Business Credit Cards
Compare the best deals & prices
We compare the leading business credit card providers
How we’ve helped others find the perfect company credit card
Finding the right credit card for your business can be a confusing and time consuming process. But here at Business Comparison we’re here to help make it a little easier.
We help you to compare credit cards from leading providers, as well as specific products like business fuel cards and business expense cards.
- We're here to help you switch credit cards
- Or take out a new business credit card
- Over 10,000 businesses have used our service
- We help people compare with ease
Business Credit Cards For Bad Credit
Even if you have poor credit you can still take out a business credit card. However, it’s worth remembering that you may find less credit cards are available to you, as some lenders may not be willing to provide you with a credit card.
This is why it is important that you compare business credit cards in detail before deciding on which card to go for.
SME Credit Cards
As a small business it’s likely that a credit card is going to be useful for you.
Whether you're switching from an existing card to make use of better offers and perks, or you’re taking out a credit card for the first time, our comparison service helps you to identify the right card for you.
As an SME there are many reasons you may choose to use a credit card;
- To manage your cashflow
- For small day to day expenses
- Speedy access to funds
- To speed up your accounting processes
Be sure to consider multiple cards before deciding on which one to go for.
Credit Cards For Start-Ups
If you’re a start-up you may be in need of a bit of a credit, and like other businesses you could take out a credit card to help you do that.
We recommend taking a look through our FAQs and the information on our different products to help you to work out which card is best for you.
Things to think about include;
- What do you plan on using the card for?
- What perks might be useful?
- Do you want a card that offers cashback?
- What kind of credit limit do you need?
There is no one perfect credit card for a start-up, so make sure you consider things carefully and go with the one that is right for you.
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Compare Business Credit Cards
Here at Business Comparison we help people find the best business credit card every day. Whether you are an SME or a Start-Up we help you to compare credit cards from a range of lenders so that you can find the perfect credit card for your needs.
How To Compare Business Credit Cards
Comparing business credit cards can be a tough and laborious process, however, we exist to make it that little bit easier for you.
Our listings above outline all the key things you need to know about each provider, things such as APR, any fees, perks available like cashback and any particular terms and conditions you might want to consider.
Our simple process allows you to see all the relevant details and go through to their providers site without putting in any of your details. So you can get in touch with the provider directly and get your account setup in your own time,
Pros & Cons of Business Credit Cards
There are many advantages and disadvantages to using business credit cards, here we’ve outlined a few key areas to think about.
Pros
- Easily manage your cash flow
- Make use of additional perks such as cashback
- Easily manage day to day transactions
- Separate your work and personal expenses
- Quick and easy access to credit
Cons
- Missing repayments can adversely impact your credit rating
- You may struggle to be accepted with bad credit history
- Interest rates may be higher than other forms of business credit
What Perks Do Business Credit Cards Offer?
Many company credit card providers offer perks to encourage businesses to use their services over others. Some perks include;
- Cashback
- Shopping Discounts
- Insurance
- Reward Points
- 0% Purchases
- Fee Free Transactions
The exact details vary by provider, so it’s key that you pay close attention when comparing business credit cards on our listings above.
How Do I Choose The Right Business Credit Card
It can be tough to found the right credit card for you business, but there are a few steps we recommend following;
1. Do Your Research!
Make sure you understand how business credit cards work so you can decide on what you are looking for.
2. Find Your Credit Rating.
The cards you are eligible for will depend on your credit rating, so it’s wise to understand where you stand before starting to search.
3. What Are you Going To Use The Card For?
Think about what you will need to do with the card as some cards are better for specific purposes, for example fuel cards or expense cards may be more suitable.
4. What Perks Are You Interested In?
Some cards offer things like interest free purchases or cashback. Depending on your objectives one may be better than the other.
5. Compare!
We always recommend you use a business credit card comparison tool like ourselves. That way you can see multiple cards in one place and determine which is best for you.
FAQs On Business Credit Cards
Business Credit Cards are very similar to personal cards. Your provider will issue you with a credit limit on your card which you can then use to make purchases for your business. You will then be issued with a statement and will need to make monthly repayments to reduce or clear your credit balance.
Yes, limited companies are able to take out credit cards from most providers. Compare business credit cards from our providers above.
Yes, many providers have dedicated products aimed at startups, which really helps as it can be tough for a new business to build up a credit rating.
Yes, you can still take out a Business Credit Card with a bad credit rating. However, you may find fewer providers are willing to allow you to take out an account, so it is worth checking their terms and conditions first.
Yes, many credit card providers will allow sole traders to take out an account with them. We always recommend you check their terms and conditions first though!
The process is really simple, with Business Comparison you can compare business credit cards here. You simply pick the best card for you and head over to the suppliers site to fill in their application form.
This will depend entirely on what you want to use the card and credit for. Alternatives you may wish to consider include business loans and invoice finance.
Barclaycard Select Cashback
Eligibility criteria:
You can apply if:
- you’re a business owner or director
- directors and employees are over 18 years old
- your business is UK-based
- your business turnover or new business plan exceeds £10,000 per year
- you and your business aren’t bankrupt or in bankruptcy proceedings
- your existing financial commitments are not overdue and have been managed well over the last 12 months
- you haven’t been declined for a Barclaycard commercial card in the last six months
What you’ll need to hand:
- your business’ details
- your bank details – a bank statement should have everything you need
- financial information such as business turnover and net profit before tax
- details of your business partners or other business owners including their date of birth, current home address and up to three years of their address history (this doesn’t apply to sole traders)
Barclaycard Premium Plus
Eligibility criteria:
Before you apply for your Premium Plus business credit card. To help you zip through the application process, please have your business, financial and bank details to hand and you’ve made sure that:
- You and your business is not bankrupt, or in bankruptcy proceedings
- existing financial commitments are not overdue and have been managed well over the last 12 months
- Your business turnover or new business plan exceeds £10,000 per year
- Your business is UK-based
- Directors and employees are at least 18 years old
Product benefits:
- Save 2% on foreign exchange fees
- Comes with a six-month interest-free on purchases period†
- Plus, you’ll get up to up to 56 days interest-free on purchases when you pay in full and on time
- Transform your Premium Plus into a priority pass to airport lounges and get two visits for free. Additional visits cost £20 each
- Work at our Eagle Labs for free. Terms and conditions apply
- We’ve got you covered with business travel, purchase protection and cardholder misuse insurance
- 0.5% cashback on all eligible spend, up to £400 per year Terms and conditions (Cashback)
Interest rate – 49.4% APR (variable)
Additional features:
- Easily manage your account, view statements and make payments on your smart device with online servicing
- Keep on top of your business expenses and manage employee cards with MyControls
- Go paper free and download your statements online
- Need help? Whatever time or day, we’re only a call away
- We’ll keep an eye on your account and alert you about suspicious activity straightaway
- Enjoy discounts from some of your favourite brands and the hottest entertainment tickets with Business Rewards
