To receive an additional 50,000 bonus Qantas Points, you need to remain a Qantas American Express Ultimate Card Member and spend $5,000 or more on eligible purchases within the first 3 months of your second year of Card Membership. Qantas Points are earned in accordance with and subject to the Qantas American Express Card Terms and Conditions. Subject to Qantas American Express Card Points Terms and Conditions. Qantas Wine Premium Membership will be automatically applied within 2 weeks of Qantas Points being credited to your Qantas Frequent Flyer account from your first spend on your Qantas American Express Premium Card. Qantas Wine is operated by Qantas Frequent Flyer Operations Pty Limited ABN 22 132 484 210.