Picking the right corporate card can transform how you manage your business finances.
If you have used ANZ previously, the smallest of Australia's big 4 banks, you will know that they have historically struggled to deliver comprehensive business banking services which had been further exacerbated with the exit of their merchant terminal business recently.
For many business owners, the big banks simply hold onto their funds without offering substantial support and otherwise refuse to provide them with access to a working capital solution such as a Business Credit Card. Despite their access to vast amounts of data on the customer, ANZ fails to provide the deep insights and cashflow products that businesses need to succeed.
In stark contrast, Cape is designed to deliver real value. Built from the ground up with a focus on data and streamlining our customers working capital, Cape offers real-time spend controls and insights on purchasing behavior, empowering businesses with the information they need to thrive. Our solution goes beyond just providing a business credit card; we offer tools and insights that drive success.
ANZ, the smallest of the Big 4 Australian banks, has always focused on its retail customers. But when it comes to online and mobile banking for businesses, there's a lot left to be desired. It's like a trip back in time to the early days of the internet. ANZ’s business services are essentially the same as what they offer to retail customers.
On the other hand, Cape is specifically designed to be a smart, user-friendly, and cost-effective corporate card solution. From instant approvals to top-notch support and higher card limits, Cape is the standout choice for today’s businesses. Make the switch to Cape and see the difference for yourself.
 |  | |
|---|---|---|
5x Credit Limits |  $500k limits |  $100k max credit limit. |
Instant approvals | | 4-6 week application process. |
Free FX | | No. It’s 3% and a non-competitive conversion rate. |
Annual card fee | | $100 to $300 initial annual fee. |
No hidden fees | | Pay an additional $12 for a $1,000 credit limit, $18 for a $2,000 limit or $22 for a maximum $3,000 credit limit per month. $40 per cardholder. |
Seamless employee onboarding | | Every director to provide personal tax return, personal statement of position & carry out personal credit check. |
Seamlessly add employees to your account | | Download, fill out, sign & send a form via email to request to add every new employee. |
Instantly change the credit limit allowance an employee can access | | No. Download, fill out, sign & send a form via email every time you need to make a credit limit change for employees balance. |
Merchant categorisation controls | | |
Receipt scanning and management | | |
Cape is designed to be a smart, user-friendly, and cost-effective corporate card solution. From instant approvals to top-notch support and higher card limits, Cape is the standout choice for today’s businesses. Make the switch to Cape and see the difference for yourself.
Issue unlimited physical cards with the most widely accepted network in Mastercard. Cape provides a free, global card program with 5x higher limits than ANZ, 0% FX Fee spending, along with incredible rewards. Upgrade to a smarter corporate card today.
Prevent overspending with Cape's advanced card controls. Block spending at merchant categories such as hospitality venues and ATM withdrawals. Whilst ensure precise control over every employee's spending with individual limits that can be created in seconds for optimal financial management.
Admins and employees can see how much has been spent and what’s been purchased in real time — on everything from transfers to card swipes — with our recently updated search feature. Ensure complete transparency and control over your corporate expenses.
Absolutely! Cape’s dedicated onboarding team will get your teams set up in no time. With extensive knowledge of other systems and seamless configuration capabilities, we make migrating your existing solution to Cape a breeze.
Need a little extra assistance? Cape offers 24/7 support to answer any questions you have, with dedicated phone and chat support for admins and bookkeepers.
Cape is designed to help businesses streamline their spend management. With corporate cards, expense management, travel, and spend controls all in one place, it simplifies compliance with policies and spend limits for your employees and gives your finance team more control over spending.
Here's how Cape stands out compared to ANZ and other competitors:
Cape lets you establish pre-approved spend limits and policies for booking and managing travel and events. Employees simply log into their account, book flights and accommodations within the assigned budget and policy.
When employees reach their travel destination, they can use their Cape card to expense taxis, dinners, or any other approved expenses within the travel policy with the added benefit of no FX fees. It’s a fully integrated corporate travel booking system — a key reason why finance teams prefer Cape over other options.
Seeking an alternative to ANZ that offers greater visibility over spend? Cape is your solution. With live spending on Cape, you can easily group and delegate spend across your organization using spending limits.
This provides top-down control to view and manage spending, offering a live comparison of actuals vs budgets. Plus, it empowers employees to spend smarter with built-in policies and controls that automate expenses and enhance compliance.
