Business credit cards with rewards
Business reward credit cards help UK companies earn cashback, points or air miles on everyday spend while smoothing cash flow. We compare options from multiple UK providers so you can match earn rates, fees and perks to your spending pattern.
Last updated: October 2025, edited by Joe Morley, reviewed by Vivek Seda
Key takeaways
Used exclusively for business transactions
Choose a rewards card when you pay in full monthly and want perks; consider other finance (e.g., revolving credit facility) if you’ll carry a balance.
Rewards types: cashback, points, air miles
Best for: predictable monthly spend you can clear in full
Watch for: annual fees, FX fees, cash-advance charges, late fees
Alternatives: unsecured business loans, merchant cash advance, trade credit
How business card rewards work
You earn a return on eligible purchases, often with bonus categories (e.g., fuel, travel, advertising). Some cards offer intro bonuses after a spend threshold. Most exclude cash-like transactions and may cap monthly/annual rewards. To maximise value, pay in full each month—interest usually wipes out rewards.
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How do I choose the best business rewards credit card for my business?
Points or air miles versus a cashback credit card
The main decision you will have to make is choosing between a card that has heaps of tantalising rewards redeemable against points or air miles versus a cashback credit card—typically with 1% cash back for every eligible £1 spent.
Capital on Tap Business Credit Card
The Capital on Tap Business Credit Card offers an upgrade to Capital on Tap Business Rewards Card for £99 pa to choose from earning cashback or Avios and you will receive 10,000 bonus points when you spend £5,000 on your card in the first three months.
High interest rate?
Let’s say your business pays a high interest rate on a large monthly balance. In this case, the benefits of frequent flyer points or travel insurance discounts will be overshadowed and not economical. A business owner would be better off choosing a card with a lower APR instead of a card with rewards or a long interest-free period.
Travel overseas frequently?
In contrast, a business with staff who need to travel overseas frequently might be better suited to a card with frequent flyer points. The best advice is to take a holistic view of what the card can offer you and try to see past the short-term perks and incentives.
Which is best suited to your business?
The main question you need to ask yourself when trying to decide between miles/points vs cashback cards is which type of rewards are best suited to your business and industry. Will you be spending enough to break even on a card, especially if it has annual fees, and if there are no fees are the cashback percentages high enough to make it worthwhile? Be sure to always check the representative APR and look closely at the small print for how to apply for rewards and how to redeem them.
Ask questions
Questions like whether the rewards expire and if you can transfer rewards from one programme to another are worth asking at the start. If you don’t think you or your employees travel enough for business travel rewards including hotel stays, you might want to choose the flexibility that comes with a cashback card. Choosing the credit card that will best suit your business could save you thousands each year.
What lenders/providers look for (eligibility)
UK business (Ltd/LLP/sole trader) and affordability
Credit signals for the business and principals (PG may apply)
Operational profile: employee card needs, category mix, international usage
What can I redeem my credit card points against?
Exchange credit card points
Once a certain threshold of points has been accumulated, a business can exchange these credit card points against various things.
Flights and gift cards
Examples include reduced fares for flights, hotels, and rental cars and gift cards for suppliers and vendors.
Stock and charitable donations
Other examples include discounts on gas, stock, and equipment and charitable donations.
Costs & fees
What to check
Annual fee: weigh against expected rewards value
APR / interest: if you revolve, consider revolving credit facility or business loans for potentially lower costs
FX fees: crucial for international spend
Cash access: cash-advance fees/interest start immediately
Late/over-limit fees: harm credit and negate rewards
This page gives general information, not financial advice. Product availability, eligibility and pricing vary by provider and case.
Is a rewards card right for you?
Choose a rewards card if you:
Clear balances monthly (or use an auto-pay setup)
Spend in categories with high earn rates (e.g., digital ads, fuel)
Want employee cards with spend controls and consolidated statements
Consider alternatives if you:
Need revolving borrowing at lower cost (revolving credit facility)
Fund larger projects or working capital (unsecured business loans / business loans)
Have card-heavy sales but uneven cash flow (merchant cash advance)
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Calculations are indicative only and intended as a guide only. The figures calculated are not a statement of the actual repayments that will be charged on any actual loan and do not constitute a loan offer.
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Financial product information
Representative example*
• 9.7% APR Representative based on a loan of £50,000 repayable over 24 months.
• Monthly repayment of £2,291.56. The total amount payable is £54,997.44
*Some lenders may apply fees during the application process, please note that these are set and provided by these entities.
Annual Percentage Rates
Rates from 8.2% APR
Repayment period
1 month to 30 years terms
Learn more about business credit cards with rewards
What are business credit cards with rewards?
Cards that earn cashback, points or miles on eligible business spend. Best value is achieved by paying in full monthly.
Are rewards better than a low-rate facility?
If you revolve, rewards are often outweighed by interest—compare with a revolving credit facility or business loans.
Do I need a personal guarantee (PG)?
Often for SMEs and new firms. Strong financials and time trading can help reduce PG requirements, but policies vary.
Can startups get a rewards card?
Yes, but limits may be lower and fees higher. Solid bank history and accurate forecasts help.
Do rewards expire?
Points/miles sometimes expire; cashback often doesn’t (check provider T&Cs). Breakage reduces real value.
Please note that the information above is not intended to be financial advice. You should seek independent financial advice before making any decisions about your financial future.
It’s important to remember that all loans and credit agreements come with risks. These risks include non-payment and late-payment of the agreed repayment plan, which could affect your business credit score and impact your ability to find future funding. Always read the terms and conditions of every loan or credit agreement before you proceed. Contact us for support if you ever face difficulties making your repayments.
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Joe Morley
Business Finance Lead
Joe has been helping UK businesses secure the funding they need since 2015. Over the years, he’s supported hundreds of SMEs in accessing millions of pounds for everything from purchasing essential assets to unlocking working capital for day-to-day operations. As Head of Sales at Funding Options, Joe leads a large team of expert Business Finance Specialists dedicated to finding the right solution for every customer. His goal is simple - to make securing finance straightforward, stress free, and tailored to each business’s needs.