Image of The Qantas American Express Ultimate Card credit card

Card

The Qantas American Express Ultimate Card

Offer

The Qantas American Express Ultimate Card

Public offer

Selected terms version

Ended. These terms are no longer available.

Published 14 Jul 2025

View current offer termsOffer terms history
$450 first year annual fee
70,000 points
1.25 points per dollar
Spend $3,000 in 90 days

This offer is currently unavailable.

Source wording history

Offer terms

PremiumOffer Ended

First Year Points

70,000 points

Qantas

Second Year Points

20,000 points

With $450 annual fee

Minimum Spend

$3,000

within 3 months

Cash Bonus

$450Qantas Travel Credit

Offer Expires

January 13, 2026

9 months 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
+70,000sign-up bonus
+3,750from $3,000 spend
=73,750Qantas points
×1.6¢per point
=$1,180point value
+$450cashback
−$450first-year fees
=$1,180est. first-year value

Bonus Difficulty

Easy

●○○

$33 per day required

First Year Cost

$450

annual fee

Estimated Bonus Value

$1180

Based on 1.6¢ per Qantas point

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?

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.

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OzBargain discussion for this card

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

Minimum Credit Limit:
3,000
Lounge Pass:
Enjoy two complimentary entries to The Centurion® Lounge, plus two Qantas Club Lounge invitations each year after purchasing select Qantas products and servicesTwo Qantas Club complimentary lounge invitations each year after spending on selected Qantas products and services

Published 31 Jul 2026

Ended 3 Oct 2026

Changes from terms version 10

Bonus:
50,00070,000
Second Year Bonus:
050,000
Bonus Cash Description:
Qantas Travel CreditTravel Credit
Expiration Date:
28 Jul 202617 Nov 2026

Published 20 May 2026

Ended 31 Jul 2026

Changes from terms version 9

Second Year Bonus:
30,0000

Published 20 May 2026

Ended 20 May 2026

Changes from terms version 8

Bonus:
70,00050,000
Expiration Date:
5 May 202628 Jul 2026

Published 7 Feb 2026

Ended 20 May 2026

No recorded term changes from the previous version.

Published 2 Feb 2026

Ended 7 Feb 2026

Changes from terms version 6

Second Year Bonus:
20,00030,000
Spend For Bonus:
3,0005,000
Expiration Date:
13 Jan 20265 May 2026

Published 14 Jul 2025

Ended 7 Feb 2026

Changes from terms version 5

Bonus:
50,00070,000
Second Year Bonus:
020,000
Spend For Bonus:
5,0003,000
Expiration Date:
1 Jul 202513 Jan 2026
Lounge Pass:
Enjoy two complimentary entries to The Centurion® Lounge, plus two Qantas Club Lounge invitations each year after purchasing select Qantas products and services.Enjoy two complimentary entries to The Centurion® Lounge, plus two Qantas Club Lounge invitations each year after purchasing select Qantas products and services

Published 26 Jun 2025

Ended 14 Jul 2025

Changes from terms version 4

Minimum Credit Limit:
15,000

Published 20 Mar 2025

Ended 26 Jun 2025

Changes from terms version 3

Bonus:
100,00050,000
Minimum Credit Limit:
15,000
Interest Rate:
24.0023.99
Expiration Date:
18 Mar 20251 Jul 2025
Lounge Pass:
Enjoy two complimentary entries to The Centurion® Lounge7, plus two Qantas Club Lounge8 invitations each year after purchasing select Qantas products and servicesEnjoy two complimentary entries to The Centurion® Lounge, plus two Qantas Club Lounge invitations each year after purchasing select Qantas products and services.

Published 15 Jan 2025

Ended 20 Mar 2025

Changes from terms version 2

Bonus:
50,000100,000
Spend For Bonus:
3,0005,000
Bonus Cash Description:
Qantas Travel Credit via Amex TravelQantas Travel Credit
Expiration Date:
18 Mar 2025

Published 7 Sep 2024

Ended 15 Jan 2025

Changes from terms version 1

Bonus:
70,00050,000
Second Year Bonus:
20,0000
Expiration Date:
3 Sep 2024

Unknown publication date

Ended 7 Sep 2024

First recorded terms

Bonus Qantas:
70,000
Bonus Cash:
$450
Annual Fee:
$450
Minimum Spend:
$3,000 in 90 days
Lounge Pass:
Enjoy two complimentary entries to The Centurion® Lounge7, plus two Qantas Club Lounge8 invitations each year after purchasing select Qantas products and services

Saved notes

Earlier notes about this offer. Note dates are separate from terms publication dates.

  • Expiration changed from 03/08/24 to 03/09/24
    2 years ago
  • Expiration changed from 28/05/24 to 03/08/24, Bonus from 60K to 70K, Second Year Bonus from 0 to 20K
    2 years ago
  • Expiration changed from 02/04/24 to 28/05/24, Bonus from 100K to 60K
    2 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 90
    3 years ago
  • Bonus points increased from 60,000 to 75,000
    3 years ago
  • Lowered bonus points to 60,000
    3 years ago
  • Bonus reduced from 75k to 50k
    4 years ago
  • Bonus decreased from 100k to 75k first year, 25k second year and expiration added 23/08/22
    4 years ago
  • Bonus decreased from 120k to 100k
    4 years ago
  • Bonus increased from 100k to 120k and extended to 27/04/22
    5 years ago
  • Bonus increased from 55,000 to 100,000
    5 years ago
Craig

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

— Craig