1.Capital on Tap Business Credit Card
Capital on Tap
- 1%Cashback on all purchases
Receive 10,500 points, worth £105 cashback or 10,500 Avios, as a sign-up bonus · Spend £5,000 in your first three months to qualify for the sign-up bonus.
Earn 1% cashback on every purchase, with no limits.
13.86%-null
The Capital on Tap Business Credit Card stands out as the top choice because it offers uncapped 1% cashback on all purchases, making it ideal for businesses looking to maximize their rewards without worrying about limits or annual fees.
Pros:
- No joining or annual fees
- Uncapped cashback
Cons:
- Requires a minimum spend to earn cashback
- Limited to business use
2.Capital on Tap Business Pro Card
Capital on Tap
- 1.25%Cashback on preloaded funds
- 1%Cashback on all purchases
Earn 10,000 bonus points when you spend £5,000 on your Pro business credit card in the first 3 months.
Earn 1% uncapped cashback on all purchases, rising to 1.25% on preloaded funds.
13.86%-null
What sets the Capital on Tap Business Pro Card apart is its premium features, including unlimited airport lounge access and a higher cashback rate on preloaded funds, making it a strong option for frequent travelers and high spenders.
Pros:
- Unlimited airport lounge access
- 1.25% cashback on preloaded funds
Cons:
- High annual fee
- Requires significant spending to maximize benefits
3.American Express Business Gold Card
American Express
- 4%Points on top spending categories
- 1%Points on all other purchases
Earn 60,000 Membership Rewards points after spending £6,000 in the first three months.
Earn 4x points on top spending categories.
17.74%-28.49%
The standout feature here is the ability to earn 4x points on top spending categories, making the American Express Business Gold Card an excellent choice for businesses that frequently incur expenses in those areas.
Pros:
- High rewards on top spending categories
- Flexible payment options
Cons:
- Requires full balance repayment
- Annual fee applies after the first year
4.Barclaycard Select Business Cashback
Barclaycard
- 1%Cashback on eligible business spending
N/A
1% cashback on eligible business spending of at least £2,000 per statement month.
25.5%-null
This card shines for its straightforward cashback offering, providing 1% on all eligible business spending, making it a practical choice for businesses that consistently spend over £2,000 monthly.
Pros:
- No annual fee
- Straightforward cashback structure
Cons:
- Minimum spend requirement
- Limited to eligible spending
5.Lloyds Business Credit Card
Lloyds Bank
- 1%Cashback on fuel and electric vehicle charging
- 0.5%Cashback on other purchases
Lloyds Bank currently offers a £200 welcome bonus for new business credit card applicants.
1% cashback on fuel and electric vehicle charging, and 0.5% on other purchases.
15.95%-null
A key differentiator is the £200 welcome bonus for new applicants, combined with cashback on fuel and EV charging, making the Lloyds Business Credit Card a compelling option for businesses focused on those expenses.
Pros:
- No annual fee for the first year
- Cashback on fuel and EV charging
Cons:
- Annual fee after the first year
- Minimum spend requirement
6.Funding Circle Business Cashback Card
Funding Circle
- 2%Cashback for the first 6 months
- 1%Uncapped cashback after the introductory period
2% cashback on all card spending for the first six months, capped at £2,000.
2% cashback for the first 6 months, followed by 1% uncapped cashback.
14.9%-34.9%
This card excels with its market-leading 2% cashback for the first six months, making it an attractive option for businesses looking to maximize rewards on their spending right from the start.
Pros:
- High introductory cashback rate
- No annual fee
Cons:
- Capped cashback during the introductory period
- Higher APR
Final Words
As you navigate the options for business credit cards this April, remember that choosing the right card can significantly impact your business's financial health. Take time to compare features, rewards, and fees to make an informed decision that aligns with your business needs.
Frequently Asked Questions
With the Capital on Tap Business Credit Card, you can receive 10,500 points, worth £105 cashback or 10,500 Avios, as a sign-up bonus when you spend £5,000 in your first three months. Additionally, you earn 1% cashback on every purchase, with no limits.
The Capital on Tap Business Pro Card offers a welcome bonus of 10,000 bonus points when you spend £5,000 on your Pro business credit card in the first 3 months. It also provides 1% uncapped cashback on all purchases, rising to 1.25% on preloaded funds.
The American Express Business Gold Card allows you to earn 60,000 Membership Rewards points after spending £6,000 in the first three months. You can earn 4x points on top spending categories and 1% points on all other purchases.
When selecting a business credit card, consider factors such as the rewards structure, annual fees, and any introductory bonuses. It's also important to assess how the card's benefits align with your business spending habits.
Yes, many business credit cards have annual fees, which can vary significantly. Be sure to evaluate whether the benefits and rewards of the card outweigh the costs, especially if you spend a lot on your business expenses.
To apply for a business credit card, you typically need to provide information about your business, including its revenue, legal structure, and credit history. Most applications can be completed online, and approval times vary by provider.
Eligibility requirements for business credit cards often include having a registered business, a good credit score, and proof of revenue. Each card issuer may have different criteria, so it's essential to check the specific requirements before applying.
