Card Reviews

American Express Qantas Ultimate Credit Card Overview

Unlock 100,000 Qantas Points, lounge passes, and $450 travel credit with Amex Qantas Ultimate Card!
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Immanuel Debeer17 Jan 2025
Sign up bonus: 100,000 QF Points
Sign up bonus: 100,000 QF Points
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Qantas American Express Ultimate Review
Receive 100,000 bonus Qantas Points1 when you apply online by 18 March 2025, are approved, and spend $5,000 on eligible purchases on your new Qantas American Express Ultimate Card within the first 3 months of your approval date. T&Cs apply. Available for new American Express Card Members only.
American Express Qantas Ultimate Credit Card
4/5
Bonus Points
5/5
Earn Rate
4/5
Extra Features
4/5
Overall
Pros
Fantastic sign up bonus
$450 travel credit
Great everyday earn rate
Cons
High annual fee

The Qantas American Express Ultimate is as the name suggests, the ultimate Qantas Points credit card. The Qantas American Express Ultimate Card now comes with 100,000 bonus Qantas Points when you apply online by 18 March 2025, are approved, and spend $5,000 on eligible purchases on your new Qantas American Express Ultimate Card within the first 3 months of your approval date. T&Cs apply. Available for new American Express Card Members only.

The Qantas American Express Ultimate will see you skyrocketing your points balance with an earn rate of 1.25 Qantas Points per dollar spent on everyday purchases.American Express is even offering 1 additional Qantas Point per dollar spent on Qantas products and services in Australia. This means you could be earning up to 2.25 Qantas Points per dollar!

The Qantas American Express Ultimate Card also comes with 2 complimentary Qantas Club lounge invitations, 2 lounge invitations to The Centurion Lounge and a $450 Qantas Travel Credit each year you hold the Card. Of course, these benefits come at a cost, the annual fee is $450 which is brought down to well below zero if you factor in the value of 10,000 Qantas Points, $450 Qantas Travel Credit and complimentary lounge passes.

To get the bonus points you will need to apply online, be approved, and spend a minimum of $5,000 in the first 3 months after activating the card, which is very achievable. Personally, I set up all my regular bills with Amex so at least I’m earning some points! Rule #1 of the points game: Never pay cash (or use a debit card!).

Welcome BonusReceive 100,000 bonus Qantas Points when you apply online by 18 March 2025, are approved, and spend $5,000 on eligible purchases on your new Qantas American Express Ultimate Card within the first 3 months of your approval date. T&Cs apply. Available for new American Express Card Members only.
Everyday Earn Rate1.25 QF points per $1
Earn Rate On Qantas Products & Services2.25 QF points per $1
Annual Travel Credit$450 Qantas flight credit redeemable for Qantas flights.
Point capsAfter a total of 100,000 Qantas Points is earned in a calendar year, the everyday earn rate will change from 1.25 to 1 Qantas Point per $1 spent, uncapped.
Airport Lounge AccessReceive two complimentary entries to The Centurion Lounge and two Qantas Club Lounge invitations annually when you purchase eligible Qantas products and services.
Qantas Wine MembershipComplimentary Qantas Wine Premium Membership
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Qantas Amex Ultimate Card Details

With the Qantas American Express Ultimate Card, there is no cap on the amount of Qantas Points you can earn, while having them automatically transferred to your Qantas Frequent Flyer account each month.

Mobile paymentsEligible for use with Android Pay, Apple Pay and Samsung Pay
International Transaction Fee3% of the converted amount
Interest on purchases23.99% p.a. (no fees are charged when you pay your balance in full and on time)
Interest-free PeriodUp to 44 days
Annual Fee$450
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Qantas American Express Ultimate Eligibility

American Express has specific rules regarding sign-up bonuses for new cards. Under the current policy, personal and business cards are treated the same. If you currently hold or have held an Amex Card in the past 18 months, you won’t qualify for the sign-up bonus.

The only exception to this rule applies to Card Members with an American Express Corporate Card. If you’ve held or currently hold one, you can still apply for a personal or business Amex card and receive the bonus, as long as all other eligibility criteria are met.

To save time before you apply for your Qantas American Express Ultimate Card, it’s best to make sure you can say yes to the following:

Age requirements18+
Residency requirementsAustralian citizen or permanent resident or hold a long term visa. Long term means 12 months or more and does not include a student visa.
Credit scoreNo history of bad debt or payment default
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Qantas American Express Ultimate Travel Perks

You will enjoy a $450 Qantas Travel Credit each year you hold the American Express Qantas Ultimate Card. This Qantas Travel Credit can be used to book your Qantas flights online through American Express Travel.

Card Members who currently hold or who have previously held any Card product issued by American Express in the preceding 18 month period are ineligible for the 100,000 Qantas Points offer.

To save time before you apply for your Qantas American Express Ultimate Card, it’s best to make sure you can say yes to the following:

Medical emergency expensesCover up to $2,500,000
Public transport accidentCover up to $400,000
Trip cancellation and amendment Cover up to $12,500
Baggage, Money and DocumentationCover up to $10,0000
Travel inconvenience insuranceUp to $200 if your flight departure is delayed
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How the Qantas travel credit works

Qantas American Express Ultimate Primary Card Members are eligible for an annual $450 Qantas Travel Credit. The Qantas Travel Credit can be redeemed through American Express Travel Online on a single eligible travel booking for Qantas Flights (i.e. a QF flight number on your ticket) by selecting the Qantas Travel Credit when you checkout.

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World class service

Card doesn’t just look after things when you travel. There are also numerous features that make shopping and managing your account trouble-free.

Card Refund Cover American ExpressAmerican Express will credit your account if you’re refused a refund on an unused eligible item within 90 days of purchase
Card Purchase CoverRepairs or refunds eligible items if they are accidentally broken or stolen within 90 days of purchase.
American Express Online Fraud Protection GuaranteeYou won’t be held responsible for any unauthorised charges online as long as you notify us immediately upon discovery of the fraudulent transactions.
Emergency Card ReplacementThanks to the American Express global network of offices, they can usually get a replacement Card to you within 48 hours virtually anywhere in the world
Global Card supportYou can enjoy account assistance any time of the day or night
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Ready To Apply For The Amex Qantas Ultimate?

Receive 100,000 bonus Qantas Points when you apply online by 18 March 2025, are approved, and spend $5,000 on eligible purchases on your new Qantas American Express Ultimate Card within the first 3 months of your approval date. T&Cs apply. Available for new American Express Card Members only.

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