Business debit cards let companies manage everyday expenses directly from available funds. Have a look at this feature-rich comparison to compare fees, controls, currency support and rewards
Key takeaways
- Business debit cards let you spend directly from your available account balance, making them cost-effective and low-risk for everyday transactions
- Some cards, like the World Card, support multi-currency payments and charge zero foreign exchange fees, which is ideal for companies with global suppliers
- Traditional bank cards (ANZ, NAB, CommBank, Westpac) have no card fees but may charge up to 3.5% on international transactions
- Cards like Airwallex and Wise offer multi-currency support but are linked to paid business accounts with no cashback
- Key features to prioritise include spend controls, automated expense tracking and real-time security features for team use
Managing business expenses becomes more complicated as transactions span employees, suppliers, subscriptions and overseas payments. The right debit card can help keep spending tied to available funds while making it easier to track expenses and manage team purchases. This guide compares nine business debit cards in Australia across card and account fees, international transaction costs, currency support, security controls and more. It also explores the World Card, a multi-currency card by WorldFirst that supports payments in multiple international currencies.
What are business debit cards?
Directly connected to your business bank account or online business account, business debit cards are a seamless way to purchase services and goods for your company’s daily operations. Compared to credit cards that allow businesses to borrow funds up to a specific limit, debit cards draw funds directly from the business’s available balance.
Debit card transaction fees are usually lower than credit card fees and there are no late payment charges to worry about. These lower costs can add up to big savings, especially for businesses with tight budgets.
Key features to look for in a business debit card
Before getting a new business debit card, there are several factors that you should consider:
Fees and charges
A card might appear at zero cost at first glance, but hidden costs can add up quickly. Always read the fine print. Pay close attention to fees for issuing new cards, international transaction fees and the monthly or annual fees associated with the business account linked to the card.
Cashback and rewards
Many top business debit cards in Australia offer cashback and rewards. Look at what kind of cashback they offer and how you can make the most of it based on how your business spends money.
Automated expense management
If you plan to give team members their own cards, choose a business debit card offering automated expense tracking and reconciliation. It saves time, improves accuracy, helps prevent fraud and gives you better control over team spending.
Spend control
You should be able to set up spending limits and controls for every business card that gets issued. Spend controls allow you to prevent overspending and ensure that employees only use the company funds for approved expenses.
Security
Look for debit cards for businesses that offer security features such as two-factor authentication and 3D Secure for online transactions. You should also be able to freeze/unfreeze cards instantly and monitor transactions in real time.
Support for international payments
The business card should support international transactions in multiple currencies and offer competitive exchange rates.
Compare corporate cards vs business debit cards
A corporate card and a business debit card can both be used for company expenses, but they are designed for slightly different purposes:
- Business debit cards draw directly from the balance in a linked business account, so businesses can spend only what is available
- Corporate cards generally put more emphasis on managing team spending, with features such as employee cards, virtual cards, spending limits, approval workflows and expense tracking
Some corporate cards are also debit cards, meaning the distinction is not always about how the card is funded. Instead, businesses should compare the underlying account, card controls, fees, currency support and expense-management features.
| Feature | Business debit card | Corporate card |
| Funding | Draws from linked account balance | Usually linked to a business account or credit facility |
| Employee cards | May be limited | Usually designed for multiple employees |
| Spend controls | May be available | Often includes detailed limits and merchant controls |
| Expense management | Basic to moderate | Often includes receipt capture and reconciliation |
| Multi-currency support | Depends on provider | Common among specialist corporate cards |
| Best suited to | Everyday business spending | Team spending and more complex expense management |
Top business debit cards in Australia
1. World Card
The World Card is a multi-currency debit card that lets you pay in 150+ currencies, wherever Mastercard is accepted. You can get up to 20 World Cards for your company and set spend limits for each card. The World Card is linked to your World Account, a multi-currency account which allows businesses to set up local currency accounts in 20+ currencies – each with a unique account number and bank code.
When you use the World Card to make payments in 15 supported currencies (such as USD, GBP, EUR, CNH), there are zero foreign exchange fees (as long as you have sufficient balances in your account in the supported currencies). For payments in all the other currencies, a competitive exchange rate applies.
Pros of the World Card include:
- Zero foreign exchange fees when spending from local account balances
- Issue 20 cards for your team members and employees
- Set spending limits for each card
- Zero charges for signing up for a World Account or receiving payments into it
- Automated account reconciliation and expense management
- Earn 1% cashback on monthly spend, always*
*Cashback promotions are subject to change at any time. *T&Cs apply
| World Card fees | |
| Card | Zero (up to 20) |
| Account linked to the card | Zero |
| International transaction fees |
|
*Fees checked in August 2027
2. ANZ Business Visa Debit Card
The ANZ Business Visa Debit Card allows Australian businesses to pay for expenses online, in-store, or overseas. It is also compatible with Apple Pay and other digital wallets.1 The card is issued in the company’s name and you’ll need an eligible ANZ business account to get it.1
Pros and cons of the ANZ Business Visa Debit Card
| Pros | Cons |
|
|
| ANZ Business Visa Debit Card fees2 | |
| Card | Zero |
| Account linked to the card | AU$0 to AU$10 per month3 |
| International transaction fees | Up to 3% |
*Fees checked in August 2027
3. NAB Business Visa Debit Card
NAB’s Business Visa Debit Card gives business owners seamless access to funds by making online and in-store transactions easy. The Visa-powered debit card has to be linked to an existing NAB business account before you can start using it for domestic and international purchases 4.
Pros and cons of the NAB Business Visa Debit Card
| Pros | Cons |
|
|
| NAB Business Visa Debit Card fees | |
| Card | Zero4 |
| Account linked to the card | AU$0 to AU$10 per month5 |
| International transaction fees | Up to 3%4 |
*Fees checked in August 2027
4. CommBank Business Visa Debit Card
Similar to NAB, CommBank also offers a Visa debit card with business bank accounts that you can use in-store and online. Digital card access is available instantly and users can make purchases online until the physical card arrives.7
Pros and cons of the CommBank Business Visa Debit Card
| Pros | Cons |
|
|
| CommBank Business Visa Debit Card fees | |
| Card | Zero7 |
| Account linked to the card | AU$0 to AU$10 per month7 |
| International transaction fees | Up to 3.5%8 |
*Fees checked in August 2027
5. Westpac Business Debit Mastercard
Westpac’s Business Debit Mastercard lets you make payments and withdraw funds from your business bank account.9 You can add additional cardholders who can use the debit card in different places at the same time.9
→ Know all about the Westpac business account the card is linked to
Pros and cons of the Westpac Business Visa Debit Card
| Pros | Cons |
|
|
| Westpac Business Mastercard Debit Card | |
| Card | Zero9 |
| Account linked to the card | AU$0 to AU$10 per month10 |
| International transaction fees | Up to 3%10 |
*Fees checked in August 2027
6. Airwallex Borderless Card
Airwallex Borderless Card is a Visa-powered multi-currency debit card that supports payments in various currencies with no foreign exchange fees in 10 supported currencies (if sufficient funds are available).13 Airwallex business account holders can get company and employee cards, each with spending controls.14
→ Here’s the complete Airwallex review including everything you want to know about the Airwallex card
Pros and cons of the Airwallex Borderless card
| Pros | Cons |
|
|
| Airwallex Borderless Card12 | |
| Card | Zero |
| Account linked to the card | AU$29 to AU$999 per month
(Zero, if you deposit at least $5K per month or hold a minimum balance of $10K) |
| International transaction fees | 0.5% for USD, HKD, CNY, AUD, EUR, GBP, CAD, SGD, CHF, NZD and JPY; 1% for all other currencies
Foreign transfer fees and currency conversion fees apply |
*Fees checked in August 2027
7. Wise Business Debit Card
Wise Business debit card is powered by Mastercard and supports over 40+ currencies.16 You can get up to three virtual multi-currency debit cards for your team at no additional cost.17 For more virtual cards, you’ll have to remove and replace the existing ones.
→ Here’s all about the Wise business account and everything you need to know about the Wise card
Pros and cons of the Wise Business card
| Pros | Cons |
|
|
| Wise Business Card16 | |
| Card | Zero |
| Account linked to the card | AU$65 one-time fee17 |
| International transaction fees |
|
*Fees checked in August 2027
8. Revolut Business Corporate Card
The Revolut Business Corporate Card is available as a physical or virtual card for business spending.18 It supports purchases in 150+ currencies and can draw from existing currency balances or convert funds when needed.18
Businesses can issue up to three physical cards per team member and up to 50 virtual cards per team member.18 Card controls can be set by spending limit, merchant category, currency, account and spending period.18 Physical cards are available at no cost for the first card per team member, while additional cards incur fees.18
→ Check out our complete Revolut Australia business account review
Pros and cons of the Revolut Business Corporate Card
| Pros | Cons | |||
|
|
| Revolut Business Corporate Card fees19 | |
| Card | Zero |
| Account linked to the card | From AU$15 per month |
| International transaction fees | 0% within the plan’s exchange allowance; 0.6% on exchanges above the allowance; 1% outside market hours |
*Fees checked in August 2027
9.OFX Corporate Card
The OFX Corporate Card is a VISA business debit card linked directly to an OFX Global Business Account.20 It supports spending in AUD and 30+ international currencies, with transactions drawing from the relevant currency balance when sufficient funds are available.20
Businesses can issue company cards for subscriptions and recurring expenses, as well as employee cards for individual spending.20 The card also supports spending controls, receipt capture, Apple Pay and Google Pay.20 OFX charges zero cross-border transaction fees when using the card, although a 1.5% FX margin applies to international card purchases when currency conversion is required.20,21
→ Take a look at the complete OFX Australia business account review
Pros and cons of the OFX Corporate Card
| Pros | Cons |
|
|
| OFX Corporate Card fees21 | |
| Card | Company cards: Zero
Physical employee cards: AU$10 each |
| Account linked to the card | Zero |
| International transaction fees | A$0 cross-border transaction fee; 1.5% FX margin on international card purchases |
*Fees checked in August 2027
Top business debit cards in Australia – Comparison
| Card | Card fee | Monthly account fee | International
transaction fees |
Multi-
currency support |
Employee/
additional cards |
Cashback/
perks |
|||
| 🌟 World Card | ✅ Zero | ✅ Zero | ✅ Zero if paying in a supported currency with sufficient funds
🔁 Up to 1.5% if conversion is required |
✅ Yes | ✅ Up to 20 cards at no cost | ✅ 1% cashback on all eligible spend* | |||
| ANZ Business Visa | ✅ Zero | AU$0–10 | Up to 3% | ❌ No | ❌ Not mentioned | ❌ None | |||
| NAB Business Visa | ✅ Zero | AU$0–10 | Up to 3% | ❌ No | ❌ Not mentioned | ✅ SaaS discounts (via Visa) | |||
| CommBank Business Visa | ✅ Zero | AU$0–10 | Up to 3.5% | ❌ No | ❌ Not mentioned | ✅ Some business discounts | |||
| Westpac Business Debit | ✅ Zero | AU$0–10 | Up to 3% | ❌ No | ⚠️ Same card used by multiple people | ❌ None | |||
| Airwallex Borderless Card | ✅ Zero | AU$29–999 | 0.5% for major foreign currencies
1% for others |
✅ Yes | ✅ Depends on pricing plan | ❌ None | |||
| Wise Business Card | ✅ Zero | AU$65 one-time | Zero if you have available funds in the same currency
Otherwise, the currency conversion fee starts at 0.65% |
✅ Yes | ✅ Yes | ❌ None | |||
| Revolut Business Corporate Card | ✅ Zero | Form AU$15 |
|
✅ Yes |
|
❌ Not specified | |||
|
✅ Zero for virtual card | Zero |
|
✅ Yes |
|
❌ Not specified |
*Fees checked in August 2027
Find the right debit card for business
Choosing the right business debit card in Australia depends on your company’s size, spending habits and international payment needs. If you frequently deal with overseas suppliers or clients, a multi-currency card with low or no foreign exchange fees could help reduce costs and simplify accounting.
Before making a decision, evaluate the total cost of ownership, including any account fees and weigh them against the benefits each card offers for your specific business use case.
FAQs
1. What should businesses consider when choosing a debit card?
Businesses can compare the card fee, linked account costs, international transaction charges, currency support and additional card options. It is also worth checking features such as spending controls, expense tracking, transaction alerts and digital wallet compatibility, particularly when multiple employees use company funds.
2. Are business debit cards suitable for international payments?
They can be, particularly for businesses that regularly pay overseas suppliers or services. Multi-currency cards may allow companies to spend directly from foreign currency balances, potentially reducing conversion costs. However, businesses should check supported currencies, foreign exchange rates and any international transaction fees.
3. Can employees have their own business debit cards?
Some business card providers allow companies to issue individual cards to employees, while others may offer only additional cardholders or some number of virtual cards. Businesses with multiple employees should check card limits, spending controls and whether each card can have separate permissions.
4. Do business debit cards offer cashback or rewards?
Some business debit cards offer cashback or other perks, but rewards vary significantly. Businesses should check eligibility requirements, spending categories, limits and promotional conditions rather than choosing a card based solely on its advertised rewards.
5. What is the difference between a debit card and a corporate card?
A business debit card generally draws money directly from an available account balance. Corporate cards can place greater emphasis on managing employee spending, with features such as individual cards, spending limits, approval workflows and expense management. Some corporate cards can also operate as debit cards.
Sources
- https://www.anz.com.au/business/accounts/transaction-accounts/business-visa-debit/
- https://www.anz.com.au/content/dam/anzcomau/documents/pdf/transaction-accounts-fees-charges.pdf?MOD=AJPERES
- https://www.anz.com.au/business/accounts/transaction-accounts/
- https://www.nab.com.au/business/business-bank-accounts/nab-business-visa-debit-card
- https://www.nab.com.au/business/business-bank-accounts
- https://www.nab.com.au/important-information/business/banking-fees-charges
- https://www.commbank.com.au/business/bank-accounts/business-visa-debit-card.html
- https://www.commbank.com.au/content/dam/commbank/business/pds/ADB2916.pdf
- https://www.westpac.com.au/business-banking/bank-accounts/debit-mastercard/
- https://www.westpac.com.au/content/dam/public/wbc/documents/pdf/bb/deposit-accts-bus-customers-tandc.pdf
- https://www.airwallex.com/au/business-account/cards
- https://www.airwallex.com/au/pricing
- https://help.airwallex.com/hc/en-gb/articles/900003301566-What-is-the-automatic-conversions-for-cards
- https://help.airwallex.com/hc/en-gb/articles/4970990380943-How-do-I-choose-between-a-Company-Card-or-Employee-Card
- https://wise.com/au/pricing/business
- https://wise.com/au/business/card
- https://wise.com/help/articles/2935762/how-do-i-order-a-wise-card
- https://www.revolut.com/en-AU/business/cards/
- https://www.revolut.com/en-AU/legal/business-basic-fees/
- https://www.ofx.com/en-au/business/corporate-cards/
- https://www.ofx.com/en-au/business/pricing/
Disclaimer: The information contained is general only and largely our views. Before acting on the information you should consider whether it is appropriate for you, in light of your objectives, financial situation or needs. Although information has been obtained from and is based upon multiple sources the author believes to be reliable, we do not guarantee its accuracy and it may be incomplete or condensed. All opinions, estimates, mentioned products/services and referenced material constitute the author’s own judgement as of the date of the briefing and are subject to change without notice. WorldFirst shall not be responsible for any losses or damages arising from your reliance of such information.
