Recently received my AMEX Qantas Ultimate credit card (for the 100k bonus points). $450 fee - but they spruik you get $450 travel credit. I understand the QF ticket requirement, its a QF card after all.
What is disappointing, is almost every flight i tried to book, i cross referenced against the Qantas website, and AMEX was significantly more expensive than the Qantas direct website - all other airlines seem to be on par with competitive pricing, but Qantas flights are not!
Eg: Sydney to Nadi in June 2020 QF: $1,176 for 2pax, AMEX: $1,401. I checked a few other flights, eg SYD - BNE were $60-70 more for a $200 return flight compared to Qantas directly.
So given this overcharging, you're only getting ~$200 benefit of your $450, which i would argue is a misrepresentation in their marketing practice - given they spruik the benefit but grossly erode it in pricing.
Has anyone else experienced this, or had any luck getting comparative flight pricing through AMEX compared to direct? Am i just doing something wrong??
Report to ACCC..?