For a limited time, HSBC is offering 60,000 bonus Qantas points with the HSBC Platinum Qantas Credit Card. With 1:1 points earn rate on everyday spending (capped), the HSBC Platinum Qantas Credit Card comes with attractive perks, and it’s an incredibly handy Visa companion card option for where AMEX isn’t accepted.
To get the 60,000 bonus points, you’ll need to apply by 30 June 2018, gain approval and spend $3,000 on eligible purchase with your credit card within 3 months of account opening.
Six reasons to choose the HSBC Platinum Qantas Credit Card:
✔️ 60,000 bonus Qantas points – That’s enough for seven economy flights between Sydney and Melbourne, a one way economy flight to the USA or Europe or a one way business class flight from Sydney to Bangkok on the Emirates A380 (plus taxes).
✔️ 1 Qantas point per $1 spent (capped) – one of the highest rates available for an Australian Visa card. Earn 1 Qantas point per dollar spent, up to $2,500 every month. Every $1 spent thereafter will earn 0.5 Qantas Points. This is capped at 7,500 per statement period (Qantas Bonus points are not subjected to capping).
✔️ $0 balance transfer – available from non-HSBC cards for a full 12 months – handy if you are looking to consolidate balances from other cards (and yes, you can still receive the 60,000 bonus points if you take advantage of the balance transfer offer). You’ll also receive up to 55 days interest-free on purchases when you pay the full balance (including any balance transfer, promotional purchases and the 0% p.a. balance transfer offer mentioned above) by the due date each month.
✔️ A range of complimentary insurances – including domestic and international travel insurance, car rental insurance and more (further details below).
✔️ A complimentary membership to Frequent Values™ by Entertainment Publications (valued at $89). Enjoy valuable offers at participating restaurants, supermarkets, department stores, cinemas, family attractions, hotels and much more across Australia and New Zealand, every time you use your credit card.
✔️ Low $199 annual fee – The 60,000 Qantas points bonus offer is one of the best available for a low annual fee card, and you can easily offset the annual fee by taking advantage of the card perks listed above.
Or, read on for more comprehensive information about this card.
60,000 reasons to say yes to the HSBC Platinum Qantas Credit Card
There are many great ways you could use your sign on bonus (just don’t buy a toaster!) Your 60,000 bonus points could unlock a business class upgrade, a one way economy flight to the USA or even an Emirates First Class flight across the Tasman. Get inspired by reading our post on the best ways to spend 60,000 Qantas points.
Enjoy a very low annual fee and $0 balance transfer
With a low $199 per year, the HSBC Platinum Qantas Credit Card offers one of the lowest fees for a platinum grade card in the market. Along with the opportunity to boost your points balance without needing to fork out for huge fees, you can also access a 0% balance transfer for 12 months (from non HSBC cards) – so you could save significantly if you have outstanding credit card balances elsewhere.
Earn 1 Qantas point for each $1 spent (capped)
Every day spending on eligible purchases earns you one Qantas point for each $1 spent up to a cap of $2,500 per statement period – one of the best earn rates available for an Australian Visa product. This cap is perfect for conservative spenders, or if you plan to use your HSBC Platinum Qantas Credit Card as a ‘companion’ Visa where AMEX isn’t accepted. Over this cap, you’ll earn 0.5 Qantas Points to a maximum spend of $7,500 per statement period.
BPAY, Government fees and charges, balance transfers, cash transfers, cash advances, and interest free promotions are not considered eligible purchases.
Get peace of mind with a range of complimentary insurances
Your complimentary insurance benefits now includes Domestic Travel and Car Rental insurance, along with the International Travel Insurance, Extended Warranty Insurance, Guaranteed Pricing Scheme, Transit Accident Insurance and Purchase Protection Insurance that already comes with the card.
International travel insurance cover includes:
- unlimited hospital and medical expenses
- rental vehicle excess up to $3,000
- $2.5m legal liability
- luggage and travel documents ($25k individual / $40k family)
- transit accident insurance
- travel, cancellation, delay and disruption costs
Domestic cover is limited but does include trip delays, cancellations, luggage delays or losses and rental vehicle excess cover.
The HSBC Platinum Qantas Credit Card unlocks numerous other perks – both here and overseas
Your HSBC Platinum Qantas Credit Card provides a number of additional valuable card member benefits both here in Australia and overseas. Card members enjoy:
- The Home&Away Privilege program – access to local and overseas offers, discounts and experiences
- HSBC Instant Savings – a complimentary membership to Frequent Values™ by Entertainment Publications (valued at $89). You can enjoy more than 4,500 exciting offers at participating restaurants, supermarkets, department stores, cinemas, family attractions, hotels and much more across Australia and New Zealand, every time you use your credit card.
- Visa Premium Benefits – your connection to money-can’t-buy experiences, from backstage passes to tickets to gallery openings. It’s a range of special privileges just for you.
- Free Qantas Frequent Flyer membership, if you’re not already a member (a saving of $89.50)
- Up to 55 days interest-free on purchases (when you pay the full balance including any balance transfer, promotional purchases and the 0% p.a. balance transfer offer above, by the due date each month), and
- The ability to make interest free purchases of up to 5 years at over 1,000 participating retail outlets across Australia. (minimum purchases apply).
Eligibility for the HSBC Platinum Qantas credit card
New customers need to apply by 30 June 2018, gain approval and spend $3,000 of eligible purchases within 3 months of account opening to receive the 60,000 points.
The minimum income requirement for the card is a very accessible $40,000. A minimum credit limit offered is $6,000.
Existing HSBC customers transferring from another HSBC credit card to this product are ineligible for this offer. Also excluded are those whom have already held the card in the past 18 months, Premier World Mastercard holders and HSBC staff.