Business credit cards with rewards
Best business credit cards with rewards & cashback for UK SMEs
Compare reward business credit cards with signup bonuses, cashback and air miles.
Updated: 17th August 2026
Reviewed by Andrew Parry
Best cashback rewards card with no annual fee
- No annual fee
- 2% cashback for the first 6 months
- Uncapped 1% cashback thereafter
- Rates from 14.9% (variable)
- Min turnover required: £30k per year
Best overall for cachback and airmiles
- No annual fee
- Uncapped 1% cashback on all spend
- Convert points to Avios for free
- Rates from 13.86% APR (variable)
- Min turnover required: £2,000 per month
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A business cashback and rewards credit card allows companies to earn points or cashback when they use the card. Like any other business credit card, the trading history, business structure, and credit history of the individual and business are taken into account when applying. Some bonuses may be introductory, while others are ongoing.
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The best business rewards credit cards for SMEs
We evaluated 11 business credit cards with rewards (cashback, airmiles or perks) to find the best options for UK companies. We assessed the APRs, rewards value, perks, eligibility requirements, approval rates, credit limits, FX fees, spend management features, and accounting integrations.
We may receive commission from some credit card providers if you sign up to use their services after clicking a link to them. This does not affect our editorial ratings or recommendations. For business credit cards, we include cards based on our assessment of over a dozen factors, including annual fees, APR, rewards, discounts, eligibility, credit limits, business suitability, and overall value. We do not receive any compensation from the majority of providers listed on this page or the wesbite as a whole.
Card Name | Annual Fee | Intro Bonuses & Rewards | APR | ||
|---|---|---|---|---|---|
 | Capital on Tap Free Rewards Card | £0 |
| Rates as low as 13.86% APR (variable) | |
| Funding Circle Cachback Credit Card | £0 |
| Rates as low as 14.9% APR (variable) | |
| Capital on Tap Pro | £299 |
| Rates as low as 13.86% APR (variable) | |
 | American Express Business Gold Card | £195 Free in 1st year |
| Representative APR of 85.8% APR variable | |
| Barclaycard Select Cashback | £0 |
| Representative APR of 25.5% | |
| RBS Business Plus Card | £70 |
| Representative APR of 29% |
Card Name | Annual Fee | Intro Bonuses & Rewards | APR | |
|---|---|---|---|---|
Capital on Tap Free Rewards Card | £0 |
| Rates as low as 13.86% APR (variable) | |
Funding Circle Cachback Credit Card | £0 |
| Rates as low as 14.9% APR (variable) | |
Capital on Tap Pro | £299 |
| Rates as low as 13.86% APR (variable) | |
American Express Business Gold Card | £195 Free in 1st year |
| Representative APR of 85.8% APR variable | |
Barclaycard Select Cashback | £0 |
| Representative APR of 25.5% | |
RBS Business Plus Card | £70 |
| Representative APR of 29% |
Apart from the Amex Gold charge card, we’ve only included credit cards that are available to private limited companies, limited liability partnerships (LLPs) or public limited companies (PLCs) active on Companies House with:
- Sales of at least £2,000 per month
- No unsatisfied CCJs against the business or the applying director in the last 12 months
We score each business credit card with rewards out of 5 using four weighted factors: Value (50%), Perks (20%), Spend Management (15%) and Customer Experience (15%).
Our scores provide a consistent starting point, while our editors also consider eligibility, specialist use cases and how well each card suits the businesses covered by the page. Commercial relationships never influence a card’s score.
Note: For this rewards category, we place more weight on value compared to when we rate cards overall (50% versus 40%) and place 5% less weight on spend management and customer service.
| Factor | Weight | What it measures |
|---|---|---|
| Value | 50% | Direct financial return compared with direct card costs, including ongoing rewards, qualifying bonuses, annual fees and break-even efficiency. APR and interest-free borrowing terms are assessed separately where they are central to the purpose of a comparison page. Value is assessed using different annual card-spend scenarios considering ongoing rewards after fees, first-year bonuses, and the amount of spending required to offset any annual fee. These figures are editorial assumptions used to compare cards consistently, not estimates of average business spending. For standard comparisons, we assume the balance is paid in full each month. |
| Perks | 20% | Useful non-core extras, such as software discounts, advertising credits, travel benefits, insurance and partner offers. |
| Spend Management | 15% | Tools that help a business control, approve, track and reconcile spending, including employee and virtual cards, controls, reporting, receipt capture and accounting integrations. |
| Customer Experience | 15% | The practical experience of applying, onboarding, using the account, getting help and redeeming benefits. |
We may receive commission from some credit card providers if you sign up to use their services after clicking a link to them. This does not affect our editorial ratings or recommendations. For business credit cards, we include cards based on our assessment of over a dozen factors, including annual fees, APR, rewards, discounts, eligibility, credit limits, business suitability, and overall value. We do not receive any compensation from the majority of providers listed on this page or the wesbite as a whole.
We score each business credit card with rewards out of 5 using four weighted factors: Value (50%), Perks (20%), Spend Management (15%) and Customer Experience (15%).
Our scores provide a consistent starting point, while our editors also consider eligibility, specialist use cases and how well each card suits the businesses covered by the page. Commercial relationships never influence a card’s score.
Note: For this rewards category, we place more weight on value compared to when we rate cards overall (50% versus 40%) and place 5% less weight on spend management and customer service.
- Value (50% weighting): Direct financial return relative to direct card costs, including ongoing rewards, qualifying bonuses, annual fees, and break-even efficiency. APR and interest-free borrowing terms are assessed separately where they are central to the purpose of a comparison page. Value is assessed using different annual card-spend scenarios considering ongoing rewards after fees, first-year bonuses, and the amount of spending required to offset any annual fee. These figures are editorial assumptions used to compare cards consistently, not estimates of average business spending. For standard comparisons, we assume the balance is paid in full each month.
- Perks (20% weighting): Useful non-core extras, such as software discounts, advertising credits, travel benefits, insurance and partner offers.
- Spend Management (15% weighting): Tools that help a business control, approve, track and reconcile spending, including employee and virtual cards, controls, reporting, receipt capture and accounting integrations.
- Customer Experience (20% weighting): The practical experience of applying, onboarding, using the account, getting help and redeeming benefits.
Scores & reviews of business credit cards with rewards
Use the drop-down filters below to find business credit cards that have the features you require and that your business is eligible for. You can also sort by our scores out of 5.
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What is a business cashback and rewards credit card?
A business cashback and rewards credit card pays the business a small percentage of its spending, either as cash or points that can be redeemed for cash, gift cards, or air miles. Applications are assessed like any other business credit card, so trading history, business structure and the credit history of the business and its directors all matter.
Some rewards are introductory, such as Funding Circle’s 2% opening rate, while others are ongoing, such as Capital on Tap’s uncapped 1%. Cards with annual fees can still come out ahead, but only when spending is high enough for the extra rewards to more than cover the fee.
You may also be interested in the best cards for:
SMEs | Start-ups | Bad credit | Air miles | Limited companies | Balance transfers
Can you get cashback on all types of expenses paid for by credit card?
For most cards, cashback is earned at the same rate across all types of spending. The main exception on this page is RBS, which pays different rates depending on the spending category.
Every card has cashback terms and conditions, and most exclude balance transfers, cash withdrawals, currency purchases and gambling transactions. American Express also excludes card fees and foreign exchange from earning points, and some cards exclude insurance purchases.
Check the exclusions before committing if a large share of your spending falls into one category.
What are Avios and reward points actually worth?
As a rule of thumb, Avios are typically worth between 0.75p and 1p each when redeemed for flights, and roughly half that on other redemptions. That means a card earning 1 Avios per £1 can return around 1% in flight value, similar to the best cashback cards, while a poor redemption can halve it.
If your business would rather have certainty, cashback is simpler. If you fly regularly, points can be worth more.
Is cashback or air miles earned on a company credit card taxable?
Generally no, though it depends on how rewards are earned and the company’s structure. HMRC’s guidance on air miles and credit card schemes says that rewards acquired by an employee in the same way as any member of the general public, for example by buying goods or services, are not normally taxable.
HMRC also treats cashback as a reduction in the cost of what was bought rather than as income. There are narrow exceptions, such as rewards that are not linked to spending, so ask your accountant if you are unsure.
How do I get the rewards?
It varies by card. Funding Circle, Barclaycard, Santander and RBS credit cashback automatically, either monthly or when the statement is paid. Capital on Tap and American Express accumulate points, which can be redeemed against the balance, taken as cash or gift cards, or converted into air miles such as Avios.
Are business rewards cards worth it?
Yes, if the balance is cleared in full each month. Any interest can quickly outweigh any rewards, so these cards make the most sense as a payment tool rather than a borrowing tool.
For cards with annual fees, estimate your yearly spending and check if the rewards comfortably exceed the fee. A 1% card requires £3,000 of annual spend to cover a £30 fee, and £29,900 of annual spend to cover a £299 fee through cashback alone.
Key elements to check when comparing business credit cards with rewards
- Percentage of cashback offered by spending category
- Categories of spending eligible for rewards
- Options for redeeming earned rewards
- Estimated total rewards based on spending projections
- Factor in annual fees to gauge the annual net reward
- Any limit on the cashback that can be earned
Credit cards are for more than just rewards, so it’s important to consider other elements, such as:
- Eligibility criteria
- APR and interest-free periods
- Employee functionality such as spending caps, ATM withdrawals and reporting
- Other charges like cash withdrawal fees and foreign exchange fees
- Accounting features, such as integration with Sage
How to select the right cashback credit card for your business
- Determine your business spending patterns
- Make a list of must-have features & terms
- Begin ruling out cards you don’t want/require
- Calculate cashback and rewards for each card based on your spending
- Factor in annual fees, hidden fees, and APR
- Consider introductory bonuses
- Perform due diligence on your card of choice by checking reviews and customer service ratings
Is there a limit to the cashback that can be earned?
Most cards listed here pay uncapped cashback. The exceptions are RBS, which caps cashback at £600 per account each year, Funding Circle’s introductory rate, which caps cashback at £2,000 in the first six months, and Barclaycard, which pays nothing in months when spending is below £2,000.
How can I maximise the cashback earned?
Put as much business spending as possible through the card, and clear the balance in full so interest never offsets the rewards. Timing helps too. If you expect a large one-off purchase, making it within Funding Circle’s 2% six-month window doubles the reward on that purchase.
Preloading is another useful tactic. For example, Capital on Tap lets you top up the card with your own funds and spend beyond your credit limit, so a business with a £10,000 limit could preload another £10,000 and earn cashback on all £20,000 of spending.
What are the alternatives to a business credit card?
Alternatives to a business credit card include:
FAQs
Can I redeem the cashback for anything I want?
Yes. Cashback is credited as money, so it can be used for anything, including paying down the card balance. Points cards offer a choice of redemptions, and the value of each point usually varies by provider.
Do I need a business bank account with the card provider?
Only for the bank-issued cards. Santander and RBS both require an existing business current account before you can apply. Capital on Tap, Funding Circle, American Express, Barclaycard and Moss do not, although all will run eligibility and credit checks.
How can I maximise the benefits of a cashback business credit card?
Use the card for as many business purchases as possible and clear the balance in full each month. If the card allows preloading, topping it up with your own funds is a tactical way to increase the amount you spend that earns cashback.
Is cashback earned on a credit card taxable?
In general, HMRC does not treat cashback and rewards earned through spending as taxable income. In a small set of cases, rewards not based on spending, such as certain referral bonuses, could be considered miscellaneous income, and cashback is taxable when the beneficiary is a financial trader. Ask your accountant if you are unsure.