Our pick for 🏆
Best All-Rounder
American Express Ultimate
Improve your travel life with free flights, up to 4 lounge passes each year and free travel insurance.
Why we chose the American Express Ultimate Credit Card
This is a card with a bigger annual fee but a bigger set of travel perks, too. The $450 Travel Credit can help offset the annual fee each year, which is a big win if you’re a regular Qantas flyer.
Pros:
- 100,000 bonus Qantas Points
- 1.25 Qantas points per $1 spent on everyday transactions (but after a total of 80,000 Qantas Points is earned in a calendar year, the everyday earn rate will change from 1.25 to 1 Qantas Point per $1 spent)
- Earn 0.5 points per $1 on government bodies.<
- Complimentary $450 Qantas Travel Credit each year
- Domestic and international travel insurance
- 4 complimentary lounge passes each year
Cons:
- High interest rate of 23.99%
- Points are uncapped, but the earn rate does drop to 1 Point per $1 after you’ve earned 100k in a calendar year
▼ Terms and conditions apply.
Earn 100,000 bonus Qantas Points when you apply online by 18 March 2025, are approved, and spend $5,000 on eligible purchases on your new card within the first 3 months. This offer is for new Amex card holders only – if you’ve had an Amex card within the last 18 months you’ll be ineligible for the bonus points.
