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HSBC Platinum Qantas Credit Card - 60,000 Qantas Points with $3000 Spend ($199 Annual Fee)

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Not the best deal for those on the points chase train however, HSBC has pushed up the points earned as a bonus to 60,000 Qantas Points with the HSBC Platinum Qantas Credit Card along with included travel and purchase insurances. There's a $199 annual fee and 1 Qantas Point earned per $ spent, which is high for a VISA, up to 2,500 points per month, 0.5 points per $ spent thereafter.

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  • 2500 points cap per month is very low, however few Visa cards offer 1 point per dollar these days, so not a bad option if you only use it where AMEX is not accepted.

    • qudosbank (qantas credit union)
      1 to $1 and no points cap
      However no joining incentive

      • Annual fee of $195

        i am thinking HSBC one is better, as you are getting 60000 points as well

  • Anyone had experience with HSBC waiving annual fees?

    • +1

      Not very responsive if you ring to cancel before you pay the fee, but I had success when I rang to cancel after the fee was paid, complained of excessive annual fee and they waived it, the last 2 years have been fee free. The card was better before May last year when they stopped QFF points for ATO payments…now it is my main card for 1:1 Visa purchases

  • where did all of the comments on here go? There were more, and I think they were about health insurance…

  • How long will it take before the 60k FFP hit my account?

    • +1

      I signed up when it was the 40 k deal, and I think the points posted around 3.5 months in.

      • Thanks, so I better wait before cancelling the card.

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