Amex Ultimate Card Remains Top Choice Amid Credit Card Overhaul

The credit card landscape in Australia is undergoing significant changes due to the upcoming RBA's ban on surcharges. Amidst this shift, one credit card stands out from the rest: the Qantas American Express Ultimate Card.

This card offers exceptional value for frequent flyers, delivering bonus points regularly and paying out on travel insurance claims. With its annual fee effectively cancelled out by a matching travel credit, savvy cardholders can enjoy the benefits without incurring additional costs.

The card earns 1.25 Qantas points for every dollar spent, although this rate drops to one point per dollar after reaching 100,000 points in a year. Additionally, users receive free travel insurance if they pay for their return trip on the card.