<Home
  • HomeBreadcrumb separator
  • Business credit cards

Business credit cards

Fast and flexible capital to fund your business, control spending and have full visibility

Our partner Capital on Tap can help find a business credit card that works for you.

  • No annual fee

  • 1% cashback on card purchases

  • Credit limits up to £250,000

Why get a business credit card?

Business credit cards offer a number of benefits designed to streamline your company's finances and provide valuable perks. From earning cashback on everyday purchases to accessing travel rewards, these cards are essential tools for managing expenses, improving cash flow, and building credit for your business.

Types of business credit cards

Cashback business credit cards

Cashback business credit cards allow businesses to earn a percentage of their spending back as cash rewards. These cards often offer higher cashback rates on specific spending categories such as office supplies, travel, or utilities.

Rewards business credit cards

Rewards business credit cards enable businesses to earn points, miles, or other rewards for their spending. These rewards can typically be redeemed for travel, merchandise, gift cards, or statement credits.

Corporate credit cards

Corporate credit cards are typically issued to employees of larger businesses and are used for business-related expenses. These cards may offer features such as central billing, expense management tools, and customisable spending limits for employees.

Business travel credit cards

Business travel credit cards are designed for businesses that frequently travel for work. They often offer travel-related perks such as airport lounge access, travel insurance, and rewards for airfare, hotel stays, and other travel expenses.

Types of business credit cards

Cashback business credit cards

Cashback business credit cards allow businesses to earn a percentage of their spending back as cash rewards. These cards often offer higher cashback rates on specific spending categories such as office supplies, travel, or utilities.

Rewards business credit cards

Rewards business credit cards enable businesses to earn points, miles, or other rewards for their spending. These rewards can typically be redeemed for travel, merchandise, gift cards, or statement credits.

Corporate credit cards

Corporate credit cards are typically issued to employees of larger businesses and are used for business-related expenses. These cards may offer features such as central billing, expense management tools, and customisable spending limits for employees.

Business travel credit cards

Business travel credit cards are designed for businesses that frequently travel for work. They often offer travel-related perks such as airport lounge access, travel insurance, and rewards for airfare, hotel stays, and other travel expenses.

How to choose a business credit card

Choosing the best business credit card for your needs involves careful consideration of various factors.

Assess Your Business Needs

Determine the primary purpose of obtaining a business credit card. Are you looking to earn rewards, manage cash flow, build credit, or streamline expenses? Consider your business's size, industry, and spending patterns to identify the most important features and benefits.

Research your options

Explore the different types of business credit cards available, such as cashback cards, rewards cards, or low-interest cards. Compare the features, benefits, and potential drawbacks of each type of card to find the ones that align with your business goals.

Compare key features

Evaluate the rewards structure, including earning rates, redemption options, and any sign-up bonuses or introductory offers. Consider additional benefits such as travel perks, expense management tools, employee card options, and purchase protections.

Review fees and terms

Check the annual fees, balance transfer fees, foreign transaction fees, and other charges associated with each card. Understand the terms and conditions, including eligibility requirements, credit limits, and penalty fees.

What are the pros and cons of business credit cards?

Pros

Convenient access to credit
Flexibility in managing cash flow
Can help build a positive credit history
Tools for tracking and categorising expenses
Rewards programs, such as cashback, travel rewards, or discounts

Cons

High-interest charges
Annual fees
Potential to accumulate debt
Late payments can impact the business' credit score

What our business credit card expert says

“Business credit cards offer vital financial flexibility, enabling businesses to effectively handle expenses, swiftly access credit, and enjoy rewards and incentives specifically designed for business spending.”
Author image
Alex Ryde
SME Product Specialist
brand-logo

Common features of business credit cards

  • Rewards programs: Explore various rewards structures, including cashback, travel miles, and points-based systems, to optimise your spending.

  • Introductory offers: Take advantage of introductory APR periods and bonus rewards to maximise savings and enhance your company's financial flexibility.

  • Annual fees: Evaluate the cost-effectiveness of each card by comparing annual fees against the benefits and rewards offered.

  • Expense management tools: Access expense tracking features and reporting tools to monitor and analyse your company's spending patterns.

  • Employee cards: Simplify expense management and control by issuing supplementary cards to your employees, each with customisable spending limits.

  • Additional benefits: Discover additional perks such as travel insurance, purchase protection, and exclusive discounts that complement your business needs.

Who's Capital On Tap?

Capital on Tap’s mission is to make running a small business as easy as possible. With tools and resources that empower businesses to streamline operations, access fast funding and earn rewards, more than £10 billion has been spent on their business credit cards. Card holders benefit from 1% cashback on every transaction and credit limits of up to £250,000. There’s no hidden charges or annual fees, plus rates as low as 14.95% APR (variable). You can manage business spending with smart controls and real-time visibility, and stay organised with auto-sync for Sage, Xero, FreeAgent and more. You’ll even gain access to exclusive offers like savings at Dropbox, Slack and Superscript. Apply today to join the 200,000 businesses across the UK and the US that have placed their trust in Capital on Tap.

Capital On Tap Logo

Need more help?

How long does it take to get a business?

After you've submitted your application, you should get your business credit card within a couple of weeks, assuming you've been approved for the card.

Does a business credit card require a credit check?

If you're just starting a business, it's likely that the provider will do a credit check of your personal finances. However, if your business is already established and taken out other forms of credit before, they credit check will look at your business' credit history to determine approval.

Do business credit cards charge annual fees?

Yes, many business credit do charge annual fees, but you can find cards that don't have a an annual fee.

Can I get individual credit cards for my employees?

Yes. With business credit cards you can get individual cards for each employee and have them all attached to one credit card account.

Confused.com Business credit cards is provided by Capital on Tap. Capital on Tap is a trading name of New Wave Capital Limited which is authorised and regulated by the Financial Conduct Authority (firm reference number 625592 in respect of consumer credit activities)

New Wave Capital Limited is a private limited company incorporated in England and Wales (No. 07959823), registered at 1 London Bridge, London, England, SE1 9BG.