The Finance Algorithm
Newcastle Permanent

Business Plus Credit Card

A business credit card designed to help separate company and business expenses, manage spending, and simplify bookkeeping.

Credit cardsBank updated 25 Aug 2026
At a glance
Purchase rate
11.99%
Cash advance
11.99%
Interest-free days
44
Annual fee
$55
Foreign transaction fee
3.00%
Balance transfer
11.99%
§ 01 — Rates · 3
TypeApplies toTermBandRateComparisonConditions
Balance transferP&I11.99%
Cash advanceP&I11.99%
PurchaseP&I11.99%
§ 02 — Fees · 21
FeeTypeAmountWhenNotes
Cash Advance FeeCash advance2.00% of transactionApplies to cash advances performed using the card via ATM, at a branch or other financial institution, or by internet banking. Minimum of $2.50.
Dishonour Fees (Direct debit or payment)Dishonour$9A payment may be dishonoured for various reasons, including insufficient funds being available in the credit card account at the agreed time the debit is to occur, the request being incorrectly compl…
Disputed Transaction FeeEvent$10Payable upon enquiry
Overlimit FeeEvent$25Payable for each statement period in which there is an overlimit
Late Payment FeeLate payment$5Payable for each statement period that the minimum payment amount is not processed to your credit card account
Annual FeePeriodic$55Every 1 yrPayable per card, annually in advance on the anniversary date the card account is opened
Foreign Currency Conversion FeePurchase3.00% of transactionApplies when a card is used to perform a transaction overseas or where a merchant processes the payment overseas.
Credit Card Replacement Fee OverseasReplacement$100Applies for each replacement card you or an additional cardholder requests overseas
Credit Card Replacement Fee within AustraliaReplacement$20Applies for each replacement card you or an additional cardholder requests within Australia
Legal and Documentation Fee 5Replacement$100Replacement of documents due to original documentation being lost or amendments to original documents required
Replacement Statement FeeReplacement$10Payable on reissue of a statement
Registration FeeUpfrontVaries
Settlement FeeUpfront$300
Valuation FeeUpfrontVaries
Legal and Documentation Fee 1Variation$250New or increased facility and substitution of security not requiring Authority to Set Off Deposits and/or Guarantee
Legal and Documentation Fee 10Variation$100Unsecured Business plus Credit Card not requiring Guarantee
Legal and Documentation Fee 2Variation$350New or increased facility and substitution of security plus Authority to Set Off Deposits and or Guarantee
Legal and Documentation Fee 3VariationVariesNew facility where the file contains: Trusts; Commercial Security; Company Mortgage; PPSR; Any other specialised security
Legal and Documentation Fee 4Variation$250Partial Release or Discharge of Security
Legal and Documentation Fee 7Variation$100Additional Authority to Set Off Deposits and/or Guarantee
Legal and Documentation Fee 8Variation$150Consent and Execution of Leases, Plans of Subdivision etc.
§ 03 — Features
Digital bankingUnlimited transactionsBalance transfersRelationship manager44 interest-free daysApple PayGoogle Pay
§ 04 — Eligibility & limits
  • · Minimum age 16
  • · Residency: Available to permanent Australian Residents
  • · Available to businesses
  • · Amount $500 to $50,000
  • · Subject to credit approval

Published by Newcastle Permanent Building Society under the Consumer Data Right, last changed by them on 25 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.