The Qantas Business Rewards is designed to reward small and medium-sized Australian businesses for their loyalty. It offers a range of benefits and rewards for companies that frequently fly with Qantas. These include Qantas Points on eligible business expenses and access to exclusive offers and events. Businesses can enrol in the program for free and start earning points immediately.
How to compare Qantas Business Rewards credit cards
Compare the following factors when choosing a business rewards program:
- Earn rate. Look at each card's earning rates and bonuses and compare them to your typical business expenses. The more you spend, the more points you earn.
- Caps and tiers. How many points can you earn before reaching the cap or next tier? It may be better to have a card with a lower earn rate and no cap versus a card with a high earn rate and a cap.
- Annual fee. Compare the annual fees for each card and weigh them against the benefits you receive.
- Interest rates. Carrying a balance quickly negates the value of any Qantas Points earned, but it's still better to have a lower interest rate if you think there is a chance of carrying a balance in the future.
- Perks. Consider extra perks like travel insurance, concierge services, or lounge access. These can add value for your business, but it's important to weigh the cost of the annual fee against the benefits you receive.
Pros and cons
Like all rewards cards, the Qantas Business Rewards card has both benefits and drawbacks.
Pros
- Turn business expenses into rewards. Qantas Business Rewards offers a range of earning opportunities, including a standard earning rate, bonus points for selected purchases, and the ability to earn points on eligible expenses such as flights, hotels, and car rentals.
- Transfer Qantas Points to anyone. Reward staff, give Qantas Points to friends or family, or top up your personal balance.
- Redeem Qantas Points and save money. Points can be redeemed for travel-related products and services, including flights, upgrades, and non-travel products and experiences.
- Access to exclusive offers and events. Qantas Business Rewards members get exclusive offers and events, including priority boarding, premium lounge access, and check-in.
- Added benefits and perks. many QBR cards come with complimentary travel insurance, concierge services, and lounge access.
Cons
- High annual fees. Qantas Business Rewards cards are not known for their low annual fees. However, though typically high, the annual fee is a tax-deductible expense.
- High interest if you carry a balance. It might be better to consider cards without rewards and lower rates. Is the cost of having the card and the interest worth the rewards and benefits?
- Difficulty in extracting maximum value. It can be hard to redeem Qantas Points for Business or First Class long haul flights with Qantas or one of their partners unless booking far in advance.
FAQs
Is there an annual fee for Qantas Business Rewards in addition to credit cards?
Some Qantas Business Rewards credit cards charge an annual fee, while others are free. Compare annual subscriptions and benefits offered by each card to choose the best option for your business.
Are there restrictions on the types of rewards I can redeem with Qantas Business Rewards points?
Depending on the credit card you choose, there may be restrictions on the types of rewards that you can redeem with Qantas Business Rewards points. Review the rewards catalogue for each card and compare the redemption options to evaluate the best option for your business.
