American Express Qantas Ultimate Card
The Amex Qantas Ultimate is a premium frequent-flyer card with a market-leading Qantas Points earn rate, an annual Qantas travel credit and two lounge invitations each year.
Why it ranks
- Among the best Qantas Points earn rates
- Annual travel credit helps offset the fee
- Lounge invitations and strong insurance
What holds it back
- High annual fee
- Amex acceptance narrower than Visa or Mastercard
- 3% foreign transaction fee
Advertiser disclosure: we may be paid if you apply through our links. Ratings are editorial. Confirm today's terms on the issuer's site — offers change.
The Amex Qantas Ultimate is a premium frequent-flyer card with a market-leading Qantas Points earn rate, an annual Qantas travel credit and two lounge invitations each year.
American Express Qantas Ultimate Card at a glance
| Issuer | American Express Australia |
| Card network | Amex |
| Annual fee | A$450 |
| Welcome bonus | Large Qantas Points bonus after qualifying spend |
| Rewards rate | Up to 1.25 Qantas Points per AUD1 on eligible spend |
| Intro APR | Not applicable |
| Regular APR | Approx. 23.99% p.a. on purchases |
| Foreign transaction fee | 3% on foreign currency purchases |
| Credit needed | Good to excellent credit history |
| Best for | Frequent Qantas flyers maximising points and perks |
| Airport lounge access | Yes |
Rewards & benefits
- Up to 1.25 Qantas Points per AUD1 on eligible spend
- Annual Qantas travel credit toward flights
- Two complimentary Qantas Club lounge invitations each year
- Complimentary domestic and international travel insurance
Eligibility & who it suits
- Australian resident with a valid Australian address
- Aged 18 or over
- Good to excellent credit history
- Meet American Express income and eligibility criteria
How to apply
Check current rates on American Express Australia’s official site →
This opens the issuer’s official application page in a new tab. We may earn a commission if you are approved — it never changes the terms you receive.
Rates, fees, welcome offers and benefits are provided for general information, can change at any time, and may not reflect current terms. Always confirm the latest details on the issuer’s official site before applying. This is not financial advice.
How it ranks against similar Australia cards
| Rank | Card | Annual fee | Rewards | Welcome offer | Foreign fee | Who qualifies | Score |
|---|---|---|---|---|---|---|---|
| 1 | AEAmerican Express AustraliaQantas UltimateA$450/yr · AU American Express Qantas Ultimate CardFrequent Qantas flyers maximising points and perks |
A$450/yr | Up to 1.25 Qantas Points per AUD1 on eligible spend | Large Qantas Points bonus after qualifying spend | 3% on foreign currency pur… | Good to excellent credit history | |
| 2 | NANational Australia Bank (NAB)NAB Qantas Rewards SignatureA$295/yr · AU NAB Qantas Rewards Signature CardQantas frequent flyers wanting premium perks |
A$295/yr | Earn Qantas Points per AUD1 on eligible spend | Large Qantas Points bonus after qualifying spend | 3% on foreign currency pur… | Good to excellent credit history | |
| 3 | AAAustralia and New Zealand Banking Group (ANZ)ANZ Frequent Flyer BlackA$425/yr · AU ANZ Frequent Flyer Black Credit CardHigh-spending Qantas flyers wanting premium perks |
A$425/yr | Earn Qantas Points per AUD1 on eligible spend | Large Qantas Points bonus after qualifying spend | 3% on foreign currency pur… | Good to excellent credit history |
Reader reviews
No reader reviews yet. Have this card? Share how it has worked for you.
Write a review
Reviews appear after moderation.
Comments & Questions (0)
No comments yet — be the first to ask. Comments appear after review.
Leave a comment
Your comment appears after our team approves it. Or sign in to post faster.