Hume Bank - Business Visa
Commercially Secured
This credit card from Hume Bank has a $60 annual fee, and up to 55 days interest-free on purchases. It has a cash advance interest rate of 19.95% p.a. and there is a minimum credit limit of $5,000.
An annual fee of $60 and a purchase interest rate of 10.60% p.a.
Annual Fee
$60 per year refunded each year when you spend $24,000 on eligible purchases
Cash Advance Rate
19.95% p.a.
Purchase Rate
10.60% p.a.
Interest Free Period
up to 55
Details
Card Type
Visa
Minimum Repayment
3% or $10
per statement, whichever is greater
Interest Free Period
up to 55
Minimum Credit Limit
$5,000
Fees
Annual Fee
$60 per year
refunded each year when you spend $24,000 on eligible purchases
Late Payment Fee
$20
per statement
Additional Card Holder Fee
$0
Additional Card Holder Cap
up to 9
additional holders
Rates
Purchase Rate
10.60% p.a.
Cash Advance Rate
19.95% p.a.
Eligibility
Minimum Age
18
years old
Rewards
Program
Hume Loyalty Program
Types
Loyalty point
Reward Rates
Rewards Rate One
1 point(s) per AUD$1
Perks
Complimentary Travel Insurance
No
Airport Lounge Access
No
Who is the product designed for?
The product has been designed for business customers who are likely to have the following objectives, needs, financial situation and must meet the eligibility criteria for this product:
Objectives, financial situations and needs
- Want a credit card to make purchases and conduct cash withdrawals
- Want to earn cash rewards based on expenditure
Eligibility Criteria
- Standard lending criteria applies
- Customers that operate a business
Visit Hume Bank to view Target Market Determination Effective From: 2024-12-02.
