Get the Finder app 🥳

Track your credit score

Free

Qantas American Express Premium Credit Card

Last updated:  

Enjoy 100,000 bonus Qantas Points and 50 Status Credits with a new Qantas American Express Premium.

With a rewarding frequent flyer program, complimentary insurance covers and lounge passes, the Qantas American Express Premium credit card offers a wide range of perks and savings.

100,000

Bonus points

20.74% p.a.

Purchase rate

1

Reward point

Per $ spent

$249 p.a.

Annual fee

We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder.

Details

Product NameQantas American Express Premium Card
Rewards programQantas Frequent Flyer
Purchase rate20.74% p.a.
Annual fee$249
Interest-free period44 days
Min credit limit$2,000
Max credit limit$25,000
Card typeAmerican Express
Foreign currency conversion fee3%
Minimum income$40,000
Available to temporary residentsYes - Conditions apply
Joint applicationNo

Pros

  • 100,000 bonus Qantas Points when you spend $3,000 in the first 3 months
  • 50 bonus Status Credits when you meet the spend requirement
  • Plan It Instalments for paying off your credit card balance in equal monthly instalments, with 0% p.a. interest and a fixed monthly fee
  • Up to 4 additional card members at no extra cost
  • Complimentary purchase and travel insurance covers

Cons

  • There are only up to 44 days interest-free on purchases
  • Charges a relatively high annual fee of $249
Rewards programQantas Frequent Flyer
Bonus points100,000
Rewards points per $ spent1
Rewards points capUncapped
Annual fee$249
Minimum monthly repayment2.5% of the closing balance or $30, whichever is greater
Late payment fee$30
Foreign currency conversion fee3%
Additional cardholder fee$0
Number of additional cardholders4

Expert review

Sally McMullen

Review by


Sally McMullen is a creative content producer at Finder, co-hosts our Pocket Money podcast and wrote about credit cards for almost five years. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone. She has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

The Qantas American Express Premium has one of the larger bonus Qantas Points promotions on the market which can help you get extra value from the card. As an example, you could use 100,000 Qantas Points to fly return from Sydney to Perth in business class (83,000 points) or redeem them for $500 worth of Woolworths WISH digital gift cards through the Qantas Store (98,700 points for two $250 digital gift cards). The 50 bonus status credits can also help you reach a higher membership status tier, which unlocks more frequent flyer perks.

How to apply

You can apply for the Qantas American Express Premium credit card online in 10 minutes and receive a response within 60 seconds. Before you apply, check that you meet the eligibility criteria and have the necessary information to complete the application.

Eligibility criteria

  • Income. You must earn an annual income of $40,000 or more.
  • New card members. The bonus Qantas Points offer is not available to those who hold or have held an American Express in the previous 18 months.

Card benefits

  • 100,000 bonus Qantas Points. New card members will earn 100,000 bonus Qantas Points when you apply online by 04 November 2020, are approved and spend $3,000 on eligible purchases using your new card within the first 3 months of card membership. You'll receive your bonus points within 8 to 10 weeks of meeting the spend requirement.
  • Bonus Status Credits. You'll also get a bonus 50 Status Credits when you apply by 04 November 2020 and spend $3,000 in the first 3 months. This can help you reach Silver, Gold or Platinum status with Qantas Frequent Flyer. Learn more about the different benefits higher status brings with it in this guide.

Rates & fees

  • Annual fee. This card charges a $249 p.a. annual fee.
  • Purchase interest rate. You'll be charged 20.74% p.a. interest on purchases.
Go to site