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American Express Qantas Ultimate Card - 100,000 Bonus Qantas Points & $200 Back ($450 Annual Fee w/ $450 Qantas Travel Credit)

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Receive 100,000 bonus Qantas Points plus $200 back when you apply by 4 January 2021, are approved and spend $3,000 within 3 months of Card Membership. Available to new Card Members only

Annual Fee $450 p.a.
Interest Rate 20.74% p.a. on purchases
Interest Free Period Up to 44 days
Minimum Income - $65k or more

EARN QANTAS POINTS
Earn up to 1.25 Qantas Points per $1 spent on everyday purchases, except spend at government bodies in Australia where you will earn 0.5 Qantas Points per $1 spent4. Earn 2.25 Qantas Points per $1 spent on eligible Qantas products and services
$450 ANNUAL QANTAS TRAVEL CREDIT
Receive a $450 Qantas Travel Credit to use on eligible domestic or international Qantas flights each year when booked through American Express Travel.
AIRPORT LOUNGE ACCESS
Enjoy two complimentary American Express Airport Lounge entries, plus two Qantas Club Lounge invitations each year after purchasing select Qantas products and services.
ADDITIONAL CARDS AT NO EXTRA COST
Earn more Qantas Points with up to 4 Additional Cards for family members or friends, at no extra fee.

Terms-
Receive 100,000 bonus Qantas Points and $200 statement credit when you apply online by 4 January 2021, are approved, and spend $3,000 on your new Card within the first 3 months from the Card approval date. 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 preceding 18 month period are ineligible for the bonus Qantas Points and Statement Credit offer. Eligible purchases do not include cash advances, interest, 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. 100,000 bonus Qantas Points and $200 Statement Credit will be awarded to the eligible Card Member’s account 8-10 weeks after the spend criteria has been met. Card Members who opt in to receiving payment alerts, may receive a payments received email once the $200 Statement Credit has been applied to their account. The Statement Credit is not redeemable for cash or other payment form. The Statement credit will not be applied to your account if it has been suspended or cancelled. The Statement Credit may be reversed if your qualifying purchase is refunded or cancelled. 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 (2)

Referrer: 40,000 Reward Points
Referee: 110,000 Rewards Points with $3,000 spend in 3 months

David Jones Card: random (21)

Referrer: 15,000 Reward Points
Referee: 25,000 Reward Points with 3 purchases outside DJ in 1 month

Related Stores

American Express
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closed Comments

  • +2 votes

    Is this better than the explorer card?

    • +2 votes

      Depends on what airline miles you’re chasing.

  •  

    What is the minimum credit limit?

    •  

      $3000

      • -2 votes

        That's the minimum spend amount to be eligible for the bonus points, the minimum credit limit on application of the card is $6,000.

  • +13 votes

    Good card that i've held for the last few years but finding it very hard to justify applying for or wanting to keep due to:
    - The drying up of good AmEx spend deals(eg Harvey Norman spend $300, get $100 credit etc.)
    - Lowering of points earn rate(from 1.5 to to 1.25points/$)
    - The relative inability to maximise the use of the $450 flight credit(considering you're restricted to using it only on Qantas flights and through the AmEx Travel portal, which in these times of uncertainty on border restrictions and cancellations which could happen to anywhere at a moments notice, is just a hassle to co-ordinate refunds and changes through a third party)

    • +5 votes

      Sucks that the Qantas travel credit has to be book via Amex Travel portal.

      •  

        I booked flights pre COVID using the portal - actually much cheaper than the Qantas website for trans Tasman travel.

        •  

          Nice. I might look into it. Thanks.

    •  

      Really good summary that I'd agree with. It's a great card, but the benefits associated with it are falling which is probably why they're offering this deal at the moment. Am on the fence of whether to get it again or not as had initially cancelled it to churn.

  • +12 votes

    Wow, 100K points and 200 off the annual fee via cashback. I think that's the best deal I've ever seen for this card.

  •  

    Any expiry on the qantas travel credit? Might be worthless for people in some states.

    • +1 vote

      12months and cannot bring forward to next year cycle (starting from date of card activation)
      Also, the credit can only used to book tickets via the AMEX Travel website and must be a Qantas flight (so not even Jetstar)

      From my experience, the ticket price in AMEX travel website is the RRP of the ticket fee
      so it can be more expensive if there are some promotions running on Qantas website

      •  

        When I booked mine this year I certainly had access to most of the discounted rates (though at a slightly higher price). The lockin to purely Qantas flights is a bit painful but as I travel a lot it is pretty easy just to use.

  •  

    Anyway to validate that you are eligible for the offer (due to the 18 months rule) before applying?

    • +3 votes

      Call up 1300 132 639
      I just confirmed over the phone when I'm eligible again

  •  

    I think this got 2 Amex lounge access as well

    "Enjoy two complimentary American Express Airport Lounge entries7, plus two Qantas Club Lounge8 invitations each year after purchasing select Qantas products and services."

    • +2 votes

      yes, 2 AMEX lounge access
      and 2 Qantas Club invites (you will receive the invites once you have booked Qantas flight using this AMEX card)

      •  

        That reminds me of another fairly recent change to this card too(I think sometime last year)-In order to receive the Qantas lounge invites, you now need to actually book a QF flight direct with Qantas(not using the $450 travel credit on the AmEx portal). This change no doubt was to close the loophole on people previously buying Qantas products in the form of ~$1 carbon offsets from the Qantas shop and that transaction triggering the eligibility of the invites to be issued.

        I hardly fly on Qantas let alone book direct and pay to them so this change is another one that is making the card less appealing to my circumstances.

        • +2 votes

          What I normally do is to use the $450 credit to buy the ticket to the destination
          and use the card to buy the return trip from Qantas website

          But I do agree that this card is less attractive atm
          given that:
          1. AMEX cashback is not that good compare to previous years
          2. Most state and international borders are still closed

          Hopefully by early next year at least state borders are reopened
          and some domestic flights can be resumed

          •  

            @littlesoldier: I considered that but the fare difference on the return leg would almost always be much higher then competitors, well over the value of lounge invites(~$60 for both), making it more worthwhile to then buy invites from the classifieds forum and stick with buying a return ticket. Only time I would have considered going down that route is where flying a route that only Qantas service.

        •  

          Wonder if the one world award flight is counted.

  •  

    Hope this gets extended or returns. I only qualify on 19 Jan 2021!

  •  

    Having a Qantas Premier Platinum card shouldn't exclude you from this deal since this one is Amex issued right?

    Edit: From T&Cs:
    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 preceding 18 month period are ineligible for the bonus Qantas Points and Statement Credit offer.

    So it should be ok.

    •  

      Qantas premier platinum is through Citibank. Completely different from Amex, so there's no exclusion there.

  •  

    Isn't the other card better, 80000 points for $49 with the cashback?

    •  

      This one comes with $450 Amex credit as well - other one doesn't

    •  

      If you are going to use all the $450 Qantas Travel Credit, I would say this deal is better. In this way, you're not $49 out of pocket at the end of the day. But $200 up. Plus an extra 20000 points.

      •  

        it's $250 credit, and I'm sure the flights of the Amex travel booking link are more expensive than anything you get during a sale.

        It can be had, and used for some good discounts on hotels though. I personally won't be flying much over the next 12 months, I think is too risky with the ongoing shutdowns etc

        80k for $49 sounds pretty good to me.

        •  

          I'm not sure why people are saying the fares through amex travel are more as when I've had to use it the prices have been the same as Qantas.

          Yes there may be some issues in their system but from personal experience I haven't had these issues with pricing. Could be an issue with the systems picking up different fare classes based on the criteria selected, might also be good to use multi city option to make sure it selects the correct fare types

        •  

          This deal is $450 credit.

          Like the commenter below, I found amex travel to be sometimes better priced than all others. But not all the time.

          But paying $249 upfront instead of $450 is definitely appealing

  •  

    what is the annual income requirement?

    •  

      Minimum Income - $65k or more

  • +1 vote

    Does anyone know if the Westpac bundled Amex Black from a couple of years ago counts as an "Amex issued card"?
    Only cancelled that ~12 months ago - my previous Amex explorer card was cancelled >2 years ago.

    • +2 votes

      No, Bank issued AMEX card it doesn't count

    • +1 vote

      Any amex card through banks will count.

      • +1 vote

        https://www.pointhacks.com.au/american-express-points-offer-...

        If I hold a bank-issued American Express card from Westpac, NAB, ANZ or CommBank, can I earn the sign-up bonus on a card directly issued by American Express?

        Yes, remember that the policy only applies to existing holders of American Express-issued cards—if you only hold an American Express issued by a bank such as Westpac or NAB, that won’t affect your eligibility for points bonuses.

  •  

    Can it be used in conjunction with refer a friend link? anyone has an idea?

    • +1 vote

      I have just checked
      Seems the referral link is still showing 65000 points
      and no $200 cashback
      Better apply from the promo link IMO

      •  

        Thanks a lot maybe it is just not updated yet,

        Previously it worked for me.

        wait and see :)

  •  

    This is prob a stupid question but can you use the $450 credit for accommodation? Ie it’s not a flights only thing?

    • +1 vote

      only qantas flights

    •  

      Unfortunately not. The credit can only be used for Qantas flights booked via Amex Travel website. In addition, the credit also cannot be applied to Jetstar flights booked via Amex.

    •  

      Last time ( about 2 year ago) I was also able to use the travel credit to book hire car but only from Amex travel website

    •  

      Thanks guys, this means I’m out.

  •  

    The 44 days kills it for me. But I do wonder the trend for premium cards to be 44 days. Once upon a time Citi Prestige had 55 days before it was brought down to 44 days.

    Not sure the logic as these sort of cards tend to be higher spent cards so why pissing people off?

  • +1 vote

    Thanks OP! I've just cleared the 18-months so applied - just in time for Christmas!

  •  

    does Amex still assess based on household income ie if my wife is just under but i'm well over they assess both our incomes? Been about 2yrs since we applied for an amex and that's how she go this card last time.

    •  

      I think it’s personal income these days.

  • +1 vote

    Qantas points significantly less valuable now vs pre-covid if you intend to use them to redeem business or first class flights, not only due to near term travel restrictions but a big degradation of first and business class offerings globally as airlines retire their luxurious a380s and permanently ditch first class

    • -2 votes

      as airlines retire their luxurious a380s and permanently ditch first class

      Says who?

      https://samchui.com/2020/11/14/the-2020-emirates-a380-first-...

      •  

        Some of the older planes in fleets have been retired, but quite a lot of planes are in storage for the time being. As demand at the start will be a bit lower, I do expect when everything opens up again there will still be good availability on flights as long as you book ahead of time.

  •  

    Is there a foreign transaction fee on this premium card?

    •  

      Absolutely there is.

  •  

    If I am a supplementary amex card holder will I still be eligible for this deal?

    •  

      Yes you are! As long as you haven't been the primary account holder for the last 18 months.

  •  

    Not had a good run with 2 AMEX applications last 6 months or so (declined "you dont meet criteria" but they cant/wont tell me any details), but I will give this another crack as it's a good offer. According to the eligibility requirements, I meet them all comfortably (and have had bank issued AMEX cards in the last 3-4 yrs)

    Anyone have any thoughts/experience on the below? Just trying to learn more about the way the process works to improve my chances of successful applications in future :
    - This time, i have no active CC from any other provider (had Citi VISA on prev 2 attempts - cancelled 2 months ago) - I imagine this would make a difference as i no longer have the credit limit from that CC to contribute?
    - It seems having mortgage repayments (not rent repayments) would be considered more of a liability?
    - any idea how they consider/care about the 'expenses' value?
    - if my wife is not employed / no income (at home with toddler+infant), is this a bad thing for the applicant's credit consideration?
    - when asked if i wanted the 'max credit limit', i said 'no', and chose $5000 (seems $3000 is minimum) .. any thoughts on whether this manual change should make any difference?
    https://www.americanexpress.com/content/dam/amex/au/staticas...

    That's all i can think of for now. Curious for comments please!

    Anyway, i applied, and now told 5-10days for outcome… which i think is same response i received last time (When i was unsuccessful)
    (also, CreditSavvy says my repayment history is 100%, and 'excellent' rating, for what it's worth)

    •  

      I also got the 5-10 days wait for the card, so not sure what will happen! Previously cancelled my amex card (from memory, it was instant at application).
      Didn't receive an email or anything yet to confirm the application though.

      I assume with expenses, they would look at your serviceability - e.g., net income less mortgage payments, other living expenses, and a % of total card limits (e.g., 2%).

      •  

        i just got an email from them "We've received your Card application", and again it mentions 5-10 days to "review your application" .. searching my emails, all prev AMEX application attempts (that were unsuccessful) have had the same email received.. at this stage, I am not confident :) Hoping for a better outcome though, purely on the fact that i have no other CC active this time around .. !
        I reckon your assumption is right too…. I have tried to be honest with the values i provided, they are not high.. and all combined come in well below my monthly salary.

        Fingers crossed ….

        •  

          I work for another bank - there is most likely some sort of logic that will auto decline an application that fallls within X months of another failed application, so that could be the reason it declines + you should also be conscious of not applying again for a while.

          •  

            @concatenate: hmm that's an interesting thought, thanks for sending. It had not occurred to me…. ironically, if i knew that, i'd obv stop applying ;) As it is, if that is the case, I'm unknowingly hitting my own chances of success! And i assume there's no way of finding out what 'X' is…
            From my email history, attempts were today, early Sept, and May

            •  

              @swampson: I think you could ring up and ask though - for my bank (and several others), it's 6mos. Also the reason why you won't get a very clear answer on your decline is because there often isn't one single reason - each bank will have their own criteria / risk threshold, which looks at things like your salary, expenses, behaviours, aligns them with a multiplier then calculates a 'score' - your application is approved if the score is within a certain range, etc.

              The people on the phone can say what factors go into consideration but they won't be able to tell you how anything was weighted - they simply aren't given that information. Hope that's helped.

    •  

      just got an email "need to verify your income and expenses - final few details - just one more step. Call us back"
      So that is different to what I've had in past application attempts.
      See what happens…

      •  

        boo - declined (again)
        she says "wait for a letter that will give you more information"
        Those letters just say the same thing "you weren't successful", and dont explain much more about why.

        Anyway, that's that!

        •  

          If you don't mind, what's your mortgage like? I am about to apply and I have a mortgage too.

        •  

          How many cc did you apply for in thelast 3-4 months? I got decline from Amex last time and they told me I applied for one too many cc within a short space of time.

          •  

            @nightelves: 2 - both AMEX (direct thru them)
            I dont know what the situation is really - as i wrote above, it was May, Sept and yesterday.

            •  

              @swampson: I suppose you can always write in and ask what was the reason for the decline. It might just be that you missed a payment or something.

  •  

    David Jones cards are AMEX issued?

    • +2 votes

      DJ AMEX card doesn't count too

      https://www.pointhacks.com.au/american-express-points-offer-...

      If you currently hold or have held almost any American Express card in the past 18 months, then you are not eligible for the sign-up bonus on another American Express card.

      However, does not apply to David Jones or Corporate American Express cardholders; if you are an Additional Card Member; or if you hold the Westpac Altitude Black American Express companion card.

  •  

    Decent deal. But I find Amex cards a bit harder to spend. I mostly achieve the minimum spends on these on council rates, strata etc. But very rarely do they accept Amex… and if they do, they slug a heavy convenience fee…

    •  

      Pay bills using Paypal from Australia post billpay site(add Amex card in paypal)

      That's how I pay all my bills including electricity, gas and council rates.

  •  

    Can you sell the $450 travel credit?

    • +1 vote

      Not directly - what's happened for me previously is that the person has found the flight they wanted, paid me the difference (if any) and I booked it. Essentially you are selling a booking.

  •  

    Do they offer 0% interest on balance transfers for X months?

  •  

    Probably a stupid question but can I pay my rent with a credit card? Moving out soon and see it as an opportunity to maximise credit spend in short time.

  • -1 vote

    Beware from my last experience, Amex does get accepted at half of the places…

  •  

    Got the card when there was only 100k points but no cashback… feels so salty now haha.

  •  

    How do I sell the $450 travel credit?

    The only way I see is that the person interested finds a flight on the amex travel website and then I login to make the booking. I get paid the difference if any.

    Any alternatives?

    •  

      try classifieds or family

  •  

    Do I need to register and pay 99 dollars for Qantas frequent flyer membership if I sign up for this card?

  • +1 vote

    Yays! Approved, first cc. 144k income. No mortgages. About 3k spend expenses p month. Received the same "wait 5-10 days to process your application etc etc " but as soon as i lodged my details they approved next business day

  •  

    Can anyone confirm that i can use the $450 travel credit for 2 people on the one booking? i.e. Say booking Melbourne to Brisbane $240 return pp means I can use the $450 travel credit to cover both flights and pay the remaining $30?

    • +1 vote

      Yes can book for 2 and pay excess amount

  •  

    If I apply today but application is approved post 4th Jan will I still be eligible for the bonus points?

    Also contemplating which is a better deal, this or the ANZ FF Black

    •  

      Best way would be to call them and check. But sometimes they approve within a day.

      •  

        Thanks, just called to clarify and the application date is considered so as long as it gets in by tomorrow the bonus points will apply even if approved past 4th Jan :)

        Now to decide between this and the ANZ FF offer!

        • +1 vote

          Wouldn't this be better because of the $450 Qantas travel credit AND the $200 credit statement?

          •  

            @nightelves: You're right, I've overlooked the $450 travel credit (despite the conditions attached), this does come across as the better deal compared to ANZ :)

  •  

    No sure why but I seem to be having a bad run with Amex. Cannot seem to get approved even though they are one of the easier institutions to get approval for.

  •  

    I got approved straight away after the 60 second credit check. Is this normal? Seems too fast to be a good thing…

    •  

      they are usually very quick. imo, best financial institution to deal with for credit card.