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American Express Qantas Premium Credit Card

Credit Card Comparison » American Express Credit Cards » American Express Qantas Premium Credit Card

Annual Fee$149 for 1st year
$249 p.a. thereafter
Balance Transfer-
Promo Interest Rate-
Ongoing Interest Rate20.74% p.a.
Rewards, Points and Perks
  • First Purchase Bonus:
  • Frequent Flyer Points:
  • Reward Points:
  • Rewards Program:
  • Sign Up Bonus:
  • Spend for SYD/MEL return:
  • -
  • $1 = 1.25 QFF points
  • $1 = 1.25 QFF points
  • Qantas Frequent Flyer
  • -
  • 12800
Other Fees, Rates and Requirements
  • Additional Card Fee
  • Balance Transfer Fee
  • Cash Advance Rate
  • Duplicate Statement Fee
  • Interest Charged From
  • Interest Free Period
  • Late Payment Fee
  • Maximum Credit Limit
  • Minimum Age
  • Minimum Credit Limit
  • Minimum Income
  • Minimum Repayment
  • Over Limit Fee
  • Overseas ATM Balance Fee
  • Overseas ATM Withdrawl Fee
  • Overseas Emergency Card Replacement Fee
  • Transaction Verification Fee
  • $0 p.a.
  • -
  • -
  • $10
  • Purchase date
  • -
  • $30
  • -
  • 18 years old
  • -
  • $40,000
  • 3%
  • $30
  • $0
  • $2.50
  • $0
  • $7
Insurance
  • Extended Warranty Insurance
  • International Travel Insurance
  • Interstate Flight Inconvenience Insurance
  • Personal Item Theft Cover
  • Price Protection Insurance
  • Purchase Protection Insurance
  • Transport Accident Insurance
  • -
  • Yes
  • -
  • -
  • -
  • -
  • -
Bank Address: American Express GPO Box 3577 Sydney NSW 2001 Australia
  • Receive up to 17,500 extra Qantas Frequent Flyer points
  • Two Qantas Club invitations after your first Card spend every year in Australia on selected Qantas services
  • Earn 1.25 Qantas Frequent Flyer point for every dollar spent on your card
  • You'll also earn 1 additional point for every dollar spent on your card in Australia on selected Qantas services, with no caps on the number of points you can earn
  • An annual Card fee of $149 p.a. for the first year (Normally 249 p.a.).
  • Read the terms and conditions

    How does the American Express Qantas Premium Credit Card compare for rates and fees against an average credit card? Based on the data from our website this credit card comparison scorecard shows:

    Purchase
    Rate
    Cash Adv
    Rate
    Annual
    Fee
    Bal. Transfer
    Rate
    Bal. Transfer
    Rate Period
    American Express Qantas Premium Credit CardAmerican Express Qantas Premium Credit Card20.74%-%$149-%- months
    The Average Credit Card17.15%21.03%$962.86%7 months

    Whether you fly for business or purely for pleasure, the American Express Qantas Premium credit card is designed for those who love to travel. If you want to be rewarded for spending, then look no further! AMEX have paired up with Qantas to offer an industry leading frequent flyer scheme where you’re rewarded for every single dollar spent on your card.

    Pros

    Not only does the Qantas Premium card offer a decent earning ratio ($1 = 1.25 QFF points), but you can earn an additional 2.25 points for every $1 spent on selected Qantas services. There’s absolutely no limit on the number of points you can collect and there’s no expiry date so you can keep on saving. A return flight from Melbourne to Sydney is 16,000 points, which would take a business very little time to accumulate, especially when you consider that AMEX is accepted at thousands of locations around the world! The card also comes with complimentary domestic and overseas travel insurance, a feature that helps reduce your expenses further. Another nice feature are the two annual Qantas Club invitations to over 130 Qantas operated airport lounges around the world, making travel that bit more enjoyable.

    Cons

    Eligibility for the American Express Qantas Premium card could pose problems for some. In order to register you must be earning at least $40,000 per annum. The $149 p.a. annual fee is also above average, so it’s advisable that you weigh up the costs and fees against the savings made on flights. If you don’t plan on spending much on your credit card, then the Qantas Premium may not be your best bet.

    Conclusion

    If you love flying as much as you do spending, then the Qantas Premium is the card for you. With thousands of ways to rake in the points, it’s only a matter of time before you’re on that flight, sipping a martini and enjoying the view.

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    Minimum Criteria. To be approved for this credit card make sure:

    YesClick Yes to apply online securely with the bank
    Go BackIf no, choose another credit card

    The minimum criteria pointers are intended only to be a guide. Your application may still be rejected by the bank even if you can answer \'Yes\' to all the minimum criteria. The final decision regarding your application is up to the bank.