Applicants for this card currently can enjoy a special introductory offer of 5,000 points for the first time that the card is used, plus an additional 2,500 points for using it to purchase tickets on a Qantas flight. The Frequent Flyer points to dollars earned is a 1.25:1 ratio and there is no limit to the amount of points that a person can earn. Additionally, the points never expire so long as the cardholder maintains their account.
Other features of the card include; An annual Card fee of $195 p.a. for the Qantas American Express Premium Card and $30 p.a. per Supplementary Card, An interest rate of 19.49% p.a., Make ATM withdrawals on your card at most ATMs in Australia and over 520,000 ATMs worldwide, Online Fraud Protection Guarantee, Protection Benefits - Purchase Protection, Refund Protection, Transfer other credit card balances to a rate of 6.99% p.a. for the life of the transferred balance, Travel Cover and Up to 55 days interest free.
The American Express Qantas Premium Credit Card is rich in benefits for the business person or traveler. The main requirements are that the applicant be a minimum of 18 years of age and have an annual income of $40,000.