Learn How to Apply for a Nedbank Business Credit Card

See the step-by-step guide for companies looking to apply for a corporate card with Nedbank Group and receive rewards.

What do I need to know before applying for a Nebank Business Credit Card?

The Nedbank corporate card consolidates expenses to earn rewards. Photo by Freepik.

The Nedbank Business Card is a corporate credit card designed to streamline business expenses and enhance financial management. With customizable spending limits and close consultation with bank advisors, the card provides a tailored approach to meet the unique needs of businesses.

It offers the dual issuance of Mastercard and American Express cards on a single statement, allowing flexibility in payment methods. The card comes with a range of benefits, including interest-free payments if the outstanding balance is settled monthly, rewards in dollars for American Express transactions, and access to various networking platforms.

Nedbank Business Card aims to centralize company expenses on a single card, allowing businesses to accumulate benefits and maintain better financial control. If you want to know more about the application, keep reading.

Who can Apply for the Nedbank Business Credit Card?

The Business Card, as the name suggests, is designed for businesses, primarily aimed at assisting companies in consolidating commercial expenses on a single card while earning rewards. It’s important to note that acquiring a corporate credit card involves a contractual process, unlike a simpler application for personal cards.

Therefore, authorized representatives must provide proof of South African identity and legal status in the country, in addition to being at least 18 years old. Regarding the company, a minimum annual turnover of R360,000 is required, and all documentation must be in order for the procurement of a financial service like the corporate credit card.

Moreover, Nedbank does not impose significant restrictions on business types or industries, offering a wide range of services that are accessible to various businesses.

How do I Apply for the Nedbank Business Credit Card?

CREDIT CARD

Nedbank Business

Internet banking services Dollar rewards Access to MoneyTracker Multiple linked profiles with easy switching

Mastercard and American Express cards with rewards in dollars!

I WANT TO APPLY

* Você será redirecionado para o site externo

The application process for the Nedbank Business Card differs from personal credit card applications. First, on the Nedbank website, there is a “Call Me Back” icon for initiating the application process. When making the request, Nedbank provides an application form that requires the following information:

  • Full name
  • Contact phone number
  • Email
  • Company name
  • City and province
  • Type of request (new product, service query, etc.)
  • Field for additional information

It’s essential to note that this form is centralized for various business inquiries. Nedbank extends the business card to both account holders and non-account holders. Existing clients can apply directly through Internet Banking by selecting the “View your banker” icon and scheduling a meeting with a dedicated consultant.

Moreover, Nedbank offers various communication channels for clients, including the 24/7 phone line 0800 116 400 (for those within South Africa) and +27 (0) 31 820 5915 (for international inquiries). Emails to [email protected], as well as dedicated channels like [email protected] and [email protected], are also accepted.

Following the application, the company will receive contact from Nedbank, coordinating based on mutual availability to proceed with the corporate card contract. This is precisely because it is a business-to-business negotiation that requires different conditions for each type of industry, needs, and billing.

Want to learn about another option?

The credit card is aimed at businesses with a turnover starting at R360,000. Therefore, for small businesses, it will be necessary to apply for another card. In this regard, Nedbank itself offers its Small Business Credit Card, designed for companies with a minimum annual turnover starting from R150,000, and you can learn more about the product.

Gabriel Gonçalves
Written by

Gabriel Gonçalves

Loading, please wait…