What are the best business credit cards in 2020? | moneyfacts.co.uk

nigel woollsey

Nigel Woollsey

Online Writer
Published: 05/05/2020

How do we decide which business credit cards get the best rating?

As part of our independent star ratings system, Moneyfacts looks at all the business credit cards available in the UK marketplace. Our in-house experts carefully analyse and compare the various elements that are offered by each product to understand what benefits these bring to the customer. Each business credit card is then assigned a star rating that reflects their performance.

Those that offer the most comprehensive range of standout features and benefits are awarded our top rating of five stars.

How does a star rating help me find the best business credit cards?

Our industry-recognised and impartial star ratings provide business consumers with an expert view of the whole market. Organisations and individuals can use our star ratings as an honest and reliable way to identify the business credit card products and providers that offer the best benefits.

What elements of the business credit cards do we look at?

Among the many factors we look at to determine star ratings are:

Flexibility
• Opening & operating options
• Payment options
• Balance transfer availability
• Contactless
• Number of additional cards

Charges
• Card fees
• Balance & money transfer fees
• Cash withdrawal fees
• Late payment charges
• Foreign usage charges
• Trace fees
• Minimum interest charges
• Dormancy fees
• Replacement card fees

Benefits
• Airport lounge access
• Free emergency card
• Free emergency cash
• Interest free days
• Enhanced Purchase protection
• Luggage insurance
• Free text alerts
• Cashback
• Travel accident insurance
• European/worldwide travel insurance
• Flight cancellation/delay insurance
• Medical insurance
• Personal liability insurance

 

Business credit cards - Five stars

  • Barclaycard Business -Barclaycard Business Premium Plus Credit Card Mastercard
  • Barclaycard Business - Barclaycard Business Select Credit Card Mastercard
  • Barclaycard Business - Toolstation Trade Card Mastercard
  • Metro Bank - Metro Bank Business Credit Card Mastercard
  • NatWest - NatWest Business Credit Card Mastercard
  • NatWest - NatWest Business Plus Credit Card Mastercard
  • Royal Bank of Scotland - Royal Bank of Scotland Business Credit Card Mastercard
  • Royal Bank of Scotland - Royal Bank of Scotland Business Plus Credit Card Mastercard
  • Santander - Santander Business Cashback Credit Card Mastercard

Business credit cards - Four stars

  • American Express - British Airways American Express Accelerating
    Business Card
  • Barclaycard Business - Barclaycard Business Flex Credit Card Mastercard
  • Barclaycard Business - Travis Perkins Trade Credit Card Mastercard
  • HSBC - HSBC Commercial Credit Card Visa

Disclaimer: This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.

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