The Bank Australia Commercial Visa has a $59 annual fee and free additional cards for employees. It also has a 16.99% p.a. variable interest rate and offers up to 45 days interest-free on purchases when you pay the closing balance in full by the due date on each statement.
Bank Australia Commercial Visa credit card
- Purchase rate
- 16.99% p.a.
- Annual fee
- $59 p.a.
- Interest-free on purchases
- Up to 45 days
Our verdict
No longer offered
The Bank Australia Commercial Visa credit card is currently not accepting new applications. However, we’ve kept the information online for the benefit of existing customers and for those who are interested. You can also compare a range of current low rate offers on Finder.
Pros
-
Take advantage of a low variable interest rate of 16.99% p.a. on purchases and cash advances.
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Complimentary travel insurance
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Receive an access to Apple Pay, Google Pay, and Samsung Pay.
Cons
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There is an interest-free period of only up to 45 days on purchases as compared to other cards that offer up to 55 days interest-free.
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There is no incentive for spending with this card as it has no rewards program.
Details
Product details
Product Name | Bank Australia Commercial Visa Credit Card - DISCONTINUED |
Purchase rate p.a. | Purchase rate p.a. 16.99% |
Interest-free period | Up to 45 days on purchases |
Min credit limit | $1,000 |
Card type | Visa |
Eligibility
Available to temporary residents | No |
Joint application | No |
Rewards
Bonus points | N/A |
Fees
Annual fee | Annual fee $59 |
Minimum monthly repayment | 2.5% of the closing balance or $20, whichever is greater |
Foreign currency conversion fee | Foreign currency conversion fee 3% |
Cash advance fee | $3.50 |
Overseas cash advance fee | $3.50 + foreign currency conversion fee |
Overseas ATM withdrawal fee | $3.50 |
Additional cardholder fee | $0 |
How to apply
If you want to open a Bank Australia Commercial Visa credit card account, you can enquire by calling Bank Australia on 132 888, visiting a branch or sending an email via the bank's website.A Bank Australia representative will then take you through the eligibility requirements and details you'll need to provide, as they do vary depending on your business entity and circumstances. Want to know what to expect? You can check out Finder's guide to business credit cards for details of what you'll typically be asked for when you apply.
Your reviews
Amy Finder
Editor
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