The Qantas American Express Business Credit Card – Rates and Fees

Information verified correct on April 28th, 2017

Receive 2 Qantas Points per dollar spent on business expenses and take advantage of complimentary insurances with the Qantas American Express Business Credit Card.

Do you need a credit card to manage your business expenses? Compare the features, fees and benefits of the Qantas American Express Business Card to discover how you could earn Qantas Points on your daily business costs. Plus, you can take advantage of complimentary travel insurance and use American Express features to easily manage yours and your colleague's business expenditure. You can even save on interest costs with up to 51 days interest free on purchases.

Product NameAmerican Express Qantas Business Card
Rewards ProgramQantas Frequent Flyer
Annual fee$299 p.a.
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 51 days on purchases
Minimum Monthly Repayment2.5% or $30
Minimum Income$24,000
Card TypeAmerican Express
Foreign Currency Conversion Fee (AMEX)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Complimentary Travel InsuranceYes
Available To Temporary ResidentsNo
Joint ApplicationNo
Minimum Income$24,000
Minimum Age18 years of age
Available to Temporary ResidentsNo
Credit Rating Requirement
Credit rating requirement is provided only as a guide. Understanding your credit file helps you make more informed decisions in regards to your finances. Learn more about what this means here.
Good
Annual Fee$299 p.a.
Minimum Repayment2.5% or $30
Foreign Currency Conversion Fee (AMEX)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Gambling Transactions AllowedNo
Additional Cardholder Fee$119 p.a.
BPAYYes
ChequeYes
Direct DebitYes
Australia PostYes
Phone BankingYes
Internet Banking TransfersYes
In BranchYes
MailYes

Pros

  • There is no set credit limit for this product. This makes it the perfect cash flow management tool for businesses when covering large or small expenses, although terms and conditions do apply.
  • This card can be integrated with a range of business and accounting software. This makes it easy to monitor your and your employee's spending.

Cons

  • This card is not cheap. The annual fee is $299 and each additional card holder will cost $119.
  • A joining fee applies if you wish to join the Qantas Frequent Flyer program.
Rewards ProgramQantas Frequent Flyer
Rewards Points per $ (VISA/MC)0
Rewards Points per $ (AMEX)1
Points ExpiryNever

Benefits of the Qantas American Express Business Credit Card

  • Earn Qantas Points when you spend. You’ll earn 2 Qantas Points per dollar when you spend on purchases for Qantas services within Australia, and for normal card purchases you’ll earn 1 Qantas Point. For excluded purchases, such as utilities, insurance providers (except for American Express) and government bodies you’ll earn 0.5 points per dollar spent. Points will be credited to your Qantas Frequent Flyer account monthly. You’ll need to link your Frequent Flyer membership number to your account in order to earn points. You can use these rewards for Awards Flights through Qantas and their partner airlines, or redeem products, gift cards or experiences through the Qantas Frequent Flyer store.
  • Complimentary insurance covers. When you book your travels using your Qantas business card, you’ll be covered by travel insurance for things like flight delays, boarding delays, missed collections or delayed luggage. Plus, you can shop online with peace of mind thanks to the Online Fraud Protection Guarantee.
  • Interest free days. You’ll receive up to 51 interest-free days on purchases.
  • Mobile contactless payments. Whether you use an iPhone, Android or Samsung device, you can use Apple Pay, Samsung Pay and Android Pay to make convenient contactless payments with your smartphone at the checkout.

Features of the Qantas American Express Business Credit Card

As well as giving you access to a suite of rewards and travel benefits, the card also comes with standard features that make it a competitive option to consider.

  • Annual fee. The card comes with an annual fee of $299.
  • Monthly statements. Your monthly statements will have a GST breakdown included in the charge for most of your transactions.
  • Additional cards. You can link additional cards to your account for no extra cost, helping you to earn more rewards for your business spending.
  • Business expenses. American Express lets you keep track of your business expenditure through Quicken, MYOB or Microsoft Excel. If you have additional cardholders, you'll be able to view and manage your colleague's spending.

How to apply for the Qantas American Express Business Credit Card

To apply for the American Express Business Credit Card, click ‘Go to Site’ to start the secure application process. Only sole traders and companies are eligible to apply online, all other business entities will need to submit their information and speak to a specialist. You should ensure you meet the following application criteria before you apply:

Eligibility criteria

To apply for this card, you’ll need to be:

  • Over the age of 18
  • An Australian citizen or permanent resident
  • Earning over $24,000 annual income per year before tax
  • Free from a history of bad debts or payment defaults
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2 Responses to The Qantas American Express Business Credit Card – Rates and Fees

  1. Default Gravatar
    Helen | July 14, 2016

    I would like to know if I get automatic Travel Insurance. I purchased my International flight using my earth platinum American Express card. I was 80 when I purchased the ticket but turned 81 on 10/7/16.
    Please let me know what I am covered for.

    • Staff
      Anndy | July 14, 2016

      Hi Helen,

      Thanks for your question.

      One of the eligibility criteria to receive the Westpac Earth Platinum credit card complimentary insurance cover is that “you are not over 80 years of age when you first become eligible for the cover by meeting the other conditions listed on the PDF file I sent you. You can directly contact QBE to verify if you are still covered, given your situation.

      Ive also sent to you the contact information for QBE.

      Cheers,
      Anndy

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