Cards for every business
Quick and convenient card solutions
The quick and convenient solution for everyday business and travel expenses, a Commonwealth Bank card helps you control costs by channelling purchases through a single account. You and your employees will no longer have to carry petty cash and cheques. And our electronic reporting and account management tools can simplify expense management, saving you both time and money.
Which card is right for your business?
Use our card selector tool to find the right card for you.
Users
Business Needs
Purchasing Tool Short-Term Cash Flow
For Business Owners (Maximum of two cards)
Business Credit Card Interest free days option PAGE 3
Business Credit Card Low rate option PAGE 3
For Employees (Unlimited cards)
Corporate Charge Card PAGE 5
Corporate Credit Card PAGE 4
Important information Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions are included in the Card Offer. Bank fees and Government charges may apply. Terms and conditions issued by Commonwealth Bank of Australia ABN 48 123 123 124 for Business and Corporate Credit Cards are available on request. For current interest rates visit www.commbank.com.au/cardsforbusiness
For Corporate Travel Administrator
Travel Management Account PAGE 6
Business Credit Card
Instant cash flow in your pocket
At a glance
Put instant cash flow in your pocket, with a convenient and cost-effective card that streamlines everyday business purchases. Small business owners looking to separate business and personal expenses.
Who does it suit?
Highlights
• Choose either a low rate card, with no annual fee, or an interest free days card, with up to 55 days interest free on purchases. • Keep track of your business expenses in a single account statement — and say goodbye to petty cash receipts. • Monitor your card and make payments online 24 hours a day with NetBank or CommBiz.
Maximum number of cards Interest free days on purchases Maximum limit Annual fee
2 cards. • Low rate card: Nil. • Interest-free days card: up to 55 days.
• Unsecured: $50,000. • Secured: $100,000. • Low rate card, unsecured: Nil. • Low rate card, secured: $40 per card. • Interest-free days, unsecured: $60 per card.
Corporate Card
Take control of your business expenses
A flexible and scalable payment solution
Corporate Credit Card
Corporate Charge Card Manage business expenses and procurement with a flexible and scalable payment solution.
At a glance
Take control of business expenses with a flexible corporate credit card that does away with cheques and petty cash. Small to medium enterprises that need multiple cards for their employees, with the convenience of extended payment terms. • Choose to pay in full each month, or simply pay the agreed minimum. • Manage expenses electronically — and save time and money on manual tracking and processing. • Control costs by setting customised controls for different cardholders, including transaction limits and daily and monthly spending limits. • Customise the card design to reflect your corporate identity (fee applies).
Who does it suit?
Medium to large enterprises looking for a business expense, travel and procurement solution that offers flexibility and control. • Remove manual processing, with the outstanding balance of your facility automatically debited each month from a nominated account. • Reduce processing costs with electronic reporting and management. • Control costs by setting customised controls for different cardholders, including transaction limits and daily and monthly spending limits. • Customise the card design to reflect your corporate identity (fee applies). Unlimited cards. Up to 31 days.
Highlights
Maximum number of cards Interest free days on purchases Maximum limit Annual fee
Unlimited cards. Nil.
• No maximum account limit. • Customised limits for individual cardholders. From $24 to $40 per card.
• No maximum account limit. • Customised limits for individual cardholders. From $24 to $40 per card.
Travel Management Account
At a glance
Streamline business travel expenses, with a single, easy-to-manage account and unlimited users. Large enterprises and institutions with significant travel expenses. • Centralise travel expenses in a single account, lodged with your chosen travel management company. • Control expenses and enforce your corporate travel policy. • Remove manual processing, with the outstanding balance of your facility automatically debited each month from a nominated account. • Simplify reconciliation with electronic reporting tailored to your business systems.
Who does it suit? Highlights
Why choose a Commonwealth Bank card?
Carry the card that’s accepted around the world Choose a card to suit your business Streamline accounts payable
As part of the MasterCard network, Commonwealth Bank business cards are accepted at over 32 million merchants around the world. Whether you’re a sole trader or a multinational corporation, we have a card to suit your business. It costs time and money to process and reconcile payments manually. A Commonwealth Bank card helps you streamline accounts payable by reducing manual processing. Depending on the card you choose, you can: • Use CommBiz to track expenses and make payments online, 24 hours a day. • Control expenses by setting tailored limits for different card-holders. • Receive enhanced electronic reports, customised for your business systems.
Maximum number of users Interest free days on purchases Maximum limit Annual fee
Unlimited users. Up to 31 days.
• No maximum account limit. • Customised limits for individual cardholders. $40 per account.
Protect your business
Our cardholders are automatically covered by: • Transit accident insurance up to $250,000. • Unauthorised use insurance up to $150,000 pa.
Chip technology for added security
All Commonwealth Bank cards contain a microchip to provide your business with additional protection against fraud. The chip contains security data and software that ensures every transaction you make is extensively authenticated. It does this by generating a unique transaction ID, which changes every time you use your card at a chip card terminal. Your microchip credit card still provides all the same benefits of a magnetic stripe card with modern protection against credit card fraud.
Other cash flow solutions for your business
Business Overdraft Business Cheque Account Premium Business Cheque Account Business Online Saver
When unexpected costs arise, an overdraft can help you find the funds you need, and manage your changing cash flow requirements through the year. The cheque account designed especially for business owners. Choose between an interest-bearing account and a non-interest bearing option with a fee rebate. A premium, interest-bearing cheque account with 40 free transactions a month. An easy-to-manage savings account with a high interest rate for balances of $10,000 or more. The perfect place for excess cash flow.
Find out more
• Contact your Commonwealth Bank Relationship Manager. • Call 13 19 98 — 24 hours a day, 365 days a year. • Or visit www.commbank.com.au/cardsforbusiness.