Top business credit cards in Australia

The best credit cards for business provide a good value proposition with reasonable rates and fees. The best cards for business also have features like interest-free days and probably come linked to Qantas Frequent Flyer or Velocity frequent Flyer points scheme.

The best credit card for your business is the one with the features and costs that best suit your business cash flow. The best business credit cards in Australia provide support for the way you do business.

You might need a credit card with a low rate, low fees and plenty of interest-free days. Or your business might benefit from a credit card with a zero-interest balance transfer deal. Other business credit cards offer rewards points, travel insurance and can be linked to QFF and Velocity.

This article contains some of the top credit cards now available for small and medium business owners and operators in Australia and are available now on InfoChoice.

The ANZ Bank Business Low Rate Visa credit card has a purchase interest rate of 12.99 per cent pa, no interest-free days and a cash advance rate of 14.49 per cent pa. The annual fee is $100, waived if you spend more than $20,000 on the card during the year. This card comes with Apple Pay and Google Pay.

The NAB Low Rate Business Visa credit card has a purchase interest rate of 13.25 per cent pa, up to 44 days interest-free and an annual of $55 (waived for first year). This card also offers a zero per cent rate for balances transferred for the first 12 months.

The ANZ Business Rewards Options Visa credit card has a purchase interest rate of 20.24 per cent pa, up to 40 days interest-free and a cash advance rate of 21.74 per cent pa. This card earns one ANZ Business Rewards Options point per $1 spent and these points can be redeemed for QFF or Velocity points.

NAB’s Qantas Business Signature Visa credit card has a purchase interest rate of 18.50 per cent pa with up to 44 days interest-free and a cash advance rate of 21.74 per cent pa. This card earns 1 QFF point for every $1.50 spent in eligible business purchases with complimentary insurances including travel insurance.

Westpac’s BusinessChoice Everyday Mastercard credit card has a purchase interest rate of 14.25 per cent pa, up to 45 days interest-free and an annual fee of $75 which is waived if you spend $15,000 or more on the card in the previous 12 months.

There are plenty of other credit cards for business listed on InfoChoice with fees, rates and features that may appeal to you and your business. Compare these business credit cards with other credit cards for small and medium sized business at InfoChoice.

Read more about working capital for small business and the top small business loans now available on InfoChoice.

The products compared in this article are chosen from a range of offers available to us and are not representative of all the products available in the market and influenced by a range of factors including interest rates, product costs and commercial and sponsorship arrangements

InfoChoice compares financial products from 145 banks, credit unions and other financial institutions in Australia. InfoChoice does not compare every product in the market. Some institutions may have a commercial partnership with InfoChoice. Rates are provided by partners and taken from financial institutions websites. We believe all information to be accurate on the date published. InfoChoice strives to update and keep information as accurate as possible.

The information contained on this web site is general in nature and does not take into account your personal situation. Do not interpret the listing order as an endorsement or recommendation from us.  You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser. If you or someone you know is in financial stress, contact the National Debt Helpline on 1800 007 007.

Advertisement