Best Business Credit Cards in Australia: 2026 Guide

Getting a business credit card can give you more control over your spending. However, with dozens of options in Australia, each offering an assortment of rewards, travel points, lower fees (and more), it can be difficult to know what’s actually a good fit for your business.

This guide breaks down the best business credit cards in Australia by category, so you can compare options clearly and home in on the right choice for your specific needs. There’s also an intro to Wise Business if you fancy an alternative card linked to a multi-currency account for managing international finances.

Table of contents
What is a business credit card? How dooes it work? Types in Australia Factors to consider Best business credit cards in Australia 1. Overall 2. For rewards 3. For travel points 4. For startups and small businesses 5. No annual fee Challenges involved Wise Business debit card: An alternative

What is a business credit card?

A business credit card is a line of credit designed for business expenses. It provides short-term flexibility, allowing you to pay for your things now and then settle the outstanding balance at a later date, either in full or over time with interest.

Business credit cards are often used to pay for:

• Day-to-day operational expenses
• Inventory purchases
• Software subscriptions, and marketing and ad services
• Travel and entertainment - flights, client meals, etc.

How do business credit cards work?

After applying for a card, a financial institution, such as a bank, approves your business for a credit limit based on a range of factors, such as your annual revenue and credit history. You can then spend up to that limit and receive a monthly statement showing your transactions and a closing balance. Many corporate cards also offer features like rewards, employee cards, spending controls, and expense tracking.

Types of business credit cards available in Australia

• Business Rewards cards where points are earned on eligible spend and then redeemed for gift cards and other perks.
• Frequent flyer cards where points are earned for airline reward programs and redeemed for travel.
• Low rate cards offering lower purchase interest rates.
• No annual fee cards with fewer perks but very low, predictable costs.
• Cashback cards where a percentage of spending is earned as statement credit.
• Balance transfer cards that allow you to move existing credit card debt to a new card.

Factors to consider when choosing a business credit card

• Annual fees - Most premium cards cost $300+ annually. Consider if the rewards and value you get are worth the outlay.
• Interest rates (APR) and ‘free days’ - anything above 20% p.a on purchase is considered high, but again, look at overall value and your spending patterns. Most cards offer 50+ days interest free.
• Rewards programs - do you need high points per dollar, or are low account fees more valuable? Research points, caps, expiry rules, etc, in detail.
• Employee cards - can you add more cardholders and how much it will cost?
• Integrations - check to see if the cards integrate with accounting software like Xero and MYOB, plus other tools.

Best business credit cards in Australia

Let us look through some of the best business credit cards available in Australia, categorizing them by rewards, travel points, and low-interest options to help owners manage cash flow effectively.

1. Best overall business credit cards in Australia

NAB Qantas Business Signature Card

The NAB Business Signature Card is structured for businesses that want to earn Qantas Points on eligible everyday spending, while still getting access to travel-related perks, which might be convenient for global teams. The purchase interest rate is 18.50%.

Key features¹:

• Welcome bonus for new cardholders (currently 150,000 Qantas Points when spending $10,000 within 3 months)
• Earn 1 Qantas Point for every $1.50 spent
• Security and fraud protection with NAB Defence.
• Complimentary unauthorised transaction and transit accident insurance
• Up to 44 days interest free on purchases

Fees:

• $295 annual fee¹
• 0% international transaction fee²

Westpac Altitude Business Platinum Credit Card

The Westpac Altitude Business Platinum credit card offers tools, features, and “meaningful rewards” for new and established business owners alike.

You earn points on the Altitude Reward program, which can either be used for gift cards and merchandise or transferred to five frequent flyer programs, including Virgin Australia and Qantas Frequent Flyer. The variable purchase interest rate on this card is 20.24%.

Key features³:

• Earn up to 2x points per $1 spent on purchases
• Access to Westpac’s Business Money tools to streamline business admin
• Complimentary travel insurance
• Personal concierge service offering round-the-clock expert support
• Up to 55 days interest free on purchases

Fees³:

• $200 annual fee
• 3% foreign transaction fee
• 3% cash advance fee

ANZ Business Black

ANZ’s Business Black card has a bit of everything, with premium features and the potential for earning substantial rewards with uncapped monthly allowances. This might be a good option for big spenders. There’s a 20.24% interest rate on all purchases, plus cashback options.

Key features⁴:

• Earn 1.5x reward points for every $1 spent (up to $10,000)
• Turn points into cashback to reduce credit card balance
• Redeem points with several airline programs, including Velocity and KrisFlyer
• Complimentary travel insurance
• Up to 55 interest free days on purchases
• Add an unlimited number of cardholders

Fees⁴:

• $300 annual fee
• $75 per card per year to enrol for rewards

2. Best business credit card for rewards

American Express Business Gold Plus Card

The Business Gold Plus Card is a high-earning rewards card for everyday purchases. But it’s particularly useful for those spending regularly on platforms like Meta and Xero as the card is structured to accelerate earned points in these categories. There are also statement credits for reducing annual operating costs.

Key features⁵:

• Earn 3x points per $1 spent at Xero, Google Ads, Amazon Web Services (and more), plus up to $650 in statement credits per year.
• Earn 1.5x points per $1 spent on everyday spend
• Up to 55 days interest free to pay for purchases
• Dynamic spending limits with ‘Flexible Spending Power’.
• Complimentary travel insurance

Fees⁵:

• $395 annual fee
• Two free employee cards, then $75 for additional cardholder

3. Best business credit card for travel points

For racking up travel points, there are plenty of cards, mostly tied to specific arlines. American Express offers Qantas Business Rewards and Velocity Business Card options. However, as an all-rounder for travel, the Business Explorer might be best.

American Express Business Explorer Credit Card

American Express’ Business Explorer doubles as a strong rewards and travel points option for everyday spending. It’s designed for businesses that don’t want to be locked into one specific frequent flyer program — rewards points can be transferred to 10 major partners (airline, hotel and retail). There’s a 23.99% per annum interest rate.

Key features⁶:

• New card members can earn a 50,000 point bonus when spending $3,000+ on eligible purchases within 3 months.
• Earn 2x points for every $1 spent on eligible purchases
• Travel perks, including airport lounge access and complimentary travel insurance
• Up to 55 days interest free on purchases

Fees⁶:

• $149 annual fee

4. Top business credit card for startups and small businesses

Now, let’s look at a couple of the best corporate credit cards for small business.

St George BusinessVantage Visa Credit Card

St George's BusinessVantage offers a very low 9.99% purchase interest rate, which could be useful for micro businesses where cash flow is often tight and unpredictable in early stages.

There’s still room for growth, though — you can get 99 additional cards with spending controls. St George also says it’s suited to “many business structures” including sole traders.

Key features⁷:

• Complimentary unauthorised transaction insurance.
• Get up to 55 days interest free on purchases when paying the full closing balance by the due date.
• Detailed statements for easier expense tracking and reporting.

Fees⁷:

• $55 annual fee
• 3% foreign transaction fee
• 3% cash advance fee

👆Check out our guide on the best credit cards for small businesses in Australia for more options.

5. Business credit card with no annual fee

CommBank Business Low Rate Credit Card

CommBank’s Low Rate card is well-suited to startups and large corps alike — it has a “simple application process” and no annual fees. There’s a low purchase interest rate of 14.55% per annum. It’s also possible to get cash advances from ATMs and other outlets for 1.50% of the transaction amount.

Key features⁸:

• Get cashback through the Rewards section of the CommBank mobile app
• Complimentary transit accident and unauthorised transaction insurance

Fees⁸:

• $0 annual fee and $0 to add more cardholders
• 3% international transaction fee⁹

Challenges involved with business credit cards

Credit cards provide payment leeway and are laden with rewards and perks, but there are risks businesses should be aware of. These include:

• High interest rates if balances aren’t repaid in full.
• Annual fees that might outweigh rewards value (depending on usage).
• Foreign transaction fees, typically 3+% on all overseas spending.
• Foreign exchange markups that are often hidden in exchange rates.
• Risk of overspending due to a reliance on credit that can be paid off at a later date.

Wise Business debit card: An alternative to business credit cards

Credit cards can support cash flow in the short term. But they’re not always the most cost-effective way to spend, especially for cross-border transactions. A business debit card can give you more control over your finances as you only spend money you’ve got. There’s also no burden of a rolling balance to pay off.

Wise Business offers a debit card linked to a multi-currency account: you can spend in 150+ countries, and convert at the mid-market exchange rate with a transparent fee.

Simplify how your team manages international expenses. Wise Business debit cards offer a straightforward and efficient solution for spending and withdrawing funds across the globe.

• Provide your team with contactless international business debit cards for spending in 150+ countries
• Get the first Wise debit card for free with a Wise Business account
• Enjoy zero foreign transaction fees, no subscription fees, and free standard delivery
• Make 2 free monthly withdrawals of up to 350 AUD per account
• Experience currency conversion at the mid-market rate with transparent fees from 0.63%

Want a simpler way to handle your team's international expenses?

Sign up for the Wise Business account! 🚀

This general advice does not take into account your objectives, financial circumstances or needs and you should consider if it is appropriate for you.

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Sources:

1. NAB Qantas Business Signature Card
2. NAB - International transaction fees
3. Westpac Altitude Business Platinum Mastercard
4. ANZ Business Black Credit Card
5. American Express Business Gold Plus Card
6. American Express Business Explorer Credit Card
7. St.George Business Vantage Visa Credit Card
8. CommBank Business Low Rate Credit Card
9. CommBank - Business Credit Card Fees and Charges