Interest-free business credit cards

0% deals are few and far between when it comes to business credit cards, but they may still be able to add flexibility into your cash flow at no cost.

Whether you run the most fashionable restaurant in Soho or a local pub in the Highlands, a 0% business credit card can always come handy. But while there's no shortage of 0% deals in the personal credit card space, don't expect fireworks from business credit cards. There aren't many 0% cards to choose among and the interest-free period isn't especially long. Still, there are a few available, and some low-ongoing-rate deals too. Let's see if we can help you find one that suits your business.
1 - 10 of 10
Name Product Purchases Annual/monthly fees Rewards earn rate Representative APR Link Key benefit Representative example
NatWest Business Credit Card (only available to existing business customers)
16.9%
Year 1 - £0, Year 2 onwards - £30 per annum
N/A
24.3% APR (variable)
Go to site
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 - £30 per annum, your representative rate is 24.3% APR (variable).
RBS Business Credit Card (only available to existing business customers)
16.9%
Year 1 - £0, Year 2 onwards - £30 per annum
N/A
24.3% APR (variable)
Go to site
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 - £30 per annum, your representative rate is 24.3% APR (variable).
CASHBACK
Barclaycard Premium Plus Business Credit Card Mastercard
0% for 6 months reverting to 14.9%
£150 per annum
0.5% cashback
49.4% APR (variable)
2 complimentary airport lounge passes annually, worldwide travel cover, discounted forex rates plus 0.5% cashback on eligible spend with a cap of 400 per year. T&Cs apply
Representative example: When you spend £1,200 at a purchase rate of 14.9% (variable) p.a. with a fee of £150 per annum, your representative rate is 49.4% APR (variable).
Metro Bank Business Credit Card Mastercard
14.9%
£0
N/A
14.9% APR (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% APR (variable)
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).
Clydesdale Bank Business Credit Card
16.9%
Year 1 - £0, Year 2 onwards - £28 per annum
N/A
22.4% APR (variable)
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).
Yorkshire Bank Business credit card
16.9%
Year 1 - £0, Year 2 onwards - £28 per annum
N/A
22.4% APR (variable)
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% APR (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).
Bank of Scotland Business Credit Card Mastercard
17.57%
£32 per annum
N/A
22.4% APR (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).
Santander Business Cashback Credit Card Mastercard
18.9%
£30 per annum (per business, not per card)
1% cashback
23.7% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 18.9% (variable) p.a. with a fee of £30 per annum, your representative rate is 23.7% APR (variable).
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Business 0% purchase credit cards

Just like with personal credit cards, these business credit cards charge no interest on new purchases for the length of the introductory period. If you’re planning a big purchase or facing an emergency of some kind, they make a handy (and cheap) way of spreading out its cost over the course of a few months.

However, while with personal credit cards the length of the 0% period easily gets to double digits, 0% deals on business credit cards don’t normally last longer than 6 months. If you need more than that, you may want to consider a different form of business finance.

When will I be charged interest on a 0% purchase business credit card?

While you’re off the hook as far as new purchases go, in some cases you can still be charged interest on your 0% purchase business credit card. Specifically:

  • After the end of the 0% period. Sorry for playing Captain Obvious here, but don’t forget that the 0% deal won’t last forever. Once it’s over, any remaining balance will accrue interest at the card’s standard rate.
  • On cash advances. 0% deals don’t usually apply to cash advances. On the contrary, these will usually start accruing interest on the very same day they’re taken out.
  • If you don’t meet the minimum payment. Even with a 0% purchase credit card, you still need to make payments every month and meet the minimum payment at the very least. If you don’t, you could be charged a late payment fee, your 0% offer could be withdrawn and your credit score could be impacted.

Finally, keep in mind that 0% purchase business credit cards don’t usually allow balance transfers.

Business credit cards with interest-free days

While 0% deals are quite rare, pretty much all business credit cards offer fairly long billing cycles – up to 56 days. This means that your January credit card payment won’t be due until towards the end of February, and so on.

In practice, if you buy something expensive on the very first day of your billing cycle, you could have 55 days to pay it back before it starts accruing any interest. Conversely, if you buy it on the last day of the month (say, on the 30), you’ll still have 25 days before your payment is due. Be aware that interest-free days only apply if you clear your balance in full every month.

While not as long as a 0% deal, this feature can help you even out your business cash flow without costing you a penny. You can achieve that by shuffling your invoice payments around a bit and timing them accordingly. For example, you could schedule a regular incoming payment from a big client a few days before your credit card statement is due and use it to pay back your balance.

What does “up to 55 days interest-free” really mean?

How about business balance transfer credit cards?

Long story short, there are no 0% deals for balance transfers in the business credit card space. Yeah, it’s sad, we know.

Good news is, many business credit cards let you do a balance transfer, and some even offer 0% balance transfer fees, so if you’ve got a bulky balance to pay back on a business credit card that charges a hefty interest rate, you’re not completely out of options.

You’ll still have to pay interest, but you may qualify for a card that offers a cheaper rate and be able to move your balance fee-free. However, the savings will be less spectacular than with a 0% offer. You do need to do your maths and make sure you’re definitely moving to a better deal.

Compare business balance transfer credit cards

How do I compare 0% business credit cards?

There is only so much comparing you can do with so little choice, but still, you should consider the following factors:

  • Length of the 0% period. This is pivotal to draft your budget and decide if a credit card will do the trick and give you enough time to pay back your purchase.
  • Revert rate. Since business 0% deals aren’t very long, this is an especially important factor. It tells you how much you’ll be charged in interest once the intro period is over.
  • Annual fee. Many business credit cards charge one. Make sure the savings you’re planning to make thanks to your 0% card outweigh this cost.
  • Rewards and perks. Some business credit cards have rewards programmes or offer nice perks, like airport lounge access. They’re worth taking into account and could also make the annual fee more worth it.

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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