Compare Credit Cards In South Africa
Credit Cards In South Africa

American Express Corporate Cards

A corporate credit card provides businesses with the ability to exercise better control over business-related expenses including travel and entertainment. Many large business owners find it really difficult to stay ahead or even keep up with their expenses if they use personal credit cards to use a credit line. Using a corporate credit card is the only way to avoid confusion. Such cards are issued only to corporations, non-profit organizations and government entities. The cards can be provided to employees of a corporation to keep track of their business expenses. Large financial institutions or banks are the providers of corporate credit cards.

Advantages of Corporate Credit Cards

  • They help ease the procurement of goods and services by simplifying the method of payment.
  • They separate business and personal accounts.
  • Detailed statements are issued each month.
  • Easier transfer of funds from one account to another.
  • Worldwide acceptance.
  • Accounting and auditing tasks are simplified.
  • Carrying excessive cash when travelling is avoided and reduces the risk of theft and fraud.

American Express Corporate Cards are among the corporate credit cards available in South Africa. The cards offer various solutions to enable the monitoring of company spend according to the organisation’s own expense policy. The card also simplifies payment processes by combining all business expenditure onto the American Express Card programme which in turn drive efficiencies and cost savings into the business.

American Express Corporate Cards provide card members access to airport lounges. AmEx’s automatic insurance cover also offers emergency and medical assistance around the world. There is an optional top-up cover that provides comprehensive insurance for inconvenience and loss of personal possessions and travel baggage.

American Express Corporate Cards Annual service Fees

CORPORATE GOLD CARD CORPORATE GREEN CARD CORPORATE PURCHASING CARD BUSINESS TRAVEL ACCOUNT (BTA)
Primary Card R595.00 R320.00 R320.00 R450.00
2-25 Cards R470.00 per card R240.00 per card R240.00 per card R300.00 per card
26-99 Cards R470.00 per card R180.00 per card R180.00 per card R150 per card
100+ cards R410.00 per card R180.00 per card R180.00 per card R150 per card
Linked Personal Travel Card R150.00 R150.00 N/A N/A
Debit Interest Rate 15.50% 15.50% 15.50% 15.50%
Membership Rewards R169.00 169.00 N/A N/A
Ceded Membership Rewards R280.00 R280.00 N/A N/A

American Express Corporate Cards Transaction Fees

TRANSACTION TYPE FEES
PURCHASES
Credit card purchases Free
VALUE-ADDED SERVICES
Transactional SMS notification Free
DEPOSITS
Cash (over the counter and at Nedbank ATM) R3.50 + R1.15/R100.00 or part thereof (min. R17.50)
Cheque (over the counter and at Nedbank ATM) R13.50
CASH WITHDRAWALS
Over the counter at Nedbank branch R23.00 + R1.10/R100.00 or part thereof
Nedbank ATM and SSD R3.50 + R1.10/R100.00 or part thereof
Another bank’s ATM R5.50+R3.50+R1.10/R100 or part thereof
International ATM R23.25+R3.50+R1.10/R100.00 or part thereof
BALANCE ENQUIRIES
Nedbank ATM and SSD R1.20
Another bank’s ATM R3.60
Over the counter R2.20
NetBank (internet) Free
STATEMENT ENQUIRIES
Nedbank ATM R3.60 (first free per month)
Nedbank SST R3.60 (first free per month)
Emailed/Posted statement Free
TRANSFER AND PAYMENTS
Interaccount transfer R3.65
Electronic payment R3.65
Branch interaccount transfer R13.00
NOTIFICATIONS
Internet payment – SMS R0.65
Internet payment – email R0.50
Internet payment – fax R2.90
OTHER FEES AND CHARGES
Dishonoured payment R125.00
Tracing Up to R377.00
Incorrectly disputed transaction (local or international) R150.00
International currency conversion – American Express R1.7%
Card replacement Free
Face-to-face Card delivery Free
Same-day Card delivery R375.00
Special clearance of cheque deposit in branch R65.00
Monthly user internet subscription R15.00
Monthly business internet banking subscription Free

Be sure to compare corporate credit cards offered by other South African banks with American Express Corporate Cards to find out what other options are available to you.

Disclaimer

Please note that the rates for American Express Corporate Cards quoted above are current from printing and to be used as a guideline only. These rates are subject to change. Please note that Terms and Conditions apply. Contact American Express directly for additional information and to verify fees and charges.

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