American Express currently offers a free domestic Qantas return flight with their Qantas American Express Ultimate card
You can enjoy a complimentary Qantas domestic return Economy flight every year4* between selected Australian capital cities after your first Card spend in Australia on selected Qantas products and services. You'll also enjoy extensive protection for you and your family when you pay for travel on your Card.
However they are changing this bonus inclusion for a $450 Qantas travel voucher.
On 31 October 2017, the complimentary domestic flight will be replaced with a $450 Qantas Travel Credit. The Qantas Travel Credit can be redeemed for any eligible Qantas flight booked and paid online through American Express Travel in a single booking. The Qantas Travel Credit will be available each year of Card Membership, as long as you have paid the annual fee and your account is current and in good standing. You will have the option to redeem your complimentary domestic flight up until 30 April 2018, after which, only the Qantas Travel Credit will be available each Membership year.
Just wondering what people's thoughts are on this? Would it be better to rush in and book a free return flight before 31/10/2017, or wait for the $450 free travel credit to come through?
Are you paying the $450 p.a. annual fee, or have you an offer to avoid/reduce the fee?