What is a balance transfer offer?

A Qantas Points earning credit card with a balance transfer option enables you to transfer your existing credit card debt onto a card with a lower interest rate, for a specified timeframe. Some may even offer 0% interest for a period of time. Plus, you’ll have the added benefits of a Qantas Points earning credit card, such as earning points on any eligible additional spend.

How to apply for a credit card that earns you Qantas Points with a balance transfer offer

Once you’ve decided which card is right for you, the 'Apply now' button will take you through to the relevant card issuer’s site. Each has their own set of eligibility requirements which will need to be met in order for your application to be successful.

How do I decide which balance transfer credit card is the right one for me?

Check your current balance and interest rate.
Pick a balance transfer card that fits your needs.
Read the fine print and understand the terms and conditions.
Apply and get approved by your financial institution for a balance transfer card.
Contact your financial institution to do the balance transfer.

What is a balance transfer fee?

A balance transfer fee is a fee that's charged when you transfer credit card debt from one card to another. Compare Qantas Points earning credit cards with balance transfer options.

Do balance transfers affect my credit score?

Balance transfers can improve your credit score if the transfer makes it easier and faster to pay down your outstanding debt. However, it’s important to keep in mind that you will need to make payments on time in order to maintain a good credit score.

What you need to know

You must be a member of the Qantas Frequent Flyer program to earn and use Qantas Points. A joining fee may apply. Membership and points are subject to the Qantas Frequent Flyer program Terms and Conditions.

The credit card products referred to on this webpage are not Qantas products and not offered or issued by Qantas but by the relevant credit licensees. The information about the credit products has been provided by the relevant credit licensees and not Qantas. Qantas does not hold an Australian Credit Licence and is not a licensee in relation to the credit activity being engaged in by the relevant credit licensees.

The information on this webpage is factual and of a general nature only and does not consider your personal objectives, financial situation or particular needs.

Qantas is not recommending the products described on this webpage. We recommend that you obtain independent advice before you apply for any product which is described on this webpage. Qantas does not accept liability for any loss arising from the use of, or reliance, on the information provided on this webpage.

Points are offered by the relevant program card partner and partner reward program and can only be earned on eligible purchases. Bonus points amounts offered are different for each credit card. Minimum spend criteria, terms and conditions, fees and charges may apply.

Compare credit cards with balance transfer offers