finder.com.au
Home
Money
Credit Card Finder
American Express

Qantas American Express Premium Credit Card

Sally McMullen
Sally McMullen
Last updated:  

Enjoy travel perks with 30,000 bonus Qantas Points and complimentary lounge invitations with the 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.

30,000

Bonus points

20.74% p.a.

Purchase rate

1

Reward point

Per $ spent (American Express)

$249 p.a.

Annual fee

Details

Product NameQantas American Express Premium Card
Rewards ProgramQantas Frequent Flyer
Balance Transfer Rate0% p.a. for 12 months with 1% balance transfer fee
Balance Transfer Revert RatePurchase Rate (20.74% p.a.)
Balance Transfer Limit70% of available balance
Maximum Balance Transfer Amount$10,000
Purchase Rate20.74% p.a.
Annual Fee$249
Interest Free Period44 days
Minimum Credit Limit$2,000
Maximum Credit Limit$25,000
Card TypeAmerican Express
Foreign Currency Conversion Fee (American Express)3% of transaction value
Complimentary Travel InsuranceYes
Minimum Income$40,000
Minimum Age18 years of age
Available to Temporary ResidentsYes - Conditions apply
Joint ApplicationNo

Pros

  • 30,000 bonus Qantas Points when you spend $3,000 within the first 3 months
  • Enjoy 0% p.a. on balance transfers for the first 12 months.
  • Up to 4 additional card members at no extra cost
  • Competitive earn rate of 1 point per $1 spent

Cons

  • There are only up to 44 days interest-free on purchases.
  • This card charges a relatively high annual fee of $249.
  • A one-time 1% balance transfer fee applies.
Rewards ProgramQantas Frequent Flyer
Bonus Points30,000 bonus points
Rewards Points per $ spent (American Express)1
Rewards Points per $ Cap (American Express)Uncapped
Annual Fee$249
Minimum Monthly Repayment2.5% of the closing balance or $30, whichever is greater
Late Payment Fee$30
Foreign Currency Conversion Fee (American Express)3% of transaction value
Additional Cardholder Fee$0
Number of Additional Cardholders4
Go to American Express's siteMore info

Expert review

Sally McMullen

Review by

Sally McMullen is Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.

Expert review

It has one of the smaller bonus Qantas Points promotions on the market, but it can still help you get extra value from the card. As an example, you could use 30,000 Qantas Points to fly in economy from Brisbane to Hong Kong (25,200 points) or to book a return economy flight from Melbourne to Gold Coast (12,000 points each way). You can relax pre-flight with 2 complimentary Qantas Club lounge invitations per year.

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.
Go to American Express's siteMore info

Card benefits

  • 30,000 bonus Qantas Points. New card members will 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. You'll receive your bonus points within 8 to 10 weeks of meeting the spend requirement.
  • Qantas Club Lounge invitations. You can travel in style and wait for your flight away from the crowds while enjoying complimentary food and beverages with two complimentary single entry invitations to the Qantas Club Lounge at select airports each year. You'll receive your lounge invitations after your first spend on selected Qantas products and services each membership year.

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 American Express's siteMore info

Ask an expert

To ask a question simply log in via your email or Facebook or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

104 Comments

  1. Default Gravatar
    Judy
    September 3, 2018

    Can you tell me if, with my free insurance, I have an option to purchase insurance for a pre-existing heart condition?

    Reply
    • AvatarStaff
      Jeni
      September 3, 2018

      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

      Reply
  2. Default Gravatar
    TERRY
    November 10, 2017

    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.

    Reply
    • Default Gravatar
      Jonathan
      November 10, 2017

      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

      Reply
  3. Default Gravatar
    Manish
    October 30, 2017

    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.

    Reply
    • Default Gravatar
      Arnold
      October 30, 2017

      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

      Reply
  4. Default Gravatar
    sydneysider
    August 22, 2017

    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.

    Reply
    • AvatarStaff
      Harold
      August 22, 2017

      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

      Reply
  5. Default Gravatar
    Danielle
    June 24, 2017

    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

    Reply
    • Default Gravatar
      Jonathan
      June 24, 2017

      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

      Reply
    • Default Gravatar
      Danielle
      June 26, 2017

      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!

      Reply
    • Default Gravatar
      Jonathan
      June 27, 2017

      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

      Reply
  6. Default Gravatar
    D
    June 20, 2017

    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

    Reply
    • Default Gravatar
      Jonathan
      June 20, 2017

      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

      Reply
  7. Default Gravatar
    Graham
    April 3, 2017

    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

    Reply
    • AvatarStaff
      Harold
      April 5, 2017

      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

      Reply
  8. Default Gravatar
    Barry
    March 31, 2017

    can my wife have an additional card if i get the Qantas American Express premium card?

    Reply
    • AvatarStaff
      Dee
      March 31, 2017

      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

      Reply
  9. Default Gravatar
    Jane
    November 30, 2016

    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?

    Reply
    • AvatarStaff
      May
      December 1, 2016

      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

      Reply
  10. Default Gravatar
    Blender
    September 8, 2016

    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?

    Reply
    • AvatarStaff
      Ysa
      September 20, 2016

      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

      Reply
Ask a question
Go to site