Thousands of bonus points, Qantas lounge invites and travel insurance. Welcome to the world of AMEX for Qantas.

Have you ever thought of owning an American Express? If you are a frequent flyer, it might be time to consider switching.American express is growing fast in Australia this financial year. The credit card provider is also offering more affordable products for various levels of income and spending, along with being accepted in more locations.

Today we are reviewing our favourite American Express card for the start of 2016 – The Qantas Premium Card.

american express qantas card review

Update: If you sign up before February 29th 2016 you can earn up to 80,000 bonus Qantas Points! (normally around 30,000)

American Express Premium Key Benefits:

  • Earn 80,000 bonus Qantas Points when you apply by 29 February 2016, are approved and meet the spend criteria. This introductory offer is available to new American Express Card Members only
  • Earn up to 2 Qantas Points per $1 spent on eligible purchases. 
  • 0% p.a. on balance transfers for the first 12 months. A one-off credit plan establishment fee of 1% applies to any balances transferred
  • $0 annual Card fee for Supplementary Cards so you can earn more Qantas Points
  • No cap on the amount of Qantas Points you can earn as long as your account remains current and in good standing
  • Complimentary domestic and international travel insurance
  • Enjoy two complimentary Qantas Club lounge invitations each year after your first Card spend on selected Qantas products and services

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The benefits:

This card is perfect for those who want to fly overseas each year, enjoying the benefits of Qantas, their lounges and some bonus insurance for the road. The main requirement for this card is that you’re earning over $40,000 per year (pre-tax). This card has a $250 annual fee, however, the benefits overshadow the cost by miles. Let’s take a closer look.

Points accumulation:

When shopping at major groceries and fuel stations you will earn 2 points per dollar on the card. You can also earn 2 points per dollar when using your card for Qantas products and services. This means you can boost your Qantas points when purchasing flights ontop of the points you will earn within the ticket itself. For all other eligible purchase its a 1:1 ratio, and for utilities, governments and the ATO its 0.5 points per one dollar.

You can also request up to 4 supplimentary cards at no extra cost to give to family members and earn points faster. Don’t forget – this card has no points cap! As long as you keep your account in good balance and standing.

amex card qantas lounge invitation

Enjoy access to Qantas Lounges with two complimentary invitations per year!

Lounge access:

One of significant benefits of owning this card is you will receive two complimentary Qantas lounge invites per year. These invitations can be used at any Qantas domestic of international lounge – except for the shared LAX lounge. This is great value and a nice touch to treat yourself and a friend before a flight. Your lounge passes are gifted to you after your first spend with the card, and yes, you are allowed to gift the passes to a friend.

Other benefits:

The card comes with Amex insurance benefits which includes medical emergency expenses cover (up to 2.5 million dollars!), transport accidental cover, baggage and documents cover and other benefits. For the full list we recommend you read the PDS here.

qantas business class amex card points

You could be in this business class seat sooner than you think! All for free with your points!

Bonus points – where can 80k take you?

When signing up before Feb 29th you need to spend $3000 in the first 3 months of becoming a AMEX card holder. Once you reach the spend you will be sent your whopping 80,000 points after about 8 weeks after the spend period. When receiving the card you will also earn 2,500 bonus points (ontop of the 80,000) if you use your card for any qantas products and services. We recommend using your Amex to book a flight during this period to not let those points go to waste. If you’re not booking a flight yourself, it would be wise to ask your family and friends if they need a flight – and ask them to book using your card!

80,000 points can get you a few places… Here’s some of our favourites:

Brisbane to Melbourne in Business Class: 48,000 points return
Brisbane/Sydney to Hong Kong in Economy: 56,000 points return
Brisbane/Sydney to Singapore in Economy: 65,000 points return
Brisbane/Sydney to Auckland in Business Class: 72,000 points return
Sydney to Tokyo in Economy: 72,000 points return

amex apple pay

Amex and Apple Pay

Amex cards are also the only available Apple Pay compatible cards currently. This means you can load up your amex and with one tap be using you iPhone to pay for fuel, shopping and those moments when you are without the wallet! Have fun showing off to your friends – just remember to pay your credit bill!

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Thinking of applying?

If you have any questions – we recommend you tweet us here and also ask us for a referral. When we provide you a referal you may be eligible to earn bonus points! For more information about referral cards click here.

If you are going to sign up for this card, do so via our friends at PointsHack! Click here to learn more

Are you a business looking to strategise your points for optimal flight reward redemption? Don’t waste anymore time in economy, we know how to fly you in business class (all the time!) for the same price – Click here to chat to our friends at iFlyFlat.com.au