Superannuation

How you can pay employee superannuation with a credit card and earn points

Superannuation can be a super large expense for businesses. 

Employers in Australia are required to pay employees who are over 18 years old and earn $450 or more before tax in a calendar month an extra 10 percent in superannuation. 

Even for relatively small businesses, these quarterly payments to employee superannuation accounts can add up to thousands or even tens of thousands of dollars. 

But with pay.com.au you can make super payments using a credit card and earn rewards points. 

With a little help from us, paying your employee superannuation with a credit card through our easy-to-use portal could lead to you taking a business class flight to spectacular San Francisco. 

Stepping foot on the Golden Gate Bridge could just be a few cycles of super payments away.

How can you pay super with a credit card?

Many businesses use all-in-one superannuation payment services like the popular AustralianSuper’s QuickSuper platform. 

QuickSuper is an online payment solution which allows employers to easily and securely manage employee superannuation payments, no matter what super fund employees belong to. 

It is free to use, SuperStream compliant and allows a business to make one single lump-sum payment for all employees. 

Sounds great, right? 

The only problem is, QuickSuper payments can only be made using electronic funds transfer (EFT) or direct debit from a nominated account. 

No credit card rewards points or interest-free days there. 

This is where pay.com.au comes in. 

We allow your business to easily make these regular payments to QuickSuper – and other similar providers – using a points-earning credit card so that you can earn rewards points and enjoy an interest free period on super payments.

Paying employee superannuation just got a whole lot more rewarding. 

How many rewards points can you earn paying employee superannuation with a credit card?

That depends on the size of your business and superannuation payments, but potentially a lot. 

Savvy businesses with the right credit card can earn up to 1.25 points per dollar paid on super via pay.com.au

Don’t have a high points earning card like that? 

If you sign up to one of our subscription packages, we can even help find you the perfect card for your business to maximise your rewards. 

If monthly employee wages for your business total $20,000 that could mean an annual superannuation bill of $24,000 and therefore a potential rewards points earn 30,000 points.

If your business has a monthly wages bill of $50,000 that could mean $57,000 of annual superannuation payments and a potential earn of 71,250 points.

With a one-way business class flight from Sydney to San Francisco on Qantas costing 108,400 points, you could be checking out the steep streets and touring the notorious Alcatraz Island in no time.

Don’t forget that by paying with a credit card you could also enjoy up to 55 days interest-free on your superannuation payments, allowing you time to manage any short-term cash flow problems and save on interest by paying down other loans.

Is pay.com.au safe to use to pay super by credit card? 

Absolutely!

Online security is our priority and our industry-leading systems were built from the ground up to be security focused. 

Our end-to-end encrypted systems are PCI Data Security Standard compliant and we make it easy to pay super through a credit card and earn rewards points.

We accept Mastercard, VISA and American Express credit cards and charge cards.

What else can you use pay.com.au to pay for?

We don’t just allow businesses to make super payments with a credit card.

We can also process payments to the Australian Tax Office (ATO), contractors, suppliers and consultants or assist in paying for equipment and capital goods.

Businesses can even use our platform to earn credit card rewards points for paying rent.

The points-earning possibilities are endless.

How our fees stack up  

We offer the lowest fees on the market for processing credit card payments for superannuation payments. You can see for yourself on our Pricing page.

If our low base rates are not enough, we also offer two cost-effective subscription services – Regular and Premium – which not only come with lower transaction rates but also give pay.com.au member’s access to personalised Points Advice and a Booking Concierge service.

From helping you earn maximum rewards points to finding elusive Business and First Class seats and jetting off wherever your heart desires, pay.com.au can assist along every step of the way to your well-deserved holiday.

How do I sign up?

It’s easy.

Just head to pay.com.au and follow the prompts to sign your business up.

You too could soon be joining our growing number of very happy customers flying at the pointy end of the plane.

Author: Chris Cavanagh