Qantas American Express Ultimate Card
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Enjoy a 55,000 bonus Qantas Points offer, a yearly $450 travel credit and four complimentary lounge invitations.
The Qantas American Express Ultimate Card offers 55,000 bonus Qantas Points, uncapped points per dollar spent and a $450 travel credit every year.
55,000
Bonus points
20.74% p.a.
Purchase rate
1.25
Reward points
Per $ spent (American Express)
$450 p.a.
Annual fee
Details
| Product Name | Qantas American Express Ultimate Card |
|---|---|
| Rewards Program | Qantas Frequent Flyer |
| Balance Transfer Rate | 0% p.a. for 12 months with 1% balance transfer fee |
| Balance Transfer Revert Rate | Purchase Rate (20.74% p.a.) |
| Balance Transfer Limit | 70% of available balance |
| Maximum Balance Transfer Amount | $10,000 |
| Purchase Rate | 20.74% p.a. |
| Annual Fee | $450 |
| Interest Free Period | 44 days |
| Minimum Credit Limit | $3,000 |
| Maximum Credit Limit | $50,000 |
| Card Type | American Express |
| Foreign Currency Conversion Fee (American Express) | 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 |
Pros
- Receive 55,000 bonus Qantas Points when you spend $3,000 within three months of card membership.
- Earn up to 2.25 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 Wine Premium Membership.
Cons
- Relatively high annual fee of $450
- Only offers up to 44 days interest-free on purchases, as opposed to many cards that offer 55 days
- Charges a 1% balance transfer fee
| Rewards Program | Qantas Frequent Flyer |
|---|---|
| Bonus Points | 55,000 bonus points |
| Rewards Points per $ spent (American Express) | 1.25 |
| Rewards Points per $ Cap (American Express) | Uncapped |
| Annual Fee | $450 |
|---|---|
| Minimum Monthly Repayment | 2.5% 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 Cardholders | 4 |
Expert review
Review by
Amy Bradney-George
amy.bradney-george@finder.comAmy is an editor and writer at finder.com.au with more than 10 years experience covering credit cards, personal finance and various lifestyle topics. When she’s not sharing her knowledge on money matters, Amy spends her time as an actress.
