Are you a frequent flyer or shopper who’s looking for a credit card to maximise your rewards? Well have we got the credit card for you. The American Express Qantas Premium Credit Card allows you to earn 1 Qantas Points for every $1 you spend on eligible purchases. Plus, if you sign up online, are approved and spend $3,000 in the first three months, you could bag yourself 80,000 Qantas Points.
With the American Express Qantas Premium Credit Card, points are redeemed via the Qantas rewards program, and your points will be stacking up fast with a 1 point per $1 earn rate. You even can bag an additional 1 Qantas point per dollar spent on Qantas products and services in Australia (0.5 points at at government bodies in Australia).
What's even better, is that there's no cap on your points earning power. And the $0 annual fee for up to 4 extra card holders will help you earn even more. You’ll have 44 interest free days if you pay your balance in full every month, but make sure you do to avoid the $30 late payment fee and high 20.74% purchase rate.
There is a $249 annual fee, so make sure you make full use of the generous earn rate, complimentary insurances including travel insurance and purchase protection, complimentary Qantas Wine Premium Membership and the two yearly Qantas Club Lounge invitations (available after your first spend on selected Qantas products annually), to outweigh this cost.
That's not all though. If you sign up online by February 2, 2021 and are approved, you could snag yourself a sweet 80,000 bonus Qantas Points and $200 statement credit! To bag the bonus points and credit you will have to be a new Card Member and you will have to spend at least $3,000 on eligible transactions, on your new credit card within the first three months.
A generous points earning scheme and an array of complimentary insurance benefits makes the American Express Qantas Premium Credit Card a top choice for high flyers and shoppers wanting to take full advantage of the Qantas network.
The card comes with a 3% foreign exchange margin which can add up when you’re making multiple purchases overseas. So while this card is great for racking up points, when jet-setting internationally make sure you bring a travel friendly card with you by comparing travel money deals before you go.
Fly Sydney to London return
110,400 points
Fly Sydney to Melbourne one-way
8,000 points
$100 Giftcard
18,770 points
$100 Cash
-
1 point per dollar on Amex, uncapped
Points are automatically credited to the Qantas Frequent Flyer program.
All rewards are redeemed via Qantas Frequent Flyer.
Earn 0.5 Qantas Points per $1 spent at government bodies, earn 2 Qantas Points per $1 spend on selected Qantas products and services.
Two complimentary Qantas Club invitations each year when you spend at Qantas.
Receive 80,000 bonus Qantas Points when you apply online by 2 February 2021 as a new Card Member, are approved and spend $3,000 within the first 3 months. New Card Members only.
Spend $18,770 (AmEx)
Spend $8,000 (AmEx)
Spend $110,400 (AmEx)
Uncapped
Never
How do we calculate these points?
To work out the "Rewards value minus fees" in our Rewards Revealer we:
calculate how many points you'd get each year,
figure out how many flights or gift cards or cashback credits you could get for those points,
work out what that's actually worth to you,
take off the annual fee you'd pay.
More details:
Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.
We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.
Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.
In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.
We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.
To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.
Shopping rewards are based on $100 gift cards from a major national department store.
We make every effort to ensure our calculations are correct and up to date but make no guarantees.
20.74% p.a.
none
No current offer
no
none
44
$249.00
none
none
none
$30.00
none
3.00%
$10.00
$7.00
$0.00
$30.00
2.5
up to 4
none
Apple Pay, Google Pay, Samsung Pay
Travel Insurance,
Purchase Protection,
Account alerts by SMS
Receive $200 back when you spend $3,000 on eligible purchases within the first 3 months. For new applications made by 2 February 2021.
The offer of 100,000 bonus Qantas points is great for those who love to travel, and a $3,000 minimum spend in three months is not unachievable for most if you put everything on the card.
Read full reviewThe offer of 100,000 bonus Qantas points is great for those who love to travel, and a $3,000 minimum spend in three months is not unachievable for most if you put everything on the card.
Convenient locations and helpful staff.
Read full reviewConvenient locations and helpful staff.
Westpac has given me very good service and I'm pleased with the extras they provide.
Read full reviewWestpac has given me very good service and I'm pleased with the extras they provide.
American Express is fantastic due to multiple cashback offers for purchases on Australian brands. Furthermore, it allows me to earn 1.5x points towards my Qantas Frequent flyers, vs lower equivalents such as my visa platinum Qantas card.
Read full reviewAmerican Express is fantastic due to multiple cashback offers for purchases on Australian brands. Furthermore, it allows me to earn 1.5x points towards my Qantas Frequent flyers, vs lower equivalents such as my visa platinum Qantas card.
I have used my AMX card for many years both here and during my many overseas business trips. I found this the perfect credit card for my partner and I, the rewards program is second to none and I just love the look of the card. I am proud to have the AMX card in my wallet and feel very privileged when it is accepted at the point of purchase, be it an airline, hotel, restaurant or retail store...it makes me feel IMPORTANT.
Read full reviewI have used my AMX card for many years both here and during my many overseas business trips. I found this the perfect credit card for my partner and I, the rewards program is second to none and I just love the look of the card. I am proud to have the AMX card in my wallet and feel very privileged when it is accepted at the point of purchase, be it an airline, hotel, restaurant or retail store...it makes me feel IMPORTANT.
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.
Bendigo Bank
Low Rate Credit Card
0% p.a. for 15 months then 11.99% p.a.
No current offer
$45
Bankwest
Breeze Mastercard
10.99% p.a.
0% p.a. for 26 months and then 10.99% p.a. (2.00% balance transfer fee)
$49 $0 in the first year
Westpac
Low Rate
13.74% p.a.
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
$59
St.George
Vertigo
13.99% p.a.
0% p.a. for 24 months and then 21.49% p.a.
$55 $0 in the first year
CUA
Low Rate Credit Card
11.99% p.a.
0% p.a. for 20 months and then 21.74% p.a.
$49 $0 in the first year
Defence Bank
Foundation Credit Card
3.99% p.a. for 6 months then 8.99% p.a.
3.99% p.a. for 6 months and then 8.99% p.a.
$45
Qantas Money
Qantas Premier Platinum
19.99% p.a.
0% p.a. for 18 months and then 21.99% p.a. (1.00% balance transfer fee)
$299 $199 in the first year
Qantas Frequent Flyer
American Express
Qantas Ultimate Card
Qantas Frequent Flyer
$450
100,000
1.25 points uncapped
St.George
Amplify Signature
Amplify Rewards
$279 $139 in the first year
200,000
1.5 points uncapped
Qantas Money
Qantas Premier Platinum
Qantas Frequent Flyer
$299 $199 in the first year
100,000
1 point up to $10,000/month, then
0.5 points uncapped
Bankwest
Qantas Platinum Mastercard
Qantas Frequent Flyer
$160
30,000
0.75 points up to $2,500/month, then
0.3 points uncapped
BankSA
Amplify Signature
Amplify Rewards
$279 $139 in the first year
200,000
1.5 points uncapped
American Express
Qantas Discovery Card
Qantas Frequent Flyer
$0
No current offer
0.75 points uncapped
Bankwest
Breeze Mastercard
0% p.a. for 26 months and then 10.99% p.a. (2.00% balance transfer fee)
10.99% p.a.
$49 $0 in the first year
Virgin Money
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 26 months and then 20.99% p.a.
20.74% p.a.
$129 $64 in the first year
Velocity Frequent Flyer
St.George
Vertigo
0% p.a. for 24 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
Westpac
Low Rate
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
13.74% p.a.
$59
St.George
Amplify Platinum
0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)
0% p.a. for 7 months then 19.74% p.a.
$99 $0 in the first year
Amplify Rewards
CUA
Low Rate Credit Card
0% p.a. for 20 months and then 21.74% p.a.
11.99% p.a.
$49 $0 in the first year
Bank of Melbourne
Amplify Platinum
0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee)
19.74% p.a.
$99
Qantas Frequent Flyer
ANZ
Low Rate
0% p.a. for 25 months and then 20.24% p.a. (1.50% balance transfer fee)
12.49% p.a.
$58 $0 in the first year
Bendigo Bank
Low Rate Credit Card
0% p.a. for 15 months then 11.99% p.a.
No current offer
$45
Bankwest
Breeze Mastercard
10.99% p.a.
0% p.a. for 26 months and then 10.99% p.a. (2.00% balance transfer fee)
$49 $0 in the first year
Defence Bank
Foundation Credit Card
3.99% p.a. for 6 months then 8.99% p.a.
3.99% p.a. for 6 months and then 8.99% p.a.
$45
St.George
Vertigo
13.99% p.a.
0% p.a. for 24 months and then 21.49% p.a.
$55 $0 in the first year
CUA
Low Rate Credit Card
11.99% p.a.
0% p.a. for 20 months and then 21.74% p.a.
$49 $0 in the first year
Westpac
Low Rate
13.74% p.a.
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
$59
Bank of Melbourne
Vertigo
13.99% p.a.
0% p.a. for 24 months and then 21.49% p.a.
$55 $0 in the first year
Bendigo Bank
Low Rate Credit Card
0% p.a. for 15 months then 11.99% p.a.
No current offer
$45
Bankwest
Breeze Mastercard
10.99% p.a.
0% p.a. for 26 months and then 10.99% p.a. (2.00% balance transfer fee)
$49 $0 in the first year
Westpac
Low Rate
13.74% p.a.
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
$59
St.George
Vertigo
13.99% p.a.
0% p.a. for 24 months and then 21.49% p.a.
$55 $0 in the first year
CUA
Low Rate Credit Card
11.99% p.a.
0% p.a. for 20 months and then 21.74% p.a.
$49 $0 in the first year
Defence Bank
Foundation Credit Card
3.99% p.a. for 6 months then 8.99% p.a.
3.99% p.a. for 6 months and then 8.99% p.a.
$45
Qantas Money
Qantas Premier Platinum
19.99% p.a.
0% p.a. for 18 months and then 21.99% p.a. (1.00% balance transfer fee)
$299 $199 in the first year