This page is my best effort to summarise the card's terms from the information I found. Read the bank's terms for full details, or contact the bank if you have questions.
I'd like to use my bonus for:
Can I get this?
This offer is advertised to the public. Bonus conditions and the bank’s approval requirements still apply.
Can I get this bonus if I have held a card before?
I have not checked the waiting period for this bonus.
See the waiting rules for every Australian bank →What must I spend?
$5,000 within 90 days — about $1,667 per month.
Can I get the card?
The minimum credit limit is $15,000. This is the least the bank may let you borrow.
I do not have a minimum income for this card.
Meeting the bonus rules does not mean the bank will approve your application. The bank must assess and approve the card separately.
How long is this available?
I do not have an end date for this offer.
What do the points buy?
It depends where you fly. From Sydney, 95,000 Qantas points buys:
| Trip | Points for 1 return trip | You can book |
|---|---|---|
| Sydney → Melbourne, Economy | 18,400 | 5 return trips |
| Sydney → Bali, Economy | 46,600 | 2 return trips |
| Sydney → Singapore, Economy | 58,000 | 1 return trip, plus 1 one-way trip |
| Sydney → London, Business | 332,600 | Not yet — 28% of a return trip |
Prices are Qantas Classic Flight Rewards for 1 person, if a reward seat is free. Airport taxes and fees are extra cash on top. Pick your own start city and trip below.
Sydney to London in Business (166,300 points)
Tap the trip above to pick your start city, where you want to go, and a seat class.
57% of one way trip
Sydney to London (Business): One way flight is 166,300 Qantas points.
With 95,000 points = 0 return trip with 95,000 points remaining.
If you spend another $71,300 on the card, you can add another one way trip, zeroing out your point balance for this card.
This card has a second year bonus of 40,000 and an annual fee of $420.
Should I keep it after the first year?
Keeping the card costs $420 each year ($420 annual fee) — the first year was $420.
The year-two bonus is 40,000 Qantas points.
Ongoing earn: 1.00x Qantas points per $1.
Keeping pays off only if you meet the second-year conditions and use the points and benefits enough to cover $420/yr.
95,000 Qantas points at 1.6¢ a point − $420 in first-year fees. This is flight value, not cash. It assumes you earn the bonus and pay in full.
This offer has ended. I keep this page so you can check the old terms.
What this calculation assumes
- You make the required purchases and the bonus is paid.
- You pay the balance in full — any interest changes the outcome.
- The required spend is ordinary planned spending, not extra cost.
- You close the card before the next annual fee, or you decide keeping it is worth that fee.
Did this help you make a decision?
Terms and evidence
Full current terms
Offer terms
First Year Points
90,000 points
Qantas
Second Year Points
40,000 points
With $420 annual fee
Minimum Spend
$5,000
within 90 days (about 3 months)
Ongoing Earn Rate
1.00x points per $1 spent
Fees
First Year Annual Fee
$420
Ongoing Annual Fee
$420
From year 2 onwards
Purchase Interest Rate
20.99% p.a.
The value above assumes you pay in full and never pay this. Any interest changes the outcome.
Benefit history (5 changes)
- Travel InsuranceUpdated May 2026
- Purchase Protection InsuranceUpdated May 2026
- Extended Warranty InsuranceUpdated May 2026
- No Additional Cardholder FeeUpdated May 2026
- Concierge ServiceUpdated May 2026
Offer terms history (12 versions — old terms, for checking)
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
Published 11 Oct 2026
Changes from terms version 11
Changes from terms version 10
Changes from terms version 9
No recorded term changes from the previous version.
Changes from terms version 7
No recorded term changes from the previous version.
Changes from terms version 5
No recorded term changes from the previous version.
Changes from terms version 3
Changes from terms version 2
Changes from terms version 1
First recorded terms
Captures behind the selected terms record — evidence for these terms, not a complete history of the named offer.
Discussion
About these ended terms (published 23 Sep 2025) — not the current offer.
Community and personal tools
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