Qantas is expanding its own-brand credit card family with the Qantas Premier Everyday Mastercard: a low annual fee card with equally modest points earning abilities to slide in under the Qantas Premier Platinum Mastercard.
Clocking in at $49 per year, cardholders can pocket 0.75 Qantas Points per dollar spent in Australia up to $3,000 per month, and 0.4 Qantas Points per dollar thereafter.
Spending in foreign currencies attracts a higher one Qantas Point per dollar spent, uncapped – but with a 3% international transaction fee – while transactions made directly with Qantas such as booking flights or purchasing Qantas Club membership accrue up to 1.75 Qantas Points per dollar spent.
After spending $3,000 each month within Australia, purchases made directly with Qantas earn a reduced 1.4 Qantas Points per dollar spent instead, as Qantas awards one bonus point per dollar spent on these transactions on top of the applicable Australian earn rate.
There's a sign-up bonus of 20,000 Qantas Points contingent on spending $3,000 within 90 days of the card being approved, plus complimentary travel insurance – but unlike the Qantas Premier Platinum Mastercard, you'll forego extras like airport lounge access and discounts on Qantas flights.
Having an additional cardholder on the account costs an extra $25 per year.
How the Qantas Premier Everyday Mastercard compares
The Qantas Premier Everyday Mastercard is very much an entry-level card for frequent flyers – but there are other options to consider before you sign on the dotted line.
For example, the Qantas American Express Discovery Card churns out one Qantas Point per dollar spent on most purchases, uncapped; two Qantas Points per dollar spent with Qantas (such as on flights and Qantas Club membership), and 0.5 Qantas Points per dollar spent with government bodies, with no annual fee.
Of course, that relies on American Express being accepted where you shop the most, so you could opt to carry both cards in your wallet: using AMEX where it’s welcome and the Everyday Mastercard everywhere else in Australia, and on all overseas purchases where it attracts more points.
For higher spenders, the Qantas Premier Platinum Mastercard instead offers one Qantas Point per dollar spent within Australia up to $10,000 per month and 0.5 Qantas Points per dollar spent thereafter, against a $149 annual fee in the first year and $299 in subsequent years.
The Premier Platinum card also delivers a higher earn rate on foreign currency spend, being 1.5 Qantas Points per $1 spent, and on transactions with Qantas when spending less than $10,000 per month, with the total earn rate being two Qantas Points per dollar spent.
Qantas Premier Platinum cardholders who have spent over $10,000 per month in Australia instead collect 1.5 Qantas Points per dollar spent directly with Qantas on purchases exceeding that monthly threshold, but could be earning two Qantas Points on the same via the Qantas AMEX Discovery Card.