St George have amended the way the 90k points are given to you. Before the latest update it was 90k points over 2 years, meaning you had to pay 2x annual fees. Now it has changed to one lump sum of 90k after you meet the criteria. I called and have confirmed with their management it is how I have just explained. The previous points scheme stopped a lot of people from signing up to this card so lets hope this helps a few people out, I signed up last night and have been approved already. So good chance if you have a large purchase coming up shortly you can get this card in time.
There are two point systems for the card, Qantas and their own point system. Qantas being the better value in terms of signup bonus, if you look at the points being worth at least 1c each. With the Qantas flavour you get obviously Qantas points and 2x Qantas lounge passes, with the other you get 2x Priority Pass passes
General Info
- 90k Qantas points for $5k spend over 90 days (Reward Points)
- 2 Qantas Lounge passes (Priority Pass)
- $279 annual fee
- .75 QFF per $ on general spend (1.5 reward points)
- $75k income requirement
- $15k min limit
With some calcs done @ $279 fee, you can be up $721 if selling points at 1c and lounge passes at $50 each. Or if just looking for points and selling the passes you end up paying .305c per point. All this is excluding the $5k spend, just looking at annual fee, lounge passes and points.
Be sure to read through all the T&Cs before applying
Also available from
excellent! It also includes rental excess insurance.
Op: can I make a suggestion
Change
to