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Call 13 1998

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Business cards comparison table

Our Business cards comparison table is the easiest way to compare our business card products and find the best card for your business. It provides an overview of all our business cards, and who they’re best suited to, from sole traders, right through to large corporations. Plus, for all cards with a personal liability option, you can easily apply online and be able to use your card in as little as 10 working days (based on credit approval). To compare only our personal liability business credit cards, please refer to our Personal liability business cards comparison table.

Business Cards comparison table

	Business Awards credit cards	Business Interest-Free Days credit card	Business Low Rate credit card	Corporate credit card	Corporate charge card	Procurement Management Account
	More info	More info	More info	More info	More info	More info

Overview
Suitable for	Small businesses, including sole traders and partnerships	Small to medium businesses	Small to medium businesses	Any organisation including small or medium businesses and corporates	Any organisation including large corporates and government entities	Large organisations
Description	Two Awards cards linked to one account that rewards you for your business spending. Choice of three card tiers: Awards Gold Platinum	A credit card solution that allows your business to maximise its cash flow with no interest incurred if the monthly balance is paid in full	A credit card solution with a low, competitive interest rate and no annual fee providing a great source of working capital for your business	A multi card facility that helps you take control of employee purchases and expenses	A multi card facility designed to help manage significant business and procurement expenses	A virtual card account lodged with your frequent high volume supplier to manage procurement expenditure
Maximum credit limit	$50,000 unsecured	$50,000 unsecured $100,000 secured (Business liability only)	$50,000 unsecured $100,000 secured (Business liability only)	No maximum	No maximum	No maximum
Maximum cards	Up to two cardholders across the two Awards cards	Up to two cardholders	Up to two cardholders	Unlimited	Unlimited	n/a
Card type	MasterCard^® and American Express^®	MasterCard^®	MasterCard^®	MasterCard^®	MasterCard^®	MasterCard^®
Liability options	Personal	Personal or Business	Personal or Business	Business	Business	Business
Rates & fees
Interest rate	View current rates	View current rates	View current rates	View current rates	View current rates	n/a
Annual fee	Business Awards: $100 Business Gold Awards: $150 Business Platinum Awards: $300	$60	$0	1-49 cards: $40 per card 50-499 cards: $32 per card 500+ cards: $24 per card	1-49 cards: $40 per card 50-499 cards: $32 per card 500+ cards: $24 per card	$120 per account
Additional cardholder fee	$75	$60	Nil	n/a	n/a	n/a
Interest-free days on purchases	Up to 55 days	Up to 55 days	None	None	Up to 31 days	Up to 31 days
Minimum monthly repayment amount	2% or $25 (whichever is greater)	2.5% or $75 (whichever is greater)	2.5% or $75 (whichever is greater)	2.5% or $75(whichever is greater)	Full balance	Full balance
Commonwealth Awards points earned¹	Business Awards: up to 1.5 points per $1 spent Business Gold Awards: up to 2 points per $1 spent Business Platinum Awards: up to 3 points per $1 spent	n/a	n/a	n/a	n/a	n/a
Balance transfer option	5.99%p.a. for 5 months	n/a	n/a	n/a	n/a	n/a
Features & benefits
Worldwide acceptance	√	√	√	√	√	n/a
24/7 customer service	√	√	√	√	√	√
Transit accident insurance	√	√	√	√	√	√
Custom limits per card	n/a	n/a	n/a	√	√	n/a
Custom design	×	×	×	√	√	n/a
Rewarding Business	√	√	√	√	√	n/a
International Travel Insurance²	√ for Business Gold and Platinum Awards only	×	×	×	×	×
Shopping Insurances²	√ for Business Gold and Platinum Awards only	×	×	×	×	×
Your Concierge 24/7	√ for Business Platinum Awards only	×	×	×	×	×
Premium Privileges	√ for Business Platinum Awards only	√	×	×	×	×
MasterCard Moments™	√ for Business Gold and Platinum Awards only	×	×	×	×	×
MasterCard PayPass™	√	×	×	×	×	×
American Express Selects	√	×	×	×	×	×
Globaleshop by American Express	√	×	×	×	×	×
Card security features (including chip)	√	√	√	√	√	n/a
Online banking
NetBank	√	√	√	×	×	×
CommBiz	√	√	√	√	√	×
1 Commonwealth Awards points are earned on eligible transactions (most purchases, but not cash advances or balance transfers) and are subject to points capping – for details please refer to the Commonwealth Awards Program Terms and Conditions and Important Information. 2 Conditions apply. Refer to your Credit Card Complimentary Insurance and Guaranteed Pricing Cover brochure.
Important information As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances. Terms and Conditions for NetBank and CommBiz should be considered before making any decisions about these products. For further details on Transit Accident Insurance, please view the Certificate of Transit Accident Insurance (PDF). Please view our Financial Services Guide (PDF 59kb).

Did you Know?

MasterCard® PayPass™ lets you tap into more sales by helping you to serve customers faster.

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