What are the benefits of Qantas Cash Instalment Plans?
A quick and convenient way to access cash could come in handy. Here’s how a Qantas Cash Instalment Plan can help.
Access cash within 3 business days
Turn your available credit limit into cash; a quick and easy way to access your unused credit. Receive funds into your nominated bank account within 3 business days.
No documents required
No additional credit checks or extra paperwork required.
Keep your interest-free days
The interest free period applies when you pay your full closing balance from your last statement by the Payment Due Date (excluding any Instalment Plan balance which isn’t due for payment by that Payment Due Date). No interest free period is available on Cash Advances or Balance Transfers.
Repay in monthly instalments
Choose the amount and length of time you need to make repayments based on what you can afford each month.
10,000
Earn 10,000 Qantas Points when you set up a Cash Instalment Plan of $2,500 or more and make your first three consecutive payments on time. Additional criteria applies, see terms and conditions.1
How it works
How it works
Check eligibility
Log in to the Qantas Money app to check if you’re eligible for a Cash Instalment Plan. Find out how much you can access along with the interest rate.
Set up a plan
Choose the amount you wish to access and then choose your repayment terms based on the options of repayment period provided. Receive funds into your nominated bank account within 3 business days.
Pay each month
The repayment amount is included in your Minimum Payment Due.2
Track your progress
See how much you’ve already paid and what’s left to pay off in the Qantas Money app. To change the term, make additional repayments, pay off in full or cancel your plan, please call 1300 992 700.
Cash Instalment Plan Calculator
Use this calculator to estimate how much your monthly payments would be if you signed up for a Cash Instalment Plan.
Your repayments calculation
Monthly repayments
Total loan repayments
$552.96Total interest charged
$52.96For more information or to apply
Call: 1300 992 700This is the estimated Monthly Instalment that you may be required to pay within your chosen term. This assumes the Monthly Instalments are made by the Payment Due Date each month. This calculation is an estimate only and does not include any applicable fees or charges. Any retail or cash balances outside the Instalment Plans will require monthly repayments in addition to the Monthly Instalment. Instalment Plan offers are subject to eligibility and only available if your account is and remains in good standing (For example - your account is not in default, suspended or closed). If you fail to pay the minimum payment due or any other amount by its payment due date, we charge interest on any unpaid instalment, instalment fee or initial interest charge component (and any interest calculated on any of them, and any interest on that interest) from the day after the payment due date. It will be calculated using the daily retail rate and the daily calculation method until they are repaid in full. We may also cancel your instalment plan. We will tell you if an instalment amount is overdue before we cancel the instalment plan. If your instalment plan is cancelled, the outstanding balance of your Statement Instalment Plan will revert to the Retail Purchase Rate and the outstanding balance of your Cash Instalment Plan will revert to the Cash Advance Rate.
Instalment plan offers are subject to eligibility and only available if your account is and remains in good standing (For example, you have an unremedied default relating to the underlying account, or your account has been suspended or closed). Your instalment plan uses part of your existing credit limit. As you pay off your instalment plan, the amount you pay off will become available for you to use again as part of your credit limit at the standard annual percentage rates applicable to your account. While you have an instalment plan, payments will be first applied to any initial interest charge or instalment due, even if you have other balances accruing interest at a higher rate. For the full terms and conditions of your instalment plan, please refer to Section 5 of the Qantas Premier Credit Card Terms and Conditions.
Set up and manage
Set up an instalment plan
Tap on ‘Manage’, then tap on ‘Set up an instalment plan’ under ‘Instalment plans’.3
Choose the amount you wish to access and how much you can comfortably afford each month.
Manage your instalment plans
To view details of your active instalment plans, go to the ‘Manage’ tab.
To change the term, make additional repayments, pay off in full or cancel your plan, 1300 992 700.
Download and log in to the Qantas Money app now to earn 100 bonus Qantas Points and earn another 200 bonus points when you connect your first account.¹⁶
Frequently asked questions
You can repay the monthly instalment in a similar way as to how you pay your credit card bill. Note that the monthly instalment is included in your Minimum Payment Due in your statement.
During the cycle in which the instalment plan is set up, you will be charged an initial interest charge which will be included in the Minimum Payment Due on your next statement. Subsequent statements will include an instalment for each month of the term.
You can pay off your instalment plan at any time without early repayment fees. Simply call us on 1300 992 700 (or +61 2 8222 2569 if you're calling from overseas).
