Bankchart.co.uk offers you a list of banks with no annual fees or minimal servicing charges. Just look through the offers in the table below and choose the bank that best suits your business needs.
How to apply for no annual fee business credit cards in the UK:
- Research and Compare Cards from the table above. Bankchart.co.uk's analysts have already researched the offers of business credit cards in the UK market and have selected offers for you with zero or low card maintenance fees.
- Visit the official websites of the banks or financial institutions offering the cards you're interested in and gather all the necessary information and documents that the bank may require, which could include your business details, financial statements, personal identification, and more.
- Most banks offer online application forms for no-fee business credit cards. Fill out the application form accurately and provide all the requested information.
- You'll typically need to provide details about your business details, personal information, and financial details.
- Once you've completed the application form and provided all the required information, review everything to ensure accuracy.
- The bank will review your application and may conduct a credit check. This process may take some time, and you might be contacted for additional information.
- You'll receive a decision from the bank regarding your application. If approved, you'll likely receive your new business credit cards with no annual fee in the mail.
- Follow the instructions provided with the card to activate it.
Business loan calculations for 3 years (example)
| Amount, $ | Rate, % | Accrued %, $ |
| 500,000 | 8.00% | 61,667 |
| 500,000 | 8.10% | 62,438 |
| 500,000 | 8.20% | 63,208 |
| 1,000,000 | 9.00% | 138,750 |
| 1,000,000 | 9.10% | 140,292 |
| 1,000,000 | 9.20% | 141,833 |
| 2,500,000 | 10.00% | 385,417 |
| 2,500,000 | 10.10% | 389,271 |
| 2,500,000 | 10.20% | 393,125 |
| 5,000,000 | 11.00% | 847,917 |
| 5,000,000 | 11.10% | 855,625 |
| 5,000,000 | 11.20% | 863,333 |
Are there 0 interest business credit cards?
Yes, there are 0% interest business credit cards available in the UK. These cards typically offer an introductory period during which no interest is charged on purchases, balance transfers, or both. This can be highly beneficial for businesses looking to manage cash flow, make purchases, or consolidate existing debt without incurring interest charges during the promotional period.
