Watch our short video to find out what the Commercial Card has to offer.
Watch our short video to find out what the Commercial Card has to offer.
Whatever the challenges your business is facing, the Commercial Card is here to help you increase your working capital and pay with confidence to effectively manage your finances.
HSBC UK Business Banking app: Securely access and manage your Business Cards on the move and view your PIN, with smart security and biometric log on. Available on iOS and Android devices. Visit the Apple App Store or Google Play Store to download.*
Watch our 60 video above to find out more about the Commercial Card
Are your Cardholder contact details up-to-date?
We’re updating the way we authenticate online card payments by adding an additional layer of security to protect your business and help fight fraud – this is called Strong Customer Authentication (SCA).
It’s important that we hold the correct mobile phone number for all Cardholders on your card account. Without this information, transactions may be declined, as we won’t be able to send a One-Time Passcode (OTP) to the Cardholder’s mobile phone to authenticate online payments.
For further information about SCA, you can read the PDF document below.
What you need to do now
Please can you make sure all Cardholders check and update their mobile phone number by calling us on 03455 873 874* (for security and fraud prevention reasons, we’ll need to speak directly with the Cardholder whose details we’re updating).
* We’re open Monday to Friday 8am to 6pm. We may monitor and/or record your calls for security and service improvement purposes. If you’re calling from outside the UK please dial +44 1226 260 876. If you need a Text Relay service, you can download the ‘Relay UK’ app and call our number from within it. For other accessible ways to contact us, please visit: business.hsbc.uk/accessibility.
*Android and Google Play are trademarks of Google Inc.
Apple, iPhone, Touch ID and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.
A flexible credit limit which you can tailor to suit the changing needs of your business as it evolves*, with up to 56 days' interest-free credit to boost your cash flow.
Manage and control spending on all your Commercial Cards by adding single transaction limits, and restricting certain merchant channels (Grocery, DIY stores) or transactions (ATMs, online, international).
Controls can only be applied by Primary Users on our Business Internet Banking desktop website. Once logged in, simply go to: Account services > Card spending controls, and select the card you want to amend.
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 | Purchases & Cash Advances
|
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:
|
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:
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 minimum monthly payment will be the higher of either £5 or the sum of:
We recommend that you pay more than the minimum repayment wherever possible. If you make only the minimum repayment each month, it will take you longer and cost you more to clear your balance. |
Credit limit | Minimum: £500 Maximum: Subject to status |
Charges | Cash Advances: 2.99% handling fee, minimum £3
|
Default charges | Late payment: £12
|
Foreign Usage | Travelling in the European Economic Area (EEA)1? See how paying in local currency on your HSBC UK credit card compares to the European Central Bank (ECB)’s latest foreign exchange rates2 here (PDF, 129KB).*1 European Economic Area where you can pay in currency includes Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Iceland, Ireland, Latvia, Lithuania, Liechtenstein, Luxembourg, Malta, Norway, the Netherlands, Poland, Portugal, Romania, Spain, Slovakia, Slovenia and Sweden. 2 This shows the percentage difference between the ECB exchange rate and your HSBC card rates, depending on how you pay. Visa rates can be found here* Dependent upon the type of transaction you undertake one or more of the following charges will apply:
* These two links will open a new browser window and may allow you to access another HSBC Group website or other non-HSBC websites. 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. HSBC UK Bank plc has no control over non-HSBC websites and is not liable for your use of them. ATM Locator For more information on where in the world you can withdraw cash using your card, please visit www.visa.com/atmlocator Please tell us when you’re travelling We automatically monitor your card for unusual non-sterling transactions, so to reduce the chance of us declining a business transaction while you are abroad, please call us on 03457 60 60 60 to let us know you’re travelling before you set off. |
Fees | No annual fee for the first year. |
Discover more rewarding ways to make payments using your HSBC Business card. We know discounted transactions can make a big difference to your business and its cashflow, and you can enjoy the benefits by clicking on our dedicated offers page.
You’ll need to have an HSBC business current account.
If you are registered for Business Internet Banking, and are the Primary User, you can apply here:
If you are new to HSBC UK or prefer to speak to someone, you can call us now on:
We’re open Monday to Friday, 8am to 8pm and Saturday, 8am to 2pm (subject to change over certain periods).
Text Relay service
If you need a Text Relay service, you can download the ‘Relay UK’ app and call our number from within it. For other accessible ways to contact us, please visit our Accessibility page.