- 1%Cashback on fuel and EV charging
- 0.5%Cashback on other purchases
Earn up to £250 for switching bank accounts.
Earn 1% cashback on fuel/EV charging and 0.5% on other purchases.
15.95% Variable APR
A key differentiator is the Lloyds Business Credit Card's combination of cashback on fuel and EV charging, along with flexible repayment options. This card is particularly appealing for businesses looking to manage expenses effectively while earning rewards.
Pros:
- No annual fee for the first 12 months
- Flexible repayment options
Cons:
- Annual fee after the first year
- Minimum spend threshold for cashback
The Lloyds Business Credit Card is well-suited for small to medium-sized enterprises that frequently incur fuel and electric vehicle charging expenses, offering a straightforward cashback rewards structure and flexible repayment options. Its low annual fee and welcome bonus further enhance its attractiveness for businesses aiming to manage costs while benefiting from rewards.