The Absa Business Credit Card gives South African businesses a line of credit for business spending, from one of the country’s major banks. It helps separate business and personal expenses and can smooth short-term cash flow.
Who it suits
It fits an established small business that banks with Absa or wants a business credit card from a major bank, to manage spend, travel and short-term working capital.
What you get
- A revolving credit facility for business spend.
- Clean separation of business and personal expenses.
- Rewards and business benefits depending on the card tier.
- The backing and network of a major South African bank.
Costs
Business credit cards carry annual or monthly fees, interest on balances carried, and eligibility criteria set by the bank. Check the current fees, interest rate and qualifying requirements before applying.
Our take
A business credit card is a useful cash-flow and expense tool when used carefully, but the interest makes it an expensive way to fund real growth. For that, compare proper funding options. If you want the full account too, see Absa Business Banking, and mind your cash flow.
Related: Cash flow · Funding options · Absa Business Banking