Clydesdale Bank Business Credit Card review January 2020
Keep up to date with accounting information and stay in control of your expenses with Clydesdale Bank.
Up to 59 days
Interest-free each billing period
Minimum credit limit
|Annual/monthly fees||Year 1 - £0, Year 2 onwards - £28 per annum|
|Purchases interest-free period||Up to 59 days|
|Min. credit limit||£500|
|Max credit limit||Not specified|
|Incentive||Receive discounts at participating retailers with the Mastercard Business Savings scheme.|
With an annual fee that’s waived in the first year, Clydesdale Bank offers a straightforward business Mastercard with impressive reporting, account summaries and custom alerts for transactional information.
Provided you clear your balance in full and on time each month, your business can take advantage of up to 59 days of 0% interest on your sterling purchases. You’ll also automatically receive special discounts at a range of participating retailers with the Mastercard Business Savings scheme.
How does this deal compare with other business cards?
When it comes to repayments, you can make manual repayments online or over the phone (0800 032 3971), or alternatively set up a direct debit. A direct debit is a great idea because it protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee or losing any promotional rates as a result. You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.
Choose from the following direct debit options for your monthly repayments:
|Minimum amount||Fixed amount||Fixed percentage||Full amount|
How to apply for the Clydesdale Bank Business Credit Card
If you’ve compared cards and want to apply, completing the secure online application form takes about 15 minutes. Before you apply, check that your company meets the eligibility requirements and have the information and documents you’ll need to make the process as straightforward as possible.