Best Compare Business Charge Cards
10 Best Business Charge Cards in 2024
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How it worksBusiness charge cards give you access to short term and interest-free funding with flexibility that can help manage your expenses. You'll get custom credit limits every month that can increase as your activity does, great if your business is new or struggling to be accepted for a credit card.
Find the best business charge cards offered by the UKs top business card providers and improve your cashflow on every purchase.
Moss Credit Corporate Card
- Business charge cards offering complete flexibility with full control on the go
- To businesses that have more than 10 employees or turnover more than £2 million
- Two plans available, book an intro to find out more
- Both give access to unlimited smart cards that automate spend approval flows
- With limits up to £2.5 million per month
- Boosting cashflow with credit must be paid in full in the given terms
- Offer market-leading receipt capture & spend matching
- Integrate cards seamlessly with popular accounting software
- Rated great on Trustpilot with users giving them 4 stars
WebsitePayhawk Credit Corporate Card
- Spend management solution with corporate charge cards
- For businesses that make more than £2 million per year, or employ more than 10 people
- There are three plans for cards with built-in spend rules, schedule a demo for more info
- All offering unlimited virtual & physical business cards
- Available on Apple Pay or in your Google Wallet & in seven currencies
- Including GBP, EUR & USD
- Issue or freeze spend in one click with business charge & prepaid cards
- Boast an AI-driven receipt scanner that works on more than 60 languages
- Excellent rating on Trustpilot with 4.4 stars out of 5
WebsiteJuni Business Cards
- Offer market-leading smart virtual business charge cards that earn up to 1% cashback with no caps
- Made for businesses in the UK, NL, SE, DE, FR, ES, IT, NO & FI
- Pricing starts from £79 a month & includes three users, earns 0.5% cashback
- With custom rates for businesses with over £3 million annual revenue
- Access interest-free financing from 10k to 2 million EUR
- And get 37 days to repay, up to 60 days available
- Instantly create virtual corporate cards in GBP, EUR, USD, or SEK & assign in a few clicks
- Access capital for ecommerce or media spend, with a fixed 3% monthly fee
- Have an excellent Trustpilot score with 4.5 stars
WebsiteRead our in-depth Juni reviewBarclaycard Select Charge Card
- Control spend & manage business expense with the Select charge card
- Made for businesses that turnover, or plan to, £10,000 per year
- Charges a £42 annual fee with no additional cardholder fees
- You must pay your balance back in full each month
- Allowing you up to 38 days to pay of business purchases
- The limits available are £1,000 to £50,000, subject to status
- If you go over you limit or are late to make a repayment you will be charged £12
- Simplify invoices & expenses with free FreshBooks accounting
- Awarded Best Business Card Provider in the Business Moneyfacts Awards 2014-23
WebsiteAmerican Express Business Cards
- Three business charge cards available, one basic & the other two earning rewards
- The basic card is free & the other have an annual fee of £195 or £650
- Earn bonus membership points with the paid cards, terms apply
- Be more flexible with payment periods of 42 up to 54 days on purchases
- There are no spending limits, as long as you can pay back your balance in full every month
- With up to 10x rewards points when you spend £20,000 or more per quarter
- Need a business bank account to nominate for repayments & fees
- World class customer service available anytime, anywhere
- Keep your business protected with access to travel insurance, purchase & refund protection
WebsiteNatWest Business onecard
- Business charge card with an annual fee of £45 per cardholder
- Only available to existing NatWest business customers
- Give employees their own card or use the hosted onecard option
- Get grace periods on repayments from seven to 28 days, fees apply
- Balances not paid when due accrue monthly interest charges of 1.60%
- Cash advances are available for a 2.95% fee, minimum £2.95
- The same charges apply to non-sterling transactions
- Access ClearSpend, a free platform offering complete card & spend management
- Comes with corporate liability waiver insurance to protect against employee misuse
WebsiteRead our in-depth NatWest reviewLloyds Bank Business Charge Card
- Basic charge card for businesses, with no annual fees for the first year
- After, an annual fee of £32 for each cardholder will apply
- You must be Lloyds business current account holder to access
- A guarantee may be needed for some limited companies & limited liability partnerships
- Access credit limits from £1,000 to £25,000, with daily withdrawals of £500
- And issue unlimited cards, each with their own limits (£500 minimum)
- Improve cashflow with 45 days interest-free on purchases, when balances are paid in full each month
- Non-sterling transactions are charged at 2.95% of the amount
- Benefits from added protection with buyers protection insurance & travel insurance
WebsiteRead our in-depth Lloyds Bank reviewRoyal Bank of Scotland Business onecard
- Business charge card that comes with a £45 annual fee for every holder
- Available to existing Royal Bank of Scotland business users
- Employees can have their own card or use a hosted option
- Get grace periods on repayments from seven to 28 days, fees apply
- Unpaid balances are charged monthly interest at a rate of 1.60%
- Cash advances are available for a 2.95% fee, minimum £2.95
- The same charges apply to non-sterling transactions
- Access ClearSpend to have complete control of spend & limits, for free
- Cards are covered by corporate liability waiver insurance against employee misuse
WebsiteRead our in-depth Royal Bank of Scotland reviewBank of Scotland Business Charge Card
- Simple business charge card that comes with no annual fee for the first year
- Then you must pay a £32 card fee for every cardholder
- Only available to Bank of Scotland business account customers
- A guarantee may be needed for some limited companies & limited liability partnerships
- Get access to credit from £1,000 to £25,000, with daily cash limits of £500
- Issue unlimited cards with their own individual limits (minimum of £500)
- Get 45 days interest-free credit on purchases when you pay your balance in full each month
- Non-sterling transactions are charged at 2.95% of the amount
- Access rewards & lower your risk with buyers protection insurance or travel insurance
WebsiteRead our in-depth Bank of Scotland reviewThe Co-operative Bank Business Charge Card
- Flexible business card that has no card fees for the first six months
- Then charged £2 per card each month
- Available to incorporated companies, not offered to sole traders
- Open a Co-op business bank account with successful applications
- Request multiple cards each with their own limits
- Get up to 48 days interest-free when full balance is paid monthly
- Outside of this, interest is charged at 2% above the BoE base rate
- Cash withdrawals are charged 2% of the value, £1.50 minimum fee
- Manage daily expenses with ease & get monthly statements
WebsiteRead our in-depth The Co-operative Bank reviewWhat is the best business charge card?
Here's what we think are the best business charge cards and what for:
- Best business charge card overall: Moss Credit Corporate Card · From £0
- Best for expense management: Payhawk Credit Corporate Card · From £0
- Best for highest limits: Moss Credit Corporate Card · From £0
- Best from a high-street bank: NatWest Business onecard · £45 per year
- Best for multiple currencies: Juni Business Cards · From £79 per month
What is a business charge card?
A business charge card is a type of card that can help businesses improve their cashflow and manage spend more effectively. They are a flexible alternative for businesses struggling to get a line of credit.
Are business charge cards the same as credit cards?
No, business charge cards and business credit cards are not the same. They have similarities in how they can help manage cashflow with short term credit lines, but charge cards tend to have no preset spending limits.
The major difference that separates the two is that with charge cards businesses have to pay off the balance they have spent every month on the due date. If you do not you could be charged late fees and interest on what is unpaid.
When your business starts to build a good payment history you may see that the spending limits you have available can be increased and you might gain access to extended payment terms, similar to business credit cards.
Who can get a business charge card?
Most registered businesses should be eligible for a business charge card, but as with all credit, applying businesses are subject to status and application.
If you are looking to get a charge card with a high-street bank, you will more than likely be required to have a business bank account with them already.
And some providers, like Moss and Payhawk, do not offer their spending solutions to charities or micro-businesses.
How much do business charge cards cost?
The cost depends on who you choose; traditional banks usually charge annual fees in the region of £32 to £45 per card. While online expense management providers offer free or custom-rate plans.
Cash transactions and non-sterling transactions come with fees around 3%, though some like Payhawk and Juni have multi-currency payments.
Aside from this you will be charged interest if you miss your repayment date, and even a late payment fee on top of this.
What are the credit limits on business charge cards?
Charge cards have no predetermined credit limits, however the amount you can use straight away will differ from provider and status. With that said, the amounts you can access start from £1,000 up to £2.5 million each month, of the cards in this guide.
What are the risks of a business charge card?
The main risk with business charge cards is that if their balance is not paid off in full each month they can charge high fees. This can be around £12 every day the balance is not cleared.
Alternatives to business charge cards
Frequently asked questions
It's not uncommon to have questions when looking in to business banking, especially for the first time. These are some of the most relevant questions for business charge cards:
In short, yes. This is because charge cards offer lines of credit, though because they have no preset limits they won't affect your score as much as an unsuccessful credit card application.
Yes, effectively using your business charge card by paying it off in full each month, growing a sensible spending history and not making late payments can all help build your business credit score.
Charge cards can be a good choice for businesses as they offer flexible credit that can be used and tracked for employee spend, business purchases, cash, and overall expense management.
A micro-business is a business that both turns over less than £2 million per year and employs less than 10 people. If only one of these applies then you are not considered a micro-business in the UK and Europe.