This Hume Business Visa credit card offers a competitive interest rate when you secure the account against a residential property. It has a $60 p.a. annual fee and offers up to 9 additional cards for employee.
Hume Business Credit Card Residentially Secured
![Hume Business Visa Residentially Secured Credit Card](https://dvh1deh6tagwk.cloudfront.net/credit-cards/images/product/hume-business-visa-sml-20-jan-2017.jpg)
- Purchase rate
- 10.1% p.a.
- Reward point per $ spent
- 1
- Annual fee
- $60 p.a.
- Interest-free on purchases
- Up to 55 days
Our verdict
Get a low interest rate of 10.1% for business purchases and additional cards for employees.
Pros
-
You can have your annual fee waived if the card spend on your account the previous year exceeds $24,000.
-
This card offers a low purchase interest rate of 10.1% p.a.
-
You can request up to 9 cardholders.
Cons
-
Charges a 2.85% foreign transaction fee
Details
Product details
Product Name | Hume Business Visa Residentially Secured Credit Card |
Purchase rate p.a. | Purchase rate p.a. 10.1% |
Interest-free period | Up to 55 days on purchases |
Cash advance rate p.a. | 19.95% |
Min credit limit | $5,000 |
Card type | Visa |
Eligibility
Available to temporary residents | No |
Joint application | No |
Rewards
Rewards program | Hume Loyalty Program |
Bonus points | N/A |
Rewards points per $ spent | 1 |
Fees
Annual fee | Annual fee $60 |
Minimum monthly repayment | 3% of the closing balance or $10, whichever is greater |
Late payment fee | $20 |
Foreign currency conversion fee | Foreign currency conversion fee 2.85% |
Number of additional cardholders | 9 |
Your reviews
![Avatar](https://www.finder.com.au/finder-au/wp-uploads/2022/07/AmyBG_Supplied_1000x1000.jpg)
Amy Finder
Editor
You are about to post a question on finder.com.au:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com.au is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.