The American Express Business Explorer Credit Card offers a mix of perks and helpful business features. This includes 2 American Express Lounge passes per year that you can use at Sydney or Melbourne international airports and complimentary travel insurance. It also has detailed statement breakdowns and transaction data that can help with accounting tasks for your business.
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American Express Business Explorer Credit Card
Terms and conditions apply
- Purchase rate
- 23.99% p.a.
- Reward points per $ spent
- 2
- Annual fee for the first year ($149 p.a. thereafter)
- $0 p.a.
- Interest-free on purchases
- Up to 55 days
Our verdict
Offers 2 airport lounge passes, complimentary travel insurance, and a $0 first-year annual fee, which goes to $149 p.a. after that.
Pros
-
$0 first-year annual fee
-
Up to 99 additional cards at no cost
-
2 American Express Lounge passes per year for use at Sydney or Melbourne international airports
-
Complimentary travel insurance
-
Up to 2 Membership Rewards points per $1 spent
Cons
-
$149 annual fee after the first year
-
3% foreign transaction fee
-
No ATM withdrawals or other cash advance transactions, which could be limiting for some businesses
Details
Product details
| Product Name | American Express Business Explorer Credit Card |
| Purchase rate p.a. | 23.99% |
| Interest-free period | Up to 55 days on purchases |
| Min credit limit | $3,000 |
| Card type | American Express |
Eligibility
| Available to temporary residents | No |
| Joint application | No |
Rewards
| Rewards program | Membership Rewards Gateway |
| Bonus points | N/A |
| Rewards points per $ spent | 2 |
| Rewards points cap | Uncapped |
Fees
| Annual fee | $0 first year ($149 after) |
| Minimum monthly repayment | 2.5% of the closing balance or $30, whichever is greater |
| Late payment fee | $30 |
| Foreign currency conversion fee | 3% |
| Cash advance fee | 2% or $2.50, whichever is greater |
| Additional cardholder fee | $0 |
| Number of additional cardholders | 99 |
Well done, American Express!
The American Express Business Explorer scored well for its bonus points offers, earn rates and annual fee during the period of analysis for this award category. It also offers airport lounge passes, complimentary travel insurance and up to 99 cards for employees with no additional annual fees.
Full list of 2024 winnersHow to apply
You can apply for the American Express Business Explorer credit card online, but make sure you check the eligibility requirements and organise the necessary information before you start your application.
Eligibility criteria
- Business requirements. Your business must have a valid ABN registered for GST with an annual revenue of at least $75,000.
- New cardholder application. To be eligible for the $0 first-year annual fee offer, you must be a new American Card Member. This means you can't have had an American Express card in the past 18 months.
Your reviews
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Amy Finder
Editor
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Nikki Angco
May 23, 2018
Hi Ruth,
We’ve read your message, Thanks!
Please note that we’re a product comparison website and we do not represent any company we feature on our site. We provide general information on products to assist you in your buying decision process hence we cannot recommend product / service that is rightfully fit for you.
Earn 100,000 bonus Membership Rewards when you meet the spend requirements:
— You can give your points balance a boost of 100,000 bonus Membership Rewards when you apply by 2 July 2018, receive approval and spend $3,000 in the first three months.
Business Loyalty Bonus. If you spend at least $100,000 within 12 months of your approval date, you’ll also receive a business loyalty bonus of 50,000 Membership Rewards.
Hope this was helpful.
Cheers,
Nikki
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James
May 20, 2018
Do you get $400 travel credit voucher per annum with Amex business explorer card like you do with the Amex explorer card?
Jeni Velasco Finder
May 20, 2018
Hi James,
Thank you for getting in touch with finder.
As a friendly reminder, while we do not represent any company we feature on our pages, we can offer you general advice.
With this American Express Business Explorer credit card, you don’t get $400 travel credit however you’ll also earn 2 Membership Rewards per $1 spent on purchases and 0.5 Membership Rewards points per $1 spent on government costs (such as ATO transactions). You can redeem these rewards to pay for purchases with points, gift cards or purchases via David Jones or Ticketmaster. If you prefer frequent flyer points, you can also exchange your Membership Rewards for points with eight frequent flyer programs including Velocity, Emirates Skywards, Air New Zealand Airpoints, Singapore Airlines KrisFlyer and Etihad Guest. If you spend at least $100,000 within 12 months of your approval date, you’ll also receive a business loyalty bonus of 50,000 Membership Rewards.
I hope this helps.
Have a great day!
Cheers,
Jeni
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Ruth Mulhern
May 22, 2018
The American Express website is quoting 50k points. How do you apply for this offer of 100k