American Express Business Explorer Credit Card

On American Express' website

Apply by 2 June 2022

American Express Business Explorer Credit Card

Highlights

  • Receive 120,000 bonus Membership Rewards points when you apply by 2 June 2022, are approved and spend $3,000 on your card within the first 3 months. New American Express Card Members only.
  • $0 first-year annual card fee ($149 p.a. thereafter).
  • Enjoy a low interest rate of 3.99% p.a. on new purchases for the first 6 months of Card Membership (reverts to 19.99% p.a. thereafter).

Pros and cons

Pros

  • Receive 120,000 bonus Membership Rewards points when you apply by 2 June 2022, are approved and spend $3,000 on your card within the first 3 months. New American Express Card Members only.
  • $0 first-year annual card fee ($149 p.a. thereafter).
  • Enjoy a low interest rate of 3.99% p.a. on new purchases for the first 6 months of Card Membership (reverts to 19.99% p.a. thereafter).

Cons

  • There is no balance transfer offer for this card.
  • Cash advances are blocked, which might be inconvenient for some.

Overview

The basics

  • Additional cardholders. Add up to 99 additional cardholders for employees at no additional cost.
  • Digital wallets. This card can be used with Apple Pay, Google Pay, and Samsung Pay.
  • Gambling transactions. Gambling transactions are not permitted on this card (or any other Amex card).

Rewards and benefits

  • Complimentary travel insurance. Cardholders have access to complimentary domestic and international travel insurance covering themselves, their partner, and Card Member employees. Policy active when the card has been used to pay for trips that start and end in Australia.
  • Concierge services. This card gives cardholders access to the American Express concierge service, available 24 / 7 for help with things like travel recommendations, booking travel or reservations, gift ideas, etc.
  • Lounge access. Card Members have access to the American Express Lounges in Sydney and Melbourne two times each year. Complimentary access for children traveling with the Card Member.
  • Rewards points. This credit card earns 2 Membership Rewards Gateway points for every $1 spent on eligible purchases.

Rates and fees

  • Annual fee. $0 annual fee on the first year then $149 p.a. in succeeding years
  • Balance transfers. There is no balance transfer offer for this card.
  • Cash advances. Cash advances are not possible with the Business Explorer Credit Card.
  • Foreign exchange fee. You will be charged 3% when you make transactions in a foreign currency while overseas or while shopping online at an overseas website.
  • Interest-free period. Get up to 55 days interest-free on purchases when you have paid your previous balance in full or made the minimum required payment.
  • Purchases. American Express Business Explorer Credit Card holders will get 3.99% p.a. for the first 6 months of purchases on the card. After the introductory period, the standard rate of 19.99% p.a. will apply to purchases.
  • Sign up bonus. 120,000 Bonus Membership Rewards Bonus Points after you spend $3,000 in eligible purchases on the card in your first 3 months.