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5 business card perks for 2023 that you didn’t know you could score

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There's much more to business card rewards than simply stockpiling points. We take a look at some you may not have known existed.

Sponsored by the American Express Platinum Business Card. Earn 350,000 Membership Rewards Bonus Points when you spend $12,000 on eligible purchases on your new American Express Platinum Business Card within 3 months of your approval date. Available for new American Express Card Members only.

Sometimes, the benefits that come with having a business card can go overlooked. Purchases need to be paid for, expenses need to be managed and clients need to be entertained.

If your card can handle all of that, there's no real problem, is there?

Fair enough – but the truth is that you could probably be getting a lot more out of your business card.

Today, we're taking a look at some of the business card perks you may not have realised existed.

👋 Hey there! We've partnered with American Express for this article so we'll be using the American Express Platinum Business Card as an example throughout. However, you should always do your own research. Make sure to read the product disclosure statement (PDS) before signing up.

1. New card member bonuses

It's always a good idea to periodically reassess your business tools – and your cards are no exception.

So if it's been a while since you signed up for your current card, it might be worth checking out the market and seeing if there's a card that better suits your needs.

You may be pleasantly surprised at the offers available for signing up with a new card.

Let's look at the American Express Platinum Business Card as an example. It offers 350,000 Membership Rewards Bonus Points if you're approved and then spend $12,000 on eligible purchases in the first 3 months afterwards.

These points can be exchanged for a huge array of rewards and perks. From covering travel expenses to wining and dining your clients, there's something to suit just about every business. As an example, 350,000 Membership Rewards points could be redeemed for $1,750 worth of shopping online with PayPal.

Every business has different needs – but if you're looking for a new card, make sure you choose one that has bonuses to suit your circumstances.
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2. Business travel rewards

Now, on this occasion we're not talking about redeeming points for flights – though you should feel free to do that too, of course!

Rather, business cards can often have a range of travel benefits built in. It's always worth doing a deeper dive to see what's included.

To point to one example, the American Express Platinum Business Card features a range of different travel rewards, including access to a range of airport lounges1 and complimentary travel insurance2. T&Cs and exclusions apply (such as maximum age limits, pre-existing medical conditions and cover limits).

Another inclusion is complimentary Accor Plus membership, which is normally valued at $399 annually. This allows you to claim one complimentary night of accommodation each year, as well as up to 50% off your bill at certain partner restaurants3.

So card rewards don't just have to be about offsetting business costs – they can also be about travelling in style, too.

3. Early access to event tickets

There are certain privileges that come with holding the right charge or credit card.

One of them is scoring early access to the hottest tickets in town.

With the American Express Platinum Business Card, you'll get periodic early access to concerts and other ticketed events across Australia.

These can be a great way to treat yourself after a big year, reward sales staff or even to entertain clients. It can be an effective way to demonstrate your clout as a business, while also breeding goodwill at the same time.
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4. Cover charges with Points

Being able to exchange reward points for goods and services is pretty much par for the course with most credit card reward programs these days.

But did you know that certain cards actually allow you to use reward points to cover the cost of transactions?

When it comes time to pay your statement, the American Express Platinum Business Card allows you to cover charges with points4.

If used judiciously, this can help you reduce your overall business costs – all with points you earned through business expenditure!

5. Business resources

Investing in yourself is an essential part of investing in your business.

So it makes sense to look for card rewards that can be leveraged to ensure that you're up to date on what's happening with your industry.

Alternatively, you might want to look for rewards that help offset business costs.

The American Express Platinum Business Card provides cardholders with a 12-month subscription to The Australian Premium5, which gives you digital access to The Australian as well as major business mastheads including The Wall Street Journal and The Economist.

Access to these publications can help you stay current with your industry, as well as keeping you up to date on wider world news.

Additionally, if you use the American Express Platinum Business Card to purchase from Dell Technologies, you're able to claim back up to $125 as a credit, twice a year – for a total of $2506.

This can help offset equipment costs, while also helping your company stay up to date with current tech.

The key lesson here is that while just about any business card can do the basics, one with extra features and benefits could take you – and your business – further when it comes to saving on other costs, building relationships with clients and rewarding employees.

Discover about the American Express Platinum Business Card today

Name Product Bonus points Rewards points per $ spent Complimentary travel insurance Minimum annual revenue Annual fee
American Express Platinum Business Card
350,000
2.25
Yes
$75,000
Annual fee
$1,750
ABN holders w/ $75,000 revenue. Get 350,000 bonus Membership Rewards Points when you spend $12,000 on eligible purchases in the first 3 months. Ends 25 June 2024.
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