In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.

Cape Mastercard Interest-Free Days Business Credit Card

  • Richard Whitten's headshot
Cape Mastercard Interest-Free Days Business Credit Card
Go to site
Terms and conditions apply
Annual fee
$383.88 p.a.
Interest-free on purchases
Up to 30 days

Our verdict

Looking for a business credit card? Check out Cape's Mastercard Interest-Free Days Business Credit Card, which is a corporate charge card with no FX fees and a fast online approval process.

Cape's Mastercard Interest-Free Days Business Credit Card has a credit limit of up to $500,000. You'll need a minimum annual business revenue of $75,000 to be eligible for this card.

Pros

  • Competitive rates
  • Same day approval
  • Very minimal fees

Cons

  • As a charge card, you have to pay the balance in full each month

In this guide

  • Our verdict
  • Details
    • Product details
    • Eligibility
    • Rewards
    • Fees
  • How to apply
  • Card benefits
  • Rates & fees
  • Your reviews
  • Ask a question

This card has a 0% interest rate, as it is a charge card. You cannot carry a balance forward each month and must pay off what you spend in full.

Details

Product details

Product Name Cape Mastercard Interest-Free Days Business Credit Card
Purchase rate p.a.
Purchase rate p.a.
0%
Interest-free period
Up to 30 days on purchases
Cash advance rate p.a. 2.99%
Min credit limit $5,000
Max credit limit $500,000
Card type Mastercard

Eligibility

Available to temporary residents No

Rewards

Rewards program Mastercard Business Rewards
Bonus points N/A

Fees

Annual fee
Annual fee
$383.88
Minimum monthly repayment 100% of the closing balance outstanding
Foreign currency conversion fee
Foreign currency conversion fee
0%
Cash advance fee 2.99% or $2, whichever is greater
Overseas ATM withdrawal fee $0

How to apply

If you've compared your options and want to apply for the Cape Mastercard Interest-Free Days Business Credit Card, you can fill out an online application form within 5 minutes. You can also connect your bank statements and accounting records to Cape's platform so you can upload PDFs and for easier verification.

Before you get started, make sure you meet the following requirements and have the necessary information to complete your application.

Eligibility criteria

  • Business requirements. PTY LTD businesses only. To qualify for this card, your business must have a valid ABN/ ACN and an annual revenue of at least $75,000.

Required documents

  • Personal details. These include your name, email address, phone number, date of birth and home address.

Card benefits

  • Waived account fee for the first month. With Cape, you'll save with zero account fees for the first month or 20% off on annual billing.
  • Airline lounge access. Depending on what plan you're on, Cape cards offer free access to over 1,300 airport lounges throughout the world.

Rates & fees

  • Cash-flow period. This card has a 0% interest rate, as it is a charge card. Instead, you'll have up to 30 cash flow days to pay off purchases. This also means you cannot carry a balance forward each month and must pay off what you spend in full.
  • Plan pricing. There are 3 pricing tiers depending on your plan. Each comes with a discount in the form of either a 20% discount off the annual fee or the first month's fee waived. Outside of any promotional discounts, you'll be charged the following plan pricing:
    • Starter: $39.99/month or $479.88/year ($383.88 with a 20% discount)
    • Essentials: $99.99/month or $1,199.88/year ($959.90 with a 20% discount)
    • Scale: $199.99/month or $2,399.88/year ($1,919.90 with a 20% discount)

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Richard Finder

Editor

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Go to site