Image of The Champagne Mile Exclusive Offer The Qantas American Express Ultimate Card credit card

Card

The Qantas American Express Ultimate Card

Offer

The Champagne Mile Exclusive Offer The Qantas American Express Ultimate Card

Public offer

Selected terms version

Ended. These terms are no longer available.

Published 30 Jun 2024

View current offer termsOffer terms history
$450 first year annual fee
120,000 points
$65,000 annual income required
1.25 points per dollar
Spend $3,000 in 90 days

This offer is currently unavailable.

Source wording history

Offer terms

PremiumOffer Ended

Signup Bonus

120,000 points

Qantas

Minimum Spend

$3,000

within 3 months

Cash Bonus

$100Cashback

Additional Cash Bonus

$450Travel Credit

Offer Expires

February 3, 2022

5 years ago

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.

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
+120,000sign-up bonus
+3,750from $3,000 spend
=123,750Qantas points
→$575in Woolworths gift cards
+$550cashback
−$450first-year fees
=$675first-year value

Bonus Difficulty

Easy

●○○

$33 per day required

First Year Cost

$450

annual fee

Bonus Value

$575

123,750 points redeemed in Woolworths gift cards

Earn Rate

Excellent

●●●●

1.25x Qantas points per $1

Did this help you make a decision?

$675 of profit after meeting spend requirements
+ $575 Woolworths gift cards
+ $100 cashback extra bonus
+ $450 travel credit extra bonus
- $450
annual fee

$250
x 2
$50
x 1
$25
x 1
in Woolworths gift cards, $575 total, with 4,640 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 →

Offer terms history

These are published versions of this offer's terms. Each version preserves the conditions available at that time.

Published 30 Jun 2024

First recorded terms

Bonus Qantas:
120,000
Bonus Cash:
$100
Annual Fee:
$450
Minimum Spend:
$3,000 in 90 days
Craig

Something out of date?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

— Craig