Business credit card comparison table: fees, rates, rewards and eligibility
FLD is not a lender or a credit broker and does not arrange credit. This is general information, not advice to borrow.
Important: This guide provides general information, not personalised financial advice. Financial products, rates and eligibility rules can change, so check the provider’s current terms before applying. You can check a firm’s details on the FCA Register.
Quick answer
This is the full reference table for the business cards we checked. Each row shows the annual fee, rate, rewards, who can apply and other features, all taken from the provider’s own site on 3 October 2026.
Reading tip: check the “Who can apply” column first. Capital on Tap only accepts limited companies, LLPs and PLCs; NatWest’s card needs a NatWest business account.
The full table
| Card | Annual fee | Rate | Rewards | Who can apply | Other features |
|---|---|---|---|---|---|
| Capital on Tap | Free card: £0. Pro: £299 a year | Rates from 13.86% APR (variable); your rate is set individually | 1% cashback on card spending (Pro: 1.25% on preloaded spend) | Directors or 25%+ shareholders of a UK Ltd, LLP or PLC; not sole traders | No FX or ATM fees; up to 42 days interest-free; limits up to £250,000 |
| Barclaycard Select Cashback | £0 annual fee | Representative 25.5% APR (variable), based on a £1,200 limit | 1% uncapped cashback in statement months you spend £2,000 or more | Subject to Barclaycard’s checks; minimum limit £1,000 | Cash fee 3% (minimum £3); statement copies £2 |
| NatWest Business Credit Card | £30 a card; waived in year one, and from year two if you spend £6,000+ a year | Representative 24.3% APR (variable); purchase rate 16.9% p.a. (variable), based on a £1,200 limit | 1% cashback at eligible fuel and EV charging | NatWest business account holders (same legal entity), turnover up to £2m | Up to 56 days interest-free; minimum limit £500 |
| American Express Business Gold | £0 in the first year, then £195 a year | Flexible Payment Option for applications from 28 January 2026 — check Amex for the rate | Membership Rewards points | Company liability supported by a business personal guarantee (check Amex eligibility) | Up to 54 days to pay in full |
| American Express Basic Business Card | No annual fee | Charge card — balance paid in full each month | Check Amex | Check Amex eligibility | Up to 42 days to pay; no pre-set spending limit |
Figures as of 3 October 2026, taken from each provider’s own website. Rates, fees and eligibility change and depend on your circumstances — check the provider before applying.
Who it’s for
- Owners shortlisting business cards
- Finance leads comparing employee card options
- Businesses checking their current card against others
- Anyone who prefers raw data to recommendations
Who should skip it
These are general points to weigh up, not advice. You may want to look elsewhere if:
- You want a guided “who suits what” — see business credit cards compared
- You’re mainly worried about interest costs — see the APR and fee comparison
- You need personal credit cards — see Credit and borrowing
- You want debt help — speak to a free debt adviser
Full explanation
How to read the rate column
A representative APR includes interest and compulsory fees and is based on an assumed credit limit (£1,200 for both Barclaycard and NatWest). The purchase rate is the interest on purchases alone. Charge cards have no ongoing interest rate in the usual sense because you pay in full each month.
See also: APR Explained: A Simple Guide for UK Borrowers
Our picks by criterion
Our pick for no annual fee and flat cashback (companies): Capital on Tap. Our pick for high monthly spend: Barclaycard Select Cashback.
Our pick for NatWest customers: NatWest Business Credit Card. Our pick for a no-fee charge card: American Express Basic Business Card.
Protection
Section 75 of the Consumer Credit Act often doesn’t apply to business cards, especially for limited companies. Sole traders and small partnerships may be covered on a regulated card, for single items priced between £100 and £30,000. Charge cards generally fall outside Section 75 because the balance must be paid in full each month.
More: Business credit card APR and fee comparison, Business credit card fees explained and Business credit card eligibility.
The catch
Rates are personal. A representative APR is what at least 51% of accepted applicants get; you may be offered more. Capital on Tap’s 13.86% is a starting rate.
Rewards have conditions. Thresholds, categories and eligibility all apply — they’re in the table.
Not every bank is listed. High-street banks such as Lloyds and HSBC also offer business credit cards, usually to their own business customers. We couldn’t confirm their current fees and rates from their own websites on 3 October 2026, so they aren’t in our tables — check with them directly.
Want the short version first?
Shortlisted a card? Check its current terms:
These go straight to each provider’s own website. They aren’t referral links and we don’t earn from them.
FAQs
Which card in the table has the lowest rate?
Capital on Tap advertises rates from 13.86% APR (variable), but your rate is set individually. NatWest’s purchase rate is 16.9% p.a. (variable).
Which cards have no annual fee?
Capital on Tap’s free card, Barclaycard Select Cashback and American Express Basic Business Card.
What is a charge card?
A card you must pay off in full every month, such as American Express Basic Business Card.
Why aren’t Lloyds and HSBC in the table?
See The catch above.
Is the order a ranking?
No. The order isn’t a ranking.
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