Company credit card

Enjoy convenience, security and control with our Company Credit Card. You will have the best tools to easily manage and track your company spending and improve cash flow.

What you get
Company platinum credit cards for all selected staff

Joining fee waived

Up to 50 days’ interest-free credit on full payment

Accepted in 33 million outlets across 150 countries

Free monthly eStatements

Free direct debit set up

Rewards and discounts at our alliance partners

Free transactions
What you need to know
A business or corporate account with Absa required

A 100% cash security in form of a fixed deposit for the total limits to be assigned on all cards

Minimum repayment amount of 100% per month

Interest rate of 3% on outstanding payments on billed account

Over-limit fee of 6%

Late payment fee of 10%, minimum UGX10,000

Forex mark-up of 4% on international transactions
What to bring to the branch
A formal letter stating details for all the nominated cardholders and the approved credit limit for each cardholder

A board resolution specifying the nominated cardholders and limits to assign

Identification document (passport/national ID/driver’s license) for nominated cardholders

Valid work permit for foreign nationals

Company financial card copy