary food, beverages, and Wi-Fi. You can also enjoy discounted companion fares, where once a year, you can save up to 20% on selected domestic flights for you and up to eight companions.

On top of that, you could benefit from six months interest-free on your first purchase of selected Qantas products and services, plus complimentary travel insurance for travel booked using your card.

What’s not so great...

When applying for a card such as the Qantas Premier Platinum Credit Card, it’s worth bearing in mind how much it will cost you. For the first year you'll pay $225 - that's a saving of $74. The annual fee for each year is significant at $299, plus, for each additional cardholder, you will pay $50 per year.

It’s also worth taking note of the earn rate on the card, as the domestic spend is tiered, so that you earn 1 Qantas Point per $1 up to $10,000 per statement period, then 0.5 Qantas Point per $1 thereafter.

Why should you choose this card?

The Qantas Premier Platinum Credit Card obviously has plenty to offer – and if you take advantage of its features and rewards, it may be worth the outlay. In terms of rewards, you can earn 1.5 Qantas Points per $1 on your international spend, 1 Qantas Point per $1 spent in Australia up to $10,000 per statement period, and 0.5 Qantas Points per $1 thereafter.

You can also benefit from 1 additional Qantas Point per $1 spent on selected Qantas products and services, and there’s no points capping at home or overseas. Some other benefits worth mentioning include the Qantas Premier Concierge service, access to the Qantas Money app, and up to 55 days interest free on purchases.

Overall Rating

A platinum rewards card with excellent features and a great earn rate. It currently offers 80,000 bonus points and 80 bonus Status Credits when you make an eligible purchase by 31 October 2021. Plus, you can enjoy 0% p.a. on balance transfers for 18 months and save $74 off the annual fee in the first year. Offer ends 29 September 2021.