• expired

American Express Qantas Ultimate Card - 100,000 Bonus Qantas Points ($450 Annual Fee w/ $450 Qantas Travel Credit)

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This deal is back. Unfortunately I still have 6 months left on my 18 month period :(

Receive 100,000 bonus Qantas Points when you apply online by 14 April 2020, are approved and spend $3,000 on your new Card within the first 3 months. T&Cs apply. New Card Members*.

Minimum Annual Income: $65,000
Annual Fee: $450

Offer Expires: April 14th 2020

*Bonus & Eligibility: 100,000 bonus offer is only available to new American Express Card Members who apply online for the Qantas American Express Ultimate Card by 14 April 2020, are approved and spend $3,000 on eligible purchases on their new Card in the first 3 months from the Card approval date. This is a limited time offer which may be withdrawn or changed at any time without notice. Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited, in the preceding 18 month period are ineligible for the bonus Qantas Points offer. Eligible purchases do not include cash advances, interest, balance transfers, fees and charges for traveller’s cheques and foreign currencies. Qantas Points are earned in accordance with and subject to the Qantas American Express Card Points Terms and Conditions. Please allow 8 to 10 weeks after you have met the spend criteria for the 100,000 Qantas Points to be credited to your Qantas Frequent Flyer account. 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. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer.

Referral Links

Business Explorer Card: random (4)

Referrer: 40,000 Reward Points

Centurion Personal Charge Card: random (7)

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

Related Stores

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closed Comments

  • +26

    I'd suggest people who do apply used a referral link as a fellow ozbargainer will get a points bonus. It is the same deal for using a referral.

    • Looks like they increased the referral bonus from 40k to 60k points per referral. Valid until 22nd April

      • where can I find a referral?

        • Referral links below the original post.

          Or did you want to get your unique referral link to refer others?

          • @firestint: I saw those but they are for David Jones cards only yeah? What about referrals to the Qantas Ultimate card

    • So just to clarify, the referer and referee both get 60k extra points?

      • +1

        no the referer get 60k and referee gets 100k

        • +1

          That is a hefty bonus for a referer

        • do you get referral points + bonus 100k points?

    • So i forgot to click through with a referral link. Is it possible to send an email to amex with a referral link and get it added after the fact?

      • It won't affect you since the referee receives 100k regardless

        • I know, but the referrer is my parter :) So i want her to get the points

  • +4

    Please note that although it states "Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited, … are ineligible for the bonus Qantas Points offer" this has not been applicable in the past if the only card you held was a David Jones Amex or Westpac Black/Platinum Amex.

    But always double check with live chat if this still applies

    • I just called a rep, can confirm Westpac Amex does not count. I told the rep I couldn't remember when I closed my Amex account so I wasn't sure of my eligibility. She looked at my account, and said that I was eligible based on my Westpac being a bank issued card and therefore excluded and it had been >18 months since I cancelled my previous Amex card.

      I cancelled a Westpac Platinum 12 months ago, and the Qantas Ultimate 19months ago.

  • +1

    I still have 6 months left on my 18 month period :(

    Does this mean you are getting one for the sign up bonus and then cancelling it in order to get a new one in 1.5 years? That sounds like a lot of hassle. And you are not earning points in those 1.5 years.

    • +13

      This is why you churn through cards throughout the year to ensure you're maximising the points. On average, I go through 4 different cards a year to obtain the sign-on bonus + everyday transaction points. By the time you cycle around the following year (provided you cancel it after the points are credited), you will be eligible to sign on again as a new customer. Rinse and repeat! :)

      • -1

        This can't be good for your credit rating…

        • +9

          Of course it’s not good for your credit rating but ask yourself how often are you taking out a mortgage or a personal loan?

        • +7

          it has very little impact on your credit rating unless you do it to ridiculous levels. Not that your credit rating actually means much in Australia anyway.

        • +2

          Ive been churning for nearly three years , have easily accrued over half a million QFFs and credit rating has steadily increased (mid 800s now) I dont have a lot of money but I pay for everything with the card and religiously pay it off straight away.
          We are off to the Gold Coast for the weekend later this month , flights up on Amex $450 voucher , hotel pretty much half price thanks to Velocity points , then QFF to get home.

          • +1

            @WonderboyJim: Wow you pay for hotels using airline points? How are the conversion? Would have thought it'll be bad.

            • @nightelves: The rate varies. It can be quite good.

            • @nightelves: It was with my girlfriends Velocity points. She gets them from coles shopping. We used about 20k points and it brought the hotel down from $120 ish a night to about 70 something I think - for two nights! Theres always a bit to pay, same with the Qantas flights , you still pay taxes of $30 each per trip.

        • +1

          It can actually improve your rating!

        • +4

          Exactly what gromit said - little impact unless done at ridiculous levels. My credit rating is hovering just above 800 (inclusive of my credit card applications + 2 mortgages). Every card I apply for, my wife applies for the same so we can truly reap the benefit.

          As a result, we're heading overseas at the end of March with the flights redeemed via Qantas FF. 2x First Class tickets from Sydney to London via Singapore on Qantas + 2x First Class tickets from Paris to Sydney via Dubai on Emirates.

          • +1

            @daiguren: Did you do round the world first class awards redemption or just straight redemption?

            • @nightelves: Straight redemption.

              • @daiguren: Wow must have cost more than doing round the world on awards redemption.

                • +1

                  @nightelves: Easier to book however….

                • @nightelves: Haha, I wouldn't know. I'm sure a round the world trip with points in economy would have been easy (high availability). Business/First Class - not so much. There isn't an abundance of seats available throughout the year, particularly if people are after specific travel dates (and if you're only after traveling on specific airlines!).

                • @nightelves: You can't book Emirates flights on the round the world first, which is one of the better first class services especially on the A380. Also the rtw is notoriously hard to find availability for and most people can't take the amount of time required to make it truly worth it (at least 2 months imo).

                  • @spiff: yes it is a lot of effort to do it, takes research, time and more important a great deal of itinerary flexibility when booking and ability to book 10-11 months in advance. their are lots of good tricks to finding the available seats like signing up to other international airlines like BA so you can use their search for various legs etc.

                    • @gromit: From what I've researched the Business RTW is a lot easier to book than the First RTW but you still need to have a lot of flexibilty and time as you mentioned. Looking at photos and videos of Qantas and BA First Class it doesn't look much better than the Business Class on Singapore/Emirates A380 so to me, flying First on those airlines isn't worth the points.

                      • @spiff: it is definitely better than business, the room in the first class is amazing, used points for first class 2 years ago for my US/Canada japan trip. My wife was able to join me in my first class seat for dinner at my table. I am also just over 6 foot 4 so I notice the extra space probably a lot more than most as business is still quite cramped for me with the bed not long enough and the shoulder room inadequate.

                        • @gromit: Awesome, which airline?

                          • @spiff: for the dinner in my seat with wife. That was actually Qantas leg from Sydney to Dallas.

                            • -1

                              @gromit: Can definitely see how being taller even business class isn't enough height. Basically the only time it pays for me not to be tall :D

                              • +1

                                @spiff: yep, flights are one of the times I am truly envious of those with normal size shoulders and average height. It really sucks when even Business class is pretty damn uncomfortable, I can't even sleep flat on the flat beds due to the stupid head/shoulder area that is too narrow (though still light years ahead of economy where I find I usually struggle to walk afterwards due to my knees being hard against the seat in front.)

                                • @gromit: You can probably see why I'm picky with first class redemptions then since space isn't an issue at 5 10. The experience in Emirates FC was surreal but totally an over the top indulgence and would rather spend future points in business. With the exception of Singapore Airlines and FC suite which will probably take like 8 years to save up for considering the scarcity and devaluation of VFF points.

                                  • +1

                                    @spiff: yep even with the extra room I usually would not spend the extra points of first class either. But we did have to at least try it for one holiday and we had a couple of million points so still plenty left afterwards :-)

      • I'm interested to know exactly what is involved with chruning. Do you guys have specific examples at all? At the moment, i'm hesitant to give up my ANZ travel rewards card as it gets me a free domestic flight per year.. and i only pay $45 per year as the card fee is included within my mortgage with ANZ. I've actually really liked the card, but have always been worried about 'ruining' my credit rating too. I am looking at purchasing a property within the next year, so don't want a silly credit card affecting that either.

        If i can travel first class anywhere from points, that would be amazing. I also don't have too much of a spend on my current credit card. If anyone could PM me with some more information, or just reply, that would be great! Thanks!

        • You can keep the ANZ Travel Adventures card as long as you are going to keep using the domestic flight each year. I say this for 3 reasons. 1) The bonus that comes with churning that particular card is Velocity points which is generally harder to earn than Qantas points. 2) Velocity redemption on Krisflyer (which is Velocitys best affiliate airline) has been devalued so not only is it hard to earn Velocity points but they're worth less, and 3) if you want to fly first Qantas points are better for redemption in terms of availability and value (for Emirates first class), even though they were also devalued recently. It should be easy to find cards to churn for QFF. ANZ frequent flyer, st George amplify, NAB signature, this Amex card are some of the better options available at the moment. It's up to you to decide what joining offers are decent value to you as you'd be hard pressed to find any deals with no annual fee these days. Start a spreadsheet to track opening and close dates, spend requirements etc.

          • +1

            @spiff: Thanks for your reply. So how many credit cards would one have at a time and how quickly would you cancel? Do people only sign up to a new credit card if there is a $0 first year fee and a decent amount of sign up points?

            The thing I also like about the ANZ travel rewards card is the no international fees.. It has seriously come in handy. I also love taking advantage of the free domestic flight. I have flown somewhere new in Australia each time. I try to choose expensive flights too e.g. Perth, Uluru and Darwin.

            • +1

              @kimba88: How many credit cards at a time is dependent on how many spend requirements you can meet simultaneously. So it could mean you're running two offers at the same time if you have planned expenditure coming up. Like I said, there are hardly any $0 annual fee deals these days. I used to refuse to pay any annual fee and had a couple of quiet years in terms of churning but have since succumbed to the new reality. For me, I wouldn't consider any card above $150 annual fee (unless there are other benefits like a free domestic flight or travel credit) and I'd want at least 80k points for that kind of annual fee. But the value threshold is up to you to determine.

              I also held the ANZ TA card for a few years to use the domestic flight but then realised I was taking that flight more out of obligation than need, and if collecting points is your priority, the 40-80k Velocity points that come with the ANZ TA is really handy. This will just mean taking that domestic flight every second year instead of every year.

            • @kimba88: Thanks for the insight guys. It helps. I'm trying to figure out approximately how many points would be required for a flight upgrade of business/first class. I'm assuming it's a lot more than 80000 points.

              In regards to deals, I can't figure out which deal is better https://www.ozbargain.com.au/node/474918 the westpac one has a lot more upvotes though.

        • +1

          For me I keep one card which happens to be with my main bank, then every 12 months I cancel my other cards and pick up another two, whichever gives me the best sign up benefits. I ensure the cards I know I will churn I never use for subscriptions or automatic payments so that cancelling is relatively painless. currently I have ANZ and Qantas and will be cancelling both next month after I get back form holiday to pick up whatever works out best next. I have been doing this for years, it has had ZERO impact on my credit rating, currently listed as 865 with Experian.

          So I generally have 2 or 3 cards at a time. One which I never change simply because it costs me nothing with my bank due to wealth package and has good benefits like travel insurance etc. then the other 2 I regularly churn. I keep a spreadsheet of when I signed up and cancelled so I know when to cancel and when I am eligible for the signup bonus again.

    • +5

      Yep - welcome to the world of churning. No point for me in paying the annual fee for the minimal points I'd earn either.

  • When do you get the $450 QANTAS travel credit?

    • +2

      You can use the travel credit straight away through their travel site and can only book Qantas flights.

      • I wonder if you book a classic reward seat, if you can use the travel credit to pay for the taxes part??

        • +4

          Nope you can only book paid flights on their travel portal.

    • +2

      It has to be used in one transaction and booked through AMEX travel. So it is really $450 off a flight.

    • +2

      2ppl Mel to Gold Coast was $440 for reference. Same to Canberra , probably a little cheaper to Sydney but not much. All prices are full price so its pretty hard to find a good deal. My year is up next month , I wont be renewing.

      • Yeah I think the travel credit is pretty scammy. You have to use their booking system and certainly no access to good value fares. In some cases it looks like it's more expensive via AMEX travel than Qantas website.

        • It generally is , but not horribly so. The gold coast tickets Ive just bought would be more than 300 even through cheaper methods. so essentially the credit car annual fee is $150 , and for an amex , which gives lounge entry and a few discounts here and there is still pretty cheap.

    • I have got this card before. Last time the credit did not arrive until after the first statement (i.e. when you pay the $450 annual fee)

  • +8

    They occasionally do 120k deals.
    I've signed up to this for first time Oct 2019.
    The 450 credit is quite limited, with some inflated qantas prices, and needs to be used in one booking
    Good points earner, esp with amex offers now and then though

  • +1

    Not sure if this is the same deal which i signed up for a while back but the credit is actually to use through the AMEX travel site. Slightly annoying if you want to use points plus the credit to book something.

  • +1

    i used those credit last time to buy a return ticket, it was around $550 out of pocket, but then if you book direct from the airline, whole ticket was also around $550 only.

  • Wasn't this 120k points a couple months ago?

    • -1

      It was due to this and it's still running. Just follow through.

      • yeah nah I got 120k in Nov last year and wasn't a first time cardholder.

    • That offer finished in November 2019 and it's rarely higher than 100,00. If my 18 months was up I wouldn't be waiting around hoping to see the same 120,000 offer again. Better to act now and start earning points and perhaps even referral credits.

      • Says 31 March 2020 for me.

  • Hi OP, please state annual fee $450 is required

  • +1

    18 Months is way too long :(

    Imagine all the amex offers you'll miss along the way..

      • +2

        You can churn through other banks' cards but the 18 month Amex restriction is long for what it is. You will definitely miss out on quite a few Amex perks.

        • +1

          you might get more than 100k points worth of value over the 18 months but it's going to be a bigger pain in the ass.

  • +1

    Literally just signed up for this before the deal came up, any chance they can change it?

    • Highly unlikely.

    • Same here; ah well :(

    • when did this deal come up? I just applied on Tuesday!

  • -6

    Amex is the absolute worst.
    The worst customer service of any bank.

    They put 2 credit infringements for a $100 purchase that I wasn't aware of (after I stopped using the card) on my profile because I chose not to give out my personal information when they called me.

    • +8

      Surprising - I churn through the credit cards and have probably dealt with 10 different financial institutions - AMEX is easily the best customer service. Never even have to sit on hold trying to call!

      • +1

        i had to solve two issues with amex..and it could be done via online chat..they were great 10/10, so far the best to deal with

    • What are credit infringements?

    • +19

      'Amex is the absolute worst.
      The worst customer service of any bank.'

      Clearly you have never dealt with Citi Bank.

      In my experience AMEX is far better than any other financial institution to deal with.

      • +6

        Just hearing the words Citi Bank sends chills up my spine. Every card and precious bonus point is a battle with them. Totally agree that Amex is #1

      • +1

        As long as you don't screw up…

        "Among financial services providers, American Express applied to make 119 people bankrupt, more than 10 times the number made bankrupt by the big four banks combined in the past financial year."….

        • Fair. If you cannot service your debts then don’t get a credit card.

      • Can confirm Citibank is the worst, their support line are the most clueless and dumbest support reps i've ever dealt with.

        • I found Citi better than Westpac!

  • How often do Amex velocity deals come around?

    • One expired yesterday. 100k velocity points and free return flight. $395 annual fee.

      • +1

        I think I saw that one actually. The return flight is a bit bogus for me since it didn't allow Melb->Perth. Thanks for reminding me.

      • If you're referring to the Amex Velocity Platinum that annual fee is $375, not $395.

  • Does the income of $65k include rental income and dividends

    • +1

      Yes. AMEX are very generous in their assessments.

      • +2

        And very trusting too, didn't even ask for proof of income when I applied and was approved instantly on the spot!

        • +1

          'didn't even ask for proof of income when I applied and was approved instantly on the spot'

          This has happened to me as well.

  • +1

    Any other cards with a big sign on bonus? Looks like NAB is the only option and Qantas but Qantas is giving it as 20k on a monthly basis (wit h minimum monthly spend). Can’t be bothered for monthly targets. Apart from NAB Is there anything else ?

    • +1

      ANZ Frequent Flyer Black 120k QFF points sign on bonus

      • +1

        ANZ rewards travel is worth getting if you're after Velocity points. Free domestic return tickets pretty much pay for the annual fee..

        • Also the lounge entry… One of the best value cards on the market.

      • Sorry should have mentioned it before. Currently have a Qantas Amex and ANZ black. Closing AmEX in a week And AnZ in July. NAB was closed last July so not eligible for any at the moment lol. Need to book some flights next month. So thought of getting a new one. Waiting for a St George promo. Haven’t had it for almost 3 years now… I think they were amplify platinum and they gave 80k points… They were really good with the lounge passes as well (I mean the process). Thanks for the suggestion though..

  • Anyone know if you can get a refund on the annual fee if you don't use the free flight?

    • +1

      Very unlikely. They're counting on you not using the benefits after all.

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