Qantas are offering up to 25,000 bonus Qantas Points and discounted first year annual fee of $29 ($49 p.a. ongoing) for new cardholders of the Qantas Premier Everyday Mastercard until 26 February 2020.
You will be ineligible to take up this offer if you currently hold, or have held a Qantas Premier Everyday Mastercard in the previous 12 months.
The bonus is split into 5,000 Qantas Points for every month you spend at least $1,000 in the first 5 months of approval – or a total of $5,000 to receive the full bonus points.
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.
The Qantas Premier Everyday Mastercard is the entry-level in Qantas’ Premier cards range, with a lower income requirement and lower annual fee than the Qantas Premier Platinum Mastercard and Qantas Premier Titanium Mastercard.
Qantas Premier Everyday Mastercard
|Card||Qantas Premier Everyday Mastercard|
|Loyalty Program||Qantas Frequent Flyer|
|Points earned from spend||0.75 Qantas point per $ up to $3,000 per statement period, then 0.4 Qantas Point per $ thereafter|
1 Qantas Points per $ on overseas spend
|Points earned with Qantas||1.75 Qantas Point per $ spent|
|Points Cap||no cap|
|Earns points at ATO||no|
|Insurance included||Travel Insurances (PDS)|
|Overseas transaction fee||3%|
|Minimum Credit Limit||$4,000|
|Minimum Income||$35,000 p.a.|
The Qantas Premier Everyday Mastercard account has an ongoing annual fee of $49 p.a. and earns 0.75 Qantas Points per dollar up to $3,000 per statement period, and 0.4 Qantas Points per dollar in excess of $3,000, uncapped.
The card also includes a complimentary travel insurance comparable to the Premier Platinum card, which is impressive for a low-fee card.
The card terms and conditions are here and the rewards terms and conditions are here.They explicitly state that eligible transactions do not include those from operating a business, or from government transactions, e.g. paying the ATO, council rates, and even Australia Post.
Similarities and differences to the Premier Platinum Card
The three variants of the Qantas Premier card are the very high-end Premier Titanium with a $1,200 annual fee, the Premier Platinum with a $299 annual fee and the Premier Everyday card with a $49 annual fee.
The key advantage of the higher end cards are the higher earn rates and point caps – with 1.25 Qantas Points per $ on all spend up to $12,500 with the Premier Titanium and 1 Qantas Point per $ on all spend up to $10,000 per statement period on the Premier Platinum.
The Premier Everyday card on the other hand has a reduced earn rate of 0.75 Points per $ and a lower cap of up to $3,000 per statement period – but also comes with a lower annual fee.
All three cards also earn bonuses on Qantas spend and overseas purchases, plus a handful of additional Qantas-specific benefits for both the Premier Platinum and Titanium.
Summing up: the Qantas Premier Everyday Card
The Qantas Premier Everyday card earns fewer points per dollar compared to the more premium card in Qantas’ card range but still offers useful benefits like the complimentary travel insurance, one that’s hard to find in other low-annual-fee cards in the market.
The card is definitely good enough against other low-fee points earning cards to get customers to consider switching away from their existing Qantas Points-earning credit cards – it just depends whether the $3,000 per statement period cap and the fact you can’t earn points on a range of government transactions will hamper your ability to earn more points for your particular spend habits.