Is it difficult to be approved for a business credit card as a sole trader, and how can I improve my chances?

Updated 28 Jun 2021

To be successfully approved for a business credit card, you need to have a good credit rating. Once a year you should request a free report from one of the Australian credit bureaux (Equifax, Experian, and illion) to make sure everything is in order and there are no mistakes on file. A healthy credit history means the bank will be more willing to provide a higher credit limit, a low rate and better financial options.

As seen on

Media - The Sydney Morning Herald
Media - Yahoo Finance
Media - News.com.au
Media - Daily Mail Australia
Media - Australian Fintech
Media - Dynamic Business