Best business credit cards for startups

Find a credit card that's best tailored to the demands of your new business.

Promoted for no fee
Capital on Tap Business Credit Card (+optional Business Rewards) logo
Finder Award
Capital on Tap Business Credit Card (+optional Business Rewards)
Go to site
35.15% APR representative variable
Uncapped 1% cashback
Finder score:
★★★★★
Uncapped cashback
Redeem points for Avios
Exclusive business offers
Promoted for cashback
Barclaycard Payments Select Cashback Business Credit Card  logo
Barclaycard Payments Select Cashback Business Credit Card
Go to site
27.5% APR representative variable
Welcome bonus of up to £100*. T&Cs apply. Apply by 13.12.23
Finder score:
★★★★★
1% cashback on eligible spend
Exclusive business offers
Apple pay enabled
Promoted for Membership Rewards®
American Express Business Gold Card logo
Finder Award
American Express Business Gold Card
Go to site
Product is a charge card. No annual fee in year 1, £195 thereafter.
Up to 20,000 Membership Rewards® welcome bonus
Finder score:
★★★★★
Welcome bonus offer
Earn points on eligible spending
No annual fee in the first year
Promoted for cashback
Funding Circle FlexiPay Business Credit Card logo
Funding Circle FlexiPay Business Credit Card
Go to site
33.4% APR representative variable
1.25% cashback on eligible spend
Finder score:
★★★★★
Earn cashback on all business purchases
No annual or set up fees
Manage and track business expenses in one place
reviews.io logo
★★★★★
1100+ customer reviews
Table: promoted then other popular deals
Name Product Ratings Finder rating Customer rating Turnover/trading criteria Annual/monthly fees Rewards earn rate Representative APR Link Key benefit Representative example
Capital on Tap Business Credit Card
Finder score
★★★★★
User survey
★★★★★
★★★★★
Expert analysis
★★★★★
User rating
£24,000 minimum yearly turnover,
no specified minimum time trading
£0
1 point per £1 spent
35.15% APR (variable)
Go to siteView details
Earn 1 point for every £1 of card spend. Redeem 1 point for 1p (1% cashback)
Representative example: When you spend £1,200 at a purchase rate of 35.15% (variable) p.a., your representative rate is 35.15% APR (variable).
CASHBACK
Barclaycard Payments Select Cashback Business Credit Card
Finder score
★★★★★
★★★★★
Expert analysis
★★★★★
User rating
£10,000 minimum yearly turnover,
no specified minimum time trading
£0
1% cashback uncapped
27.5% APR (variable)
Go to siteView details
You could receive an extra £100 if you spend £5,000 or more in your first 3 statement months. T&Cs apply. Apply by 13 December 2023.
Representative example: When you spend £1,200 at a purchase rate of 27.5% (variable) p.a., your representative rate is 27.5% APR (variable).
CASHBACK
Moss Business Card
Finder score
★★★★★
★★★★★
Expert analysis
Not yet rated
No specified minimum yearly turnover or time trading
Subject to plan
N/A
N/A (this product is a charge card).
Go to siteView details
Capital on Tap Business Credit Card (+optional Business Rewards)
Finder score
★★★★★
User survey
★★★★★
★★★★★
Expert analysis
★★★★★
User rating
£24,000 minimum yearly turnover,
no specified minimum time trading
£99
1 point per £1 spent
35.15% APR (variable)
Go to siteView details
Representative example: When you spend £1,200 at a purchase rate of 35.15% (variable) p.a., your representative rate is 35.15% APR (variable). Optional upgrade to Business Rewards (£99 per year).
loading
There are a number of reasons why startups are different from established businesses. Their credit needs are no exception.

If you own a startup and are looking for a new business credit card, you’ll want one that can help you manage your cash flow, while offering a low rate if you need to sometimes carry a balance. You might even want a card that lets you earn rewards on your spending.

Most importantly, you want to spend as little time as possible managing your credit card – you’re busy enough running your business. Although we can’t guarantee you’ll get all that, we do have a few suggestions on how to find a suitable credit card.

How to choose the best business credit card for startups

This will depend on the type of business you run and what you want to use your card for. If you think you might carry a balance on the card from time to time, you’ll want to look for a card that offers a competitive interest rate.

Alternatively, if you know you can clear your balance in full each month, but you’re likely to use the card often, you may want to seek out a business credit card that offers great rewards.

Overall, you’ll need to work out which features are the most important to you and look for the most suitable card. Here’s a list of features you may want to consider while comparing products:

  • Annual fee. This is the annual cost of your credit card, no matter how much you use it. You’ll have to include it in your budget, so it’s a core factor to look at. For example, British Airways Accelerating Business Card charges a £250 annual fee.
  • Interest rate on purchases. If you’re positive you’ll pay your credit card bill in full every month, this is a secondary concern. But if you can’t, the interest rate is important because it tells you how much borrowing money with the card will cost your startup. Typically the interest rate will be above 20% annually
  • Facilities. Can the card be managed online or from your smartphone? Is the app good? Can you connect it to your accounting software? This is of utmost importance if you own a startup because it can save you a considerable amount of time.
  • Rewards. These are for startups that plan to spend quite a lot on the credit card.
  • Additional cards. If you’re planning to give a card to other people in your team, don’t forget to check how much it’s going to cost you.
  • Foreign transaction fees. If you travel often for business purposes, you want a credit card with no foreign transaction fees. Most business cards charge 3% of every transaction, which can easily amount to a small fortune in fees if you’re not careful. The Capital on Tap Credit Card is a popular choice for startups that frequently spend in other currencies.
Capital on Tap Business Credit Card

Capital on Tap Business Credit Card

  • Get up to £250,000 to grow your business.
  • Earn 1% cashback for every £1 spent.
  • Enjoy up to 56 days interest-free on purchases.
  • No application fees or non-sterling transaction fees.

Representative example: When you spend £1,200 at a purchase rate of 35.15% (variable) p.a., your representative rate is 35.15% APR (variable).

Promoted

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

More guides on Finder

One Response

    Default Gravatar
    StephanieFebruary 25, 2023

    Thanks for information

Go to site