Citi - Prestige Qantas Credit Card
Qantas Points
The Prestige Qantas Credit Card from Citi has an earn rate of 1.5 points per dollar spent on international or domestic purchases made with major airlines, restaurants, and hotels. Earn 1.5 points for every dollar spent at petrol outlets, major supermarkets, and national retailers or 1 point for all other domestic purchases.
This card has an initial rate on balance transfers of 0% p.a. for 6 months. The interest rate reverts to 22.24% p.a. There are up to 44 interest-free days on purchases and the interest rate on purchases will be 21.49% p.a.
Spend $10,000 within 60 days of approval and earn 125,000 bonus Qantas Reward Points. New cardholders only.
Annual Fee
$749 per year
Balance Transfer
0% for 6 months reverts to 22.24% p.a.
0% BT fee applies.
0% BT fee applies.
Purchase Rate
21.49% p.a.
Rewards Rate One
1.5 point(s) per AUD$1 On international Spend
Details
Card Type
Mastercard
Minimum Repayment
2% or $25
per statement, whichever is greater
Interest Free Period
up to 44
days
Minimum Credit Limit
$20,000
Maximum Credit Limit
$100,000
Fees
Annual Fee
$749
per year
Late Payment Fee
$30
per statement
Cash Advance Fee
3.50% or $3.50
per transaction, whichever is greater
Additional Card Holder Fee
$0
Additional Card Holder Cap
up to 4
additional holders
Rates
Purchase Rate
21.49% p.a.
Cash Advance Rate
22.24% p.a.
Balance Transfer
Balance Transfer
0% for 6 months
reverts to 22.24% p.a.
0% BT fee applies.
0% BT fee applies.
Balance Transfer Limit
80%
of credit limit
Balance Transfer Fee
0%
per transaction
Overseas Spending
Foreign Currency Conversion Fee
3.40%
per transaction
Overseas Cash Advance Fee
3.40%
per transaction
Eligibility
Minimum Age
18
years old
Rewards
Program
Qantas Rewards
Types
Qantas Points
Bonus
125,000 bonus points
Reward Rates
Rewards Rate One
1.5 point(s) per AUD$1
On international Spend
Rewards Rate Two
1.5 point(s) per AUD$1
On domestic Spend
Perks
Complimentary Travel Insurance
Yes
Airport Lounge Access
Yes
Who is the product designed for?
The target market for the Product is individuals who:
- are seeking a line of credit facility for everyday spending to earn up to 1.5 Qantas Points per dollar on certain purchases and the ability to access complimentary insurances and Product benefits
- are Qantas Frequent Flyer members or intend to be a Qantas Frequent Flyer Member
- meet eligibility criteria and serviceability requirements for the Product
- unlikely to hold substantial balances for prolonged periods except to take advantage of reduced interest rates and/or instalment repayments on a Fixed Payment Option or a Balance Transfer (including holding a Balance Transfer for longer than the period during which a reduced interest rate applies).
Visit Citi to view Target Market Determination Effective From: 2024-09-30.
Australia - © 2023 Fair Comparison Pty Ltd
Savrr.com is a trading name of Fair Comparison Pty Ltd. The 'compare' pages of this website are provided by Fair Comparison Pty Ltd (ABN 48 647 552 958, credit representative number 530417) as a credit representative of QED Credit Services Pty Ltd (Australian Credit Licence 387856) to compare a range of credit card, home loan, personal loan, and car loan products. Fair Comparison Pty Ltd may receive a fee if users click through, apply and/or successfully acquire a loan or credit card product from or through a product provider.
Fair Comparison provides information relating to credit products offered by banks and other credit providers. We are not providers of loan, credit, or any other financial products. While we aim to provide information about a variety of products, we do not provide information about all products or product features available to consumers - there may be alternative options available elsewhere. We do not recommend or assist you to apply for specific products. Should you choose to apply for a product which is listed, you will deal directly with the provider of the product or its broker/representative. We aim to provide useful and up to date information, but you should always carefully check product information with the product provider prior to applying for or taking out a credit product. If you are unsure, you should seek clarification from the product provider or independent financial advice.
Global - © 2023 Fair Comparison Ltd
Savrr.com is a trading name of Fair Comparison Ltd. The ‘compare’ pages of this website are provided by Fair Comparison Ltd to compare a range of online trading platforms and products. Fair Comparison Ltd may receive a fee if users click through, apply and/or successfully apply for an online trading account or product.
Fair Comparison provides information relating to online trading platforms. We are not providers of loan, credit, or any other financial products nor are we an investment broker. While we aim to provide information about a variety of platforms or products, we do not provide information about all platforms or products available to consumers - there may be alternative options available elsewhere. We do not recommend or assist you to apply for specific platforms or products. Should you choose to apply for a platform or product which is listed, you will deal directly with the platform or its broker/representative. We aim to provide useful and up-to-date information, but you should always carefully check information with the platform provider prior to opening an account or making a financial decision. If you are unsure, you should seek clarification from the platform or independent financial advice.