Are you making the most of your reward points? Linking your card to a reward program can help deliver big benefits for small business owners.
There’s no doubt running a business can be a costly enterprise, from wages to rent, utilities to loan repayments, contractor payments and supply chain expenses, costs can soon add up. However, businesses that direct the majority of their spending to a charge card with a rewards program attached are in the unique position to benefit as they build their business.
While there are a lot of reward programs and cards on the market, business owners may want to look for a card with an affiliate program that will allow them to earn points on every dollar they spend.
Unlike a traditional credit card, a charge card such as The American Express Qantas Business Rewards ® Card has no preset limit on spending (although this doesn’t mean unlimited spending. For terms, see here). This gives business owners increased flexibility when it comes to managing their cash flow.
A key benefit of using Qantas Business Rewards as the loyalty program linked to the card is the program allows you to earn Qantas Points to your Qantas Business Rewards account*.
This gives small business owners greater flexibility on how they manage their Qantas Points. If employee business travel costs are getting you down, this card offers a great solution.
Qantas Points earned can be transferred to any Qantas Frequent Flyer member – meaning small business owners can use their points to pay for travel, help reward employees with travel perks or even offer other incentives like gifts from the Qantas Store.
This card also offers accelerated points earning potential when using the card to book flights with Qantas. With the American Express Qantas Business Rewards Card, you’ll earn 1.25 Qantas Points per dollar spent on the card (except for government and insurances where you’ll earn 0.5 Qantas Points, or Qantas products where you’ll earn 2 Qantas Points per $1 spent)**. If you have ongoing monthly costs you can rapidly rack up thousands of rewards points a month.
Additional benefits such as lounge passes^ and travel insurance~ is another nice touch.
The more you use your card for business expenses, the faster your points balance grows.
So reconsider how you pay your business expenses and get more from your spend. Not only will you benefit from up to 51 days interest free#, you’ll be earning rewards that can be shared with your staff or family members too. Sounds like a winning combination to me…
This article is sponsored by American Express in conjunction with Kochie’s Business Builders
* American Express approval criteria applies. Subject to Terms and Conditions. Fees and charges apply. All information is correct as at 27 September 2018 and is subject to change. This offer is only available to those who reside in Australia. Cards are offered, issued and administered by American Express Australia Limited (ABN 92 108 952 085). 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.
** 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, fees and charges for travellers cheques and 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. 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.
^ Provided the Basic Card Member is a Qantas Frequent Flyer and has registered their Qantas Frequent Flyer number with your business’ American Express Qantas Business Rewards Card, your business is eligible to receive two Qantas Club Lounge Invitations each anniversary year of Card Membership once your business makes an Eligible Qantas Purchase on your American Express Card during that year. Eligible Qantas Purchases are Qantas passenger airfares with a QF flight number purchased directly from Qantas Australia that appear on your Card statement, Qantas Frequent Flyer, Qantas Business Rewards or Qantas Club membership, joining or annual fees. Excludes purchases from Jetstar. Within 1-2 weeks of the Eligible Qantas Purchase, two Qantas Club Lounge Invitations will be assigned to the Qantas Frequent Flyer account nominated by the business. Visit the Complimentary Invitations Portal to access invitations, link it with an eligible Qantas flight booking or find out more information. Qantas Club Lounge Invitations are valid for a single visit by one guest to a Qantas Club Lounge and must be used prior to their expiry. Invitations are subject to the Qantas Club terms and conditions and are not valid for Qantas International First Class Lounges, the Qantas Chairman’s Lounge, Qantas Domestic Business and or oneworld® alliance partner or associated lounges. Qantas Club Invitations cannot be carried forward to any subsequent year and must not be sold, they may only be transferred as allowed by Qantas. Invitations may be revoked or withheld if your business’ American Express Qantas Business Rewards Card account is not in good standing, if the Eligible Qantas Purchase is refunded in full or if you have not complied with these Qantas Club Invitation Conditions, the Credit Card Terms and Conditions or the Qantas Club Lounge Access Terms and Conditions.
~ American Express Card Insurances are subject to terms, conditions and exclusions. The complimentary travel insurance cover is also subject maximum age limits, pre-existing medical conditions and limits and is available when you use your American Express Qantas Business Rewards Card to pay for return domestic or international travel. American Express Card Insurances are underwritten by Chubb Insurance Australia Limited (ABN 23 001 642 020, AFSL No. 239687) (“Chubb”) and are subject to the terms, conditions and exclusions contained in the American Express Card insurances policy of insurance between American Express International, Inc. (ABN 15 000 618 208, AFSL No. 237996) (“AEII”) of 12 Shelley Street, Sydney 2000 and Chubb.
#Depending upon 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.
^^Offer only available to new American Express Card Members who apply by 4th February 2019, are approved and spend $3,000 on their new Card in the first 2 months from the Card approval date. Card Members who currently hold or who have previously held any other Card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for this offer. Previous and existing bank-issued American Express companion Card Members are eligible for this offer (cards issued by: Australia New Zealand Banking Group Limited, Commonwealth Bank of Australia, National Australia Bank, Westpac Banking Corporation). 100,000 bonus Qantas Points will be awarded to the eligible Card Member’s Account 8-10 weeks after the spend criteria has been met. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer. Subject to the American Express Qantas Business Rewards Card Points Terms and Conditions.