Asia Commercial Bank (ACB) has launched a new Visa Business credit card tailored specifically for individual business owners and sole proprietors. The product is designed to provide a flexible source of credit, helping customers manage cash flow gaps that often occur during peak business seasons when expenses for inventory, transport, and administrative software precede incoming revenue. For many businesses, particularly those preparing for the high season before Tet, the Vietnamese New Year, the need to stock up on inventory and expand sales activities creates significant pressure on working capital.
The card features a 55-day interest-free window, allowing business owners to better align their payment schedules with their specific operational cycles. Eligible customers with pre-approved credit limits can apply for the card directly through the ACB ONE app without the need to submit additional income documentation. Alternatively, interested parties can visit an ACB branch or transaction office for personal consultation. The new ACB Visa Business credit card offers a range of financial tools to assist in maintaining business operations.
Operational Advantages and Cashback Incentives
To support daily business management, the card provides several financial benefits, including:
- Cashback of up to 10% on transactions related to shipping, billing, and software, capped at 1 million VND per billing cycle.
- Fee-free cash withdrawals at ACB system ATMs and counters.
- A preferential interest refund of up to 500,000 VND per billing cycle.
- The ability to convert eligible transactions into installment plans, with rates starting at 1.74% for a three-month term.
Separating Finances Aids Budget Planning and Cost Control
The introduction of this card serves to simplify the separation of personal and business finances, which aids in budget planning and capital requirement forecasting. By using the card for operational expenses such as packaging materials and software, business owners can maintain better control over costs while utilizing the interest-free period. This launch expands the bank’s reach in the business sector, building upon the initial introduction of the ACB Visa Business Card for corporate clients that took place in July 2020.
Intuit Business Credit Card Provides Unified Cash Flow Solutions
For instance, the Intuit Business credit card has similarly sought to provide a unified solution for cash flow and credit. Die Intuit Business-Kreditkarte bietet Unternehmen etwas, das sie noch nie zuvor hatten: eine einzige, vernetzte Lösung für Ausgaben, Cashflow und Kredit, die darauf ausgelegt ist, wie ihr Geschäft tatsächlich funktioniert,
said David Hahn, EVP and General Manager, Services Group at Intuit. Unlike platforms focused solely on expense tracking, these modern credit solutions prioritize repayment flexibility and native synchronization. For QuickBooks users, that integration allows receipts to be automatically matched to transactions, providing transparency into financial health.
