Best business credit cards in Australia, 2026.

How business credit cards work.

When you make a purchase with your business credit card, the card provider extends a line of credit and pays the merchant on your behalf. You then have an interest-free period, typically between 44 and 55 days, to repay the amount before interest charges apply. If you don’t pay off the full amount, interest will be charged on the remaining balance.

Business credit cards often come with features that make managing company expenses easier, including:

However, it’s essential to manage repayments carefully to avoid unnecessary debt. This can help to ensure your company maintains a good credit history and avoids business credit card liability.

What to look for in a business credit card.

Choosing the right card starts with understanding what features matter most for your business. Here are some of the most important features that many businesses prioritise:

Interest Rates and Annual Fees

Look for low or competitive interest rates, especially if you expect to carry a balance. Some cards offer an introductory 0% interest period, which can help you manage large upfront costs.

Additionally, annual fees vary widely. While some cards charge no annual fee in the first year, premium business credit cards can cost $300 or more annually. Higher fees often come with better rewards, travel perks, or concierge services, so weigh the value carefully.

Credit Limit

Your credit limit should match your typical monthly business expenses. Some cards offer higher credit limits or automatic reviews based on your business’s financial performance. Higher credit limits are useful if you have large recurring expenses or if multiple employees will be using the card.

Rewards and Frequent Flyer Programs

Pick a card with a rewards program that fits your business. Many offer:

If your team regularly travels, look for cards linked to programs like Qantas Business Rewards, which allow you to earn Qantas Points across multiple employee cards and transfer them to a Qantas Frequent Flyer account.

Expense Tracking Tools

Some business credit cards integrate with accounting platforms like Xero and MYOB, making it easier to reconcile transactions. Look for features like:

This kind of functionality simplifies cash flow analysis and tax reporting.

Multi-User Access

If you have multiple staff members managing purchases, choose a card that allows additional cardholders. Some providers allow thousands of employee cards per account. Many providers also offer access to a credit card management system, enabling you to set spending limits, receive alerts, and track individual usage.

Comparing the best business credit cards in Australia.

Now that we’ve covered the key features to look for, let’s take a closer look at some of the most popular and highly rated business credit cards currently available in Australia. Each card offers something unique, from low interest rates to premium perks or valuable rewards.

1. American Express Business Explorer ¹

This card is ideal for businesses that want to maximise rewards from everyday spending. With generous points on eligible purchases and a strong rewards program, it’s a great fit for growing companies.

Features:

Interest Rates & Fees:

Credit Limit & Rewards:

This card suits businesses with high monthly spending who can pay off their balance each month to take full advantage of the interest-free period.

2. CommBank Corporate Low Rate Credit Card ²

For businesses focused on keeping interest charges low and managing a large team of cardholders, CommBank’s option offers practical features and scalable access.

Features:

Interest Rates & Fees:

Credit Limit & Controls:

This card is especially appealing to larger businesses or those wanting to minimise their exposure to high interest rates.

3. NAB Qantas Business Signature Card ³

For businesses reliant on travel, the NAB Qantas Business Signature Card could be a rewarding choice. It focuses heavily on Qantas Points, making it ideal for companies that regularly fly for meetings, client visits, or interstate projects.

Features:

Interest Rates & Fees:

Credit Limit & Rewards:

This card is appealing for Qantas Business Rewards members or companies that want to maximise travel value. With the bonus points offer and built-in travel perks, it adds convenience and potential savings for travelling teams.

4. Westpac Altitude Business Platinum Credit Card ⁴

Westpac’s Altitude Business Platinum is a solid option for businesses that want flexibility and premium features. It offers a strong rewards program and extras like complimentary insurance and dedicated business support.

Features:

Interest Rates & Fees:

Credit Limit & Rewards:

If your business values flexibility and wants to redeem points across a variety of categories, not just travel, this card could be a strong fit.

5. ANZ Business Black Credit Card ⁵

Designed for businesses that want access to premium services and high reward potential, the ANZ Business Black card is one of the most feature-rich options available.

Features:

Interest Rates & Fees:

Credit Limit & Rewards:

This is a premium business credit card offering for companies looking to maximise points and access concierge-level service. If your company has high monthly business expenses and wants maximum reward for every dollar spent, this card might be a perfect fit.

Which business credit card should you choose?

With a wide variety of features, fees, and perks across these five popular cards, the best choice depends on your company’s size, goals, and spending habits. 

From cards offering low interest rates and practical control features to premium business credit cards with Qantas Points and luxury travel perks, Australian financial institutions provide an option suited to just about every business type. 

It’s wise to take the time to compare the pros and cons of different providers and match them to your business needs.

The benefits of business credit cards.

Business credit cards offer more than just convenience. Used strategically, they become essential tools for maintaining healthy cash flow, tracking business-related expenses, and unlocking valuable rewards.

If you’re managing a startup or scaling a growing enterprise, the benefits of business credit cards can be wide-reaching. Let’s take a closer look at some of the key advantages:

1. Improve and Stabilise Cash Flow

Business credit cards give you immediate access to funds, which can be a lifeline during periods of tight cash flow. Whether you’re covering supplier invoices, ordering new inventory, or handling unexpected costs, having a credit card allows your operations to continue smoothly while you manage the timing of your cash inflows.

2. Take Advantage of Interest-Free Days

Most business credit cards offer an interest-free period on purchases, usually between 44 and 55 days. This grace period can help you defer payments without paying interest, improving short-term cash flow and giving you more flexibility to reinvest earnings elsewhere. Just be sure to pay off the balance in full to avoid high interest rates kicking in.

3. Track Spending with Clarity

A business credit card account offers simplicity by consolidating all eligible spending into one monthly statement. This makes it easier to review expenses, categorise transactions, and manage budgets, while also preparing you for tax reporting and financial analysis. 

However, relying on credit can delay your view of real-time cash flow, since payments are only reconciled when the statement is issued. With a debit card, you can only spend available funds, giving an immediate and more accurate picture of cash flow. When integrated with accounting software, this becomes a key advantage, and one of the main reasons many businesses choose the OFX Debit Card for tracking spend.

4. Designate Employee Cards with Control

Most business credit cards let you issue additional cards to staff with pre-set spending limits. This is helpful for teams who travel, purchase equipment, or incur client-related expenses. You maintain control while enabling autonomy, no more chasing paper receipts or processing petty cash.

5. Earn Valuable Points and Rewards

Many business credit cards let you earn Qantas Points, cashback, or other perks on eligible purchases. These rewards can be reinvested into the business, redeemed for travel, or used to offset future expenses. The best business credit cards offer flexible programs that align with your company’s spending patterns.

It is worth noting that some providers place limits on how much can be spent in a single transaction, which can restrict larger business payments. Cards like American Express are often favoured for their higher limits, making them a common choice for companies managing significant outlays. However not all invoices can be paid by card and not all merchants accept amex.

OFX adds another option by acting as the intermediary, letting you use your existing rewards credit card to pay for large bills and supplier invoices, even where a card would not normally be accepted. OFX processes the payment to your supplier on your behalf, which makes it possible to collect points on bigger transactions that would otherwise bypass your card entirely.

6. Simplify Reconciliation and Accounting

Integration with accounting software such as Xero or MYOB means transactions from your credit card can feed directly into your books. This helps reduce manual data entry, improves accuracy, and saves hours of admin every month.

In short, most business credit cards provide much more than just spending power. They become part of your financial toolkit, helping you manage costs, streamline workflows, and potentially reduce your overall operating expenses.

Business credit cards vs business debit cards.

While business credit cards offer flexibility and rewards, they aren’t always the right solution for every business scenario. Business debit cards provide a different type of financial control, one that may suit your company’s day-to-day needs, especially if you prioritise staying debt-free and maintaining tight oversight on spending.

Unlike credit cards, which allow you to borrow funds (often at higher interest rates if not paid off within the interest-free period), a business debit card draws directly from your linked bank account. This means you can only spend what’s available, reducing the risk of overspending or falling into credit card debt.

Is it better to use a business credit card or debit card?

Each card type has its place depending on your business needs, financial goals, and spending style:

Use a business credit card when:

Use a business debit card when:

Together, they help you:

Pairing a business credit card with a debit card lets you earn points and manage large purchases while staying grounded in daily operations with tighter budget control.

Tap into extra value with OFX Pay by Card.

One way businesses are maximising their credit card benefits is through OFX’s Pay by Card service. This lets you pay expenses like rent, tax bills, or supplier invoices with your credit card, for suppliers or payments that don’t usually accept credit cards.

By routing the payment through OFX, you still collect your card’s reward points, adding value to every transaction. The advantage is flexibility and value.

You amplify points for travel or reinvestment while keeping control over payments, even with suppliers that restrict payment methods. Everyday costs become a chance to collect points without changing supplier terms.

Pairing your traditional business credit card with the OFX Global Business Account gives you the ability to use credit strategically for larger purchases and earning rewards, while gaining all the FX and spend management benefits of OFX.

This is especially useful for businesses paying overseas contractors, marketing in multiple markets, or managing international travel.

The OFX Corporate Card.

For businesses with employees working across borders, foreign transaction fees and currency conversion costs can quickly add up. The OFX Corporate Card helps simplify global spending and improve control, without the risks of credit.

Unlike traditional corporate credit cards, this is a debit card. Every payment is backed by the funds in your OFX Global Business Account, helping your business stay debt-free while maintaining visibility and control. 

The OFX Corporate Card offers:

Used alongside a traditional business credit card, the OFX Corporate Card gives you the flexibility of credit when needed, and day-to-day discipline when it matters most. To see how OFX can streamline your finances, book a free demo today.