As a business owner, you are always looking for ways to maximize efficiency and minimize costs. The BankSA Amplify Business Credit Card could be the solution you’ve been searching for. It gives earning potential, complimentary insurance, and simplified tax reporting, this card is designed to help you manage your business expenses with ease.
In this article, we will explore the benefits of the BankSA Amplify Business Card and guide you through the application process.
Why Should I Get a BankSA Amplify Business Credit Card?
The BankSA Amplify Business Card offers a range of features that can help streamline your business operations and reward your spending. Here are some key reasons to consider this card:
Earn Amplify Points on Eligible Purchases
Earn 1 Amplify Point per $1 spent on eligible purchases, with no points cap. You can redeem your points for gift cards, travel, shopping, and more.
Complimentary Insurances
The BankSA Amplify Business Card comes with complimentary insurances, including Transit Accident Insurance and Unauthorised Transaction Insurance, providing valuable protection for your business.
Simplified Tax Reporting
Export your expenses directly into MYOB and BAS or download them as an Excel file to make analyzing your business transactions a breeze.
Flexibility with Additional Cards
Enjoy the flexibility of a personal liability credit card with up to 3 additional cardholders, allowing you to manage employee spending with ease.
Pros and Cons of BankSA Amplify Business Credit Card
| Pros | Cons |
|---|---|
| Earn 1 Amplify Point per $1 spent on eligible purchases | $89 annual fee ($0 for the first year) |
| Complimentary insurances | 3% overseas transaction fee |
| Simplified tax reporting | Points cannot be directly transferred to airline frequent flyer programs |
| Flexibility with additional cards | – |
| Special offer: $0 annual fee for the first year | – |
Fees and Interest Associated with BankSA Amplify Business Card
| Fee | Amount |
|---|---|
| Annual fee | $89 p.a. ($0 for the first year) |
| Balance transfer fee | 2% of the transferred amount |
| Overseas transaction fee | 3% of the converted amount |
| Cash advance fee | 3% of the cash advance amount or $3.75, whichever is greater |
| Late payment fee | $15 |
| Over-limit fee | $15 |
The card has a variable purchase rate of 19.49% p.a. and offers 0% p.a. on balance transfers for 12 months (2% balance transfer fee applies).
How to Apply for a BankSA Amplify Business Credit Card?
To apply for the BankSA Amplify Business Card, follow these steps:
- Visit the BankSA website and navigate to the Amplify Business Credit Card page.
- Click on the “Apply Now” button.
- Fill out the online application form with your business and financial information.
- Submit the application and wait for a decision.
Eligibility Criteria
To be eligible for the BankSA Amplify Business Card, your business must:
- Be registered in Australia
- Meet BankSA’s normal lending criteria
- Have an ABN or ACN
The Final Words
The BankSA Amplify Business Credit Card offers a compelling combination of rewards, insurance, and flexibility for business owners. It gives special offer of a $0 annual fee for the first year. It is an excellent choice for businesses looking to maximize their spending power. Apply today and start earning rewards on your business expenses.