Offer ends: 5 May 2026
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Annual Card Fee is $450. Offer available to new American Express Card Members only. T&Cs apply.
Card Overview
Earn 70,000 bonus Qantas Points in Year 1 with the Qantas American Express Ultimate Card when you apply online by 5 May 2026, are approved, and spend $5,000 in the first 3 months. Plus, 30,000 bonus Qantas Points in Year 2 after minimum of $1 spend on the Card within 90 days of paying the Year 2 Annual Card Fee.
Key Attributes
Earn
Qantas Points per $1
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
2.25 Points
on selected Qantas products and services in Australia²
1.25 Points
on eligible everyday purchases²
0.5 Points
at government bodies in Australia²
Travel Benefits
Travel Credit
$450 Qantas Travel Credit each year³
Qantas Club Lounge
2 Qantas Club lounge passes each year⁴
The Centurion® Lounge
2 The Centurion® Lounge entries each year⁴. Only available in Melbourne and Sydney.
Travel Insurance
Complimentary Intl. Travel Insurance⁶. Terms, conditions, cover limits and exclusions apply (such as a maximum age limit of 79 when travel is purchased and a pre-existing medical condition(s) exclusion). Read full PDS here.
Points Cap
No
After 100,000 Points earned in a calendar year, everyday earn rate is 1 Point per $1, uncapped².
Annual Fee
$450 p.a.
ATO Points
Yes
0.5 Points per $1²
Overseas Transaction Fee
3%
of the converted amount
Interest-free Period
Up to 44 days
Purchase Rate
23.99% p.a.
Cash Advance Rate
N/A
Why Choose This Card
What makes this card stand out is how well it balances everyday Points earning with genuine travel value – giving frequent travellers meaningful perks rather than hard-to-use extras.
– $450 Qantas Travel Credit each year³: Use this credit towards Qantas flights and other travel booked through American Express Travel.
– Four complimentary lounge passes each year⁴: Access Qantas lounges in Australia and internationally with 2 Qantas Club Lounge passes, and the Sydney and Melbourne American Express® Centurion Lounges with 2 Centurion Lounge passes.
– Complimentary international travel insurance⁶: Cover for trip cancellations, delays, accidents and baggage when you pay for your trip with the card (PDS). Terms, conditions and exclusions apply (such as maximum age-limits, pre-existing medical conditions and cover limits).
We also appreciate the uncapped Points earning and quick online application, which takes less than 10 minutes. Plus, with American Express now accepted by more merchants across Australia, it’s easier than ever to make your everyday spend count.
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.
Where could 100,000 Bonus Qantas Points take you?
You could redeem them for the following:
Extra Benefits
Complimentary Insurance
Complimentary Insurance⁶: Medical Emergency Expense Cover, Personal Accident Cover, Trip Cancellation and Amendment Cover, Travel Inconvenience Cover, Personal Baggage, Valuables, Money And Travel Documents Cover, Card Purchase and Card Refund Covers (read full PDS here)
Qantas Wine Membership
Complimentary Qantas Wine Premium Membership (valued at $99 per year)⁵
American Express is offering up to 100,000 bonus Qantas Points1 for New American Express Card Members who apply for the Qantas American Express Ultimate Card by 5 May 2026.
The bonus is split into two parts, with the first 70,000 bonus Qantas Points to be received after spending a minimum of $5,000 on eligible purchases within the first three months of approval and an additional 30,000 bonus Qantas Points when you spend min. $1 on your Card within 90 days of paying the 2nd year annual Card fee. T&Cs apply. New 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.

You’ll also receive:
- a $450 Qantas Travel Credit3 each year to use when booking Qantas flights through American Express Travel;
- two Qantas Club Complimentary Lounge Invitations after eligible Qantas spend 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
| Card | Qantas American Express Ultimate |
| Loyalty program | Qantas Frequent Flyer |
| Points earned from spend | 1.25 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 cap | None |
| Travel benefits | $450 Qantas Travel Credit each cardholder years³ 2 The Centurion® Lounge entries each year⁴ 2 Qantas Club lounge invitations each year⁴ |
| Included insurances | Medical 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 fee | 3% of the converted amount |
| Mobile wallet | Apple 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’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.

Lounge access
Card Members are eligible to receive two Qantas Club Complimentary Lounge Invitations after eligible Qantas spend4.
You can access domestic Qantas Clubs, International Business Lounges (except at Los Angeles) and International (Premium) Lounges in Brisbane, Singapore, Hong Kong and London.
The Qantas Club Complimentary 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.

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 complimentary delivery within Australia (exclusions apply).
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.
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.
Eligibility Criteria
These are the minimum requirements to be eligible to apply for this Card. Other additional eligibility criteria, such as proof of income, will generally be required later on.
-
Be aged 18 years or over
-
Be a permanent Australian resident or a non-permanent resident with more than 12 months remaining on your visa
-
Have a good credit history and no payment defaults
-
To be eligible for the bonus offer, you must not hold, or have held, any American Express® Card issued in Australia in the past 18 months
Frequently Asked Questions
How does the $450 Qantas Travel Credit work?
Each year, you receive a $450 credit to use on Qantas-marketed flights and other travel expenses booked through American Express Travel in a single transaction. Read more here.
Who is eligible to receive the bonus Qantas Points offer?
New Card Members who haven’t held a card issued by American Express Australia in the past 18 months and who meet the minimum spend requirement.
What lounge benefits are included with the American Express Qantas Ultimate?
You receive two Qantas Club invitations each year (after an eligible Qantas purchase) plus two Centurion Lounge entries for use in Sydney and Melbourne.
Does this card include travel insurance?
Yes – this Card has domestic and international insurance⁶ for you, your partner and your dependent children, when you pay for your return trip on your Card. Terms, conditions, and exclusions apply (such as maximum age-limits, pre-existing medical conditions and cover limits). Read full PDS here.
What can I use the sign-up bonus Points for?
You can use your Qantas Points for a range of rewards, from flights, hotels and even wine or fuel purchases. The best value rewards tend to be flights or flight upgrades via Classic Rewards. Read our guide of best uses of Qantas Points here.
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.
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.
Terms and Conditions
1. Bonus & Eligibility
To earn up to 100,000 bonus Qantas Points you must apply online by 5 May 2026, be approved, and meet the following criteria – You’ll receive 70,000 bonus Qantas Points when you spend $5,000 or more on eligible purchases on your new Card in 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. To receive an additional 30,000 bonus Qantas Points, you need to remain on the Qantas American Express Ultimate Card after the first year and spend a minimum of $1 on the Card within 90 days of paying the second year annual Card fee. Please allow 8-10 weeks after the spend criteria has been met and the second year annual Card fee has been paid for the bonus points to be credited to your Account. The additional 30,000 bonus Qantas Points will still be awarded after fee renewal even if you did not meet the $5,000 minimum spend criteria to receive the 70,000 bonus Qantas Points in the first year of Membership. 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 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. 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 a qantas.com/terms. $450 annual Card fee applies. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer.
2. 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.
You will be eligible to receive two Qantas Club Complimentary Lounge Invitations each anniversary year of your Qantas American Express Ultimate Card (Card) Membership, provided you: (a) register your Qantas Frequent Flyer number with your Card Account; and (b) make a purchase on selected Qantas products and services using your Card. Selected Qantas products and services are the purchase of (a) a Qantas passenger flight departing from Australia with a QF flight number purchased in Australian Dollars (AUD) directly from Qantas.com.au using your Card; or (b) using your Card to pay for joining or annual fees for Qantas Frequent Flyer or Qantas Club membership. Subject to Qantas American Express Card Points Terms and Conditions. Within 2 weeks of purchasing selected Qantas products and services, two Qantas Club Complimentary Lounge Invitations will be assigned to the Qantas Frequent Flyer account. In order to use your invitations, login to your Qantas Frequent Flyer Account or use the Qantas App to access your invitations and link them with an eligible Qantas flight booking prior to use (must be done at least 24 hours prior to your departure time). Each Complimentary Lounge Invitation is valid for a single visit by one guest to a Qantas Club domestic lounge, Qantas International or Qantas International Business Lounge, and must be used prior to expiry. Access and use are subject to the Complimentary Lounge Invitation Terms and Conditions and the Lounge Entry Terms and Conditions. Invitations may be revoked or withheld if your 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 Complimentary Lounge Invitation Terms and Conditions, and the American Express Credit Card 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.
6. Qantas Ultimate Card Insurance
The insurance on American Express Cards is subject to terms, conditions and exclusions (such as maximum age limits, pre-existing medical conditions and cover limits). You must use your American Express Qantas Ultimate Credit Card to pay for your trip in order to be covered under the travel insurance and pay for eligible items for those items to be covered under the retail insurance benefits. It is important you read the American Express Qantas Ultimate Credit Card Insurance Terms and Conditions and consider whether the insurance is right for you. We do not provide advice about the insurance or whether it is appropriate for your objectives, financial situation or needs. This insurance is underwritten by Chubb Insurance Australia Limited (ABN 23 001 642 020, AFSL No. 239687) under a group policy of insurance held by American Express Australia Limited (ABN 92 108 952 085, AFSL No. 291313). Access to this insurance is provided solely by reason of the statutory operation of section 48 of the Insurance Contracts Act 1984 (Cth). Card Members are not a party to the group policy, do not have an agreement with Chubb and cannot vary or cancel the cover. American Express is not the insurer, does not guarantee or hold the rights under the group policy on trust for Card Members and does not act on behalf of Chubb or as its agent. American Express is not an Authorised Representative (under the Corporations Act 2001 (Cth)) of Chubb.
** Classic Flight Rewards
Classic Flight Rewards are available on Qantas, Jetstar and eligible partner airlines. These seats are subject to capacity controls and availability is limited—some flights may not have any Classic Flight Reward seats available.
The number of Qantas Points required, as well as taxes, fees and carrier charges, are accurate as at 2 Feb 2026 but may vary at the time of booking.
Status Credits and Qantas Points will not be earned on Classic Flight Reward bookings.
Classic Flight Rewards must be booked via the Qantas website or other authorised booking channels. Some flights may be operated by a partner airline and different baggage allowances and conditions may apply.
Changes to or cancellations of Classic Flight Rewards are subject to the rules outlined in the Qantas Frequent Flyer Terms & Conditions, including change/cancellation fees and any fare or points difference if applicable.
For full terms and fare rules visit the Qantas Frequent Flyer website at Classic Flight Rewards.
Annual Card Fee is $450. Offer available to new American Express Card Members only. T&Cs apply.