Hi fellow Ozbargainers!
Long time bargainer, first time poster. I've checked for duplicate deals and only found an expired one.
The Deal
- Get a Macquarie Black or Platinum card with 40,000 Bonus QANTAS Points (yes, both cards give you 40,000 bonus points)
- Reduced first year annual fee of $99 for both cards (reduced from $299/$249 respectively)
- Earn 1 QANTAS Point per $1 for the first $4,000 / $2,500 spent per statement period, 0.5 points per $1 thereafter
- 1 additional QANTAS Point earned per $1 when purchasing QANTAS products (flights etc)
- 14 Months interest free on balance transfers (both cards)
If QANTAS Points aren't your thing, you can get the Macquarie Black Card with Macquarie Rewards. Same benefits and costs, except instead of 40,000 QANTAS Points you get 60,000 Macquarie Points.
The Requirements
- At least 18 years old
- Minimum taxable income of $70,000 (Black card) / 50,000 (Platinum Card)
- Good credit rating
- Australian Citizen/Permanent Resident
- To obtain 40K bonus points, minimum spend in first 60 days following approval is $3,000 / $2,000
If it wasn't obvious, bold text relates to the Black card and italicised text relates to the Platinum card. Normal text applies to both cards.
Why get the Black over the Platinum?
- More earning potential
- Overseas airport lounge access - 750 lounges, independent of airline or travel class (unclear what lounges are included)
- Airport fast track and meet and greet at over 400 airports around the world
- 20% discount off Concierge Service limousine travel up to $100 discount per year
- The ability to say, "I have a black card"
I would encourage anyone to do their own research to make sure the deal is suitable for you!
All of the inclusions and terms are here:
* Black Card
* Platinum Card
I would say this is NOT the best credit card deal going around. If you want a better deal I suggest you check out the ANZ deal: https://www.ozbargain.com.au/node/236581. Other deals of course include the recent Citibank deal: https://www.ozbargain.com.au/node/251002
My sincere apologies if I have submitted this deal incorrectly or not in an appropriate way.
Good looking first post!
hahaha