Point Hacks Credit Card Guide

American Express’ Qantas Discovery card has no annual fee and offers 1 Qantas Point per $ spent

Qantas American Express Discovery

The Qantas Discovery American Express is a great value entry level Qantas card, with no annual fee. It offers an earn rate of 1 Qantas Point per $ with few other benefits, but that's to be expected for a no fee credit card.

  • 1 Qantas Point per dollar earned everywhere except Government spend and the ATO, 2 Qantas Points earned with Qantas flights / other travel
  • 0% p.a. on balance transfers for the first 12 months
  • A one-off credit plan establishment fee of 1% applies for balance transfer - maximum balance transfer is $10,000 or 70% of your approved credit limit, whichever is less
  • $0 p.a. annual fee
  • 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. Previous and existing bank-issued American Express companion cardholders are eligible for this offer

Find out more or apply →

Point Hacks earn a maximum of $120 per applicant for this card. More about this →

The Qantas Discovery American Express card is a value-led product with no annual fee. This card may be good for those who want to earn Qantas Points at a good rate, with no ongoing yearly fees.

American Express recently removed the sign up bonus on offer for this card.

Card Details

CardQantas Discovery American Express
Loyalty programQantas Frequent Flyer
Points earned from spend2 points per $ spent with Qantas,
1 point per $ spent elsewhere
0.5 point per $ on government spend and the ATO
Points CapNone
Overseas transaction fee3% of the converted amount
Annual fee$0

Digging into the benefits of the Qantas Discovery American Express credit card benefits

Being blunt, there’s not much to ‘dig into’ here! The Qantas Discovery American Express is a simple card with few benefits.

With no annual fee you’ll get the ability to earn Qantas Points at a decent rate, including 2 points per dollar spent with Qantas, and 1 point per dollar spent elsewhere – the recently announced earn rate changes across all Qantas American Express cards has reduced the earn rate for ATO and other government transactions to 0.5 points per $, which is similar to more expensive American Express cards.

There are no other benefits to the card, as you’d expect, given you’re getting it with no annual fee.

Considering this card for Business-related transactions?

American Express offer a range of both business and consumer charge and credit cards. They do permit business transactions to be made on personal cards, unlike some other banks, but you might find some of the other business-focused benefits of the business cards to be appealing or more appropriate.

So – if you’re a sole trader or a business looking to earn points with your business spend – this card would still work for that purpose.

There’s a full list of business and personal consumer American Express cards which might be suitable for earning points from business-related transactions here.

American Express’ Qantas Discovery card has no annual fee and offers 1 Qantas Point per $ spent was last modified: May 16th, 2017 by Keith

Summary – Qantas Discovery American Express card

The Qantas Discovery card may be a handy product for those who have an aversion to paying annual fees – getting a 1 point per dollar earn rate on this card is pretty good, plus the bonus points for any spend on Qantas flights and travel.

American Express’ Qantas Discovery card has no annual fee and offers 1 Qantas Point per $ spent was last modified: May 16th, 2017 by Keith

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Comments Expand Comments

  1. Dee

    Does this card earn the Amex membership points in addition to Qantas points? Or does it earn Qantas points instead of the Amex ones? I couldn’t see any clear cut answer to this on their website.

  2. Sam Yates

    Note also that the card does include modest purchase protection (Theft/damage for 90 days – $2500 per item, $10000 per year) and refund cover ($500 per item, $2000 per year)

  3. M R

    There is a recent change and the 1 point per dollar will not continue. I think it is reverting to 0.5 point per dollar spent in line with other Amex.

  4. Sophie Scott

    I’ve been using this card for a number of years, and extremely happy with it. It also have great “Offers” in the app that come up from time to time. Also the Shop Small initiative offers amazing value for money with $10 back from every $20 spend with local retailers during the offer periods (just before Christmas is always handy)!

  5. Sean

    Im pretty new to all this but keen to find out more.. My question is just about the interest rate p.a on purchases on this card which is at 20.74% p.a. Whats your advice on making sure this interest doesn’t sneak up and bite you in the ass? Or is it pretty safe? From what i have heard the interest is what can get people in a bit of strife, if that makes sense.

    • Absolutely, the interest rate is high. The key thing to avoid paying any interest to pay off the full statement amount on the bill – keep an eye on your spending, make sure you have the cash to pay the bill put aside, and then pay it early or on time.

      Also avoid using the card if you are also planning on putting a balance transfer on it if there is a balance transfer offer running – you’ll pay lower interest on the BT, but full interest on purchases until the BT is paid off. Definitely avoid that.

  6. Shaun

    There’s a condition there that says you are not eligible if you have another “American Express” product. Does that include bank issued credit cards that come with an American Express as well?

    • No, those are excluded, so you’d be eligible if you have a bank-issued Amex but not one from Amex directly.. Really must write a post on that, one of the most commonly asked questions!

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