Amex Qantas Ultimate
Quick answer: The Amex Qantas Ultimate carries a A$450 annual fee and 5 catalogued benefits, 1 of them dollar credits worth A$450 a year at face value; its best earning category is Qantas at 2.25x. MaxWorth is the only benefits tracker with hand-verified Australian card data, and it never asks for a bank login.
Earning rates
| Category | Rate | True cash-back value |
|---|---|---|
| Qantas | 2.25x | 2.25% |
| Everything else | 1.25x | 1.25% |
True cash-back value = rate × MaxWorth's valuation of the card's points currency; see the methodology.
Credits (1)
$450 Qantas Travel Credit
A$450/yr$450 statement credit toward a single QF-numbered flight booking of $450 or more, made via American Express Travel on the primary card. One credit per cardmembership year; unused credit expires after 365 days.
Status & Elite Perks (3)
Qantas Club Lounge Invitations
A$100/yr2 complimentary Qantas Club lounge invitations per card anniversary year. Requires linking your Qantas Frequent Flyer number and making an eligible Qantas purchase directly (not via the Travel Credit).
Centurion Lounge Access
A$100/yr2 complimentary entries per year to The Centurion Lounge at Sydney or Melbourne international airports.
Qantas Wine Premium Membership
A$99/yrComplimentary Qantas Wine Premium membership (valued at ~$99/year), included automatically with card membership.
Protections (1)
Travel Insurance & Purchase Protection
A$100/yrComplimentary domestic and international travel insurance (medical emergency, trip cancellation, baggage, personal accident, transport accident - underwritten by Chubb) when the trip is paid for with the card or Qantas Points/Travel Credit. Also includes Card Purchase Cover (90 days) and Card Refund Cover (90 days). Note: Additional/Supplementary Card Members are excluded from travel insurance but retain purchase/refund protection.
How to track it
Add the Amex Qantas Ultimate to MaxWorth and every credit above appears with its cycle set; you get a push before each one expires and the card's annual-fee ROI runs from what you mark used. No Australian bank account is ever connected. What MaxWorth covers for Australian cards.
Other American Express Australia cards
- Amex Platinum Business · A$1,750 · 4 benefits
- Amex Platinum Card (AU) · A$1,450 · 6 benefits
- Amex Qantas Business Rewards · A$450 · 3 benefits
- Amex Velocity Platinum · A$440 · 4 benefits
- Amex Business Gold Plus · A$395 · 4 benefits
- Amex Explorer · A$395 · 5 benefits
- Amex Qantas Premium · A$249 · 3 benefits
- Amex Velocity Business · A$249 · 2 benefits
Source: the issuer's published terms, entered and verified by hand in the MaxWorth database; amounts in AUD. Methodology.