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Up to 50,000 QFF Points with Qantas AMEX Ultimate Card. Large Annual Fee ($450)

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Up to 50,000 QFF Points with Qantas AMEX Ultimate Card. Large Annual Fee ($450)
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cashless on 12/11/2013 - 09:34 americanexpress.com (198 clicks)

T's and C's are on the link, but here's some things to be aware of:
Need to pay $450pa for card:(
Need to earn over $65k per annum :(

The 50,000 Qantas Points offer is only available to new American Express Card members who apply via the online application form by 31 January 2014, are approved and make the required eligible Card spend(s). Card members who currently hold or who have previously held any other Card product offered by American Express Australia Limited in the preceding 12 month period are ineligible for this offer.

Points are awarded as follows:
•5,000 points after your first purchase on the Card
•42,500 points after you spend $500 on purchases on your Card within the first 3 months of becoming a Card member
•2,500 points after your first Card spend on selected Qantas products and services in Australia

Referral Links

Business Explorer Card: random (3)

Referrer: 40,000 Reward Points

Centurion Personal Charge Card: random (7)

Referee gets 200,000 MR points. Referrer gets 150,000 MR points.

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closed Comments

  • Coley on 12/11/2013 - 09:37
    +3

    It says the annual fee is $450 and the supplementary card annual fee is $0.

    Where does it says you get a $0 annual fee?

    • No on 12/11/2013 - 09:38

      I think the OP missed that bit.

  • leslie knope on 12/11/2013 - 09:38
    +1

    This card most definitely does NOT have no annual fee - "$450 annual Card fee"
    The $0 refers to a supplementary card "$0 annual Card fee per Supplementary Card5 so you can earn more points"

    • No on 12/11/2013 - 09:47

      Doesn't make it a bad deal as such… if the free return flight is easy enough to book and you travel Perth to anywhere or reverse its actually a very good deal.

  • AussieMark on 12/11/2013 - 09:41

    Damn got excited, till annual.fee 450

  • cashless on 12/11/2013 - 09:44

    Sorry - poor reading on my part.
    Deal edited.
    Perhaps should be withdrawn, unless someone thinks $450 for 50k QFF's is a deal?

    • rekabkram on 12/11/2013 - 09:48

      From memory qff points are worth between .25cents each and 1cent each depending on what you want to use them on.

      So this deal is $125-$500 worth of qff points for $450 annual fee and a credit card.

      • Trance N Dance on 12/11/2013 - 09:57
        +2

        From memory, if you ignore the QFF store the points are worth anywhere between 1-3 cents each and possibly 4-5. To a flyer this could actually be decent, but then after the first year this card would be a PITA.

    • Coley on 12/11/2013 - 09:54

      It is not a deal, as this offer has been around for quite a while and is the normal pricing.

  • anna10 on 12/11/2013 - 09:44

    I got a free Amex card that gave only 7K points start up, but is still 1 point per dollar spent. have a hunt around as the special offers pop up periodically.

    No, I don't think it's a good deal. 6 months ago I also got 50K points on $250 annual fee card which will be cancelled when 12 months up.

    There's one on line at the moment that incl a free flight. It's particularly useful for people departing from Perth. Annual fee 195 plus 10K points:

    http://www.americanexpress.com/australia/campaigns/edgeplati…

    • justtoreply on 12/11/2013 - 11:57

      That card is $99 if you are a member of IEaust.

  • branners on 12/11/2013 - 09:50

    Could still be reasonable value, depending how you spend the points.
    Presumably you and a partner could get a card each, meet the spend requirements and each bag 50,000 points. Used in one hit, that is enough for an upgrade to Biz Class on, say, a Syd-LAX flight. Currently the fare is about $1k in Economy and $10k Biz.

    • Smigit on 12/11/2013 - 09:57

      I haven't read the T&C, but I'd have assumed the bonus points apply only to the first card, not both individually.

  • quaddie on 12/11/2013 - 09:59

    This is not a deal, it's the standard signup bonus for this AMEX and has existed for years. You should also mention that you get a free domestic economy class return flight with Qantas (between certain capital cities http://www.americanexpress.com/australia/campaigns/ultimatef…?).

    • cashless on 12/11/2013 - 10:04

      Yeah - just got excited when I saw 50k points.
      Teach me to read the T's & C's properly - an object lesson in Ozbargaining.

  • leslie knope on 12/11/2013 - 10:16
    +1

    If you're looking purely at the sign up bonus, there's better value out there:

    Earn 40,000 points with Macquarie Visa Platinum Card. Reduced annual Card fee of $99 for the first year

    Earn 40,000 points with ANZ Frequent Flyer Platinum credit card. Total annual fee of $295

    Earn 35,000 points with HSBC Platinum Qantas Credit Card. Annual fee of $199

    • SuiCid3 on 12/11/2013 - 10:26

      Agreed. The Macquarie Visa Platinum has the best value sign up points.

  • holdenmg on 12/11/2013 - 10:28
    +1

    I'm just throwing this idea out there, but if I had $450, I wouldn't need a Credit Card. lol

    • ExtremeDavo on 12/11/2013 - 10:47
      +1

      Just throwing it out there, I'd rather the $450 in my pocket/bank to spend on what I want.

  • miq on 12/11/2013 - 10:46

    ALso worth noting the T&Cs say its for new Amex cardholders only.

  • davicta on 12/11/2013 - 11:42

    Can't you just cancel the card before the annual fee anyways?

    • coxymla on 12/11/2013 - 11:55

      Nope, unless the first year is free which this one doesn't have.
      Annual fee is charged as soon as you activate the card.

  • tg on 12/11/2013 - 12:39
    +1

    Paying $450 annual fee is against the Ozbargain spirit.

  • Kamsi on 12/11/2013 - 14:56
    +1

    450 bucks wow, I'm a bit stress out with my amex that charges me $145 :)

    No thanks.

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