If you’ve been on the hunt for a rewards credit card that doesn’t come with a hefty price tag, then look no further than the Queensland Country Bank Business Credit Card. This card features a 12.95% p.a. purchase rate and $90 annual fee. And in terms of points, card holders will earn 1 point per $1 spent - it’s no wonder this card took out a 2021 Mozo Experts Choice Award for best Rewards Business Credit Card!
With the Queensland Country Bank Business Credit Card business owners can enjoy a relatively low interest rate and the perks of a rewards program. This nifty piece of plastic features all the standard features of a credit card, like a 12.95% p.a. purchase rate, a $90 annual and up to 55 interest-free days.
But unlike many low rate cards, the Queensland Country Bank Business Credit Card also comes with a rewards program. For every $1 you spend, you’ll earn 1 point, which you can put toward things like free flights, gift cards and even cash!
However there are a few things to keep in mind, like that your points will be capped at 10,000 each month and expire after 24 months if not used. And while there is a 1.50% foreign exchange fee for any international purchases, it’s worth noting that compared to other offers in the market this is on the lower side.
The Queensland Country Bank Business Credit Card could be a great pick for business owners looking for a great value rewards program, without the high interest rate.
If you are a business owner looking to cash in a range of rewards, just keep in mind that points are capped at 10,000 each month. It’s also worth remembering that your points will expire after 24 months if they’re not used.
Fly Sydney to London return
-
Fly Sydney to Melbourne one-way
-
$100 Giftcard
15,000 points
$100 Cash
15,000 points
1 point per dollar on Visa, up to 10000 points per month
Earn points that are converted into funds. These funds can be accessed via EFTPOS to make purchases.
Spend $15,000 (Visa)
Spend $15,000 (Visa)
at 10,000 points monthly
24 months
To work out the "Rewards value minus fees" in our Rewards Revealer we:
calculate how many points you'd get each year,
figure out how many flights or gift cards or cashback credits you could get for those points,
work out what that's actually worth to you,
take off the annual fee you'd pay.
More details:
Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.
We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.
Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.
In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.
We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.
To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.
Shopping rewards are based on $100 gift cards from a major national department store.
We make every effort to ensure our calculations are correct and up to date but make no guarantees.
12.95% p.a. |
|
none |
|
No current offer |
|
none |
|
12.95% p.a. |
|
55 |
$90.00 |
|
none |
|
none |
|
none |
|
$40.00 |
|
$1.00 |
|
1.50% |
|
$1.00 |
|
$35.00 |
|
$0.00 |
$20.00 |
|
3.0 |
|
yes - free |
|
none |
Apple Pay
American Express
Qantas Ultimate Card
20.74% p.a.
No current offer
$450
Qantas Frequent Flyer
St.George
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
NAB
Low Rate Card
12.99% p.a.
0% p.a. for 32 months and then 21.74% p.a. (0% balance transfer fee)
$59 $0 in the first year
American Express
Platinum Edge Credit Card
20.74% p.a.
No current offer
$195
Membership Rewards
American Express
Velocity Platinum Card
20.74% p.a.
No current offer
$375
Velocity Frequent Flyer
St.George
Amplify Rewards Platinum
19.49% p.a.
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
$99
Qantas Frequent Flyer
American Express
Qantas Ultimate Card
Qantas Frequent Flyer
$450
100,000
1.25 points uncapped
Westpac
Altitude Platinum
Qantas Frequent Flyer
$200 $99 in the first year
70,000
0.5 points up to $100,000/year
American Express
Platinum Edge Credit Card
Membership Rewards
$195
30,000
1 point uncapped
St.George
Amplify Rewards Platinum
Qantas Frequent Flyer
$99
60,000
0.5 points up to $100,000/year
David Jones
American Express Card
Qantas Frequent Flyer
$99
No current offer
0.5 points uncapped
American Express
Cashback Credit Card
Cashback Rewards
$120
No current offer
1 point uncapped
David Jones
American Express Platinum Card
Qantas Frequent Flyer
$295
No current offer
0.5 points uncapped
HSBC
Platinum Credit Card
0% p.a. for 36 months and then 21.99% p.a.
19.99% p.a.
$129 $29 in the first year
Rewards Plus
St.George
Amplify Rewards Platinum
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
19.49% p.a.
$99
Qantas Frequent Flyer
St.George
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
Bank of Melbourne
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
St.George
Amplify Rewards Signature
0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)
19.49% p.a.
$279
Qantas Frequent Flyer
BankSA
Vertigo
0% p.a. for 32 months and then 21.49% p.a.
13.99% p.a.
$55 $0 in the first year
St.George
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
BankSA
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
NAB
Low Rate Card
12.99% p.a.
0% p.a. for 32 months and then 21.74% p.a. (0% balance transfer fee)
$59 $0 in the first year
Bank of Melbourne
Vertigo
13.99% p.a.
0% p.a. for 32 months and then 21.49% p.a.
$55 $0 in the first year
NAB
StraightUp Card
0% p.a.
No current offer
$120 $10/month - waived if no spend & no balance owing
BankSA
No Annual Fee
0% p.a. for 12 months then 20.74% p.a.
No current offer
$0
NAB
StraightUp Card
0% p.a.
No current offer
$180 $15/month - waived if no spend & no balance owing