Image of The Qantas American Express Ultimate Card Targeted Offer Targeted Offer credit card

The Qantas American Express Ultimate Card Targeted Offer Targeted Offer

$450 first year annual fee
50,000 points
$15,000 min limit
1.25 points per dollar
Spend $5,000 in 90 days

Offer Details

PremiumOffer Ended

Signup Bonus

50,000 points

Qantas

Minimum Spend

$5,000

within 3 months

Cash Bonus

$450Qantas Travel Credit

Offer Expires

July 1, 2025

10 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.

I'd like to use my bonus for:

CraigCraig's Analysis
50,000 bonus + 6,250 from $5,000 spend
56,250 Qantas pts × 1.6¢/pt = $900
+ $450 cashback
− $450 first year fees
Est. profit $900

Bonus Difficulty

Moderate

●●○

$56 per day required

First Year Cost

$450

annual fee

Estimated Bonus Value

$800

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?

$250 of profit after meeting spend requirements
+ $250 Woolworths gift cards
+ $450 qantas travel credit extra bonus
- $450
annual fee

$250
x 1
in Woolworths gift cards, $250 total, with 4,500 points remaining.
OzBargain discussion for this card

Craig

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— Craig