Business Visa Credit Card

 General Lending Rates

• Lending Rate Type: Cash Advance
• Interest Rate: 6.96%, Comparison Rate 0.00%
• Repayment Type: Principal And Interest
• Loan Purpose:

• Lending Rate Type: Purchase
• Interest Rate: 6.96%, Comparison Rate 0.00%
• Repayment Type: Principal And Interest
• Loan Purpose:

 Product Features

• Card Access

• Additional Cards

• Unlimited Txns

• Balance Transfers

• Interest Free

• Digital Banking

• Notifications Additional Information: Receive notification from bank of your nominated transactions (e.g. low account balance warning; credits over $500)

• Fraud Protection

• Guarantor

• Relationship Management

 Product Eligibility

• Business Additional Information: Businesses only

• Min Age - 18.

• Residency Status - Australian Residents Only.

• Other Additional Information: Must be identifiable in terms of legislative requirements. Lending criteria apply.

 Bank Fees and Charges

• Information Fee (Event), Amount: 20.00. Additional Information: $20.00 plus $1.00 per page copied. Payable when we provide information or copies to you or a third party that relates to a Security, dealing document, or any record relating to your Contract or loan account (other than information you are entitled to obtain free of charge under the National Credit Code (where applicable)).

• Information Fee - Per Page (Event), Amount: 1.00. Additional Information: Payable when we provide information or copies to you or a third party that relates to a Security, dealing document, or any record relating to your Contract or loan account (other than information you are entitled to obtain free of charge under the National Credit Code (where applicable)).

• Bank Transfer Fee (Transaction), Amount: 8.00. Additional Information: When any amount is debited or credited to a bank account in our name as a result of which it is necessary for us to debit or credit monies to your loan

• Bulk Coin Purchase Fee - In Branch (Transaction), Amount: Not Listed.. Additional Information: 2.00% of value (minimum $2.00)

• Bulk Coin Purchase Fee - External (Transaction), Amount: 8.00. Additional Information: $8.00 per bag

• Foreign Currency Deposit Fee (Deposit), Amount: 5.00.

• Foreign Currency Conversion Fee (Transaction), Amount: Not Listed.. Additional Information: 3.00% of the value of the transaction in AUD debited to your account when you make a transaction in a foreign currency or in AUD when you are outside of Australia; or in Australia where the merchant or financial institution that processes the transaction is located outside of Australia

• Replacement Card Fee (Event), Amount: 7.00. Additional Information: For each replacement card issued in Australia. Payable for each replacement card issued within the expiry period, if a replacement card has been previously requested in the preceding 12 months.

• Replacement Card Fee (Event), Amount: 100.00. Additional Information: For any replacement card issued overseas. Payable for each replacement card issued within the expiry period, if a replacement card has been previously requested in the preceding 12 months

• Sms Alert Fee (Transaction), Amount: 0.20. Additional Information: Charged for each SMS alert that is sent to you notifying you of account balances and/or other nominated transactions.

• Easypay Notification Fee - Letter (Event), Amount: 8.00.

• Eft Transaction Fee (rtgs) (Withdrawal), Amount: 20.00. Additional Information: Transfer funds on the same day to an account at another financial institution

• Telegraphic Transfer - Foreign Currency (outgoing International Payment) (Transaction), Amount: 30.00. Additional Information: When transferring in a foreign currency. Fee is inclusive of $20.00 payable to the product issuer, Convera Australia Pty Ltd.

• Telegraphic Transfer - Australian Currency (outgoing International Payment) (Transaction), Amount: 50.00. Additional Information: When transferring in AUD. Fee is inclusive of $40.00 payable to the product issuer, Convera Australia Pty Ltd.

• Establishment Fee (Upfront), Amount: 300.00. Additional Information: Payable when you ask us to establish a Credit Limit or when you request an increase in the Credit Limit. *Excludes Valuation and Solicitor Costs. Valuation fees are required to be paid upfront.

• Administration Fee (Event), Amount: 350.00. Additional Information: Payable when we consent to any subdivision, lease, discharge, partial discharge, change of name, release of Security provider, changing a policy of lenders mortgage insurance, creation of subsequent Security Interest or any dealing in relation to a Security.

• Default Notice Fee (Event), Amount: 50.00. Additional Information: Payable when we send you a notice informing you of a default under your contract.

• Discharge Administration Fee (Exit), Amount: 300.00. Additional Information: Where secured by Land Title: Payable immediately before you pay out the Contract where there is a Security registered at any Land Titles Registration Office. Where secured by Goods Security Agreement: Payable immediately before you pay out the Contract and your Credit Facility is closed.

• Guarantee Fee (Upfront), Amount: 200.00. Additional Information: Payable for each guarantee provided.

• Law Stationers Fee (Variable), Amount: 0.00. Additional Information: Fee amount will be variable, calculated if and when applicable. Payable for costs and disbursements we pay to our Law Stationers for providing information on a security or acting for us in connection with the Contract or a Security.

• Legal Fee (Variable), Amount: 0.00. Additional Information: Fee amount will be variable, calculated if and when applicable. Payable for any costs and disbursements we have to pay to a Solicitor or conveyancer for acting for us in relation to the Contract, Settlement, a Security, Court Application or Discharge.

• Mercantile Agents Fee (Variable), Amount: 0.00. Additional Information: Fee amount will be variable, calculated if and when applicable. The amount payable when you are in default and we send a mercantile agent to discuss this with you.

• Registration Fee (Variable), Amount: 0.00. Additional Information: Fee amount will be variable, calculated if and when applicable. Payable for costs we have to pay to a government body to register any documents in relation to a security.

• Title Insurance Premium (Variable), Amount: 0.00. Additional Information: Fee amount will be variable, calculated if and when applicable. Payable for the amount we are charged by our insurer for any title and loan protection insurance policy that we require.

• Valuation Fee (Variable), Amount: 0.00. Additional Information: Fee amount will be variable, calculated if and when applicable. Payable when we request a valuation of an existing or proposed Security Property

• Annual Fee (Periodic), Amount: 49.00. Additional Information: Charged to your account on the last day of the month in which the primary card is activated and thereafter annually on anniversary date.

• Cash Advance Fee - Domestic (Withdrawal), Amount: Not Listed.. Additional Information: If your account has a negative balance you will be charged 2.00% of the cash advance amount. The minimum fee is $1.50, the maximum fee is $20.00. If your account has a positive balance $0.00. Cash advance fees will be calculated from date of transaction and charged on the last day of the statement period.

• Cash Advance Fee - International (Withdrawal), Amount: Not Listed.. Additional Information: If your account has a negative balance you will be charged 2.00% of the cash advance amount. The minimum fee is $4.00, the maximum fee is $20.00. If your account has a positive balance $0.00. Cash advance fees will be calculated from date of transaction and charged on the last day of the statement period.

• Disputed Transaction Fee (Event), Amount: 10.00. Additional Information: Payable per item and charged when a copy of a disputed transaction is requested.

• Missed Payment Fee (Event), Amount: 20.00. Additional Information: Charged on the last day of the second consecutive statement period, in which the minimum repayment is not made and thereafter on the last day of each statement period that the minimum repayment is not made by the due date.

• Production Default Fee (Event), Amount: 20.00. Additional Information: Fee amount will be variable, calculated if and when applicable. Payable when you default under your Contract by failing to provide us with any document we reasonably require by the date advised.

• Production Fee (Event), Amount: 0.00. Additional Information: Fee amount will be variable, calculated if and when applicable. Payable for amounts that must be paid to the holder of a prior Security Interest in a Security Property for producing any document in relation to that Security Property.

• Stamp Duty (Variable), Amount: 0.00. Additional Information: Fee amount will be variable, calculated if and when applicable. Payable when a liability arises to pay duty to the relevant government body in relation to the Contract, a Security, or any other dutiable document.

• Card Fee (Periodic), Amount: 20.00. Additional Information: Payable per card provided and charged to your account on the last day of the month in which each card is created and thereafter annually on card creation anniversary date.

• Easypay Notification Fee - Sms (Event), Amount: 0.20.

 Limitations & Restrictions (Constraints)

• Max Limit of 100000.00

• Min Limit of 1000.00

 Document Downloads

  businessvisacreditcard-feesandchargesform.pdf (269.7 KB)