Yorkshire Bank Business credit card review 2021

Keep up to date with accounting information and stay in control of your expenses with Yorkshire Bank.

Finder rating: ★★★★★

No reviews yet. Write a review
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).

Up to 59 days

Interest-free each billing period

22.4%

Representative APR

£500

Minimum credit limit

Details

IssuerYorkshire Bank
NetworkMastercard
Annual/monthly feesYear 1 - £0, Year 2 onwards - £28 per annum
Purchases16.9%
Purchases interest-free periodUp to 59 days
Cash advances27.9%
Min credit limit£500
Max credit limitNot specified
IncentiveReceive discounts at participating retailers with the Mastercard Business Savings scheme.

Review by


Chris Lilly is a publisher at finder.com. He's a specialist in credit-based products including business and personal loans, mortgages and credit cards, and is passionate about helping UK consumers make informed decisions about their borrowing. In his spare time Chris likes forcing his kids to exercise more.

Expert review

With an annual fee that’s waived in the first year, Yorkshire Bank offers a straightforward business Mastercard with impressive tracking and reporting of transaction information, account summaries and other vital information broken down by cardholder.

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.

The Yorkshire Bank Business credit card is issued on the Mastercard network so it's accepted at nearly 53 million merchants across more than 210 countries and territories.

Capital on Tap Business Rewards Credit Card

Earn uncapped Avios or cashback on business spending

  • Up to 1% cashback or 1 Avios per pound spent
  • Up to 10,000 bonus points when you spend £5,000 in 3 months
  • Up to 20 free supplementary cards
  • Up to 56 interest-free days on purchases each billing cycle

Representative example: When you spend £1,200 at a purchase rate of 26.4% (variable) p.a., your representative rate is 29.9% APR (variable).

Promoted

Pros and cons

Pros

  • Up to 59 days to spread the cost of purchases (provided you pay off your balance in full each month)
  • A relatively low 16.9% interest rate on purchases

Cons

  • Annual fee
  • Applicants with low credit scores are unlikely to be eligible

How does it compare?

Yorkshire Bank's card

Name Product Purchases Annual/monthly fees Rewards earn rate Representative APR Link Key benefit Representative example
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).
loading

Compare up to 4 providers

Other popular business cards

Table: promoted then other popular deals
Name Product Purchases Annual/monthly fees Rewards earn rate Representative APR Link Key benefit Representative example
£200 BONUS
Allstar Plus ‘All-in-one’ Business Credit and Fuel Card
N/A (this product is a charge card).
Year 1 - £0.99 per card per month,
Year 2 onwards - £3.99 per card per month
N/A
N/A (this product is a charge card).
Go to site
Earn an introductory bonus of £200, up to 44 days interest free on purchases (subject to status), savings on fuel at 1,500 Discount Diesel sites plus a 10% saving on vehicle servicing, repair, tyres and car washes at venues nationwide.
Capital on Tap Business Rewards Credit Card
26.4%
£99 p.a.
1 point per £1 spent
29.9% APR (variable)
Go to site
Earn 1 point for every £1 spent. 1 points can be redeemed for either 1 Avios or 1p in cashback. 10,000 bonus points when £5,000 spent in first 3 months. Up to 20 free supplementary cards available.
Representative example: When you spend £1,200 at a purchase rate of 26.4% (variable) p.a., your representative rate is 29.9% APR (variable).
CASHBACK
Barclaycard Business Select Cashback Credit Card
21.9%
£0
1% cashback
21.9% APR (variable)
Go to site
Earn 1% cashback on eligible spend. T&Cs apply
Representative example: When you spend £1,200 at a purchase rate of 21.9% (variable) p.a., your representative rate is 21.9% APR (variable).
£100 GIFTCARD
Amazon Business American Express Card
21.9%
£50 per annum (first year waived – limited offer)
1.5 points per £1 spent with selected partners
1 point per £2 spent elsewhere
32.6% APR (variable)
Go to site
Earn 1.5% Amazon Rewards on the first £120,000 in purchases each calendar year, 1% thereafter at Amazon.co.uk, Amazon Business UK and Whole Foods Market UK, or 60 day extended payment terms on such purchases. Earn 0.5% Amazon Rewards on all other purchases.
Representative example: When you spend £1,200 at a purchase rate of 21.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £50 per annum, your representative rate is 32.6% APR (variable).
American Express Gold Business Card
N/A (this product is a charge card).
Year 1 - £0, Year 2 onwards - £175
1 point per £1 spent
N/A (this product is a charge card).
Go to site
New Cardmember offer: Earn 20,000 Membership Rewards® points when you spend £3,000 in first 3 months of Cardmembership. Earn 1 Membership Rewards® point for every £1 spent thereafter. Earn 10,000 extra Membership Rewards® points when you spend £20,000 per quarter.
Capital on Tap Business Credit Card
26.4%
£0
N/A
29.9% APR (variable)
Go to site
Upgrade to Capital on Tap Business Rewards Card for £99 pa to earn 1 point for every £1 spent. 1 point can be redeemed for either 1 Avios or 1p in cashback. 10,000 bonus points when £5,000 spent in first 3 months. Up to 20 free supplementary cards available.
Representative example: When you spend £1,200 at a purchase rate of 26.4% (variable) p.a., your representative rate is 29.9% APR (variable).
£100 GIFTCARD
Amazon Business Prime American Express Card
21.9%
Year 1 - £0, Year 2 onwards - £50 per annum
2 points per £1 spent with selected partners
1 point per £2 spent elsewhere
32.6% APR (variable)
Go to site
Earn 2% Amazon Rewards on the first £120,000 in purchases each calendar year, 1% thereafter at Amazon.co.uk, Amazon Business UK and Whole Foods Market UK, or 90 day extended payment terms on such purchases. Earn 0.5% Amazon Rewards on all other purchases.
Representative example: When you spend £1,200 at a purchase rate of 21.9% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £50 per annum, your representative rate is 32.6% APR (variable).
Barclaycard Business Premium Plus Credit Card
0% for 6 months reverting to 14.9%
£150 per annum
0.5% cashback
49.4% APR (variable)
Go to site
Earn 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).
Finder Award
OFFER
British Airways American Express Accelerating Business Card
22.2%
£250 per annum
1.5 points per £1 spent
96.7% APR (variable)
Go to site
Limited time offer: Earn 60,000 bonus Avios when you spend £5,000 in your first three months. Earn 1.5 Avios for every eligible £1 spent on card and 2 On Business Points for every £1 spent with BA on eligible flights. 10,000 bonus Avios for every £20,000 spent (max £60,000 pa) per calendar year.
Representative example: When you spend £1,200 at a purchase rate of 22.2% (variable) p.a. with a fee of £250 per annum, your representative rate is 96.7% APR (variable).
Barclaycard Select Business Charge Card
Barclaycard Select Business Charge Card
N/A (this product is a charge card).
£42 per annum
N/A
3.6% APR (variable)
Go to site
NatWest Business Credit Card (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).
Royal Bank of Scotland Business Credit Card (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).
American Express Platinum Business Card
N/A (this product is a charge card).
£595 p.a.
1 point per £1 spent
N/A (this product is a charge card).
Go to site
New Cardmember offer: Earn 40,000 Membership Rewards® points when you spend £6,000 in first 3 months of Cardmembership. Earn 1 Membership Rewards® point for every £1 spent thereafter.
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).
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).
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).
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).
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).
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).
NatWest Business Plus Credit Card Mastercard
14.816%
£70 per annum
0.5% cashback
29% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 14.816% (variable) p.a. with a fee of £70 per annum, your representative rate is 29% APR (variable).
Royal Bank of Scotland Business Plus Credit Card Mastercard
14.816%
£70 per annum
0.5% cashback
29% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 14.816% (variable) p.a. with a fee of £70 per annum, your representative rate is 29% APR (variable).
Cashplus Business Credit Card Mastercard
29.94%
£0
N/A
29.9% APR (variable)
Representative example: When you spend £1,200 at a purchase rate of 29.94% (variable) p.a., your representative rate is 29.9% APR (variable).
loading

Compare up to 4 providers

Approval for any credit card will depend 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.

Repayment options

You can make manual repayments through Yorkshire Bank's app, by logging in to your online banking or over the phone (0800 032 3971). 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:

Minimum amount Fixed amount Fixed percentage Full amount

How to apply

If you've compared cards and settled on the Yorkshire Bank Business credit card, completing the secure online application form takes about 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you'll need to make the process as straightforward as possible.

Frequently asked questions

What credit limit will I get with the Yorkshire Bank Business credit card?

If Yorkshire Bank is able to offer you this deal, the offer will specify a tailored credit limit based on Yorkshire Bank's assessment of your situation and your business. The minimum limit offered on this card is £500 and Yorkshire Bank does not specify a maximum. Once you've had the card for a while and shown Yorkshire Bank that you're reliable, you may wish to apply for a credit limit increase.

Can I withdraw cash using the Yorkshire Bank 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 Yorkshire Bank Business credit card is 3% (min. £3). For example, if you withdraw £50, you'll incur a fee of £3.00. Withdraw £250, and you'll incur a fee of £7.50.

The interest rate on this part of your balance will be 27.9% (chargeable from the day of the transaction – the card's usual "up to 59 days interest-free" grace period won't apply).

How much does it cost to use the Yorkshire Bank Business credit card abroad?

Non-sterling transactions are subject to a 2.95% charge. For example, if you spend 200 euros (£169.26), it'll cost you around £4.99 in fees.

Can I get additional Yorkshire Bank Business credit cards for my team?

Yes. Yorkshire Bank doesn't specify a maximum number of cards you can request. Each card comes with an additional account fee of £28.

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.

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.

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.
Go to site