Image of PointHacks Exclusive The Qantas American Express Ultimate Card credit card

PointHacks Exclusive The Qantas American Express Ultimate Card

$450 first year annual fee
60,000 points
$65,000 annual income required
1.25 points per dollar
Spend $3,000 in 90 days

Offer Details

PremiumOffer Ended

Signup Bonus

60,000 points

Qantas

Minimum Spend

$3,000

within 3 months

Cash Bonus

$450Qantas Travel Credit via Amex Travel

Ongoing Earn Rate

1.25x points per $1 spent

Fees

First Year Annual Fee

$450

Ongoing Annual Fee

$450

From year 2 onwards

Note: Additional fees may apply for cash advances, foreign transactions, overlimits, and late payments. Check the issuer's terms and conditions for complete fee details.

Benefits

  • Lounge Access
    More details

    2 Qantas Club Lounge Invitations each year after first Card spend on selected Qantas products and services

  • Travel Credits
    More details

    $450 Qantas Travel Credit each year for eligible international or domestic Qantas flights booked and paid online at American Express Travel

  • Hotel Benefits
    More details

    Complimentary Qantas Wine Premium Membership with gourmet food, exceptional wines, exclusive access to food and wine events, and complimentary delivery within Australia

  • Lounge Access
    4 visits/year · Qantas Club, The Centurion Lounge
    More details

    Two Qantas Club complimentary lounge invitations each year (after first Card spend on selected Qantas products/services), plus two complimentary entries per year to The Centurion Lounge at Sydney or Melbourne International Airport

  • Travel Insurance
    More details

    Complimentary domestic and international travel insurance: Medical Emergency Expenses up to $2,500,000; Trip Cancellation and Amendment up to $12,500; Personal Baggage, Valuables, Money and Documents up to $10,000; Travel Inconvenience up to $200 for flight delays; Personal Accident up to $400,000

  • Purchase Protection Insurance
    More details

    Purchase Protection Cover repairs or refunds eligible items accidentally broken or stolen within 90 days of purchase; Card Refund Cover credits your account if refused a refund on an unused eligible item within 90 days of purchase

  • Flight Discounts
    More details

    $450 Qantas Travel Credit each year for eligible international or domestic Qantas flights when booked and paid online at American Express Travel

  • Installment Plans
    More details

    Plan It Instalments lets you pay off a portion of your Credit Card balance in equal monthly instalments with no interest and a fixed monthly fee

  • Digital Wallet Integration
    More details

    Eligible for use with Apple Pay, Samsung Pay and Google Pay

  • No Additional Cardholder Fee
    More details

    Up to 4 additional Cards for family members or friends at no extra fee

  • Points Transfer Benefits
    More details

    Qantas Points transferred to your Qantas Frequent Flyer account each month

  • Subscription Benefits
    More details

    Complimentary Qantas Wine Premium Membership; earn 3 points per dollar on Qantas Wine purchases and complimentary Qantas Wine delivery within Australia

  • Interest Free Periods
    More details

    Up to 44 interest-free days on purchases

Benefit history

  • Digital Wallet IntegrationUpdated May 2026
  • Purchase Protection InsuranceUpdated May 2026
  • Installment PlansUpdated May 2026
  • Travel InsuranceUpdated May 2026
  • Lounge AccessUpdated May 2026

I'd like to use my bonus for:

CraigCraig's Analysis
+60,000sign-up bonus
+3,750from $3,000 spend
=63,750Qantas points
×1.6¢per point
=$1,020point value
+$450cashback
$450first-year fees
=$1,020est. first-year value

Bonus Difficulty

Easy

●○○

$33 per day required

First Year Cost

$450

annual fee

Estimated Bonus Value

$960

Based on 1.6¢ per Qantas point

Earn Rate

Excellent

●●●●

1.25x Qantas points per $1

Travel Benefits

Lounge Access

2 x American Express Airport Lounge, 2x Qantas Club Lounge each year after purchasing select Qantas products and services.

Did this help you make a decision?

$300 of profit after meeting spend requirements
+ $300 Woolworths gift cards
+ $450 qantas travel credit via amex travel extra bonus
- $450
annual fee

$250
x 1
$50
x 1
in Woolworths gift cards, $300 total, with 1,610 points remaining.

Can I get this bonus if I've had a card from American Express before?

You generally need to wait 18 months after your last American Express sign-up bonus before you can earn this one.

See exclusion periods for every Australian issuer →

History
  • Expiration changed from 31/01/23 to "", Bonus from 75000 to 60000
    3 years ago
  • Expiration changed from 31/01/23 to '', Bonus from 75000 to 60000
    3 years ago
Craig

Something out of date? Let me know on Instagram, Facebook, or email and I'll fix it ASAP.

— Craig