Rates and charges

Business banking for every business

Business Credit CardNatWest's Business Credit Card is designed for start ups and businesses with turnover less than £2M. It is simple, secure and flexible to make sure your day-to-day business runs as smoothly as possible.

The information contained in this table summarises key product features and is not intended to replace any Terms and Conditions.



Purchase APR Representative 23.2% APR (Variable)
Interest rates

Purchases
Balance transfers
Cash Advances
Cheques
Monthly Rate
1.408%
1.408%
2.075%
2.075%
Annual Rate
16.9%
16.9%
24.9%
24.9%
Interest-free periodMaximum 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:


Purchases

Balance transfers

Cash Advances

Cheques
From
Date debited to your account
Date debited to your account
Date debited to your account
Date debited to your account
Until
Paid in full

Paid in full

Paid in full

Paid in full

Allocation of payments

If you do not pay off your balance in full, payments we receive are applied towards the repayment of the items on the Business Account in the following order:

  • Cheques, Cash Advances and any applicable fees.
  • Purchases (shown on any statement) and any applicable fees.
  • Balance transfers.
  • Special offers
  • Purchases (not yet shown any statement) and any applicable fees.
  • Default charges.

For further details, please refer to your Business Card General Terms

Minimum repayment

5% or £5, whichever is greater

If you only make the minimum payment it will take longer and cost more to clear your balance.

Credit LimitMinimum credit limit £500
Maximum credit limit subject to status.
FeesAnnual Card Fee (for each card issued) normally £32
For further details, please refer to your Business Card General Terms
ChargesCash Advance Handling Fee: 3%, minimum £3
Cheque Handling Fee: 2.5%, minimum £2
Transactions in foreign currencies (including purchase of foreign currency and travellers’ cheques): 2.95%
Request to stop a cheque payment: £25
For further details, please refer to your Business Card Terms
Default chargesOver limit fee: £12
Late payment fee: £12
Returned payment fee: £12

* For 084/087 numbers, max call charge from a BT landline is 10.4p plus up to 7.6p per minute. Business rates and calls from other networks may vary. Calls may be recorded.


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0845 301 6263

Minicom
1800 201 733


Monday to Friday 8am-6pm and Saturday 9am-1pm.
Calls may be recorded