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The American Express Business Card

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The American Express Business Card offers premium business benefits including a rewards program and no pre-determined spending limit.

The American Express Business charge card offers a worthwhile rewards program along with competitive fees and additional options. While you can enjoy the financial freedom that the classic charge card offers, you can also benefit from travel protection benefits and the convenient 24/7 customer service from American Express.


Reward points

Per $ spent (American Express)

$109 p.a.

Annual fee

51 days

Interest free period


Product NameAmerican Express Business Card
Rewards programMembership Rewards Ascent
Purchase rate (p.a.)N/A
Annual fee$109 p.a.
Interest free period51 days
Card typeAmerican Express
Foreign currency conversion fee (American Express)3%
Complimentary travel insuranceYes
Minimum age18 years of age
Available to temporary residentsNo
Joint applicationNo


  • No pre-set spending limit and up to 51 days extended cash flow
  • Offers a generous optional rewards program
  • Ability to add up to 99 Employee Cards
  • Provides complimentary travel-related policies


  • Charges an additional $80 per year to enrol in the rewards program
Rewards programMembership Rewards Ascent
Rewards Points per $ spent (AMEX)1.5
Rewards Points per $ Cap (American Express)Uncapped
Annual fee$109 p.a.
Minimum monthly repayment100% of the closing balance outstanding
Foreign currency conversion fee (American Express)3%
Additional cardholder fee$79
Number of Additional Cardholders99

Expert review

Sally McMullen

Review by

Sally McMullen is a creative content producer at Finder, co-hosts our Pocket Money podcast and wrote about credit cards for almost five years. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone. She has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

This charge card from American Express offers the flexibility of a charge card and a long 51 days of extended cash flow. Giving you the option to enrol in the Membership Rewards Ascent program, you can also earn points for you and your employees' everyday spending.

How to apply

You can apply for the American Express Business Card online in around 10 minutes. Before you get started, make sure you meet the eligibility criteria and have all the required information on hand.

Eligibility criteria

  • Business Revenue. Your annual business revenue must be at least $75,000.
  • Valid ABN. This charge card requires your business to have a valid ABN and be registered for GST.

Card benefits

  • Rewards program. For an annual $80 Membership Rewards fee you can earn 1.5 Membership Rewards points per $1 spent on eligible purchases, as well 1 point per $1 spent with government bodies. You can redeem points for account credit, travel, frequent flyer points, gift cards and other retail items available through the Membership Rewards program.
  • Frequent flyer benefits and points transfer. Transfer your rewards points to any of nine airline rewards programs with Ascent and expand your global reach.

Rates & fees

  • Annual fee. This classic charge card charges an annual fee of $109 p.a.
  • Additional cardholders. You can add up to 99 Employee Cards for an additional annual fee of $79 per card.

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  1. Default Gravatar
    February 12, 2015

    I have purchased return tickets Sydney to Denpasar for my wife using my American Express Card (Diamond Awards). Is my wife covered by complimentary Amex travel insurance?

    • Avatarfinder Customer Care
      February 13, 2015

      Hi John, thanks for your inquiry!

      Sorry I’m not sure which American Express credit card you’re referring to, was it a Platinum card?
      For more information on American Express Complimentary Travel insurance and which cards are included and their inclusions please see this page.



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