AMEX Qantas Premium Credit Card – Details & Application
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The AMEX Qantas Premium Credit Card is for people who want a rewards card that allows them to max out their points. Talk about a jet powered reward.
Do you love travel? Is the idea of travelling in comfort your cup of tea? If so, then you will be delighted with the AMEX Qantas Premium Credit Card because this card was made for travellers. by travellers.
| Product Name | American Express Qantas Premium Card | |
|---|---|---|
| Interest Rate on Purchases | 20.74% p.a. | |
| Offer end date | 31 May 2013 | |
| Annual Fee | $249 p.a. | |
| Interest Free Period | up to 44 days | |
| Minimum Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
|
$1,000 | |
| Max Credit Limit | $100,000 | |
| Minimum Monthly Repayment | 3% | |
| Credit Card Type | American Express | |
| Late Payment Fee | $30 | |
| Complimentary Travel Insurance | Yes | |
| Available to Temporary Residents | No | |
| Joint Application | No |
Key Features for the AMEX Qantas Premium:
- Your rewards points will be transferred to your Qantas Frequent Flyer account every month on autopilot, growing your Qantas rewards in the background, ready for you when you need them.
- The annual Card fee of $249 p.a. but keep in mind the rewards and prestige you’ll get with this card.
- The good news is that any supplementary card will cost you $0 annual card fee. So if you are a couple you’ll get to enjoy this card for 50% of the cost each.
- Get two invitations for Qantas Club each year after you first use your card.
Maximise your points:
Earn 1.25 Qantas Frequent Flyer points per $1 spent until 22 July 2013 after which you will earn:
- 2 Qantas Frequent Flyer points per dollar spent2 on eligible Card purchases at:
- Major supermarket and petrol stations in Australia2
- Selected Qantas products and services in Australia3
- 1 point per dollar spent2 on eligible Card purchases at:
- All other providers, excluding those below
- Insurances offered by American Express
- 0.5 point per dollar spent1 on eligible Card purchases at:
- Utilities which are gas, water and electricity providers
- Insurance offered by companies other than American Express
-
Telecommunication providers which includes goods and services purchased
from phone, mobile and internet service providers - Government bodies including the Australian Taxation Office, Australia Post,
federal/state and local government bodies
- Earn 1 additional point for every dollar spent on your Card in Australia on selected Qantas
services4, with no caps on the number of points you can earn.
Earn Up to 7,500 extra Qantas Frequent Flyer points. When you first spend with your new AMEX Qantas Premium Credit Card you get credited 5,000 points with the option of earning another 2,500 points on selected products and services in Australia.
To be eligible for points earning you must be a Qantas Frequent Flyer member.
If you pay with your card for your travels then you are eligible for complimentary travel insurance within Australia and overseas.
Ready to Apply?
If you think this card is right for you then you can apply online. You’ll need
- information on your pay
- your drivers licence details
- Address (if you’ve moved in the last 5 years you’ll need your previous address too)
- Your QFF number if you have one.
Then click the apply button below. Click the "more information" button to find out more.
Read the American Express Qantas Premium Card terms and conditions.
Terms and Conditions
Cards are offered, issued and administered by American Express Australia Limited. Credit provided by American Express Australia Limited (ABN 92 108 952 085), Australian Credit Licence No. 291313. ®Registered Trademark of American Express Company
Applicants must be 18 years of age or over, reside in Australia and earn a minimum income of $40,000 per annum to apply for the Qantas American Express Premium Card. American Express income and credit approval criteria applies. Subject to Terms and Conditions. Interest rates, fees and charges apply. All interest rates are quoted as an Annual Percentage Rate. All information, including fees, charges and interest rates are correct as at 1 March 2013 and are subject to change.
1. Invitations are for Premium Cardmembers and are valid for Qantas Club and Qantas operated international Business Lounges only and are not valid for International First Class Lounges, Chairman’s Lounge, Qantas Domestic Business and Qantas oneworld® alliance airline, partner or associated lounges. Each invitation is valid for a single visit before the date specified on the pass when flying with Qantas or Jetstar (with a QF or JQ flight number). Qantas Club rules apply, which are available at qantas.com/qantasclub. Subject to the Qantas American Express Premium Card Insurances and Qantas Club Invitation Terms Conditions available at americanexpress.com/australia/campaigns/qantas/pdfs/pds_premiumcard.pdf Two Qantas Club Lounge Invitations will be sent to you within 6-8 weeks of your first Card spend in Australia on selected Qantas products and services on your Qantas American Express Premium Card each year. A year is defined as the period starting on the date on which the applicable Card Account is opened by American Express (anniversary date) and expiring on the day before the anniversary date each year thereafter. Qantas Club Invitation benefits cannot be carried forward to any subsequent year.
2. You must be a member of the Qantas Frequent Flyer program to earn and redeem points. A joining fee may apply. Membership and points are subject to the terms and conditions of the Qantas Frequent Flyer program available at qantas.com/terms. Points are earned in accordance with and subject to the Qantas American Express Cards Points Terms and Conditions, and exclusions apply. Eligible purchases do not include cash advances, interest, balance transfers, fees and charges for traveller’s cheques and foreign currencies. These do not earn Qantas Frequent Flyer points. For the full list of exclusions, please refer to the Qantas American Express Cards Points Terms and Conditions available at americanexpress.com.au/qantaspointsconditions. “Major supermarkets” are Bi-Lo, Flemings, Safeway, Woolworths, Coles, IGA, Franklins, Fishers, Fresh Provisions, Food For Less, Supabarn, Macro Wholefoods. Applies to transactions in Australia only. “Major petrol stations” are BP, Shell, Caltex Woolworths, 7-Eleven, Woolworths Petrol, Safeway Petrol, Peak & Gull. Applies to transactions in Australia only.
3. Selected Qantas products and services are Qantas passenger flights (with a QF flight number) purchased on the Qantas merchant account i.e. directly from Qantas, and Qantas Frequent Flyer and Qantas Club membership joining and annual fees. Excludes Jetstar, Qantas Holidays and Qantas branded non-airfare products. Subject to the Qantas American Express Cards Points Terms and Conditions available at americanexpress.com.au/qantaspointsconditions
4. The 7,500 Qantas Frequent Flyer points offer is only available to new Qantas American Express Card members who apply via the online application form, are approved by 30 June 2013 and make the required eligible Card spend(s). Points are awarded as follows:
5,000 points after your first purchase on the Card
2,500 points after your first Card spend in Australia on selected Qantas products and services.
Maximum number of points available under this offer is 7,500 points. Points are earned in accordance with and subject to the Qantas American Express Card Points Terms and Conditions available here, and exclusions apply. Please allow 6 to 8 weeks after you have made the eligible spend for the points to be credited to your account. Qantas Frequent Flyer membership and points are subject to the terms and conditions of the Qantas Frequent Flyer program available at qantas.com.
5. Qantas American Express Premium Credit Card Insurances are underwritten by ACE Insurance Limited (ABN 23 001 642 020, AFSL No. 239687) (ACE) and are subject to the terms and conditions and exclusions contained in the Qantas American Express Card Insurances policy of insurance between American Express Australia Limited (ABN 92 108 952 085, AFSL No. 291313 (American Express) and ACE. This site does not take into account your objectives, financial situation or needs. It is important for you to read the Terms and Conditions available here and consider the appropriateness of that insurance in relation to your individual requirements.
6. Supplementary Cardmembers must be 18 years of age or older. You will be liable for all spending on Supplementary Cards.
7. As long as your account remains current and in good standing.
8. Please note that the points earned on your Card for a month may be determined on an earlier day to the transactions for that month appearing on your Card statement. Any points earned on your Card in a statement period which do not appear on your Card statement for that period will appear on your next Card statement.
9. Classic Award seats are subject to capacity controls and availability is strictly limited particularly around peak times such as school and public holidays. Some flights may not have any Classic Award seats available. Award flights must be booked at least 24 hours before scheduled departure (and other advance booking requirements may apply). For more information click here.
10. Store products are for delivery in Australia or New Zealand only (and different products are available in each delivery location). Redemption of points through the online store is subject to terms and conditions (including store terms of use and voucher terms and conditions). See qantas.com/store for details
11. Provided that you notify us immediately of any fraudulent transactions and you have complied with your Card Conditions, you will not be held liable for any unauthorised charges. “Immediately” means as soon as you are aware but no later than on or after the due date for payment of the statement in which the fraudulent transaction appears.
12. If your Credit Card is lost or stolen, you must report it immediately. You can call American Express 24 hours a day. In Australia, call us on 1300 363 687. If you are overseas, report your lost or stolen Card to the nearest American Express Travel Service or Representative Office. Once you have notified us, you are not liable for any unauthorised charges.
13. Interest rates are current as at 1 March 2013 and subject to change, including changes under our Interest Rate Policy.
14. The Credit Card gives you up to 44 days interest free on purchases, depending on when you make a purchase, when your statement is issued, whether you have obtained a balance transfer and whether or not you are carrying forward a balance on your account from the previous statement period. There are no interest free days for cash advances or balance transfers.
Read the American Express Qantas Premium Card terms and conditions.
| Minimum Income | $40,000 | |
|---|---|---|
| Minimum Age | 18 years of age | |
| Available to Temporary Residents | No | |
| Credit Rating Requirement | Good | |
| Min Credit Limit This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure. | $1,000 | |
| Max Credit Limit | $100,000 |
| Annual Fee | $249 p.a. | |
|---|---|---|
| Minimum Repayment | 3% | |
| Late Payment Fee | $30 | |
| Over Limit Fee | $30 | |
| Overseas ATM Withdrawal | $2.50 | |
| Gambling Transactions Allowed | No | |
| Additional Cardholder Fee | $0 | |
| Number of Additional Cardholders | 1 |
Pros
- Although the annual fee is high, a supplementary card holder can be added to the account for $0 additional cost.
- A rate of 1.25 point per dollar spent on everyday purchases is a decent reward for your spending.
Cons
- There is only 44 days interest free when you make a purchase on this card.
- This card is expensive. There is an annual fee of $249 to use this card.
Read the American Express Qantas Premium Card terms and conditions.
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8 Responses to AMEX Qantas Premium Credit Card – Details & Application
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Hi,
In regards to the Qantas Club invitations, if I have a supplementary card, does the invitation cover the 2 of us for one entry? And if I were to fly SYD, SIN, LON return I’ll only get entry to the club for e.g Sydney at the start of the trip?
Hi Daniel. Thanks for your question. These passes are for single entry. If you wanted to bring another person, say an additional cardholder, you would have to use your second pass. According to the terms and conditions, ‘Each invitation is valid for a single visit before the date specified on the pass when flying with Qantas or Jetstar (with a QF or JQ flight number).’ So you would have to use your second pass if you wished to visit the lounge at your destination. Sorry for the delay in getting back to you. Jacob.
Hello,
Do the rewards points on this card transfer 1 to 1 for frequent flyer points and are the points capped?
Thank you
Hi Nick,
Points start at 1.25:1 for every dollar spent on eligible purchases – there are other incentives that can amount to a total 17,500 within the first months of your card. The special 17,500 points promotion is capped at that number; however, once you have reached the promotions limits, points will be accrued at their normal rate of 1.25:1
Cheers
Jeremy
What do you mean by “eligible purchases?” are reward points given for Utility Bills? Phone Bills? direct deposits?
Hi Anne.
Thanks for your question.
The following is taken from the American Express Qantas Points Terms and Conditions page:
‘No points accrue in respect of:
(a) charges prepaid prior to the first billing statement for that
Account following the Enrolment Date;
(b) Cash advance and other cash services;
(c) American Express Travellers Cheque and gift cheque purchases;
(d) charges for dishonoured cheques;
(e) interest charges;
(f) annual Card fees;
(g) late payment charges; and
(h) all other fees and charges applied to the Card Account.’
Hope this has helped.
I spend abt $180K – $250K pa on credit cards
I would like to give 6 of my employees a complimentary card
Will this card allow me to do that
Hi Richard. Sorry for the delay in getting back to your question.
The following credit cards allow over five additional cardholders: ANZ Frequent Flyer Platinum – Frequent Flyer, ANZ Frequent Flyer Platinum – Rewards, ANZ Platinum Credit Card – No Annual Fee First Year, 28 Degrees Credit Card, Westpac Business Choice Rewards Card, Westpac BusinessChoice Everyday Card, Members Equity Bank MasterCard and Citibank CitiBusiness Gold.
Thanks for your question.