Payment options
Card options
Existing customers
Other services
BusinessOne Your financial controller
Add one to the team
BusinessOne gets to work straight away. Simple to use, easy to manage and able to slip conveniently into your accounting systems.
BusinessOne can start saving you time and money from day one.
BusinessOne Benefits
Flexible
- Improves your business cash flow with up to 38 days of interest-free breathing space
- Simplifies payments over the phone, online and at 25 million outlets worldwide
- Offers your business a secure payment method and there is no need to worry about interest charges as the balance is settled automatically each month by direct debit.
Intelligent
- Controls your business expenditure with online account management and reporting
- Provides a complete financial picture – with one click you know who is spending what and where.
Efficient
- Reduces your administration by seamlessly integrating into your accounting system
- Saves time by generating electronic VAT invoicing reports, that are already HMRC accredited
Like every invaluable employee, it goes way beyond its remit, bringing you a wealth of additional benefits: from Business Exclusives, free travel accident insurance, employee misuse insurance and much more.
Upgrade to BusinessOne Premium
The benefits of BusinessOne are great. And when you opt for BusinessOne Premium they get even better, with exclusive business and travel benefits worth up to £175.
Roadside assistance with Green Flag
- Rapid Breakdown assistance
- Local vehicle recovery
- Free home rescue
Worldwide Business Travel Cover
- Emergency Medical expenses up to £10,000,000
- Up to £2,000,000 in personal liability cover
- Up to £5,000 if a trip is cancelled or altered
- Travel accident insurance (accidental death or total permanent disablement) cover up to £100,000
- Free pre-travel advice helpline
Comprehensive Virus Protection Software*
- Defends your system against internet and email threat
- Scan all files to disinfect infected files and minimise any data loss
- Offers full e-mail protection filtering incoming and outgoing e-mail messages
Discounted UK airport parking and lounges
- Discounted parking at 22 UK airports
- Meet & greet service
- Discounted lounge access membership with Priority Pass at 600 airport lounges worldwide (1st year £29.50, normally £49.50)
The annual card fee is £79 that's under £7 per month for these exclusive benefits. This fee will be charged on a pro-rata basis, taking into account any fee paid for a standard BusinessOne card.
*system requirements Pentium II 350 MHz or higher processor Minimum 128MB of RAM Memory (256 MB recommended) Minimum 60 MB available hard disk space operating environment. Windows 98/NT-SP6/Me/2000/XP IE 5.5 (+)
| Summary Table | BusinessOne | BusinessOne Premium |
|---|---|---|
| Features | ||
| Interest free period up to 38 days |  | |
| electronic Management Information (eMI) | | |
| Monthly statement and online account management | | |
| Cash withdrawals (incl. abroad) | | |
| Use abroad, online, on the highstreet -MasterCard acceptance | | |
| Business benefits and discounts | ||
| Business Exclusive discounts | | |
| Discounted Airport Parking | - | |
| Discounted Airport Lounge access with Priority Pass | - | |
| Green Flag Rescue | - | |
| Comprehensive virus protection | - | |
| Insurance and protection | ||
| Worldwide Business Travel Insurance (PDF): £10m medical expenses, up to £2m personal liability | - | |
| Protection against online fraud | | |
| Online guarantee | | |
| Merchant Category Group (MCG) Blocking | | |
| Employee misuse insurance (PDF) (£15,000 per cardholders, £1m per company) | | |
| Travel Accident Insurance (PDF) | | (enhanced) |
| Identity Theft Protection up to £150,000 | (optional) | (optional) |
| Commercial Card Protection 24hr assistance | (optional) | (optional) |
| 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) | 46.4% BusinessOne
51.6% BusinessOne Premium based on £1,500 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%. Copies of statements: £1 per page. For further details, please refer to your BusinessOne Terms |
| Default charges | Late payment fee: £12
Returned payment fee: £12 |
