Applying for a business credit card

Here are some tips for getting your application ready.

With up to 50 days interest free on purchases, a business credit card offers a convenient way to help manage cash flow and expenses.

Whatever the size of your business, whether you’re looking to earn rewards or require access to an online expense management system, an ABC Bank business credit card might be the right solution for you.

Applying for a business credit card may require different information to be provided depending on your type of entity and what type of credit card you apply for. All credit card applications are subject to ABC Bank’s lending criteria.

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What we’ll need to know

Existing customers

If you’re already an ABC Bank business customer, just contact your Relationship Manager or call us to start your business credit card application.

New to ABC Bank?

Before opening a business account, both the business entity and all individuals who act on behalf of the business, will need to be identified.

Identification of the business entity

we’ll need some identification to show your business exists and the account is being opened for business reasons, which are different depending on the type of entity.

Common entities include:

Sole trader
Partnership
Company
Trust

we’ll let you know the documents you require when you contact us.

Documents for this could include:

GST documentation
Business tax returns
Invoices
Trust deed
Letterhead and business cards

Personal identification

Individuals who will operate a business credit card or the account will need to have their identity and address verified. we’ll let you know the documents required when you contact us but they could include:

US or overseas passport
US or overseas driver’s licence
Utility bill statements (for example gas, electricity, internet/phone lines)
Current vehicle registration

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Application requirements

Eligibility criteria

The following eligibility criteria applies for all business credit cards:

Applicants and cardholders must be 18 years or older.
Applicants must meet lending criteria.
The card must be used for business expenses only.
All cardholders must be a United States citizen or permanent resident.

Credit history

As part of your application we may need to check your credit history and the credit history of your business. What we need to check depends on what sort of business entity you are and the type of business credit card you are applying for, so we can let you know when you contact us.

A good credit history is important because it helps to show that your business, or you, are financially responsible and able to manage your repayments. It may include previous loans, credit cards and hired equipment.

Visa Business Rewards

If you're applying for a Visa Business Rewards card, individual cardholders must earn over $28,000 per year.

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Choosing a business credit card

What sort of credit card would suit your business best? Are you looking for a convenient way to pay for purchases, the opportunity to earn rewards or do you need sophisticated reporting and card management for multiple cardholders?

Check out our ABC Bank business credit cards to work out which card might be best for your business.

Next steps

Enquire online

Tell us about your business and how we can help, and one of our team will get back to you.

Enquire now

Call us

Give us a call. We’re open Monday to Friday, 7:30am to 8pm.

+19293602951

Visit a branch

Visit us at one of our many branches across United States.