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Compare Our Top-Rated Business Credit Cards

Updated: 14th June 2021

It’s easy enough to say that a ‘business credit card’ is a credit card… for businesses. But it’s important to understand the differences between a company credit card and one designed for individuals, because a business card offers practical benefits that appeal to – and in many cases are extremely helpful to – business owners.

With a wide variety of business credit cards and charge cards available, it can be challenging to find the card that’s right for you and your business. We’ve done the work and shortlisted our top-rated cards on the market to help you make the best decision possible.

On this page you’ll find our top-rated picks for business credit cards as well as more information about evaluating and choosing a corporate card for your business.

Here are MyWalletHero's top-rated business credit cards

Credit card offers from our affiliate partners appear first and are ordered from highest rating to lowest, followed by other top-rated offers. You can read more about our ratings and page sort here. Offers from affiliate partners are marked with a *.

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Great for: Collecting Avios and On Business Points
5 stars question mark
British Airways American Express Accelerating Business Card *
Apply Now!

On American Express's Secure Website

* Affiliate partner

This card offers reward points – and lots of them! With it, you gain access to the On Business Points reward scheme and the Avios rewards scheme. The card allows you to earn points at an accelerated rate: 1.5 On Business Points for every eligible £1 spent and 1.5 Avios for every eligible £1 spent. On top of that, American Express is offering a welcome award of 2,200 On Business Points if you are approved and spend £3,000 in the first three months of card membership. Do note that these benefits don’t come for free. The card carries an annual fee of £210.

Read full review >

CREDIT RATING req:

  • Poor/No credit
  • Fair/Average
  • Good/Excellent

HIGHLIGHTS

  • 2,200 On Business Points when you spend £3,000 in the first 3 months (subject to approval)
  • 1.5 On Business Points for every £1 of eligible spend
  • 1.5 Avios for every £1 of eligible spend
  • No cap on points earned
  • Travel accident and travel inconvenience insurance (subject to enrolment)
  • Refund and purchase protection

REPRESENTATIVE EXAMPLE

Representative APR 80.3% APR variable
Annual fee £210
Credit Limit Assumed credit limit of £1,200
Purchase Rate 22.2% variable for purchases

* This is an offer from one of our affiliate partners. Click here to learn more about why and how we work with partners.

what we like

  • 2,200 On Business Points when you spend £3,000 in the first 3 months (subject to approval)
  • 1.5 On Business Points for every £1 of eligible spend
  • 1.5 Avios for every £1 of eligible spend
  • No cap on points earned
  • ANNUAL FEE:

    £210
  • REPRESENTATIVE APR:

    80.3%
  • INTRO OFFER:

    2,200 On Business Points if you spend £3,000 in the first 3 months (subject to approval)

KEY SCORES:

  • 5/5 Perks
  • 1/5Fees
  • 2.5/5APR

HIGHLIGHTS

  • 2,200 On Business Points when you spend £3,000 in the first 3 months (subject to approval)
  • 1.5 On Business Points for every £1 of eligible spend
  • 1.5 Avios for every £1 of eligible spend
  • No cap on points earned
  • Travel accident and travel inconvenience insurance (subject to enrolment)
  • Refund and purchase protection

REPRESENTATIVE EXAMPLE

Representative APR 80.3% APR variable
Annual fee £210
Credit Limit Assumed credit limit of £1,200
Purchase Rate 22.2% variable for purchases

* This is an offer from one of our affiliate partners. Click here to learn more about why and how we work with partners.

Great for: Rewards on business spend
5 stars question mark
Capital On Tap Business Rewards Credit Card *
Apply Now!

On Capital On Tap's Secure Website

* Affiliate partner

What makes Capital on Tap business credit cards stand out is their facility to transfer cash fee free directly to your high street bank account. And with the Business Rewards card, not only can limited companies benefit from this easy source of short-term funding, but you can also earn yourself rewards. The card offers 1% cashback or 1 Avios point for every £1 spent, and you stand to receive 10,000 bonus points if you spend £5,000 in the first three months. However, it’s important to be aware that the card comes with an annual fee of £99.

Read full review >

CREDIT RATING req:

  • Poor/No credit
  • Fair/Average
  • Good/Excellent

HIGHLIGHTS

  • 1% cashback or 1 Avios point for every £1 of card spend
  • Welcome award of 10,000 bonus points or 10,000 Avios when you spend £5,000 in the first 3 months
  • Ability to make fee-free cash transfers to your bank account
  • No foreign exchange or ATM withdrawals fees
  • Up to 20 free supplementary cards
  • Available to limited companies

REPRESENTATIVE EXAMPLE

Representative 22.9% APR (variable)
Purchase rate 22.9% p.a. (variable)
Assumed credit limit £1,200
Annual fee £99

* This is an offer from one of our affiliate partners. Click here to learn more about why and how we work with partners.

what we like

  • 1% cashback or 1 Avios point for every £1 of card spend
  • Welcome award of 10,000 bonus points or 10,000 Avios when you spend £5,000 in the first 3 months
  • No foreign exchange or ATM withdrawals fees
  • ANNUAL FEE:

    £99
  • REPRESENTATIVE APR:

    22.9%
  • INTRO OFFER:

    10,000 bonus points or 10,000 Avios when you spend £5,000 in the first 3 months

KEY SCORES:

  • 5/5 Perks
  • 2/5Fees
  • 4/5APR

HIGHLIGHTS

  • 1% cashback or 1 Avios point for every £1 of card spend
  • Welcome award of 10,000 bonus points or 10,000 Avios when you spend £5,000 in the first 3 months
  • Ability to make fee-free cash transfers to your bank account
  • No foreign exchange or ATM withdrawals fees
  • Up to 20 free supplementary cards
  • Available to limited companies

REPRESENTATIVE EXAMPLE

Representative 22.9% APR (variable)
Purchase rate 22.9% p.a. (variable)
Assumed credit limit £1,200
Annual fee £99

* This is an offer from one of our affiliate partners. Click here to learn more about why and how we work with partners.

Great for: Premium charge-card experience
4.5 stars question mark
American Express Platinum Business Card *
Apply Now!

On American Express's Secure Website

* Affiliate partner

This card is the jewel in American Express’s Business Charge Card crown. As expected, it has benefits such as its Membership Rewards programme and purchase protection, but it also has a plethora of more exclusive perks such as airport lounge access, hotel upgrades and a dedicated concierge service. Just make sure you can afford the price tag attached, an annual fee of £595.

Read full review >

CREDIT RATING req:

  • Poor/No credit
  • Fair/Average
  • Good/Excellent

HIGHLIGHTS

  • 1 Membership Rewards point per £1 spent
  • New Cardmember offer: 40,000 bonus Membership Rewards points after spending £6,000 in first 3 months. 
  • Access to 1,200+ airport lounges
  • Access to Platinum Business Service and dedicated concierge and travel team
  • Up to 99 supplementary cards for employees
  • 1 additional Membership Rewards Point per £1 spent through American Express Travel for flights, hotels and car hires
  • Travel Accident and Travel Inconvenience insurance
  • Purchase protection for up to £2,500 on items purchased on card and stolen or damaged within 90 days, plus refund protection up to £300
  • Between 18th August and 18th November 2020, when Cardmembers use Membership Rewards points on purchases, they’ll count as double!

REPRESENTATIVE EXAMPLE

Not applicable. This is a charge card, so there’s no credit offered.

* This is an offer from one of our affiliate partners. Click here to learn more about why and how we work with partners.

what we like

  • 1 Membership Rewards point per £1 spent
  • 40,000 bonus Membership Rewards points after spending £6,000 in first 3 months
  • Access to 1,000+ airport lounges
  • ANNUAL FEE:

    £595
  • REPRESENTATIVE APR:

    N/A
  • INTRO OFFER:

    40,000 bonus Membership Rewards points (after spending £6,000 in first three months)

KEY SCORES:

  • 5/5 Perks
  • 1/5Fees
  • N/AAPR

HIGHLIGHTS

  • 1 Membership Rewards point per £1 spent
  • New Cardmember offer: 40,000 bonus Membership Rewards points after spending £6,000 in first 3 months. 
  • Access to 1,200+ airport lounges
  • Access to Platinum Business Service and dedicated concierge and travel team
  • Up to 99 supplementary cards for employees
  • 1 additional Membership Rewards Point per £1 spent through American Express Travel for flights, hotels and car hires
  • Travel Accident and Travel Inconvenience insurance
  • Purchase protection for up to £2,500 on items purchased on card and stolen or damaged within 90 days, plus refund protection up to £300
  • Between 18th August and 18th November 2020, when Cardmembers use Membership Rewards points on purchases, they’ll count as double!

REPRESENTATIVE EXAMPLE

Not applicable. This is a charge card, so there’s no credit offered.

* This is an offer from one of our affiliate partners. Click here to learn more about why and how we work with partners.

Great for: Prepaid cards to manage employee spending
4.5 stars question mark
Soldo Prepaid Business Credit Card *
Apply Now!

On Soldo's Secure Website

* Affiliate partner

Where Soldo’s prepaid business card differs from most other corporate credit cards is that it’s impossible for employees to run up debt, due to the predefined budget limits as well as not having access to the company account. All card activity can be tracked via Soldo’s apps and online administration console, while it all integrates with whichever accounting platforms the Finance department already uses. SMEs can get started with Soldo’s Pro account, which charges £5 per card issued each month, while an expanded Premium service has the monthly rate of £9 for each card.

Read full review >

CREDIT RATING req:

  • Poor/No credit
  • Fair/Average
  • Good/Excellent

HIGHLIGHTS

  • No credit history needed, ideal for start-ups
  • Manage cards via online payment console
  • Instant free transfers to employee cards

REPRESENTATIVE EXAMPLE

Not applicable. This is not a credit product.
* This is an offer from one of our affiliate partners. Click here to learn more about why and how we work with partners.

what we like

  • No credit history needed, ideal for start-ups
  • Manage cards via online payment console
  • Instant free transfers to employee cards
  • ANNUAL FEE:

    £60
  • REPRESENTATIVE APR:

    N/A
  • INTRO OFFER:

    N/A

KEY SCORES:

  • 5/5 Perks
  • 4/5Fees
  • N/AAPR

HIGHLIGHTS

  • No credit history needed, ideal for start-ups
  • Manage cards via online payment console
  • Instant free transfers to employee cards

REPRESENTATIVE EXAMPLE

Not applicable. This is not a credit product.
* This is an offer from one of our affiliate partners. Click here to learn more about why and how we work with partners.

Great for: Earning rewards while charging business expenses
4 stars question mark
American Express Gold Business Charge Card *
Apply Now!

On American Express's Secure Website

* Affiliate partner

The American Express Gold Business Charge Card offers a fuller package than the basic charge card, with a payment period of up to 54 days on purchases, the Membership Rewards programme, travel insurance, purchase protection, and refund protection. However, you do have to pay for these benefits in the form of a £125 annual fee.

Read full review >

CREDIT RATING req:

  • Poor/No credit
  • Fair/Average
  • Good/Excellent

HIGHLIGHTS

  • Earn 1 Amex Membership Rewards point per £1 spent
  • New Cardmember offer: 20,000 rewards points bonus (after spending £3,000 in first 3 months). 
  • No annual fee for the first year
  • Up to 99 supplementary cards for employees
  • 1 additional Membership Rewards Point per £1 spent through American Express Travel for flights, hotels and car hires
  • Travel Accident and Travel Inconvenience insurance
  • Purchase protection for up to £2,500 on items purchased on card and stolen or damaged within 90 days

REPRESENTATIVE EXAMPLE

Not applicable. This is a charge card, so there’s no credit offered.

* This is an offer from one of our affiliate partners. Click here to learn more about why and how we work with partners.

what we like

  • Earn 1 Amex Membership Rewards point per £1 spent
  • 20,000 rewards points bonus (after spending £3,000 in first 3 months)
  • No annual fee for the first year
  • ANNUAL FEE:

    £125 (£0 in first year)
  • REPRESENTATIVE APR:

    N/A
  • INTRO OFFER:

    20,000 rewards points bonus (after spending £3,000 in first 3 months)
    £0 Annual Fee in First Year

KEY SCORES:

  • 3/5 Perks
  • 1/5Fees
  • N/AAPR

HIGHLIGHTS

  • Earn 1 Amex Membership Rewards point per £1 spent
  • New Cardmember offer: 20,000 rewards points bonus (after spending £3,000 in first 3 months). 
  • No annual fee for the first year
  • Up to 99 supplementary cards for employees
  • 1 additional Membership Rewards Point per £1 spent through American Express Travel for flights, hotels and car hires
  • Travel Accident and Travel Inconvenience insurance
  • Purchase protection for up to £2,500 on items purchased on card and stolen or damaged within 90 days

REPRESENTATIVE EXAMPLE

Not applicable. This is a charge card, so there’s no credit offered.

* This is an offer from one of our affiliate partners. Click here to learn more about why and how we work with partners.

Great for: No-hassle business card
4 stars question mark
Capital On Tap Business Credit Card *
Apply Now!

On Capital On Tap's Secure Website

* Affiliate partner

The Capital On Tap Business Credit Card comes with a key advantage that you’ll have trouble finding elsewhere: the ability to transfer cash fee free directly to your high street bank account. This could provide an easy source of short-term funds for small businesses. There’s no annual fee on the card nor are there fees on foreign transactions or foreign ATM withdrawals. The representative APR on the card is high though, so you have to be especially careful about paying down your balance.

Read full review >

CREDIT RATING req:

  • Poor/No credit
  • Fair/Average
  • Good/Excellent

HIGHLIGHTS

  • Option to transfer funds fee free to your bank account
  • No annual fee
  • No non-sterling transaction fees
  • Access up to £100,000 in credit

REPRESENTATIVE EXAMPLE

Representative rate 39.4% APR (variable)

* This is an offer from one of our affiliate partners. Click here to learn more about why and how we work with partners.

what we like

  • Option to transfer funds fee free to your bank account
  • No annual fee
  • No non-sterling transaction fees
  • ANNUAL FEE:

    £0
  • REPRESENTATIVE APR:

    39.4%
  • INTRO OFFER:

    N/A

KEY SCORES:

  • 3/5 Perks
  • 5/5Fees
  • 2.5/5APR

HIGHLIGHTS

  • Option to transfer funds fee free to your bank account
  • No annual fee
  • No non-sterling transaction fees
  • Access up to £100,000 in credit

REPRESENTATIVE EXAMPLE

Representative rate 39.4% APR (variable)

* This is an offer from one of our affiliate partners. Click here to learn more about why and how we work with partners.

Great for: those who travel for business
4.5 stars question mark

The combination of travel benefits and business perks makes the Barclaycard Premium Plus Business Credit Card a tough business card to beat. But it comes at a price.

Read full review >

CREDIT RATING req:

  • Poor/No credit
  • Fair/Average
  • Good/Excellent

HIGHLIGHTS

  • Enhanced travel insurance
  • Cashback on travel and trade
  • Discounted rate on foreign exchange fees

REPRESENTATIVE EXAMPLE

Representative 49.4% APR (variable)
Purchase rate 14.9% p.a. (variable)
Assumed credit limit £1,200
Annual fee £150

The approval of your application depends on financial circumstances and borrowing history, so do the terms you may be offered. T&Cs apply.

what we like

  • Enhanced travel insurance
  • Cashback on travel and trade
  • Discounted rate on foreign exchange fees
  • ANNUAL FEE:

    £150
  • REPRESENTATIVE APR:

    49.4%
  • INTRO OFFER:

    Introductory 0% on purchases for 6 months from account opening

KEY SCORES:

  • 5/5 Perks
  • 4/5Fees
  • 3.5/5APR

HIGHLIGHTS

  • Enhanced travel insurance
  • Cashback on travel and trade
  • Discounted rate on foreign exchange fees

REPRESENTATIVE EXAMPLE

Representative 49.4% APR (variable)
Purchase rate 14.9% p.a. (variable)
Assumed credit limit £1,200
Annual fee £150

The approval of your application depends on financial circumstances and borrowing history, so do the terms you may be offered. T&Cs apply.

Great for: online account management and Business Rewards.
4.5 stars question mark

This card allows you to control your purchases and employees benefits, while also offering further added protection on purchases and cardholder misuse. With it, you receive purchase protection and cardholder misuse insurance. Meanwhile, the card enables you to keep a handle of your spending with online servicing and its MyControls portal. Here, you can manage your employees cards and control your business expenses. It carries no annual fee and you can earn 1% cashback on eligible business spend. This is in addition to access to the Barclaycard Business Rewards scheme, which includes rewards from leading brands such as Amazon Business and Avis.

Read full review >

CREDIT RATING req:

  • Poor/No credit
  • Fair/Average
  • Good/Excellent

HIGHLIGHTS

  • 1% cashback on eligible business spend
  • Up to 56 days interest-free credit on purchases when paid in full & on time
  • Comes with insurance benefits

REPRESENTATIVE EXAMPLE

Representative 21.9% APR (variable)
Purchase rate 21.9% p.a. (variable)
Assumed credit limit £1,200
Annual fee £0

The approval of your application depends on financial circumstances and borrowing history, so do the terms you may be offered. T&Cs apply.

what we like

  • Ability to control purchases and employee benefits
  • No annual fee
  • Access to the Barclaycard Business Rewards Scheme
  • ANNUAL FEE:

    N/A
  • REPRESENTATIVE APR:

    21.9%
  • INTRO OFFER:

    N/A

KEY SCORES:

  • 4/5 Perks
  • 5/5Fees
  • 4/5APR

HIGHLIGHTS

  • 1% cashback on eligible business spend
  • Up to 56 days interest-free credit on purchases when paid in full & on time
  • Comes with insurance benefits

REPRESENTATIVE EXAMPLE

Representative 21.9% APR (variable)
Purchase rate 21.9% p.a. (variable)
Assumed credit limit £1,200
Annual fee £0

The approval of your application depends on financial circumstances and borrowing history, so do the terms you may be offered. T&Cs apply.

Great for: Amazon Prime Business Owners
4 stars question mark

Amazon and American Express partner up to provide a cash flow solution to Amazon Prime members. The Amazon Business Prime American Express® credit card offers flexible payment options over 90 days OR access to 2% Amazon Rewards.

Read full review >

CREDIT RATING req:

  • Poor/No credit
  • Fair/Average
  • Good/Excellent

HIGHLIGHTS

  • High cap limit
  • Rare business card benefits
  • Annual fee waiver

REPRESENTATIVE EXAMPLE

Representative APR 32.% APR variable
Annual fee £50
Purchase Rate 21.9%  variable for purchases

what we like

  • High cap limit
  • Rare business card benefits
  • Annual fee waiver
  • ANNUAL FEE:

    £50
  • REPRESENTATIVE APR:

    32.6%
  • INTRO OFFER:

    £50 Amazon gift card

KEY SCORES:

  • 4/5 Perks
  • 4/5Fees
  • 2.5/5APR

HIGHLIGHTS

  • High cap limit
  • Rare business card benefits
  • Annual fee waiver

REPRESENTATIVE EXAMPLE

Representative APR 32.% APR variable
Annual fee £50
Purchase Rate 21.9%  variable for purchases
Great for: controlling business spending, purchase protection and cardholder misuse insurance.
4 stars question mark

This is a card that can help businesses stay on top of their expenses and manage employee cards through its easy to use online account management and control portals. You’ll also benefit from a wealth of perks that come with this card including purchase protection and enhanced cardholder misuse insurance, a low annual fee (with zero additional cardholder fees) not to mention access to discounts through the Barclaycard Business Rewards scheme. T&Cs apply.

Read full review >

CREDIT RATING req:

  • Poor/No credit
  • Fair/Average
  • Good/Excellent

HIGHLIGHTS

  • Purchase protection
  • Up to 38 days to pay interest-free
  • Cardholder misuse insurance up to £1m per year for entire business (subject to application). T&Cs apply.

REPRESENTATIVE EXAMPLE

Representative 3.6% APR (variable)
Assumed credit limit £1,200
Annual fee £42

The approval of your application depends on financial circumstances and borrowing history, so do the terms you may be offered. T&Cs apply.

what we like

  • Purchase protection
  • Up to 38 days to pay
  • Cardholder misuse insurance up to £1m per year for entire business (subject to application). T&Cs apply
  • ANNUAL FEE:

    £42
  • REPRESENTATIVE APR:

    3.6%
  • INTRO OFFER:

    N/A

KEY SCORES:

  • 3.5/5 Perks
  • 4.5/5Fees
  • 4.5/5APR

HIGHLIGHTS

  • Purchase protection
  • Up to 38 days to pay interest-free
  • Cardholder misuse insurance up to £1m per year for entire business (subject to application). T&Cs apply.

REPRESENTATIVE EXAMPLE

Representative 3.6% APR (variable)
Assumed credit limit £1,200
Annual fee £42

The approval of your application depends on financial circumstances and borrowing history, so do the terms you may be offered. T&Cs apply.


Frequently Asked Questions

Are corporate cards personally guaranteed?

Not necessarily. If your business credit, turnover and assets are strong enough, the bank may not require a personal guarantee. If the credit limit on the card is low, there may also be no personal-guarantee required.

However, in a lot of cases, banks will require that you sign a personal guarantee for your corporate credit card. In this case, you will be personally be liable for the debt incurred on your credit card account.

Can a business credit card affect my personal credit?

In cases where you sign a personal guarantee for your business credit card, yes, your business card can affect your personal credit. If you miss payments or otherwise don't stay on track with your business card, that may drag down your personal credit score. Note that this isn't necessarily the case, it depends on how the card issuer reports these issues. Nevertheless, this is a good reason to be as smart with your company credit card as with your personal card. Don't spend above your (business's) means and do pay your bills on time.

Are business credit card fees tax deductible?

If your business card carries an annual fee -- as business cards often do -- that fee may indeed be tax deductible. Other fees, such as interest charged on outstanding balances, may also be deductible. We addressed this question more fully in this article about deducting business card fees. In short, these may be allowable expenses, but it's wise to check with your tax advisor if you're in doubt.

Learn more

More ways to compare credit cards

Top-rated credit card picks by category

Top-rated credit card picks by issuer


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