Card
Offer
The Qantas American Express Ultimate Card
Public offer
Selected terms version
Ended. These terms are no longer available.
Published 26 Jun 2025
View current offer termsOffer terms historyThis offer is currently unavailable.
Source wording historyOffer terms
Signup Bonus
50,000 points
Qantas
Minimum Spend
$5,000
within 3 months
Cash Bonus
Offer Expires
July 1, 2025
a year 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:
Craig's AnalysisBonus Difficulty
Moderate
●●○$56 per day required
First Year Cost
$450
annual fee
Earn Rate
Excellent
●●●●1.25x Qantas points per $1
Travel Benefits
Lounge Access
Enjoy two complimentary entries to The Centurion® Lounge, plus two Qantas Club Lounge invitations each year after purchasing select Qantas products and services.
Did this help you make a decision?
to in (0 points)
To make comparisons easier to understand, select a origin, destination and travel class.
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 3 Oct 2026
Changes from terms version 11
Changes from terms version 10
Changes from terms version 9
Changes from terms version 8
No recorded term changes from the previous version.
Changes from terms version 6
Changes from terms version 5
Changes from terms version 4
Changes from terms version 3
Changes from terms version 2
Changes from terms version 1
First recorded terms
Saved notes
Earlier notes about this offer. Note dates are separate from terms publication dates.
- Expiration changed from 03/08/24 to 03/09/242 years ago
- Expiration changed from 28/05/24 to 03/08/24, Bonus from 60K to 70K, Second Year Bonus from 0 to 20K2 years ago
- Expiration changed from 02/04/24 to 28/05/24, Bonus from 100K to 60K2 years ago
- Bonus increased from 60k to 100k, Expiration changed from no expiration to 02/04/24 (thanks via Instagram!)3 years ago
- Expiration changed from 31/10/23 to "", Bonus from 75000 to 60000, Bonus Period from 90 to 903 years ago
- Bonus points increased from 60,000 to 75,0003 years ago
- Lowered bonus points to 60,0003 years ago
- Bonus reduced from 75k to 50k4 years ago
- Bonus decreased from 100k to 75k first year, 25k second year and expiration added 23/08/224 years ago
- Bonus decreased from 120k to 100k4 years ago
- Bonus increased from 100k to 120k and extended to 27/04/225 years ago
- Bonus increased from 55,000 to 100,0005 years ago