Image of MyCard Prestige Qantas credit card

MyCard Prestige Qantas

$749 first year annual fee
125,000 points
$20,000 min limit
0.50 points per dollar
Spend $10,000 in 90 days

Offer Details

Premium

Signup Bonus

125,000 points

Qantas

Minimum Spend

$10,000

within 3 months

Cash Bonus

$100Cashback

Ongoing Earn Rate

0.50x points per $1 spent

Fees

First Year Annual Fee

$749

Ongoing Annual Fee

$749

From year 2 onwards

Note: Additional fees may apply for cash advances, foreign transactions, overlimits, and late payments. Check the issuer's terms and conditions for complete fee details.

Benefits

  • Ride-sharing Benefits
    More details

    Uber Premier $100 cashback: spend $100 or more in one transaction on Uber Premier (or other available ride options) via the Uber app and receive $100 cashback. Capped at one redemption per calendar year. Cashback credited within 8 weeks. Only available for travel within Australia. Excludes Uber Eats, Uber Pass, and Uber Gift Cards.

  • Shopping Benefits
    More details

    Up to 15% off eligible Luxury Escapes hotels (10% domestic Limited Time LUX Exclusive hotels, 15% international Limited Time LUX Exclusive hotels, 10% international tours). Maximum discount $500 for hotels, $250 for tours per transaction. Valid until 1 March 2027. Also 10% off selected Expedia and Wotif prepaid hotel bookings until 31 January 2027.

  • Lounge Access
    15 visits/year · Priority Pass
    More details

    Complimentary Priority Pass membership with 15 lounge visit entitlements per 12-month period, shared between the primary cardholder and accompanying guests (one entitlement per person per visit); primary cardholder must enrol at prioritypass.com/prestigeaumc to activate

  • Concierge Service
    More details

    Complimentary personal concierge service for the primary cardholder, provided by Mastercard Travel & Lifestyle Services

  • Flight Discounts
    More details

    Earn Qantas Points on eligible spend (1.5 points per $1 on eligible international and select domestic spend, down to 0.5 points per $1 elsewhere) redeemable on Qantas flights, hotels and more

  • Hotel Benefits
    More details

    4th Night on Us with Luxury Escapes: book four consecutive nights and receive a credit for one night (up to $1,000 per booking), capped at four redemptions per calendar year; promo code PRESTIGE4N at checkout. Plus up to 15% off Limited Time LUX Exclusive Luxury Escapes hotels and 10% off selected Expedia and Wotif hotels

  • Status Credits
    More details

    Earn Qantas Points on eligible transactions; cardholder must be a Qantas Frequent Flyer member, complimentary Qantas Frequent Flyer membership available with MyCard branded cards

  • Points Transfer Benefits
    More details

    Qantas Points earned on the card are credited directly to the cardholder's Qantas Frequent Flyer account (up to 28 business days after each statement period)

  • Installment Plans
    More details

    MyCard Instalment Plan lets eligible retail purchases be paid off at a set interest rate over a set term, using part of the existing credit limit

  • Balance Transfer Offers
    More details

    0% p.a. for 6 months on balance transfers requested at card application; reverts to the cash advance rate (currently 22.99% p.a.) after the promotional period; total balance transfers may not exceed 80% of the credit limit

  • Interest Free Periods
    More details

    Up to 44 interest-free days on retail purchases

  • No Additional Cardholder Fee
    More details

    No additional cardholder fee ($0); up to 4 additional cardholders allowed (no new additional cardholders accepted at this time)

  • Travel Insurance
    Up to $20,000,000 cover · trips up to 180 days
    More details

    Complimentary international travel insurance for trips up to 6 months (overseas emergency medical and assistance cover up to $20 million) and domestic travel insurance up to 28 days, when eligibility is met by charging at least $500 (international) or $250 (domestic) of prepaid travel costs to the card; cardholders aged under 81

  • Purchase Protection Insurance
    More details

    Covers eligible items acquired for personal, domestic or household use against loss, theft or damage; available to MyCard Prestige (Level 1) cardholders

  • Extended Warranty Insurance
    More details

    Extends the manufacturer's Australian warranty on eligible purchases; available to MyCard Prestige (Level 1) cardholders

  • Rental Vehicle Insurance
    More details

    Rental Vehicle Excess Insurance in Australia covers rental vehicle damage or theft excess up to $10,000 per cardholder or spouse (plus up to $750 to return the vehicle), $600 excess; available to Level 1 cardholders

  • Mobile Phone Insurance
    More details

    Covers accidental damage or theft of the mobile phone when the monthly postpaid plan bill is paid in full with the card; up to $1,000 per occurrence, $1,650 annual aggregate, $50 excess

Benefit history

  • CashbackRemoved May 2026
  • Lounge AccessUpdated May 2026
  • Installment PlansUpdated May 2026
  • Interest Free PeriodsUpdated May 2026
  • Balance Transfer OffersUpdated May 2026
  • No Additional Cardholder FeeUpdated May 2026
  • Concierge ServiceUpdated May 2026
  • Mobile Phone InsuranceUpdated May 2026
  • Rental Vehicle InsuranceUpdated May 2026
  • Extended Warranty InsuranceUpdated May 2026
  • Purchase Protection InsuranceUpdated May 2026
  • Travel InsuranceUpdated May 2026
  • Hotel BenefitsUpdated May 2026

I'd like to use my bonus for:

CraigCraig's Analysis
+125,000sign-up bonus
+5,000from $10,000 spend
=130,000Qantas points
×1.6¢per point
=$2,080point value
+$100cashback
$749first-year fees
=$1,431est. first-year value

Bonus Difficulty

Hard

●●●

$111 per day required

First Year Cost

$749

annual fee

Estimated Bonus Value

$2000

Based on 1.6¢ per Qantas point

Earn Rate

Average

●●○○

0.50x Qantas points per $1

Travel Benefits

Lounge Access

One complimentary digital Priority Pass membership with 15 complimentary airport lounge visits per 12-month period (entitlements shared between primary cardholder and guests)

Did this help you make a decision?

$-24 of profit after meeting spend requirements
+ $625 Woolworths gift cards
+ $100 cashback extra bonus
- $749
annual fee

$250
x 2
$100
x 1
$25
x 1
in Woolworths gift cards, $625 total, with 550 points remaining.

Can I get this bonus if I've had a card from MyCard before?

MyCard has no exclusion period, so a previous MyCard card won't stop you earning this bonus.

See exclusion periods for every Australian issuer →
Craig

Something out of date? Let me know on Instagram, Facebook, or email and I'll fix it ASAP.

— Craig