How do I Apply for the Nedbank Business Credit Card?

Important Information to Consider Before Applying for the Nedbank Business Credit Card

If you are interested in finding a suitable card for settling your business expenses, Nedbank Business offers a variety of choices, such as Mastercard or American Express, with the added benefit of earning double rewards in dollars.

Nedbank, a company based in South Africa, boasts a rich history of over 130 years and has a presence in various countries throughout the African continent.

Serving as a retail bank, it positions itself as one of the largest in the region, providing a variety of services including account management and credit card issuance.

The Corporate Credit Card is designed for businesses with a yearly revenue of at least R360,000. It has an initiation fee of R472 and an annual fee of R445.

After receiving the card, you have the option to oversee the funds using the Money app and online banking service, bringing together banking and personal services conveniently in one place.

You also have the option to provide the card to your employees, assigning various profiles for seamless switching. An account with Nedbank is required to access the card.

The Nedbank Business Card may display logos from Mastercard and American Express, subject to the client’s application conditions.

When it comes to determining the credit limit, it is flexibly tailored to meet the specific requirements of the company, with an individual evaluation of each scenario.

Eligibility Criteria

Nedbank clearly outlines the specific conditions for selecting clients for the credit card on their platform.

To apply, the individual needs to be at least 18 years old and properly enrolled in the nation, whether as a naturalized citizen or as a foreigner holding a valid visa.

In terms of the business, it is essential to demonstrate **an annual revenue of R360,000**. To be eligible, the company should have been operating for a minimum of 2 years and exhibit some level of growth.

Legal companies must be registered with corporate finances in order to be eligible for this particular credit card.

Discover the Process of Applying for the Nedbank Business Credit Card

On the Nedbank credit card platform, users can initiate the business application process by clicking on the ‘Call Me Back’ button.

When you ask for the button, you’ll gain access to a specialized customer service center that’s focused on grasping the company’s requirements and delivering the most suitable proposal.

The customer support line operates around the clock, every day of the week. South African residents can dial 0800 116 400, while individuals outside the country may reach out at +27 (0) 31 820 5915.

An alternative choice is to use the email address [email protected], which is actively monitored for receiving requests.

Nedbank provides a form for requesting a callback, where you will be asked to enter the following details:

List:

– Full Name

Phone number

List item: Email

Name of the Company

– Province and City

Listed below is the account number for Nedbank’s business account (if applicable).

Listed below is the category of inquiry:
– Type of request

Once the data is submitted, the customer service team at the bank will reach out to initiate the service.

To open a business account online, you can do so either via the website or the app. This streamlined process typically only requires 5 to 10 minutes of your time.

You have the option to visit a physical bank location or request a call through the app at any time.

Customers obtaining an American Express card will benefit from earning double rewards in US dollars, with both rewards consolidated in a single statement.

Additional Information

In addition to financial services, you can enjoy additional business advantages when using the Nedbank card.

You have the option to register your company online using BizPortal or in person at the branch via SwiftReg. SimplyBiz is a complimentary networking platform that allows you to connect with fellow Nedbank clients and engage in business activities.

The business owner has the option to download a manual designed for small businesses. Moreover, the services can be conveniently accessed through Avo, which is Nedbank’s sales application.

Interested in exploring a different choice?

In South Africa, there are attractive card choices available to individuals, like the Absa Premium Banking credit card, offering Absa Advantages and Rewards, with a monthly fee of R97.

Moreover, the card offers advantages like entry to Bidvest VIP lounges and special Visa promotions. Learn more about applying for it.

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