How Much Is APEC Business Travel Card?

By Michael Ferguson

The APEC Business Travel Card (ABTC) is one of the most sought after cards in the business world today. It is a single card that allows business travelers to travel between participating economies in the Asia-Pacific region with ease and efficiency. The card not only helps to facilitate quick and easy travel between economies, but also offers a range of other benefits such as reduced visa processing time, simplified border clearance procedures, and preferential access to meeting venues.

The ABTC is issued by participating economies and can be used for multiple trips during its validity period of three years. The cardholder must meet certain eligibility criteria in order to be approved for an ABTC which includes being employed by a company or government agency in an APEC economy. The cardholder must also be travelling for business purposes.

The cost of obtaining an ABTC varies depending on the participating economy issuing it. Generally, the cost ranges from US$50-US$100 for individual applicants and US$100-US$200 for corporate applicants. This fee includes an application fee, issuance fee, renewal fee and any other applicable fees.

In addition to the initial cost of acquiring an ABTC, there are also certain other costs associated with having one such as annual renewal fees which may vary depending on the issuing economy. For example, in Thailand, there is an annual renewal fee of THB 1,000 (approx. USD 32).

In conclusion, obtaining an APEC Business Travel Card is well worth it if you plan on traveling regularly between APEC economies as it provides numerous benefits that make business travel easier and more efficient. As far as cost goes, it typically ranges from US$50-US$200 depending on the issuing economy and there may be additional costs associated with having one such as annual renewal fees.