Card Reviews

Qantas American Express Premium Card

Earn 20,000 Qantas Points, 2 complimentary lounge passes, and enjoy exclusive travel perks with the Qantas American Express Premium Card.
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Immanuel Debeer12 Nov 2024
Sign up bonus: 20,000 Qantas Points
Sign up bonus: 20,000 Qantas Points
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Qantas American Express Premium Card
The Qantas American Express Premium Card offers 20,000 bonus Qantas Points, two complimentary lounge passes, and travel benefits for frequent flyers. With up to 1 points per dollar spent and access to exclusive perks, it’s a strong option for those who want to maximise their Qantas Points and enjoy premium travel experiences.
Qantas American Express Premium Card
5/5
Bonus Points
4/5
Earn Rate
3/5
Extra Features
4/5
Overall
Pros
Fantastic sign up bonus
Bonus Qantas Status credits
Great earn rate
Cons
Overseas transaction fee

Receive 20,000 bonus Qantas Points when you apply, are approved, and spend $3,000 on eligible purchases on your new Qantas American Express Premium Card within 3 months of Card Membership. T&C’s apply. Available to new American Express Card Members only.

Qantas American Express Premium Card

Qantas American Express Premium Card Overview

The 20,000 sign up bonus is available to new Card Members. If you’ve previously held an American Express Card, you could be eligible if your account was closed for 18 months or longer.

In addition to the 20,000 Qantas Points you receive 2 complimentary Qantas Club invitations and a Qantas Wine Premium Membership.

The Qantas American Express Premium Card earns 2 Qantas Points per dollar spent on Qantas products and services, 1 Qantas Point per dollar everywhere else with the exception of government bodies where the earn rate per dollar is 0.5 Qantas Points.

At Flight Hacks, we value 20,000 Qantas Points at $200 and the 2 lounge invitations at $100. This value proposition offsets the annual fee of $249.

Qantas American Express Premium Key Benefits

Qantas American Express Premium Card
Qantas American Express Premium Card
Sign Up Bonus20,000Bonus Qantas Points
Earn Rate1Qantas Points per $1
Welcome Offer20,000 Bonus Qantas Points
Earn RateUp to 1 Qantas Point per $1 spent uncapped
Lounge PassesTwo Qantas Club Lounge Invitations
55 Days Interest FreeUp to 55 interest free days to pay for your purchases
Annual Fee$249
Qantas Amex Premium credit card review

Qantas American Express Premium Card Overview

The 20,000 sign up bonus is available to new Card Members. If you’ve previously held an American Express Card, you could be eligible if your account was closed for 18 months or longer.

In addition to the 20,000 Qantas Points you receive 2 complimentary Qantas Club invitations and a Qantas Wine Premium Membership.

The Qantas American Express Premium Card earns 2 Qantas Points per dollar spent on Qantas products and services, 1 Qantas Point per dollar everywhere else with the exception of government bodies where the earn rate per dollar is 0.5 Qantas Points.

At Flight Hacks, we value 20,000 Qantas Points at $200 and the 2 lounge invitations at $100. This value proposition offsets the annual fee of $249.

Qantas American Express Premium Card Earn Rates

While most Visa & MasterCard Qantas cards have a capped earn rate (the number of points you can earn are limited) or offer earn rates below 1 point per dollar.

The Qantas American Express Premium Card offers a solid 1 point per dollar on everything (except government expenses such as ATO, Australia Post, council rates).

The Qantas American Express Premium Card also offers a bonus point on Qantas products and services. This means you will earn 2 points per dollar when you use your card to pay for Qantas flights and or other products and services sold by Qantas directly.

  • Qantas Products & Services: Earn 2 Qantas Points per $1 spent on eligible Qantas products and service (flights etc.)
  • Everyday Spending:Earn 1 Qantas Point per $1 spent on all other purchases excluding government bodies in Australia
  • ATO/Government: Earn 0.5 Qantas Points per $1 spent on government bodies in Australia
  • Points Cap:No points cap. Enjoy uncapped earning potential with no limit on the amount of Qantas Points you can earn
  • Boost Your Points: Earn points faster by adding up to 4 Additional Cards for family members or friends, at no extra fee
Qantas Lounge passes

Qantas Lounge Passes

The Qantas American Express Premium Card comes with 2 complimentary Qantas Club invitations each year you hold the Card. These invitations are digital and will allow you to visit Qantas Club lounges around Australia or when flying international, the Qantas Business Class lounges in Australia and abroad.

Lounge passes are assigned to your Qantas Frequent Flyer account after you first spend with Qantas using your Card. This can be when you purchase a Qantas flight or other services and products (such as carbon offset).

To use your lounge pass, you will need to link them to your Qantas operated flight online via the dedicated portal on the Qantas website.

Qantas wine membership

Qantas Wine Premium Membership

The Qantas Wine Premium Membership is worth $99 a year and comes with a few noteworthy perks (if you’re into wine). The Premium Membership allows you to earn a bonus 3 Qantas Points per dollar, which is in addition to the 2 points per dollar you will earn with your card. On top of that, Premium members receive free delivery which is a nice benefit.

One of our favourite perks about Qantas Wine is the “bonus points” category where you can often find some incredible deals. Keep in mind that if you are a Qantas Points Club Plus member, you will get an additional 10% discount! Qantas Points Club Plus is unlocked after you earn 150,000 Qantas Points, and yes the 20,000 sign up bonus from the Qantas American Express Premium Card counts towards this!

Amex Qantas Premium Insurance Benefits

The Qantas American Express Premium Card comes with a range of complimentary insurance benefits when you pay for travel with your card. The insurance covers you and your family but make sure to read the product disclosure before relying on any insurance product.

  • Medical Emergency Expenses Cover: Up to $2,500,000
  • Public Transport Accident Cover: Up to $200,000
  • Trip Cancellation and Amendment Cover: Up to $7,500
  • Extras Cover: Up to $5,000 cover for loss or damage to baggage, money or documents
  • Travel Inconvenience Cover: Up to $200 if your flight is delayed

Card Purchase Cover & Extra Features

Paying for items with your American Express card will not only earn you Qantas Points, but it will also help you protect your purchase! Here are some extra benefits you will be eligible for when you purchase something with your Qantas American Express Premium Card:

  • Card Purchase Cover, covering eligible stolen or damaged items purchased with your Card
  • Card Refund Cover, covering the cost of eligible items when a store refuses a return
  • Fraud Protection Guarantee, protecting you from unauthorised charges made on your account
  • Emergency Card replacement, for lost or stolen Cards to virtually anywhere in the world.
  • Plan It™ Instalments is a new feature of the Card that offers you a flexible way to pay off your Credit Card balance in equal monthly instalments, with 0% p.a. interest and a fixed monthly fee
  • Compatibility with Apple Pay, Samsung Pay and Google Pay, helping you check-out faster.

Eligibility & Bonus Points Eligibility

To be eligible for the 20,000 Qantas Bonus Points, you must be a new member or have had your American Express account closed for at least 18 months prior to your application. However, suppose you hold a supplementary card (meaning that a friend or family is the primary account holder and issued an additional card under your name). In that case, you are eligible for the sign-up bonus since you are not the primary account holder.

Before applying for the Qantas American Express Premium credit card, make sure you can say yes to the following:

  1. I have no history of bad debt or payment default
  2. I am aged 18 years or over
  3. I am an Australian citizen or permanent resident or hold a long term visa

Qantas Amex Premium In Conclusion

With a sign-up bonus of 20,000 Qantas Bonus Points, the Qantas American Express Premium Card is a no-brainer and a considerable value proposition with an annual fee of just $249.

Ready to apply? Click here to apply via American Express online.

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