Business Cashback Credit Card
A business credit card that rewards your business spend and can help you manage your business cashflow.
Our Business Cashback Credit Card comes with
1% cashback paid monthly on all business spend with no cap (T&Cs apply)
£30 Annual account fee, additional cards available at no extra cost
Credit limits between £500 - £25,000 (subject to status)
Control the amount each additional cardholder can spend
No foreign transaction fees on purchases abroad when paying in the local currency
You get up to 56 days interest free. Pay your bill on time and in full and avoid paying any interest.
What you need to apply
- You’re an existing Santander Business Current Account holder
- Your business is based and registered in the UK
- You’re either a sole trader, partnership, limited liability partnership or private limited company with no more than 2 partners or directors, who own the business entirely
- You and all other partners, members, directors or shareholders are aged 18 or over and UK residents
- You have a good credit history and haven’t been declared bankrupt
- The company, directors, owners or partners have not had an Individual Voluntary Arrangement in the last 6 years.
All credit is subject to status. A full credit check will be made on application.
Other things to consider
- We charge a £30 annual fee. This will be added to your card as soon as you activate it.
- You must only use the business cashback credit card for business purposes.
- If you’re a limited company or limited liability partnership, when you apply for business finance, such as an overdraft, loan, or credit card, we may ask you to give a personal guarantee. You can find out more about personal guarantees on our dedicated personal guarantees page
Representative example
The below example is subject to status.
- Representative 23.7% APR (variable)
- Based on £1,200 credit limit
- Purchase rate 18.9% p.a. (variable)
- Annual fee £30
If you’re accepted for the card, we’ll confirm your credit limit.
If you have a business credit card but don’t use it, you will still be charged the annual fee of £30.
Business Cashback Credit Card calculator
Get an estimate of how much cashback you could earn based on your business spending
Account information
The annual fee
We charge a £30 annual fee. This’ll be added to your card as soon as you activate it.
Each year, we’ll add the fee in the same month you took the card out (this might be different to the month you activated the card).
We charge a single account fee per business, so there's no extra fee for adding another cardholder. That means someone else can have a card to operate the account.
Receiving your cashback
We'll pay the total cashback you earn each month onto your Business Cashback Credit Card and you'll see it on your monthly statement. Read the full cashback terms
No foreign transaction fees on purchases abroad
Use your Business Cashback Credit Card abroad and you won't be charged any on purchases when paying in the local currency. We'll convert the foreign currency using the exchange rate set by Mastercard and won't charge a foreign transaction fee (also known as a non-sterling transaction fee).
If you use the Business Cashback Credit Card abroad, you won't be charged any non-sterling transaction fees on purchases when paying in the local currency. We'll convert the foreign currency using the exchange rate set by Mastercard. We won't charge a foreign transaction fee (also known as a non-sterling transaction fee).
What you also get
Up to 3 additional cardholders. All the directors, owners and partners must have a card. We can issue a maximum of 4 cards. For example, if your business has 2 directors who must have cards, you can have 2 additional cards for other members of staff.
As the account holder, you'll be able to control the amount any additional cardholders spend by setting monthly spending limits if you'd like to. Call us on 0330 678 1783 to arrange for these controls to be set up.
You’ll be responsible for all spending and payments for all cardholders.
Minimum repayments
You must make at least the minimum repayment each month.
Paying your Business Cashback Credit Card
The Business Cashback Credit Card is for business expenses only. So payments shouldn’t be made from personal bank accounts or personal savings. This is unless you’re a sole trader and don’t have a separate business account.
Interest rates
- Purchases: you'll pay 18.9% p.a
- Cash transactions: you'll pay 27.9% p.a and a 3% fee (minimum £3) for each transaction
- You can see a useful summary of all the interest rates in the Summary Box
Up to 56 days interest-free credit on purchases when you pay your balance in full and on time each month.
Everything you need to know before you apply
We recommend reading the information in the documents below before you apply. You may want to save or print them so you can refer to them in the future.
- Business Cashback Credit Card Key Facts Document
- Terms & Conditions
- Summary Box
- Cashback Terms & Conditions
To view these documents, you may need to download Adobe Reader
If your business is a limited company or limited liability partnership, all directors or members will need to provide a personal guarantee before the product is available to your business.
If your business structure changes, we’ll ask any new directors or members to provide a personal guarantee, if you still have a Business Cashback Credit Card.
You can find out more about personal guarantees on our dedicated personal guarantees page
Ways to bank with us
Secure, 24/7 banking. Make payments, view transactions and much more.
- Online Banking
- Mobile Banking
- Contactless: make quick and easy purchases whenever you see the contactless indicator.
- Call us on 0330 678 1783. You can check your balance, find out when your next payment is due and more.
Account alerts
We'll send you alerts when you're near your credit limit. This can help you avoid fees and to make you aware of certain activity on your account. You can manage your alert settings through Online Banking or by calling us on 0330 678 1783.
Security
Visit our Security Centre, here you'll find information about reporting fraud as well as tips to help you minimise the threat of fraud.
How can we help you?
Changing your business details
Other borrowing options are available. See our business borrowing and financing options to find out more
Santander UK plc. Registered Office: 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Registered Number 2294747. Registered in England and Wales. www.santander.co.uk. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 106054. You can check this on the Financial Services Register by visiting the FCA’s website www.fca.org.uk/register. Santander and the flame logo are registered trademarks.