Business Credit Card Summary Box

The information contained in this table summarises key product features and is not intended to replace any Terms and Conditions.


Typical 17.6% APR (variable)

Interest Rates

Monthly Rate

Annual Rate




Cash Withdrawals



Interest-free period

  • Maximum 45 days on new purchases if you pay your balance in full and on time each month.

  • No interest-free period on Cash Withdrawals.

Interest charging information

You will not pay interest on new purchases if you pay your balance in full and on time. Otherwise, the period over which interest is charged is as follows:



date Transaction is added to the Cardholder Account

paid in full

Cash Withdrawals

date Transaction is added to the Cardholder Account

paid in full

If you repay your balance in full, you will pay interest on Cash Withdrawals on consecutive statements. The first statement will cover the period from the date the Cash Withdrawal is added to the Cardholder Account to the Statement date and the following will show interest payable between the previous Statement date and the date of your repayment.

Allocation of payments

If you do not pay off your balance in full, payments we receive will be applied in the following order of highest first to lowest (transactions may attract different interest rates):

  1. Interest and charges (other than those mentioned below);

  2. Cash Withdrawals and charges for Cash Withdrawals;

  3. All other amounts on the Business Account, including Purchases, charges for copy statements, copy transaction receipts and additional copies of reports.

For further details, please refer to your Business Credit Card terms and conditions.

Minimum repayment

  • 5% of the balance shown in the Statement or £5.00 whichever is greater.

  • If you make only the minimum payment each month, it will take you longer and cost you more to clear your balance.

Business credit limits

Minimum Business credit limit


Maximum Business credit limit

£25,000 subject to status





Cash Withdrawals

2.5% handling fee, minimum £2.50.

Copy of statements

£6.00 for a copy of a non-current Statement.

Copy of sales voucher

£5.00 per item.

(There will be no charge if your query reveals an error has been made).

Copy of report


Default charges

£12 for late payments, returned payments or if you exceed your Business Limit.


Foreign fees


Payment Scheme Exchange Rate

Indicative rates can be found at:

Non-Sterling Transaction fee

2.95% of the amount of the Sterling transaction value.

Non-Sterling Cash fee

2.5% (minimum £2.50).


Default Charges

Late payment fee £12.00
Business Limit exceeded fee £12.00
Returned payment fee £12.00

Register for mobile banking

We're open anytime and anywhere. Take care of your day-to-day banking when you need to.

Set up mobile banking

logging in?

Follow our step-by-step tutorial to get back online from the safety of your home.

View tutorial

Need to visit us?
Visit our FAQs

If you need help with something specific, let us know what it relates to or search a topic.

Go to help page