Qantas American Express Ultimate Card
- Receive 55,000 bonus
Qantas Points
Eligibility criteria, terms and conditions, fees and charges apply
Travel more with 55,000 bonus Qantas Points, a yearly $450 Travel Credit and premium perks with the Qantas American Express Ultimate Card.
The Qantas American Express Ultimate Card gives you the ability to earn 55,000 bonus Qantas Points if you apply online, are approved and spend $3,000 on eligible purchases within three months of card membership.
Cardholders can also look forward to tons of travel benefits including domestic and international travel insurance covers, complimentary Qantas Club lounge invitations and free membership to Qantas epiQure Premium. You can also take advantage of a $450 Qantas Travel Credit every year for eligible international or domestic Qantas flights when you book and pay online through American Express Travel.
| Product Name | Qantas American Express Ultimate Card |
|---|---|
| Rewards Program | Qantas Frequent Flyer |
| Balance transfer rate (p.a.) | 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 | $450 p.a. |
| Interest Free Period The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement. | 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. | $3,000 |
| Max credit limit This credit limit may not be issued to you immediately on application. This is the maximum credit limit for this card which must be applied for or offered to you after you are approved and have already opened the account. | $50,000 |
| 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 | $65,000 |
|---|---|
| Minimum Age | 18 years of age |
| Available To Temporary Residents | Yes - Conditions apply |
| Joint Application | No |
| Annual fee | $450 p.a. |
|---|---|
| Minimum Monthly Repayment | 2.5% or $30, whichever is greater |
| Late Payment Fee | $30 |
| Cash Advance Fee | $2.50 or 2% of the cash advance amount (whichever is greater) |
| Foreign Currency Conversion Fee 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% |
| Gambling Transactions Allowed | No |
| Additional Cardholder Fee | $0 |
| Number of Additional Cardholders | 4 |
Pros
- Receive 55,000 bonus Qantas Points when you apply online, are approved and spend $3,000 within three months of card membership.
- Earn up to 2.5 Qantas Points per $1 spent on eligible purchases.
- You can use your yearly $450 Qantas Travel Credit for international or domestic flights when you book and pay online through American Express Travel.
- Enjoy two complimentary Qantas Club lounge invitations each year.
- You'll get a complimentary Qantas epiQure Premium Membership.
Cons
- Relatively high annual fee of $450 p.a.
- Income before tax must be $65,000 p.a. or over.
| Rewards Program | Qantas Frequent Flyer |
|---|---|
| Bonus Points | 55,000 bonus points |
| Rewards Points per $ spent (AMEX) | 1.5 |
| Rewards Points per $ (AMEX) Cap | Uncapped |
Qantas American Express Ultimate Card review
The Qantas American Express Ultimate Card is a frequent flyer card that links to your Qantas Frequent Flyer program account, so you get a host of options when it comes to redeeming your accumulated points. This card gives you the ability to earn Qantas Points faster with the highest earn rate in Australia, where you can earn up to 2.5 Qantas Points per dollar spent on eligible Qantas purchases and up to 1.5 points per dollar on your everyday spend.
Booking travel tickets using this card brings with it an array of complimentary travel insurance covers, and purchases made using this card receive protection through complimentary covers. This card can also work well for people who’re considering transferring balances from existing cards to save on interest.
Benefits of using the Qantas American Express Ultimate Card
If you get the Qantas American Express Ultimate Card, you can look forward to various benefits, which include the following:
- Bonus Qantas Points offer. Receive 55,000 bonus Qantas Points when you apply online, are approved and spend $3,000 on eligible purchases within the first three months of opening the card account. This offer is only available to new card members and bank-issued American Express companion cardholders.
- Points per $1 spent. Qantas Points you earn using this card transfer to your Qantas Frequent Flyer program account. You earn 1.5 Qantas Points per $1 spent on most everyday purchases, and 0.5 Qantas Points per dollar spent with government bodies. You will earn 1 additional Qantas Point per $1 spent when you use your card to pay for Qantas passenger flights that are purchased directly from Qantas, and for Qantas Frequent Flyer and Qantas Club membership joining and annual fees.
- $450 Qantas Travel Credit. The Qantas American Express Ultimate rewards you with a $450 Qantas Travel Credit each year, which you can use for eligible international or domestic Qantas flights. This will be credited to your account when you book and pay online through American Express Travel.
- Airport lounge passes. Cardholders can also take advantage of two entries to the American Express Lounge at Sydney International (Kingsford Smith) Airport T1 or Melbourne International Airport T2 each year. You will also receive two yearly complimentary Qantas Club lounge invitations after your first card spend each anniversary year on selected Qantas products and services in Australia.
- Complimentary insurance covers. Booking travel tickets through this card gives you complimentary medical emergency expense cover, travel cancellation cover, transport accident cover, travel inconvenience insurance, and baggage, money and documentation cover. Purchases you make using this card receive protection through refund protection and purchase protection.
- Complimentary Qantas epiQure Premium Membership. You can apply to Qantas epiQure Premium for free as long as you continue to hold your Qantas American Express Ultimate Card. This program rewards you with 3 Qantas Points per $1 spent on qantasepiqure.com.au.
- Mobile payment technology. Enjoy a simpler way of paying in stores or within participating apps. Simply hold your iPhone, Samsung or Android device near the contactless reader to make transactions.
- Balance transfer offer. A limited period promotional balance transfer offer gives you the ability to pay 0% p.a. interest on balance transfers for the first 12 months, allowing you to save considerably in the form of interest. A one-time 1% balance transfer fee applies.
Features of the Qantas American Express Ultimate Card
If you’re considering applying for the Qantas American Express Ultimate Card take a look at just what to expect:
- Annual fee. This card attracts an ongoing annual fee of $450.
- Interest-free period. If you pay the account’s closing balance completely every month you can make use of up to 44 interest-free days on purchases.
- Supplementary card. You can get a supplementary card for anyone over 18 years of age, and supplementary cards earn Qantas Points too. Supplementary cards don’t attract any extra annual account keeping fees.
- Card security. You can sign up for instant alerts without paying any additional fees, so you know of transactions made using your card in real time. The online fraud protection guarantee ensures you don’t have any liability to pay for fraudulent or unauthorised transactions.
How to apply for the Qantas American Express Ultimate Card
You can apply for the Qantas American Express Ultimate Card online by completing the secure online application, where you will need to fill out your details and wait for the approval for your card. Before you start applying, bear in mind you have to meet the following eligibility criteria.
Eligibility criteria
- You are over 18 years of age
- You are an Australian citizen, a permanent Australian resident, or hold a valid Business Long Stay Visa (Subclass 457)
- You earn at least $65,000 p.a. as pre-tax income
- Only new American Express cardholders can take advantage of the bonus points or balance transfer offer. So, if you held an American Express card in the last 18 months, you won't be able to apply for either. This doesn't apply to dual American Express and Visa or Mastercard credit cards issued by another bank.
Required documents
- Personal details like your date of birth, marital status, and number of dependents
- Contact details like your residential address, email address, and phone number
- Employment details like your employer’s name, phone number, and address
- Details surrounding your income and expenses
- Details of existing assets and liabilities
If you’re looking for a frequent flyer card linked to the Qantas Frequent Flyer program that enables you to earn points faster, you can consider applying for the Qantas American Express Ultimate Card. Complimentary insurance covers and travel benefits make this card all the more attractive, as does the fact that you can save some money by using its balance transfer offer.
These features, you should remember, come at a price, given that you would have to keep paying a considerable annual fee. Since there are other cards that offer similar features, it is ideal that you take some time to compare a few before arriving at a decision.
Am i able to pay off an interest free travel loan (through travel agency) only just booked, with my amex card and it be eligible for the 100,000 points?
thanks
Hi Jerry,
Thanks for your question.
You’ll be able to earn the 100,000 bonus points with the Qantas American Express Ultimate Card if you will apply for this card online by 9 April 2018, are approved and spend $3,000 on eligible purchases within three months of card membership. In the T&Cs of the card, eligible purchases do not include cash advances, interest, balance transfers, fees and charges for traveller’s cheques and foreign currencies. So if your travel agency would consider your travel tickets as “purchases” then you should be able to earn points for that transaction. Please contact your travel agency and confirm how they would treat your payment for the booking.
Cheers,
May
I had an ANZ American Express which doesn’t exist anymore and less than 18 months ago. Can I get a card in my wife’s name as she didn’t have one and still get a complimentary one in my name?
Hi Paul,
Thank you for getting in touch with finder.
Yes, you can ask your wife to apply for this card as long as she is eligible. This card can accept up to 4 additional cardholders so you can get a complimentary card once your wife has this card.
I hope this helps.
Have a great day!
Cheers,
Jeni
Can you please explain what this means Qantas Club lounge invitations. “Receive two yearly complimentary Qantas Club lounge invitations after your first card spend each anniversary year on selected Qantas products and services in Australia” What are ‘selected Qantas products & services’?? do I have to spend a certain amount in the QANTAS store or similar before I get the passes.
ALSO – does my partners income go towards our application as she will be a supplementary (or additional) card holder.
Thanks.
Hi Ben,
Thanks for your inquiry
Selected Qantas products and services are the following items purchased directly from Qantas: Qantas passenger flights (with a QF flight number) Qantas Frequent Flyer and Qantas Club membership joining and annual fees. Excludes Jetstar, Qantas Holidays, Qantas branded non-airfare products and any Qantas products and services not purchased directly from Qantas. The bank may only consider your income upon applying. Please check with the bank directly for confirmation.
Hope this information helps
Cheers,
Arnold
Is there a maximum credit limit per months as our spends are over 50,000?
Hi Ermond,
Thank you for your inquiry.
For the Qantas American Express Ultimate Card, the maximum credit limit that AMEX can give or approve you is only $50,000. This credit limit will not be on a monthly basis but for the entire usage of the card. I’m afraid that it is the maximum amount you can also spend on the card.
However, if you would like to compare other cards with more than $50,000 credit limit, you can check this page. I would suggest that you review the details of the card and its eligibility criteria before applying. You can also click on the ‘Go to site’ button if you’d like to be redirected to the card’s main website.
Hope this helps.
Cheers,
May
Hi, no mention of: ‘Enjoy a free flight or $450 travel credit (from 31 October)’? Isn’t this also a feature of this card?
Hi George,
Thanks for your inquiry. Please note that we are not affiliated with American Express or any company we feature on our site and so we can only offer you general advice.
Yes, the American Express Qantas Ultimate card includes a complimentary flight each year. Once you use your card within Australia you stand to get a complimentary domestic return economy flight ticket from Qantas every year.
On 31 October 2017, the complimentary domestic flight will be replaced with a $450 Qantas Travel Credit. The Qantas Travel Credit can be redeemed for any eligible Qantas flight booked and paid online through American Express Travel in a single booking. The Qantas Travel Credit will be available each year of Card Membership, as long as you have paid the annual fee and your account is current and in good standing. You will have the option to redeem your complimentary domestic flight up until 30 April 2018, after which, only the Qantas Travel Credit will be available each Membership year.
You may get more info by clicking on the ‘Go to Site’ button on this page.
Best regards,
Rench
How many points are needed to fly to Hawaii business class
Hi Paul,
Thanks for your inquiry. Please note that we are not affiliated with Qantas or any company we feature on our site and so we can only offer you general advice.
Unfortunately, we cannot say how many points that you will need for a flight. I suggest contacting Qantas directly or visit their official site to inquire further about their Frequent Flyer points.
You can also check this guide for Frequent Flyer points.
Hope this helps.
Cheers,
Rench
Is this card suitable for a small business . We want to maximize our flyer points
Hi Paul,
Thanks for your inquiry.
You can also have a look on this page for Business Credit Cards with Frequent Flyer Points that you can compare.
You may click the name of your preferred card to know more details and you may click the green “Go to site” button to submit an online application through their official site.
Hope this information helped.
Cheers,
Rench
Hi,
Could I just confirm that if i get this card, and use it in the US on holidays, spending in US dollars, then I would not be eligible for the 100K points, as I am not spending in AUD?
Jo
Hi Jo,
Please be reminded that if you’re thinking of getting a Qantas American Express card to earn more Qantas Points, make sure you also consider:
Foreign transaction fees – If you use your card to pay for purchases overseas or in a foreign currency, you’ll attract a fee worth 3% of the transaction value.
You may also read “What else should I consider?” by scrolling down the page so that you will be able to read the other factors that you should consider.
Have a great day!
Regards,
Judith
“Receive 100,000 bonus Qantas Points when you apply, are approved and spend $1,500 within 3 months of card membership”
Does this $1,500 spend take into account the spending of a supplementary card holder? Or does the $1,500 have to be spent by the primary card holder only?
Thanks.
Hi Len,
Thank you for your inquiry.
The $1,500 spend is applicable to new card members and bank-issued American Express companion cardholders.
I hope this information has helped.
Cheers,
Harold
I have purchased 4x Qantas flights via this card to travel overseas for my family and myself in 2018.
I am wondering which people are covered under the travel insurance?
I myself am the supplementary card holder, my wife is the primary card holder, and my 2 young children (age 7 and 4) are also travelling.
Thank you.
Hello Brad,
Thank you for your question.
Qantas American Express Ultimate Card Insurances and Domestic Return Flight Conditions (Effective from 23 December 2016) Product Disclosure Statement page 3 states that:
Supplementary Card Members are not covered for Travel Insurance benefits. If You are a Supplementary Card Member or a Supplementary Card Member is travelling with You on a Trip, You should consider whether these benefits provide adequate cover. The Supplementary Card Member may need to take out a separate travel insurance policy.
Therefore, they are only covering the Primary Card Member. You may consider getting a family travel cover instead. Kindly fill out the details of the quote table to get the list of insurers and their products which may suit your needs.
Hope this helps.
Cheers,
Jonathan
hi….with regards to the question above, in the T&C’s, it also says “Primary Card Member means:
1. the person who applied for the Qantas American Express Ultimate
Card Account and who is issued a Qantas American Express Ultimate
Card Account as the primary account holder; and
2. their husband, wife, fiance(e), de-facto or life partner with whom they
have continuously cohabited for a period of six (6) months or more;
and
3. their legally dependent children (including stepchildren or legally
adopted children) who are twenty-two (22) years of age or less and
wholly dependent on them for financial support.
So does this not mean, that immediate family members will be covered fully by the travel insurance?
Hi Shikar,
Thanks for your question.
If your dependents or spouse are not your “additional/supplementary” cardholders, yes, they will also be covered under the policy of your card’s complimentary travel insurance. Please note that they must also meet any conditions to be eligible.
Cheers,
May