Business Credit Cards

Business credit cards are available to businesses of any size. A business credit card, or company credit card, can be used for business spending, or to build a credit profile or manage employees' expenses.

What Are The Benefits Of A Business Credit Card?

The benefits of having a company credit card include:

1. Keeping your own finances separate from your business'.

2. They're accepted in most places.

3. They help you control cash flow, having a business credit card will enable you to spend money even when you're waiting for incoming funds.

4. It can reduce admin time processing your employees expenses.

Who is eligible to appy?

If you run a small business, you may be eligible to apply. Some cards are only available to businesses with a minimum or maximum annual turnover and others will require you to have two years' accounts to show.

You're a sole trader.

You're setting up a new business.

You make purchases for a larger company you work for.

Can a start-up get a business credit card?

The checks to get a company credit card can be stringent for all businesses. If you're a new company without much credit history, you could be declined. If you’re application is accepted, it's likely you'll get a high interest rate or low credit limit, until you can build up your credit rating.

Charges For A Business Credit Card

Some business credit cards charge annual fees, these are often around £30 for the year. You may find offers where your first year will be free, and some providers don't charge annual fees at all. When you're looking for the best business card for your company, you'll also need to bear interest charges in mind.

Best 7 Business Credit Card Providers

Metro Bank Business Credit Card.

Clydesdale Bank Business Credit Card.

Santander Business Credit Card.

Royal Bank of Scotland Business Credit Card.

Capital On Tap Business Credit Card.

HSBC Business Credit Card.

American Express Business Credit Card.