Qantas Titanium Card: Qantas has launched a new Premier Titanium Credit Card. This Shiny new card trumps its sibling Premier Platinum with:
• 20% bonus Status Credits
• 150,000 Qantas Points sign-up bonus
• Base earning rate of 1.25 Qantas Points per dollar on domestic spend.
The 20% bonus is when you take a Qantas booked flight with the card (fine print states that this extra haul does not count towards Platinum One status, your lifetime status tally or any loyalty bonus boosters)
The 1.25 Qantas Points per dollar on domestic spend is one of the highest Qantas Points earning rates in Australia. But note that once you exceedA$12,500 per month it is wound back to 0.5 points per dollar. There is also an additional 2 points per dollar issued for ‘Qantas Spend’ (flights, Qantas Wine and Qantas insurance). International spending is 2 points per Aussie dollar. A downside is that you won’t earn points on ANY government related payments whereas some other cards apply a reduced rate to those transactions.
Annual Perks:
• Two complimentary invitations to the Qantas First Lounge (valid, Sydney, Melbourne, LA and Singapore later in 2019)
• A pair of Qantas Club lounge passes for domestic Qantas Clubs and most international business class lounges.
• 10% discount on two domestic or international Qantas flights per year for two people
• Free membership to the Qantas Wine Premium club
• Overseas Travel Insurance
• One year extended warranty on eligible purchases
• Two Qantas Points per $1 spent overseas, up to 1.25 Qantas Points in Australia and extra points when spending with Qantas.
The Qantas Premier Titanium card offers a huge 1500,000 bonus Qantas Points when you spend $5,000 in your first 90 days (offer ends 30 April 2019) Cost of entry is an income requirement of at least $200,000 and an annual fee of $1,200 (plus $100 for additional cardholders) The 10 percent 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.
Olivia Wirth Qantas Loyalty CEO said regarding the card “It comes with a significant annual fee, but has significant benefits- We are seeing more and more of our members with points balances in the millions through strategic credit card use and leveraging program partners" Olivia Sited one member who in the past 12 months “has earned more than 30 million Qantas Points on credit card spend" – equivalent to over 100 round the world trips in business class. Ms Wirth said the Titanium card would have specific appeal to big spenders.
