Qantas American Express Business Card – Rates and Fees

Manage work spending and earn more Qantas Points with the American Express Business Card.

This business charge card offers 2 Qantas Points per $1 spent on selected Qantas purchases in Australia, 1 point per $1 on most everyday purchases and 0.5 points per $1 for spending with government bodies, insurance providers (except American Express) and utilities. It also offers complimentary travel insurance, additional cardholders and compatibility with MYOB, Microsoft Excel and Quicken.

Product NameQantas American Express Business Card
Rewards ProgramQantas Frequent Flyer
Annual fee$299 p.a.
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 51 days on purchases
Minimum Income$24,000
Card TypeAmerican Express
Foreign Currency Conversion Fee (AMEX)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Complimentary Travel InsuranceYes
Available To Temporary ResidentsNo
Joint ApplicationNo
Minimum Income$24,000
Minimum Age18 years of age
Available to Temporary ResidentsNo
Credit Rating Requirement
Credit rating requirement is provided only as a guide. Understanding your credit file helps you make more informed decisions in regards to your finances. Learn more about what this means here.
Good
Annual Fee$299 p.a.
Foreign Currency Conversion Fee (AMEX)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Gambling Transactions AllowedNo
Additional Cardholder Fee$119 p.a.
Number of Additional Cardholders99
BPAYYes
ChequeYes
Direct DebitYes
Australia PostYes
Phone BankingYes
Internet Banking TransfersYes
In BranchYes
MailYes

Pros

  • There is no pre-set credit limit for this product. This helps in managing your cash flow on businesses especially when covering large or small expenses, although terms and conditions do apply.
  • This card can be integrated with a range of business and accounting software. This makes it easy to monitor your and your employee's spending.

Cons

  • The annual fee is $299 and each additional cardholder will cost $119.
  • A joining fee may apply if you wish to join the Qantas Frequent Flyer program.
Rewards ProgramQantas Frequent Flyer
Rewards Points per $ (VISA/MC)0
Rewards Points per $ (AMEX)1
Points ExpiryNever

Review of the Qantas American Express Business Card

With features including no pre-set spending limit, cash flow for up to 51 days and transaction data feeds to MYOB accounting software, the Qantas American Express Business Card is designed to help you keep track of work spending and simplify accounting processes. You can also get additional cards for your employees, although there is an annual fee of $119 for each additional card. This is in addition to the main card's annual fee of $299 p.a..

This card also offers other benefits for you and your business, including up to 2 Qantas Points per $1 spent and complimentary domestic and international travel insurance when you use your card to pay for your trip. As it is a charge card, it has no interest rate on purchases. Instead, you'll need to pay the balance in full by the due date on your statement to keep the account in good standing.

Benefits and features of the American Express Qantas Business Card

Some of the most popular features of this business charge card include:

  • Qantas Points. Earn 2 Qantas Points for every $1 spent on selected Qantas products and services in Australia, 1 Qantas Point per $1 spent on eligible purchases and 0.5 points per $1 for spending with government bodies, insurance providers (excluding American Express) and on utilities. Note that you won't earn points on annual fees, late payment fees or fees and charges for traveller's cheques and foreign currencies.
  • Flexible spending limit. As a charge card, you are not issued with a specific credit limit. Instead, your purchases are approved by American Express based on factors including your current spending patterns, payment history, credit records and other financial resources. This can offer you more flexibility when managing business expenses that may vary from month-to-month.
  • Complimentary travel insurance. Enjoy complimentary domestic and international travel insurance cover when you use your Qantas American Express Business Card to pay for your travel arrangements. This cover is available for additional cardholders linked to the account and may also extend to your spouse and any dependent children travelling with you when they meet the eligibility requirements. Refer to the Qantas American Express Business Card insurance terms and conditions booklet (available of the Amex website) for more details.
  • Complimentary travel inconvenience cover. If you purchase your trip on your card, you can get cover for flight delays, missed connections or delayed luggage.
  • MYOB transaction feed. Get transaction data automatically sent to MYOB by linking your card and MYOB accounts so that you can easily manage your accounting and reconciliation processes.
  • Accounting software compatibility. With this card, you can download statements and transaction details, view balances and keep track of business expenditure with MYOB, Microsoft Excel or Quicken.

Rates and fees of the American Express Qantas Business Card

  • Annual fee. The American Express Qantas Business Card has an annual fee of $299.
  • Additional cardholder annual fee. There is an annual fee of $119 for every additional card linked to your account.
  • Payment period. This card offers you up to 51 days to pay for your purchases, providing you pay your account balance in full by the due date on each statement. However, the number of days you have to pay your purchases off varies based on factors including when you make a purchase and when your statement is issued.
  • Currency conversion. A fee of 3% of the total transaction cost applies when you use this card to pay for purchases overseas or online with an international retailer.

How to apply for the Qantas American Express Business Card

You can apply for the Qantas American Express Business Card online in a few minutes. Before you get started, make sure you meet the eligibility requirements and have all the relevant documents and details on hand.

Eligibility criteria

  • Are you over 18? This is the minimum age you must be to apply for a line of credit in Australia.
  • Are you an Australian citizen or resident? You must be an Australian citizen or permanent resident of Australia to apply for this card.
  • Do you earn at least $24,000 per year? You must have a pre-tax yearly income of $24,000 or more.

Required documents

  • Personal details. This includes your full name, date of birth and contact details. You'll also be required to provide identification, such as your driver's licence.
  • Business details. This includes your business entity's name, contact details and financial details. You may also need to provide your ABN and recent tax statements.
  • Accountant details. You'll need to provide contact details for your accountant to verify the financial details you provide.

The Qantas American Express Business Card gives you a way to earn more frequent flyer rewards for your business spending. It also provides a range of features that can help make business spending and accounting easier to manage, including flexible cash flow and compatibility with accounting software. As this is one of the only charge cards currently available for business spending, comparing the features and repayment requirements to a range of other business products will help you find a card that works for your needs.

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