Are there rewards programs for corporate credit cards?

Yes. Many corporate cards earn points on spending that can be redeemed for travel, merchandise or other benefits.

Do corporate credit cards affect personal credit scores?

Generally no, since the liability rests with the company. But misuse or breaching company policy could have professional consequences.

What's the difference between a corporate and a business credit card?

Corporate cards suit large companies that need extensive expense-management tools and custom features. Business cards suit small to medium enterprises with fewer employees and simpler needs.

Who can apply for a corporate credit card?

Corporate cards are usually for large businesses with a high annual turnover, often over $10 million, that need multiple cards for employees.

Corporate credit cards

Credit cards designed for corporates give larger businesses more granular control over spending and reporting, and often add travel benefits.

Granular control over staff spending
Detailed expense tracking and reporting
Travel benefits and high credit limits

Written by Andrew BoydReviewed by Vidhu Bajaj and David BoydWith insights from Ryan Edwards-Pritchard

Featured

American Express Corporate Platinum Card

350,000 bonus Membership Rewards points
Complimentary airport lounge access

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How many points could you earn?

Enter your monthly spend to see estimated annual points for each card below.

Compare 12 corporate credit cards

Credit card comparison table with rates, fees, rewards and apply links.
Card	Name and rating	Rewards program	Earn rate	Interest-free days	Annual fee	Est. points / yr
	CommBank Corporate Charge Card	—	—	Up to 31	$40
HSBCStandard •••• •••• •••• •••• Credit Card CompareMastercard	HSBC Corporate or Purchasing Card	—	—	Up to 55	$40
	CommBank Corporate Low Rate Credit Card	—	—	Up to 55	$40
	CommBank Corporate Interest Free Days Card	—	—	Up to 55	$40
	American Express Corporate Gold Card	American Express Membership Rewards	1.5 pts per $1Uncapped	Up to 51	$105	129,000 ptsWorth $1,290
	American Express Qantas Corporate Gold Card	American Express Membership Rewards	1.5 pts per $1Uncapped	Up to 51	$105	129,000 ptsWorth $1,290
	American Express Qantas Corporate Card	American Express Membership Rewards	1.5 pts per $1Uncapped	Up to 51	$70	104,000 ptsWorth $1,040
	American Express Corporate Card	American Express Membership Rewards	1.5 pts per $1Uncapped	Up to 51	$70	104,000 ptsWorth $1,040
	American Express Corporate Platinum Card	American Express Membership Rewards	2 pts per $1Uncapped	Up to 51	$800	422,000 ptsWorth $4,220
	American Express Qantas Corporate Platinum Card	American Express Membership Rewards	1.5 pts per $1Uncapped	Up to 51	$1,200	404,000 ptsWorth $4,040
	HSBC Corporate Card	—	—	Up to 55	Undisclosed
	NAB Purchasing and Corporate Card	—	—	Up to 0	Undisclosed

Corporate by the numbers

Cards compared

2 pts per $1

Top earn rate

American Express Corporate Platinum Card

46 days

Average interest-free days

55 days

Most interest-free days

$251

Average annual fee

What is a corporate credit card?

Large businesses use corporate credit cards to handle payments, manage cash flow and let employees cover expenses. They're usually available only to companies with a high turnover (for example, over $10 million) or those needing many employee cards.

For smaller companies, a business credit card facility is usually enough. Corporate cards are often charge cards: if you hold a corporate card from American Express, it's almost certainly a charge card.

Which providers offer corporate credit cards in Australia?

The main providers are American Express, ANZ, Cape, CommBank, HSBC, NAB and Westpac. Some advertise specific corporate cards with listed rates and fees, but most offer customised programs with personalised rates, terms and benefits.

Diners Club no longer offers charge cards in Australia (as of 31 January 2024).

Expert insight: putting cash flow in the driver's seat

“Running a business is all about making smart, efficient choices. Corporate credit cards are a game-changer for cash flow management, automating your accounting and for keeping your expenses in check. It's about putting you in the driver's seat to scale efficiently and keep your finances streamlined.”

Ryan Edwards-Pritchard

Chief Executive of ANNA Money

Why large companies use charge cards

David Boyd, co-founder of Credit Card Compare, points to a balance-sheet benefit: "Unlike a credit card, a charge card is not a liability on your balance sheet; it's an expense. If you are tying up your balance sheet with credit card liabilities, it reduces your working capital."

"For a large corporate with 250 cards issued to staff, that could be tens or hundreds of millions of dollars in a revolving credit facility. A charge card doesn't do that. It's a much more efficient use of your balance sheet."

Watch the per-card fees

With many cards issued to staff, pay attention to fees at the individual card level: annual card fees, rewards program fees, additional cardholder fees and replacement card fees.

The usual credit card fees apply too, including foreign transaction fees, cash advance fees and late payment fees.

Corporate credit card FAQs

Unauthorised use insurance may protect the company from financial losses due to misuse. Companies can also monitor spending and enforce policies to prevent and address improper use.

Questions and answers

No questions yet. Ask the first one about Corporate credit cards.

Related card types

Business cards Charge cards Credit cards for self-employed people Qantas Business Rewards credit cards

Sources

Credit Card Compare: Australian credit card statistics