The Top Business Credit Cards in the UK

As a small business owner, finding the right credit card can be a difficult task. With so many options available, it can be hard to know which one will best serve your needs. Fortunately, the UK has a variety of business credit cards that offer rewards, cashback, and other benefits to help you manage your expenses. Whether you are looking for a low-interest rate, cashback rewards, or travel benefits, we’ve compiled a list of the best business credit cards in the UK to help make your decision easier. We’ve considered factors such as annual fees, rewards, interest rates, and customer service to bring you the most comprehensive list possible.

1. American Express Gold Business Card

The American Express Gold Business card is one of the best business credit cards available in the UK. This card offers a fantastic rewards program where cardholders can earn points for every pound they spend. Additionally, this card offers a number of other benefits such as purchase protection, travel insurance and access to airport lounges among others. The annual fee for the American Express Gold Business card is £125.

2. Barclaycard Business Credit Card

Barclaycard Business credit card is an excellent choice for business owners looking for a credit card with a low annual fee. This card offers 0% interest for the first 3 months, which is quite useful for businesses that require a small amount of credit to finance their operations. Additionally, this card also offers a rewards program whereby cardholders can earn cashback on purchases. The annual fee for the Barclaycard Business credit card is only £32.

3. NatWest Business Credit Card

NatWest Business credit card is another great option for business owners looking for a credit card with an excellent rewards program. Cardholders can earn up to 1% cashback on purchases, which can be used to offset future expenses. Additionally, this card offers purchase protection on eligible purchases and 0% interest on balance transfers. The annual fee for the NatWest Business credit card is £30.

4. Lloyds Bank Business Credit Card

The Lloyds Bank Business Credit card is a popular choice for business owners looking for a credit card with a low annual fee and a range of benefits. This card offers a rewards program, whereby cardholders can earn points for every pound they spend. Additionally, this card offers purchase protection, travel insurance and airport lounge access. The annual fee for the Lloyds Bank Business credit card is only £32.

5. Royal Bank of Scotland Business Credit Card

The Royal Bank of Scotland Business credit card is another great option for business owners looking for a credit card with a low annual fee and a range of benefits. This card offers a rewards program, whereby cardholders can earn cashback on purchases. Additionally, this card offers purchase protection on eligible purchases, travel insurance and airport lounge access. The annual fee for the Royal Bank of Scotland Business credit card is £32.

6. HSBC Business Credit Card

HSBC Business credit card is an excellent choice for business owners looking for a credit card with a low annual fee and a range of benefits. This card offers a rewards program, whereby cardholders can earn points for every pound they spend. Additionally, this card offers purchase protection on eligible purchases. The annual fee for the HSBC Business credit card is only £32.

7. Santander Business Credit Card

The Santander Business credit card is another great option for business owners looking for a credit card with a range of benefits. This card offers a rewards program, whereby cardholders can earn cashback on purchases. Additionally, this card offers purchase protection on eligible purchases, travel insurance and airport lounge access. The annual fee for the Santander Business credit card is £30.

8. Capital on Tap Business Credit Card

Capital on Tap Business credit card is an excellent choice for startups and small businesses that require a small amount of credit to finance their operations. This card offers a rewards program, whereby cardholders can earn cashback on purchases. Additionally, this card offers purchase protection on eligible purchases. The annual fee for the Capital on Tap Business credit card is only £99.

9. Amazon Business Credit Card

The Amazon Business credit card is an excellent choice for businesses that frequently purchase items on the Amazon platform. This card offers a rewards program, whereby cardholders can earn cashback on purchases made on Amazon. Additionally, this card offers purchase protection on eligible purchases and travel accident insurance. The annual fee for the Amazon Business credit card is only £50.

10. TSB Business Credit Card

The TSB Business credit card is another great option for business owners looking for a credit card with a low annual fee and a range of benefits. This card offers a rewards program, whereby cardholders can earn cashback on purchases. Additionally, this card offers purchase protection on eligible purchases and travel accident insurance. The annual fee for the TSB Business credit card is only £20.

Top 10 Business Credit Cards in the UK

As the business landscape is continuously evolving, businesses are looking for ways to expand and grow to stay ahead of the competition. One way to do this is by using the right business credit card. Luckily, the UK is home to a wide variety of business credit cards, making it easy for businesses to find the best fit for their needs. Here are the top ten business credit cards in the UK:

1. American Express Business Gold Card

The American Express Business Gold Card is a great option for businesses that have regular expenses as it actively rewards business spending. Businesses can earn Membership Rewards for every £1 they spend on the card, which can be redeemed for flights, hotels, and other travel-related expenses.

2. Barclaycard Business

Barclaycard Business is designed to meet the needs of small businesses and offers perks that cannot be found with any other cards in the market. With no annual fee, businesses can enjoy up to 56 days of interest-free credit and a 0% interest rate on balance transfers within the first six months.

3. Capital On Tap Business Credit Card

The Capital On Tap Business Credit Card is tailored for small business owners, with a credit limit range of £2,500 to £250,000. The card is known for its quick application process and the perks that come with it. It has a 34.9% APR representative variable rate, making it accessible to those with lower credit scores.

4. HSBC Premier World Business Credit Card

HSBC Premier World Business Credit Card is designed for small to medium-sized enterprises. It offers a range of perks, from its 0% interest rate for the first 12 months to complimentary airport lounge access. Businesses can also earn reward points, which can be redeemed for travel and entertainment expenses.

5. Lloyds Bank Business Credit Card

Lloyds Bank Business Credit Card is another great option for small business owners. It has no annual fee and offers a range of perks, including 0% interest on purchases for up to 20 months. Businesses can also earn cash-back rewards on purchases, with up to 0.5% on eligible expenses.

6. Metro Bank Business Credit Card

Metro Bank Business Credit Card is a great option for businesses that are just starting up. It has a £5000 credit limit and offers perks like cash-back rewards on purchases, as well as discounts on accountancy software and stationery.

7. NatWest Business Credit Card

NatWest Business Credit Card offers a £250,000 credit limit that can be customized to meet the needs of businesses. It offers a 56-day interest-free credit limit and 0% interest on balance transfers for the first 12 months. Businesses can also earn rewards points for every £1 they spend.

8. Royal Bank of Scotland Business Credit Card

Royal Bank of Scotland Business Credit Card offers a range of perks, from its complimentary airport lounge access to the ability to earn reward points for every £1 spent. Businesses can also benefit from its 0% interest rate on purchases and balance transfers for the first six months.

9. Santander Business Credit Card

Santander Business Credit Card offers businesses up to 56 days of interest-free credit and a 0% interest rate on balance transfers for the first six months. It also offers tailored credit limits based on the business’s needs. Businesses can earn cash-back or retail vouchers for eligible expenses.

10. TSB Business Credit Card

TSB Business Credit Card is an affordable option for small businesses, offering interest rates as low as 14.9%. It comes with no annual fee and offers perks such as interest-free purchases for the first three months. Businesses can also earn Avios, which can be redeemed for travel, hotels, and other expenses.

In conclusion, choosing the right business credit card is essential for maximising business expenses and growth. The UK offers a wide variety of business credit cards with various perks, so find the best credit card for your business and start growing today.

5 Best Business Credit Cards in the UK

Business credit cards are essential to keep track of expenses and manage cash flow. Nevertheless, several card options are available, and it can be daunting to pick the best one. Here are the top five business credit cards available in the UK:

1. American Express Gold Business Card

The American Express Gold Business Card is designed explicitly for small companies, offering perks like travel insurance, access to airport lounges, and refunds on foreign transaction fees. Besides, you earn Membership Rewards with every purchase made on the card, which you can redeem for rewards, merchandise, or to pay off the card balance. The card offers a sign-up bonus of 20,000 Membership Rewards points when you spend £3,000 in the first three months.

2. HSBC Visa Business Credit Card

The HSBC Visa Business Credit Card is ideal for start-ups or businesses looking for a manageable credit limit. With its 56-day interest-free period and no annual fee, you have ample time to make repayments. The card also offers cash withdrawals, which can help in making payments easier and more comfortable. Additionally, you earn 1 point for every £5 spent with the card, redeemable as shopping vouchers or cashback.

3. TSB Business Credit Card

The TSB Business Credit Card is a great option for small business owners looking for a credit card with a low-interest rate. With a 0% balance transfer rate for 28 months, you can transfer any outstanding credit card balance and save money on interest charges. The card has no annual fee, and for every £1 spent, you earn 1 cashback point, which can be redeemed for cash or other rewards.

4. Santander Business Credit Card

The Santander Business Credit Card is ideal for businesses with high expenses or those that travel extensively. You receive an unlimited cashback of 1.5% on every purchase you make with the card, making it a great option for those looking to earn rewards. The card also offers complimentary travel insurance, giving business owners peace of mind when travelling overseas. The card has an annual fee of £30, but it is waived for the first year.

5. Barclaycard Business Credit Card

The Barclaycard Business Credit Card comes with a variety of perks for small business owners, including a 0% interest rate on purchases for the first six months. After that period, the APR is 24.78%. Additionally, you earn 0.5% cashback on every purchase you make with the card, which is automatically credited to your account every month. The card also offers travel insurance, and there are no annual fees.

Card Interest-Free Period Cashback or Rewards Annual Fee
American Express Gold Business Card N/A Membership Rewards £125
HSBC Visa Business Credit Card 56 days Points Redeemable as Cashback or Shopping Vouchers N/A
TSB Business Credit Card 0% for 28 months on Balance Transfers Cashback Points that Redeemable as Cash or Other Rewards N/A
Santander Business Credit Card N/A 1.5% Unlimited Cashback on Every Purchase £30 for Subsequent Years, No Fee for the First Year
Barclaycard Business Credit Card 0% for 6 months on Purchases 0.5% Cashback on Every Purchase N/A

Overall, selecting the best business credit card depends on the needs and budget of your small business. Comparing features such as interest rates, rewards, and annual fees can be helpful in making the appropriate decision.

Looking for recommendations on the top business credit cards in the UK? Check out this list of great options from Money.co.uk.

Pros of Using Business Credit Cards in the UK

In the UK, business credit cards can be a great way to manage expenses and streamline business operations. Below are some of the key advantages of using business credit cards:

1. Separates Business and Personal Finances

One of the most significant benefits of a business credit card is that it helps separate business and personal finances. With a business credit card, business owners can easily track and manage expenses without mixing them with personal finances. This separation makes accounting and tax filing more straightforward and less time-consuming.

2. Improves Cash Flow

Using a business credit card can help improve cash flow, especially for businesses that experience fluctuations in cash flow or seasonal revenue. Business owners can use credit cards to purchase inventory, cover expenses, and manage cash flow efficiently without touching their cash reserves.

3. Rewards and Cashback

Many business credit cards in the UK offer rewards and cashback programs. These programs can help business owners earn points, miles, or cashback rewards on their purchases. Some credit card issuers also partner with specific suppliers to offer promotions, discounts, or exclusive deals.

4. Online and Offline Purchases

Business credit cards can be used to purchase goods and services online or in-store. Many business credit card issuers provide online account management tools that make it easy to monitor transactions, track expenses, and pay bills online.

5. Liability Protection

Business credit cards offer liability protection to business owners. If the card is lost or stolen, the owner can report it to the issuer and avoid liability for unauthorized purchases made by the thief. Moreover, many UK business credit cards come with built-in insurance coverage for travel, car rental, and purchase protection.

6. Builds Business Credit

Using a business credit card can help businesses build a credit history and improve their credit score. As the business owner uses the card responsibly and repays balances on time, credit bureaus can see the business’s creditworthiness and reward it with a higher score.

7. Better Vendor Relationships

Using a business credit card to pay vendors and suppliers can help businesses build better relationships with them. When businesses pay their bills on time and consistently, they can negotiate better payment terms and discounts, which can help them save money.

8. Access to Credit

Business credit cards provide businesses access to credit that they may not otherwise have. They can use the credit to fund expansion projects, make purchases, or take advantage of unexpected opportunities as they arise.

9. Low Introductory Rates

Many business credit cards offer low introductory rates to businesses that are starting or expanding. These rates can be helpful to businesses that need to spend money on equipment or other expenses, such as marketing or advertising campaigns.

10. Easy to Obtain

Business credit cards are generally easy to obtain, especially for established businesses with a proven track record. Many UK financial institutions offer business credit cards, and business owners can choose the one that best suits their needs. These cards can be obtained online or in-person, and the approval process is relatively straightforward.

Overall, business credit cards can be a valuable tool for business owners in the UK. Before choosing a business credit card, business owners should consider the fees, interest rates, and rewards programs to ensure that they are getting the best deal for their needs.

Thanks for Reading!

I hope you found this article helpful in finding the best business credit card for your UK-based business. Remember to always do thorough research before choosing a credit card and to consider your business needs and goals. Don’t forget to visit us again for more helpful tips and advice on business finances and credit options. Thanks again for reading and happy card hunting!

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