Nedbank Small Business Credit Card: Mastercard or American Express Options with up to 4 Visits to the Bidvest Lounge per Year

The Nedbank Small Business Credit Card is designed for small enterprises, providing tailored credit options, convenient revolving features, and access to the Greenbacks rewards program.

The card is available with either the Mastercard or American Express brand, depending on the specified conditions, and you can check out the application process.

SEE HOW TO APPLY

Who is Eligible to Apply?

Nedbank Group is a financial and business company based in South Africa, providing a variety of services not only within the country but also in other nations across the continent.

Nedbank places a strong emphasis on catering to small businesses, offering the Small Business Credit Card designed for startups, small and medium enterprises, and individual entrepreneurs.

The card provides benefits in three different categories:

List:

Guaranteed monthly cashback of 5%

Simplified Budget Management

Enjoy the benefit of full payment with a grace period of up to 55 days with no interest charges.

The card provides round-the-clock digital banking service, enabling you to efficiently handle your finances using the Money app.

By doing so, it simplifies financial management by connecting various profiles for seamless switching between them, effectively enhancing cash flow and working capital.

As per the bank’s guidelines, the credit limit is adjustable but remains within the scope of small businesses. If needed, other Nedbank business cards would be required for higher limits.

To be eligible for the Nedbank card, the business needs to demonstrate a yearly revenue of at least R150,000. If the turnover exceeds R360,000, it could be beneficial to explore the Business Card option.

The card includes a single initiation fee of R266 and a monthly service fee of R57.

In order to request the card, individuals must fulfill the fundamental criteria of being a citizen who is at least 18 years old and ensuring that the company is in good standing and can be verified.

Absolutely, the complete application procedure for the Nedbank card is achievable online in a safe and secure manner.

The card comes with built-in purchase protection for items that are not delivered and a 5% discount on AVIS rates.

Nedbank provides its cardholders with the benefit of enjoying up to four complimentary visits to Bidvest lounges upon making a minimum expenditure of R4,000. Additionally, cardholders are entitled to automatic basic travel insurance with the possibility of topping it up.

When utilizing the American Express card, you have the opportunity to double your rewards, enabling you to effortlessly earn as you make your transactions.

The Nedbank card not only provides financial services but also facilitates business interactions, including registration on BizPortal and access to SimpyBiz, a networking platform for connecting with other businesses.

Experience seamless financial administration for your business with the reliable and effective Nedbank card.

Interested in exploring a different choice?

Are you in search of a high-performing credit card tailored for individuals? Consider checking out Capitec Bank, known for offering a credit limit of up to R500,000.

The credit card provides a 1% cashback benefit for smart payments, and you can find out how to apply.

SEE HOW TO APPLY