Re: HSBC Qantas Platinum - 20,000 points (+2 QP passes) - $199 Annual Fee until 31/03
The appeal is probably that you can buy points with this card at <1c each ... ie; 199$ / 20,000 = 0.995c/point + 2 free QP passes. Its one of those churn cards. Buy it and the points that come with it, nab the QP passes and cancel the card before renewal.
30K through QFCU is free (I think) for the first year but takes 5 months for the points to fully post ... according their website. Go for both, reap 50K points, pay $199 and get the free QP's. The QFCU CC after all is no stunner either, performance wise, and I'd cancel it before the free year was up.