Offer

Card features

Rewards program

Earn rate

Points earned

American Express Qantas Ultimate Credit Card

Apply by 14 apr 20

2 reviews

American Express Qantas Ultimate Credit Card

Get 100,000 bonus Qantas Points when you apply by 14 April 2020, are approved and spend $3,000 within the first 3 months. New Card Members only.

Earn 1.25 Qantas Points for every $1 spent on Card purchases, except spend at government bodies in Australia where you will earn 0.5 Qantas Points per $1 spent.

$450 Qantas Travel Credit each year. (Conditions Apply)

Add to comparison

Qantas Frequent Flyer

1.25 pts
per $1 spent

100,000
points
after spend criteria

in 12 mths (approx.) What can I do with these?

Pros & cons

What's good?

What's not so good?

Get 100,000 bonus Qantas Points when you apply by 14 April 2020, are approved and spend $3,000 within the first 3 months. New Card Members only.

Earn 1.25 Qantas Points for every $1 spent on Card purchases, except spend at government bodies in Australia where you will earn 0.5 Qantas Points per $1 spent.

Earn 1 additional Qantas Point per $1 spent on eligible Qantas products and services.

$450 Qantas Travel Credit each year. (Conditions Apply)*

0% p.a. for 12 months for balance transfers and a one-off credit plan establishment fee of 1%. T&Cs apply.

Enjoy two complimentary entries per year to the American Express Lounges at Sydney or Melbourne International Airports. (Conditions Apply)

Complimentary domestic and overseas travel insurance.

Receive 2 Qantas Club lounge invitations each year.

Eligible for use with Android Pay, Apple Pay and Samsung Pay.

There’s a small 1% balance transfer fee applied to any amount you transfer over to this card.

The annual fee might put some people off.

The interest rate is as high as you would expect for a premium card like this.

This introductory offer is available to new Card Members, as well as Bank-issued American Express companion cardholders. *When you use your Qantas Travel Credit for eligible international or domestic Qantas flights when you book and pay online at American Express Travel.
Entry into The American Express Lounge is governed by the full Terms and Conditions available at amex.com.au/airportlounge.

Disclaimer (2): Reviews rely upon third party information that may not be correct or may be changed without Credit Card Compare’s knowledge. You must carefully consider your own circumstances before making any commitments and confirm all offers and terms with credit card providers before accepting them. Please refer to our T&Cs for more.

User reviews

4.1 out of 5.0 based on 2 reviews100% of reviewers would recommend this card

Rates and fees

Rewards

Customer service

Convenience

Trust

Reviews from users

Great value rewards and service, free flight

Reviewed and recommended by Mark on 04 May 2017

Direct American Express cards are excellent. This card comes with first class Australian customer service with quick response times. In addition the support given on disputed transactions is paperless and the agent works hard to resolve it quickly.

Rewards are excellent with a good earn rate, and if you regularly travel, the free Qantas return flight makes the high cost of the card worthwhile. In fact, on its own, for Perth residents the card pays for an east-west flight that is more often cheaper than what you would spend on a flight with Qantas.

The only downside is the high fee, but this comes with some major perks. The free flight is caveated as well. There is selected routes it will only work on (with the best value being cross-country flights). It also requires an advance Qantas spend before it activates the free flight (but you can get around this by paying for the fare difference by opting for a higher fare bracket).

Finally, the general lack of acceptance of AmEx in general (which is getting better) means you can’t solely rely on this card for all your spending.

Bonus points and excellent rewards

Reviewed and recommended by Alicia on 10 Apr 2017

The American Express site is easy to navigate, and the one question I had was answered immediately over the phone.

While the fees are on the higher side you do get one free domestic flight per year, which is excellent. 75K bonus points on sign-up was the main incentive.

Disclaimer: The opinions expressed about credit cards are the reviewer's alone, and do not reflect the views of Credit Card Compare or the credit card issuer. Reviews have not been approved or otherwise endorsed by Credit Card Compare.

The basics

About this card

Card setup

Single

Card tier

Platinum

Card type

American Express

Card use

Personal

Credit rating

No bad credit history

Gambling transactions allowed

Joint application

N/A

Minimum age

18 years old

Minimum income

$65,000

Minimum income for pensioners

N/A

Pensioners

N/A

Rewards program

Qantas Frequent Flyer

Temporary residents

Long Term Visa (12 months or more; Student Visa is excluded)

Cardholders

Additional cardholders

Additional card fee

$0 p.a.

Credit limits

Minimum credit limit

$3,000

Maximum credit limit

$50,000

Repayments

Interest charged from

Purchase date

Interest free period

Up to 44 days on purchases

Minimum repayment

whichever is greater, $30 or 2.5%

Balance transfers

The offer

	Interest rate	Period	Fee	Limit	Revert rate
Balance transfers	0% p.a.	12 months	1%	$10,000 or 70% of credit limit	20.74% p.a.

Balance transfers to this card

Balance transfer earns rewards

Balance transfer fee payment due

First statement

Balance transfer from personal loan

Balance transfer processing time

10 - 14 days

Interest free days with unpaid balance

0 days

Maximum balance transfer

$10,000 or 70% of credit limit

Available to existing customers

Banks you can't balance transfer from

You can't balance transfer to the American Express Qantas Ultimate Credit Card at the promotional balance transfer rate from:

American Express

Rates & fees

Promotional interest rates

	Interest rate	Period	Fee	Limit	Revert rate
Balance transfers	0% p.a.	12 months	1%	$10,000 or 70% of credit limit	20.74% p.a.
Purchases	N/A	N/A	N/A	N/A	N/A

Ongoing interest rates

	Monthly	Annually
Cash advances	N/A	N/A
Purchases	1.73%	20.74% p.a.

Fees

Annual fee

$450 p.a.

Cash advance fee

N/A

Dishonour fee

Duplicate statement fee

$10

Foreign exchange fee

Late payment fee

$30

Over limit fee

$15

Overseas ATM balance fee

N/A

Overseas ATM withdrawal fee

N/A

Overseas emergency card replacement fee

Transaction verification fee

Rewards & points

Cool stuff you can get with your points

Explore where your points can take you

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32,380 pts

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32,650 pts

5 Star Hotel Room for One Night

40,400 pts

Apple TV - 64GB (4th. Gen)

48,930 pts

Cloud Nine The Original Iron

59,760 pts

Panasonic Viera 32" HD LED LCD TV

72,630 pts

PlayStation 4 1TB Console (PS4)

88,990 pts

Dyson V6 Absolute handstick vacuum cleaner

103,300 pts

Vitamix S30 Blender

140,690 pts

Apple iPad Air 2 Wi-Fi 64GB - Silver

159,450 pts

Samsung 55" Full HD LED Smart TV

243,260 pts

Samsung 32" Full HD LED Smart TV

283,260 pts

Disclaimer: Points required accurate as of the 31st March 2018.

Rewards program basics

First purchase bonus

100,000 points

Reward points expiry

Never as long as you keep your account active

Rewards program

Qantas Frequent Flyer

Spend required for bonus points

$3,000 in 3 months

Earning points with this card

Frequent flyer points

1.25 pts per $1 spent

Overseas earn rate

Same as standard earn rate

Points cap per month

Unlimited

Points cap per year

Unlimited

Points earned on ATO payments

0.5 pts per $1 spent

Reward points

1.25 pts per $1 spent

Additional benefits

Airport lounge access

Yes, 2 passes per year

Complimentary flight voucher

Yes

Concierge service

Minimum criteria for this card

What you need before applying

Be over 18 years old

You are a resident or citizen of Australia

Earn a regular income of more than $65,000 per year

Have no history of bad credit

You have your personal details ready to complete the online application

Have not applied for multiple credit cards recently

Disclaimer: The minimum criteria 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.