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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

Flexibility built in

One account, unlimited cards

No annual fee in year 1

Benefit from no annual fee in your first year

Cashback terms and exclusions apply

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 limits, not your people

Give your team the freedom to spend, while keeping everything in one place.

How it works

Your Business Credit Card account has one, shared credit limit. Because it's shared, spending on one card reduces the credit available to others and to the business as a whole.

As long as they’re 18 or over, you can add as many cardholders as you like and set an individual limit for each one. The business remains responsible for paying off any outstanding balance.

Managing credit limits

Let’s say your business has a credit limit of £10,000. You might split it like this:

  • Emma – £5,000
  • Sayjal – £3,000
  • Taylor – £2,000

If Emma and Sayjal together spend a total of £6,000, the credit available to your business falls to £4,000.

Emma and Sayjal’s individual limits reset at the point of billing, when your monthly statement is generated.

However, even though the individual credit limits have reset, your business still only has £4,000 available to spend. This applies until the £6,000 outstanding balance is paid.

If you already have a Business Credit Card with us, add someone new to your account by completing our cardholder application form.

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
View all participating businesses

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 Business Credit Card account has one overall credit limit.

You can add cardholders and give each person their own spending limit.

If you already have a Business Credit Card with us, add someone new to your account by completing our cardholder application form.

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.

If you're a big business with lots of credit cards, Smart Data can help you manage your card spending. You get online access to expense data with reporting for every credit card in your business.

But remember, you can use our app and online banking 24/7 to manage your credit cards, track spending, access statements and connect to online accountancy software.

For help with Smart Data, talk to your relationship manager or phone us 8am to 8pm Monday to Friday on 0800 756 0800.

If you already use Smart Data, you can sign in on the business sign-in page.

Business Credit Card summary box

(PDF, 255KB)

Apply for your credit card

Control your cashflow with a fast, flexible Business Credit Card.

Apply now

The 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
  • 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.
Business Credit Card terms and conditions – Sole Traders, Small Partnerships and Clubs

(PDF, 378KB)

Business Credit Card terms and conditions – Limited Companies, LLPs and Large Partnerships

(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 Nationwide Building Society (trading as Virgin Money). Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 106078. Credit facilities other than regulated mortgages and regulated credit agreements are not regulated by the Financial Conduct Authority. Head Office: Nationwide House, Pipers Way, Swindon, Wiltshire, SN38 1NW

Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.