Business Plus credit card

Trade/business supplies includes spend at:

Lumber/Building supply stores

Electrical Parts/Equipment suppliers

Plumbing/Heating Equipment suppliers

Stationery and Office suppliers

Computers/Computer Part suppliers

For  details of all the merchant categories included under ‘trade/business supplies’ check out our cashback information sheet (PDF, 52KB). To check if a merchant you use qualifies, please see our merchant checker tool.

For more information see the Cashback Scheme Terms and Conditions (PDF, 31KB)

To earn cashback on fuel (including petrol, diesel and LPG) you can spend at petrol stations such as Esso, BP, Shell, Morrison's, Sainsbury's and Tesco. 

To earn cashback on hotel and lodge accommodation, you can earn against spend at Holiday Inn, Travelodge and Best Western. 

To see details of all the fuel and accommodation merchant categories you can earn cashback on, check out our cashback information sheet (PDF, 52KB). To check if a merchant you use qualifies, please see our merchant checker tool.

For more information see the Cashback Scheme Terms and Conditions (PDF, 31KB)

You can earn 0.5% on all other business spending.

Interest-free credit is not available on balance transfers and cash advances.

Instead of paying the balance in full every month you can just pay the minimum amount by the required date. This is quite handy if your customers are being slow to pay you.

What you should know

If you only pay the minimum payment it will take longer and cost more to clear your balance and there can be a risk of escalating debt, additional interest or charges and of potential financial difficulties.

With our online tools you can stay on top of all your credit card activity.

Track your spending, monitor the cashback you're earning and set up alerts so you're always up-to-date.  

Find out more about managing your card

Set up spending alerts that warn you when you’re near your credit limit

Build and run reports which can be integrated with accountancy software

View 24 months of transactions online

ClearSpend provides you with control and visibility of card transactions, so you can feel comfortable issuing cards to employees and see precisely how money is being spent.

Find out more about ClearSpend

Your payments are used to repay the items on your account in the following order:  

1. To reduce sums shown on your most recent monthly statement, according to their interest rates, with the highest rate paid first; and
2. If any payment exceeds your most recent monthly statement balance, the excess will then be applied to reduce sums charged to your card but not yet shown on any monthly statement. This is also done according to interest rates, with the highest interest rate paid first.

If parts of either of the balances referred to above have the same interest rate, sums on which interest is charged on interest will reduce first.

For further details, please refer to the Business Credit Card Agreement (section 8) and the Business Card General Terms. (PDF, 82KB)

The minimum payment will be the greater of:

1. £5 or the full balance if less; or
2. that month’s interest, any Default Charges, 1/12th of any annual fee and 3% of the remaining balance (excluding any annual fee).

How to reduce your interest charges

The best way to reduce interest charges on your business credit card is by repaying as much of your balance as you can afford to each month. Even if you want to stick to the minimum payment you currently make by monthly Direct Debit, you can still make extra payments on top, any time you want. The back of your credit card statement explains the variety of payment methods you can use.

Annual fee (per card) £70

Admin fee for late payment £12

Admin fee if a payment is returned unpaid £12

If business credit limit is exceeded £12

An administrative charge for ancillary services (such as providing duplicate statements) (£1 per page, maximum charge £40)

Cash Advance charge – 3% of the transaction amount (minimum charge £3)

A balance transfer is when you move the money you owe (the balance) from one credit card provider to another, often with a lower rate of interest. That’s why if you do a balance transfer to the Royal Bank credit card, you might end up paying less.

How it works

Apply for a Royal Bank business credit card. If you’re accepted, you can then get in touch to request a balance transfer. 

The balance transfer rate you’ll pay is provided in your credit card terms and conditions.

You may request a balance transfer of up to a total of 95% of your available credit limit.

What you should know

You can’t do a balance transfer from any other Royal Bank of Scotland Group credit cards.

• You can't do a balance transfer from any Personal credit cards.

We might charge a fee when you do a balance transfer.