Important disclosure
American Express Qantas Ultimate Card
Bonus Points
Receive up to 60,000 bonus Qantas PointsReceive 60,000 bonus Qantas Points when you apply online, are approved, and spend $3,000 on your new Card within the first 3 months. T&Cs apply. New Card Members only.
Purchase Rate
Purchase Rate
23.99%
p.a
Balance Transfer Rate
Balance Transfer Rate
Not Applicable
Purchase Rate
23.99%
p.a
Balance Transfer Rate
Not Applicable
Annual Fee
$450
Promoted credit cards
Promoted
Rewards Black
Bonus Points
180,000 extra ANZ Reward Points and $150 back to your new ANZ Rewards Black credit card when you spend $3,000 on eligible purchases in the first 3 months from approval.*Purchase Rate
20.49%
p.a
Annual Fee
$375
Promoted
Frequent Flyer Black
Bonus Points
Earn 110,000 bonus Qantas Points and $100 back to your card when you spend $5,000 on eligible purchases in the first 3 months from approval.*Purchase Rate
20.49%
p.a
Annual Fee
$425
Pros and cons
For Qantas Ultimate Card
Benefits
- Rewards Available through Qantas Frequent Flyer
- Extra 60,000 points subject to eligibility conditions
- Ability to convert large purchases into instalment plans
- Apple Pay, Google Pay and Samsung Pay available
- Domestic travel insurance
- International travel insurance
- Free supplementary cards
- Special events
- Airport lounge
- Purchase protection insurance
Drawbacks
- Higher than average ongoing variable purchase rate
- Higher than average ongoing annual fee
- No balance transfer
American Express Rate Credit card overview
For Qantas Ultimate Card
Details
Card Level Premium | Card Type AMEX |
Interest Free Days Interest Free Days 44 | Minimum monthly repayment 2.5% or $30 |
Minimum credit limit $3k | Maximum credit limit $50k |
Free supplementary cards | Instant Approval |
Target Market Determination Visit American Express Australia Limited to view Target Market Determination. |
Fees
Annual Fee Annual Fee $450 | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $30 |
Over limit fee $15 | Duplicate statement fee $10 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate Purchase Rate 23.99% p.a |
Cash advance rate |
Cash advance fee |
Balance Transfer
Balance Transfer Rate Balance Transfer Rate Not Applicable |
Transfer Limit |
Balance Transfer Fee |
Overseas spending
Foreign Exchange Fee 3% on Amex |
Overseas charges Overseas charges |
Estimated ATM Cost - |
Rewards
Program name Qantas Frequent Flyer |
Rewards Available Gift Card, Domestic Flights, International Flights, Flight Upgrades, Qantas Shop, Qantas Hotels |
Eligibility
Minimum age 18 |
Minimum income $65k |
Eligibility conditions |
Residency |
Earn Rates
| Rate | Card Type | Earns | Condition |
|---|---|---|---|
| 2.25 points for $1 spent | AMEX | uncapped | Qantas products and services in Australia |
| 1.25 points for $1 spent | AMEX | uncapped | all other eligible purchases |
| 0.5 points for $1 spent | AMEX | uncapped | government bodies |
Perks
- DOMESTIC TRAVEL INSURANCE Available when you use your card to pay for return domestic travel
- INTERNATIONAL TRAVEL INSURANCE Available when you use your Card to pay for return international travel
- FREE SUPPLEMENTARY CARDS Supplementary cardholder must be over 18 years of age
- SPECIAL EVENTS Complimentary Qantas Wine Premium Membership
- AIRPORT LOUNGE Up to two American Express airport lounges and two Qantas Club lounge entries per year
- PURCHASE PROTECTION INSURANCE Covers up to $2,500 per item and $20,000 per year with a $50 excess within 90 days of purchase
- Bonus Points Receive up to 60,000 bonus Qantas PointsReceive 60,000 bonus Qantas Points when you apply online, are approved, and spend $3,000 on your new Card within the first 3 months. T&Cs apply. New Card Members only.
Other Restrictions
Cash Advance not available
