Best credit cards for small businesses in new zealand

As a small business in New Zealand, it's essential to have a credit card that meets your specific needs and provides rewards, benefits, and competitive interest rates. Here are some of the best credit cards for small businesses in New Zealand:

  1. ANZ Business Cash Visa Card:
    • 0% p.a. interest rate for 12 months on purchases and cash advances
    • 1.25% cashback on eligible purchases
    • No annual fee for the first year, then $60
  2. Westpac Business Credit Card:
    • 0% p.a. interest rate for 12 months on purchases and cash advances
    • 1% cashback on eligible purchases
    • No annual fee for the first year, then $60
  3. ASB Business Cash Visa Card:
    • 0% p.a. interest rate for 12 months on purchases and cash advances
    • 1.25% cashback on eligible purchases
    • No annual fee for the first year, then $60
  4. BNZ Business Visa Card:
    • 0% p.a. interest rate for 12 months on purchases and cash advances
    • 1% cashback on eligible purchases
    • No annual fee for the first year, then $60
  5. Kiwibank Business Visa Card:
    • 0% p.a. interest rate for 12 months on purchases and cash advances
    • 1% cashback on eligible purchases
    • No annual fee for the first year, then $30
  6. Co-operative Bank Business Visa Card:
    • 0% p.a. interest rate for 12 months on purchases and cash advances
    • 1% cashback on eligible purchases
    • No annual fee for the first year, then $30

When choosing a credit card for your small business, consider the following factors:

  1. Interest rate: Look for a card with a competitive interest rate, especially if you plan to carry a balance.
  2. Fees: Check for annual fees, late payment fees, and foreign transaction fees.
  3. Rewards: Consider a card that offers rewards in the form of cashback, points, or travel miles.
  4. Credit limit: Ensure the credit limit is sufficient for your business needs.
  5. Features: Some cards offer additional features, such as purchase protection, travel insurance, or employee cards.
  6. Customer service: Choose a card issuer with a reputation for good customer service and support.

Remember to always read the terms and conditions before applying for a credit card, and consider your business's specific needs and financial situation before making a decision.