Allied Irish Bank (GB) business credit cards

Existing Allied Irish Bank (AIB) business banking customers can manage day-to-day business expenses with an AIB Visa credit card.

Updated

AIB offers a small, straightforward business credit card range for companies with employees who incur business expenses. You can choose simplicity, with a straightforward charge card or perks, with a premium card offering benefits such as breakdown cover and travel benefits through the Visa Luxury Hotel Collection.

AIB business cards: Features and benefits

Here’s an overview of what you can get if you apply for an AIB business card:

  • Joining fee and annual fee. In order to get the card, you’ll have to pay a one-off fee when your application is accepted. Apart from that, AIB business credit cards have a fixed annual fee that depends on the card you choose.
  • Credit limit. Credit limits start from £500, while the maximum depends on your company’s credit status. If more than one of your employees needs a business credit card, you can set different credit limits for each of them.
  • Contactless payments. As you’d expect, staff will be able to use their cards for contactless payments up to £30.
  • Direct debit repayment. AIB collects monthly repayments directly from your AIB business account and sends you a bank statement for each of your employees.
  • 24-hour customer service. If something goes wrong and you need help, you can talk to someone on the phone 24 hours a day, 7 days a week.
  • Misuse protection. If an employee to whom you gave the card misuses it, in some cases you’re entitled to a reimbursement from AIB.
  • Additional perks. If you opt for one of AIB’s more premium business cards, it’ll cost you more, but comes with a bunch of extra features, like VIP treatment at a selection of hotels.

What's the difference between a charge card and regular credit card?

With a charge card, you’re expected to clear your balance in full every month. As such, these cards don’t charge interest, although there are usually harsh fees if you fail to clear your balance. The benefits of charge cards include flexibility over payments (purchases at the start of the billing cycle are paid for at the end of the billing cycle) and in some cases, rewards on your spending. However, charge cards can come with a monthly or annual fee attached and do not usually offer purchase protection under section 75 of the Consumer Credit Act.

While charge cards are fairly rare in the consumer space, they’re more prevalent in business banking.

How to compare AIB business cards

There’s no single right credit card for every company. Before making a financial choice of any kind you should really think about your business’s needs and expectations.

The cards in AIB’s business range are designed to suit different needs, so chances are you’ll be able to identify which works best for you by looking at the spending habits of the employees who’ll be using them.

For example, if the person who’s going to use the card doesn’t need to travel much for business, the costs of a more premium option might not be worth shouldering, and they’re probably fine with a more basic option.

Compare business credit and charge cards

Table: sorted by interest rate on purchases.
Data indicated here is updated daily
Name Product Purchases Annual/monthly fees Rewards earn rate Rep. APR Link Incentive Representative example
Capital on Tap Business Credit Card
22.9%
£0
N/A
22.9% (variable)
Upgrade to Capital on Tap Business Rewards Card for £99 pa to earn 1 point for every £1 spent. 1 point can be redeemed for either 1 Avios or 1p in cashback. 10,000 bonus points when £5,000 spent in first 3 months. Up to 20 free supplementary cards available.
Representative example: When you spend £1,200 at a purchase rate of 39.9% (variable) p.a., your representative rate is 39.9% APR (variable).
Capital on Tap Business Rewards Credit Card
39.41%
£99 p.a.
1 point per £1 spent
39.9% (variable)
Earn 1 point for every £1 spent. 1 points can be redeemed for either 1 Avios or 1p in cashback. 10,000 bonus points when £5,000 spent in first 3 months. Up to 20 free supplementary cards available.
Representative example: When you spend £1,200 at a purchase rate of 39.9% (variable) p.a., your representative rate is 39.9% APR (variable).
British Airways American Express Accelerating Business Card
22.2%
£210 per annum
1.5 points per £1 spent
80.3% (variable)
Earn 1.5 On Business Points for every £1 spent with BA on eligible flights and 1.5 Avios for every eligible £1 spent on credit card. Earn an extra 3,000 On Business Points annually when £20K or more spent by card anniversary.
Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a. with a fee of £210 per annum, your representative rate is 80.3% APR (variable).
American Express Gold Business Card
N/A (this product is a charge card).
Year 1 - £0, Year 2 onwards - £125
1 point per £1 spent
N/A (this product is a charge card).
Earn 20,000 bonus Membership Rewards® points when you spend £3,000 in first 6 months of Card membership. Earn 1 Membership Rewards® point for every £1 spent thereafter.
American Express Platinum Business Card
N/A (this product is a charge card).
£595 p.a.
1 point per £1 spent
N/A (this product is a charge card).
Earn 18,000 Membership Rewards points for each approved referred friend.
Metro Bank Business Credit Card Mastercard
14.9%
£0
N/A
14.9% (variable)
Representative example: When you spend £1,200 at a purchase rate of 14.9% (variable) p.a., your representative rate is 14.9% APR (variable).
HSBC Commercial Credit Card Visa
15.9%
Year 1 - £0, Year 2 onwards - £32 per annum
N/A
22% (variable)
Identity Theft Assistance helpline and online tool. Liability Waiver for companies who have two or more cardholders. 24 hour customer service support.
Representative example: When you spend £1,200 at a purchase rate of 15.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £32 per annum, your representative rate is 22% APR (variable).
Bank of Scotland Business Credit Card Mastercard
17.57%
£32 per annum
N/A
22.4% (variable)
Representative example: When you spend £1,200 at a purchase rate of 17.57% (variable) p.a. with a fee of £32 per annum, your representative rate is 22.4% APR (variable).
Clydesdale Bank Business Mastercard
16.9%
Year 1 - £0, Year 2 onwards - £28 per annum
N/A
22.4% (variable)
Receive discounts at participating retailers with the Mastercard Business Savings scheme.
Representative example: When you spend £1,200 at a purchase rate of 16.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £28 per annum, your representative rate is 22.4% APR (variable).
Lloyds Bank Business Credit Card Mastercard
17.57%
£32 per annum
N/A
22.4% (variable)
Representative example: When you spend £1,200 at a purchase rate of 17.57% (variable) p.a. with a fee of £32 per annum, your representative rate is 22.4% APR (variable).
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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.

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