The HSBC Platinum Qantas Credit Card and its $1 to 1 Qantas point rewards scheme will leave you smiling at the thought of your next vacation. Be aware that the earning rate does drop down to 0.5 points for every $1 spent after $2500 in a given statement period.
All points you earn are accredited to the Qantas rewards program and can be redeemed for flights and products from the Qantas store. Better yet, you’ll receive 1 bonus point for every $1 you spend on selected Qantas products, so you could be earning points toward your next flight when paying for your latest trip!
On top of the incentives we’ve mentioned above, you’ll also enjoy the perk of complimentary concierge and two complimentary Qantas Club lounge invitations (when you make an eligible purchase within 3 months).
The HSBC Platinum Qantas Credit Card also comes with an introductory 0% balance transfer offer (for the first 6 months), and a 55 day interest free period for new purchases if you pay your balance in full and on time each month, but you’ll want to make sure you do to avoid the 19.99% purchase rate and $30 late payment fee.
While the 3% foreign exchange margin and $199 annual fee aren’t the lowest on the market, your card does come complete with payWave and Checkout as part of the Visa network, and you’ll also have access to the exclusive HSBC home&Away program.
Who it's good for:
The HSBC Platinum Qantas Credit Card is perfect for any travellers or rewards seekers who want to make full use of the Qantas rewards program.
Or if you’re looking to ditch debt, the introductory 0% balance transfer offer should do the trick. Just be sure to make use of it in the first 6 months because it reverts back to the high 21.99% cash advance rate afterwards.
The 60,000 bonus point offer is only available to new customers.