Business Credit Card rates

Our Business Credit Card is a straightforward way for you to manage cashflow and stay on top of business expenses.

Read through the tables below to see how your business will be charged for this service.

The information in these tables summarises key product features and is not intended to replace any terms and conditions.

  • APR - Typical 22.4% APR (variable)

    Interest rates

    Interest rates

    Monthly rate

    Annual rate

    Interest rates


    Monthly rate


    Annual rate


    Interest rates

    Cash withdrawals

    Monthly rate


    Annual rate


    Interest rates and repayment options



    Interest-free period

    • Maximum 45 days on new purchases if you pay your balance in full and on time each month.
    • No interest-free period on cash withdrawals.


    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 is as follows:

    • Purchases: from date transaction is added to the cardholder account until paid in full.
    • Cash withdrawals: from date transaction is added to the cardholder account until paid in full.
    • If you repay your balance in full, you will pay interest on cash withdrawals on consecutive statements. The first statement will cover the period from the date the cash withdrawal is added to the cardholder account to the statement date and the following will show interest payable between the previous statement date and the date of your repayment


    Allocation of payments

    We use your payments to reduce the amount you owe in the following order:

    1. any overdue amounts from previous statements, then
    2. the remaining balance on your statement; then
    3. any recent transactions not yet shown on your statement.

    We use your payments to pay off balances charged at the highest interest rate first and so on down to balances with the lowest interest rates. This means the more expensive balances are always paid off first.

    For further details, please refer to your credit card terms and conditions.


    Minimum repayment

    You must pay at least the minimum payment every month of the higher of £5 or the total of:

    • Any interest charged in the statement period;
    • Any Default charges charged in the statement period;
    • 1/12th of the annual fees; and
    • 1% of the balance shown in the Statement.

    If your outstanding balance is less than £5, you must pay the full amount you owe.

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


    Business credit limits

    Minimum business credit limit £1,000. Maximum business credit limit £10,000 subject to status



    £32 per card per year

  • Charges



    Cash withdrawals

    2.5% handling fee, minimum £2.50


    Copy of statements

    £6 for a copy of a non-current statement


    Copy of Transaction Receipts

    £5 per item (there will be no charge if your query reveals an error has been made)


    Default charges

    £12 for late payments, returned payments or if you exceed your business limit

  • Foreign fees



    Payment scheme exchange rate


    Non-Sterling transaction fee

    2.95% of the amount of the Sterling transaction value


    Non-Sterling cash fee

    2.5% (minimum £2.50)

  • Default charges



    Late payment fee



    Business limit exceeded fee



    Returned payment fee


  • Our Business Credit Card is accepted in millions of outlets worldwide, where the Mastercard sign is displayed. Allowing you to withdraw up to £500 a day, it’s a convenient way to cover costs on the go.

    Find out more about our Business Credit Card

  • Lending rates

    Get information on rates and charges for our business overdrafts.

    Rates and charges

    Compare easy-to-follow figures on all our rates and charges.

Contact us

On the phone

0345 072 5555

We are available Monday to Friday, 7:00am – 8:00pm; Saturday, 9.00am – 2.00pm.

Business Credit Cards

Our Business Credit Card offers you a straight forward, flexible way to manage cash flow, stay in control of business expenses and could reduce your bank charges.

Finance selector

A useful tool to help you find out which of our finance options may be right for your business.

Launch selector

Important legal information

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278. Telephone: 020 7626 1500

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.

Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.