Flight value
$346 after fees
43,500 Qantas points, estimated value · 40,000 Qantas points · spend $7,000 in 90 days
Available
I'd like to use my bonus for:
to in (0 points)
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43,500 Qantas points at 1.6¢ − $350 first-year fees. Flight value is an estimate, not cash. Assumes you earn the bonus and pay in full.
These terms are currently available (site published 12 Oct 2026).
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.
- Gift-card rates are the recorded redemption catalogue, rechecked at renewal.
Did this help you make a decision?
Can I get this?
This is a public offer.
Can I get this bonus if I have held a card before?
The bonus holding rule for this offer is unverified. Check the offer terms before applying. No fixed waiting period. MyCard's terms say the bonus is "only available when you apply for a new" card and "not available when closing or transferring from another MyCard branded credit card account." Whether closing one MyCard and immediately applying for another qualifies isn't spelled out — confirm with MyCard.
See exclusion periods for every Australian issuer →What must I spend?
$7,000 within 90 days — about $2,333 per month. The terms on this page don't record when the clock starts or how long the bonus takes to arrive after you qualify — check the issuer terms for both.
Can I get the card?
$10,000 minimum credit limit — a lending commitment, not a reward fact.
No minimum income recorded — this does not mean there is none.
Lending approval is separate from bonus eligibility: approval gets you the card, the conditions above get you the bonus.
How long is this available?
No recorded end date — this does not mean it never ends. Availability is rechecked against the issuer page.
What else makes the card useful?
Reward use
Ways to turn points into value.
- Points Transfer Benefits Compare across cards →Earn 0.5 Qantas Points per $1 on eligible international and domestic transactions, capped at $7,000 spend per Statement Period. Must be a Qantas Frequent Flyer member.
Check membership, transfer ratios, minimums, and fees before choosing gift cards or flights.
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Earn 0.5 Qantas Points per $1 on eligible international and domestic transactions, capped at $7,000 spend per Statement Period. Must be a Qantas Frequent Flyer member.
No source recorded for this benefit.
Purchase protection
Cover on things you buy with the card. Limits, excesses, and activation conditions apply.
- Purchase Protection Insurance Compare across cards →Eligible items bought on the card covered against theft, accidental damage or permanent loss for 90 days; up to $200,000 per card account per 12 months ($5,000 limit for jewellery, watches and new works of art).
Check the cover period, the card-payment condition, claim limits, and excess.
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Eligible items bought on the card covered against theft, accidental damage or permanent loss for 90 days; up to $200,000 per card account per 12 months ($5,000 limit for jewellery, watches and new works of art).
- Extended Warranty Insurance Compare across cards →Extends the manufacturer's Australian warranty by an equal period up to a maximum of 1 year on eligible purchases charged to the card; up to $10,000 per item, $40,000 per card account per 12 months. No cover if manufacturer's warranty exceeds 5 years.
Check how much extra cover it adds, which warranty lengths qualify, limits, and excess.
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Extends the manufacturer's Australian warranty by an equal period up to a maximum of 1 year on eligible purchases charged to the card; up to $10,000 per item, $40,000 per card account per 12 months. No cover if manufacturer's warranty exceeds 5 years.
- Mobile Phone Insurance Compare across cards →Covers accidental damage or theft of a postpaid mobile phone when the preceding month's postpaid bill is paid in full with the card; up to $1,000 per occurrence, $1,650 annual aggregate, $50 excess.
Check the payment condition, limits, and excess.
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Covers accidental damage or theft of a postpaid mobile phone when the preceding month's postpaid bill is paid in full with the card; up to $1,000 per occurrence, $1,650 annual aggregate, $50 excess.
Travel
Travel cover and perks. Most need qualifying bookings or payment with the card.
- Lounge Access Compare across cards →2 visits/year · Priority Pass
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Complimentary digital Priority Pass Standard Membership with 2 complimentary lounge visits per 12-month membership year for the primary cardholder; must enrol at prioritypass.com/premieraumc to activate. Additional and guest visits charged at standard rates.
No source recorded for this benefit.Learn more - Hotel Benefits Compare across cards →Up to 15% off Limited Time LUX Exclusive Luxury Escapes hotels (10% domestic, 15% international) and 10% off international tours, max discount $250 per transaction; plus 10% off selected Expedia and Wotif hotels.
Check qualifying bookings and availability.
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Up to 15% off Limited Time LUX Exclusive Luxury Escapes hotels (10% domestic, 15% international) and 10% off international tours, max discount $250 per transaction; plus 10% off selected Expedia and Wotif hotels.
No source recorded for this benefit.Learn more - Travel Insurance Compare across cards →Up to $20,000,000 cover · trips up to 180 days
Check the cover period, the activation condition, and who counts as an insured person.
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Complimentary international travel insurance for trips up to 6 months (up to $20 million overseas emergency medical/assistance) plus domestic travel insurance for trips up to 28 days, when minimum prepaid travel costs are charged to the card account.
- Rental Vehicle Insurance Compare across cards →Rental vehicle excess insurance in Australia covering damage or theft up to $10,000 per rental period when the full rental cost is charged to the card account; $100 excess.
Check overseas rental excess separately from Australian cover, plus limits and activation for each.
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Rental vehicle excess insurance in Australia covering damage or theft up to $10,000 per rental period when the full rental cost is charged to the card account; $100 excess.
Account management
Tools for running the account — repayment helpers, not reward value.
- Concierge Service Compare across cards →Complimentary personal concierge service for the primary cardholder, provided by Mastercard Travel & Lifestyle Services (Ten Lifestyle Management).
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Complimentary personal concierge service for the primary cardholder, provided by Mastercard Travel & Lifestyle Services (Ten Lifestyle Management).
No source recorded for this benefit. - Balance Transfer Offers Compare across cards →0% p.a. for 12 months on balance transfers requested at application; 3% balance transfer fee applies; reverts to cash advance rate (22.99% p.a.) after the promotional period. Total transfers may not exceed 80% of credit limit.
Check the rate, period, revert rate, and fees.
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0% p.a. for 12 months on balance transfers requested at application; 3% balance transfer fee applies; reverts to cash advance rate (22.99% p.a.) after the promotional period. Total transfers may not exceed 80% of credit limit.
No source recorded for this benefit. - Installment Plans Compare across cards →Pay off eligible purchases over a set term via a MyCard Instalment Plan, using part of the existing credit limit, subject to eligibility.
Check applicable charges and eligibility — a repayment plan, not reward value.
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Pay off eligible purchases over a set term via a MyCard Instalment Plan, using part of the existing credit limit, subject to eligibility.
No source recorded for this benefit. - Interest Free Periods Compare across cards →Up to 44 interest-free days on retail purchases.
Interest-free terms change often — confirm the current days with the issuer before applying. This recorded term may be out of date.
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Up to 44 interest-free days on retail purchases.
No source recorded for this benefit. - No Additional Cardholder Fee Compare across cards →No additional cardholder fee ($0); up to 4 existing additional cardholders permitted per account.
Check account liability and age or redemption restrictions.
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No additional cardholder fee ($0); up to 4 existing additional cardholders permitted per account.
No source recorded for this benefit.
Should I keep it after the first year?
Renewal costs $350 each year ($350 annual fee) — first year was $350.
Second year pays 40,000 Qantas points if you still hold the card into year two. The recorded terms don't detail the exact second spend hurdle — check the issuer terms before counting on it.
Ongoing earn: 0.50x Qantas points per $1.
Keeping pays off only if you meet the second-year conditions and use the points and benefits enough to cover $350/yr.
Year-two points aren't dollar-valued here: the redemption catalogue may change before renewal, so recheck the rate then.
Ordinary earn: 0.5 Qantas Points per $1 on eligible international and domestic transactions, capped at $7,000 spend per Statement Period.
Terms and evidence
Full current terms
Offer terms
First Year Points
40,000 points
Qantas
Second Year Points
40,000 points
With $350 annual fee
Minimum Spend
$7,000
within 90 days (about 3 months)
Ongoing Earn Rate
0.50x points per $1 spent
Fees
First Year Annual Fee
$350
Ongoing Annual Fee
$350
From year 2 onwards
Purchase Interest Rate
22.49% p.a.
The value above assumes you pay in full and never pay this. Any interest changes the outcome.
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.
Benefit history (11 changes)
- Points Transfer BenefitsUpdated Oct 2026
- Lounge AccessUpdated May 2026
Was 2 visits/year · Priority Pass (1,700 lounges worldwide) → now 2 visits/year · Priority Pass.
- Installment PlansUpdated May 2026
- Interest Free PeriodsUpdated May 2026
- Balance Transfer OffersUpdated May 2026
- Concierge ServiceUpdated May 2026
- No Additional Cardholder FeeUpdated May 2026
- Extended Warranty InsuranceUpdated May 2026
- Purchase Protection InsuranceUpdated May 2026
- Mobile Phone InsuranceUpdated May 2026
- Travel InsuranceUpdated May 2026
Now Up to $20,000,000 cover · trips up to 180 days.
Offer terms history
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
Published 12 Oct 2026
Changes from terms version 4
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 the current terms (published 12 Oct 2026).
Community and personal tools
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