Important disclosure

American Express Australia Limited

American Express Qantas Ultimate Card

  • Apple, Google & Samsung Pay

Bonus Points

Receive up to 100,000 bonus Qantas Points

Receive 100,000 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

23.99%

p.a

Balance Transfer Rate

Not Applicable

Tags
  • Apple, Google & Samsung Pay
Purchase Rate

23.99%

p.a

Balance Transfer Rate

Not Applicable

Annual Fee

$450

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

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

$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

23.99%

p.a

Cash advance rate

Cash advance fee

Balance Transfer

Balance Transfer Rate

Not Applicable

Transfer Limit

Balance Transfer Fee

Overseas spending

Foreign Exchange Fee

3% on Amex

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

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
Specials
  • Bonus Points Receive up to 100,000 bonus Qantas Points
    Receive 100,000 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

Promoted credit cards

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Lower Purchase Rate
ANZ Banking Group Limited

Rewards Black

  • Apple, Google & Samsung Pay
  • Balance transfer

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

20.99%

p.a

Annual Fee

$375

Promoted

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National Australia Bank Limited

Qantas Rewards Premium Card

  • Apple, Google & Samsung Pay
  • Balance transfer

Bonus Points

70,000 Bonus Qantas Points. Offer applies to a new NAB Qantas Rewards Premium Card when you spend $2,000 on everyday purchases within 60 days*. Enjoy a reduced annual card fee (from $250 to $150) for the first year.
Purchase Rate

20.99%

p.a

Annual Fee

$150

for 12 months then $250 thereafter

Promoted

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Citi

Citi Prestige Card (Qantas Rewards Program)

  • Apple & Samsung Pay
  • Balance transfer
Purchase Rate

21.49%

p.a

Annual Fee

$749

Promoted

More Bonus Points
Commonwealth Bank of Australia

Ultimate Awards (Qantas Points)

  • Google Pay
  • Balance transfer
Purchase Rate

20.99%

p.a

Annual Fee

$420