American Express is offering 50,000 bonus Qantas Points1 for New American Express Card Members who apply for the Qantas American Express Ultimate Card by 1 July 2025.

A minimum spend of $5,000 in the first 3 months of approval is required to receive the bonus points. Terms & Conditions apply. New American Express Card Members only.

The American Express Qantas Ultimate Card is targeted towards Card Members who want to maximise the Qantas Points earned from spend on an American Express, as well as receive a range of travel-related benefits.

Cathay Pacific 777 First Class | Point Hacks
You can fly Cathay Pacific First Class for as little as 29,000 Qantas Points (Hong Kong to Taipei)

You’ll also receive:

  • a $450 Qantas Travel Credit3 each year to use when booking Qantas flights through American Express Travel;
  • two Qantas Domestic Lounge invitations as well as two entries to The Centurion® Lounge in Sydney or Melbourne each membership year4; and
  • a complimentary Qantas Wine Premium Membership5

Digging into the benefits of the Qantas American Express Ultimate Card

The Qantas American Express Ultimate Card is a competitive card in the premium card market and comes with a high points earn and generous benefits.

Card Details

CardQantas American Express Ultimate
Loyalty programQantas Frequent Flyer
Points earned from spend1.25 Qantas Points earned per $1 on eligible purchases
2.25 Qantas Points per $1 spent on selected Qantas products and services in Australia
0.5 Qantas Points per $1 at government bodies in Australia

After a total of 100,000 Qantas Points is earned in a calendar year, the everyday earn rate will change from 1.25 to 1 Qantas Point per $1 spent.
Points capNone
Travel benefits$450 Qantas Travel Credit each cardholder years³
2 The Centurion® Lounge entries each year⁴
2 Qantas Club lounge invitations each year⁴
Included insurancesMedical Emergency Expense Cover
Personal Accident Cover
Trip Cancellation and Amendment Cover
Travel Inconvenience Cover
Personal Baggage, Money or Travel Documents Cover
Card Purchase and Card Refund Cover (PDS)
Overseas transaction fee3% of the converted amount
Mobile walletApple Pay, Google Pay and Samsung Pay
Annual fee$450

Earning Qantas Points from spend

With the Qantas American Express Ultimate Card, you can enjoy uncapped Qantas Points earning potential for every dollar you spend on your Card, and it will sweep over your points to your Qantas Frequent Flyer account on a monthly basis, as you’d expect.

You’ll earn a solid 1.25 Qantas Points per $1 spent on most everyday purchases, plus earns 0.5 Qantas Points per dollar on government spend, uncapped.

If you find yourself booking several hundreds of dollars in Qantas flights on a regular basis, the additional 1 point per $1 on Qantas spend will quickly rack up to boost your Qantas Frequent Flyer balance.

After a total of 100,000 Qantas Points is earned in a calendar year, the everyday earn rate will change from 1.25 to 1 Qantas Point per $1 spent.2

Read the Point Hacks guide to American Express cards acceptance here.

$450 Qantas Travel Credit

This benefit gives Card Members $450 towards the purchase of a Qantas domestic or international flight through American Express Travel.

The Qantas Travel Credit3 is designed to give Card Members more flexibility than the return domestic flight previously offered and helps to directly offset the $450 annual fee.

You can access the Qantas Travel Credit after you have paid your annual fee and as long as your account is current and in good standing. Do note that if you do not use the entire credit in one booking, you forfeit the remaining balance, so try to save it for a booking over the value of $450.

You can use your Qantas Travel Credit for a Qantas flight in any class on any domestic or international flight

You’ll receive the credit each year you have your Card but you can use it to book travel into the future, e.g. if the credit expires on July, you can book travel for October.

As for points earn on the booking, the Qantas Travel Credit terms and conditions state:

Except for the $450 Qantas Travel Credit3 portion of your booking, any other amount charged to your Card as part of your booking will accrue Qantas Points in the usual way.

Customers can only book hotels, car hire or experiences if a Qantas flight is within the same transaction, i.e. Card Members will not be able to use their Qantas Travel Credit solely towards hotel, car or experience bookings.

As the taxes and fees on an award redemption using Qantas Points must be paid directly to Qantas through their website or over the phone and the Qantas Travel Credit is only available to use through the American Express Travel website, you cannot use your Qantas Travel Credit to pay the taxes and fees on an award redemption.

Note: You will need to use your annual $450 Qantas Travel Credit on a single travel booking of $450 or more on your eligible Card, made through American Express Travel Online. The Qantas Travel Credit can be redeemed for any eligible Qantas flight booked (i.e. a QF flight number on your ticket). Your booking will be charged in full to your Qantas American Express Ultimate Card and American Express will then credit $450 to your Account within 3 business days but may take up to 30 days. You will still receive your $450 Qantas Travel Credit each year, and your Travel Credit anniversary will remain the same. Click here for the full Terms & Conditions.

Qantas Club Lounge Melbourne
Qantas Club Melbourne

Lounge access

Card Members are eligible to receive two Qantas lounge invitations4.

You can access domestic Qantas Clubs, International Business Lounges (except at Los Angeles) and International (Premium) Lounges in Brisbane, Singapore, Hong Kong and London.

Qantas Domestic Lounge Invitations are valid for a single visit by one guest to a Qantas Club Lounge and must be used prior to their expiry

An important note is that in order to receive the Qantas lounge passes, you need to first make an eligible purchase with Qantas using the Card, which is defined as:

Qantas passenger airfares with a QF flight number purchased directly from Qantas Australia by you (or by a travel agent on your behalf) that appear on your Qantas American Express Ultimate Card statement as a Qantas transaction; Qantas Frequent Flyer and Qantas Club membership joining and annual fees; and Qantas Travel shop purchases.

So, basically, you must first purchase a Qantas flight or purchase a Qantas Frequent Flyer or Qantas Club membership before you can use your lounge passes. This excludes paying the taxes and fees on an award booking using this Card.

Two weeks after you do so, you’ll be sent an email and your two digital lounge passes will be attached to your Qantas Frequent Flyer account. You could then choose to transfer them to another Qantas Frequent Flyer member.

The full terms and conditions of the Qantas Club lounge benefit are available here.

Another benefit of the Qantas American Express Ultimate Card is access to The Centurion® Lounge in Sydney and Melbourne, with two complimentary passes also provided per calendar year4.

New American Express Lounge Sydney entrance
The Centurion® Lounge, Sydney

Card Members can bring their children into the Amex lounge for free (age 2-17) however additional guests over 17 may be subject to an entry fee. Unlike the Qantas lounge passes, you do not need to make an eligible purchase before receiving entry to this lounge.

Complimentary Qantas Wine Premium membership

Worth $99 a year, a premium membership to Qantas Wine5, food & champagne portal gives you a bonus 3 points per $ spent as well as free delivery.

Plus, paying for these purchases with this Qantas-branded card will earn you a total of 4.25 points per $ spent on Qantas Wine products (3 points as a Qantas Wine Premium member + 1.25 points for regular spend on this Card). It’s a bit weird that this doesn’t qualify as a purchase of a Qantas product or service, earning 2.25 points.

Note: After a total of 100,000 Qantas Points is earned in a calendar year, the everyday earn rate will change from 1.25 to 1 Qantas Point per $1 spent2.

American Express Plan It

American Express launched ‘Plan It’ in mid-2020, which allows cardholders to create instalment plans that allow for equal payments to be distributed over a 3, 6 or 12 month payment period. There is a monthly fixed fee to access this feature, with up to 10 Plan It plans with a minimum of $100 balance able to be created.

Insurances and other benefits

In the Travel Insurance bucket you’ll get Medical Emergency Expense Cover, Trip Cancellation and Amendment Cover, Personal Baggage, Money and Travel Documents Cover and Travel Inconvenience Cover when you pay for travel with the Card. Read the PDS here.

You’ll need to dig into the various PDS of these policies if you intend on relying on this cover to make sure they work for you.

This guide references some of the benefits of insurance policies provided with this card. You should read the PDS and obtain independent professional advice before obtaining this product.

Mobile wallet integration

American Express Cards work with Apple Pay®, Google Wallet™ and Samsung Pay, meaning you can use this card on your smartphone for easier payments.

Read the Point Hacks guide to using Apple Pay or for using Google Wallet and Samsung Pay, including instructions on how to add your American Express card to those services.

With this feature set up, it means you could still use your NFC-enabled phone to make purchases with your American Express account, even if your physical card is lost or stolen and pending replacement.

Eligibility criteria for bonus points for existing American Express Card Members

American Express are quite specific about whether existing Card Members will be eligible for bonus points if they apply for a card, are approved, and meet the minimum spend criteria.

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 this offer.

American Express don’t allow existing Card Members, even for different types of American Express cards (e.g. Charge, Credit or Business) to be eligible for bonus points offers for cards in a different family.

Frequently asked questions

Can you transfer Qantas Frequent Flyer Points to Amex?

No. Qantas Frequent Flyer points cannot be transferred to your Amex Rewards account, however, if you would like to earn Qantas points from your credit card spend, you will need to choose a Qantas Credit Card from American Express or alternatively, hold The Platinum Card or Centurion card.

What is a Qantas Travel Credit?

Card Members are eligible for a $450 Qantas Travel Credit3 every year. The Qantas Travel Credit can be redeemed for any Qantas flight booked (i.e. a QF flight number on your ticket) and paid online through American Express Travel in a single booking. Make sure to use your Travel Credit on a booking of $450 or more, otherwise, any unused portion is forfeited.

How do I use the American Express Qantas Travel credit?

Head to American Express Travel and make sure to log in to your American Express account using the ‘Log in’ button at the top-right of the page. When you reach the payment page after finalising your booking details, you will be provided with the option to use your Travel Credit as payment for the booking.

Is it worth getting an American Express card?

If you looking to earn rewards points from your everyday spend, then American Express cards offer some of the best earn rates in the market. Make sure to consult your accountant or financial adviser before applying for a card to ensure that you are choosing the best one for your financial situation.

Summing up: the Qantas American Express Ultimate Card

The Qantas American Express Ultimate Card is on the higher end for annual fees but does offer high points earn for the die-hard Qantas Points collector.

The Qantas Travel Credit each year is a useful bonus to offset the annual fee, and the lounge passes and complimentary Qantas Wine Premium membership top off a solid offer.


Terms & Conditions

^ Bonus & Eligibility.

Receive 50,000 bonus Qantas Points when you apply online by 1 July 2025, are approved, and spend $5,000 on eligible purchases on your new Card within the first 3 months from the Card approval date. Eligible purchases do not include Card fees and charges, for example annual fees, interest, late payment, cash advances, balance transfers, traveller’s cheques and foreign currency conversion This offer is only available to new American Express Card Members. If you previously held a David Jones American Express Card and have not held any other American Express Card(s) in the past 18 months, you will be eligible for the offer. All other Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited in the past 18 months are ineligible for this offer. Qantas Points are earned in accordance with and subject to the Qantas American Express Card Points Terms and Conditions. 50,000 bonus Qantas Points will be awarded to the eligible Card Member’s account 8-10 weeks after the spend criteria has been met. 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. The Qantas American Express Ultimate Card has an annual Card fee of $450. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer.

* Qantas Points.

You must be a member of the Qantas Frequent Flyer program to earn and redeem Qantas Points. A joining fee may apply. 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. Qantas Points and bonus Qantas Points are earned in accordance with and subject to the Qantas American Express Cards Points Terms and Conditions, and exclusions apply. Eligible purchases do not include annual Card fees, cash advances, interest, fees and charges for traveller’s cheques and foreign currencies – these do not earn Qantas Points. For the full list of exclusions, please refer to the Qantas American Express Cards Points Terms and Conditions. You will earn 0.5 point per dollar spent with Merchants classified as ‘government’, including the Australian Taxation Office, the Australian Postal Corporation (Australia Post), Federal/State and Local Government bodies, including where you use a payment account, payment aggregator, services of a third party or online retailers that sell goods for another merchant.

³ Qantas Travel Credit

Qantas American Express Ultimate Primary Card Members are eligible for an annual $450 Qantas Travel Credit, subject to the full Qantas Travel Credit Terms and Conditions at amex.com.au/qantasultimate-travelcreditterms. The Qantas Travel Credit can be redeemed through American Express Travel Online on a single eligible travel booking for Qantas Flights (i.e. a QF flight number on your ticket) by selecting the Qantas Travel Credit when you checkout. All Qantas Flight travel is subject to Qantas Conditions of Carriage. To redeem the Travel Credit, the full value of the Travel Credit (or more) must be charged to the eligible Primary Card. The Qantas Travel Credit can be used for 365 days from the benefit anniversary date and cannot be used past the expiration date. To check the expiration date of your Qantas Travel Credit if you have not already redeemed it, please visit americanexpress.com.au/travel; log in and click ‘Travel Credit’. If your booking is cancelled, and your Qantas Travel Credit has already been used and associated statement credit applied to your account, you will forfeit your annual Qantas Travel Credit benefit and American Express may reverse the statement credits issued. You need to be able to spend on the Card to access the Qantas Travel Credit benefit and it should be credited to your Card Account within 3 business days but may take up to 30 days. Your account must be in good standing and you must have paid the annual fee and minimum payment by the due date. If you cancel your Card, change your rewards program or Card type, you will no longer be eligible for the Qantas Travel Credit.

⁴ Airport Lounge Access

The Centurion® Lounge

Entry into The Centurion® Lounge is governed by the full Terms and Conditions available at amex.com.au/airportlounge. All entrants must adhere to the General Conditions of Entry. Qantas American Express Ultimate Card Members are entitled to a total of two (2) entries into The Centurion® Lounges in Australia per calendar year (1 January to 31 December). Complimentary access is available for the Card Member’s children 17 years and younger. Card Members wishing to bring additional guests may be subject to a charge that is to be processed on the Card Member’s American Express Card.

Qantas Club Lounge.

Provided you are a Qantas Frequent Flyer and have registered your Qantas Frequent Flyer number with your Qantas American Express Ultimate Card, you are eligible to receive two Qantas Club Lounge Invitations each anniversary year of your Card Membership after purchasing on selected Qantas products and services using your Qantas American Express Ultimate Card. Selected Qantas products and services are Qantas passenger flights with a QF flight number purchased directly from Qantas.com.au; Qantas Frequent Flyer and Qantas Club membership joining and/ or annual fees. Subject to Qantas American Express Card Points Terms and Conditions. Within 2 weeks of purchasing selected Qantas products and services, you will receive an email from Qantas confirming the Qantas Club Lounge Invitations are available for use. Login to the Complimentary Invitations Portal using your Frequent Flyer details to access your invitation, link it with an eligible Qantas flight booking or find out more information. Qantas Club Lounge Invitations are valid for a single visit by one guest to a Qantas Club Lounge and must be used prior to their expiry. Invitations are subject to the Qantas Club Terms and Conditions and are not valid for Qantas International First Class Lounges, the Qantas Chairman’s Lounge, Qantas Domestic Business and or oneworld® alliance partner or associated lounges. Qantas Club Invitations cannot be carried forward to any subsequent year and must not be sold, they may only be transferred as allowed by Qantas. Invitations may be revoked or withheld if your Qantas American Express Ultimate Card account is not in good standing, if the selected Qantas products and services are refunded in full or if you have not complied with these Qantas Club Invitation Conditions, the Credit Card Terms and Conditions or the Qantas Club Lounge Access Terms and Conditions.

⁵ Qantas Wine.

Qantas Wine Premium Membership and its benefits are subject to the Qantas Wine Terms and Conditions. To join or purchase from Qantas Wine, you must be a Qantas Frequent Flyer member aged 18 years or older and have an Australian delivery address. An annual Membership fee usually applies for Qantas Wine Premium Membership, but this will be waived so long as you continue to hold your Qantas American Express Ultimate Card. Complimentary joining gift is not available with this offer. Qantas Wine Premium Membership will be automatically applied within 2 weeks of Qantas Points being credited to your Qantas Frequent Flyer account from your first spend on your Qantas American Express Ultimate Card. You will receive email confirmation from Qantas about your Qantas Wine Premium Membership enrolment. Qantas Wine Premium members will earn 3 Qantas Points per dollar on qantas.com/wine. Liquor Act 2007: It is an offence to sell or supply to or to obtain liquor on behalf of a person under the age of 18 years. Licence Number: LIQP770016736.

Get 50,000 bonus Qantas Points + $450 annual Travel Credit with the Qantas American Express Ultimate Card was last modified: March 19th, 2025 by Daniel Sciberras