Business Credit Cards with Frequent Flyer Points

Compare business credit card offers with frequent flyer rewards points programs

A business frequent flyer credit card is a credit card that will allow you to earn frequent flyer points for your business expenses. The credit card is linked to a frequent flyer points rewards program.

Business frequent flyer cards are ideal for businesses that are looking for help with business expenses. By using one of these cards for your business, you can earn points to put towards rewards like travel rewards for business trips or cash back rewards for those businesses that don’t require a lot of travel.

These cards are convenient line of credit for your business, especially in those times when you need extra cash flow. You can also get purchase related insurance from certain cards. You can use your business frequent flyer card during these times to maintain your business and pay certain expenses.

Once you accumulate a good amount of points you can redeem them for great rewards including the partial cost of flights or personal concierge service. These cards usually offer uncapped points, unlike personal frequent flyer cards, so you can rack up as many points as you like to redeem at a later date. Keep in mind that some points may expire, so remember to check the terms and conditions before you apply.
Frequent Flyer Rewards Program

How do Business Frequent Flyer Cards work?

Since most businesses use some kind of credit card, you may as well reap the benefits of a rewards card while taking care of your business expenses. There is no size requirement for the business so you can be a small business or a large corporation and receive the same business card as long as you can afford the rates and pay for the charges.

You can earn points for every dollar you spend on some cards (the points depend on the specific card), so while you are buying your supply of printer paper and toner you can earn points to put toward your next business trip. If you are a small business that doesn’t have a large spending rate, it may take you longer to accumulate enough points to earn any worthy rewards, if you feel that you don’t have enough spending to warrant a rewards card, you may want to consider other options for your business, like a standard business credit card.

You could also benefit from travel insurance, a concierge service and purchase protection. If you already have a business credit card you can usually link your card to a frequent flyer program or other rewards program. This will allow you to transfer points to the program in order to get closer to earning your next reward.

Not all cards are the same. Make sure you compare the available cards to get the right benefits and rates for your individual business. You should also look out for specific promotions. Some banks will offer you bonus points for your initial purpose, for spending a certain amount of money, or for just signing up in general.

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How to compare Frequent Flyer Credit Cards for your business expenses

Here are the questions you should be asking yourself before applying for business frequent flyer card. You will need to look at the cash flow and style of business and determine whether the rewards will return value.

  • Who qualifies for a credit card? Most businesses can qualify for a frequent flyer points business card regardless if they are small, medium or corporate size. If you can afford the rates and charges, pass the eligibility criteria and have a good credit history, then a business credit card could be suitable for your business.
  • Will this card benefit me even if I don't fly often? This depends on the type of card you choose. If you choose one linked to a frequent flyer program then you're limiting your business to the rewards that the card offers. Having said that, some programs allow you to redeem points for merchandise, cash back and electronics.
  • What if the monthly spending for my business is not high? If your business is relatively small and monthly spending is minimal, then it will take some time to generate enough points to earn a free flight. Points earned, however, could be enough to upgrade a flight and therefore, careful consideration should be done to determine if frequent flyer points could benefit your business.
  • How many points should be earned to qualify for a complimentary flight? Complimentary interstate flights within Australia will require fewer points when compared to international flights, and are subject to airline and destination. For example, a flight from Brisbane to Sydney with Qantas airlines is 11,000 frequent flyer points. A flight from Melbourne to London flying with Qantas airlines is 192,000 frequent flyer points.
  • Are there different frequent flyer programs? Yes, various reputable airlines have joined in the frequent flyer program including Qantas, Emirates, Singapore Airlines and Virgin Australia.
  • Which airline is leading the frequent flyer program? There are various reputable airlines joining in the program but Qantas is regarded as the leader in the market.
  • Will I need to obtain a Qantas account? Yes, in order to earn frequent flyer points with Qantas, you will be required to have your own account.
  • Is there any annual fee payable for a Qantas frequent flyer account? No annual fees are payable by Qantas members over and above the one-time joining fee. An $89.50 enrolment fee does apply to businesses who are not yet members. Some cards may waive this fee.
  • What other fees could possibly apply? Businesses will be required to earn or spend points within a specific period of 18 months to keep the Qantas account active. Besides the Qantas enrolment fee, businesses might be required to pay a yearly fee for the specific choice in credit card. Some credit cards could levy no yearly charges, and so it may be wise to compare the overall value of each credit card for your business.

Frequent Flyer & Airline Rewards Credit Cards

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Business Frequent Flyer Cards Review

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  • Paying off the balance in full for maximum benefits
    In order to get the maximum benefits from your business frequent flyer card it is important to maintain a zero balance on the card. You should pay off the balance completely each month. Most terms and conditions actually state that to earn points, your account needs to be in good standing.
  • Consider the rewards
    When looking at any rewards card you should make sure that the rewards offered are worth it to you and your business. If the travel rewards aren’t useful to your business because there isn’t a lot of air travelling involved in it, you may want to look elsewhere. That being said, you shouldn’t ignore the cash back rewards that are offered as they can be helpful to your business during periods of decreased cash flow.
  • Minimum spending
    When comparing frequent flyer cards, be sure to check if there is a minimum spending amount in order to earn rewards. Some cards say that you must make it to a certain amount of points in order to get a flight rewards while others give you bonus points when you spend a certain amount of money. Certain cards may also specify how much an initial purchase must be in order to start your rewards programme.

Features of Business Frequent Flyer Cards

  • Annual fees. Similar to personal frequent flyer credit cards, business frequent flyer cards have annual fees that can sometimes be high. The annual fees for business frequent flyer cards can range from as low as $100 up to over $1,000. Some cards may waive the annual fee for the first year. If you get a Qantas frequent flyer card, you won’t have to pay an annual fee but you will have to pay a joining fee of around $80.
  • Additional cardholders. Due to the nature of a business, other employees may need to have access to the credit card account as well. Most business credit cards allow multiple additional cardholders for no extra fee. It's only when you need more than 20 or so additional cardholders that a fee will apply.
  • Interest rates. The rates fluctuate with the type of transaction and should be monitored so you know what you are paying. You should also research whether the card you want has interest free days or similar promotions
  • Travel rewards. The most attractive feature of these frequent flyer cards are, of course, the rewards. The idea of earning points as you make necessary purchases of pens, paper clips, printer toner, and other materials, make the sometimes mundane task of running a business a little more fun. When you turn those points into rewards like an upgraded flight or simply cash back, the card’s annual fees and fluctuating interest rates seem well worth it.
  • Additional features. Some cards may also offer balance transfers for competitive rates. This allows you to transfer any credit card debt from one card to your frequent flyer card in order to take advantage of the lower interest rate on your frequent flyer card. You should also research if additional cards are available for free or a low fee. Some cards also offer you a way to download your expense reports to readable formats via Quicken, Microsoft Excel and MYOB.

Business Credit Cards with Frequent Flyer Points

Pros and cons of Business Frequent Flyer Credit Cards

Most businesses will experience periods of reduced cash flow, which can be a stressful period regarding defaulting on accounts payable or being unable to maintain the business during these times. A business credit card can seem like a straightforward solution to cash flow concerns, but there are a number of potential things to look out for.

Pros

  • Airline travel rewards can be useful if the business engages in frequent business trips. If the business doesn’t engage in travel, then cashback rewards are a great way to maintain cash flow.
  • When cash flow is low, a business frequent flyer credit card can provide easy access to funds - but this should be the very last option. During periods of cash flow, you could use the credit card to buy the majority of business-related materials and the pay the balance immediately. You reap the many benefits of the rewards programmes your credit card is linked to.
  • Business credit cards are a great way for established record keeping. They are easier to apply for compared to other lines of credit and most credit cards allow you to export the spendings to MYOB.
  • Separate your business and personal expenses.

Cons

  • Similar to personal credit cards, you need keep in mind what you can afford. Business credit card providers may not be as generous as personal ones with things concerning damaged and faulty goods as well as insurance.
  • To keep spending under control, make sure that business credit cards are solely used for the purpose of the business and resist the temptations to use them for personal reasons.
  • Fluctuating interest rates could mean interest repayments are higher. It may be worthwhile to find a credit card that does not charge you for every transaction.
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How to apply for a Business Frequent Flyer Cards

Like any credit card, you must apply and be approved in order to get a frequent flyer business credit card. Before you begin the application process, check the eligibility requirements for your desired card. Most cards require you to be an Australian resident over 18-years-old, have an ABN, but frequent flyer business cards also have other eligibility requirements.

  • Good credit history. Since these reward cards usually have a high credit limit, it is important that you have a good credit history. This will ensure that you can keep up with the payments and that you understand what it takes to maintain a zero balance on your card.
  • Be a small, medium, or large business in Australia. In order to be able to apply for a business rewards card you must be a registered business in Australia. You don’t have to be a large co-operation to benefit from the card, you can be a small business and still get approved.

In order to make the application process easier, you should have some documents available with you so you can refer to it right away if you have to.

  • Income information. You may need to provide details about your annual income. Having pay stubs, last year’s taxes, or bank statements on hand can help with this. You may also need your business’s full name and address as well as your accountant’s information ready.
  • Identification information. You may also need some information regarding your business. In order to establish proof of identity you may need your business’s registration number or tax number as well as the full licensed name and address. You may also have to provide your own identification information as the owner of the business.

Business frequent flyer cards are a great way to earn rewards while maintaining your business. They can also help you keep records of your business’s transaction history. If you’d like to compare credit cards or find out more information on them, visit finder.com.au for comprehensive information on the matter.

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24 Responses to Business Credit Cards with Frequent Flyer Points

  1. Default Gravatar
    Sam | August 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
      Anndy | August 4, 2016

      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

  2. Default Gravatar
    Mark | March 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

  3. Default Gravatar
    Simon | January 1, 2015

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

    Thanks

    • Staff
      Elizabeth | January 5, 2015

      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

  4. Default Gravatar
    Whitney | December 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
      Jacob | January 2, 2014

      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.

  5. Default Gravatar
    morrice | November 8, 2013

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

    • Staff
      Jacob | November 8, 2013

      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.

  6. 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
      Jacob | July 29, 2013

      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
      Jacob | July 29, 2013

      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.

  7. Default Gravatar
    carmen | April 23, 2013

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

    • Staff
      Jacob | April 23, 2013

      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.

  8. Default Gravatar
    Robert | April 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
      Jacob | April 17, 2013

      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.

  9. Default Gravatar
    Rebecca | March 25, 2013

    With a business credit card are flyer points capped?

    • Staff
      Marc | March 26, 2013

      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.

  10. Default Gravatar
    Lindsay | November 5, 2012

    Hi,
    1.) What is the best Qantas F/Flier credit card for a small business
    2.) Is there a card available where say i have 4 reps, that i can direct the points gained to another Qantas card rather that to their own?
    Cheers,
    LIndsay

    • Staff
      Jacob | November 6, 2012

      Hi Lindsay. Thanks for your question. Finding the ‘best’ card is a subjective matter and depends on your circumstances. Please refer to our frequent flyer comparison page to view and compare the offers on the market. With part two of your question. What you’ll want to do is get a card with additional or supplementary cardholders. This means that any spending on the additional cards will earn points for the primary account; for example, some American Express cards will allow up to 99 additional cards linked to the one account. It’s worth noting that some cards charge an additional fee for supplementary cards, while others do not. You can find information about additional cardholders in the product review and application pages. Cheers, hope this helps. Jacob.

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