American Express is one of the largest and most reputable financial services companies in the world, offering a range of credit cards that cater to various lifestyles and interests.
If you’re a frequent traveler or a Qantas airline enthusiast, this card is an excellent choice for earning rewards and enjoying exclusive perks. So let’s take a closer look at what this card has to offer!”
For new American Express Card Members who apply online, are approved, and spend $3,000 on their new Card within the first three months after the approval date, the Qantas American Express Premium Card is offering 30,000 additional Qantas Points.
Card Details
Card: Qantas American Express Premium Card
Loyalty program: Qantas Frequent Flyer
Points earned from spend:
- 1 Qantas Point earned per $1 spent on eligible purchases
- 1 additional Qantas Point per $1 on selected Qantas products and services in Australia
- 0.5 Qantas Points per $1 spent at government bodies in Australia
Points cap: None
Travel benefits: Two free Qantas Lounge passes each year
Included insurances:
- Trip Cancellation and Amendment Cover
- Personal Accident Cover
- Travel Inconvenience Cover
- Medical Emergency Expenses Cover
- Personal Baggage, Money, and Travel Documents Cover
- Card Purchase and Refund Cover
- (PDS)
Overseas transaction fee: 3% of the converted amount
Mobile wallet: Apple Pay, Google Pay, and Samsung Pay
Annual fee: $249 p.a. ongoing
Pros
- Unlimited gaining of points.
- When you apply online and spend $3,000 during the first three months of acceptance, you will receive 30,000 additional Qantas Points. Just new American Express Cardholders.
- Get one Qantas point for every dollar spent on eligible goods, and one Qantas point for every dollar spent at Australian government entities.
- Spend $1 on eligible Qantas goods and services to earn 2 Qantas Points.
- Upon your first Card purchase of certain Qantas goods and services, you will receive two free admissions to the Qantas Club lounge each year.
- Add up to 4 more cards without paying extra.
- Free domestic and international travel insurance provides coverage for (including limited cover related to COVID-19, T&Cs apply).
- Benefits and membership in the Qantas Wine Premium program are free.
- Free delivery of Qantas Wine within Australia.
- You have a choice in how you pay off the balance on your credit card with Plan It™ Instalments.
Cons
- Purchase rate of 21.99%
- $249 annual fee
Benefits
Free subscription to Qantas Wine Premium.
The premium membership to Qantas Wine is $99 a year and offers free delivery along with 3 Qantas Points for every dollar spent. The Qantas American Express Premium Card, for example, earns Qantas Points in addition to this.
You will receive a total of 4 points per dollar spent on Qantas Wine products when you pay with this Qantas-branded credit card; this includes 3 points from Qantas Wine and 1 point from your card.
Thousands of bonus points are frequently offered on bundles by Qantas Wine, and these points usually apply to your account very fast. This might be a fantastic method to add to your point total while also obtaining a case of wine!
Insurance Protection.
The Qantas American Express Premium Credit Card offers a number of complimentary insurance covers, which is another useful perk for regular travelers. The following coverage may be available to you and your family when you use your card to pay for travel:
- Coverage for medical emergency costs.
- Private Accident Insurance.
- Coverage for trip cancellation and amendment.
- Coverage for personal belongings, cash, jewelry, and travel documents.
- Convenience Insurance for Travel.
Despite the fact that it’s always advisable to check the PDS before relying on credit card insurance, it’s important to note that this card covers coverage for journeys lasting up to 62 days, with a cap of 120 travel days per year. That is a significant improvement above what is offered during other complimentary insurance cover periods for credit cards.
Using the lounge.
The Qantas American Express Premium Credit Card might make waiting in the airport a little more pleasant by providing two free invitations to Qantas Club lounges each year. You will receive two passes each year on the anniversary of card membership if you simply use your card to make certain Qantas purchases.
Eligible purchases include Qantas tickets with a QF flight number purchased directly from Qantas and some travel agents, as well as joining and annual fees for Qantas Frequent Flyer and Qantas Club memberships, similar to the higher points earn described above.
Qantas Wine Premium Membership
The Qantas American Express Premium Credit Card now provides customers with a free Qantas Wine Premium Membership as a new perk of the card. Members receive free delivery inside Australia as well as unique access to food and wine events held throughout the country. Membership also entitles cardholders to sample a variety of gourmet foods and exquisite wines.
This membership will continue to be free for as long as cardholders have the card, saving you $99 annually. You will receive a total of four points for every dollar spent on Qantas Wine items, giving you the chance to really rack up the points (3 points as a Qantas Wine Premium member plus 1 point for regular spending on the card).
Unparalleled integration with mobile wallets.
You can use this card on your smartphone to make payments more easily because American Express cards support Apple Pay, Google Pay, and Samsung Pay.
In the event that your actual card is lost, stolen, or temporarily unavailable for replacement, you might still use your NFC-capable phone to make purchases with your American Express account if this feature is configured.
Eligibility.
The Qantas American Express Premium Credit Card would work best for cardholders who pay off their amount on a monthly basis because it has a somewhat high rate of interest on purchases (there is no cash advance facility). Although there is a hefty yearly fee, there is none for up to an extra four cardholders.
The Qantas American Express Premium Credit Card requires cardholders to be 18 years of age or older and have a clean credit history without a history of late payments. Cardholders must also be Australian citizens, permanent residents, or possess a long-term visa in order to qualify. Long-term is defined as lasting at least a year, excluding student visas.
American Express is very clear about whether current Card Members who apply for a card, are approved, and fulfill the minimum spend requirements will be eligible for bonus points.
This offer is not available to Card Members who currently have or have previously held any Card product issued by American Express Australia Ltd in the last 18 months.
Existing American Express cardholders are not eligible for bonus point offers for cards from another family, not even for distinct sorts of American Express cards (such as Charge, Credit, or Business).
Conclusion
The Qantas American Express Premium Credit Card is a terrific choice for people who travel frequently and make large purchases because it offers a variety of benefits and a decent base earn rate on the Qantas program.
American Express offers a competitive yearly charge in the market, but its 30,000 bonus Qantas Points make up for it—at least for the first year. If you compare the Qantas American Express Premium Card to other cards with a comparable annual cost, it stands out for its high earning rate and comprehensive perks.
The Qantas American Express Premium Card lacks “category bonuses” like the American Express Platinum Edge or David Jones Platinum American Express, which earn even more extra points in the grocery store and petrol bowser. If we had to identify one drawback, it would be that.
The invitations to the Qantas Lounge and the Qantas Wine Premium Membership, however, are welcome extras. Included Travel Insurance and Card Purchase Protection, as well as additional American Express-only benefits like year-round discount offers, complete out this alluring card package.