American Express Qantas Discovery Card

  • American Express
  • 20.74%

  • 0.99% for 6 months (1.00% handling fee)

  • $0

  • 44

American Express Qantas Discovery Card Review

Review updated: 26 August 2014
Review published: 14 February 2012

What's hot:

  • Multi-award winner in Mozo's Experts Choice Awards
  • 7,500 bonus point offer
  • No annual fee

What's not:

  • 20.74% purchase rate
  • 1% credit establishment fee for balances transferred

Mozo snapshot:

Winner of bronze medals in the Mozo Experts Choice Rewards Credit Card Awards, the Qantas American Express Discovery credit card is a stand-out in the world of rewards credit cards with no annual fee and lots of rewards benefits. Earn 1 Qantas Point every time you spend $1 on everyday purchases and 1 additional bonus point for every $1 spent on selected Qantas products and services. Plus, apply by 31 January 2015 and you can get up to a bonus 7,500 Qantas Points and a 0.99% balance transfer offer for six months.

Key features:

The Qantas American Express Discovery credit card has a high interest rate of 20.74%. But this credit card doesn't have an annual fee and you'll get 44 days interest free, so long as you pay your balance off in full every month. The Qantas American Express Discovery card comes with top Amex benefits like fraud, purchase and refund protection, plus global customer service.

Apply before the 31 January 2015 and score 7,500 bonus points. Get the first 5,000 points for spending $300 on purchases within three months and a further 2,500 bonus points on your first spend in Australia on selected Qantas products and services.

If you've got debt that you want to transfer over to save on interest repayments the American Express Discovery card has a 0.99% offer for 6 months, but it also comes with an upfront 1% credit establishment fee.

Who it's good for:

If you simply want a low maintenance rewards credit card and plan to pay off your balance in full each month, the Qantas American Express Discovery Card would suit you perfectly. The minimum income requirement of $35,000 is not too steep and points are automatically credited to your Qantas Frequent Flyer account, so you don't have to worry about keeping track of rewards points.

Any catches?

With a high interest rate of over 20% this is not a credit card to carry debt on. Be sure to set up those automatic payments or you'll find a $30 late payment fee added to your statement.

How are American Express credit cards rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
American Express credit card 7.0 Based on 102
American Express credit card reviews
5.6 6.8 7.1 6.1 7.3

Read American Express credit card reviews by the Mozo community

Latest reviews of American Express Qantas Discovery Card

  • Great rewards system

    1. Overall customer rating
    2. (Reviewed 7 days ago)

    I enjoy earning Qantas Frequent Flyer points whilst using my American Express, however the lack of physical branches really restricts payments on the balance and most places do not take Amex or put a surcharge on using it.  Full review 

    I enjoy earning Qantas Frequent Flyer points whilst using my American Express, however the lack of physical branches really restricts payments on the balance and most places do not take Amex or put a surcharge on using it.


      1. Price
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    American Express credit card review by Melanie from New South Wales

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  • Excellent all round

    1. Overall customer rating
    2. (Reviewed 16 days ago)

    Excellent customer service, no fees charged and everything bought on it is insured for 90 days.  Full review 

    Excellent customer service, no fees charged and everything bought on it is insured for 90 days.


      1. Price
      1. Features
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    American Express credit card review by David from Western Australia

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  • Good value

    1. Overall customer rating
    2. (Reviewed about 1 month ago)

    I do not pay fees on my card. Regularly pay the full amount so incur no interest. The only issue I have are the charges from merchants on using the card and the number of merchants that do not accept the card. Not widely accepted in Asia.  Full review 

    I do not pay fees on my card. Regularly pay the full amount so incur no interest. The only issue I have are the charges from merchants on using the card and the number of merchants that do not accept the card. Not widely accepted in Asia.


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    American Express credit card review by Joan from New South Wales

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  • No annual fee, good points scheme

    1. Overall customer rating
    2. (Reviewed 3 months ago)

    There are no annual fees and I get frequent flier points for every dollar spent, interest rate seems a little high though.  Full review 

    There are no annual fees and I get frequent flier points for every dollar spent, interest rate seems a little high though.


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    American Express credit card review by Greg from South Australia

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  • Great features for a basic card

    1. Overall customer rating
    2. (Reviewed 5 months ago)

    The only thing about AMEX cards are they are not accepted everywhere, and even if they are accepted, they tend to incur a fee. However, with the collaboration of AMEX and Qantas Frequent Flyers, it makes saving points much easier, as well as the f...  Full review 

    The only thing about AMEX cards are they are not accepted everywhere, and even if they are accepted, they tend to incur a fee. However, with the collaboration of AMEX and Qantas Frequent Flyers, it makes saving points much easier, as well as the free bonus points when first signing up to the card.


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    American Express credit card review by Kevin from New South Wales

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  • Show more reviews

Rewards scheme

  • Points are automatically credited to the Qantas Frequent Flyer program.
  • All rewards are redeemed via Qantas Frequent Flyer.
  • Earn 2 points per dollar on eligible Qantas products and services in Australia.

Privileges

  • Purchase Protection
  • Account alerts by SMS

Special offers

  • Apply by 31 January 2015 and receive up to 7,500 bonus Qantas Points when approved and meet the spend criteria.

Value of rewards points

  • Example reward
  • You'd need to spend
  • $100 gift card
  • $15,100
  • Flight: Sydney-Melbourne
  • $8,000
  • Flight: Sydney-London
  • $128,000
  • Points are capped?
  • Uncapped
  • Points expire?
  • Never

Details behind our 'value of rewards' calculations

  • Points earning 1 points per dollar on Amex, uncapped
  • $100 gift card 15100 points buys a Myer $100 Gift Card
  • Flight: Sydney-Melbourne 8000 points buys a Qantas Syd-Mel flight
  • Flight: Sydney-London 128000 points buys a Qantas London flight

*how did we do it? find out...

Rates

Purchase rate
20.74%
Intro purchase rate
none
Balance transfer rate
0.99% for 6 months (1.00% handling fee)
Balance transfer revert to cash
no
Cash advance rate
none
Interest free days
44

Fees

Annual card fee
$0.00
Introductory fee
none
Annual fee spend threshold
none
Reward program fee
none
Late payment fee
$30.00
Cash advance fee
none
Foreign exchange margin
3.00%
Duplicate statement fee
$10.00
Transaction verification fee
$7.00
Additional card fee
$0.00

Other financial bits

Minimum repayment amount
$30.00
Minimum repayment percent
2.5

Features

Additional cardholders
unlimited
Other restrictions
none
Other benefits
none

About American Express

American Express is a global mega provider of credit cards, including gold cards, platinum cards, charge cards and more. With American Express, you can find a credit card to suit your lifestyle, tastes and aspirations. If you're a rewards points junkie, be sure to check out the hugely popular American Express rewards programs, including Qantas Frequent Flyer points and Qantas Club rewards.

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