How do you earn Qantas Points with a Platinum credit card?
This will differ from card issuer to card issuer. Many Platinum cards also offer bonus points on sign up, although you’ll usually need to meet a spend requirement to access them.
Is balance transfer available with a Platinum credit card?
Some Platinum credit cards come with 0% balance transfer promotional offers when you meet a spend requirement. Check with the card issuer.
Are there changes on overseas transactions?
There are several Platinum credit cards that offer no foreign transaction fee. If you use your card for purchases overseas or regularly shop with foreign online merchants, a platinum card with 0% currency conversion fees could help cut costs.
Is there an interest-free period with a Platinum credit card?
Some platinum credit cards may come with promotional interest-free purchase rates. As such,platinum cards may be best suited to cardholders who regularly pay their balances in full and avoid interest. Plus, if you pay your balance in full, you’ll most likely be able to take advantage of interest-free days.
How is interest calculated on a Platinum credit card?
This would depend on the card issuer. However, the basic calculation is: Transaction amount x daily percentage rate x number of days.
What is the minimum monthly payment?
The minimum amount you have to pay by the payment due date will be shown on your credit card statement. You can choose to pay the minimum payment - or pay more. If you choose to only make the minimum monthly payment, keep in mind that you will pay more interest and it will take you longer to pay off your balance. You would need to look at the individual card holders to determine the percentage charged.
Is Qantas Lounge access available with a Platinum credit card?
Some platinum credit cards offer Qantas Lounge Invitations, you will have to refer to the individual card issuers to find out more.
What is the limit of a Platinum credit card?
Your available credit limit would depend on your card issuer and your circumstances. Compare Platinum credit cards that can earn you Qantas Points here.