The annual fee
We charge a £30 annual fee. This will be added to your card as soon as you activate it. Each year, we will add the fee in the same month you took the card out (this may be different to the month you activated the card). As we don't charge per card, you can also add a card for an employee at no additional cost.
Receiving your cashback
We'll pay the total cashback you earn each month onto your Business Cashback Credit Card and you'll see it on your monthly statement. Read the full cashback terms (pdf) (509 KB)
No foreign transaction fees on purchases abroad
Use your Business Cashback Credit Card abroad and you won't be charged any non-sterling transaction fees on purchases when paying in the local currency. We'll convert the foreign currency using the exchange rate set by Mastercard and won't charge a foreign transaction fee (also known as a non-sterling transaction fee).
If you use the Business Cashback Credit Card abroad, you won't be charged any non-sterling transaction fees on purchases when paying in the local currency. We'll convert the foreign currency using the exchange rate set by Mastercard. We won't charge a foreign transaction fee (also known as a non-sterling transaction fee).
What you also get
Up to 3 additional cardholders. All the directors/owners and partners must have a card. We can issue a maximum of 4 cards. For example if your business has 2 directors who must have cards, you can have 2 additional cards for other members of staff. You’ll be able to control the amount each cardholder spends by setting monthly spend limits if you’d like to.
You will be responsible for the use of and payments on the additional cards.
You must make at least the minimum repayment each month.
Paying your Business Cashback Credit Card
The Business Cashback Credit Card is for business expenses only. So payments shouldn’t be made from personal bank accounts or personal savings. This is unless you’re a sole trader and don’t have a separate business account.
- Purchases: you'll pay 18.9% p.a
- Cash transactions: you'll pay 27.9% p.a and a 3% fee (minimum £3) for each transaction
- You can see a useful summary of all the interest rates in the Summary Box (pdf) (796 KB)
Up to 56 days interest-free credit on purchases when you pay your balance in full and on time each month.
Everything you need to know before you apply
We recommend reading the information in the documents below before you apply. You may want to save or print them so you can refer to them in the future.
- Business Cashback Credit Card Key Facts Document (pdf) (885 KB)
- Terms & Conditions (pdf) (167 KB)
- Summary Box (pdf) (796 KB)
- Cashback Terms & Conditions (pdf) (509 KB)
To view these documents, you may need to download Adobe Reader
Ways to bank with us
Secure, 24/7 banking. Make payments, view transactions and much more.
- Online Banking
- Mobile Banking
- Contactless: make quick and easy purchases whenever you see the contactless indicator.
- Call us on 0330 678 1783. You can check your balance, find out when your next payment is due and more.
We'll send you alerts when you're near your credit limit. This can help you avoid fees and to make you aware of certain activity on your account. You can manage your alert settings through Online Banking or by calling us on 0330 678 1783.
Visit our Security Centre, here you'll find information about reporting fraud as well as tips to help you minimise the threat of fraud.
How can we help you?
Other borrowing options are available; see our business borrowing and financing options to find out more