Platinum credit cards

Platinum credit cards offer premium benefits, higher spending limits and exclusive perks for people who want to get extra value from their credit card. They also offer premium extras including airline lounge passes, concierge services, rewards programs with bonus points offers, entertainment experiences and complimentary insurance covers.

Choose the right platinum credit card that earns Qantas Points for you

There are a number of platinum credit cards that earn you Qantas Points available that offer a range of exclusive features and benefits. So, when looking for a platinum credit card, it’s a good idea to go through all the features to decide which ones are the most important to you. Explore the range here.

When you're deciding on a platinum credit card, make sure you check the annual fees and other potential costs so that you can work out whether the benefits outweigh the costs of the platinum credit card that you choose.

Why choose a platinum credit card?

The features of a platinum credit card can give you extra value if you spend regularly, travel frequently or use your credit card's additional services. Platinum credit card features and benefits are a cut above those offered by standard or gold credit cards.

Platinum credit card benefits often include

Higher credit limit
Higher rewards or frequent flyer points per dollar spent
Higher points caps for reward programs
Complimentary travel and purchase insurances
Personal concierge service
Complimentary airport lounge access
Exclusive invitations to entertainment and sporting events, and access to presale tickets.
Discounts and special promotions on travel, shopping and dining

What do I need to consider when choosing a platinum credit card that earns Qantas Points?

Most major card issuers offer a platinum product, which makes comparing credit cards to ensure they suit your lifestyle important. It is important to ask yourself important questions surrounding your spending and financial position.

Do you use credit a lot?

If you regularly pay with a credit card, the higher credit limit of a platinum credit card could offer you more flexibility when it comes to spending. It will also help you get the most out of features such as rewards.

Do you regularly pay off your credit card?

Platinum credit cards can have high interest rates, so be sure that you can pay off your card monthly in order to enjoy the benefits fully.

How many of the features will you use?

While it’s great to have access to the wide range of features, the value comes from actually using them. Think about the features you want and how often you will use them, to decide whether or not a platinum credit card is worth it for you.

Apart from the standard rates and fees, some of the other factors you might want to consider in your comparison include:

Rewards points

Some credit cards come with reward or frequent flyer programs, allowing you to earn reward points for every dollar you spend on eligible purchases.

Complimentary insurance

Some platinum credit cards offer complimentary travel insurance that will cover medical and hospital expenses, loss or damage to personal property, cancellation of travel arrangements and inconvenience cover while you’re overseas.

Concierge services

Some platinum cards offer a 24/7 concierge service that can help you with anything from travel bookings and restaurant reservations to sending a gift or securing concert tickets.

Airline lounge passes

Some platinum credit cards offer the added luxury of airport lounge access when you travel.

Entertainment experiences

Depending on the card network you’re with, you could take advantage of presale concert tickets, exclusive competitions, discount ticket prices and more.

How do I apply for a Platinum credit card?

How you apply will differ depending on the issuer. However, it is important to keep in mind:

Applicants must be at least 18 years of age.
You must have an excellent credit history.
You must have a regular source of income. Platinum credit cards also have higher minimum income requirements
Full-time employment is preferred. If you are self-employed, retired or on a pension and can provide proof of regular income, then you may also be eligible to apply.

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.

Except for Qantas-branded products, products referred to on this webpage are not Qantas products and not offered or issued by Qantas but by the relevant Australian Financial Services Licence (AFSL) or Australian Credit Licence (ACL) holders. The information about the relevant product has been provided by the relevant licensees and not Qantas. Qantas does not hold an AFSL or ACL and is not a licensee or authorised representative in relation to the activities being engaged in by the relevant licensee (except for Qantas-branded products).

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 any 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.

^Estimated points calculations:

Are based on a fixed monthly spend each month for the period specified and will include the relevant card’s sign on bonus points, provided the monthly spend amount meets the minimum spend criteria.

Where 2nd year bonus points are offered and the specified time period selected is 2 years or more, these points will be included.

Include points capping and points tiers, if applicable.

Assume 100% of spend is categorised as eligible everyday domestic spend. Check the relevant T&Cs to determine what spend qualifies for points earning. For some products, international spend, government spend and spend on Qantas products and services may result in additional points, or fewer points, being awarded. Where applicable, eligible domestic spend is split into 4 categories:

Major Restaurants, Cafes and Hotels (6%),
Major Petrol outlets, Supermarkets and National retailers (16%)
Utilities (3%)
All other spend (75%)

Do not factor in bonus points available for first-time Qantas Points earning credit cardholders (excludes the Qantas Premier Platinum credit card where these bonus points are always available).

Do not include bonus points on balance transfers.

This tool has been prepared by Qantas and not the associated financial institution. Amounts are estimations only, to be used as a guide, and are not a guarantee of points you will earn. Refer to the full T&Cs for the relevant card to see what purchases are eligible for earning points, and to ascertain points earn rates, bonus points, fees and charges associated over the duration you hold the card.

Compare platinum credit cards