Business Credit Card

Get a handle on your day-to-day expenses, boost your cash flow and get more time for the work you love.

At a glance

  • Improve your cash flow with up to 56 days' interest-free credit

  • You’re fully protected against fraudulent transactions

  • Speed up purchases with contactless payment

  • Get your spending organised with financial reports and account reconciliation

  • The first year’s on us – we will waive the annual fee

  • Keep things simple with flexible repayment options

Get your Business Credit Card

Apply for a Business Credit Card

Are you a primary user of HSBC Business Internet Banking?

If you're approved, you'll see your account straight away.

If you don’t have time now, we can call you back whenever suits you (between 9am – 5pm, Monday to Friday UK time).

Are you an existing HSBC business customer?

You can apply now by calling:

0800 731 8918

Lines are open 8am to 10pm every day (except Christmas Day, Boxing Day and New Year's Day). To help us continually improve our service and in the interests of security, we may monitor and/or record your telephone call.

Textphone 18001 08457 125 563

Important information
Before applying, please read the following two documents carefully, including the 'Your Information' section in the Business Banking Terms and Conditions.

Check your eligibility

Find out instantly if you're likely to receive the money you need


Start now


Existing cardholders, apply for additional credit card


Apply now

Key benefits

Tailored to you – a credit limit matched to suit the needs of you and your business (subject to status)

All safe & secure with zero liability for any fraudulent transactions

Easy statement reconciliation so you can keep your business and personal spending separate

For only £32 annually – and the first year is on us!

Flexible cash flow with up to 56 days' interest-free credit

Additional cards available for employees

Repayments made easy – pay by direct debit, online and over the phone

Keep track of your spending with statements using online banking

Accepted worldwide, home or away, in shops or online

Contactless for quick and easy purchases under £30

Rates and charges

Representative example: based on an assumed limit of £1,200, our 15.9% rate p.a. for purchases gives a representative rate of 22% APR variable.

Summary box
The information contained in this table summarises key product features and is not intended to replace any Agreement Terms.
APR Representative 22% APR variable
Interest rates   Monthly Rate Annual Rate
Purchases 1.238% 15.9% variable
Cash Advances 1.238% 15.9% variable
Interest free period Up to 56 days (38 days if you pay in full each month by Direct Debit) on Purchases and Cash Advances if you pay your whole balance in full and on time.
Interest charging Information You will not pay interest on new purchases if you pay your balance in full and on time. Otherwise the period over which interest is charged will be:
  From Until
Purchases Date debited to your account Paid in full
Cash Advances Date debited to your account Paid in full
Allocation of payments If the amount you pay in a month is less than the full amount you owe, we will apply the amount you pay in the following order:
  1. any unpaid arrears or amounts over the credit limit;
  2. the amount you owe us and shown in your statement;
  3. any transactions, interest or charges not yet included in a statement.

We will apply your payment first to amounts on your account which we charge at the highest interest rate followed by amounts we charged at lower rates. In each case, interest and charges are paid off first.

If some amounts are charged at the same interest rate, we will apply your payment to the oldest amounts first.

Minimum payment The sum of:
  1. the interest for the period from the last statement;
  2. any fees and charges;
  3. 1.5% of the full amount you owe us as shown on your monthly statement rounded to the nearest pound above minimum £5 or your statement balance if it is lower.
Credit limit Minimum £500
Maximum Subject to status
Charges Cash Advances 2.99% handling fee, minimum £3
Default charges Late payment £12
Foreign Usage Visa rates can be found at www.visaeurope.com/en/cardholders/exchange_rates.aspx
Dependent upon the type of transaction you undertake one or more of the following charges will apply:
  • Non-Sterling Transaction fee - 2.99% of the sterling amount of the transaction
  • Cash Fee - 2.99% of the amount advanced, minimum £3
Fees Annual fee £32
No annual fee for the first year after the card is opened

 

The links on this page will open a new browser window and may:

  1. Allow you to access other websites. Please read the linked websites' terms and conditions. HSBC UK Bank plc has no control over non-HSBC websites and is not liable for your use of them.
  2. Allow you to access another HSBC Group website. Please read the terms and conditions of the linked website, which may differ from the terms and conditions of HSBC UK Bank plc's website.

Applications are subject to status. Terms and conditions apply.

Availability of Balance Transfer facilities is at the discretion of HSBC.

1After the initial 12 month period, the annual charge for each Commercial Card is £32.

FAQ: About your card

Q. Who can apply for a Business Credit Card?
A. Any business with an HSBC Business Current Account is eligible to apply for a card. Schools and Charities can apply if they are authorised to borrow. (Application is subject to status. Terms and Conditions apply).

Q. Can I use my Business Credit Card to withdraw cash?
A. Yes, as long as this is agreed by the business, cardholders are able to withdraw up to £500 per day in cash, subject to a cash-handling fee of 2.99% (minimum £3.00). Cash advances abroad may be subject to local currency regulations.

Q. Is there a way for me to use the card and not pay any interest?
A. Absolutely! If you’re set up on the minimum Direct Debit option, you get up to 56 days, interest-free, on your purchases (subject to the balance being paid in full within 25 days of the statement issue).

Customers on the full Direct Debit option can get up to 38 days, interest-free.

Q. Are there any card fees?
A. The annual fee for each card is £32. We will waive this fee for the first year after account opening. For information on interest rates and other charges, please see rates and charges.

Q. Can I view my statements online?
A. Yes, up to 6 months of statements can be viewed online using Business Internet Banking. Find out more about Business Internet Banking.

FAQ: Security and your card

Q. Am I protected against fraudulent transactions?

A. Definitely. Your card’s Zero Fraud Liability protection will cover you in the following instances*:

  • If your card is used, without your authority, to make online transactions.
  • If an employee misuses a card that has been issued to them.

You also have access to risk assessment tools and a dedicated identity theft helpline. These are offered by HSBC, in partnership with PrivacyGuard®.

Q. Can I use my Business Credit Card online and for mail order purchases?
A. Yes, your card is a secure way of buying goods and services over the phone and on the internet. We use Verified by Visa® to help protect your card online. However please check that the site you are buying from is secure by looking for the closed padlock symbol.

Q. What is Verified by VISA ®?
A. Verified by Visa is designed to help prevent fraud, when you place an order on the internet you may be invited to register for the service. If you do not do so, as part of our fraud prevention measures we may not authorise further internet transactions with participating organisations.

FAQ: Making payments

Q. How do I make payments to my Business Credit Card account?
A. Direct Debit. When your account is opened, you can choose between ‘minimum’ or ‘full repayment’ options. Accordingly, money must be taken from your HSBC business current account, 7 days after your statement date.

Q. What is the minimum monthly payment?
A. £5 or 3% (rounded up to the nearest pound) – whichever is higher. If your balance is less than £5, then the full amount will be due.

Q. How is the interest calculated on my Business Credit Card?
A. Interest will be charged, daily, from the statement date until the outstanding balance has been fully repaid. If the balance hasn’t been cleared by the next statement date, interest will be charged at a monthly rate.

Q. What happens if I miss my payment date?
A. If you miss your payment date, a fee of £12 may be charged to your account. Interest will also be charged, daily, on the overdue balance until everything is paid in full.

A. If you keep missing your payment dates, your account might be suspended, and legal action may be taken in order to recover the outstanding amount.

Q. Can I cancel my Direct Debit?
A. No. A ‘minimum’ or ‘full repayment’ Direct Debit is part of the terms of your Business Credit Card and must be from your HSBC business current account. Therefore, it cannot be cancelled.

However, you can change your mind about which direct debit option you would prefer. If this happens, please get in touch.

If you have any other questions about our Business Credit Card, please contact us.

Protecting your business

PrivacyGuard®
We work with PrivacyGuard® to help protect and safeguard your business. You have access to a dedicated help-line for advice if you have any concerns about identity theft. You can also use the free online risk-assessment tool.

If you ever know about or suspect identity theft, please call PrivacyGuard® on 03456 072 0361
Want to assess the potential risks to your business? Click here

Business purchases
Our Zero Fraud Liability protects you against online transactions that have been made without your authority. If you issue cards to two or more employees, you are protected if the card is misused.
Reduce the chance of fraud with Verified by Visa when your business buys online at participating merchants.

State-of-the-art Fraud Detection System
This looks for any unusual activity on your account in order to help protect you from fraud.
We may contact you to check that transactions are genuine.

Global assistance
If your card is lost or stolen at home or overseas, we provide 24 hour world wide assistance.

Contact our team on:
Lost and stolen cards
UK (including Channel Islands and Isle of Man)
Telephone: 0800 032 7075 Textphone: 0800 028 35 16
Overseas
Telephone: +44 1442 422 929

Important information

Find out more

1 Lines are open Monday to Friday 8am – 8pm & Saturday 8am – 5pm. (lines are closed on Sunday and public holidays). Communications may be monitored and/ or recorded.

Applications are subject to status. Terms and conditions apply. After the initial 12 month period, the annual charge for each Commercial Card is £32. Excludes Commercial Card which is fee free for the first 12 months only.

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Get your Business Credit Card

Check your eligibility

Find out instantly if you're likely to receive the money you need


Start now


Existing cardholders, apply for additional credit card


Apply now

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