ACB launches credit cards for business households, interest free for up to 55 days

Supplement short-term capital for peak business season

In the last months of the year, many business households increase the amount of imported goods, expand sales activities and prepare resources for the peak season. Meanwhile, expenses for goods, transportation, store management and operations software often arise before revenue recovery, creating pressure on cash flow.

To meet this need, the ACB Visa Business credit card was developed specifically for householders and business individuals. The product aims to supplement flexible credit sources, help customers be more proactive in payments, balance cash flow between the time of incurring costs and recovering revenue, especially in periods of increased working capital demand.

Customers who have a pre-approved credit limit and meet the conditions can register to open a card online on the ACB ONE application without needing additional documents to prove income. The card has an interest-free period of up to 55 days, helping cardholders proactively arrange payment times according to the business cycle.

When cash needs arise, cardholders can withdraw cash for free at ATMs or transaction counters in the ACB system; At the same time, receive preferential interest refund, maximum 500,000 VND/first statement period. These benefits contribute to expanding options for accessing short-term capital, supporting business customers to proactively handle payment needs and maintain continuous operations.

In addition, the card has a cashback program of up to 10% for transactions in the transportation, bill payment and software groups, with a maximum of 1 million VND per statement period according to program conditions. Eligible transactions can also be converted to installments from 1.74% for a three-month term, helping to spread payments over multiple installments and reduce the pressure of paying in one installment.

Peak season cash flow problem

During the peak season near Tet, grocery stores often have to increase the amount of imported goods before recovering revenue. With the granted credit limit, store owners can use the ACB Visa Business credit card to pay at card acceptance points and take advantage of the interest-free period as prescribed.

For online shops, the pressure comes from ongoing operating expenses such as shipping, sales software or packaging materials. Paying via card not only helps focus on cost management but also provides cashback benefits on eligible transactions. In addition, separating business and personal expenses through card statements helps store owners more conveniently compare and control budgets and plan capital needs for each business cycle.

ACB launched the ACB Visa Business card for corporate customers in July 2020. The addition of products for householders and business individuals expands the group of customers using the bank's payment and credit solutions.

Customers can check the pre-approved limit and register to open a card on the ACB ONE application or contact ACB branches and transaction offices for advice.

Promotions for ACB Visa Business credit card holders for business (*)

1. Refund up to 10%

Applies to transactions in the shipping, bill payment, and software groups.

Maximum: 1,000,000 VND/statement period according to program conditions.

2. Free cash withdrawal and Cash withdrawal interest refund

Refund of interest arising from cash withdrawal transactions in the first statement period, maximum 500,000 VND/customer.

3. Annual fee refund

First year: Refund for customers who open a new card and spend a minimum of 3 million VND within 30 days from the date of card opening.

Subsequent years: Refund when total spending reaches at least 100 million VND/year.

(*) Offers apply according to the terms and conditions of the program from time to time