Payment options

Card options

Summary Box
The information contained in these tables summarises key product features and is not intended to replace any terms and conditions.
Cash Advance APR (Variable)	47.6% BusinessOne 54.4% BusinessOne Premium based on £1,200 drawn each month for a year and comprising charges mentioned below and repayment in accordance with the terms of the agreement
Allocation of payments	Direct Debit will clear balance at end of month. Payments received by the Bank are applied to the transactions or items applied to the Business Account first towards transactions shown on a statement and then to those not yet shown on a statement in the following order: towards any charges and interest on the Business Account and then to other amounts due from the Customer (see Term 4.6)
Credit Limit	Minimum: £500 Maximum: subject to status
Fees	Annual Card Fee which will normally be BusinessOne: £35 BusinessOne Premium: £79 For further details, please refer to your BusinessOne card terms
Charges	Interest on the outstanding balance (except on Default charges) if unpaid by the due date at a rate equivalent to 1.6% per month (19.2% p.a.) until paid in full. Cash advances: 3% (min £3). Transactions in foreign currencies (including purchase of foreign currency and travellers’ cheques): 2.95%. For further details, please refer to your BusinessOne Terms
Default charges	Late payment fee: £12 Returned payment fee: £12