The Platinum Rewards Visa card has a purchase rate of 18.24% p.a and an annual fee of $189 with 55 interest-free days on purchases. Customers earn 0.75 Qantas Points for each dollar spent, but be aware the amount of points you can earn is capped at 20,000 per month.
Some financial bits include an additional $59 fee for adding another cardholder to your account as well as a $26 transaction verification fee, $5 cash advance fee and 3% foreign exchange margin. However, there are no penalties for late payments and the minimum repayment amount is just $20 or 2.5%.
Who it's good for:The Platinum Rewards Visa card is a great choice for those who like to rack up points without limits and redeem through the Qantas network.
While this is a great card for everyday spending, keep in mind there is a 3% foreign exchange fee for when you shop overseas or at international websites. If you're looking for a travel friendly card you can compare deals here.