What is a business credit card?

The core function of a business credit card is to provide short term access to funds. This can help businesses make purchases while they wait for incoming or slow payments from customers. With the benefit of interest free days, businesses may also improve their cash-flow.

NAB business credit cards are business liability cards, meaning the business is responsible for the account. They have been designed to be held and used by a business entity instead of an individual.

What are the benefits of a NAB business credit card?

Business credit cards offer several practical benefits that are specifically designed to benefit business owners. You can read more about those benefits below.

Gives you control

Using a business credit card can help you separate your personal and business expenses, giving you a clear picture of business spending to make record keeping far easier.

If you have staff who have travel and entertainment expenses or who need to make purchases on behalf of the business, a business credit card will help you keep track of their spending. 

A business owner can set spending limits for each cardholder and can quickly block cards, making it easy to control how the cards are used. Detailed monthly statements per cardholder and one for your overall business card facility will help you with your account reconciliation and tax preparation.

If you want to avoid paying interest while still enjoying some cash flow benefits , consider the NAB Business Card. Your charge card will be set up to pay the closing balance in full each month, so you won’t be charged interest on your everyday business purchases.

Improve cashflow

NAB business credit cards provide short term access to funds with interest free days. This means businesses have more time to make payments without incurring interest, which helps improve cashflow.

The NAB Low Rate Business Card is best suited to maximising cashflow, with up to 55 interest-free days on business purchases (excluding cash advances).  For new and approved NAB Low Rate Business Card customers, you can also take advantage of our 0% p.a. on purchases for 12 months offer.

 

Quick and easy purchases

NAB business credit cards make business purchases for employees and business owners quick and easy, removing the hassle of having to reimburse employees who use their personal cards.

As your business grows and employees change, it’s also easy to change, remove or set up additional cardholders within your facility.

NAB business credit cards also work with all leading Digital Wallets, allowing you to easily make purchases on the go using your smartphone or wearables.  Find out more about our supported digital wallets

Earn rewards

We offer two business credit card products that earn points when you make everyday business purchases. Compared to NAB’s consumer reward credit cards, our business reward credit cards offer great points per dollar earn rates and have a higher point earning potential.

 

 

NAB Rewards Business Signature Card

  • Earn 1.25 NAB Rewards points per $1 spent on everyday business purchases (points are not capped).
  • Payments at the Australian Taxation Office earn 1.25 NAB Rewards points per $1 spent.
  • Earn double points on purchases made at selected major department and hardware stores.
  • Earn triple points with Webjet, when Travelling Overseas or on Overseas Purchases made here in Australia.
  • Redeem points at the NAB Rewards Store for gift cards, merchandise, flights, travel, technology and more.

 

 

NAB Qantas Business Signature Card

  • Get more from your business purchases and maximise your Qantas points.
  • Earn 1 Qantas point for every $1.50 spent on everyday business purchases.
  • Payments at the Australian Taxation Office earn 1 Qantas point for every $1.50 spent.
  • Points are capped at $50,000 spend per card per statement period.
  • Decide which cardholder is credited with the Qantas points.

 

Access to Visa business offers and premium benefits

All NAB business credit card customers can claim Visa Commercial Offers, opens in new window. Gain access to a comprehensive suite of benefits across a variety of business services including accounting software, marketing solutions and productivity tools that will enhance the efficiency of your business.

Visa Premium benefits, opens in new window are available to all Visa Business Signature cardholders (our business reward cards). Special travel and retail privileges, created by Visa Premium, include car rental discounts, access to hand-picked hotels, offers on airport lounges and travel programs.

View the latest offers through our small business hub.

 

All NAB business credit cards also come with these great benefits

Fraud protection

If fraud occurs and you’ve operated your account responsibly, you'll be reimbursed for the fraudulent transaction.

Online security

Visa Secure reduces online fraud by confirming your identity when making a purchase.

Digital Wallet Pay

You can now tap and pay with your smartphone and wearables.

New team members?

Add additional cardholders. Maximum 1,000 cardholders per facility.

Emergency assistance

Our lost and stolen team are here for you 24/7 if your credit card goes missing.

 

Choose the best credit card for your business. 
Explore our range of business credit cards and compare features, rates, business rewards and offers.

Important information