Qantas Money Qantas Premier Titanium

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With a name that sounds as striking as its features, the Qantas Money Qantas Premier Titanium card is one to look out for. As far as reward go, you can snag 150,000 bonus Qantas Points when you apply before 30 June 2020 and spend $5,000 within 90 days of card approval, plus earn 1.25 Qantas points per $1 spent. Even with the hefty $1,200 annual fee, with all the perks on offer, big spenders can surely get their money's worth.

Key features

The Qantas Money Qantas Premier Titanium card is designed for big spenders who don’t mind paying an annual fee when there’s plenty of rewards value on offer. And that’s definitely the case here - this card offers competitive rewards points earning options and great complimentary features - an especially rewarding option for Qantas flyers.  

To start your point stash off on the right foot, if you apply before 30 June 2020 you can score 150,000 bonus Qantas Points when you spend $5,000 within 90 days of card approval. For regular spending, here’s how the point system breaks down:

- 1.25 points per $1 spent on spending in Australia, up to $12,500 each month (0.5 points per $1 after)

- 2 points per $1 spent on international spending (don’t forget about the 3% foreign exchange margin!)

- 2 extra points per $1 spent on selected Qantas products and services

The points give you access to selected Qantas products and services like flights and gift cards.

Other perks include an additional 10% saving on eligible Qantas flights (both international and domestic) for up to two travellers per year for two people on all fare classes, plus 20% bonus Status Credits on Qantas flights. We haven’t even mentioned the complimentary Qantas Wine Premium Membership valued at $99 and 2 complimentary domestic Qantas Club or International Business Lounges each year.

On top of that, you’ll still get the regular perks that come with a rewards card, like a complimentary concierge service and travel insurance that includes travel cancellation and purchase protection cover.

Another cool feature that comes with the Qantas Premier Titanium card is its Qantas wellbeing rewards program, which is a way to increase point earning potential through fitness. You could earn up to 20,000 additional points per year for just everyday activities.

If you’re keen to get spending, the Qantas Premier Titanium card also has a nifty 6 months interest-free on your first Qantas purchase. And if you’re looking to get the family in on the spending action, there’s an option for additional cardholders.

If you’re looking to transfer existing debt onto this account, as there’s a 0% p.a. balance rate for 6 months but just make sure you pay off all outstanding debt as any leftover balance reverts to the 21.99% p.a cash advance rate after.

Finally, remember that there is a whopping $1,200 annual fee to keep this luxe plastic in your wallet, so make sure you’re getting enough value out of the bumper rewards on offer to justify this ongoing cost.

Who is it good for

It’s no surprise that big spenders who travel often are going to get the most out of the Qantas Money Qantas Premier Titanium card.

However, there are some conditions to meet in order to apply, you’ll have to be an Australian resident who has a minimum income of $200,000 per year, plus be at least a Bronze Qantas Frequent Flyer member and a new Qantas Premier primary cardholder.

Any catches

The power of this very high-end credit card comes in its rewards points, but keep in mind that although you'll earn 1.25 points per dollar this is capped at a $12,500 spend per month, after which you'll only earn 0.5 points per dollar. Since this card is aimed at big spenders, this points cap might be something to keep an eye on.