Important disclosure

HSBC Bank Australia Limited

HSBC Premier World Mastercard (Qantas Rewards)

  • Apple & Google Pay
  • Balance transfer
  • No annual fee
  • Instant approval
Purchase Rate

19.99%

p.a

Balance Transfer Rate

21.99%

p.a

Tags
  • Apple & Google Pay
  • Balance transfer
  • No annual fee
  • Instant approval
Purchase Rate

19.99%

p.a

Balance Transfer Rate

21.99%

p.a

Annual Fee

$0

Pros and cons

For Premier World Mastercard (Qantas Rewards)

Benefits

  • Rewards Available through Qantas Frequent Flyer
  • No Annual Fee
  • Domestic travel insurance
  • International travel insurance
  • Free supplementary cards
  • Price guarantee
  • Extended warranty
  • Rental car excess insurance
  • Partner discounts
  • Purchase protection insurance

Drawbacks

  • Higher than average ongoing variable purchase rate

HSBC Rate Credit card overview

For Premier World Mastercard (Qantas Rewards)

Details

Card Level

Premium

Card Type

MasterCard

Interest Free Days

55

Minimum monthly repayment

3% or $20

Minimum credit limit

$10k

Maximum credit limit

No set max

Free supplementary cards

Instant Approval

Target Market Determination

Visit HSBC Bank Australia Limited to view Target Market Determination.

Fees

Annual Fee

$0

Annual Fee Spend Waiver

Supplementary card annual fee

$0

Late Payment Fee

$30

Over limit fee

$30

Duplicate statement fee

$8

Electronic Wallet Service

Important Rates

Rates

Purchase Rate

19.99%

p.a

Cash advance rate

21.99%

Cash advance fee

3% or $4

Balance Transfer

Balance Transfer Rate

21.99%

p.a

Transfer Limit

95%

of the approved credit limit

Balance Transfer Fee

Overseas spending

Foreign Exchange Fee

3% on Mastercard

Overseas charges

$4

Estimated ATM Cost

$13

for AU $300 withdrawal

Rewards

Program name

Qantas Frequent Flyer

Rewards Available

Gift Card, Domestic Flights, International Flights, Flight Upgrades, Qantas Shop, Qantas Hotels

Eligibility

Minimum age

18

Minimum income

$40k

Eligibility conditions

-

Residency

Australia Citizen, Permanent Resident

Perks

  • DOMESTIC TRAVEL INSURANCE
  • INTERNATIONAL TRAVEL INSURANCE Cover lasts for 120 days per year
  • FREE SUPPLEMENTARY CARDS
  • PRICE GUARANTEE If you purchase personal goods in Australia and then find the same product advertised later at a cheaper price, you can claim back the difference if it is more than $75.
  • EXTENDED WARRANTY There is a $200 excess for each claim
  • RENTAL CAR EXCESS INSURANCE
  • PARTNER DISCOUNTS
  • PURCHASE PROTECTION INSURANCE Covers with a $100 excess

Promoted credit cards

Promoted

Lower Purchase Rate

Premier World Mastercard (Rewards Plus)

  • Apple & Google Pay
  • Balance transfer
  • No annual fee
  • Instant approval
Purchase Rate

19.99%

p.a

Annual Fee

$0