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Businesses: How to pay nearly all expenses with a credit card and earn points

This article was prepared in partnership with B2Bpay

Are you a savvy business owner who likes to earn reward points on business expenses?

If so, there’s a way you can pay nearly all expenses with a credit card and earn full points on the transactions – even on government payments like tax – thanks to the innovative Aussie firm B2Bpay.

Based in Sydney, B2Bpay provides a secure online payment portal that is trusted by over 25,000 Australian businesses in a wide range of industries. Any business with an ABN can join, including sole traders. 

B2Bpay also lets businesses earn points when they pay expenses via their bank account, as well as when receiving payments from customers.

For many businesses, that can add up to piles of points for use on future travel.

If you’re a business owner who loves to collect points and redeem them for high-value rewards like business class flights, you’re probably keen to know more – so let’s dig into the details. 

Earn full points on credit card payments

B2Bpay lets you pay invoices and bills with a credit card via its online portal, even where the supplier/biller doesn’t accept card payments directly. 

The way it works is that B2Bpay charges your card and deposits funds to your biller/supplier by EFT or BPAY within 3 business days.

You can use any Visa, Mastercard, American Express and Diners Club credit, debit or charge card.

Since your card issuer treats the transaction as a purchase (not a cash advance), it earns full points, like other regular card purchases. 

That means you can earn full points with government agencies, insurance companies, utilities and telco firms, which otherwise earn no or limited points on most cards.  

Separately, you’ll also earn Qantas Points, thanks to B2Bpay’s partnership with Qantas Business Rewards. You’ll receive: 

  • 1 Qantas Point for every $7 paid by card for government payments
  • 1 Qantas Point for every $10 paid by card to other suppliers.

These Qantas Points will be credited to your business’s Qantas Business Rewards account.

Qantas Business Rewards is the loyalty program built for Australian small and medium businesses. You just need an active ABN, and can join for free via B2Bpay if you’re not already a member (saving $89.50). 

From your Qantas Business Rewards account, you can use points to book flights and upgrades~~ or transfer your business’ points to any Qantas Frequent Flyer account to use on hotels, car hire, wine or choose from over 20,000 products from Qantas Marketplace.>

For card payments, B2Bpay charges a processing fee of 1.2% plus GST for a standard Visa or Mastercard, 1.55% plus GST for premium / corporate Visa or Mastercard, 2.2% plus GST for American Express and 2.4% plus GST for Diners Club – all of which are tax deductible.

Earn Qantas Points on payments from your bank account

To earn even more Qantas Points, you can take advantage of B2Bpay’s new Bank Accelerator Plus feature, which lets you earn Qantas Points on every payment from your bank account (with a 1.87% fee).

The earn rate is an impressive 1 Qantas Point per $1 paid, with no caps or limits. 

Bank Accelerator Plus gives you an alternative to paying bills with a credit card – perhaps because you may earn more points this way, or because you’ve reached your card limit or monthly points earning cap. 

It’s also a handy way to earn points when paying off your monthly business credit card bill. 

In addition, you can earn up to 3 Qantas Points per $1.50 paid to businesses that are registered as B2Bpay Bonus Billers.

Other benefits of making payments via B2Bpay

As well as building your points balance faster, other benefits include:

  • improved cash-flow when paying by card, since you have up to 55 days to pay off the card without incurring interest
  • saving time: you can connect to Xero, MYOB or QuickBooks to autoload bills, then make one off, bulk automatic or future dated payments, with fast and simple reconciliation. 

Earn Qantas Points when customers pay you

You can also use B2Bpay to accept payments from customers and earn Qantas Points in the process. 

It’s free and easy to become a B2Bpay Biller and start accepting payments. 

Once your branded payment page is set up on B2Bpay’s website, simply include the link in the payment info section of your invoices.

Your customers can follow the link to pay you by card, with funds transferred to you by EFT or BPAY within 3 business days.

You’ll earn 1 Qantas Point for every $20 paid to you by Visa or Mastercard (there’s no points earned for American Express or Diners Club).

There’s no cost to you unless you choose to absorb the payment processing fee that your customers will be charged (1.2 – 2.4% plus GST depending on the card they use).

As well as earning points, accepting payments from customers via B2Bpay can help you get paid faster and saves you time thanks to automatic reconciliation with Xero, MYOB and QuickBooks.

How could Qantas Points give your business a boost?

Let’s say you earn 150,000 Qantas Points through a combination of making payments by credit card and bank account and receiving payments from customers via B2Bpay (fees apply). 

With 150,000 Qantas Points, you could:

  • fly Premium Economy on Classic Rewards from Sydney to Singapore return (at a cost of 102,600 points plus taxes and fees)
  • book a two-night stay in Singapore’s iconic The Fullerton Hotel (145,471 points)*
  • power your business with a 10.2-inch Apple iPad on Qantas Marketplace (121,270 points).±
Use points towards upgrading your next flight

Summing up 

If you’re a business owner who loves to earn points on business expenses, B2Bpay solves several problems.

It lets you earn full points on credit card transactions like government payments and use your card to pay suppliers who don’t accept cards directly. 

On top of that, you can also earn Qantas Points on bank account payments and when customers pay you.

That can add up to a lot of points, which in turn could help fund work trips or holidays.  

To find out more about all these benefits and sign-up, visit B2Bpay here.

Important Information

~~ A business can redeem Qantas Points directly from their Qantas Business Rewards account on Classic Flight Rewards or Points Plus Pay flights, paid seat selection and additional baggage allowance (when purchased at time of flight booking).

> In order to transfer Qantas Points from a Qantas Business Rewards account to an individual’s Qantas Frequent Flyer account, the business account must have a balance of at least 3,000 Qantas Points. You must be a Qantas Frequent Flyer member to earn and redeem Qantas Points. A joining fee may apply. Membership and Qantas Points are subject to the Qantas Frequent Flyer program Terms and Conditions. We recommend you consult your accountant or tax adviser to ensure you understand possible tax implications, for example fringe benefits tax (if applicable).

+ A business can redeem Qantas Points directly from their Qantas Business Rewards account on Classic Flight Rewards. Classic Flight Rewards are available on Qantas, Jetstar and partner airlines. Classic Flight Reward seats are subject to capacity controls, availability is limited and some flights may not have any Classic Flight Rewards available. The Qantas Points stated are accurate as at 1 November 2023 based on return  flight from Sydney to Singapore departing 2 May 2024,  and returning 6 May 2024, but may vary at the time of booking. Taxes, fees and carrier charges are payable in addition to points required for Classic Flight Rewards. Status Credits and Qantas Points will not be earned on Classic Flight Rewards. Visit Classic Flight Rewards for more information.

*Qantas Points rate is correct as at 1 November 2023 based on a check in date of 25 April 2024 in a Premier Courtyard Room for 2 nights for 2 adults. Points required are subject to change. Availability may be limited. Qantas Classic Hotel Rewards must be booked using Qantas Points only. Members cannot redeem points for additional hotel charges for extras (including cots, breakfasts and other incidentals) on check-in or check-out (as applicable). Qantas Points cannot be earned on Classic Hotel Rewards. Read the full terms and conditions.

±Points required are correct as at 1 November 2023. While stocks last.

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