American Express Qantas Ultimate Credit Card

By: EconomyWatch   Date: 6 October 2010

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American Express Qantas Ultimate Credit Card is issued by American Express in association with Qantas. Thecard is designed for frequent travellers and allows them to earn extra air miles and redeem them for flight discounts and upgrades. It also gives out one free domestic flight ticket a year. This card comes with an annual membership fee of $450.

American Express Qantas Ultimate Credit Card: Features and Benefits

The American Express Qantas Ultimate Credit Card has the following features and benefits:

  • Travel insurance within and outside Australia.


  • High credit limit of $100,000.


  • Protection against misuse of the card in the event of theft or loss.


  • Interest free credit period of a maximum of 55 days.


  • Interest rate of 19.89% on all purchases as well as cash advances.


  • Low rate of 6.99% on balance transfer.


  • Free supplementary cards.


  • Transport accident cover of up to $400,000.

    • Rewards on the American Express Qantas Ultimate Credit Card

    This card offers the following rewards:

    • 7,500 free points on joining.


    • 5,000 free points on the first use of the card.


    • Free single domestic return ticket every year.


    • 1.5 points for each dollar spent with the card.


    • Automatic points transfer to the Qantas Frequent Flyer account.


    • Exchange points for shopping vouchers or gift cards.


    Restrictions on the American Express Qantas Ultimate Credit Card

    American Express Qantas Ultimate Credit Card is subject to the following restrictions:

    • The card can be used only by members of the Qantas Frequent Flyers program, to acquire and redeem points.


    • The return ticket is only available for select major cities.


    • To apply for a card, a person should be at least 18 years old with a minimum annual income of $65,000.

    A person with a sound credit rating can apply for an American Express Qantas Ultimate Credit Card by firstly acquiring membership of the Qantas Frequent Flyers Program. The card can be obtained by filling an online form and disclosing details suchas employer’s address (in case of service) or accountant’s details (in case of self-employment), along with proof of citizenship of Australia or Business Visa details.

    ‘American Express Qantas Ultimate Credit Card’ is a trademark of the American Express Company, who can be found atwww.americanexpress.com


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