Maximize your points by paying contractors with your Amex Card
By RewardPay
3 min read
Maximize your points by paying contractors with your Amex Card
Earn Amex Membership Rewards Points
The potential for earning points is substantial. With the right Amex credit card, you could earn up to 2 points per dollar spent on contractor payments through RewardPay. For example, if you pay $80,000 in contractor fees over a year, you could earn 160,000 points. That’s enough for a round-trip Business Class flight from Auckland to Sydney with points to spare.
What if the contractor doesn’t accept credit card payments?
This is where RewardPay comes in. Even if your contractors only accept direct deposits, our payments platform allows you to use your Amex credit card and collect all the associated rewards points. Here’s how it works:
You make the payment to RewardPay using your Amex card.
We then pay the contractor on your behalf.
You earn thousands of credit card reward points in the process.
It’s that simple. The timing between your credit card payment through RewardPay and receipt by the payee is typically 1-2 days, ensuring prompt payment to your contractors.
Manage short-term cash flow
By using RewardPay, you can benefit from up to 55 days interest-free on your credit card, helping you manage cash flow between paying contractors and receiving payment for completed jobs.
Other business expenses
Our platform isn’t limited to contractor payments. You can use RewardPay for a wide range of B2B payments, including:
IRD payments
Business equipment purchases
Rent payments
Most other suppliers who normally only accept bank payments
Is it worth it for your business?
When deciding whether to use RewardPay for your business payments, such as contractor fees, 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 contractor expenses, the rewards earned can far outweigh the fees, making it a smart financial decision.
Antonio of Giro Construction explains how he pays his tradies through RewardPay to maximise his cash flow and points.
It’s easy. Head to rewardpay.co.nz 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, RewardPay helps you do business better while maximizing your rewards.
By using RewardPay, you can pay your tradies or contractors in a smarter way and earn the business class or first class rewards you deserve for your hard work and long hours. Join thousands of business owners who are turning their contractor expenses into business class travel experiences.
Start paying your tradies and contractors with RewardPay
Cash flow is the lifeblood of any business. Without positive cash flow, you can't pay your suppliers, cover day-to-day expenses, or invest in growth opportunities.
Get smarter about managing your business expenses by paying your rent with your American Express credit card. Rent is a significant recurring expense, so why not leverage it to earn rewards points and improve your cash flow?
Signing up is free, takes around 5 minutes, and there are no setup fees or ongoing obligations. Click here to register. You will need your active NZBN, email address, and mobile number. When creating your password, make sure it is unique to RewardPay and stored somewhere safe. Once registered, check your email to verify your email address, then log in and complete a one-time identity verification. Once verified, your account is ready to start making payments and earning rewards.
RewardPay NZ offers three subscription tiers: Free ($0/month), Silver ($85/month) and Gold ($165/month). Amex transaction rates vary by tier, starting from 2.10% on Gold. Bank payments start from 1.99% across all tiers. Processing fees are a deductible business expense. See our full pricing breakdown at rewardpay.co.nz/pricing.
RewardPay supports payments to any New Zealand business with an active NZBN – including suppliers, the IRD, KiwiSaver, rent, contractors, marketing, utilities, equipment, accounting and tax pooling. Payroll payments are also supported via Pay-by-Bank. Some restrictions apply – see the RewardPay Terms and Conditions for details.
Still have questions? Chat with us.