Business Credit Card
Get 1% cashback on your credit card
Control your cashflow with fast, flexible spending and up to 59 days of interest-free credit on purchases with our Five-Star Rated credit card
Representative 27.7% APR (variable)
Credit subject to status
Meet our Business Credit Card:
the card that gives you more
If you have a business current account with us, you can add flexibility to your finances
with a Business Credit Card. And get 1% cashback on your spending.
1% cashback
Earn cashback on your business spending
Unlimited cards
Add as many credit cardholders as you want
No annual fee in year 1
Benefit from no annual fee in your first year
Representative example: 27.7% APR Representative (variable).
Based on assumed credit limit of £1,200 and a purchase rate of 21.9% p.a (variable).
Control your cashflow with a card that's fast, smart and safe
- Make fast, secure contactless payments using Apple Pay and Google Pay
- Track and control your spending with our app and Business Internet Banking
- Help protect your business from fraud with the latest chip and PIN technology from Mastercard Identity Check
Get more good stuff
Mastercard Business Savings gives you extra rewards on top of your cashback from us!
Earn additional cashback when you use your card on business expenses, including software, hotels, restaurants and much more…
Mastercard Business Savings terms and conditions- Use your business cards to get rewards like:
- 25% back on Slack
- 20% back on Dropbox
- 5% back on Microsoft Advertising
- 5% back on Avis car rental in the UK
How your Business Credit Card works
Before you apply, check out the key details...
You get 1% cashback on your Business Credit Card spending. There’s no need to apply – you start benefitting straight away. But you can opt out of cashback at any time if you want.
Business Credit Card cashback exclusions
- Money transfers within the UK or internationally
- Cash transactions or deposits into bank accounts
- Gambling or purchasing of cryptocurrency
- Tax payments
- Debt repayments, including car loan repayments
- Payments to another Mastercard account
- Purchase of financial products, including traveller’s cheques, foreign currency, prepaid store cards, and stocks and shares
If you pay your balance in full and on time, you can get up to 59 days interest-free credit on your business spending. But there’s no interest-free period on cash advances.
27.7% APR Representative (variable).
There’s no annual fee to pay in your first year. After this, the annual fee for each credit card is £28.
You may have to pay other fees for using your credit card, such as for:
- cash advances = 3% (minimum fee = £3)
- late payment = £12
- going over your credit limit = £12
- non-sterling transactions = 2.95%. We will not charge this if the transaction is in Euros, Swedish Kronor or Romanian Lei and it takes place in the UK or European Economic Area (EEA)
Your credit card account has an agreed total credit limit. You request this when you apply. You can then split your total limit across as many cards as you want.
And if you need more cards, just fill in our cardholder application form.
Business Credit Card cardholder application form Link opens in a new window(PDF, 312KB)
To get a Business Credit Card, you need to be a UK resident aged 18 or over and have one of our business current accounts. And your business needs to have been actively trading for at least 12 months.
Credit is subject to status.
To lend your business money, we may need a personal guarantee from you or someone else. Or security from your business or a guarantor. We may not be able to lend to your business without it.
Your business and guarantor should get legal advice before providing a guarantee or security. If your business breaks its borrowing agreement, your assets will be at risk. They may be sold to repay the business or guarantor’s debt. This includes property. You can’t use a main home (often called a principal private residence) as security for this scheme.
Security and guarantees reduce our lending risk. They remain in place until your business repays all its debt to us.
You can find out more about personal guarantees on the UK Finance website.
Arrangement and other fees may apply.
(PDF, 255KB)
Apply for your credit card
Control your cashflow with a fast, flexible Business Credit Card.
Apply nowThe legal bits
Your Business Credit Card will be automatically enrolled into this Cashback programme, but if you want to opt out you can.
By continuing to use your card you accept the terms that apply to Cashback.
Here are the terms you need to know:
- Business Credit Card customers will earn 1.00% back on what you spend using your Credit Card with eligible spend, with no cap. The Cashback doesn’t come from the merchants where you have made a purchase, it comes from Virgin Money as a benefit of using your Credit Card. We add the Cashback credit monthly to your Business Credit Card account.
- Each Credit Card will be automatically enrolled – you don’t need to do anything.
- Should you not wish to receive this Cashback benefit, you can opt out by:
- Contacting us via Secure Chat on Business Internet Banking or call us on 0800 756 0800, between 8am to 6pm, Monday to Friday. You'll need your Credit Card handy when you get in touch.
- If we send you a new Business Credit Card, it will automatically be registered for Cashback. You'll need to opt out again if you don't want your replacement Credit Card to be enrolled for Cashback.
- Any additional cardholders linked to your Business Credit Card account will earn Cashback. They'll need to be opted out individually if you do not wish to receive the Cashback benefit.
- Not all Business Credit Card transactions are eligible for Cashback. Some exclusions do apply like transactions with gambling businesses, any tax related payments, payments made via a third-party payment service, and money transfers. Payments which are cancelled, reversed or refunded are also excluded. The exclusions are:
- Transfer of money (within the UK and/or international)
- Cash transactions and deposits into bank accounts
- Gambling & purchasing of Cryptocurrency
- Tax Payments
- Debt repayment (including car loan repayment)
- Payment transactions to another Mastercard account
- Purchase of Financial products (including Traveller’s cheques, foreign currency, prepaid store cards, stocks & shares
- This Cashback benefit is linked to your Business Credit Card and is a standalone programme. However, if eligible, you may receive other benefits from using your Business Credit Card as part of Virgin Money’s Mastercard Business Savings programme.
- Your cashback is normally credited to your account by 5th of the following month when you spend on your business credit cards (it might be earlier or later).
- Your new Business Credit Card(s) will be automatically enrolled for Cashback after your old one is cancelled. Any Cashback earned but not already paid on a lost or stolen card will be lost.
- If you close your account and your Business Credit Card(s) is (are) cancelled, then you'll lose any Cashback earned but not already paid.
- If we cancel your Business Credit Card(s) then you will lose any Cashback earned but not already paid.
- We can withdraw this offer and/or change the terms relating to Cashback (including the rate paid, the exclusions and the cap) at any time. You may not receive notice of this, and any unpaid Cashback may be lost.
Your Business Credit Card will be enrolled in this programme automatically, but if you want to opt out you can.
By continuing to use your Business Credit Card you accept the terms that apply to Virgin Money’s Mastercard Business Savings (Business Savings).
Here are the terms you need to know:
- You will earn rebates direct from participating merchants on eligible spend on your Business Credit Card. No codes or coupons are required - rebates are automatically provided. The rebate amount will be paid directly to your account around 3 days following the qualifying transaction. Find out which retailers are participating and the rebates being offered at https://www.priceless.com/business-savings Link opens in a new window
- Mastercard’s terms and conditions apply to this programme.
- The businesses offering rebates (and the amount of those rebates) will change from time to time without notice. We don’t control that.
- Each Credit Card will be automatically enrolled – you don’t need to do anything.
- By participating in Business Savings, you accept these terms. If you don’t want to accept these terms, you can opt out of Business Savings by:
- Contacting us via Secure Chat on Business Internet Banking or call us on 0800 756 0800, between 8am to 6pm, Monday to Friday. You'll need your Business Credit Card handy when you get in touch.
- If we send you a new Credit Card it will automatically be registered for Business Savings. You'll need to opt out again if you don't want your replacement Business Credit Card to be enrolled for Business Savings.
- If you have additional cardholders, they too can benefit from Business Savings. They'll need to be opted out individually if they don't wish to receive the Business Savings benefits.
- The Business Savings programme is linked to your Business Credit Card and is a standalone programme. However, if eligible, you may receive other benefits from using your Business Credit Card as part of Virgin Money’s Cashback programme.
- We can withdraw from offering Business Savings and/or change the terms relating to the programme (including changing the retailers and the rebate being offered) on your Business Credit Card at any time. You may not receive notice of this and any unpaid rebate may be lost.
(PDF, 378KB)
Business Credit Card terms and conditions – Limited Companies, LLPs and Large Partnerships Link opens in a new window(PDF, 451KB)
You will not be able to transfer a balance from another card to this Business Credit Card.
Credit is available, subject to status.
When you apply for a credit card, we check your credit report to ensure we are lending responsibly. This check stays on your credit report. It may be used by other providers to decide whether to offer you their lending products.
The Business Credit Card is issued by Clydesdale Bank plc (trading as Virgin Money). Registered in Scotland (Company No. SC001111). Registered Office: 177 Bothwell Street, Glasgow, G2 7ER. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.