- Check the latest selected Best Business Credit Cards available from the major high street banks with our easy to digest comparison table.
- To help you select the best option based on your business purchasing requirements, here you will find the latest information on Business credit card features and benefits.
Lowest Purchase Rate
Barclaycard Business Premium Plus Credit Card
£150
0.5% Cash back
0% for 6 months then 14.9%
49.4% APR
Mastercard
- you and your business is not bankrupt, or in bankruptcy proceedings.
- existing financial commitments are not overdue and have been managed well over the last 12 months.
- your business turnover or new business plan exceeds £10,000 per year.
- Your business is UK-based.
- Directors and employees are at least 18 years old.
0.99% on foreign exchange fees and VIP airport lounge access
- Save 2% on foreign exchange fees.
- Comes with a six-month interest-free on purchases period.
- Plus, you’ll get up to up to 56 days interest-free on purchases when you pay in full and on time.
- Transform your Premium Plus into a priority pass to airport lounges and get two visits for free. Additional visits cost £20 each.
- Work at our Eagle Labs for free. Terms and conditions apply.
- We’ve got you covered with business travel, purchase protection and cardholder misuse insurance.
- 0.5% cashback on all eligible spend, up to £400 per year Terms and conditions (Cashback) apply.
Annual Fee
Royal Bank of Scotland Business Credit Card
£0 if £6K spend p.a. **
Business Mastercard Savings
16.9% p.a. variable
24.3% APR
Mastercard
** The annual fee is normally £30 per business credit card issued. However, we won’t charge a fee for the first 12 months, and if you spend £6,000 or more every year from account opening we’ll waive the annual fee each year
You’ll need the personal details of all of the directors or partners of the business (including their home addresses for the last two years). You’ll also need your basic business details, including your Company’s Registration Number (provided by Companies House) if you’re a limited company. The “Ready to apply” sections on the product pages will help you to prepare.
- Flexible monthly payments. Pay a minimum of the greater of, £5 or that months interest, any default charges, 1/12th of any annual fee and 3% of the remaining balance (excluding any annual fee) or repay the full amount, and if you want to pay more than the minimum, you’re able to make additional payments.
Manage your spend better. ClearSpend is a new, convenient, free mobile application available on iOS and Android. Set up reports to help you check and analyse business spending with Smart Data Online.
Annual card fee waiver. The annual fee is normally £30 per business credit card issued. However, we won’t charge a fee for the first 12 months, and if you spend £6,000 or more every year from account opening we’ll waive the annual fee each year.
Enjoy merchant discounts with Mastercard® Business Savings. Business Savings from Mastercard is a free merchant discount programme available with the Royal Bank of Scotland Business credit card. You could earn automatic rebates on the things that help you run your business.
Restrictions apply. Participating merchants and rebate offers subject to change. Terms apply.
Lowest Representative APR
Barclaycard Business Select Cashback Credit Card
£0
1% Cash back**
21.9% p.a. variable
21.9% APR
Mastercard
** 2% cash back for the first 3 months then 1% there after. Limited time introductory offer.
You can apply if:
- You’re a business owner or director.
- Directors and employees are over 18 years old.
- Your business is UK-based.
- Your business turnover or new business plan exceeds £10,000 per year.
- You and your business aren’t bankrupt or in bankruptcy proceedings.
- Your existing financial commitments are not overdue and have been managed well over the last 12 months.
- You haven’t been declined for a Barclaycard commercial card in the last six months.
What you’ll need to hand:
- your business’ details.
- your bank details – a bank statement should have everything you need.
- financial information such as business turnover and net profit before tax.
- details of your business partners or other business owners including their date of birth, current home address and up to three years of their address history (this doesn’t apply to sole traders).
- Get a rewarding 2% cashback for the first three months
- Get £150 cashback in the first year by spending £1,000 a month
- No annual fees on your account or for using your card
- Up to 56 days’ interest-free credit when you pay in full and on time
- Optional purchase protection and cardholder misuse insurance
Last updated on 03 January 2022
We did the research for you
At the time of publish we selected the best options and we will keep updating them regularly.
The fees listed above are accurate at the time of publish. To make sure you have the best deal for your money, we review our selected fees on a regular basis so we can reflect the most accurate selections in the Banking market. Please check our Terms of use policy.
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