How to pay for business insurance and earn credit card rewards points

How to earn credit card reward points on your business insurance

Business insurance is a crucial expense for many companies, protecting against various risks and liabilities. Whether you’re a café owner insuring your premises or a consultant protecting against professional indemnity, insurance costs can add up quickly.

However, with pay.com.au, you can turn these necessary expenses into a windfall of credit card rewards points.

How many points can you earn when paying for business insurance with a credit card?

The potential for earning points is substantial. With the right business credit card, you could earn up to 1.25 points per pound spent on your insurance premiums through pay.com.au.

For example, if you spend $80,000 on annual insurance premiums, you could earn 100,000 points. That’s enough for a one-way Business Class flight from London to Singapore on Singapore Airlines, which requires around 95,000 points.

What if the insurance provider doesn’t accept credit card payments?

This is where pay.com.au comes in. Even if your insurance provider doesn’t accept credit cards or imposes high surcharges, our platform allows you to use your preferred card and collect all the associated rewards points. Here’s how it works:

1. You make the payment to pay.com.au using your chosen credit or charge card.
2. We then pay the insurance provider on your behalf.
3. You earn thousands of credit card reward points in the process.

It’s that simple!

What types of business insurance can you pay for through pay.com.au?

Our platform isn’t limited to specific types of insurance. You can use pay.com.au for a wide range of business insurance payments, including:

• Public liability insurance
• Professional indemnity insurance
• Business interruption insurance
• Cyber liability insurance
• Workers’ compensation insurance
• Commercial property insurance

Why pay.com.au beats paying direct

• Unlock cash flow
• Earn your full credit card rewards on insurance payments
• Earn two sets of rewards by opting in for PayRewards on every credit card payment
• Earn PayRewards points when paying via a linked bank account
• Redeem your rewards for almost anything! Flights, gift cards, travel and more

How do the pay.com.au fees stack up?

pay.com.au offers some of the most competitive fees in the market for processing credit card payments for payroll tax:

• Mastercard: 1% + GST
• VISA: 1.20% + GST
• American Express: 2.10% + GST

Plus there’s an option to add PayRewards Points to every transaction:

• Earn 1 PayRewards Point per $1 with a 1.0% ex GST fee
• Or 2 Points per $1 with a 1.8% ex GST fee.

These rates can be further reduced if you subscribe to their Regular or Premium packages. When compared to other B2B payment options, pay.com.au often emerges as a superior rewards and payments ecosystem for your business.

Is it worth it for your business?

When deciding whether to use pay.com.au for your business insurance payments, consider:

• The value of the rewards you’ll earn
• The fees you’ll pay to obtain the rewards
• The potential cash flow benefits for your business

For many businesses, especially those with high insurance costs, the rewards earned can far outweigh the fees, making it a smart financial decision. Feel free to visit our help centre or get in touch with our team who can help you crunch the numbers.

How do I sign up?

It’s easy. Head to the link below and follow the prompts to sign up for your business. It’s free to get started, and with low fees and a user-friendly interface, pay.com.au helps you do business better while maximising your rewards.

By using pay.com.au, you could soon be swapping your office chair for a business-class seat on your next flight. Join our growing number of satisfied customers who are turning their business insurance expenses into premium travel experiences.

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