American Express Qantas Business Credit Card – Rates and Fees

Information verified correct on December 5th, 2016

Everyone can now have an American Express Qantas Business Credit Card.

Make your dollar work harder by earning rewards on your business’ eligible purchases. Earn Qantas Points when you spend for your business and use your Qantas Points to get flights and merchandise. Plus, get up to 51 days interest-free when you use the card to make a purchase and you pay your account in full when your statement arrives.

A credit card is a great way to keep track of business spending, and they come with business focused features that make accounting and spend analysis a breeze. The American Express Qantas Business Credit Card offers features which streamline your accounting process. Download account details and GST breakdowns right to your business accounting software.

Product NameAmerican Express Qantas 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 Monthly Repayment2.5% or $30
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
Complimentary Travel Insurance Cover0 months
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.
Minimum Repayment2.5% or $30
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.
BPAYYes
ChequeYes
Direct DebitYes
Australia PostYes
Phone BankingYes
Internet Banking TransfersYes
In BranchYes
MailYes

Pros

  • There is no set credit limit for this product. This makes it the perfect cash flow management tool for businesses 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

  • This card is not cheap. The annual fee is $299 and each additional card holder will cost $119.
  • A joining fee applies 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

American Express Qantas Business Credit Card review

What’s more, you earn Qantas Points on your business spending. Earn 1 Qantas Point per dollar spent on eligible purchases. You also get up to 51 days interest-free. Pay the account in full each month and use the American Express Qantas Business Credit Card for interest-free purchases between each statement period.

Our American Express Qantas Business Credit Card review will cover the important features of the product to help you make a decision about whether this is the right card to compliment your business spending.

Benefits of the American Express Qantas Business Credit Card

  • Qantas Points earn rate. Earn 2 Qantas Points for every $1 spent on selected Qantas products and services in Australia and 1 Qantas Point for every $1 spent on other "eligible" purchases.
  • Redeem Qantas Points. Qantas Points can be redeemed for flights with Qantas or partner airlines and upgraded fares, gift cards from department stores and other retailers and merchandise including appliances, electronics, homewares and more.
  • Complimentary Travel Inconvenience Cover. Complimentary Travel Inconvenience Cover offers financial reimbursement in the event that you miss your flight connections, or your flight or luggage is delayed. All you need to do is pay for your trip using the card or Qantas Points.
  • Eligibility to Apple Pay. This will let you pay for purchases in a fast, easy, secure, and most convenient way using your compatible Apple device with just one touch through Apple's Touch ID technology. Learn more about it here.
  • Eligibility to Samsung Pay. As an American Express cardholder, you can easily make contactless payments through the Samsung Pay application. Learn more about it here.
  • Eligibility to Android Pay. Once you register your American Express Qantas Business Card to the Android Pay feature, you can start using your android device to make fast and easy contactless payments whenever you shop in eligible merchants. Learn more about it here.

Features of the American Express Qantas Business Credit Card

  • Annual fee. The American Express Qantas Business Credit Card has an annual fee of $299.
  • Earning points. Earn 1 Qantas Point per dollar spent on eligible purchases and 2 Qantas Points per dollar spent on Qantas services.
  • Complimentary insurance. Complimentary Travel Inconvenience Insurance covers you if you miss a flight or your luggage is delayed, for example, while in transit.
  • Interest-free days. Get up to 51 days interest-free when a purchase is charged to the card and the account is paid in full each month.
  • Supplementary cards. The ability to get supplementary cards linked to your account so that other employees can use the account.
  • Fraud protection. The Online Fraud Protection Guarantee, which doesn’t hold you liable for unauthorised transactions made using your account.
  • Business features. You and the business are liable to for spending on the account, supplementary card holders are jointly liable with the primary cardholder for spending and charges on the account. You can use your credit card statement to support your claim for tax credits without holding a tax invoice or adjustment note.The presentation of GST information on credit card statements meets legislative requirements. If there is an entry on your credit card statement which does not display the GST breakdown, obtain a Tax Invoice or Adjustment Note to support your GST input claims.

Points earning exemptions

You won’t earn points on the following transactions:

  • Charges paid prior to the first billing statement
  • Cash advances and other cash services, like purchasing travellers cheques
  • Interest charges
  • Card fees
  • All other fees and charges applied to the account

How to apply for the American Express Qantas Business Credit Card.

Read the following section of the review for information on how to apply for the American Express Qantas Business Credit Card.

Eligibility criteria

  • Be over 18 years of age
  • Be an Australian citizen or permanent Australian resident
  • Have a pre-tax yearly income of $24,000 or more
  • Have a good credit history

Required documents

  • Your existing American Express Card number, if you have one
  • Your driver’s licence details, if you have one
  • Your ABN Number
  • Your accountant’s contact details
  • Your merchant details, if applicable

Provided you have this information easily available, the application will take around 10 minutes and it should take 5 to 10 working days to process

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