Business Credit Cards - any great cashback/reward cards?

boonkoh

Given that most consumer credit cards have mediocre rewards/cashback due to the regulation on fees that banks can earn.... are there any business cards that give much better rewards, since they're not subject to the same regulation?

Thinking as I do own a small company, and I know you can always use a business credit card for personal use (but pay off the balance with your own money, not the company money).

guesswho2000

Amex offer various Business credit cards offering rewards, but these are the same generally as are offered on the personal Amex cards.

I believe Barclaycard also offer a business credit card offering 1% cashback, which is as good as it gets for any Visa or MC product in the UK.

Grumpy_chap

boonkoh said:

Given that most consumer credit cards have mediocre rewards/cashback due to the regulation on fees that banks can earn.... are there any business cards that give much better rewards, since they're not subject to the same regulation?

Thinking as I do own a small company, and I know you can always use a business credit card for personal use (but pay off the balance with your own money, not the company money).

I can't comment on the availability of a business reward credit card as I've never looked for one.

However, FWIW, having a business facility and then using it for personal use and settling from personal funds creates a cloudy area that I recommend is best avoided as it blurs the distinction between the individual and the Ltd Co.  This all creates potential complexity that is not worth the hassle or risk for the sake of, maybe, 1% reward which is only an extra 0.75% given that at least 0.25% reward cards are available as individual cards - if you went for a worthwhile (to you) reward (rather than cashback) card as an individual, you may find that the effective value to you is nearer to the 1% business reward that might be possible.

The_Urbanite

There’s a card called Jeeves that’s worth checking out. 

smashinglynaive

Grumpy_chap said:

boonkoh said:

Given that most consumer credit cards have mediocre rewards/cashback due to the regulation on fees that banks can earn.... are there any business cards that give much better rewards, since they're not subject to the same regulation?

Thinking as I do own a small company, and I know you can always use a business credit card for personal use (but pay off the balance with your own money, not the company money).

I can't comment on the availability of a business reward credit card as I've never looked for one.

However, FWIW, having a business facility and then using it for personal use and settling from personal funds creates a cloudy area that I recommend is best avoided as it blurs the distinction between the individual and the Ltd Co.  This all creates potential complexity that is not worth the hassle or risk for the sake of, maybe, 1% reward which is only an extra 0.75% given that at least 0.25% reward cards are available as individual cards - if you went for a worthwhile (to you) reward (rather than cashback) card as an individual, you may find that the effective value to you is nearer to the 1% business reward that might be possible.

It doesn't blur the line, it completely shatters it.

It's also highly likely to be against the cards T&C's as it'll make them liable to various consumer regulations that they'd rather not be liable under.