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Mastercard (Qantas Points)

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Basic

Electronic Wallet Service

Important Rates

Rates

Balance Transfer

Overseas spending

Rewards

Eligibility

Earn Rates

RateCard TypeEarnsCondition
0.5 points for $1 spentMastercardUp to $25,000 annuallyeligible purchases

Features

The Jetstar Mastercard is a credit card with moderate interest rates and a moderate interest-free period. The card charges a low annual fee in the first year, but this charge increases to a moderate annual fee in the years after. The card has a high credit limit, but also a high late payment fee.

The Jetstar Mastercard comes with a rewards scheme that helps card holders earn Qantas Points. The card earns at a rate of 0.5 Qantas Points per $1 spent on eligible purchases. These points are deposited into the card holder’s Qantas Frequent Flyer account and can be redeemed for a variety of benefits within the Qantas Frequent Flyer program.

This card has an introductory balance transfer offer that allows card holders 14 months’ interest-free from the date of card approval.

The Jetstar Mastercard is issued by Macquarie Bank.

Pros
  • 0% balance transfer offer
  • Earns Qantas Points
  • Discount on Jetstar food and drinks
Cons
  • Charges an annual fee
  • No complimentary insurance
  • No free additional cardholders

Who is it good for?

The Jetstar Mastercard might suit those who spend regularly on their card, as well as some budget card holders. Those who want to transfer existing debt can take advantage of the card’s balance transfer offer, which provides card holders with 14 months’ interest-free from the date of card approval. After this offer has expired, card holders will be charged the card’s moderate interest rates.

This card is also suited to potential card holders that are current Qantas frequent flyers or those who want to earn Qantas Points for their spending. The card earns 0.5 Qantas Points per $1 spent on eligible purchases.

Although the Jetstar Mastercard offers several travel benefits, it is not necessarily a suitable card for overseas use. The card charges an international transaction fee that applies to purchases made in foreign currency or for purchases made from foreign vendors. 

What RateCity says

The Jetstar Mastercard might be a suitable choice for current Jetstar and Qantas customers who want a travel rewards program without a hefty annual fee. The annual fee is discounted in the first year, with a moderate annual fee ongoing.

However, the card offers little to those who do not prioritise travel benefits or those who do not travel frequently. The card earns Qantas Points that can be redeemed for a range of rewards like flight upgrades, accommodation discounts and merchandise. Those who wish to earn rewards but are not current Qantas customers may be better off with a rewards program that better suits their needs.

This card is not well suited to those in search of a no-fee card. This card charges an annual fee, which is discounted but not waived in the first year, as well as a high late payment fee.

Applying/eligibility

To be eligible for the Jetstar Mastercard, you must be at least 18 years old and be an Australian citizen or permanent resident. You must have an Australian mailing address and earn a minimum taxable income of $30,000 per year. Customers can apply online through a secure application portal. Within this online application, you’ll need to provide personal details such as mailing address and photo ID. You’ll also need to submit financial details, including annual salary and monthly expenses.

About Jetstar

Jetstar Airways, more commonly known as Jetstar, is an Australian low-cost airline and a subsidiary of Qantas. Together with Card Services, a division of Macquarie Bank, Jetstar provides credit cards to Australian consumers, including the Jetstar Mastercard and the Jetstar Platinum Mastercard. Jetstar credit cards typically provide card holders with Qantas and Jetstar rewards, sometimes in the form of points. Customers can contact Jetstar customer service by phone 24 hours per day, seven days per week.

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