Business Credit Card FAQ

What are the benefits of a Bendigo Business Credit Card?

The Bendigo Business Credit Card provides you with a revolving line of credit similar to an overdraft. However, the Bendigo Business Credit card offers you the following additional benefits:-

• Up to 44 days free credit on purchases
• A competitive interest rate
• Global access
• Card personalised with the names of the business & individual

It also provides a powerful financial management tool by identifying and tracking all business expenses.

How does the Bendigo Business Credit Card provide me with a financial management tool?

The Bendigo Business Credit Card provides you with a consolidated monthly statement itemising all business expenses. In addition, you will be provided with an addendum for each card, that details the card expenses of each individual cardholder. These business expense summaries will make tracking your business expenses easier and could reduce paperwork and administrative time.

How much does the Bendigo Business Credit Card cost?

The Bendigo Business Credit card has a competitive interest rate and a monthly fee of $4.00 per card. If you pay your statement balance in full, you will not incur any interest charges and there are no line fees or application fees. Making business payments with a Bendigo Business Credit Card can help you avoid charges like the Government's debits tax (may not apply in all states or territories) on cheque accounts.

What is the minimum monthly payment on the Bendigo Business Credit Card?

The minimum monthly payment on the Bendigo Business Credit Card is 3% of the statement closing balance or $10, whichever is greater.

Does the Bendigo Business Credit card have a Rewards Program?

No, the Bendigo Business Credit card does not have an associated Rewards Program.

Can my transactions be uploaded into an accounting package?

All transactions that are itemised on your statement can be uploaded into accounting packages such as MYOB or Quicken using Bendigo e-banking.

What is a Cash Advance?

When you make either an ATM withdrawal, over the counter withdrawal or transfer at a Bendigo Bank Branch, Pay Anyone transaction, Phone or Internet banking transfer or a Balance transfer transaction.

Contact us to learn more.