Qantas American Express Premium Card
- Receive 30,000 bonus Qantas Points
Eligibility criteria, terms and conditions, fees and charges apply
With a 30,000 bonus Qantas Points offer and 1 Qantas Point per $1 spent, the Qantas American Express Premium Credit Card makes a convenient and rewarding choice.
With a worthwhile rewards program, complimentary insurance covers and travel perks including lounge passes, you’ll be able to take advantage of premium services and save money at the same time. New card members receive 30,000 bonus Qantas Points when you apply online, get approved and spend $3,000 within the first three months of card membership.
| Product Name | Qantas American Express Premium Card |
|---|---|
| Rewards Program | Qantas Frequent Flyer |
| Balance transfer rate | 0% p.a. for 12 months with 1% balance transfer fee |
| Balance transfer revert rate The interest rate after the balance transfer ends. | Purchase Rate (20.74% p.a.) |
| Balance Transfer Limit | 70% of available credit limit |
| Maximum Balance Transfer Amount | $10,000 |
| Purchase rate (p.a.) | 20.74% p.a. |
| Annual fee | $249 p.a. |
| Interest Free Period The interest-free period is the maximum number of days during which interest is not charged on new purchases. This only applies if you pay your closing balance in full by the statement due date. | Up to 44 days on purchases |
| Min credit limit This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure. | $2,000 |
| Max credit limit This credit limit may not be issued to you immediately upon application. This is the maximum credit limit available on this card and you can apply for increases after the account has been opened. | $25,000 |
| Card Type | American Express |
| Foreign Currency Conversion Fee (AMEX) Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution. | 3% of transaction value |
| Complimentary Travel Insurance | Yes |
| Minimum Income | $40,000 |
|---|---|
| Minimum Age | 18 years of age |
| Available To Temporary Residents | Yes - Conditions apply |
| Joint Application | No |
| Annual fee | $249 p.a. |
|---|---|
| Minimum Monthly Repayment | 2.5% or $30, whichever is greater |
| Late Payment Fee | $30 |
| Foreign Currency Conversion Fee (AMEX) Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution. | 3% of transaction value |
| Gambling Transactions Allowed | No |
| Additional Cardholder Fee | $0 |
| Number of Additional Cardholders | 4 |
Pros
- New card members will receive 30,000 bonus Qantas Points when they apply online, get approved and meet the minimum required spend.
- Enjoy 0% p.a. on balance transfers for the first 12 months.
- Request up to 4 additional card members at no extra cost.
- A rate of 1 points per dollar spent on everyday purchases is a decent reward for your spending.
Cons
- There is only up to 44 days interest-free when you make a purchase on this card.
- This card charges a relatively high annual fee of $249.
- A one-time 1% balance transfer fee applies.
| Rewards Program | Qantas Frequent Flyer |
|---|---|
| Bonus Points | 30,000 bonus points |
| Rewards Points per $ spent (AMEX) | 1 |
| Rewards Points per $ (AMEX) Cap | Uncapped |
Benefits of the Qantas American Express Premium Credit Card
- 30,000 bonus Qantas Points. Earn 30,000 bonus Qantas Points when you apply online, are approved and spend $3,000 on eligible purchases using your new card within the first three months of card membership. This offer is available to new card members, as well as bank-issued American Express companion cardholders.
- Qantas Points for every dollar spent. You can earn 1 Qantas Points for every dollar spent on eligible purchases, and 0.5 Qantas Points per dollar spent with the Australian government. Until 14 April 2019, earn 0.25 additional Qantas Points per $1 spent, except on transactions with government bodies in Australia. You will earn an additional 1 Qantas Point per $1 on select Qantas spend. Please see our detailed guide for more information on the earn rates you can expect from 15 April 2019.
- Qantas Club lounge invitations. As a Qantas American Express Premium cardholder, you will qualify to receive 2 Qantas Club Lounge invitations after your first card spend each anniversary year on selected Qantas products and services in Australia.
- Complimentary Qantas Wine Premium Membership. You can apply to Qantas Wine Premium for free as long as you continue to hold your Qantas American Express Premium Card. This program rewards you with 3 Qantas Points per $1 spent on Qantas Wine purchases.
- Get an additional card for free and earn more. By choosing to get a free additional card for a family member to use, you can earn points and rewards faster. Purchases on both cards can earn points which means you can rack them up faster and get your rewards sooner.
- Travel inconvenience cover is available through your card. Delayed flights can cost you both time and money. While your Qantas AMEX Premium Credit Card can't make up for your lost time, it can prevent you from losing money due to delayed flights. With travel inconvenience insurance, you're covered for up to $200 for delayed flight departures.
- Transport accident cover keeps you safe while travelling. If you are injured while using public transportation during your travels, you can be covered for up to $200,000. With this feature, you and your family can feel safe and your trip shall be more enjoyable.
- Medical cover can save you money on hefty medical bills. You'll also receive Medical Emergency Expenses insurance. This will cover up to $2,500,000 in medical expenses in the event that you get hurt or sick and need medical attention while travelling.
- Baggage, Money and Documents Cover protect your property while on holiday. With this complimentary insurance through your credit card, you can get coverage of up to $5,000 if you lose your baggage, money, or any documents. They will also be covered if they are damaged.
- Travel Cancellation insurance can put money back in your pocket through AMEX. Sometimes emergencies come up, and either you have to cancel a planned trip or the agency in question must cancel your arrangements. When this happens, it can cost you money. However, with travel cancellation coverage, you can get up to $7,500 to cover any cancellations.
- 0% p.a. on balance transfers for 12 months. The Qantas American Express Premium Card comes with an introductory offer of 0% p.a. for 12 months on balance transfers (a one-off credit plan establishment fee of 1% applies). After this period, any unpaid balances will attract the variable interest rate on purchases, currently at 20.74% p.a.
Features of the Qantas American Express Premium Credit Card
There are a number of other features that you'll be able to gain access to once you're approved for the Qantas American Express Premium Credit Card.
- Annual fee. This card charges a $249 annual fee.
- Online account access. You'll also be able to access your account at any time through the online interface. You can even get mobile access through your smartphone.
- Mobile payments. You can set up Apply Pay, Samsung Pay or Google Pay to make contactless mobile payments with your smart device.
- Global Card Support. This feature ensures that you'll get account assistance day and night, anywhere you are in the world
- Refund protection. You can also get a refund through American Express if you're denied one on an unused eligible purchase within 90 days after your purchase.
- Purchase protection. This will cover any repairs or refunds on certain purchases if they're accidentally broken or stolen within 90 days of buying them.
- Online fraud protection. This is a guarantee that says you won't be held responsible for unauthorised or fraudulent charges on your card if you notify American Express upon discovery of the activity.
- Emergency card replacement. If you lose or have your card stolen, you can get a replacement card within a few days (sometimes within one working day) almost anywhere in the world.
How to apply for the Qantas American Express Premium Credit Card
If you think this offer suits you, you can apply for the card online. Before you apply, make sure you've met the eligibility criteria and organised the necessary documents:
Eligibility criteria
- Be over 18 years old
- Be an Australian citizen, permanent resident or hold a current Business Long Stay Visa
- Earn a minimum of $40,000 p.a.
- Have a good credit history free of defaults
Required documents
- Driver's licence, passport, Medicare card, and/or Australian birth certificate for identification purposes
- Payslips or other financial documents to prove your income
- Employer's name and address
- Lists of financial liabilities and assets
The Qantas American Express Premium Credit Card offers a great rewards program along with additional features like Qantas Club lounge passes and complimentary insurance covers. Be sure to compare this card with other available options to get the most valuable deal for your needs.
Can you tell me if, with my free insurance, I have an option to purchase insurance for a pre-existing heart condition?
Hi Judy,
Thank you for getting in touch with finder.
Please note that in order to be eligible for the complimentary insurance benefits, you must first purchase the full fare for a trip, or an eligible item, on the Qantas American Express Premium Credit Card Account. In order to enquire further on getting a standalone cover for your pre-existing heart condition, you need to contact Chubb Insurance Australia Limited. Amex complimentary travel insurance is provided by Chubb and has the potential to save you hundreds of dollars on standalone policies.
Some heart conditions are more serious than others, but regardless of the severity, we can help you find travel insurance that will cover your heart condition. Kindly check out this page to compare your options.
I hope this helps.
Please feel free to reach out to us if you have any other enquiries.
Thank you and have a wonderful day!
Cheers,
Jeni
I am retired and my income comprises a age pension and a monthly payment from my Superannuation Income Stream. Will the super payment be accepted when they apply the minimum income test? A bank with whom I applied for a new card would not accept it. I have a long unblemished credit history.
Hi Terry,
Thank you for your inquiry. We understand that you wish to apply for a credit card using your super income.
Please be informed that there are selected card issuers who consider Superannuation or any form of pension. As for Qantas AMEX Premium Credit Card, they require applicants to be either employed or self-employed (with details manifested by their accountant) with pre-tax annual income of AUD$40,000 or more.
Hope this clarifies. Let us know if you need anything else.
Cheers,
Jonathan
Hi,
I previously held an American Express credit card [issued by American Express Australia, not a bank] which I cancelled in approximately May 2017. Would I qualify as a “new card member” for the purpose of the bonus points offer above?
I hold no other American Express cards with any institution at this stage.
Hi Manish,
Thanks for your inquiry
I’m afraid this offer is available only to new card members, this also applies to bank-issued American Express companion cardholders. I hope this answers your question.
Hope this information helps
Cheers,
Arnold
Hi,
I applied for this card online and was “approved” told the card would be with me in 5-7 business days. It seems too easy as they didn’t ask for bank statements etc. May be a dumb question but is this normal, I didn’t think it would be as simple as that to get an Amex.
Hi Sydneysider,
Thank you for your inquiry.
While we do not represent any company that we feature on our pages, we can offer you a general information. If you are in doubt with your application you may want to read the guide here and to check your legit options.
I hope this information has helped.
Cheers,
Harold
Hi, I just applied for this credit card through the link. How will I know if the exclusive Finder bonus points will be applied? There wasn’t anywhere to mention or select this in the registration process.
Many thanks,
Danielle
Hi Danielle!
As long as you applied for this card by clicking the “Go to Site” green button from our site which redirected you to Qantas AMEX and met the other requirements, you should be good. You will be notified once this is credited to your account.
Please take note of the complete disclosure statement for the offer:
FINDER EXCLUSIVE OFFER: Receive 50,000 bonus Qantas Points3 when you apply online by 30 June 2017, are approved and spend $1,500 on your new Card within the first 3 months. This offer is available to new Card Members, as well as Bank-issued American Express companion cardholders.
Hope this clarifies,
Cheers!
Jonathan
Thanks for your reply. I spoke to AMEX today who approved my application but they weren’t aware of the 50k bonus points and said they need to get applied by the affiliate partner. Can you please confirm? They were not aware of this offer at all. Thanks!
Hi Danielle!
We’re glad you messaged us again!
That sounds surprising because it is actually in their website. Tell their representative to look for The Qantas American Express Premium Card under their personal cards, then look for “Highlights” a bit below. It is the first bullet right there. Check it yourself. :)
You can inform them that you were directed from finder.com.au when you applied and did the online application. Once you spent $1,500 on your new Card within the first 3 months, it should be posted by then.
Hope this helps.
Cheers,
Jonathan
Hi! I have an American Express card with ANZ bank. Will I still be eligible for the 50k qantas points for sign up bonus with this card? Thanks
Hi D!
Thanks for the inquiry.
This offer is available only to new card members, as well as bank-issued American Express companion cardholders.
Hope this clarifies.
Cheers,
Jonathan
I use an existing Amex card through ANZ with a companion card for my wife. If we sign up for a Qantas Amex will be eligible for the 60,000 Qantas bonus frequent flyer points? Also,is there an upper limit to how many points can be earned in each billing period?
Thank you
Hi Graham,
Thank you for your inquiry.
Typically, eligible purchases do not include cash advances, interest, balance transfers, fees and charges for traveller’s cheques and foreign currencies. Qantas Points are earned in accordance with and subject to the Qantas American Express Card Points Terms and Conditions. 60,000 Qantas Points will be credited to the Card Member’s Qantas Frequent Flyer account 8 to 10 weeks after the spend criteria has been met.
I hope this information has helped.
Cheers,
Harold
can my wife have an additional card if i get the Qantas American Express premium card?
Hi Barry,
Thanks for your question.
Yes, Qantas American Express Premium Credit Card allows up to 4 additional cardholders at no extra cost.
Cheers,
Anndy
I have booked and paid for return flights on my Amex card for my husband, dependant daughter and myself. We are all travelling together. I am a supplementary cardholder and my husband is the primary cardholder. As I used my card are we still covered for travel insurance?
Hi Jane,
Thanks for your question.
Unfortunately, no. The supplementary card does not come with complimentary travel insurance. So your husband, as a primary cardholder, should use his card to purchase the tickets and other travel costs for your entire trip so that you and your daughter will be covered. Please refer to this page for more information on AMEX complimentary travel insurance.
Cheers,
May
I’m a little confused by the international fees. So if I draw out money at an overseas ATM, I would get charged an overseas cash advance fee of $2.50(or 2%), plus overseas ATM withdrawal fee of $2.50, plus a foreign currency conversion fee of 3%? That seems like one fee too many, or is that correct?
Hi Blender,
Thanks for your question.
An overseas ATM withdrawal of $2.50 will apply when you withdraw your money on any ATM overseas.
On the other hand, the overseas cash advance fee will only be charged per transaction for a cash made outside Australia and will be debited on the transaction date. Whilst the foreign conversion fee will only be charged for any transactions made in foreign currency.
I hope this helps.
Cheers,
Ysa