The Nedbank business credit card provides South African businesses with a revolving line of credit for business spending, from one of the country’s major banks. It supports expense management, business purchasing and short-term cash-flow needs.
Who it suits
It fits an established business that banks with Nedbank, or wants a major-bank business card to manage spend and keep business and personal expenses separate.
What you get
- A revolving credit facility for business purchases.
- Expense separation and statements for cleaner accounting.
- Rewards and benefits depending on the card.
- The backing of a major South African bank.
Costs
Expect card fees, interest on carried balances, and Nedbank’s eligibility criteria. Confirm the current fees, interest rate and requirements before applying.
Our take
A business credit card is handy for cash-flow timing and expense control, but interest makes it a costly way to fund growth. For growth capital, compare our funding options, and keep a firm handle on cash flow so the card works for you, not against you.
Related: Cash flow · Funding options · Business banking