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Qantas American Express Ultimate Credit Card Overview

Unlock 50,000 Qantas Points, lounge passes, and $450 travel credit with the Amex Qantas Ultimate!
Tom Goward
Tom Goward06 May 2026
Earn 50,000 bonus Qantas Points
Earn 50,000 bonus Qantas Points
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Review: Qantas American Express Ultimate
The Qantas American Express Ultimate Card delivers strong value, with a solid welcome bonus and a competitive earn rate of 1.25 Qantas Points per $1 on everyday spending, increasing to 2.25 points per $1 on eligible Qantas purchases. The $450 annual fee is effectively offset by the included $450 Travel Credit if fully used. Additional perks include lounge passes and travel insurance.
American Express Qantas Ultimate Credit Card
2.5/5
Bonus Points
4/5
Earn Rate
4/5
Extra Features
3/5
Overall
Pros
Fantastic everyday earn rate
$450 travel credit
Travel insurance coverage
Solid sign up bonus
Cons
High annual fee
High spend for bonus
3.5% FX fee

The Qantas American Express Ultimate Card is, as the name suggests, the ultimate Qantas Points-earning credit card! Right now, the Qantas Amex Ultimate comes with 50,000 bonus Qantas Points.

That's 50,000 bonus Qantas Points when you apply online by 28 July 2026, are approved, and spend $5,000 on eligible purchases on your new Qantas American Express Ultimate Card within the first 3 months from your approval date. T&Cs apply. New Amex Card Members only.

The Qantas American Express Ultimate Card can send your points balance skyrocketing, with an extremely competitive earn rate of 1.25 Qantas Points per dollar spent on everyday purchases. You will also receive 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 Amex Ultimate also comes with 2 complimentary Qantas Club lounge invitations after your first eligible Qantas spend, plus 2 invitations to The Centurion Lounge, and a $450 Qantas Travel Credit each year you hold the Card.

Of course, these benefits do come at a cost, with an annual fee set at $450. That said, the annual fee is brought down to well below zero once you factor in the value of 50,000 Qantas Points, $450 Qantas Travel Credit and complimentary airport lounge passes.

Qantas Amex Ultimate Key Benefits

Welcome Bonus

Earn 50,000 bonus Qantas Points when you apply online by 28 July 2026, are approved, and spend $5,000 on eligible purchases on your new Qantas American Express Ultimate Card within the first 3 months from your approval date. T&Cs apply. New Amex Card Members only.

2.25 Qantas Points per $1on selected Qantas products and services in Australia
1.25 Qantas Points per $1on eligible everyday purchases
0.5 Qantas Points per $1at government bodies in Australia
Annual Travel Credit$450 Qantas flight credit redeemable for Qantas flights
Point Earning CapAfter 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.
Qantas Club Lounge AccessTwo Qantas Club Complimentary Lounge Invitations each year after you first eligible Qantas spend
Centurion Lounge AccessTwo complimentary entries into The Centurion Lounges in Australia per calendar year
Qantas Wine Membership

Complimentary Qantas Wine Premium Membership (valued at $99/year), offering 3 Qantas Points per $1 on wine purchases and free delivery within Australia. Exclusions apply.

Flight Hacks

Where Can 50,000 Qantas Points Take Me?

The signup bonus can unlock anything from a quick domestic getaway to a premium international experience. Here are three standout ways to use the current 50,000 bonus Qantas Points that come with the Qantas American Express Ultimate Card.

1. Business Class To Fiji Island Paradise

Fly from Sydney to Fiji in Fiji Airways Business Class for around 43,600 Qantas Points + taxes.

Enjoy a premium experience from the moment you arrive at the airport, with lounge access, priority boarding, and lie-flat Business Class seats on Fiji's flag carrier

2. Emirates Business Class Across The Tasman

Did you know Emirates operates flights between Sydney and Christchurch, New Zealand? Best of all, a Business Class ticket costs just 46,000 Qantas Points + taxes.

This is a fun way to experience Emirates’ premium cabin on a shorter 3-hour 40-minute flight, with full-service dining, spacious seating, and lounge access included.

3. Four Person Gold Coast Getaway

A practical option for a family trip or travelling with friends. Use your points for four Jetstar Economy tickets one-way from Melbourne to the Gold Coast.

You'll need a total of 44,000 Qantas Points + taxes. That's 11,000 Qantas Points per person.

Flight Hacks

Card Fees & Details

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

Mobile paymentsEligible for use with Android Pay, Apple Pay and Samsung Pay
International Transaction Fee3.5% 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

$450 Annual Travel Credit

You will enjoy a $450 Qantas Travel Credit each year you hold the Qantas American Express Ultimate Card.

It’s worth noting that the Travel Credit must be redeemed through the Amex Travel portal and applies only to eligible Qantas flights, which may limit flexibility. That said, the annual fee is also set at $450, meaning the Travel Credit can effectively offset the cost of holding the card, provided you use it each year.

Flight Hacks

Travel Insurance Coverage

The Qantas American Express Ultimate Card offers a range of complimentary travel insurance cover, designed to offer peace of mind against common travel risks. While you will need to meet certain eligibility criteria to activate Amex travel insurance, it's a premium inclusion that could reduce the need to purchase separate insurance, and therefore reduce out-of-pocket costs.

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 $100,000
Travel inconvenience insuranceUp to $200 if your flight departure is delayed

World Class Service & Protection

This 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
Flight Hacks

Eligibility Criteria

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 special welcome bonus of 50,000 Qantas Points.

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.

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 (12 months or more and does not include a student visa)
Credit scoreHave a good credit history and no payment defaults

Ready To Apply For The Amex Qantas Ultimate?

Earn 50,000 bonus Qantas Points when you apply online by 28 July 2026, are approved, and spend $5,000 on eligible purchases on your new Qantas American Express Ultimate Card within the first 3 months from your approval date. T&Cs apply. New Amex Card Members only.

Click here to apply online via American Express.

Disclaimer

Flight Hacks is a commercial partner of American Express and may receive a small commission when you apply via our links. This allows us to continue publishing travel hacks, deals and guides that you can read for free. Thanks for your support! ✈️

Terms & Conditions

Bonus & Eligibility:


To earn 50,000 bonus Qantas Points you must apply online by 28 July 2026, be approved, and spend $5,000 or more on eligible purchases on your new Card within the first 3 months from the Card approval date. Eligible purchases do not include Card fees and charges, for example annual fees, interest, late payment, cash advances, balance transfers, traveller’s cheques and foreign currency conversion. 50,000 bonus Qantas Points will be awarded to the eligible Card Member’s account 8-10 weeks after the spend criteria has been met. This offer is only available to new American Express Card Members. Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited in the past 18 months are ineligible for this offer. Qantas Points are earned in accordance with and subject to the Qantas American Express Card Points Terms and Conditions. Qantas Frequent Flyer membership and the earning and redemption of points are subject to the Terms and Conditions of the Qantas Frequent Flyer program available at qantas.com/terms. $450 Annual Card Fee applies. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer.

Qantas Wine T&C

Delivery is subject to the Qantas Wine Terms and Conditions and available within Australia only (exclusions apply).

Qantas Wine Premium Membership and its benefits are subject to the Qantas Wine Terms and Conditions. To join or purchase from Qantas Wine, you must be a Qantas Frequent Flyer member aged 18 years or older and have an Australian delivery address (exclusions apply). Your premium membership will be valid for as long as you continue to hold your Qantas American Express Premium Card. Qantas Wine Premium Membership will be automatically applied within 2 weeks of Qantas Points being credited to your Qantas Frequent Flyer account from your first spend on your Qantas American Express Premium Card. You will receive email confirmation from Qantas about your Qantas Wine Premium Membership enrolment (excludes NT members). Liquor Act 2007: It is an offence to sell or supply to or to obtain liquor on behalf of a person under the age of 18 years. Licence Number: NSW LIQP770016736, SA 57900154, NT IRL0201. Qantas Wine is operated by Qantas Frequent Flyer Operations Pty Limited ABN 22 132 484 210.

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American Express Qantas Ultimate Credit Card
Qantas American Express Ultimate
Sign Up BonusEarn 50,000bonus Qantas Points
Earn Rate (up to)2.25Qantas Points per $1
Subscribe to our newsletter
American Express Qantas Ultimate Credit Card
Qantas American Express Ultimate
Sign Up BonusEarn 50,000bonus Qantas Points
Earn Rate (up to)2.25Qantas Points per $1
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