For many small business owners, a credit card is more than just a payment tool. It can help manage cash flow, simplify expense tracking and unlock a range of rewards from spending that’s already happening.
Yet many Australian SMEs still rely on personal credit cards for business expenses, potentially missing out on benefits specifically designed for business owners. That’s becoming even more relevant with the recent changes announced by the Reserve Bank of Australia and how this could reshape how Australians earn rewards on personal cards.
If your business regularly pays suppliers, purchases inventory, books travel or covers everyday operating expenses, a business credit card can turn that spending into a significant stream of Qantas Points – with up to 200,000 bonus Qantas Points* on offer for new sign-ups.
Disclaimer: This article is brought to you in partnership with Qantas Business Rewards.
Why consider a business card?
One of the biggest advantages of a business credit card is the ability to separate business and personal spending. This can make bookkeeping easier and provide greater visibility over company expenses.
Other useful features include additioanl cardholders (i.e. employee cards), potentially higher credit limits compared to personal cards, detailed reporting and rewards tailored to business travel. With Qantas Business Rewards (QBR), you have the ability to transfer the Qantas Points earned by your business to a Qantas Frequent Flyer.
Read on to learn about our top three picks, each offering up to 200,000 Qantas Points* as of August 2026.
American Express® Qantas Business Rewards Card
The American Express Qantas Business Rewards Card currently offers one of the largest sign-up bonuses in the market. New American Express Card Members can earn 150,000 bonus Qantas Points plus $200 in your Qantas Business Rewards Travel Fund* after spending $6,000 on eligible purchases within three months of approval, when applied and approved by 6 October 2026.¹
This card can be particularly attractive for businesses that spend heavily with Qantas.
Card Members can earn up to 4 Qantas Points per $1 spent. That’s 2 Qantas Points on Qantas products and services, plus 2 bonus Qantas Points per $1 spent on eligible Qantas flights once flown7. Meanwhile, the standard rate is 1.25 points per dollar on all eligible spend, except for government spend, which is 0.5 points per dollar.² However, note that there is a cap of 500,000 Qantas Points per calendar year. After that, your earn rate drops to 0.75 points per dollar.
Other standout benefits include:
- Cash flow: Up to 51 days to pay for purchases³
- Employee cards: Up to 99 employee cards with no annual fee⁴
- Lounges: Two complimentary domestic Qantas Club lounge invitations each year⁵
Does your business have significant monthly expenses? It’s also a charge Card, which means you can access a line of unsecured funding with flexible spending power⁵. The annual fee is $450 a year.
The American Express Qantas Business Rewards Card
1. 150,000 bonus Qantas Points + $200 Qantas Business Rewards Travel Fund Offer: Offer only available to new American Express Card Members who apply by 6 October 2026, are approved and spend $6,000 on eligible purchases on their new Card in the first three (3) months from the Card approval date. Eligible purchases do not include Card fees and charges, for example annual fees, interest, late payment, cash advances, balance transfers, traveller’s cheques and foreign currency conversion. Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited in the past 18 months are ineligible for this offer. 150,000 bonus Qantas Points will be awarded to the eligible Card Member’s Account 8-10 weeks after the spend criteria has been met. $200 credit will be issued by Qantas into the Card Member’s Qantas Business Rewards Travel Fund up to 10 weeks after the bonus Qantas Points have been awarded. Bookings made using Travel Fund can only be used for future flight bookings through Qantas Business Rewards; it is non-transferable and cannot be redeemed for cash. Promotional Credits from this offer will be valid for 12 months from the date of issue. Subject to Travel Fund Terms and Conditions. Subject to the American Express® Qantas Business Rewards Card Points Terms and Conditions. $450 annual Card fee applies. The $200 Travel Fund will only be awarded once per ABN. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer.
2. A business must be a Qantas Business Rewards Member to earn Qantas Points for business. Membership and the earning of Qantas Points as a business are subject to the Qantas Business Rewards Terms and Conditions. Points are earned in accordance with and subject to the American Express Qantas Business Rewards Card Points Terms and Conditions. Your business will earn 1.25 Qantas Points per $1 of everyday spend, which does not include annual fees, late payment fee and fees and charges for foreign currencies. Your business will earn 0.5 Qantas Points per $1 spent at participating merchants classified as ‘utilities’ including gas, water and electricity providers; ‘government’ including the Australian Taxation Office, the Australian Postal Corporation, federal/state and local government bodies; and ‘insurance’ excluding insurances offered by American Express. Industry specific earn rate may apply when you use a payment account, payment aggregator, services of a third party or online retailers that sell goods for another merchant. For example a payment made to Local Government bodies processed through a payment aggregator may earn rates at the government earn rate. Your business will earn 2 Qantas Points per $1 spent on the following Qantas Products and Services purchased on the Qantas merchant account (i.e. directly from Qantas): Qantas passenger flights (with a QF flight number), Qantas Holidays, Qantas Branded non-airfare products, and Qantas Frequent Flyer and Qantas Club membership joining and annual fees. Excludes Jetstar. For the full list of exclusions, please refer to the American Express Qantas Business Rewards Card Points Terms and Conditions. Once you have earned a total of 500,000 Qantas Points on your Card Account in a calendar year, your earn rate of 1.25 Qantas Points per $1 spent will change to 0.75 Qantas Points per $1 spent on everyday business purchases. All other earn rates (Qantas products, services and government, utilities and insurances spend) will remain unchanged. The points threshold is based on eligible Qantas Points earned during a calendar year and will be reset on 1 January each year. Qantas Points earned by all Card Members on a Card Account contribute to the 500,000 points threshold each calendar year. Bonus points earned from Acquisition bonus offers and marketing campaigns are excluded from the threshold.
3. Extend your cash flow by up to 51 days: Depending on your method of payment, when you make a purchase, when your statement is issued and whether or not you are carrying forward a balance on your account from your previous statement period. If you pay by direct debit, your payment will be processed 10 days after your statement is issued.
4. Employee Card Members must be over 18 years of age. The Business and the Primary Card Member are jointly and severally liable for all Employee Card spending. Each employee is entitled to only one (1) Employee Card.
5. Unless we tell you otherwise, your American Express Charge card comes with flexible spending power, also known as no pre-set spending limit. This means that the amount you can spend is dynamic and can adapt based on your transaction patterns, your business’ credit rating, and other factors. The way you use your Card can help your spending power grow, particularly in the first few months. To help maximise your spending power, make regular transactions and don’t miss any payments.
6. Your business is eligible to receive two domestic Qantas Club Complimentary Lounge Invitations each anniversary year of your American Express Qantas Business Rewards Card (Card) Membership, provided that: (a) the Primary Card Member is a Qantas Frequent Flyer member; (b) your business makes a purchase on selected Qantas products and services; and (c) you have registered your business’s Qantas Frequent Flyer number with your business’s Card Account. Selected Qantas products and services are the purchase of (a) a Qantas passenger flight departing from Australia with a QF flight number, purchased in Australian Dollars (AUD) directly from Qantas.com.au using your business’s Card that appears on your Card statement; or (b) using your Card to pay for joining or annual fees for Qantas Frequent Flyer, Qantas Business Rewards or Qantas Club membership. Within 2 weeks of purchasing selected Qantas products and services, two Qantas Club Complimentary Lounge Invitations will be assigned to the Qantas Frequent Flyer account nominated by your business. If your Qantas Frequent Flyer member information requires updating, call the number on the back of your Card. In order to use your invitations, login to your Qantas Frequent Flyer Account or use the Qantas App to access your invitations and link them with an eligible Qantas flight booking prior to use (must be done at least 24 hours prior to your departure time). Each Qantas Club Complimentary Lounge Invitation is valid for a single visit by one guest to a domestic Qantas Club Lounge only and must be used prior to expiry. Access and use are subject to the Complimentary Lounge Invitation Terms and Conditionsand the Lounge Entry Terms and Conditions. Invitations may be revoked or withheld if your business’s Card account is not in good standing, if the selected Qantas products and services are refunded in full, or if you have not complied with the Complimentary Lounge Invitation Terms and Conditionsand the American Express Credit Card Terms and Conditions.
7. The insurance on American Express Cards is subject to terms, conditions and exclusions (such as maximum age limits, pre-existing medical conditions and cover limits). You must use your American Express Qantas Business Rewards Card to pay for your trip in order to be covered under the travel insurance and pay for eligible items for those items to be covered under the retail insurance benefits. It is important you read the American Express Qantas Business Rewards Card Insurance Terms and Conditionsand consider whether the insurance is right for you. We do not provide advice about the insurance or whether it is appropriate for your objectives, financial situation or needs.
This insurance is underwritten by Chubb Insurance Australia Limited (ABN 23 001 642 020, AFSL No. 239687) under a group policy of insurance held by American Express Australia Limited (ABN 92 108 952 085, AFSL No. 291313). Access to this insurance is provided solely by reason of the statutory operation of section 48 of the Insurance Contracts Act 1984 (Cth). Card Members are not a party to the group policy, do not have an agreement with Chubb and cannot vary or cancel the cover. American Express is not the insurer, does not guarantee or hold the rights under the group policy on trust for Card Members and does not act on behalf of Chubb or as its agent. American Express is not an Authorised Representative (under the Corporations Act 2001 (Cth)) of Chubb.
8. 2 Bonus Qantas Points on Eligible Flights: A business must be a Qantas Business Rewards Member and include both its ABN and the traveller’s Qantas Frequent Flyer number on eligible Qantas flight bookings to earn 2 bonus Qantas Points on eligible flights per $1 spent for business. Points will be credited after all segments in a flight booking have been flown. Any segment that is not flown or cancelled will not earn points. Qantas Points will not be earned on credit card fees, change fees, and ancillary purchases such as seat selection and baggage. Qantas Points earned for the business are only available for American Express Qantas Business Rewards or American Express Qantas Corporate Card Members when the Card is used to make an eligible Qantas flight booking. An eligible flight means a domestic or international flight which has a Qantas ‘QF’ flight number on the ticket that is purchased in Australia; is operated by Qantas, Emirates or American Airlines; has a ticket number commencing with ‘081’; and is booked and travelled for business purposes on or after the date the business registers for Qantas Business Rewards; and does not include a segment of the booking that includes a non-QF coded flight. Exclusions apply. The bonus Qantas Points benefit is not available in conjunction with any other rebate, Corporate Fares Agreement or discount arrangement with Qantas. A Member’s ABN and traveller’s Qantas Frequent Flyer number must be quoted at the time of booking to earn Qantas Points for both the business and the traveller. Qantas will allocate bonus Qantas Points to the business under the Qantas Business Rewards Airline Reward Scheme Terms and Conditions. The 2 bonus Qantas Points for business benefit applies to all bookings made on or after 17 June 2026. Any bookings made before 17 June 2026 will earn points under the benefit in effect at the time of booking.
NAB Qantas Business Signature Card
The NAB Qantas Business Signature Card is designed for businesses looking to earn Qantas Points across a wide range of spending categories.
New customers can currently earn up to 200,000 bonus Qantas Points. That’s 150,000 bonus Qantas Points when you spend $10,000 on everyday business expenses within 90 days of account opening, plus another 50,000 bonus points when you keep the account for 15 months.¹ This card earns 1 Qantas Point per $1.50 spent (equivalent to 0.66 Qantas Points per dollar) with a high monthly earning cap of $50,000 per card per statement period.²
Key benefits include:
- ATO/Government spend: earns at the same rate as general spend (0.66 points per dollar)³
- Cash flow: Up to 44 interest-free days⁴
- Travel insurance: NAB Commercial Cards Transit Accident insurance⁵
The annual fee is the lowest of the three picks, at $295 per year.
NAB Qantas Business Signature Card
1. Offer commenced on 3 August 2026. Apply for and be issued a new NAB Qantas Business Signature Card account before the offer is withdrawn and spend $10,000 on everyday business purchases within 90 days of account opening to receive 150,000 bonus Qantas Points. Keep your account open for at least 15 months from the account opening date to receive 50,000 bonus Qantas Points. Bonus Qantas Points will be credited to the qualifying member’s Qantas Business Rewards Account within 90 days of meeting the applicable facility account open criteria provided the card account remains open and in good standing. If the qualifying member’s NAB Qantas Business Signature Card Account is closed (either by the member or by NAB) before the bonus points are credited to the member’s Qantas Business Rewards Account, the member may forfeit the bonus points. NAB is not responsible for any delays in assessing your application or the card being issued. Everyday business purchases are purchases which are eligible to earn Qantas Points. Certain transactions and other items are not eligible to earn Qantas Points. For details refer to the NAB Qantas Commercial Card Rewards Conditions (PDF, 167KB). NAB may vary or end this offer at any time without notice. This offer applies only once per new NAB Qantas Business Signature Card account. Offer is not available in conjunction with any other new business credit card offer or NAB offer (subject to the express terms of the offer), where you currently hold or have closed any NAB business credit card, which included a special offer, within the previous 12 months or when closing or transferring from another NAB business credit card account.
2. All Qantas Points earned using the card(s) will be credited to the Qantas Business Rewards Account of the business. To earn points using your NAB Qantas Business Signature Card, you must be a Qantas Business Rewards member. A one-off joining fee of $89.50 usually applies but will be waived for the business taking a new NAB Qantas Business Signature Card, when you join by visiting qantas.com/nabqbr, opens in new window or calling 13 74 78. You will need to register your same ABN as per your NAB Qantas Business Signature account.
This offer may be withdrawn at any time. Qantas Business Rewards membership and Qantas Points are subject to the Qantas Business Rewards Terms and Conditions, opens in new window. Refer to the NAB Qantas Commercial Card Rewards Conditions (PDF, 167KB), opens in new window for details of eligible business spending. Points are capped at $50,000 spend per card per statement period.
3. Eligible government payments include payments to the ATO (excluding payments made by BPAY). Refer to the NAB Qantas Commercial Card Rewards Conditions (PDF, 167KB), opens in new window for details of eligible business spending.
4. If you pay your closing balance on your monthly statement in full by the due date each month. Excludes cash advances (including bills paid over the counter at a bank, financial institution or post office, purchases of travellers’ cheques and transactions for gambling or gaming-related purposes).
5. AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631, trading as Allianz Global Assistance (AGA), under a binder from the insurer, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz), has issued an insurance group policy to National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686 (NAB) which allow eligible persons to claim under them as third party beneficiaries. Access to the benefit of cover under the NAB card insurances is available to eligible NAB account holders by operation of s48 of the Insurance Contracts Act 1984 (Cth).
Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or needs. You must check whether or not it is appropriate, in light of your own circumstances, to act on this advice.
This insurance is underwritten by Allianz. NAB is not the product issuer or insurer and neither it nor any of its related bodies corporate guarantee any of the benefits under this cover.
If an eligible person wishes to claim any of these benefits, they will be bound by the eligibility criteria, terms, conditions, exclusions, limits and applicable sub-limits contained in the group policy as set out in the NAB Commercial Cards Transit Accident Insurance Policy Information Booklet dated 1 November 2023 (PDF, 163KB), opens in new window which may be amended from time to time. For insurable events that occurred prior to 1 November 2023, please refer to the NAB Commercial Cards Transit Accident Insurance Policy Information Booklet dated 30 June 2022 (PDF, 339KB)
ANZ Qantas Business Rewards card
The ANZ Qantas Business Rewards credit card offers a balance of earning potential and flexibility. Eligible new cardholders can currently earn up to 150,000 bonus Qantas Points. That’s 100,000 bonus Qantas Points by spending $6,000 on eligible purchases in the first three months from approval of your new card, plus another 50,000 bonus Qantas Points for holding the card for over 15 months.¹
This credit card lets you earn uncapped Qantas Points – 0.75 Qantas Points per dollar on eligible purchases up to and including $15,000 per statement period and 0.5 Qantas Points per dollar on eligible purchase after that.² Plus, you can earn an extra 1 Qantas Point per dollar on eligible Qantas products and services.³
Some of the key features include:
- Cash flow: Up to 55 interest-free days⁵
- Employee cards: Unlimited at $0 (annual fee)⁶ + $75 p.a. (Rewards Fee)⁷ each
- Insurance: Complimentary domestic and international travel insurance⁸
The annual fee is $300 on the main card and complimentary for additional/employee cards.⁶ Also note there is a $75/year Rewards Fee that applies to all cards.⁷
ANZ Qantas Business Rewards card
1. Offer available to new and approved applicants who apply for a new ANZ Qantas Business Rewards account. ANZ may terminate, withdraw or vary this offer at any time without prior notice. This offer applies only once per new ANZ Qantas Business Rewards account. Offer is not available when transferring from an existing ANZ Business credit card account and/or adding an additional account to an existing ANZ Business credit card contract. You are not eligible for this offer if you currently hold or have held an ANZ Qantas Business Rewards and/or ANZ Business Black account in the last 12 months. Your application must be approved, and you must activate your ANZ Qantas Business Rewards account and make $6,000 worth of eligible purchases within 3 months of approval to receive the 100,000 bonus Qantas Points. Eligible purchases means purchases which are eligible to earn Qantas Points. Certain transactions and other items are not eligible to earn Qantas Points. For details refer to the ANZ Qantas Business Rewards Terms & Conditions (PDF). The 100,000 bonus Qantas Points will be credited to the Qantas Business Rewards member account within 3 months of the eligible spend criteria being met. The 50,000 bonus Qantas Points for retaining the card over 15 months will be credited to the Qantas Business Rewards member account within 3 months of you retaining the card for over 15 months from card activation. If you transfer or cancel your new ANZ Qantas Business Rewards account before the bonus Qantas Points are processed to your Qantas Business Rewards member account, you may become ineligible for this offer. If any repayments are overdue before the bonus Qantas Points are processed to your membership, you will be ineligible for this offer until any overdue amount and amounts shown on your statement as being payable immediately have been paid.
2. Qantas Points and Bonus Qantas Points are earned in accordance with the ANZ Qantas Business Rewards Terms & Conditions. Certain transactions and other items are not eligible to earn Qantas Points, for details refer to the ANZ Qantas Business Rewards Terms & Conditions. The Principal must be a member of the Qantas Business Rewards Program to earn Qantas Points in connection with the ANZ Qantas Business Rewards Card. All Qantas Points earned on eligible Card spend will be awarded to the Principal. Points will not be awarded to individual Cardholders.
3. Selected Qantas products and services are the following items purchased directly from Qantas: Qantas passenger flights (with a QF flight number) Qantas Frequent Flyer and Qantas Club membership joining and annual fees. Excludes Jetstar, Qantas Holidays, Qantas branded non-airfare products and any Qantas products and services not purchased directly from Qantas. Refer to ANZ Qantas Business Rewards Terms & Conditions for details on earning and redeeming Qantas Points
5. Interest free days do not apply if you do not pay your Closing Balance in full by the due date each month. Payments to your account are applied in the order set out in the ANZ Commercial Card (ANZ Business One) Terms and Conditions (PDF).
6. The Annual Fee is current as at today’s date and is subject to change. Please refer to the ANZ Commercial Card (ANZ Business One) Terms and Conditions (PDF) and ANZ Commercial Card (ANZ Business One) Fees and Charges (PDF) for details about all applicable fees and charges.
7. The Rewards Fee is current as at today’s date and is subject to change. Please refer to the ANZ Commercial Card (ANZ Business One) Terms and Conditions (PDF) and ANZ Commercial Card (ANZ Business One) Fees and Charges (PDF) for details about all applicable fees and charges.
8. Complimentary credit card insurance covers provided are part of a Group Policy issued by AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 (trading as Allianz Global Assistance) under a binder from the underwriter, Allianz Australia Insurance Limited (Allianz) ABN 15 000 122 850 AFSL 234708 to Australia and New Zealand Banking Group Limited (ANZ) ABN 11 005 357 522 AFSL and Australian credit licence 234527 which allows eligible ANZ account holders and cardholders to claim under the Group Policy as a third party beneficiary by reason of the statutory operation of Section 48 of the Insurance Contracts Act 1984 (Cth). The eligibility criteria, terms, conditions, exclusions, limits and applicable sub-limits of the group policy are set out in the ANZ Commercial Card (ANZ Business One) Terms and Conditions (PDF) and the ANZ Business Black and ANZ Qantas Business Rewards Complimentary Travel Insurance Policy Information Booklet (PDF) as applicable which may be amended from time to time. An excess may be deducted from any benefit paid. ANZ does not guarantee this insurance. Any advice has been prepared without taking into account your objectives, financial situation or needs. You must check whether or not it is appropriate, in light of your own circumstances, to act on this advice.
Don’t overlook Qantas Business Rewards
While you should certainly consider the sign-up bonus first, there’s also plenty of reasons to hold the card for longer. If you’re not already a Qantas Business Rewards (QBR) member, you’ll be able to join for free after taking out a card. QBR lets businesses ‘double-dip’ on employee travel earnings, while also accessing discounts on fares and Qantas Club membership.
- As a Level 1 member, your business earns 20 points for every 100 points the traveller earns. You also get up to 6% (excluding taxes, fees and carrier charges) off the base fare of selected flights, and 20% off Qantas Club.
- If you reach Level 2 (earn at least 15,000 points from business travel, you earn 30 points for every 100 points the traveller earns. Your flight discount is bumped up to 9% (excluding taxes, fees and carrier charges) off the base fare of selected flights, and you can also get 30% off Qantas Club.
- For high-flying SMEs who unlock Level 3 (earn at least 80,000 points from business travel), you’ll get 40 points per 100 points the traveller earns. Your flight discount is bumped up to 10% (excluding taxes, fees and carrier charges) off the base fare of selected flights, and you can also nominate one traveller to fast-track their status to Gold.
Because the business and traveller can earn points from the same booking, the value can compound quickly for organisations with regular travel requirements.
Which card is right for your business?
Business credit and charge cards can be a powerful tool for SMEs looking to manage cash flow and maximise rewards from everyday business spending. With bonus offers of up to 200,000 Qantas Points* currently available, now could be an opportune time for business owners to reassess whether their existing setup is working as hard as it could be.
The best card depends on how your business spends money. Before applying, consider your typical monthly spending, whether you need employee cards, how important lounge access is and whether earning uncapped points is a priority.
If you’re unsure which card best suits your business, the Qantas Business Rewards Credit Card Comparison tool can help compare earn rates, benefits, fees and charges, and bonus point offers across the portfolio.
A business must be a Qantas Business Rewards Member to earn Qantas Points for the business. A one-off joining fee of $89.50 applies, is inclusive of any applicable GST and may be varied by Qantas from time to time, without notice, in its absolute discretion. Membership and Qantas Points for business are offered under the Qantas Business Rewards Terms and Conditions, and earning thresholds apply. T&Cs, min spend, retention, credit & eligibility criteria, fees & charges apply. Acquisition offers vary by card partner.
This article is brought to you in partnership with Qantas Business Rewards.
