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Business Credit Card
Card options
Our RBS Business Credit Card is designed for start ups and businesses with a turnover up to £250k. It's simple, secure and flexible to make sure your day-to-day business runs as smoothly as possible.
Business Credit Card benefits
- Improving your cash flow - interest-free grace period of up to 45 days on purchases to help smooth your cash flow
- Saving you time - helping you to separate business from personal expenditure
- Saving you money - cheaper than traditional cheque transactions
- Keeping things flexible - carry your balance over from one month to the next with a minimum payment of £5 or 5% of your balance (whichever is greater)
- Offering security - with our free online guarantee and many more security features
Features
- Interest free period up to 45 days
- Monthly statement and online account management
- Cash withdrawals (incl. abroad)
- Unrivalled Visa acceptance in 29 millions outlets worldwide
Business benefits and discounts
- Business Discounts (Including Hertz, IHG InterContinental Hotel Group, BusinessWeek, Green Flag Rescue & Red Letter Days)
- Protection against online fraud
- Online guarantee
- Employee Misuse Insurance (PDF, 491k) (Up to £15,000 per cardholders, £1m per company)
- Travel Accident Insurance (PDF, 481k)
- Identity Theft Protection up to £150,000 (optional)(PDF, 491k)
- Commercial Card Protection 24hr assistance (optional)(PDF, 491k)
The information contained in this table summarises key product features and is not intended to replace any Terms and Conditions.
| Business Credit Card - SUMMARY BOX | |||
|---|---|---|---|
| Purchase APR | Typical 23.2% APR (variable) | ||
| Interest rates | Monthly rate | Annual rate | |
| Purchases | 1.408% | 16.9%. | |
| Balance Transfers | 1.408% | 16.9% | |
| Cash advances | 2.075% | 24.9% | |
| Cheques | 2.075% | 24.9% | |
| Interest-free period | Maximum 45 days for purchases if you pay your balance in full and on time, and have paid the previous month's balance in full and on time. No interest-free period on balance transfers, cash advances or cheques | ||
| Interest charging information | You will not pay interest on new purchases if you pay your balance in full and on time, and have paid the previous month's balance in full and on time. Otherwise, the period over which interest is charged will be as follows: | ||
| From | Until | ||
| Purchases | Date debited to your account | Paid in full | |
| Balance Transfers | Date debited to your account | Paid in full | |
| Cash advances | Date debited to your account | Paid in full | |
| Cheques | Date debited to your account | Paid in full | |
| Allocation of payments | Payments we receive are applied to the items on
the Business Account in the following order of lowest first to
highest (transactions may attract different interest rates), to
all those items which have appeared on a Statement and then in
the same order to those not yet shown on a Statement:
| ||
| Minimum repayment | 5% or £5, whichever is greater Please note: We do not recommend that you only ever make your minimum payment. | ||
| Credit limit | Minimum £500 Maximum subject to status. | ||
| Fees | Annual Card Fee (for each card issued) normally £32 For further details, please refer to your Business Card General Terms | ||
| Default Charges |
| ||
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