HSBC Qantas card Plus 40,000 Qantas points

[Pug1]

Hi everyone, I saw this recently and checked the website today, not sure if it has been mentioned before. The annual fee is $199 and the link to the HSBC site is "http://www.hsbc.com.au/1/2/creditcards".

• Enjoy 40,000 bonus Qantas Points¹ (available to new customers who apply by 30 April 2016 and spend $1,500 on eligible purchases within 3 months)
• Take advantage of 0% p.a. Balance Transfer promotion for 6 months² from non HSBC credit cards (reverts to the variable cash advance rate).
• Earn 1 Qantas Point³ per $1 spent up to $2,500 per statement period on eligible purchases made in Australia and overseas. Every $1 spent thereafter will earn 0.5 Qantas Points³.
• Benefit from complimentary[SUP]4[/SUP] International Travel Insurance, Extended Warranty Insurance, Guaranteed Pricing Scheme, Transit Accident Insurance and Purchase Protection Insurance. Eligibility criteria and conditions apply. Eligibility criteria and conditions apply.
• Enjoy access to special offers with HSBC's home&Away program[SUP]5[/SUP].

Offer available to new customers who apply by 30 April 2016. Other fees and charges apply.

Get started Key Facts Sheet
Who can apply

• Over the age of 18
• Earn at least $40,000 p.a.
• Have a good credit rating

Information needed

• Identification
• Address details
• Income and employment

What to expect

• Apply securely online in 10 minutes
• Get an instant response in 60 seconds
• Upload extra documentation

 

[Buzzard]

Already an HSBC customer so can't apply.

IMHO the card is only good for the sign up bonus as $2.5k a month is pretty low.

 

[Dr Ralph]

This offer has been around for quite some time.

Quite a poor offering when you can get the Jetstar card for $69 with 40,000 QFF points.

 

[Demonoid]

There is also a Macquarie deal going around for 40,000 QFF points for a reduced $99 annual fee in the first year - and free supplementary card holders too.

 

[mviy]

How long does HSBC usually take to provide the points after the qualifying spend has been made?

 

[Madz]

This has now jumped up to 60000 Qantas Points but with a $3000 spend in 3 months. Has anyone got this card? Thinking of switching from ANZ Black. See link below for more details on the new promo.

Platinum Qantas Credit Card Offers and Deals | HSBC Australia

 

[shadowground]

How long does HSBC usually take to provide the points after the qualifying spend has been made?

I applied for this earlier this year, and satisfied the spend criteria about 5 weeks into receiving the card. HSBC only credited the bonus points at the end of the 3 month qualification period.

 

[mviy]

Thinking of switching from ANZ Black.

You have to wait 12 months after cancelling ANZ Black before you can reapply for it and get the 75,000 points again. So a lot of us will cancel the ANZ Black not long after getting the 75,000 points. So whichever card you go with next it's probably best to cancel the ANZ Black ASAP if the signup bonus has already hit your account.