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Nedbank Small Business Credit Card: Additional Lounge Visits and Double Rewards in Dollars!

The Nedbank Small Business is a credit card for companies looking to grow with efficient purchasing management and up to 4 free visits to Bidvest Lounge!

The card can be issued with Mastercard or American Express, offering great versatility for daily use, and you can see how to apply.

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Nedbank Group, a prominent South African financial institution, provides a variety of services across the country and throughout other African nations.

The Nedbank Small Business Credit Card is designed specifically for small businesses, offering customized credit solutions, flexible revolving options, and benefits through the Greenbacks rewards program.

The focus is primarily on supporting small enterprises, including startups, SMEs, and individual entrepreneurs.

The card provides several benefits, such as a minimum monthly cashback of 5%, simplified budgeting tools, and up to 55 days of interest-free on full payments.

Additionally, the card features 24/7 digital banking services via the Money app, enabling comprehensive financial management.

It allows for the management of multiple profiles, facilitating seamless transitions between them. This makes it an effective tool for enhancing cash flow and managing working capital efficiently.

The card features built-in purchase protection for non-delivery orders and provides a 5% discount on AVIS rates.

As per the bank’s guidelines, the credit limit is customizable within the parameters suitable for small businesses. If your needs exceed this limit, Nedbank offers other business card options.

To qualify for the Nedbank card, your company must have a minimum annual turnover of R150,000. For higher turnovers exceeding R360,000, the business card may be more appropriate.

The card entails a one-time initiation fee of R266 and a monthly service fee of R57.

To apply, individuals must meet basic criteria: be at least 18 years old, hold valid citizenship, and ensure the company’s financial standing is in good order and verifiable.

Yes, the entire application process for the Nedbank card can be securely completed online.

Nedbank offers up to four complimentary visits to Bidvest lounges for cardholders who meet a minimum spend of R4,000. It also includes automatic basic travel insurance with the option to top up coverage.

Using the American Express card earns double rewards, making it convenient and rewarding for transactions.

Beyond financial services, the Nedbank card supports business interactions, such as registration on BizPortal and access to SimpyBiz, a networking platform for connecting with other businesses.

Therefore, the Nedbank card ensures streamlined financial management for your business, prioritizing security and efficiency.

Want to learn other option?

If you’re looking for another option, you can consider Capitec Bank, a credit card with an expandable limit of up to R500,000 and 1% cashback on smart payments.

The card offers benefits such as insurance coverage of up to R5 million and no currency conversion fees, and you can learn how to apply.

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