Point Hacks may receive a commission from the card issuer for each applicant of this card More about this.
Card Overview
Earn 80,000 bonus Qantas Points with the Qantas Money Platinum Credit Card when you spend $5,000 in the first 90 days from card approval, plus 40,000 bonus Qantas Points if you haven’t earned Qantas Points with a credit card in the last 24 months. Earn 1 Qantas Point per $1 spent and 1.5 Qantas Points per AU$1 spent overseas.
Key Attributes
Earn
Qantas Points per $1
Up to 2 Points
on seleted Qantas products and services in Australia.
1.5 Points
on international spend.
1 Point
on domestic spend up to $10,000 per statement period, then 0.5 Points.
Travel Benefits
Qantas Lounge
2 complimentary Qantas Club lounge invitations each year.
Discounted Companion Fares
Up to 20% off selected domestic flights for you and 8 friends, once pear year.
Travel Insurance
Complimentary domestic and intl. travel insurance (T&Cs apply).
Points Cap
Yes
Up to $10,000 per statement period; then 0.5 Points after.
Annual Fee
$349 p.a.
First year, then $399 p.a. ongoing
ATO Points
No
Overseas Transaction Fee
3%
of converted amount
Interest-free Period
Up to 44 days
Purchase Rate
20.99% p.a.
Cash Advance Rate
21.99% p.a.
Why Choose This Card
The Qantas Money Platinum Card offers an appealing mix of rewards, travel perks and introductory offers, making it a strong option for Qantas Frequent Flyers.
We like its earn rate of up to 1 Qantas Point per $1 on domestic spend, plus an extra Point per $1 on eligible Qantas purchases, helping you build your balance faster through everyday and travel-related spending.
The card also includes two complimentary Qantas Club lounge invitations each year and a 20% discount on selected Qantas domestic flights for you and up to eight companions, generous benefits that add tangible value for regular travellers. A reduced first year annual fee also enhances its appeal.
Additionally, you’ll enjoy a 0% p.a. interest rate for 12 months on balance transfers (with a 3% balance transfer fee). After the promotional period, the rate reverts to the standard cash advance rate. Note that interest applies to retail purchases while a balance transfer is active.
Finally, to be eligible for the full bonus offer, you must not have earned Qantas Points from a credit card in the last 24 months, making this a great choice for those new to Qantas Points earning or looking to restart their rewards journey.
This guide references some of the benefits of insurance policies provided with this card. You should read the PDS and obtain independent professional advice before obtaining this product.
Where could 120,000 bonus Qantas Points take you?
You could redeem them for the following:
Upgrade your next trip to Hawaii
Fly one-way from Australia to Hawaii in Business Class for 98,400 Points. Taxes and carrier charges apply**.
Fly to Tokyo, the upgraded way
Fly one-way from Sydney or Melbourne to Tokyo in Qantas Business Class for 98,400 Points. Taxes and carrier charges apply**.
Extra Benefits
Complimentary Insurance
Travel Insurance, Rental Vehicle Excess Cover, Trip Cancellation and Amendment Cover, Resumption of Long Overseas Trip Cover (T&Cs apply).
Balance Transfers
0% p.a. for 12 months on Balance Transfers, with a 3% Balance Transfer fee. Reverts to cash advance rate. You will be charged interest on retail purchases while you have a Balance Transfer.
Concierge Service
Get 24/7, 7 days a week travel and lifestyle services assistance.
Mobile Wallet
Apple Pay and Google Pay.
The Qantas Money Platinum Credit Card offers 80,000 bonus Qantas Points* for new cardholders who spend $5,000 or more on eligible purchases within 90 days from card approval. The Card has a discounted first-year annual fee of $349 ($399 p.a. ongoing) and includes 2 single-entry complimentary lounge invitations.
Pocket an additional 40,000 bonus Qantas Points if you have not earned Qantas Points with a credit or charge card into your Qantas Frequent Flyer account within the last 24 months.
Members are not eligible for more than one first-time Qantas Points earning credit cardholder bonus within the last 24 months.
National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”) is the Credit Provider and Issuer of Qantas Money Credit Cards on behalf of Qantas Airways Limited ABN 16 009 661 901.
The Qantas Money range also includes the low annual fee Qantas Money Everyday card, and the higher-end Qantas Money Titanium. All cards are issued by NAB.
Qantas Money Platinum Credit Card
The Qantas Money Platinum Credit Card focuses on maximising your points earn from day-to-day spending. You earn 1 Qantas Point per $1 up to $10,000 per statement period and 0.5 Qantas Points per dollar thereafter. You can also earn an additional bonus point when spending on Qantas products and services. These include Qantas-operated flights with a QF Flight number, Qantas Club membership, and 1.5 Qantas Points per dollar for overseas purchases.
Card Details
| Card | Qantas Money Platinum Card |
| Loyalty Program | Qantas Frequent Flyer |
| Points earned from spend | Up to 2 Qantas Point per $1 spent on eligible Qantas spend 1.5 Qantas Points per AU$1 spent on international spend 1 Qantas point per $1 spent on eligible domestic spend |
| Points Cap | Up to $10,000 per statement period, then 0.5 Point per $1 |
| Earns points at ATO | no |
| Insurance included | Travel Insurances (T&Cs apply) |
| Overseas transaction fee | 3% of the transaction amount |
| Minimum Credit Limit | $6,000 |
| Minimum Income | $35,000 p.a. |
| Annual fee | $399 p.a. ongoing |
Make sure to read the Card Terms and Conditions and the Reward Terms and Conditions. Particularly note the definition of Eligible Transaction. These include transactions from operating a business, or from government transactions. Examples include paying the ATO, council rates, and even Australia Post.
Qantas-specific benefits of Qantas Money Platinum Credit Card
The following benefits are available outside of Qantas Points earned from spend:
- Get up to 20% off selected domestic flights for you and up to 8 friends once per Anniversary Year when you book with your card via the booking portal on your Qantas Money account
- Two single-entry Qantas Club Domestic or select Qantas-operated International Business Lounge Invitations each cardholder anniversary year
- Complimentary domestic and international Travel Insurance
Discounted Companion Fares
Cardholders can take advantage of Discounted Companion Fares. You can take up to eight passengers at a discounted rate on selected Qantas domestic companion flights. You must make your booking with your Qantas Money Platinum Credit Card via the booking portal on your Qantas Money account.
As such, you will receive a 10% discount on red e-deal, 15% on Flexible Economy and 20% on Flexible Business fares.
Note that the discount is only applicable to the base fare, not the total fare including taxes. In addition, the terms state that:
Companion Fare Benefit discounts are not available on all fare classes and in some instances, there may be sale fares available to the general public that are cheaper than the fares offered under the Companion Fare Benefit.
Therefore, the deepest discount fares may not be matched by what you can earn from the companion fare discount either.
Discounted Companion Fares are only usable once a year and can’t be reinstated in case of a cancelled booking. Also, the Primary Card Member must be travelling on the booking.
Overall, this benefit is most useful for families booking in peak periods. Red e-Deal fares may not be available and you are unlikely to be able to cancel.
Qantas Lounge Invitations
Enjoy two Qantas Complimentary Lounge Invitations each year on your card anniversary. These Invitations can be used at domestic Qantas Club and Qantas-operated International Business Lounges. Note that the Los Angeles Lounge at Tom Bradley Terminal International Terminal is excluded.
Qantas Club Invitations are digital and can be viewed via your Qantas Frequent Flyer account.
Qantas Money credit cards Apple Pay & Google Pay support
Qantas Money credit cards now support Apple Pay & Google Pay, meaning you can now use their cards on your compatible device for easier payments.
Summing up: the Qantas Money Platinum Credit Card
The Qantas Money Platinum Credit Card is a solid option for earning Qantas Points from your spending, with no points cap. You’ll need to factor in the restrictions mentioned above on government transactions though.
Make sure you understand all the terms and conditions for the Discounted Companion Fares to make the most of this benefit.
The extra 0.5 Qantas Points per dollar earned on international transactions helps when using your card on international spending. But while you’ll pick up an extra 0.5 Qantas Points per dollar vs domestic spending, you’ll pay an equivalent additional fee of 6c per point (0.5 points per dollar with the 3% additional fee for international transactions).
You should consider the Qantas Money Platinum Credit Card if you are looking for a direct Qantas-earning card. Especially if you do spend with Qantas frequently.
Eligibility Criteria
These are the minimum requirements to be eligible to apply for this Card. Other additional eligibility criteria, such as proof of income, will generally be required later on.
-
Be aged 18 years or over
-
Be an Australian citizen, permanent resident, or hold a long-term visa
-
Have a good credit history and no payment defaults
-
Minimum income required $35,000 p.a.
-
To be eligible for the bonus offer, you must not hold, or have held, any personal Qantas Credit Card in the last 24 months.
Frequently Asked Questions
How do I get 120,000 Qantas Points with the Qantas Money Platinum card?
To earn the full 120,000 bonus Qantas Points, new cardholders must spend $5,000 on eligible purchases within 90 days to receive 80,000 points. You’ll receive an extra 40,000 points if you haven’t earned Qantas Points from any credit or charge card in the past 24 months. Eligibility criteria and T&Cs apply.
Who is eligible for the sign-up bonus?
To get the full sign-up bonus, you must not have earned Qantas Points from a credit card in the previous 24 months. If you have, you would still be eligible for the 80,000 Qantas Points bonus.
What are the benefits of the Qantas Money Platinum credit card?
The Qantas Money Platinum Credit Card offers up to 120,000 bonus Qantas Points, two Qantas lounge passes each year, discounted companion fares, and complimentary international travel insurance. You can also earn up to 1.5 Qantas Points per $1 on overseas spend, and 1 additional point per $1 on eligible Qantas purchases.
Is there a cap on the number of Points I can earn?
You’ll earn the full rate of 1 Point per $1 up to $10,000 per statement period, while you’ll earn a reduced rate of 0.5 Points per $1 after this amount.
How do I redeem my Qantas Frequent Flyer Points?
You can use your Qantas Points for a range of rewards, from flights, hotels and even wine or fuel purchases. The best value rewards tend to be flights or flight upgrades via Classic Rewards. Read our guide of best uses of Qantas points here.
Does the card offer lounge access?
Yes, the card includes two complimentary Qantas General lounge passes each year, which can get you into a domestic Qantas Club or International Business Lounge.
How do I book the 20% off companion fare
To book your discounted companion fares, simply use the booking portal on your Qantas Money Credit Cards account.
What is Qantas Money Credit Card Concierge?
The Qantas Money Credit Card Concierge is a service that can provide assistance to primary Qantas Money cardholders for travel, entertainment, lifestyle and shopping tasks. This includes restaurant reservations or sourcing tickets to events. There is no extra charge for this service. Call the Qantas Money Concierge on 1300 992 700 anytime: 24 hours a day, 7 days a week.
How do I pay my Qantas Money Credit Card?
You can pay your Qantas Money Credit Card through BPay (Biller Code: 266536 and your customer reference number, or direct debit an amount of your choosing from your bank account through Auto-Pay.
Alternatively, take your Qantas Money Credit Card to any Australia Post office displaying the Bank@Post symbol, together with your EFTPOS or cash payment. More information here.
Terms and Conditions
Credit Provider Disclaimer
National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”) is the Credit Provider and Issuer of Qantas Money Credit Cards on behalf of Qantas Airways Limited ABN 16 009 661 901.
* Bonus Points
Offer commenced 5 March 2026. To be eligible for up to 120,000 bonus Qantas Points, you must apply for a new Qantas Money Platinum Credit Card before the offer is withdrawn. 80,000 Qantas Points will be awarded when $5,000 or more is spent on eligible purchases within 90 days from card approval. Eligible purchases must be processed and charged to your account in the first 90 days from the account approval. Eligible purchases do not include Cash Advances, Balance Transfers, Refunds, Chargebacks and Special Promotions. An additional 40,000 bonus Qantas Points offer is available to approved cardholders who have met the criteria for the 80,000 bonus points and have not earned Qantas Points on a credit or charge card into their Qantas Frequent Flyer account within the previous 24 months from card application (limited to one per Qantas Frequent Flyer or Qantas Business Rewards member only). Members are not eligible for more than one first-time Qantas Points earning credit cardholder bonus within the last 24 months. In the event of multiple new cardholder Bonus Points offers in the market for the same offer period, eligible members will be provided with the highest bonus points offer. This offer cannot be combined with any other Qantas branded credit card offer. Bonus Qantas Points will ordinarily be credited within 2 months of meeting the spend criteria. Any bonus Qantas Points will be forfeited if you no longer hold or close your Qantas Money Platinum Credit Card Account before they appear in your Qantas Frequent Flyer Account. All rewards are subject to the Qantas Money Credit Card Rewards Terms and Conditions. The account needs to be in good standing (for example – your account is not in default, suspended or closed) for bonus points to be awarded. Offer may be varied or withdrawn at any time.
** Classic Flight Rewards
Classic Flight Rewards are available on Qantas, Jetstar and eligible partner airlines. These seats are subject to capacity controls and availability is limited—some flights may not have any Classic Flight Reward seats available.
The number of Qantas Points required, as well as taxes, fees and carrier charges, are accurate as at 15 Oct 2025 but may vary at the time of booking.
Status Credits and Qantas Points will not be earned on Classic Flight Reward bookings.
Classic Flight Rewards must be booked via the Qantas website or other authorised booking channels. Some flights may be operated by a partner airline and different baggage allowances and conditions may apply.
Changes to or cancellations of Classic Flight Rewards are subject to the rules outlined in the Qantas Frequent Flyer Terms & Conditions, including change/cancellation fees and any fare or points difference if applicable.
For full terms and fare rules visit the Qantas Frequent Flyer website at Classic Flight Rewards.