How much does peace of mind cost? With the Amex Qantas Premium card, just around $20 a month. Not only that, you’ll likely make back that money simply by taking advantage of the perks, benefits and rewards that come attached with this travel credit card with a competitive interest rate. Read on to find out how.

Interest Rates, Fees & Charges

Interest Rate on Purchases 0% p.a. for 6 months (reverts to 20.74% p.a.)
Annual Fee $249
Interest Free Period up to 44 days
Cash Advance Rate 20.99% p.a.
Card Type Standard
Minimum Income Requirement $40,000 p.a.
Credit Card Type American Express
Rewards Program Yes

Amex Qantas Premium

  • 1.25 Qantas Frequent Flyer points for every dollar spent
  • 2.25 Qantas Frequent Flyer points earned for every dollar spent on selected Qantas products and services
  • Complimentary travel insurance for overseas and domestic travel
  • Earn up to 7,500 Qantas Frequent Flyer points after your first purchase.
  • $249 annual fee
  • 0% p.a. for 6 months (reverts to 20.74% p.a.) interest rate

Life happens. Baggage gets lost. Flights get cancelled. Hotels lose your reservation. Any single one of these things can ruin a vacation or business trip and cost you hundreds of dollars out of pocket. But with Amex Qantas Premium, such disasters won’t cost you a cent. When you book a flight using your Amex Qantas Premium card, you’re protected in the case of trip interruption, travel inconvenience and other unexpected expenses while flying overseas or within Australia. That alone is worth the annual fee for this card.

But even if the worst doesn’t happen, the Amex Qantas Premium is a lucrative piece of plastic to have in your wallet. It has one of the highest accrual rates for Qantas Frequent Flyer points among all comparable credit cards. Currently, you get an immediate 5,000 points after your first card transaction and an additional 2,500 points after booking your first Qantas flight. The returns for the Amex Qantas Premium are almost immediate and the reward can save you a heap of money in the long run.

Bottom-line: Anyone who plans on flying Qantas in the next few months, regularly or just occasionally, can stand to benefit heavily from the Amex Qantas Premium credit card. The annual fee is negligible when compared to the hundreds of dollars you’ll save just by using this card for all of your travel purchases.

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