Compare The Best Business Credit Cards

The Select Cashback credit card has no annual fees, yet rewards spenders with uncapped cashback, insurance, and FreshBooks integration. The card’s downfall is that it’s costly for purchases and international transactions, and lacks a comprehensive reward system.

Our view: The card’s FreshBooks integration is useful for startups without a system in place, all whilst benefiting from cashback rewards and low turnover eligibility. For international companies, the card is expensive and without sufficient rewards.

The Business Gold Card is one of the cheaper AMEX cards, yet has a comprehensive reward system that isn’t just limited to flying. Global Assistance and free employee cards are stand-out features. For lower spenders, this may be a one-year use card due to its minimum thresholds for some rewards, as well as having limited software integration and no cashback.

Membership points can be used to pay off your balance or exchanged for experiences, shopping, hotels and air miles / points at British Airways or Virgin Atlantic.

Our view: If your business spends enough to access the bonus rewards, the Business Gold Card can be a good option if you are looking to collect  Avois points or Virgin Atlantic points.

The British Airways AMEX Accelerating Business card has a huge potential for travel rewards, with four key components, with the potential for: 30,000 Avios points annually, a 30,000 Avios points introductory offer, and both 1.5 Avios points and 2x business points for each pound spent.

This has the largest reward potential of any card, along with good insurance. Low spenders,  infrequent flyers, and those going over the 56-day interest-free period will find it very expensive.

Our view: While expensive, this card can quickly become worthwhile for frequent business travellers and big spenders. 1 Avios point is roughly worth 2p for BA business class, meaning that you only need ~15,000 points to cover the annual fee. This should be easily achievable for businesses spending around £10,000 per year.

The free version of the Capital on Tap business card is a free card with zero FX or ATM fees. The card has uncapped cashback and rates as low as 14.67% (variable). No annual fees and 1% cashback on all spending types makes this one the best business credit cards on offer for UK SMEs.

Note that only businesses registered in the UK, or with a UK based director, and an annual turnover of at least £24,000 are eligible for this card and the Capital on Tap Business Rewards card below.

Our view: Ideal for non-travellers looking for straightforward cashback along with simple, free employee cards.

Capital on Tap’s premium pro card was released in the Autumn of 2024 and is well worth considering if you travel. It offers multiple additional benefits over and above those included with the Capital on Tap rewards card including Radisson Rewards VIP status, airport lounge access, two free guest lounge passes per year and guest discounts.

The Radisson VIP rewards status may justify the £299 on its own. In order to earn this independently you’d need to stay at a Radisson hotel 20 times or stay 30 nights in a calendar year. The benefit includes a free upgrade to the best room category available at the time of check-in, free breakfast for two (worth £40+ per day), access to VIP lounges, early check-in and late check-out if available, 15% off food and drink spending and access to ‘Discount Booster’ which enables you to receive an additional cash discount on your booking of up to 20% in return for earning a lower rate of Radisson points.

Our view: The Pro card is relatively expensive at £299 but employees and directors who fly frequently or stay at Radisson hotels will normally find the benefits outweigh the fee.

Being a part of Lloyd’s Group, the BOS card is essentially the same. This means that it’s a competitive option when it comes to insurance, and it’s relatively accessible for new businesses too. However, both cards have a short interest-free period, poor customer reviews, and no spending rewards.

Our view: This card is the same as the Lloyd’s card, meaning it’s suited to either new businesses and/or domestic, low-spending ones.

Given the relatively low annual fee, the Lloyds Business credit card is competitive when it comes to insurance, protection, and being suitable for new businesses. However, it falls short regarding the 2.5% cash withdrawal fees, 2.95% non-sterling transaction fee and relatively low 0.5% cashback on non-fuel purchases.

Our view: In return for the £32 annual fee, customers will receive good protection and insurance coverage. There are high additional fees and concerning reviews, however, low-sending new businesses can access up to £25,000.

The HSBC Commercial Card has very few stand-out features, but it could be useful for startups looking to onboard with various services at a discount.

It is a solid option for those looking for a relatively low-cost card with discounts and a competitive interest-free period. However, this card quickly becomes unsuitable for higher spenders and international spending.

Our view: The HSBC Commercial Card has very few stand-out features, but it could be useful for startups looking to onboard with various services at a discount.

This card is competing with the Capital on Tap and Barclaycard cards, which both offer 1% cashback yet are free. While the Santander card has an annual fee, it is low, has a competitive APR, and has the benefit of no FX fees.

Our view: Santander’s business cashback credit card is an all-rounder, with competitive fees, cashback, and additional card features. Its key USP from some of the earlier cards is the zero FX fees, making it suited to small, international companies. Ultimately, it would be worthy of consideration if not for the poor customer service reviews.

Metro Bank’s Business credit card is a simple but effective way to access credit. At a low and consistent 18.90% APR and 56 days interest-free, this is ideal for European firms looking for (relatively) cheap credit. However, the cost may be low, but the opportunity cost of having no rewards will be huge for high spenders.

Our view: This card has one of the lowest interest rates on the on the market so it would suit businesses who don’t clear their balance at the end of each month (which we would not recommend as there are cheaper sources of finance).

Funding Circle is a competitive company that is easy to deal with and quick to onboard. No monthly fees, no foreign transaction fees and a generous 2% cashback intro bonus are the most compelling features.

However, it has a relatively high APR and the £40,000 minimum annual turnover will mean it will not be suitable for many start-ups. In summary, there are several other cards with 1% uncapped cashback that may be worth considering first.

The RBS Business credit card is a low fee option for UK SMEs with a turnover up to £2M. It offers no annual fee in the first year, a relatively low APR and 56 days interest-free for purchases. This card may then be mostly aimed at small businesses that already use RBS and its free proprietary software, ClearSpend.

They also offer the Business Plus Credit Card for businesses with a turnover between £2.5M – £6M. This has a representative APR of 29% (variable) and 13.9% (variable) on purchases. This has better rewards, including 0.5% cashback on everything puchased, 1% on eligible travel and accommodation, 2% on eligible business supplies and 3% at eligible fuel and EV charging stations. There is also no charge for overseas purchases. However, cashback is limited to £600 per year.

Our view: Whilst very limited, the RBS business credit card offers good rewards for relatively low fees. This may be suited to owners who spend a lot of time driving, as £3,000/year in fuel would cover the annual cost.

Payhawk is so full of features that benefits like custom spending controls on employee cards, LoungeKey membership, and Visa concierge couldn’t fit the “Features” section. The corporate card should be seen as short-term spending with high limits which allows businesses to track mileage, create per diems, and manage out-of-pocket expenses. Payhawk’s rewards are potentially limited and it is predominantly focused on European-centric businesses.

Our view: Payhawk offers a large credit limit with a reasonable interest-free period (38 days), but this is where the credit ends. This makes it useful to tie over cash flow in the very short term, all whilst benefiting from cheap FX and cashback. Its standout features are its ESG compliance automation and expense management for global businesses.

Despite being very new, Juni has quickly built up positive reviews and a promising service. With a large scope for integration and international spending, it also provides high credit limits and a 38-day interest-free period.

Companies need to spend €15,800 (debit) to make back their €79/month fee via cashback, highlighting that you’re paying a premium for a broader solution.

Our view: Juni is a bright, young company with great software and customer reviews. The service is expensive because it’s not just for accessing credit (though limits are high).

Moss is clearly an innovative fintech that is trying to simplify business spending. Its integrations are powerful and can help improve the efficiency of a company. Customers with high transaction volumes may be offered the option of cashback. They don’t specify what what level of transaction volume will be required to get cashback.

However, with no rewards offered as standard and unclear credit repayment terms, it’s a service that isn’t directly competing with traditional credit card providers.

Our view: Moss is an interesting but slightly convoluted service. It excels in its modern software, and its large credit limit is suited to larger businesses. However, it’s difficult to compare with the rewards gained with traditional credit card providers.