This is NOT available on Amex's website but is by referral - so please use a random referral which will also benefit a fellow OzBargainer (click here or find it listed in the referral box below).
The referrer gets 40k points.
Card benefits include:
- a $450 Qantas travel credit each year (for Qantas flights booked via Amex Travel)
- 2 Qantas lounge passes after you book a flight with Qantas directly
- 2 Amex lounge passes (for Melb and Syd international)
- travel insurance
- Qantas Wine premium membership
- 4 free supplementary cards
Annual fee: $450
New Amex cardholders only. You must not have held a card issued by Amex Australia in the last 18 months.
It seems like a large part of the net value will be determined by how efficiently you can offload the $450 qantas travel credit.
I only fly cheap economy so usually Qantas is significantly more expensive than the equivalent fare I would have taken. Thus if I overpay when using the $450 credit, it degrades most of the value of this entire deal because of the $450 annual fee.