Qantas Ultimate Card

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Basic

Card Level
Card Level
Premium
Interest Free Days
Interest Free Days
44
Maximum credit limit
Maximum credit limit
$50,000
Minimum credit limit
Minimum credit limit
$3,000
Minimum repayment dollars
Minimum repayment dollars
$30
Minimum repayment percent
Minimum repayment percent
2.5
Number free supplementary
Number free supplementary
4
Annual Fee
Annual Fee
$450
Late Payment Fee
Late Payment Fee
$30
Over limit fee
Over limit fee
$15
Duplicate statement fee
Duplicate statement fee
$10
Supplementary card annual fee
Supplementary card annual fee
$0
Apple Pay available
Apple Pay available
Google Pay available
Google Pay available
Samsung Pay available
Samsung Pay available
Card Level
Card Level
Premium
Interest Free Days
Interest Free Days
44
Maximum credit limit
Maximum credit limit
$50,000
Minimum credit limit
Minimum credit limit
$3,000
Minimum repayment dollars
Minimum repayment dollars
$30
Minimum repayment percent
Minimum repayment percent
2.5
Number free supplementary
Number free supplementary
4
Annual Fee
Annual Fee
$450
Late Payment Fee
Late Payment Fee
$30
Over limit fee
Over limit fee
$15
Duplicate statement fee
Duplicate statement fee
$10
Supplementary card annual fee
Supplementary card annual fee
$0
Apple Pay available
Apple Pay available
Google Pay available
Google Pay available
Samsung Pay available
Samsung Pay available

Rates

Purchase Rate
Purchase Rate
20.74%
Cash advance rate
Cash advance rate
Purchase Rate
Purchase Rate
20.74%
Cash advance rate
Cash advance rate

Balance Transfer

Balance Transfer Rate
Balance Transfer Rate
0%
for 12 months then 20.74%
Transfer Limit
Transfer Limit
70%
of the chosen credit limit
Balance Transfer Fee
Balance Transfer Fee
$50
Balance Transfer Rate
Balance Transfer Rate
0%
for 12 months then 20.74%
Transfer Limit
Transfer Limit
70%
of the chosen credit limit
Balance Transfer Fee
Balance Transfer Fee
$50

Overseas spending

Foreign Exchange Fee
Foreign Exchange Fee
3% on AMEX
Overseas charges
Overseas charges
Estimated ATM Cost
Estimated ATM Cost
Foreign Exchange Fee
Foreign Exchange Fee
3% on AMEX
Overseas charges
Overseas charges
Estimated ATM Cost
Estimated ATM Cost

Rewards

Program name
Program name
Qantas Frequent Flyer
Rewards Available
Rewards Available
Gift Card, Domestic Flights, International Flights
Program name
Program name
Qantas Frequent Flyer
Rewards Available
Rewards Available
Gift Card, Domestic Flights, International Flights

Eligibility

Minimum age
Minimum age
18
Minimum income
Minimum income
$65,000
Eligibility conditions
Eligibility conditions
Minimum age
Minimum age
18
Minimum income
Minimum income
$65,000
Eligibility conditions
Eligibility conditions

Earn Rates

RateCard TypeEarnsCondition
3 points for $1 spentAMEXuncappedQantas eqiQure Purchases
2.5 points for $1 spentAMEXuncappedQantas products and services in Australia
1.5 points for $1 spentAMEXuncappedall other eligible purchases
0.5 points for $1 spentAMEXuncappedgovernment bodies

Perks

  • Special EventsComplimentary Qantas epiQure Premium Membership
  • Free Domestic Travel InsuranceAvailable when you use your card to pay for return domestic travel
  • Free International Travel InsuranceAvailable when you use your Card to pay for return international travel
  • Free Travel Insurance DaysCover lasts for the shorter of 183 days per year or 180 consecutive days or when you return to your usual place of residence
  • Purchase ProtectionCovers up to $2,500 per item and $20,000 per year with a $50 excess within 90 days of purchase
  • Free Supplementary CardsSupplementary cardholder must be over 18 years of age
  • Airport LoungeUp to two American Express airport lounges and two Qantas Club lounge entries per year
Other Benefits
Complimentary $450 Qantas Travel Credit available each year
Other Restrictions
Cash Advance not available

Features

The American Express Qantas Ultimate Card offers a moderately low number of interest-free days, with a high-interest rate and a high annual fee.

As a cardholder, you’re able to earn Qantas points that are redeemable for travel. In addition to reward points, the card provides annual travel credit and airport lounge access.

When you pay for travel costs using your card, you will receive complimentary insurances for yourself and your family.  

Your purchases and payments are safeguarded by a range of security features, including refund, purchase and online fraud protection.

There are 0 per cent balance transfers available for up to 12 months, and provision for additional cardholders. However, each person on the account must be at least 18 years old.

The American Express Qantas Ultimate Card is compatible with Apple Pay, Samsung Pay and Android Pay.

Pros
  • Complimentary travel insurance
  • Airport lounge access
  • Free additional cardholders
Cons
  • No cash advance facility
  • Late payment fee charged
  • High annual fee

 

Who is it good for?

The American Express Qantas Ultimate Card would benefit existing members of the Qantas Frequent Flyer program.

A requirement of the card is that you must be a Qantas Frequent Flyer member to earn and redeem Qantas points. 

This card may also appeal if you’re a frequent flyer and prefer to use credit over cash for purchases and payments.

The card has no cap on how many points you can earn and rewards you with bonus points for every additional cardholder you sign up.

Complimentary benefits such as travel insurance and global emergency card replacement and support are aimed to make business and holiday journeys more secure.

If you’re a foodie, another perk of the American Express Qantas Ultimate Card is free Qantas epiQure premium membership.

Qantas epiQure offers members a range of wines, spirits and gourmet foods that can be purchased online.  

What RateCity says

For a high annual fee, the American Express Qantas Ultimate Card provides Qantas Frequent Flyer members the opportunity to earn unlimited Qantas points.

It gives cardholders a range of extras such as complimentary travel insurances, access to the American Express Airport and Qantas Club lounges, and travel credit each year.

The credit card also provides free membership to Qantas epiQure, which might appeal to lovers of fine wine and food.

The security features of the card aim to ensure the card is protected whenever and wherever it’s used.

If you’re not much of a traveller or have no desire to earn Qantas points, this card may not be the best option for you.

It’s worth noting the American Express Qantas Ultimate Card has no cash advance facility. If that’s an important feature of a credit card, you may want to consider another product. 

Applying/eligibility

To be eligible for the American Express Qantas Ultimate Card, you need to be at least 18 years old. You also need a gross (pre-tax) annual income of $65,000 or more. You must be an Australian citizen, permanent resident or hold a current business long stay visa (subclass 457), and have no history of bad debt or payment defaults. To apply you will need your existing American Express card number available (if applicable), driver’s licence details and information regarding employment.

About American Express

American Express, also known as Amex, is an American multinational financial services corporation that was founded in 1850. It’s headquartered in New York City’s World Financial Centre and is an issuer of American Express cards. American Express provides merchant card transaction acquiring facilities and arranges insurance services issued by various third parties. The company claims to be one of the world’s most trusted brands and strives to provide a world-class service and personal recognition for its customers.

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