Qantas has today released an ultra-premium credit card that offers Qantas First Class Lounge access, Status Credits, flight discounts and enough Qantas Points for a business class flight from Sydney to London[i] upon sign up.
The Qantas Premier Titanium Mastercard® also offers the highest Qantas Points earn rate and the highest number of sign-up bonus Qantas Points of any Mastercard or Visa credit card currently in market.
The card, cut from metal, offers a range of benefits including:
- Two Qantas First Lounge Invitations and two lounge Invitations for the Qantas Club Domestic and selected International Business Lounges[ii] .
- 20 per cent bonus Status Credits on Qantas flights[iii]
- 10 per cent discount on Qantas operated flights for up to two bookings per year for two people on all fare classes (both international and domestic)[iv]
- 150,000 bonus Qantas Points when you spend $5,000 within 90 days of card approval.
- Two Qantas Points per $1 spent overseas, up to 1.25 Qantas Points in Australia and extra points when spending with Qantas[v]
Qantas Loyalty CEO Olivia Wirth said the Titanium card would appeal to Qantas’ growing group of high spending members, who maximise their points earn across the program on everyday purchases.
“We started our loyalty program for frequent flyers, but as the number of partners has grown it’s actually frequent buyers who are now earning the most points,” Ms Wirth said.
“The top 1,000 points balances are held by members who have maximised their points earn on everyday spend, with our partners like Woolworths and Red Energy or by using Qantas Points-earning credit cards. The expansion of the program means you can earn points buying wine or buying a car, so the potential for larger balances without flying is huge.
“In the past 12 months, one member earned more than 30 million Qantas Points on credit card spend. That’s equivalent of over 100 round the world trips in business class.” [i]
Credit card spend on a Qantas Points-earning card is one of the most popular ways for members to add to their points balances. Thirty-five per cent of all credit card spend in Australia is on a Qantas or Qantas Frequent Flyer co-branded credit card.
The Qantas Premier Titanium card complements the existing Qantas Money credit cards – Qantas Premier Platinum and Qantas Premier Everyday – which both launched in 2017. However, with an annual fee of $1,200 and minimum annual income requirement of $200,000, Qantas Premier Titanium is Qantas’ most exclusive card.
Ms Wirth said the Titanium card would have specific appeal to big spenders.
“We’re seeing more and more of our members with points balances in the millions through strategic credit card use and leveraging program partners. The Qantas Premier Titanium card will help boost their points potential and deliver a more rewarding Qantas experience. It comes with a significant annual fee, but has significant benefits,” Ms Wirth said.
The 10 per cent flight discounts can save cardholders thousands of dollars per year – an individual travelling business class with their partner to London and Hong Kong return can save around $2500 per annum. Based on $10,000 domestic spend per month, the Titanium card has the potential to generate enough points in a year for a one-way upgrade from Economy to Business for two people to Honolulu or a return Classic Flight Reward in economy for two people to Singapore.[i]
Citigroup Pty Limited ABN 88 004 325 080 AFSL No. 238 098 Australian credit licence 238098, is the Credit Provider and Issuer of the Qantas Premier credit cards on behalf of Qantas Airways Limited ABN 16 009 661 901.
All applications are subject to credit criteria. Fees, charges and Terms & Conditions apply.
You must be a member of the Qantas Frequent Flyer program to earn Qantas Points or bonus Status Credits. Membership to the Qantas Frequent Flyer program, and earning and redeeming Qantas Points are subject to the Qantas Frequent Flyer Terms and Conditions.
For more information please visit: https://www.qantasmoney.com/terms-and-forms
[i] This excludes the cost of any taxes, carrier fees and charges
[ii] The Qantas Premier Titanium Primary Cardholder is entitled to two complimentary single-entry Lounge Invitations to the Qantas First Class Lounges in Sydney, Melbourne or Los Angeles and two single-entry complimentary Lounge Invitations for use at domestic Qantas Club lounges or Qantas operated International Business Lounges (excluding Los Angeles Tom Bradley Terminal International Business Lounge) per anniversary year in accordance with the Qantas Premier Titanium Credit Card Airline Benefit Terms and Conditions. Use of the Lounge Invitations is in accordance with the Qantas Lounge Invitation Terms and Conditions. For Qantas Lounge locations visit qantas.com/travel/airlines/airport-lounges/global/en
[iii] This benefit excludes the ability to attain or retain Platinum One Status
[iv] The Discounted Fares Benefit is available for up to two travellers twice per Qantas Premier Titanium credit card anniversary year on domestic and international flights operated by Qantas and QantasLink. The booking must be made by You through the Qantas Premier Titanium Concierge service and You must nominate at the time of booking that You wish to use the Discounted Fares Benefit and pay for the booking in full using Your Qantas Premier Titanium credit card. The Discounted Fares Benefit is available on all fares including sale class fares, however it cannot be combined with any other offer, discount or promotion unless otherwise specified. The Discounted Fare Benefit is subject to change. For full terms and conditions see the Qantas Premier Credit Card Airline Benefits Terms and Conditions at qantasmoney.com/terms
[v] Earn rate for the Qantas Premier Titanium credit card: 2 Qantas Points per whole AU$1 equivalent on International Spend; 1.25 Qantas Points per whole AU$1 on Domestic Spend up to and including AU$12,500 each Statement Period, 0.5 Qantas Points per whole AU$1 spent above AU$12,500 each Statement Period; plus 2 Additional Qantas Points per whole AU$1 on Qantas Spend. International Spend means any Eligible Transaction made with a merchant who tells us they are located in a country outside Australia. Domestic Spend means any Eligible Transaction made with a merchant who tells us they are located within Australia. Eligible Transaction means any purchase excluding (but not limited to) Cash Advances, Balance Transfers, Special Promotions, BPAY payments, purchases of foreign currency and travellers cheques, transactions made in operating a business, payments to other Citi accounts, bank fees and charges such as interest and ATM charges, transactions made using Qantas Points and government related transactions. Government related transactions include transactions with government or semi government entities, or relating to services provided by or in connection with government (for example but not limited to transactions made at Australia Post, payments to the Australian Taxation Office, council rates, motor registries, tolls, parking stations and meters, fares on public transport, fines and court related costs). For full definitions, terms and conditions, see Qantas Premier Credit Card Rewards Terms and Conditions.