Business credit cards compared — what matters and the latest options
FLD is not a lender or a credit broker and does not arrange credit. This is general information, not advice to borrow. Any representative APR shown is an example, not a personal quote: the rate you are offered depends on your circumstances and may be higher.
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
Business cards fall into three camps: no-fee cashback cards (Barclaycard Select Cashback, Capital on Tap’s free card), bank cards tied to your business account (NatWest), and fee-paying rewards cards (American Express Business Gold, Capital on Tap Pro).
Our pick for a limited company wanting flat cashback with no annual fee: Capital on Tap (1% cashback, no FX or ATM fees). Our pick for a business spending £2,000 or more a month on card: Barclaycard Select Cashback (1% uncapped in those months, £0 annual fee).
Quick comparison
| Card | May suit you if… | Annual fee | Rewards |
|---|---|---|---|
| Capital on Tap | you run a limited company and want flat cashback | Free card: £0. Pro: £299 a year | 1% cashback on card spending (Pro: 1.25% on preloaded spend) |
| Barclaycard Select Cashback | you spend £2,000+ a month on card | £0 annual fee | 1% uncapped cashback in statement months you spend £2,000 or more |
| NatWest Business Credit Card | you already bank with NatWest and buy fuel or charge EVs | £30 a card; waived in year one, and from year two if you spend £6,000+ a year | 1% cashback at eligible fuel and EV charging |
| American Express Business Gold | you value points and travel perks and can justify the fee | £0 in the first year, then £195 a year | Membership Rewards points |
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
- Businesses putting regular costs on a card and clearing it monthly
- Limited companies wanting employee cards and spending controls
- Owners comparing cashback against points
- Businesses paying an annual fee and wondering whether it still pays off
Who should skip it
These are general points to weigh up, not advice. You may want to look elsewhere if:
- You expect to carry a balance — interest can outweigh any reward
- You’re a sole trader looking at Capital on Tap — it’s for companies only
- Your spending is low and wouldn’t clear minimum spend thresholds
- You need regulated borrowing advice
Full explanation
Start with how you’ll repay
If you’ll clear the balance in full every month, rewards and fees matter most. If you might carry a balance, the interest rate matters more than anything else. Our APR and fee comparison focuses on that side.
Cashback or points?
Cashback is simple and predictable. Points can be worth more if you use them for travel, but their value depends on how you redeem. See Business credit cards with cashback and Business credit cards with rewards.
Banks not in the table
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.
New to business cards? Read business credit cards explained and Should I get a business credit card?.
The catch
Capital on Tap: limited companies, LLPs and PLCs only. The 13.86% APR is a starting rate; yours is set individually.
Barclaycard Select Cashback: cashback is only paid in statement months where you spend £2,000 or more.
NatWest: you need a NatWest business account in the same legal name, and the £30 card fee returns from year two unless you spend £6,000 a year.
American Express Business Gold: £195 a year after the first year, and new cards carry company liability backed by a personal guarantee.
Want every column side by side?
Check a card’s current terms with the provider:
These go straight to each provider’s own website. They aren’t referral links and we don’t earn from them.
FAQs
Which business credit card has no annual fee?
Barclaycard Select Cashback and Capital on Tap’s free card have no annual fee. NatWest waives its £30 fee in year one and from year two if you spend £6,000 a year.
Can sole traders get Capital on Tap?
No. Capital on Tap is for UK limited companies, LLPs and PLCs.
What’s the difference between a charge card and a credit card?
A charge card must be paid in full each month. A credit card lets you carry a balance, with interest.
Does Section 75 cover business cards?
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.
Is this a recommendation?
No. It’s general information. Check each provider’s current terms before applying.
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