This deal is back. Unfortunately I still have 6 months left on my 18 month period :(
Receive 100,000 bonus Qantas Points when you apply online by 14 April 2020, are approved and spend $3,000 on your new Card within the first 3 months. T&Cs apply. New Card Members*.
Minimum Annual Income: $65,000
Annual Fee: $450
Offer Expires: April 14th 2020
*Bonus & Eligibility: 100,000 bonus offer is only available to new American Express Card Members who apply online for the Qantas American Express Ultimate Card by 14 April 2020, are approved and spend $3,000 on eligible purchases on their new Card in the first 3 months from the Card approval date. This is a limited time offer which may be withdrawn or changed at any time without notice. Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited, in the preceding 18 month period are ineligible for the bonus Qantas Points offer. Eligible purchases do not include cash advances, interest, balance transfers, fees and charges for traveller’s cheques and foreign currencies. Qantas Points are earned in accordance with and subject to the Qantas American Express Card Points Terms and Conditions. Please allow 8 to 10 weeks after you have met the spend criteria for the 100,000 Qantas Points to be credited to your Qantas Frequent Flyer account. Qantas Frequent Flyer membership and the earning and redemption of points are subject to the Terms and Conditions of the Qantas Frequent Flyer program available at qantas.com/terms. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer.
I'd suggest people who do apply used a referral link as a fellow ozbargainer will get a points bonus. It is the same deal for using a referral.