Qudos Bank prides itself on offering customers "a great deal more" and they've hit a home run with the Visa Platinum credit card. The "great deal more" comes in the shape of a 4.99% p.a. intro rate for the first 5 months (then 18.99% p.a.), inbuilt Qantas Frequent Flyer membership, and a reward points earning rate of up to 2 Qantas points for every $1 you spend.
You don't have to be a Qantas employee to apply for the Visa Platinum credit card. It has a 55 day interest free period and an intro purchase rate of 4.99% p.a. and comes with a free Qantas Frequent Flyer membership saving you $89.50. To keep a smile on your face stay on top of your repayments because that sweet 4.99% p.a. intro rate reverts to a much higher 18.99% p.a. standard interest rate after the first 5 months. You'll also want to watch out for the $249 annual fee.
You will earn 1 Qantas Point for every $1 spent up to $2,500 spend per month then 0.5 Qantas Points per $1 thereafter, and an additional 1 Qantas Point for every $1 spent on Qantas products and services. Get the most out of the Visa Platinum credit card by giving the free additional credit card to a shopaholic family member (we all have one!) and you'll accumulate those juicy Qantas Points before you know it.
The platinum treatment doesn't stop there. Free travel insurance makes this credit card truly customer friendly and the 24/7 worldwide visa platinum concierge service and access to USA platinum entertainment offers will make you feel like a real high flyer!
The Qudos Bank Visa Platinum Credit Card could be a dream card for a regular shopper looking to get some real bite out of the Qantas Frequent Flyer program.
If you're thinking of using the free travel insurance included with the credit card it's important to be aware that the travel medical coverage caps out at $500,000. This shouldn't be a deal breaker but if you're travelling to the United States or Japan you might want to also look into standalone travel insurance.
You'll also want to make sure you're clocking up enough rewards on your typical spend to make the $249 annual fee worthwhile.
Fly Sydney to London return
110,400 points
Fly Sydney to Melbourne one-way
8,000 points
$100 Giftcard
19,010 points
$100 Cash
-
1 point per dollar on Visa, up to $2,500 per month, then
0.5 points per dollar on Visa, up to $17,500 per month
Earn points via eligible flights and transactions. Points are automatically credited to the Qantas Frequent Flyer program.
All rewards are redeemed via Qantas Frequent Flyer.
2 Qantas points for every $1 spent on Qantas products and services.
Spend $19,010 (Visa)
Spend $8,000 (Visa)
Spend $190,800 (Visa)
at $17,500 monthly
Never
To work out the "Rewards value minus fees" in our Rewards Revealer we:
calculate how many points you'd get each year,
figure out how many flights or gift cards or cashback credits you could get for those points,
work out what that's actually worth to you,
take off the annual fee you'd pay.
More details:
Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.
We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.
Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.
In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.
We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.
To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.
Shopping rewards are based on $100 gift cards from a major national department store.
We make every effort to ensure our calculations are correct and up to date but make no guarantees.
| 18.99% p.a. | |
| 4.99% p.a. for 5 months | |
| 4.99% p.a. for 5 months and then 18.99% p.a. | |
| no | |
| 18.99% p.a. | |
| 55 |
| $249.00 | |
| none | |
| none | |
| $0.00 | |
| $0.00 | |
| $5.00 | |
| 3.65% | |
| $5.00 | |
| $0.00 | |
| $0.00 |
| $20.00 | |
| 2.0 | |
| 1 | |
| Qantas Points are capped at a maximum of $200,000 of eligible purchases for each 12 month period from when the account is opened. |
Apple Pay, Google Pay, PayID
Concierge,
Travel Insurance
Good
Read full reviewNo real comment
Read full reviewIf you are looking for a credit union that has poor customer service, slow response times, antiquated systems and can't handle the volume of customers they are recruiting off the back of the trusted Qantas name, you have found the right credit union for you! Like most Australians I never write reviews, but the service (or lack of) that I have recieved from the Qantas Credit Union since taking up their Platinum Visa Card some six months ago has been less than impressive. If you don't believe me, ring their customer service line. If you get through in under 15 minutes, go and buy a lottery ticket! Do yourself a favour. Give them a miss, it's not worth the hours of follow up and time wasted on hold to get things done.
Read full reviewIf you are looking for a credit union that has poor customer service, slow response times, antiquated systems and can't handle the volume of customers they are recruiting off the back of the trusted Qantas name, you have found the right credit union for you! Like most Australians I never write reviews, but the service (or lack of) that I have recieved from the Qantas Credit Union since taking up their Platinum Visa Card some six months ago has been less than impressive. If you don't believe me, ring their customer service line. If you get through in under 15 minutes, go and buy a lottery ticket! Do yourself a favour. Give them a miss, it's not worth the hours of follow up and time wasted on hold to get things done.
I love Qantas CU because they have always looked after me with regard to my financial needs. The staff there are always professional, polite and always willing and wanting to assist you further.
Read full reviewI love Qantas CU because they have always looked after me with regard to my financial needs. The staff there are always professional, polite and always willing and wanting to assist you further.
Bendigo Bank
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Virgin Money
Virgin Australia Velocity Flyer Card - Bonus Points Offer
20.74% p.a.
0% p.a. for 18 months and then 20.99% p.a.
$129 $64 in the first year
Velocity Frequent Flyer
MoneyMe
Freestyle Virtual Mastercard
16.99% p.a.
No current offer
$209 $0 - $149 based on credit limit, $5/month for balances over $20.
Westpac
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13.74% p.a.
0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
$59 $0 in the first year
Bendigo Bank
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0% p.a. for 12 months then 19.99% p.a.
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Bendigo Rewards
Virgin Money
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
20.74% p.a.
0% p.a. for 28 months and then 20.99% p.a.
$129 $0 in the first year
Velocity Frequent Flyer
St.George
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
Bendigo Bank
Platinum Rewards Credit Card
Bendigo Rewards
$89
No current offer
1.5 points uncapped
Virgin Money
Virgin Australia Velocity Flyer Card - Bonus Points Offer
Velocity Frequent Flyer
$129 $64 in the first year
100,000
0.66 points up to $1,500/month, then
0.5 points uncapped
Westpac
Altitude Black
Altitude Rewards
$250 $99 in the first year
180,000
1.25 points uncapped
American Express
Velocity Platinum Card
Velocity Frequent Flyer
$375
100,000
1.25 points uncapped
NAB
Qantas Rewards Signature Card
Qantas Frequent Flyer
$395 $295 in the first year
110,000
1 point up to $5,000/month, then
0.5 points up to $20,000/month
Virgin Money
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 28 months and then 20.99% p.a.
20.74% p.a.
$129 $0 in the first year
Velocity Frequent Flyer
Virgin Money
Virgin Australia Velocity High Flyer Card
0% p.a. for 12 months and then 20.99% p.a.
20.74% p.a.
$289
Velocity Frequent Flyer
Westpac
Low Rate
0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
13.74% p.a.
$59 $0 in the first year
Bankwest
Breeze Mastercard
0% p.a. for 15 months and then 9.90% p.a.
0% p.a. for 15 months then 9.90% p.a.
$49 $0 in the first year
Bank of Melbourne
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
BankSA
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
HSBC
Platinum Credit Card
0% p.a. for 36 months and then 21.99% p.a.
19.99% p.a.
$129 $29 in the first year
Rewards Plus
St.George
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
Bendigo Bank
Low Rate Credit Card
0% p.a. for 18 months then 11.99% p.a.
No current offer
$45
Virgin Money
Low Rate Card
11.99% p.a.
0% p.a. for 15 months and then 21.69% p.a. (1.00% balance transfer fee)
$99
MoneyMe
Freestyle Virtual Mastercard
16.99% p.a.
No current offer
$209 $0 - $149 based on credit limit, $5/month for balances over $20.
Bankwest
Breeze Mastercard
0% p.a. for 15 months then 9.90% p.a.
0% p.a. for 15 months and then 9.90% p.a.
$49 $0 in the first year
Westpac
Low Rate
13.74% p.a.
0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
$59 $0 in the first year
NAB
Low Rate Card
12.99% p.a.
0% p.a. for 32 months and then 21.74% p.a. (0% balance transfer fee)
$59 $0 in the first year
St.George
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
BankSA
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
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Low Rate Credit Card
0% p.a. for 18 months then 11.99% p.a.
No current offer
$45
Bendigo Bank
Platinum Rewards Credit Card
0% p.a. for 12 months then 19.99% p.a.
No current offer
$89
Bankwest
Breeze Mastercard
0% p.a. for 15 months then 9.90% p.a.
0% p.a. for 15 months and then 9.90% p.a.
$49 $0 in the first year
St.George
Vertigo
0% p.a. for 18 months then 13.99% p.a.
No current offer
$55 $0 in the first year
David Jones
American Express Card
0% p.a. for 12 months then 20.74% p.a.
No current offer
$99
NAB
StraightUp Card
0% p.a.
No current offer
$120 $10/month - waived if no spend & no balance owing
Bank of Melbourne
Vertigo
0% p.a. for 18 months then 13.99% p.a.
No current offer
$55 $0 in the first year
BankSA
Vertigo
0% p.a. for 18 months then 13.99% p.a.
No current offer
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