A Business credit card for flexible spending and tailored rewards

Before you apply for a business credit card, you’ll need the personal details of all  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 application sections of our product pages will help you to prepare.

Yes, our business credit card can be used to pay for goods and services or to withdraw cash anywhere in the world. Just look out for the MasterCard logo.

Instead of paying your business credit card balance in full every month, you can just pay the minimum amount by the required date. This is handy if your customers are being slow to pay you.

The minimum payment will be the greater of: £5 or the full balance if less; or that month’s interest, any Default Charges, 1/12th of any annual fee and 3% of the remaining balance (excluding any annual fee). 

What you should know:

If you only pay the minimum payment it will take longer and cost more to clear your balance and there can be a risk of escalating debt, additional interest or charges and of potential financial difficulties.

How to reduce your interest charges:

The best way to reduce interest charges on your business credit card is by repaying as much of your balance as you can afford to each month. Even if you want to stick to the minimum payment you currently make by monthly Direct Debit, you can still make extra payments on top, any time you want. The back of your business credit card statement explains the variety of payment methods you can use.

To add an additional card, please complete the digital form.

Yes you do. Our business credit card is only available to existing Royal bank business customers. If you want to become a business customer take a look at our business current accounts.

If you run a business with a turnover of £2m or less, a company credit card could be a great addition to your finances. Helping you separate personal and business expenses is just one of the many reasons to get a company credit card.

With our business credit card, you also gain access to ClearSpend – an app designed to help you track your business spending easily and efficiently

New business credit cards are fee-free in the first year including any additional cards that you may open.  In subsequent years, the annual card fee is waived if you spend £6,000 in the previous year.

The waiver is applied at a card level based on the assessment of spend on that particular card. Spend can't be combined across cards to qualify for the waiver.

Although a business banking account and credit cards are opened in the name of your business, banks build a ‘picture’ of your circumstances based on both your personal and business finances. This means that a negative business credit history can affect the credit rating of business owners of smaller enterprises.

No, there isn’t. The actual cashback you could earn will depend on how much you spend in the eligible categories. 

Any cashback earned is credited to your Business credit card account monthly.

It may depend on your company’s financial situation and cash flow, plus your ability to keep up with repayments.

However, our business credit cards might be an option for startups and smaller firms, so long as your turnover is under £2m.

A limited company may be eligible for this credit card. You’ll need to include details like your Company Registration Number when applying.

Like our business credit card, a limited company structure can separate your personal and business finances.