How it works

Cards for small businesses

The effective way to manage your account

You have the option to manage your account how you choose.

How your credit card account works

This section gives detailed information about how your credit card account works and what you need to know to manage it most effectively.

The basics

With the credit card account you have the added flexibility of choosing to settle your account in full, or, make a minimum payment of 5% or £5 (whichever is the greater), and carry the balance over to the next month. You can also choose to pay any amount off in between.

With the charge card your account is settled in full at the end of each billing month incurring no interest charges.

Using cards can help you manage your cash flow more effectively, encourage more positive relationships with your suppliers and are convenient and flexible for you too, as they can be used everywhere you see the VISA sign.

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