This rewards card comes with a pretty tasty introductory offer of either 20,000 Reward Points or 15,000 Qantas Points when you use this credit card outside of David Jones three times within your first month. Even though the David Jones American Express Card comes with a 20.74% purchase interest rate, you’ll get up to 44 days interest free if you pay your balance in full each month.
As for points, you can choose for yours to go towards either American Express’ Membership Rewards program or Qantas’ Frequent Flyer program. On the Membership Rewards program, you’ll be rewarded with 3 Reward Points per dollar spent at major Aussie retailers such as Woolworths, Coles and IGA and at a range of petrol stations such as BP, Caltex and Shell as well as 2 points per dollar spent at David Jones and 1 point everywhere else. If travel is more your thing and you opt for the Qantas Frequent Flyer Program you’ll be earning 0.75 Qantas Points per every Reward Point which means you’ll be earning 2.25 Qantas Points per dollar spent at those same major supermarkets and petrol stations, 1.5 per dollar spent at David Jones and 0.75 everywhere else.
With the David Jones American Express card your points are uncapped so you can spend as much as you like each month and they’ll also never expire. Be mindful that you’ll be asked to stump up $99 per year for using this card, but you’ll be receiving neat privileges such as purchase protection and SMS account alerts.
Who it's good for:
The David Jones American Express Card is ideal for big spenders, particularly for those who often shop at David Jones. In addition to the 1.5-2 points per dollar spent in-store you’ll also have access to a host of exclusive in-store benefits including the ability to defer your Christmas shopping payments, complimentary gift wrapping and up to four years interest free on homewares, furniture, bedding and electrical purchases worth $500 or more.
Aside from the $99 annual card fee, you’ll also need to be aware of the $30 late payment fee. You’ll also need an annual income of $40,000, be over the age of 18 and be an Australian citizen or permanent resident to be eligible.