Qantas to issue its own 'premium' Platinum credit card

We could possibly see something like US Airline cards which include lounge access. I could see an annual fee around $500-700 being fair but it would include a Qantas club membership (not just a couple of passes)

Not sure of the value of including QC membership - I would have thought many of the target audience would already be at Gold or higher with QFF - negating the value. 

As Citi runs Diners Club Australia and Diners is like Amex exempt from the new RBA rules and so can command a hefty premium I reckon we will see the "Qantas Diners Club" card.

The make-or-break issue will be the points earn per dollar, and whether it is capped. QF have a chance here to nab a large slice of the market.

Bring it on, Qantas is pushing more info these areas such as with its own-branded health insurance and also travel insurance rumoured to be on the way. Of course they are 'white-label' products but it's a smart move and if Qantas is smart they will really offer some great launch deals and point-per-dollar earning rates.

I'd get it, having nailed my colours to the Roo and One World...

Perhaps QANTAS could offer a discounted annual fee for those who have high status e.g. Gold or above?

"We are the world’s largest card issuer but it’s not just in terms of measuring market share, it’s also the value we bring to customers"  ... well in my personal experience no - charge $200+ annual fee on my Qantas-linked card and cut reward points earn to 0.5 per $1 is not value in my opinion.

Given the imminent departure of the bank issued Amex cards, this is a very interesting prospect.  Might just hold off on jumping to a QF-branded American Express as a replacement for the now useless ANZ QFF Black....

Very annoying - my partner and I both just got cards. I'm hoping this will be justification for the refund of the fees. I'm going to ditch ANZ too - will stick with my 28Degrees and Citibank cards for overseas purchases. I got rid of my bank accounts with ANZ last year, now its time for the credit cards too. And I say this as someone who currently works for ANZ.

Be careful if you pay using a Qantas voucher. Normally these type of offers use the date the voucher was purchased and not the date the flights were booked (many readers would have bought gift vouchers during the 5 points per dollar promotion around Christmas). If you use a voucher from earlier in the year or from 2016 the offer probably won't trigger. My experience is that Qantas will eventually manually credit the bonus status credits, but it involves quite a bit of follow up and haggling. Qantas will also make you wait 6 weeks before they will consider manually crediting the bonus status credits (as per there terms and conditions 'Bonus Status Credits may take up to 6 weeks after completion of your travel to be credited to your Qantas Frequent Flyer account').

Hmmm

 Big change in points earn

Looks like my spend will now revert back to my Amex issued plat charge card. At least they have some spending points bonuses for travel and dining. Might look at a refinance of mortgage with ANZ as well......

Having paid several thousand dollars for my partner and I to become Lifetime Members of QC a few years back when they were available, I will be spewing copious x-rated words that cannot be entered to this website to all and sundry if Qantas start giving away free lounge access with a credit card.

On a separate note, I still have a Diners card (and an ANZ AMEX) but must always carry a Visa Card with me because of the very few places that will accept a Diners card outside of AU and US and the usual exorbitant fees levied on each transaction. 

The timing could suit me quite well. This will put some pressure on the big banks to limit how much they cut points earn.

I hope they do something similar for New Zealand. We desperately need a better card than the Qantas ANZ Visa!

Qantas is only doing what Air NZ did 4 years ago, when Air NZ released its own range of branded Mastercard cards called 'Air New Zealand Airpoints' is association with Kiwibank. The range of cards are Air New Zealand Airpoints low fee Mastercard, Air New Zealand Airpoints Standard Mastercard and Air New Zealand Airpoints Platinum  Mastercard.

The Air New Zealand Airpoints Platinum  Mastercard, offers cardholder's one Airpoints Dollar for every NZ$75.00 of eligible spend and one Status Point for every NZ$200.00 spent, complimentary overseas travel insurance, discounted Koru membership, non expiring Airpoints Dollars as long as you are cardholder and two complimentary single-entry Air New Zealand domestic and international Lounge passes for every NZ$20,000 spent on your card in each year. Annual rate for the card is NZ$150.00 per year.

Also Air NZ signed a 10 year 'Airpoints' marketing agreement with Westpac New Zealand for a range of Westpac Airpoints brand credit cards being Westpac  Airpoints low fee Mastercard, Westpac Airpoints Standard Mastercard, Westpac Airpoints Platinum  Mastercard, Westpac Airpoints World  Mastercard and a Westpac Airpoints debit  Mastercard.

Westpac Airpoints Platinum  Mastercard offers the cardholder one Airpoints Dollar for every NZ$75.00 spent on the card^, one Airpoints Dollar for every NZ$70.00 equivalent spent on the card in all other currencies, one Status Point for every NZ$225.00 spent on the card, join  Air New Zealand Koru Club waived joining fee will be waived, NZ$145 discount off a standard 12-month Individual Koru Membership rate, Airpoints Dollars will never expire as long as you’re a cardholder and up to 35 days of overseas travel insurance. Annual rate for the card is NZ$150.00 per year.

Westpac Airpoints World  Mastercard offers the cardholder one Airpoints Dollar for every NZ$65.00 spent on the card^, one Airpoints Dollar for every NZ$50.00 equivalent spent on the card in all other currencies, one Status Point for every NZ$225.00 spent on the card, join Air New Zealand Koru Club with joining fee will be waived, NZ$145.00 discount off a standard 12-month Individual Koru Membership rate, Airpoints Dollars will never expire as long as you’re a cardholder, up to 120 days of overseas travel insurance and free Priority Pass lounge access to over 900 airport lounges around the world. Annual rate for the card is NZ$390.00 per year.

Also there a Westpac Airpoints Business Mastercard for the small to medium business owners offering the cardholder one Airpoints Dollar for every NZ$75.00 spent on the card^, and one Status Point for every NZ$225.00 spent. Annual fee is free if the business owner has a Westpac Airpoints Platinum card.

I suspect that the new Qantas card would built around either Air New Zealand Airpoints Platinum Mastercard or Westpac AirAirpoints World  Mastercard since Qantas Cashcard is a Mastercard product.

This was all looking promising until I read that it's being issued by Citi. They'd have to be the single worst organisation I've ever dealt with. Especially when it comes to cancelling the card and you have to have the inevitable argument with the retention team. It would have to be a brilliant offer for me to even consider another card with them - absolute minimum 100k points and no annual fee for at least the first year.

it really needs to have a compelling uncapped points earning ratio  to be attractive

Interesting to note that we read about it in media before receiving direct communication from QF. As platinum member I thought they would want to talk to highest value customers first? Coincides with banks all dropping earning rates earlier this week.

i hope the card supports apple pay!

Earning points and enticing entry offers are all well and good but it would be nice if it was possible to travel using points in the class you want and when you want

If it can be used to pay the ATO, that would be a strategic advantage.

With all the major banks reining back their amex point earn i can see this card taking off. boom boom 

So what about New Zealand? We loose out on this opportunity to earn points, etc., like some many other opportunities! For example, we can earn points shoppoing at a supermarket ...

If this card turns out the same way as their Qantas Cash card product, then pass.

Been looking for a replacement for my Velocity branded Amex now that we fly QANTAS at work, and this might be it if they can get the opening offer and ongoings like spend levels and QANTAS CLub membership right.

As a lifetime QC member I would not be happy to see the QC membership further devalued but other than that seems like it could be worth a close look when all is revealed

Suspect as with all new Qantas offerings, once we hear the details we will sadly disappointed and at best, 'meh'. 

Good i will drop my Virgin card now and change because they has just announced a huge drop in reward point for VA flights.