American Express Qantas Business Rewards Card

This card offers 120,000 bonus Qantas Points, travel perks and a $0 annual fee for the first year, but that goes to $450 from the second year on.

The American Express Qantas Business Rewards card helps business owners keep track of expenses, earn Qantas Points for their spending and get access to other business and travel perks. Right now, it offers you 120,000 bonus Qantas Points when you apply for a new Amex Qantas Business Rewards card by 06 October 2021 and spend $3,000 in the first 2 months from card approval.

You’ll also earn up to 2 Qantas Points per $1 spent, with triple points on eligible Qantas flights and Qantas Club lounge passes. Plus additional cards for employees. While the introductory offer means you’ll save on the $450 annual fee in the first year, make sure the points and other perks give you enough value to justify this cost after that.

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Amy Bradney-George

Last Updated Jul 26, 2021

120,000

Bonus points

1.25

Reward points

Per $ spent

$0 p.a.

Annual fee

for the first year ($450 p.a. thereafter)

51 days

Interest free period

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Details

Product Name	American Express Qantas Business Rewards Card
Rewards program	Qantas Business Rewards
Purchase rate	0% p.a.
Annual fee	$0 annual fee for the first year ($450 p.a. thereafter)
Interest-free period	Up to 51 days on purchases
Card type	American Express
Foreign currency conversion fee	3%

Available to temporary residents	No
Joint application	No

Pros

120,000 bonus Qantas Points
$0 annual fee for the first year
No pre-set spending limit and up to 51 days cash flow
2 complimentary domestic Qantas Club lounge passes per card membership year

Cons

Charges a relatively high annual fee of $450 after the first year

Rewards program	Qantas Business Rewards
Bonus points	120,000
Rewards points per $ spent	1.25
Rewards points cap	Uncapped

Annual fee	$0 annual fee for the first year ($450 p.a. thereafter)
Minimum monthly repayment	100% of the closing balance outstanding
Foreign currency conversion fee	3%
Additional cardholder fee	$0
Number of additional cardholders	99

Go to American Express's site More info

Review by

Amy Bradney-George

amy.bradney-george@finder.com

Amy Bradney-George has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. Her work has also appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy has a Bachelor of Arts in Journalism and Drama from Griffith University.

Expert review

The American Express Qantas Business Rewards card currently offers 120,000 bonus Qantas Points - enough to get 2 return business class flights between Brisbane and Adelaide (55,200 Qantas Points per person) or $575 worth of Woolworths WISH digital gift cards (119,110 points for two $250 cards, one $50 card, and one $25 card).

This charge card gives you a way to manage business spending and collect frequent flyer points through the Qantas Business Rewards program. Its earn rates range from 0.5 to 2 Qantas Points per $1 spent, with triple points offered when you book eligible Qantas flights. Instead of charging interest, this card offers up to 51 days to pay off purchases during your statement period – and you’ll need to pay back all of what you spend by the due date. You can also add up to 99 additional cardholders, set up a transaction feed through MYOB and make payments to merchants that don’t accept Amex directly through American Express AccessLine.

The lounge invitations and complimentary domestic and international travel insurance are also great added perks. As it charges a relatively high annual fee of $450 after the first year, you would need to use some of these extras to make sure you got the most value from it.

How to apply

If you've decided the American Express Qantas Business Rewards card is the right account for your business, you can apply online by clicking through to the secure application form. For quicker processing, make sure you meet the following eligibility criteria and have all the relevant details and documents on hand:

Eligibility criteria

Minimum income. Your business must have an annual revenue of at least $75,000.
New cardholder. In order to be eligible for the bonus points, you cannot currently hold or have held an American Express card in the last 18 months to receive the 120,000 bonus Qantas Points and $0 first-year annual fee offer.

Residency. You must be an Australian citizen or permanent resident.
Business details. You must have a valid ABN (Australian Business Number) and your business must be registered for GST.
Age. You must be at least 18 years old to apply.
Credit history. You must have a good credit history with no payment defaults.

Required documents

Personal details. You will need to provide personal information including your full name, contact number and email address. You'll also need to provide the details of your personal pre-tax income.
Business details. This includes your business name, contact details and business financial information.
Qantas Business Rewards details. You will need to provide the details of your Qantas Business Rewards membership to earn points with this card. If you're not already a member, you can sign up online through the Qantas website. A one-off joining fee of $89.50 applies, unless it is varied by Qantas. Sometimes there are also free sign-up offers, similar to the ones you can find for the Qantas Frequent Flyer program.

Go to American Express's site More info

Card benefits

Bonus Qantas Points. Earn 120,000 bonus Qantas Points when you apply for this card by 06 October 2021 and spend $3,000 in the first 2 months from card approval. The points will be credited to your Qantas Business Rewards account within 8 to 12 weeks of meeting the spend requirement.
First-year annual fee waiver. You can save with a $0 annual fee for the first year if you apply and are approved for this card by 06 October 2021. After the first year, an annual fee of $450 applies for this card.

Shop Small points offer. Earn an extra 3 Qantas Points per $1 spent and support other small businesses. Just save the American Express Shop Small offer to your card and spend with participating businesses by 31 March 2022. This offer is valid both in store and online and you can earn a maximum total of 40,000 extra points. Check out Finder's news story on Shop Small for a breakdown of how it works.
Triple Qantas Points for business flights. Use this card to book business travel through Qantas Business Rewards and you'll earn triple Qantas Points on eligible Qantas flights with QF booking code when they are operated by Qantas, Emirates or American Airlines. Note that eligible flights must also be purchased in Australia (for both domestic and international travel).
Qantas Points per $1 spent. This card earns 2 Qantas Points per $1 spent on Qantas products and services, 1.25 points per $1 spent on everyday purchases and 0.5 points per $1 spent on utilities, non-American Express insurance policies and with government bodies.
American Express AccessLine. With this card, you can use the American Express AccessLine platform to make payments to domestic and international merchants, even if they don't accept American Express card payments. Just pre-register your suppliers and make payments through the online system using your Amex card. A 2.15% trade service fee applies for this option.
Qantas Club lounge invitations. To claim the 2 complimentary Qantas Club lounge invitations each year, you'll need to register your Qantas Frequent Flyer number with your American Express Qantas Business Rewards card, then use it to make an eligible Qantas purchase during your membership year. This could include Qantas flights with a QF flight number, Qantas Frequent Flyer and Qantas Business Rewards membership fees or Qantas Club joining or membership fees. The lounge invitations will be assigned to the account within 1-2 weeks of meeting this spend requirement, and you can then access them by visiting the Complimentary Invitations Portal.
Complimentary travel insurance. Enjoy complimentary domestic and international travel insurance for you, your partner, your dependents and any additional card members when you use your card to purchase return domestic or international flights for business travel. For full terms and conditions, read the insurance policy booklet available on the American Express website.
Mobile payments. You can add this card to Apple Pay, Google Pay or Samsung Pay, which allows you to make payments directly from your compatible mobile phone or device.
Accounting features and services. This card offers integration with MYOB, which allows you to set up an automatic data feed of your card transactions. You can also keep track of expenses, statements and account details through your American Express account.

Rates & fees

Annual fee. Outside of any promotions, this card charges an annual fee of $450.
Additional cardholders. You can request up to 99 additional cards at no extra cost.

Repayments. This is a charge card, so the balance must be paid in full by the due date on each statement.
Interest-free period. This card offers up to 51 days interest-free for each statement period. Note that the number of interest-free days will depend on when in your statement cycle each purchase is made. As an example, a transaction made on the first day of your statement period would be interest-free for the full 51 days, while a transaction on the second day would get 50 days interest-free, and one made on day 50 of your statement cycle would be interest-free for one day only.
Complimentary Qantas Business Rewards membership. While a Qantas Business Rewards membership usually costs $89.50, there is no membership fee if your business has the American Express Qantas Business Reward Card.

Go to American Express's site More info

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4 Comments

Jack
March 11, 2020

is the American Express Qantas Business Rewards Card compatible with Xero accounting software?

Nikki
March 13, 2020

Hi Jack,

Thanks for your comment and I hope you are well.

According to the Xero Business Community, Xero accepts all AMEX credit cards.

Hope this helps and feel free to reach out to us again for further assistance.

Best,
Nikki

gianni
May 19, 2019

It says here that the minimum income is $24,000, but the AMEX website says minimum $75,000 and needs to be GST registered. can you please clarify which is correct?

finder Customer Care

Mai
May 20, 2019

Hi Gianni,

Thank you for reaching out.

The minimum annual business revenue has been changed from $24,000 to $75,000, hence we have also updated our page to reflect this. And yes, your business must have a valid ABN registered for GST to be eligible.

Hope this helps! 😊

Kind Regards,
Mai

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American Express Qantas Business Rewards Card