Must read: Business Credit Card by TSB discontinued
As of June 2019, this card has been discontinued and is no longer available. However, this information has been kept for historical purposes. You can use this page to browse the range of credit cards currently available from TSB and to compare similar cards from other issuers.
In return for a fee of £0, TSB offers a straightforward Visa business card with a tailored credit limit between £50 and £25,000.
Provided you clear your balance in full and on time each month, your business can also to take advantage of up to 45 days of 0% interest on your sterling purchases.
|Purchases interest-free period||Up to 45 days|
|Min credit limit||£50|
|Max credit limit||Subject to status: £25,000|
|Additional cards available||20|
|Minimum monthly payment||5% or £5 (whichever is greater)|
|Foreign usage charge (EU)||2.95%|
|Foreign usage charge (rest of world)||2.95%|
|Cash advance fee||2.5% (min. £2.5)|
|Late payment fee||£12|
|Duplicate statement fee||£6|
|Exceeding limit fee||£12|
|Additional card fee||£0|
Representative example: When you spend £1,200 at a purchase rate of 17.6% (variable) p.a., your representative rate is 17.6% APR (variable).
Compare TSB credit cards
Table: sorted by representative APR, promoted deals first
How does this deal compare with other business cards?
Table: sorted by interest rate on purchases.
When it comes to repayments, you can make manual repayments online or over the phone (0345 835 3858), 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:
How to apply for the TSB 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 that you have the information and documents you’ll need to make the process as straightforward as possible.