Cape

Cape offers a range of business credit card plans tailored to the needs of businesses at different stages of growth. Here are the key plans available:

• Starter plan: Ideal for entrepreneurs and small businesses, this plan provides access to corporate cards and basic expense management features, starting at $39.99 per month.
• Essentials plan: Designed for growing teams, this plan includes enhanced card controls and integrations, with pricing starting at $99.99 per month.
• Scale plan: Built for larger departments or businesses, this plan offers advanced features and higher credit limits, starting at $199.99 per month.

Cape’s corporate cards and expense management tools are designed to simplify business finances and support growth. Here are some compelling reasons to consider Cape:

• Unlimited corporate cards: Issue unlimited Mastercard corporate cards to employees, enabling flexible spending with robust controls.
• Airport lounge access: Enjoy complimentary airport lounge access worldwide.
• Competitive credit access: Access a charge card facility with limits up to $100,000 (subject to approval), offering greater flexibility than prepaid cards, with balances due by the statement date.
• No FX fees: Enjoy international spending with no foreign transaction fees or margins, making Cape ideal for businesses with global operations.
• Seamless integrations: Cape integrates with popular accounting software like Xero, QuickBooks, and MYOB, streamlining expense tracking and reconciliation.
• Innovative fintech solution: Backed by leading investors, Cape combines cutting-edge technology with a focus on reducing unnecessary business spending.

To qualify for a Cape corporate card plan, businesses must meet specific eligibility requirements. The general criteria include:

• Business registration: Your business must have a valid Australian Business Number (ABN).
• Trading history: A minimum of 12 months of trading history is required.
• Revenue: Your business must have generated at least $75,000 in revenue over the past year, verifiable through linked Xero, QuickBooks, or MYOB accounts.
• Identity verification: Applicants and any employees managing the account must provide valid identification, such as driver’s licence details.

Ensure your business meets these criteria before registering interest in a Cape plan.

Registering interest in a Cape corporate card plan is a straightforward process that begins online. Follow these general steps to apply:

1. Select a plan: Review Cape’s Starter, Essentials, Scale, or Beta plans to determine which best suits your business needs.
2. Check eligibility: Confirm that your business meets the eligibility criteria, including ABN, trading history, and revenue requirements.
3. Gather details: Prepare necessary information, including contact details (name, email, phone number), driver’s licence details for identity verification, and access to your accounting software for revenue verification.
4. Register interest: Visit Cape’s official website and complete the online registration form, providing accurate details about your business and contact information.
5. Await response: Cape will review your registration and contact you with further details or next steps for onboarding.
6. Receive access: If approved, you’ll gain access to your chosen Cape plan, including corporate cards and expense management tools.

Providing accurate and complete information during the registration process is essential to progress your application.

Here are 5 similar business credit card issuers similar to Cape:

• American Express credit cards
• BankSA credit cards
• Commonwealth Bank credit cards
• NAB credit cards
• Westpac credit cards