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Business Credit Cards with Frequent Flyer Points

Earn frequent flyer points on your business expenses and take advantage of airline lounge passes, concierge services and high credit limits.

A business frequent flyer credit card allows you to earn airline loyalty points on every $1 you spend. You can redeem these points for business flights, flight upgrades, accommodation, cashback and other perks for yourself and your employees.

Usually, these cards also come with features to help you manage your business spending, including higher credit limits, additional cardholders as well as travel perks like airport lounge passes, concierge services and complimentary travel insurance.

You can use this guide to compare business frequent flyer credit cards on the market, find out about the key features to consider and learn the traps to avoid.

Compare business credit cards that earn frequent flyer points

Rates last updated May 23rd, 2018
Name Product Bonus Points Rewards Program Rewards Points per $ spent Purchase rate (p.a.) Annual fee Product Description
American Express Velocity Business Card
Velocity Frequent Flyer


1
$249 p.a.
A truly dedicated business rewards credit card. Download all your card expenses in a format readable by Quicken, MYOB, Microsoft Excel and more.
American Express Gold Business Card
10,000 bonus points
Membership Rewards Ascent


1
$169 p.a.
Reward yourself and earn 10,000 bonus points when you spend $1,000 each year.
American Express Qantas Business Rewards Card
100,000 bonus points
Qantas Business Rewards


1.25
$450 p.a.
Earn up to 100,000 bonus points, 2 Qantas Points per $1 spent on eligible purchases and enjoy up to 51 days interest-free on purchases.
NAB Qantas Business Signature Card
100,000 bonus points
Qantas Frequent Flyer


0.66
18.50% p.a.
$295 p.a.
Receive 100,000 bonus Qantas Points and earn points on eligible business purchases. Also get up to 44 days interest-free and multiple cards.

Compare up to 4 providers

Top 3 best* frequent flyer credit cards for businesses

How do business frequent flyer credit cards work?

Just like other frequent flyer cards, these cards earn points for every $1 spent on eligible purchases. They may also offer thousands of bonus points on sign up, as well as travel perks such as lounge passes. The difference is that many personal frequent flyer products don’t consider business spending as part of the eligible purchases that earn points, whereas business credit cards do.

Business credit cards are usually designed for small to medium sized businesses, but you can find cards for larger corporations. To apply for one of these cards, you usually need to have an Australian Business Number (ABN), meet a minimum annual turnover and provide details about your business.

How to compare frequent flyer credit cards for your business

If you’re deciding which frequent flyer credit card will boost your business rewards, these are some of the questions to ask yourself before you apply:

Which program is the card connected to?

If your business already earns points with a particular program, you can narrow down your credit card choices based on the loyalty scheme that’s linked to the card. Depending on the card, it may be linked to a frequent flyer program such as Qantas Frequent Flyer or Virgin Australia’s Velocity Frequent Flyer or a bank rewards program such as American Express Membership Rewards or Citi Rewards. It may also be partnered with a corporate frequent flyer program such as Qantas Business Rewards or the Virgin Australia Accelerate.

How many points can I earn?

These cards earn a set number of points per $1 spent on eligible business transactions. How many points you’ll earn will vary, but at least 1 point per $1 is a competitive offer. The number of points you’ll earn per $1 may also vary based on the transaction. For example, you might be able to earn 1.25 points on everyday eligible purchases and only 0.5 points per $1 spent on your ATO bill or other government transactions.

Some business frequent flyer credit cards also come with thousands of bonus points on sign up. So you can also compare cards by the bonus points offered and the spend requirements you need to meet to score these points, as they’re an easy way to boost your business rewards balance.

How can I use the points?

You should only collect points if you know there are rewards that are valuable to you. So compare credit cards by the types of rewards you can get. If you and your colleagues regularly travel for work, a frequent flyer credit card that’s directly linked to an airline loyalty program could reward you with free flights or upgrades. Whereas if you’d prefer to redeem your points for cash back or gift cards, you might want to consider a card that’s linked to a bank rewards program.

Who qualifies for the credit card?

Just like a personal credit card, you’ll need to meet eligibility requirements including a minimum annual turnover, a good credit history and an eligible ABN. Plus, you may need to be in a managerial position to apply for the card on behalf of your business.

How many additional cardholders does that card have?

If several of your employees require a credit card for work spending, you can request additional credit cards that are linked to the one account. This can make it easier to track and report business spending, and can also help you earn more points for a single account.This is because the points earned on the additional card will be debited to the main frequent flyer account.

While some cards may offer an unlimited number of cardholders, others have a limit of how many supplementary cardholders you can add to the account. Make sure you confirm this before you apply so that you know the account is suitable for your business.

What’s the annual fee?

You can almost always expect your frequent flyer business credit card to come with an annual fee, which can vary from $150 to $450 (or more) depending on the card. You should make sure that your business can afford the annual fee and that the monetary value of the points and the extra perks can justify this cost.

What is a credit limit?

As well as earning points on business spend, a higher credit limit is another perk of choosing a business frequent flyer credit card. Your approved credit limit will depend on a number of factors including your annual turnover and credit history, but you should also compare cards by the minimum and maximum credit limits to ensure they can support your organisation’s spending needs.

Is it a charge card or a credit card?

When you’re comparing cards to earn points on business expenses, you can usually choose between a credit card or a charge card. While you can carry balances from month to month (and will be charged interest) with a credit card, you have to pay off a charge card in full each month otherwise you’ll be charged a fee. Consider whether your business requires a revolving line of credit or a line of credit to free up cash flow to determine whether you’d prefer a credit or charge card.

What are the extra perks?

Frequent flyer business credit cards are higher tier products, so you can usually expect a bunch of extra perks. Depending on the card, it may offer a flight or travel credit, complimentary lounge passes or complimentary international travel insurance. You might also be able to use a complimentary concierge service for everything from booking a restaurant for a business meeting to organising a corporate trip.

Some business cards also come linked with reporting software (such as MYOB, Quicken and Microsoft Excel), which you can use to monitor and download your balance sheets and transaction details.

business flight booking on mobile

Pros and cons of a business frequent flyer credit card

Pros

  • Reward your business spending. Unlike other business credit cards, these cards reward you for every $1 you spend on eligible purchases. You can use these rewards to cut costs on regular business expenses (such as business travel) or to reward your employees.
  • Extra perks. These cards also come with extra features like lounge invitations, complimentary travel insurance and concierge services which could help justify the cost of the card.
  • Access credit. These cards usually come with higher credit limits than personal cards and can help your business manage its expenses with a line of credit.
  • Business reporting. You can monitor your business spending under one account and link it with business reporting systems to help simplify the way you manage your finances.

Cons

  • Higher annual fees. While some business cards come with $0 or low annual fees, these cards usually come with higher annual fees.
  • Liability. If you link additional cards to the account, the primary cardholder or the business will be liable for any expenses made on the supplementary cards.
  • Interest charges. If you opt for a business credit card and carry a balance from month to month, you’ll likely collect high interest rates on your purchases.

classy woman with white credit card

How to apply for a business frequent flyer credit card

Once you’ve compared your options and decided on a card, you can apply for a frequent flyer credit card for your business online. Before you begin the application, make sure that your business meets the eligibility requirements and has the necessary information:

Eligibility criteria

  • Age. You must be at least 18 years old to apply for a credit card in Australia.
  • Australian residency status. Depending on the card, you may need to be an Australian citizen or a permanent resident to apply.
  • Credit history. You’ll usually need to have a good credit history with no evidence of bad debts or payment defaults.
  • Corporate spending limit. You may need to meet an annual turnover (such as $10 million p.a.) to receive approval.

Required documents and information

  • Personal details. You’ll need to provide personal information including your full name, contact number and email address. You must also provide the details of your personal pre-tax income.
  • Business details. This will include your business name, contact details, ABN and other business financial information.
  • Frequent flyer account. If your business already belongs to a frequent flyer program, you’ll need to provider the account number to link the card with your loyalty account.

A frequent flyer business credit card can be a great way to reward your spending while you manage your business expenses. There are many business credit cards that earn points on the market, so make sure to weigh up a few options before you apply.

Want to compare other options for your organisation? You can compare more business credit cards and get your finances in order with finder.

Pictures: Shutterstock

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26 Responses

  1. Default Gravatar
    June 11, 2017

    I am looking for an uncapped card that gives me the best redemption rate for qantas points, where I can spend $60,000 plus per month and I don’t want American Express. Can you advise which is the best at the moment, also with sign on points?

    • Default Gravatar
      JonathanJune 11, 2017

      Hi Mark!

      Thanks for the comment.

      You can visit this page for our detailed comparison review of the cards that may meet your preferences. Click “Go to Site” green button to proceed with your application of your chosen card issuer.

      Take note that if you need information beyond this page or the status of your application, you need to contact the bank for further advise.

      Hope this helps.

      Cheers,
      Jonathan

  2. Default Gravatar
    SamAugust 3, 2016

    Can you advise the best business credit card, i want to just pay my quarterly BAs with this card. I have been told you can accuse Qantas points from these payments?

    • Staff
      LouAugust 4, 2016Staff

      Hi Sam,

      Thanks for your question.

      Please note that finder.com.au is an online comparison service and is not in a position to recommend any credit card to our users.

      If you check this page, you’ll be able to compare business credit cards that let you earn rewards and Qantas points when you pay to the ATO.

      Cheers,
      Anndy

  3. Default Gravatar
    MarkMarch 20, 2015

    Is Amex the only business card to offer points on Govt dept purchase (i.e. RTA), currently 0.5 per dollar sent but going to 0.25 per $ from July 1.
    Thanks

  4. Default Gravatar
    SimonJanuary 1, 2015

    which frequent flyer cards are not capped at present (2015)

    Thanks

    • Staff
      ElizabethJanuary 5, 2015Staff

      Hi Simon,

      Thanks for your question.

      You can compare and apply for uncapped frequent flyer credit cards on this page.

      I hope this will help.

      Thanks,

      Elizabeth

  5. Default Gravatar
    WhitneyDecember 28, 2013

    Hi there, I know these cards don’t give you points for Bpay. Do they give you points for “electronic funds transfer” or “internet or phone banking (pay anyone)”?
    Thanks
    Whitney

    • Staff
      JacobJanuary 2, 2014Staff

      Hi Whitney.

      Thanks for your question.

      You can find some general information on lenders that offer rewards for BPAY transactions on this page.

      Currently, Westpac is the only provider that we list that offers frequent flyer points when you make an eligible purchase. According to the Westpac Altitude Business Rewards terms and conditions, currently no points are awards for BPAY transactions. You will not earn points on the following transactions.

      ‘Government charges (other than GST payable in connection with the purchase of goods or services on which you earn points).
      Interest and other bank fees and charges (including any GST payable on any of these).
      Cash advances (any transaction treated by us as a cash advance as further explained in the ‘Interpretation’ section – clause 18 below).
      Balance transfers.
      Bpay payments; i.e. bill payments and other payments made through the Bpay® Electronic Payments Scheme.’

      I hope this helps.

  6. Default Gravatar
    morriceNovember 8, 2013

    Which business credit card excluding American Express allows use for purchasing stock for the business and earns uncapped frequent flyer points?

    • Staff
      JacobNovember 8, 2013Staff

      Hi, Morrice.

      Thanks for your question.

      Please have a look at the ANZ Business One Visa Rewards Card. At the time of writing it offers uncapped rewards points earning. You can transfer your ANZ Rewards to a frequent flyer program if you wish, you can read more about this on this page.

      I hope this helps.

  7. Default Gravatar
    July 29, 2013

    Hi Jacob. As you know Westpac has put a points cap on cards used for business. I have a $50,000 credit limit on two cards used for business but in my name. I usually spend around $500,000 a year. I don’t want to miss out on points. I was offered the Black Altitude card for personal stuff but not my “business” cards. I am switching banks but which bank offers what I have had before with no capping on points. Last time we spoke you said HSBC. Now that we are 4 months older, what bank offers more. I don’t mind having an American Express companion card but most companies we deal with don’t accept Amex, so please help. I have looked at the tables and am confused. I don’t care how much card costs as it is a tax deduction.

    • Staff
      JacobJuly 29, 2013Staff

      Hi Miriam. Our business credit card comparison page lists the cards that reward you for business spending. You can find out which cards offer uncapped points earning by clicking through to the cards review page from the comparison table. A number of the business credit cards we compare are offered by American Express, and Westpac are the only provider listed in our business comparison tables to provide a companion MasterCard and American Express credit cards. Thanks for your question. Jacob.

    • Default Gravatar
      July 29, 2013

      I wish to change from a westpac card as i am really angry that they are so greedy and have changed the rules. I can’t use the black altitude card for business purchases. The card I want is like the Westpac Business Gold card that is no longer available.I don’t necessarily want a business card but I am making legitimate business purchases. In fact the 2 I have for 2 businesses are in my personal name.What replaces the Westpac card? Amex cards are not accepted by my suppliers. Do you know whether HSBC plan to copy the greed of Westpac and cap their points too??

    • Staff
      JacobJuly 29, 2013Staff

      Hi Miriam. Thanks for your comments. We do not know whether HSBC plans to cap their points, however, lenders do change their products from time to time. This page has some information on the rewards and frequent flyer credit cards and which transactions you will and won’t earn points on. It may be of help. Jacob.

  8. Default Gravatar
    carmenApril 23, 2013

    do you have to have your business account with the bank that you want to get a business CC with?

    • Staff
      JacobApril 23, 2013Staff

      Hi Carmen. Thanks for your question. So banks do require that you have an account with them already, while others do not. You can find information about this on the application page once you go to apply for a card. Jacob.

  9. Default Gravatar
    RobertApril 17, 2013

    My business credit card is going to start to apply a cap to points earned in a billing period.
    What business frequent flier credit cards do not have a cap in place?

    • Staff
      JacobApril 17, 2013Staff

      Hi Robert. Thanks for your question. Please have a look at our business credit card comparison page. On that page, the cards that offer rewards and do not have a cap on points earning are: ANZ Business One Rewards, American Express Velocity Business Card, American Express Gold Business Card, NAB Qantas Business Credit and the American Express Platinum Business Credit Card – please keep in mind although the American Express cards are not direct earn frequent flyer products, you can transfer your American Express Membership Rewards Points to airline partners – see this page for transfer rates. Jacob.

  10. Default Gravatar
    RebeccaMarch 25, 2013

    With a business credit card are flyer points capped?

    • Staff
      MarcMarch 26, 2013Staff

      Hello Rebecca,
      thanks for the question.

      This depends on the card itself. While many business credit cards don’t cap the number of points which can be earned, you should always check with the provider before applying for any card.

      Cheers,
      Marc.

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