AMEX have today launched the business version of the much-loved Explorer Card. New Card Members will receive an introductory 100,000 Membership Rewards Bonus Points when applying by 2 October 2017 and spending $3,000 in the first 3 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.
The card comes with an uncapped points earning rate, a generous loyalty bonus each year, a low interest rate and other perks to save you time and money – it’s quite possibly the best business credit card currently available on the market.
Both the Business and Consumer Explorer cards come with a $395 annual fee. The advantage of the Explorer business card vs the Explorer consumer card is the 50k bonus points each year (provided you spend $100k) and the lower interest rate. However, you don't get the $400 travel credit. Personally, I'd value the 50k points much higher than the travel credit.
Main Perks:
- 50,000 Membership Rewards Bonus Points when you spend $100,000 every 12 months from your Card approval date
- 2 entries per calendar year to the American Express Lounge at Sydney International Airport T1
- A low interest rate of 16.99% p.a. on all purchases
Ongoing points earn
You’ll pick up 2 points per $1 spent on all purchases except government bodies in Australia (including the ATO) where you will earn 0.5 points per $1 spent. The rate for Government spend is actually quite decent, when you consider that many other cards don’t pay out points on this category at all. And there's no points cap - ever!
Eligibility
You need to be aged over 18 and to be an Australian citizen or permanent resident. Your reportable personal gross (pre-tax) annual income must be (a very low) $24,000 or more.
Annual fee
The card comes with a $395 annual fee – the same you’ll pay for the Explorer consumer card. Your annual Card Membership fees may be tax deductable when your Card is used solely for business purposes.
Other AMEX credit card deals
I'm currently promoting a number of other lucrative AMEX consumer credit card deals, which have been released in the wake of the RBA changes which came into effect on July 1. Check out my credit card page for more information.
Note that I run an AMEX affiliate partner site, The Champagne Mile but this deal will take you through to the main AMEX link (I receive no commission)
