One of the main benefits to this card is that it works so well in conjunction with benefits, rewards, and travel. There is currently an introductory offer of 5,000 points the first time the card is used and an additional 2,500 points when the cardholder uses it for a Qantas flight. Additionally, the cardholder can enjoy a Qantas domestic return flight every year as well. Reward points to dollars spent is 1.5:1 so every time the cardholder spends $1, they earn 1_ reward points.
The annual fee for this card is $395 and there are no fees for additional cards. The interest rate on the Ultimate Credit Card is 19.89% p.a. on both purchases and cash advances. The rewards points are not capped so the cardholder can earn all the points they want and the card also features a lifetime 6.99% on balance transfers.
Other features of the American Express Qantas Ultimate Credit Card include; Automatic transfer of your points to your Qantas Frequent Flyer account, Credit Limits up to $100,000 with a minimum income of $35,000 required, Domestic and Overseas Travel Insurance, Earn 2.25 points per $1 spent on Qantas services and Up to 55 days interest free on retail purchases.
