The Qantas Premier Titanium Credit Card is currently offering 150,000 Qantas Points to new cardholders. You must spend $5,000 or more in the first 90 days to get the bonus points. An annual fee of $1,200 includes several perks that money can’t normally buy.
This guide closely examines the card to determine whether it could work for you.
Who is the Qantas Titanium card geared towards?
This Card is a niche offering targeted to frequent buyers. With an annual fee of $1,200 and a minimum income eligibility of $200,000, this card is not for everyone. If you apply for this Card, make sure to give it a good daily workout to extract the most value.
Also, maximising the use of Qantas products and services where you can further maximise value.
The Premier Titanium card appears to target a demographic that would otherwise seek out the American Express Platinum Card. It should be no surprise that this card also sports a metallic look similar to the Amex Platinum.
To a lesser extent, it also competes with the Citi Prestige card.
The Qantas Premier range also includes the Qantas Premier Platinum and the Qantas Premier Everyday Mastercard. All cards are issued by NAB on behalf of Qantas Premier.
National Australia Bank Limited (ABN 12 004 044 937, AFSL and Australian Credit Licence 230686) (“NAB”) is the Credit Provider and Issuer of Qantas Premier credit cards on behalf of Qantas Airways Limited ABN 16 009 661 901. NAB has acquired the business relating to the Credit Cards from Citigroup Pty Limited (ABN 88 004 325 080, AFSL and Australian Credit Licence 238098) (“Citi”) and has appointed Citi to assist in administering the products.
Qantas Premier Titanium Mastercard details
Card Details
| Card | Qantas Premier Titanium Mastercard |
| Loyalty Program | Qantas Frequent Flyer |
| Points earned from spend | 1.25 Qantas point per $1 spent on eligible domestic spend up to $12,500 (10,000 points) per statement period, then 0.5 Qantas Point per $1 thereafter 2 Qantas Points per $1 spent on international spend (uncapped) |
| Points earned with Qantas spend | 2 additional Qantas Point per $1 spent on eligible Qantas spend (uncapped) |
| Points Cap | no cap |
| Earns points at ATO | no |
| Insurance included | Travel Insurances (T&Cs apply) |
| Overseas transaction fee | 3% of the transaction amount |
| Minimum Income | $200,000 p.a. |
| Mobile wallet | Apple Pay & Google Pay |
| Annual fee | $1,200 p.a. |
Earn Rates
The card earns at the following rates:
| Per statement period | Qantas Points/$ |
|---|---|
| up to $12,500 | 1.25 Points |
| above $12,500 | 0.5 Points |
There’s also an additional 2 bonus Points per dollar for spending on Qantas products and services. This includes flights booked through qantas.com and Qantas Club membership. There is also a higher earn rate of 2 Qantas Points per dollar for overseas purchases.
The earn rate per dollar spent up to $12,500 per statement period is the most competitive in the market. And the earning cap per statement period is reasonable. But it’s a shame that above $12,500, the earn rate significantly drops to just 0.5 Points per dollar spending.
Therefore, this card is best suited to those looking to spend near the $12,500 threshold limit per statement period.
There are a few things to consider here:
- The Qantas Premier Titanium Credit Card is a Mastercard, meaning that it is currently accepted in more locations than Amex
- However, the Qantas Premier Titanium Credit Card is also a direct-earn card. Therefore, your points are funnelled to your Qantas Frequent Flyer account automatically at the end of each statement period. As such, you are ineligible to participate in bonus promotions for manually transferring your reward points to Qantas. Such promotions are possible with the American Express Rewards Cards.
Please note the card terms and conditions and the rewards terms and conditions.
Also, note the definition of an Eligible Transaction. The definition does not include transactions from operating a business or from government transactions, including paying the ATO. The full definition can be found in the Qantas Premier Credit Card Rewards Terms and Conditions.
Bonus Status Credits
The card also earns an additional 20% Status Credits on all eligible Qantas flights.
Note the following conditions regarding the bonus status credits:
- Bonus Status Credits are only earned on Qantas-operated and marketed flights. These flights must be booked using the Qantas Premier Titanium Credit Card
- The offer cannot be used to move you from Platinum to Platinum One Qantas Frequent Flyer membership. Nor can a Platinum One member use the status credits to retain the Platinum One membership status.
- Bonus Status Credits will not contribute to Lifetime Status, Loyalty Bonuses, Platinum Bonus Reward, Platinum One Member additional benefits. And they will not be earned in conjunction with other Status Credit promotions unless otherwise specified.
There are five membership tiers in Qantas Frequent Flyer, from lowest to highest:
The ability to earn bonus Status Credit from the Card can help you qualify for elite status:
| Status | Without Qantas Titanium card | With Qantas Titanium card |
|---|---|---|
| Silver | 300 | 250 |
| Gold | 700 | 584 |
| Platinum | 1400 | 1167 |
| Platinum One | 3600 | 3600 |
And here are the numbers you need to maintain your status:
| Status | Without Qantas Titanium card | With Qantas Titanium card |
|---|---|---|
| Silver | 250 | 209 |
| Gold | 600 | 500 |
| Platinum | 1200 | 1000 |
| Platinum One | 3600 | 3600 |
Getting 20% status bonus may at first not seem so large. But the table above shows how it can be the difference between reaching the next status tier or not.
Make sure to read the Point Hacks beginner’s guide to Qantas Frequent Flyer Status and benefits.
Lounge Access
The Card does not offer any complimentary lounge access. This is disappointing because the card’s annual fee is well into the four figures.
However, the Card does come with two Qantas First lounge passes. This is welcome, as it’s the only card in the market to do so. A further two Qantas Club or International Business Class lounge passes are offered. Therefore a total of 4 digital lounge passes are provided every year.
First Class lounge access
You can access Qantas’ First Class lounges twice per year. Therefore, you can enjoy the comfort of Qantas’ premier lounges in Sydney and the newer version of it in Melbourne. And you don’t have to be flying First Class!
Other Qantas lounge access
The Card gives you two single-entry complimentary lounge Invitations each year on your card anniversary. These lounge invitations can be used at domestic Qantas Club lounges or Qantas-operated International Business Lounges. But does exclude the Los Angeles Tom Bradley Terminal International Business Lounge.
You can view and transfer your invitations to any other Qantas member on the Qantas Complimentary Lounge Invitations page.
Qantas domestic and international fare discount
The Qantas Premier Titanium gives you a 10% discount on eligible Qantas flights booked through the Qantas Premier Titanium concierge. This covers all domestic and international fare classes for up to two bookings per year for two people.
Eligibility
- Flights must be booked via the Qantas Premier Titanium Concierge
- Flights must be paid for with your Qantas Premier Titanium card
- Offer is available for any fare or cabin class
- Cannot be combined with other offers
- Limited to two times per year, for two people
Find out more about this feature here: Qantas Premier Titanium features and benefits
Qantas Premier credit cards Apple Pay & Google Pay support
Qantas Premier credit cards now support Apple Pay & Google Pay, meaning you can now use their cards on your compatible device for easier payments.
Keen to hear what fellow travellers think?
Summing Up
The Qantas Premier Titanium Credit Card is definitely a unique proposition in the market. It definitely offers Qantas benefits not seen in other cards. For this reason, the Card is likely to be quite well regarded by frequent flyers solely dedicated to Qantas. The 20% status bonus on flights will especially be beneficial for these flyers, providing a shortcut to elite tier status.
With an annual fee of $1,200 per year, however, you need to ensure that you are specifically loyal to Qantas. Otherwise, you may not maximise the Card’s benefits. If you like to spread your travel around multiple airlines, this Card may not be for you. But if Qantas is your go-to airline and you are a genuine frequent flyer, then plenty of benefits can be gained by having this card in your wallet.
I’ve had this card twice in the past and for me it’s worth it (alongside other cards like Amex in parallel). However the concierge service is some white-labelled offering with a call center in The Philippines. They don’t seem to know much about the card offerings and don’t think that Qantaslink and other regional subsidiaries count for the “Qantas only” 10% discount. I have an upcoming international flight with regional connections and they said they’d have to get back to me, but thought only the international leg could be reimbursed (They can’t book multi-leg flights, you have to book it yourself and phone for a refund). I’ve pinged them again and they still said they’re thinking about it. I’ve since given up and cancelled the card before its anniversary. I might get it again in the future for the automatic benefits, but I don’t value the concierge or the 10% discount. I suspect claiming on the travel insurance would probably involve going through the concierge too, which would almost certainly be a whole lot of “computer says no”.
Amex even considers ‘household income’ (yours and your partner) to ascertain whether you meet their $100k p.a. income requirement (which many may not be aware of).
Do you know whether Qantas Money assess their income requirement as a household or for the primary applicant only, Daniel?
Or am I missing something here?
Thank you for your comment and you do make some good points. Like you suggest, applicants for this card that are frequent Qantas flyers who predominantly pay for their fares on the card, and are looking to reach elite status with Qantas, then there are some good benefits.
However for most travellers who don’t fit into this category, then there are likely better options for them.
Pretty poor that for the price
the 20% Status Credit Bonus can not be used conccurently with the Double Status Credit offer.
FOREX Fees
Can’t buy stuff from Australia Post and earn points. (I’m not even reffering to bills)
Apparently the 10% off only applies to the base fare and not Taxes, Credit Card Surcharges etc.
QANTAS still will not waive CC fees for use of the card like JetStar does for its Jetstar Card.
If anyone of 1,2,4 or 5 where features, I would be seriosuly considering it but now with this slap in the face, I think I might even go further and cancel my Premier Platinum.
Thanks for providing this update for our readers. Your argument does have merit but as you right point out, if they don’t change their terms and conditions on this, upgrading customers will be ineligible for the bonus points.
What I’m questioning is regarding the 20% status bonus. Am I understanding correctly that if you book during a double status promotion, you will get the 20% but not the double or do you get the double, but miss the 20%?
This is a good question. The terms state that the Bonus Status Credits will not be earned in conjunction with other Status Credit promotions unless otherwise specified, therefore these bonus credits will only be doubled if the terms of any Double Status Credit “DSC” promotion specifically state that they are eligible. If the terms of the DSC specifically exclude or a silent on this point, then they will not be eligible.
I’m surprised that with this annual fee, there is no unlimited lounge access and no hotel status. (as Amex does)
Well, I think Amex Charge Card is way better. (my thought)