HSBC Platinum Qantas Credit Card

Not available for application via this website

HSBC Platinum Qantas Credit Card

3.0

Balance transfer

12 months at 0% p.a.

Purchase rate

19.99% p.a. ongoing

Interest-free days

Up to 55 days on purchases

Annual fee

$0.00 for 1st year

Highlights

  • Earn 1.5 Qantas Points per $1 on eligible purchases in your first 12 months, then 1 Qantas Point per $1 spent after that.
  • 0% p.a. balance transfer offer for 12 months, with a 2% transfer fee.
  • Save $299 in the first year with no annual fee, then $399 p.a. after that.

Pros and cons

Pros

  • Includes complimentary travel insurance with Rental Vehicle Excess Insurance in Australia and Transit Accident Insurance.
  • Plus Extended Warranty and Purchase Protection insurance.
  • Save $99.50 with the Qantas Frequent Flyer program complimentary membership.
  • Get a free Frequent Values™ membership, which gives you access to 4,500 promos at select stores, restaurants, hotels, and family attractions.
  • Enrol family members as additional cardholders at no extra cost.
  • Up to 55 interest-free days.
  • This card is compatible with Apple Pay and Google Pay.
  • Take control of your card with the HSBC Australia app.

Cons

  • The balance transfer rate reverts to the cash advance rate of 21.99% p.a. after the introductory period.
  • There is a 2% BT fee.
  • After the first year, the annual fee increases to $399 p.a.
  • Qantas Points are capped at 120,000 per year.
  • Does not include complimentary lounge access.
  • A 3% foreign transaction fee applies to purchases made overseas.

About this credit card

Basics

Card usage

Apple Pay Enabled
Yes
Card Type
Visa
Gambling Transactions Allowed
No
Samsung Pay Enabled
No

Eligibility

Joint Application Accepted
No
Minimum Age
18 years
Minimum Credit Rating
Good, Very Good, Excellent
Minimum Income
$40,000.00
Temporary Residents Accepted
Yes

Additional cardholders

Additional Cardholders
9
Additional Card Fee Ongoing
$0.00

Credit limits

Minimum Credit Limit
$6,000.00
Maximum Credit Limit
N/A

Repayments

Interest Charged From
Statement date
Interest Free Period
Up to 55 days on purchases
Minimum Repayment Percentage
3%

Balance transfers

Balance transfer offer

Balance Transfer Rate
0%
Balance Transfer Period
12 months
Balance Transfer Fee Percentage
2%

Balance transfer conditions

Balance Transfer From Personal Loan
No
Balance Transfer Limit Percentage
90%
Balance Transfer Revert Rate
21.99%

Rates, fees, charges

Cash advances

Cash Advance Rate
21.99% p.a.
Cash Advance Fee
$4.00
Cash Advance Fee Percentage
3%
Cash Advance Fee Threshold
N/A

Purchases

Purchase Rate Introductory Offer
N/A
Purchase Rate Introductory Period
N/A
Purchase Rate Ongoing
19.99% p.a.

Account fees

Annual Fee Initial Year
$0.00
Annual Fee Ongoing
$399.00
Dishonour Fee
$30.00
Duplicate Statement Fee
$8.00
Foreign Exchange Fee Percentage
3%
Late Payment Fee
$30.00

Rewards

Rewards program basics

Rewards Program
Qantas Frequent Flyer
Rewards Program Annual Fee Initial Year
N/A
Rewards Points Expiry
36 months

Rewards points per $1 spent

Domestic Rewards Points Earn Rate
1.50
Government Rewards Points Earn Rate
N/A
Overseas Rewards Points Earn Rate
1.50

Additional perks

Insurance

Cardholder's Domestic Hotel Burglary Insurance
No
Cardholder's Extended Warranty Insurance
Yes
Cardholder's International Travel Insurance
Yes
Cardholder's Interstate Flight Inconvenience
Yes
Cardholder's Personal Item Theft Cover
No
Cardholder's Price Protection Insurance
No
Cardholder's Purchase Protection Insurance
Yes
Cardholder's Refund Protection
No
Cardholder's Transport Accident Insurance
Yes

Travel and lifestyle

Airport Lounge Access Included
No
Concierge Service Included
Yes
Complimentary Flight Voucher Included
No
Complimentary QFF Membership Included
No

History

    User reviews

    Convenience

    Customer service

    Rates and fees

    Rewards

    Trust

    Perfect for Qantas points

    Reviewed by R

    Great rewards and security

    Reviewed by Paul

    OK if you can use QFF points

    Reviewed by Chris

    No fuss to join, excellent personalised service.

    Reviewed by Graham

    HSBC = Paranoia!

    Reviewed by J

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    As seen on

    Media - The Sydney Morning Herald
    Media - Yahoo Finance
    Media - News.com.au
    Media - Daily Mail Australia
    Media - Australian Fintech
    Media - Dynamic Business