Qantas Premier Titanium card

[woodborer]

Three pages of discussion on this in less than 18 hours. But how many of you will be taking up this offer????

Not this little black duck

 

[benjy]

I don't earn $200k per year so counts me out

 

[Pushka]

You would irradiate the the sales staff with the cards status.....

If the card was made from these elements, it certainly would be worth the money!

Imagine the excitement at airport security though!

 

[Mattg]

Three pages of discussion on this in less than 18 hours. But how many of you will be taking up this offer????

I suspect none.

It seems to me like Qantas wants this card to be a status symbol. But if I ever meet someone that has it, I’m not going to be impressed. Quite the contrary - I’ll probably think they’re an idiot.

 

[Cruiser Elite]

But if I ever meet someone that has it, I’m not going to be impressed. Quite the contrary - I’ll probably think they’re an idiot.

WOW - one of the more interesting statements I have ever read on AFF

 

[Mr_Orange]

Three pages of discussion on this in less than 18 hours. But how many of you will be taking up this offer????

Ermmm, let me think for a ....., no!!!

 

[Mr_Orange]

I suspect none.

It seems to me like Qantas wants this card to be a status symbol. But if I ever meet someone that has it, I’m not going to be impressed. Quite the contrary - I’ll probably think they’re an idiot.

Or at least ignorant of the far superior options.

 

[kookaburra75]

Three pages of discussion on this in less than 18 hours. But how many of you will be taking up this offer????

As a small business owner, I could make the conditions but there's nothing in the rewards to make it worthwhile. I hit WP each year in Y (Dom & Intl), so the discounts on J or F aren't applicable. I'm better off with my combination of Qantas Premier MC and AMEX Qantas Platinum, getting the same level of points, 4 lounge passes per year to give to MrsK when she's not travelling with me, and the travel credit with AMEX.
It's a big miss from me.

 

[auflier]

qantas financial employes a wrong bunch...
unattractive peach

 

[hossein_au]

...But if I ever meet someone that has it, I’m not going to be impressed. Quite the contrary - I’ll probably think they’re an idiot.

Good thing I didn't apply

 

[rock86]

Wonder how long it will be until they bring out the 'reduced fee offer'....

 

[daft009]

I pity the person who spent 30 mil and only has ~30mil QFF to show for it

Not an attractive card for the long term unlike the charge

 

[SOPOOR]

It appears Qantas sees dollar signs and want a piece of the action. Unfortunately for them this card is not even close to being desirable for their target market. Premium customers will expect a far better deal.

but do people on $200k+ care that much about benefits and increased rates,

im sure some do, but im sure some just get it because its sexy and shiny and they might think the benefits are there

 

[rock86]

150K pts for $1,200 = $0.008/pt - is that correct?

One Way F rdpt MEL-LAX is 144 QF pts - correct?

• 144K x $0.008 = $1,152 + Fuel Fines ~$475 - correct?

So one way QF F MEL-LAX would cost me $1,627 - give or take - correct? Or am I am I missing something?

Jeez you dudes are right - no value here!!!

If we're going to quote value out of the bonus then you're better off getting the ANZ Black with 120K pts for $275 = $0.0023/pt

 

[Saltywings]

If we're going to quote value out of the bonus then you're better off getting the ANZ Black with 120K pts for $275 = $0.0023/pt

Not to mention a sensible AFFer would only ever consider the Titanium after they have exhausted all other superior point-sweeping options which, given the height of the bar this card has set, are plentiful.

When the average AFF regular (I suspect) has a surplus of points than they know what to do with, the maths may work out but the attractiveness and economic need sure doesn't.

*Long & drawn out voice*: paaaaassssssssssss.

If I do see someone with the card, I'll probably assume they're either a supp (hey, free card woo!), someone who has genuinely exhausted other better means of points collecting (highly unlikely), or just hasn't done enough research (a mistake any of us can make).

 

[Dave G]

Meh -
Most of us that would find this even semi attractive
a) Have a premier card at the moment
b) Are waiting out the waiting period

Premier platinum is to go atm 100k points for $149 = $0.14 c/ppt. (Although I did get the everyday for free - although a lot less points that made the c/ppt way more attractive )
Dont think my plat charge will be getting a shiny mate anytime soon

 

[andye]

I suspect none.

It seems to me like Qantas wants this card to be a status symbol. But if I ever meet someone that has it, I’m not going to be impressed. Quite the contrary - I’ll probably think they’re an idiot.

There is nothing idiotic about saving money (unless you feel that it is stupid to spend >$12K over 4 QF long-haul fares). This is not even accounting for the first year bonus points offer which has significant value in itself
Yes, there are better cards for earning and associated benefits but there is no reason why you couldn't have this card as well and just use it to buy your QF flights
This is quite possible if you have a high income and high spend

All credit card offers are to some extent mathematical exercises for value

e.g. The Centurion Amex is currently a hard one to justify as the earn rate is lower than other Amexes, so any value is justified by the other benefits. I have seen @Moindardt 's explanation of how it works for him with the associated 2xHilton Diamond. However, after April the Centurion becomes the highest earning Amex card-it will therefore be a logical option if one has a high enough spend. A similar argument applies to he Platinum Charge-the more you spend the more compelling a proposition over other cards it becomes.

 

[Danger]

I agree with the vast majority here that the card is a very poor offer for the price tag.

My biggest gripe is the continued eroding of status credits. I made the point on here two or three years ago, when the first credit card came with a status credit inclusion (80, I think) was offered, that I thought it was a slippery slope. That bobsled on that slope has gained speed. Status credits were the last vestige in recognising frequent flyers. You could have hundreds of thousands of frequent flyer points but only be a Bronze. You could have lounge access but only be Qantas Club. Status credits were the only thing that couldn't be bought. They symbolised flying, not how deep your pockets were or how savvy you were at credit card applications or your success at status matching.

 

[Cruiser Elite]

If we're going to quote value out of the bonus then you're better off getting the ANZ Black with 120K pts for $275 = $0.0023/pt

I have.

Not to mention a sensible AFFer would only ever consider the Titanium after they have exhausted all other superior point-sweeping options which, given the height of the bar this card has set, are plentiful.

Given exclusion periods that ALL banks now have for burn and churn it's easy to exhaust ALL alternatives - most here cannot see value in this card - I can - and I will be applying - as I apply for EVERY card that is attainable with bonus pts thrown in - does that make me an IDIOT? If so then I wear that tag proudly!

 

[Flying mermaid]

I agree with the vast majority here that the card is a very poor offer for the price tag.

My biggest gripe is the continued eroding of status credits. I made the point on here two or three years ago, when the first credit card came with a status credit inclusion (80, I think) was offered, that I thought it was a slippery slope. That bobsled on that slope has gained speed. Status credits were the last vestige in recognising frequent flyers. You could have hundreds of thousands of frequent flyer points but only be a Bronze. You could have lounge access but only be Qantas Club. Status credits were the only thing that couldn't be bought. They symbolised flying, not how deep your pockets were or how savvy you were at credit card applications or your success at status matching.

Qantas only cares about making money. It now makes as much from its frequent flyer division as from international flights. It will use status credits to boost profits whether from people flying or from people paying for credit cards.