The TSB Business Credit Card is issued on the Visa network (used by a whopping 4.2 billion cards), so you'll be able to use it at more than 100 million merchant locations across more than 200 countries and territories.
Capital on Tap Business Credit Card
- Get up to £250,000 to grow your business.
- Earn 1% cashback for every £1 spent.
- Enjoy up to 56 days interest-free on purchases.
- No application fees or non-sterling transaction fees.
Representative example: When you spend £1,200 at a purchase rate of 35.15% (variable) p.a., your representative rate is 35.15% APR (variable).
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.
Pros and cons
- Up to 45 days to spread the cost of purchases (provided you pay off your balance in full each month)
- No annual fee
- A relatively low 17.6% interest rate on purchases
- Applicants with low credit scores are unlikely to be eligible
- You may be offered an opening credit limit as low as £50
Other business cards
Table: promoted then other popular deals
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.
You can make manual repayments through TSB's app by logging in to your online banking or over the phone (0345 835 3858). Alternatively, you may wish to set up a direct debit.
A direct debit protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee (£12) 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
Sorry – TSB is no longer accepting applications for this card. However you may wish to consider one of the alternatives listed above.
Frequently asked questions
What credit limit will I get with the TSB Business Credit Card?
If TSB is able to offer you this deal, the offer will specify a tailored credit limit based on TSB's assessment of your situation and your business. The minimum limit offered on the card is £50, while the maximum is £25,000. Once you've had the card for a while and shown TSB that you're reliable, you may wish to apply for a credit limit increase.
Can I withdraw cash using the TSB Business Credit Card?
Although it's possible, withdrawing cash from a credit card account is generally not a good idea, as "cash-like transactions" (such as withdrawing cash at an ATM, getting cashback at the till, spending at a casino or buying currency) often incur steep fees and/or higher rates of interest.
The cash advance fee on the TSB Business Credit Card is 2.5% (min. £2.5). For example, if you withdraw £50, you'll incur a fee of £2.50. Withdraw £250 and you'll incur a fee of £6.25.
The interest rate on this part of your balance will be 17.6% (chargeable from the day of the transaction – the card's usual "up to 45 days interest-free" grace period won't apply).
How much does it cost to use the TSB Business Credit Card abroad?
Non-sterling transactions are subject to a 2.95% charge. For example, if you spend 200 euros (£174.06), it'll cost you around £5.13 in fees.
What is the minimum payment on the TSB Business Credit Card?
Each month you must pay at least 5% of your balance at that point or £5.00 – whichever of the 2 figures is greater. So if you had, say, £90.00 outstanding, you'd pay £5.00, and if you had £400.00 outstanding, you'd pay £20.00.
Paying only the minimum required amount each month is generally not advisable as it tends to be a very expensive way to borrow money which can lead to persistent debt.
Can I get additional TSB Business Credit Cards for my team?
Yes, you can request up to 20 more. There's no fee for additional cards.
Finder credit card ratings
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
Our experts score business credit and charge cards to determine their value against similar products on the market. We look at a number of important factors, like the flexibility it offers, any rewards you can earn through company spending, account management tools, plus the potential costs involved with running the card both in the short and longer term.
You can read more about our scoring criteria on our credit card methodology page.
. 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.