Nedbank Business Credit Card: Business Rewards and 24-hour Digital Banking with the American Express Option

The Nedbank Business Card is a great choice for medium and large businesses. It provides double-dollar rewards and doesn’t charge any interest if the full balance is paid off each month!

Moreover, the Nedbank card is equipped with either the Mastercard or American Express emblem, depending on the applicant’s eligibility, and you can find instructions on how to apply.

SEE HOW TO APPLY

Looking for additional resources?

Nedbank, a financial institution based in South Africa, provides an extensive range of services tailored for individuals and businesses.

The credit card options cater to both small businesses and more established businesses that have been operating for a minimum of 2 years.

The bank provides the option to issue cards with logos from Mastercard and American Express based on the financial circumstances of the customers.

Once you have the corporate credit card in hand, you are able to conveniently oversee all transactions using the Money app or online banking from your computer. This feature enables you to efficiently manage all financial services through the app.

Employees have the option to connect different profiles and receive personalized cards for business needs. With the MoneyTracker feature, users can conveniently send invoices and monitor the financial status of the company.

The credit limit offered by the Nedbank Business Credit Card is extremely flexible to suit the company’s specific conditions and requirements.

To be eligible for the card, you must have a minimum annual turnover of R360,000, which is approximately R30,000 per month.

The initial cost for the Nedbank Business Card comes to R472, accompanied by an annual fee of R445. The interest rates are subject to the individual client’s situation.

Companies applying must have a minimum of 2 years of operational history and evidence of growth. Moreover, they should be established as legal entities with corporate financial documentation.

Although it is feasible to establish business accounts via online channels, the process of applying for a card must be completed by contacting customer service directly.

The main goal of the Nedbank Business Credit Card is to facilitate connections between clients and other partners, including BizPortal and SimpyBiz, a networking platform designed to help clients build relationships.

Using the Business Credit Card can be highly beneficial for companies as it allows for all expenses to be consolidated into a single bill that can be paid in full without incurring any interest charges. Cardholders of the American Express card also receive double rewards in dollars.

Consequently, the card offers extensive coverage for the day-to-day activities of companies, ensuring both convenience and safety.

To achieve this, meeting all the criteria set by the bank is essential. These requirements mainly pertain to businesses having a specified level of security and financial support, making it unfeasible for newly established companies.

Interested in exploring a different choice?

If you seek a credit card tailored to your needs, consider exploring the Absa Premium, which provides personalized banking services.

Furthermore, you will be able to enjoy the amenities of Bidvest lounges and benefit from automatic travel insurance coverage of up to R3 million. Check out the application process.

SEE HOW TO APPLY