Compare business charge cards

Business charge cards can help you manage work expenses, track employee spending and even benefit from rewards and discounts.

Business charge cards offer a range of benefits that could be useful to you and your employees. We take a closer look at how they work and how they compare to business credit cards.

1 - 9 of 9
Name Product Finder score Purchases Annual / Monthly fees Rewards earn rate Representative APR Link Key benefit Representative example
American Express Business Gold Card
4.0
★★★★★
N/A (this product is a charge card).
Year 1 - £0, Year 2 onwards - £195
1 point per £1 spent
N/A (this product is a charge card).
Go to siteCard details
Earn 20,000 bonus Membership Rewards® points when you spend £3,000 in the first 3 months. Terms apply.
Barclaycard Select Charge Card
3.5
★★★★★
N/A (this product is a charge card).
£42 per annum
N/A
3.6% APR (variable)
Go to siteCard details
Access exclusive offers through Barclaycard business rewards. Including, but not limited to, exclusive pre-sale tickets plus discounts on hotel bookings, dining out and car hire. Terms apply.
American Express Business Platinum Card
3.5
★★★★★
N/A (this product is a charge card).
£650
1 point per £1 spent
N/A (this product is a charge card).
Go to siteCard details
Earn 40,000 bonus Membership Rewards® points when you spend £6,000 in the first 3 months. Terms apply.
Allstar Plus ‘All-in-one’ Business Fuel Card
4.0
★★★★★
N/A (this product is a charge card).
£3.99 per card per month
N/A
N/A (this product is a charge card).
Card details
Up to 44 days interest free on purchases (subject to status), savings on fuel at 1,600 discount diesel sites plus a 10% saving on Service, Maintenance & Repair at selected merchants (Arnold Clark, IMO Car Wash, National Tyres, Halfords).
Debite corporate card
4.0
★★★★★
N/A (this product is a charge card).
£0
N/A
N/A (this product is a charge card).
Card details
CASHBACK
Jeeves Business card
4.0
★★★★★
N/A (this product is a charge card).
£0
2% cashback on all spend with selected partners
1% cashback elsewhere
N/A (this product is a charge card).
Card details
Earn up to 2% cashback on all your advertising spending in the first 90 days, up to 1% cashback thereafter, and 1.5% cashback on spend with Google, Amazon, Meta. Terms apply.
CASHBACK
Juni Business Card (only for ecommerce companies)
4.0
★★★★★
N/A (this product is a charge card).
£0
1% cashback
N/A (this product is a charge card).
Card details
Made for ecommerce companies only. Earn 2% cashback for your first 30 days, up to 1% thereafter on all eligible Juni card spend.
Moss Business Card
3.5
★★★★★
N/A (this product is a charge card).
Subject to plan
N/A
N/A (this product is a charge card).
Card details
Payhawk Corporate Visa Card
4.0
★★★★★
N/A (this product is a charge card).
Subject to subscription
1% cashback
N/A (this product is a charge card).
Card details
Earn up to 1% cashback on all eligible card spend up to the amount of your subscription.
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Approval for any credit card depends on your status. The representative APRs shown represent the interest rate offered to most successful applicants. Depending on your personal circumstances, the APR you're offered may be higher, or you may not be offered credit at all. Fees and rates are subject to change without notice. It's always wise to check the terms of any deal before you borrow.

What are business charge cards and how do they work?

A business charge card offers short-term, interest-free funding. You can use a business charge card in the same way as a credit card, but they tend to offer higher spending limits, making them useful for large purchases.

The balance on a charge card must be repaid in full each month – you cannot carry it over from month to month as you can with a traditional credit card. The advantage of this is that there’s no risk of you getting into debt. But it also means your organisation must have the financial stability to clear the balance each billing cycle, which will typically be between 25 and 51 days.

Although there is typically no interest to pay with a charge card, if you don’t pay off your balance in full each month, you will be charged a late payment fee. This can often be higher than the amount of interest you would be charged on a credit card. Late payments can also have a negative affect on your credit rating and could impact your future borrowing ability.

Many business charge cards offer a host of benefits and rewards. These can include:

  • Travel insurance
  • Free access to airport lounges
  • Breakdown cover
  • Access to events
  • Concierge services
  • Cashback
  • Reward and discount schemes to help your business save money.

In return, you will usually need to pay a hefty annual fee – often £100 or more.

What can you use a buisness charge card for?

You can use a charge card to pay for anything from business travel and invoices to, office supplies and equipment. You can also give your employees their own charge card to pay for work expenses. Some providers even allow you to set different spending limits for each employee, and offer expense tracking tools to help you monitor what your employees are spending.

You can use business charge cards in certain shops and restaurants, online, in cash machines and over the phone. You can also use them abroad, although fees may apply.

Business charge cards pros

There are several benefits to using a business charge card, including:

  • Lower risk of getting into debt
  • Rewards and benefits often included
  • High spending limit
  • No interest to pay
  • Can help businesses monitor employee spending

Business charge cards cons

Of course, there are also a number of drawbacks that you’ll need to consider if you’re thinking of applying for a business charge card. These include:

  • Annual fees can be high
  • You must repay the balance in full each month
  • High late payment fees
  • Not accepted everywhere
  • No Section 75 purchase protection

Charge cards vs business credit cards

Although business charge cards work in a similar way to business credit cards, there are some important differences.

For a start, there is no line of revolving credit with a charge card. You must pay off your balance in full each month and no interest will be charged as a result.

With a credit card, you can carry over the balance from month to month, making it a more flexible option. Credit cards enable you to choose how much you want to repay each month, provided it is at least the minimum monthly amount printed on your statement. If you don’t pay off the amount in full, interest will usually be charged on the remaining balance, unless you have taken advantage of a 0% deal.

Unlike charge cards, credit cards also come with a credit limit, which is effectively a limit on the amount you can spend. This will be based on your credit score and income and can vary between a few hundred to a few thousand pounds.

It’s important to weigh up these differences when deciding whether a charge card or credit card would be better for your business.

Finally, be aware that neither business charge cards nor business credit cards offer purchase protection under Section 75 of the Consumer Credit Act. This only applies to personal credit cards, not business cards.

In some cases, your business charge card provider might offer purchase protection insurance instead, but cover limits are likely to be much lower and you will usually have to pay an excess to claim. You will also typically only be covered for theft and accidental damage.

Bottom line

Business charge cards can be a great way for your business to earn rewards or benefit from perks, but it’s important to understand that they work differently to business credit cards. Crucially, you must be able to repay your balance in full each month as you won’t be able to carry it across into the following month as you can with a credit card.

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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