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Diners Club Corporate Card

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Amy Bradney-George
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Manage your company's expenses and earn rewards with a Diners Club Corporate Card account.

A Diners Club Corporate account offers multiple cards for employees, statements and data feeds that can be used as tax invoices when you're submitting details to the Australian Taxation Office (ATO), plus different account billing and liability options to suit your corporate setup.

58 days

Interest free period

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Details

Product NameDiners Club Corporate Card
Rewards programDiners Club Rewards
Purchase rateN/A
Annual fee
Interest-free periodUp to 58 days on purchases
Card typeDiners Club
Foreign currency conversion fee1%
Available to temporary residentsNo
Joint applicationNo

Pros

  • Earn rewards for corporate spending and redeem them through the Diners Club Rewards program
  • Access to complimentary insurances and member lounges
  • Competitive annual fee of

Cons

  • Charges a 1% foreign transaction fee
Rewards programDiners Club Rewards
Bonus pointsN/A
Annual fee
Foreign currency conversion fee1%
Cash advance fee4% or $4, whichever is greater
Overseas cash advance fee4% or $4, whichever is greater

Expert review

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Review by

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 Diner’s Club Corporate card account is designed to help corporate entities manage their expenses. It gives you the option of setting up the account with company liability or joint and several liability. Choose the latter and you can also set up the account so that each card member is responsible for their spending, with individual liability. Along with these options, you can choose to individual or centralised billing options, with statements that meet the ATOs requirements to be used instead of tax invoices.

How to apply

You can get your application started by submitting a corporate client request form through the Diners Club website. During the application process, you'll be asked for details about your company and the application. This could include the following:

  • Company details. This includes the registered business name, address, phone number and the ABN, ARBN or ACN.
  • Financial details. This covers the estimated annual turnover, expense estimates and any assets or liabilities. You may also need to provide details of your accountant or statements from the ATO.

Card benefits

  • Cards for employees. Keep track of employee spending and save time on expense-reporting with multiple cards linked to this account. If your Diners Club facility is set up with joint and several liability, you also have the option of setting up individual liability for each cardholder. Applications for individual liability cards are also subject to personal credit and lending criteria.
  • Financial data. This Diners Club facility offers statements that you can use instead of tax invoices when you're submitting details to the ATO. The statements also consolidate travel and entertainment expenses for easier management, flag potential fringe benefits tax (FBT) liabilities and includes a GST Adjustment Schedule to help calculate the GST you can claim and any payable FBT. You can also get enhanced transaction data for a range of expenses to help speed up accounting processes.

Rates & fees

  • Annual fee. The Diners Club Corporate card account does not list an annual fee. Instead, this charge is "as agreed" by the company and Diners Club.
  • Interest-free spending. This is a charge card account and offers up to 58 payment days per billing cycle. You will need to settle the entire balance by the due date on each statement to keep the account in good standing.

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