American Express Corporate Card

American Express Corporate Card

Highlights

  • Earn 50,000 Membership Rewards Bonus Points when you apply online, get approved, and meet the $10,000 spend criteria within the first 2 months from the Card approval date. This offer is available only for new Card Programs. Membership Rewards enrolment is required, and an annual fee applies.
  • Accumulate unlimited Membership Rewards points and gain access to tools and support to enhance business efficiency.
  • Earn up to 1.5 Membership Rewards points per $1 spent by all Card Members (uncapped).

Pros and cons

Pros

  • Earn 50,000 Membership Rewards Bonus Points when you meet the criteria.
  • Earn unlimited Membership Rewards points and access tools and support to maximize business efficiency.
  • Be covered for domestic & international business travel when you pay for your trip with your Card

Cons

  • There is a 3% foreign transaction fee

The basics

  • Additional cardholders. Add unlimited additional cardholders for free. Ideal for managing company expenses per employee.
  • Digital wallets. You can use this card with Apple Pay, Google Pay, and Samsung Pay.
  • Gambling transactions. Gambling transactions will be blocked on this and any other Amex card.

Rewards and benefits

  • Complimentary travel insurance. Complimentary domestic and international travel insurance comes with this card. Cover for up to $350,000 applies when you pay for your trip using your card.
  • Concierge services. The American Express Corporate Card offers access to the American Express Corporate Concierge service, which can help with booking travel, gift suggestions, price comparison, and more.
  • Rewards points. The Corporate Card earns 1.5 Membership Rewards points for each $1 spent on eligible purchases. There are no caps or restrictions on the number of points you can earn. Members are eligible to earn and redeem points immediately after account opening.
  • Sign up bonus. The sign up bonus for the Amex Corporate Card is 50,000 Membership Rewards points. Points can be transferred to a number of airline partners.

Rates and fees

  • Annual fee. The annual fee for this card is $70 p.a. This is tax-deductible.
  • Balance transfers. There is no balance transfer offer for this card.
  • Foreign exchange fee. There is a 3% fee when you make purchases in a foreign currency while overseas or when shopping online.
  • Interest-free period. 51 days interest-free on purchases.
  • Purchases rate. There is currently no introductory offer on purchases. This is a charge card, meaning there is no interest in purchases. The balance must be cleared every statement and cannot be carried over.

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