Applicants must be 18 years of age or over to apply. American Express credit approval criteria applies. Subject to Terms and Conditions. Fees and charges apply. All information is correct as at 16 December 2010 and is subject to change.

1. You must be a member of the Qantas Frequent Flyer program to earn and redeem points. A joining fee applies. Membership and points are subject to the Terms and Conditions of the Qantas Frequent Flyer program. Subject to Points Terms and Conditions and exclusions apply. Membership is only open to individuals. Qantas Frequent Flyer points will be transferred automatically each month to your Qantas Frequent Flyer account. There may be tax implications associated with your participation in the Qantas Frequent Flyer program. You should check with your accountant or tax adviser for further information.

2. No pre-set spending limit does not mean unlimited spending. Your purchases are approved based on a variety of factors, including current spending patterns, your payment history, credit records, and financial resources known to us.

3. Depending upon when you make a purchase, when your statement is issued and whether or not you are carrying forward a balance on your account from your previous statement period. There are no interest free days on Cash Advances.

4. Selected Qantas products and services are: (a) Qantas passenger flights with a QF flight number, and Qantas Club and Qantas Frequent Flyer memberships, purchased on the merchant account i.e. directly with Qantas or some travel agents, and (b) purchases from Qantas Travel shops. Excludes Qantas Freight, Qantas Holidays, Jetset Group, Jetstar, and Qantas branded non-airfare products operated by third parties, e.g. Qantas Box Office. Subject to Points Terms and Conditions.

5. The number of points required for a one-way Economy Classic Award flight from Sydney to Melbourne is 8,000 points plus surcharges, fees and taxes of AUD10.82 or 3,000 points. Surcharge fees and taxes are subject to change without notice and are payable in addition to the base amount of points at the time of booking. Classic Award seats are subject to capacity controls and availability is limited. Some flights may not have any Classic Award seats available.

6. The points required for Qantas & Jetstar Any Seat Awards are variable and are only valid when quoted. There is no fixed relationship between the cash price charged by the applicable airline for a seat and the points required to redeem an Any Seat Award through Qantas Frequent Flyer. Not all special promotional fares are available as Any Seat Awards. Award flights must be booked at least 24 hours before scheduled departure (and other advance booking requirements may apply). For more information see qantas.com.

7. Transactions with GST itemisation on American Express Commercial Card statements can act as proof of purchase for taxation purposes, and may substitute for a tax invoice when claiming input tax credits. However, original tax invoice retention is required where the merchant is classified as a Mixed Supply merchant.

8. Qantas American Express Business Card Insurances are underwritten by ACE Insurance Limited (ABN 23 001 642 020, AFSL No. 239687) (ACE) and are subject to the terms and conditions and exclusions contained in the Qantas American Express Card Insurances policy of insurance between American Express Australia Limited (ABN 92 108 952 085, AFSL No. 291313 (American Express) and ACE. This site does not take into account your objectives, financial situation or needs. It is important for you to read the Terms and Conditions available at americanexpress.com.au/business and consider the appropriateness of that insurance in relation to your individual requirements.

9. Provided that you notify us immediately upon discovery of any fraudulent transactions and you have complied with your Cardmember Agreement, you will not be held liable for any unauthorised charges.

American Express Australia Limited (ABN 92 108 952 085) ®Registered Trademark of American Express Company.