Payment Amount with Tiered Pricing Rate
Eligible business expenses (defined by Amex) will continue to get the low rate of 1.25% (incl. GST) when paid using an Amex consumer card (Centurion incl.). These expenses include:
- Water
- Rent
- Phone and Internet
- Energy
- Health insurance
- Real estate fees
- Council rates
- Child care and
- School fees
All other business expenses including the ATO can be made from the App with the new business rates being applied when paid using either a Amex consumer, business or corporate card.
| Individual Payment Amount | Rate % (+GST) |
|---|---|
| $0-$99,999 | 2.19% (1.99% + GST) |
| $100,000-$299,999 | 2.15% (1.95% + GST) |
| $300,000-$499,999 | 2.09% (1.90% + GST) |
| $500,000-$999,999 | 2.04% (1.85% + GST) |
| +$1,000,000 | 1.93% (1.75% + GST) |
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