Okay this is why I have the offer:
As a Qantas American Express Ultimate Card Member, you are eligible for a $450 Travel Credit which can be used for Qantas flights. With the continued uncertainty about travel this year we've already extended the expiry of the Qantas Travel Credit to 31st March 20211. However we know for many of you, the time still isn't right to travel.
Given this, we've changed how you can use the Qantas Travel Credit that was extended to 31st March 2021.
In place of the $450 Qantas Travel Credit you'll now have a credit worth up to $450 to spend on Qantas flights booked directly through Qantas, or at Qantas Hotels, Qantas Wine or at the Qantas Rewards Store by 31st of March, 2021.