Australian personal credit cards
Qantas credit cards: compare points, fees and bonus terms
A Qantas card's annual fee, everyday earn rate and bonus conditions all affect what it costs to build your balance. Start with the spending you already do, then compare first-year and ongoing costs. Keep extra bonus points separate until you know you qualify.
Compare Qantas earning at a glance
This comparison covers 7 personal cards in our reviewed list. It does not cover every Australian card. Direct cards appear first, ordered by the ordinary starting earn rate and then fee. Bank cards follow, ordered by the Qantas equivalent. This is an earning comparison, not a ranking of suitability. Links go to issuer information and are not commission links.
- Qantas American Express Ultimate Card
- Ongoing fees
- $450 / year
- Ordinary starting rate
- 1.25 Qantas Points / $1
Initial bonus: check issuer offer.
Spending tiers, first-year fees and bonus terms - Qantas American Express Premium Card
- Ongoing fees
- $249 / year
- Ordinary starting rate
- 1 Qantas Points / $1
Initial bonus: check issuer offer.
Spending tiers, first-year fees and bonus terms - ANZ Frequent Flyer Black Credit Card
- Ongoing fees
- $425 / year
- Ordinary starting rate
- 1 Qantas Points / $1
Initial bonus: check issuer offer.
Spending tiers, first-year fees and bonus terms - Qantas American Express Discovery Card
- Ongoing fees
- $0 / year
- Ordinary starting rate
- 0.75 Qantas Points / $1
Initial bonus: check issuer offer.
Spending tiers, first-year fees and bonus terms - ANZ Frequent Flyer Platinum Credit Card
- Ongoing fees
- $295 / year
- Ordinary starting rate
- 0.75 Qantas Points / $1
Initial bonus: check issuer offer.
Spending tiers, first-year fees and bonus terms - NAB Qantas Rewards Signature Card
- Ongoing fees
- $449 / year
- Ordinary starting rate
- 0.75 Qantas Points / $1
Initial bonus: check issuer offer.
Spending tiers, first-year fees and bonus terms - Westpac Altitude Qantas Black Credit Card
- Ongoing fees
- $370 / year
- Ordinary starting rate
- 0.5 Qantas Points / $1
Initial bonus: check issuer offer.
Spending tiers, first-year fees and bonus terms
Rates shown for 2026-10-24. They apply to ordinary eligible purchases before spending tiers and exclude government spending, category bonuses and transfer promotions. Each card's notes explain the thresholds. First-year discounts and credits appear separately below. Transfer minimums and increments may prevent you from moving the full calculated bank-point equivalent in one transaction.
What makes a card worth its fee?
Start with a trip you can realistically book. A higher earn rate matters only if the extra points save enough on that trip to justify the extra cost. Use the fare you would otherwise buy, subtract the reward booking's cash payment, and compare the saving with your card fees and surcharges.
The Qantas American Express Discovery Card has an ongoing $0 annual card fee in the current issuer terms. That makes it a useful starting comparison for modest spending, provided Amex is accepted where you shop and the surcharges are acceptable. A $0 annual fee does not remove interest or other charges. Our no annual fee Qantas guide compares that structure with temporary waivers and paid cards.
A travel credit needs a separate calculation. The Ultimate card's $450 Qantas Travel Credit requires an eligible booking through Amex Travel worth at least the credit amount. Count only the saving on a booking you would otherwise make. Paying a $450 annual fee and receiving a restricted credit is different from having no annual fee.
Visa and Mastercard options can be useful where Amex acceptance or surcharges affect your spending. Compare your actual merchants, then apply the card's spending tiers. This page separates personal cards from business cards; business eligibility and Qantas Business Rewards accounts need their own comparison. CommBank's optional Qantas-earning mode also has an extra program fee and is not a standalone direct-card row here.
If you carry a balance, interest can cost more than the rewards save. Moneysmart's guidance is to compare costs as well as features. Do not add purchases to reach a bonus unless those purchases already fit your budget.
Worked example: $2,000 of eligible spending per statement period
This hypothetical example uses $2,000 in each of 12 statement periods and holds the terms checked on 9 September 2026 constant for a year. All spending is ordinary eligible domestic spending, with the balance paid in full. We exclude sign-up bonuses, interest, surcharges, transfer promotions, category bonuses and travel benefits. Actual terms may change during that year.
Discovery: $24,000 × 0.75 = 18,000 Qantas Points, with a $0 annual fee. Ultimate: $24,000 × 1.25 = 30,000 Qantas Points, with a $450 annual fee. The extra 12,000 points cost an additional $450 before any usable benefits. Converting that cost to cents gives $450 ÷ 12,000 × 100 = 3.75 cents per extra point.
The paid card does not win this example just because it earns more points. A usable credit or bonus could change the result, but it needs its own conditions and value calculation. See what Qantas Points are worth for a real booking.
Card terms and bonus conditions
Open each bonus panel for qualifying spend, later stages, fee concessions and previous-card exclusions. Bonuses are counted in the card's own currency. A later-year bonus is not part of the initial amount, and can require another annual fee. Unverified or overdue promotional amounts are withheld. Read the issuer's application terms before applying.
Qantas American Express Ultimate Card
- Ongoing annual fees
- $450
- Initial points bonus
- Check issuer offer
- Network
- Amex
1.25 Qantas Points per eligible dollar; 0.5 on government spending. Once the account earns 100,000 Qantas Points in a calendar year, the ordinary rate becomes 1 point per dollar. Selected Qantas purchases earn a higher rate.
The card earns 1.25 Qantas Points per eligible dollar before tiers. The comparison expresses that rate in Qantas Points. Where a transfer is needed, it uses the standard rate without a transfer bonus.
Last updated
Qantas American Express Premium Card
- Ongoing annual fees
- $249
- Initial points bonus
- Check issuer offer
- Network
- Amex
1 Qantas Point per eligible dollar; 0.5 on government spending. Selected Qantas purchases earn a higher rate. Annual card fee $249.
The card earns 1 Qantas Points per eligible dollar before tiers. The comparison expresses that rate in Qantas Points. Where a transfer is needed, it uses the standard rate without a transfer bonus.
Last updated
ANZ Frequent Flyer Black Credit Card
- Ongoing annual fees
- $425
- Initial points bonus
- Check issuer offer
- Network
- Visa
1 Qantas Point per eligible dollar for the first $7,500 per statement period, then 0.5. For statements issued on or after 28 November 2026, spending above $50,000 per statement period earns no ordinary purchase points. Separate bonus points on selected Qantas purchases remain uncapped. The $425 annual total includes the rewards program service fee.
The card earns 1 Qantas Points per eligible dollar before tiers. The comparison expresses that rate in Qantas Points. Where a transfer is needed, it uses the standard rate without a transfer bonus.
Last updated
Qantas American Express Discovery Card
- Ongoing annual fees
- $0
- Initial points bonus
- Check issuer offer
- Network
- Amex
0.75 Qantas Points per eligible dollar, or 0.5 on government spending. Selected Qantas purchases earn 1.75 points per dollar. No annual card fee; interest, surcharges and other charges can still apply.
The card earns 0.75 Qantas Points per eligible dollar before tiers. The comparison expresses that rate in Qantas Points. Where a transfer is needed, it uses the standard rate without a transfer bonus.
Last updated
ANZ Frequent Flyer Platinum Credit Card
- Ongoing annual fees
- $295
- Initial points bonus
- Check issuer offer
- Network
- Visa
0.75 Qantas Points per eligible dollar for the first $3,000 per statement period, then 0.5. For statements issued on or after 28 November 2026, spending above $25,000 per statement period earns no ordinary purchase points. Separate bonus points on selected Qantas purchases remain uncapped. The $295 annual total includes the rewards program service fee.
The card earns 0.75 Qantas Points per eligible dollar before tiers. The comparison expresses that rate in Qantas Points. Where a transfer is needed, it uses the standard rate without a transfer bonus.
Last updated
Common questions
Which card is best for Qantas Points?
There is no single answer across spending levels and travel plans. Compare an affordable fee, the earning you can sustain, eligible bonuses and a redemption you can use. A card with the largest advertised total may require two years of fees and spending.
Does getting approved mean I will receive the bonus?
No. Approval, bonus eligibility, qualifying spending and points being credited are separate steps. Save the offer terms and the relevant approval or activation date. Our bonus eligibility guide includes example timelines and a worksheet.
Should I collect points before choosing a trip?
Check a few routes and dates first. A points balance does not guarantee reward seats. The Qantas redemption guide explains how to compare chart prices, cash payments and available seats.