Credit Card Offers Amex Business Explorer: 50,000 bonus Membership Rewards points

[Doctore1003]

AMEX has launched an excellent new business credit card, based on its popular Explorer consumer credit card.

The earn rate is 2 Membership Rewards Gateway points per dollar (0.5 for govt), with 8 airline transfer partners and 2 hotel partners.

Cardholders can get an extra 50k bonus points each year by hitting $100k in spending.

There’s also a lower interest rate of 16.99% on purchases.

The annual fee is $395 and the minimum spend for the 100k bonus is $3000 in 3 months.

More details are available here:

Get 100,000 bonus points with the AMEX Explorer Business Card

 

[nathrek]

Surprised there are no other comments on this? I'm assuming that getting this card for my business will still earn me the 100,000 points bonus as my existing Amex card is a personal card and this will be the businesses card with an ABN associated etc.

 

[cji003]

A lot of trouble of getting this card, and when receiving it, a lousy credit limit of $3000 was offered, considering the amount we put through the card, it's horrible to work with.

 

[Doctore1003]

Just one week to go with this bonus offer!

 

[306]

Hi, I'm new here and thought I would sign up to the forums to give my experience of this card

I applied for this card about a month ago, I received the card in about a week, without any notification that I was approved.
Application was by phone, they called me back the day after I made the online application.
I currently hold a Business Accelerator (BA) card, and I made it clear at the time of the application that I had it, and the rep said I was ineligible for the points. Well I needed the card for work, so applied anyway.

Made a qualifying purchase a week later and still received the 100k points bonus, good news because I didn't get any signup bonuses with the BA, my first and only other amex direct card.

I called up this morning about a double billed paypal transaction, I mentioned linking the Gateway to the Ascent program of the BA, the rep appeared very willing to, but after a bit of checking was told it was impossible, because of the bonus 50k points after $100k spend per year bonus with the business version. I take it the bonus can only be deposited into the Gateway account, but the rep wasn't certain, since it is a pretty new product.

Roughly, the business version will earn more FF points then the personal version linked to a Ascent account with annual spend between $100k and $114k with the 50k bonus, outside those limits, the linked personal version will earn more.

The $395 fee was charged on the 1st statement.

A word of note for the BA card, the first time I took the card to credit, albeit $9,000 into credit ($3k limit), it was instantly blocked.


cji003 - Its going to be really rough getting to the $100k spend with a $3k limit

 

[Diesellife]

Roughly, the business version will earn more FF points then the personal version linked to a Ascent account with annual spend between $100k and $114k with the 50k bonus, outside those limits, the linked personal version will earn more.

That's not true... for example:
Spending $100k on business explorer will get 250k gateway points (200k base + 50k bonus), which can be redeem at 75% rate (compared to Ascent) to most FF programs , which is 187.5k.

Spending $100k personal explorer that is linked Ascent will get 200k FF points...

 

[306]

omg, You're so right, I'm not sure how I even came up with those numbers now.

Clearly, the business version never overlaps the personal version. I guess thats why the requirements for the business version is lower, and actually seemed very easy to apply for and be approved.

It was a lot easier than say my NAB Rewards Business Signature VISA card, and we've had our business banking with NAB for over 5 years.

 

[Diesellife]

Just raised a complaint with Amex. If we have enough people raising this, Amex will hopefully fix this up.
It's not fair that I have to put my business expenses on my personal card, especially they are essentially the same...

 

[Pantsoff]

omg, You're so right, I'm not sure how I even came up with those numbers now.

Clearly, the business version never overlaps the personal version. I guess thats why the requirements for the business version is lower, and actually seemed very easy to apply for and be approved.

It was a lot easier than say my NAB Rewards Business Signature VISA card, and we've had our business banking with NAB for over 5 years.

We had the same (torturous) experience getting the same NAB card.

I've been thinking about this card for our business also, but would have to use rewardpay to get to the $100k pa spend on Amex as most of our suppliers don't accept Amex (or add 3%). I think it works out to $0.012 per point which is acceptable. We currently use a personal Amex Velocity Platinum.

I'm new to frequent flyer points (previously cashed in ANZ rewards for cash). Have accumulated approx 300k velocity points in the last few months, and so far only used them for mel - syd flights. I couldn't find any flights from mel - US on virgin in the next few months (too difficult to plan further out) so not sure about the value "buying" points with rewardpay.

 

[tlam]

I have never seen $0 annual fee first year on Explorer card, but this is for business owners.

And 100,000 bonus points when spend $3000 first 3 months. 50,000 loyal bonus points every year

American Express Business Explorer Credit Card

Get complimentary travel insurance & receive protection and support for your business with American Express Business Explorer Credit Card. Apply Now!

www.americanexpress.com

 

[coolstepslg]

thanks op might give it a go. does anyone know if you need to be gst registered? any referrals? can a personal amex card holder that applys for their first business amex still get bonus sign up points?

 

[Kangol]

7D. Offer only available to new American Express Card Members who apply by 3rd July 2019, are approved and spend $3,000 on their new Card in the first 3 months from the Card approval date. Card Members who currently hold or who have previously held any other Card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for this offer. Previous and existing bank-issued American Express companion cardholders are eligible for this offer (cards issued by: Australia New Zealand Banking Group Limited, Commonwealth Bank of Australia, National Australia Bank, Westpac Banking Corporation). 100,000 Membership Rewards Bonus Points will be awarded to the eligible Card Member’s Account 8-10 weeks after the spend criteria has been met. This advertised offer is not applicable or valid in conjunction with any other advertised or promotional offer. Subject to the Terms and Conditions of the Membership Rewards program available at www.membershiprewards.com.au/termsandconditions. Introductory Membership Rewards Bonus Points may vary dependent on the time of approval.

Looks like Amex is the exception to the business/personal differentiation unlike other issuers.

 

[Jamesaurus]

If you just have an ABN and not registered for GST would this fly?

 

[Berlin]

7D. Offer only available to new American Express Card Members who apply by 3rd July 2019, are approved and spend $3,000 on their new Card in the first 3 months from the Card approval date. Card Members who currently hold or who have previously held any other Card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for this offer.

Hoping someone on here might know the answer- does a family member supplementary card holder count as “holding any other card product issued by American Express”?

I run a small business on the side together with my partner who is a supplementary card holder while I’ve had my Amex Platinum charge card for many years.

Would he be eligible for the bonus if he took out this business card in the name of our company? Or is the simple fact that he owns the business jointly with an existing card member (me) already enough to make it ineligible? Thanks for any advice!

 

[oz_mark]

Hoping someone on here might know the answer- does a family member supplementary card holder count as “holding any other card product issued by American Express”?

I run a small business on the side together with my partner who is a supplementary card holder while I’ve had my Amex Platinum charge card for many years.

Would he be eligible for the bonus if he took out this business card in the name of our company? Or is the simple fact that he owns the business jointly with an existing card member (me) already enough to make it ineligible? Thanks for any advice!

Don't know much about how it works with Business Cards, but supplementary card holders can normally still get the bonus points.

 

[Berlin]

Don't know much about how it works with Business Cards, but supplementary card holders can normally still get the bonus points.

That’s what I thought. But we own the company together so that might be the sticking point.

Hoping someone might know...

 

[coolstepslg]

it should be fine as long she hasn't held a basic card in her name in the last 18 months. has anyone with a amex personal card applied for their first business card in their company name gotten points please report back here? i know it has worked for me with personal cards as i didnt tick nor list myexisting membership no. and used a different address and got new membership starting date from 2017 and still got bonus points. havent tried this year but tempted to get a company card to see if 100k of points come through.

 

[alect]

I need a business credit card. I want to apply for the American Express Business Explorer® Credit Card which has a current 100k bonus, but excludes current Amex issued card holders. I hold an Amex DJ. My research tells me Amex DJ is excluded from the current card holder exclusions. I just chatted with Amex online, who confirmed given my holdings I am eligible for the bonus offer. They will email me the chat transcript as proof of their statement.

Some questions:

1. How reliable is their chat statement later on when I (maybe) don't receive the bonus and dispute that?
2. what are other peoples' experience who were Amex DJ holders obtaining bonus points on offers on this or other Amex card - is it reliable/automatic or requires a dispute with Amex?

 

[sudoer]

what are other peoples' experience who were Amex DJ holders obtaining bonus points on offers on this or other Amex card - is it reliable/automatic or requires a dispute with Amex?

Automatic, never had an issue

 

[AFF Editor]

Just updated the title of this thread to reflect the current ongoing sign-up bonus offer for the Business Explorer card.

American Express® Business Explorer Card

The Amex Business Explorer card has a low annual fee, earns 2 Amex Membership Rewards points per dollar and comes with travel insurance.

www.australianfrequentflyer.com.au