Earn cashback, and no foreign exchange charges

You’ll need the personal details of all of the directors or partners of the business (including their home addresses for the last two years). You’ll also need your basic business details, including your company’s Registration Number (provided by Companies House) if you’re a limited company. The "I want to apply" section on the product page will help you to prepare.

No. The Business Plus credit card is an enhanced product with additional features offered in return for a £70 annual fee. If you're a startup customer interested in a first year free card, the Business credit card may be better suited to your requirements.

You can use your Business Plus credit card to pay for goods and services or withdraw cash almost anywhere in the world, just look out for the MasterCard logo. What’s more, with the Business Plus credit card we won't charge a non-sterling transaction fee on your purchases; so if you’re travelling abroad, or buying from abroad, we won’t charge you a fee for purchases made in a foreign currency. Please note that a cash fee will still apply if you withdraw cash in a foreign currency, and you may be charged a fee by a third-party bank/ATM provider.

The minimum repayment terms of our Business Plus credit card are:

• The minimum of the greater of either £5, or that month’s interest
• Any default charges
• 1/12th of any annual fee
• 3% of the remaining balance (excluding any annual fee)

If you only pay the minimum payment it will take longer and cost more to clear your balance and there can be a risk of escalating debt, additional interest or charges and of potential financial difficulties.

How to reduce your interest charges

The best way to reduce interest charges on your business credit card is by repaying as much of your balance as you can afford to each month. Even if you want to stick to the minimum payment you currently make by monthly Direct Debit, you can still make extra payments on top, any time you want. The back of your credit card statement explains the variety of payment methods you can use.

Give your business some added flexibility

Instead of paying the balance in full every month you can just pay the minimum amount by the required date. This is quite handy if your customers are being slow to pay you.

What you should know

If you only pay the minimum payment it will take longer and cost more to clear your balance and there can be a risk of escalating debt, additional interest or charges and of potential financial difficulties.

You can find out which merchant categories are eligible for cashback under trade/business, fuel & electric vehicle charging , travel and accommodation on the cashback information sheet (PDF, 116KB). To check if a merchant you use qualifies, please see our merchant checker tool. The amount of cashback you could earn will depend on how much and where you spend, and is limited to £600 per year per Business Plus credit card account. For example, if you have two cards the maximum cashback you can earn is £600 per year. 

Yes you do. Our business credit card is only available to existing Royal Bank business customers. If you want to become a business customer take a look at our business current accounts.

• For Lost & Stolen (24/7) 0370 600 0459 (+44 1268 500 8113 when calling from abroad)
• Fraud Queries 0345 300 3986 (+44 125 230 8047 when calling from abroad)
• Chargebacks & Disputes 0370 909 3701 (Option 2)/ e-mail Credit Disputes Cards Online 0370 909 3701 (Option 4)

No. The objective of having a separate card for Business spends is to ensure that business and personal spend is kept separate. This is a good accounting practice. Hence the cashback on personal Rewards credit card can not be combined with that on the Business Plus credit card.

They are a great card solution for businesses where employees travel abroad for work. They allow you to earn benefits for transactions for eligible trade/business supplies, fuel & commercial EV charging points, travel and accommodation.

Our Business Plus credit card also features no foreign currency transaction fees, so your employees don’t have to worry about conversion rate charges when spending abroad.