Paying by cards for mid-sized businesses

Cards for mid-sized companies

The mid-sized company solution

  • Pay for business purchases
  • Help control expenditure
  • Reduce administration and make cost savings
  • Manage your card account online

Fees

The Corporate Card is available in either silver or gold. Whichever you choose, you'll find a competitive rate for your business, allowing you the flexibility to choose the card that works for you.

Fee option Barclaycard Business Silver Card

Barclaycard Commercial Gold Card
Barclaycard Business Gold Card

Barclaycard Commercial Platinum Card
Annual fee only £32 pa £78 pa

Cash Withdrawals

You can use your corporate card to withdraw cash in the local currency from ATMs world-wide (if authorised).

Cash Withdrawal Barclaycard Business Silver Card

Barclaycard Commercial Gold Card
Barclaycard Business Gold Card

Barclaycard Commercial Platinum Card
Maximum daily withdrawal (subject to cash limit) £500 £500
Handling charge* 3% (min £3) 3% (min £3)
Foreign Exchange Fee** Barclaycard Business Silver Card

Barclaycard Commercial Gold Card
Barclaycard Business Gold Card

Barclaycard Commercial Platinum Card
Foreign Exchange fee** 2.99% 2.99%

Interest Charges

With the corporate card you can usually get up to 38 days interest-free credit at the end of which the balance gets settled in full (see Bill Payment). If you miss your payment date interest is charged at 2% per month, calculated daily from the statement date until the balance (including any charges) is repaid in full.

Bill Payment

The total balance for all cardholders is usually settled in full within 7 days of the date of your statement by direct debit (providing you with an interest-free credit of up to 38 days).

Late Payment, Returned Payment and Exceeded Limit

You may incur additional charges if your account balance is not settled in full at the end of your interest-free credit period or if you exceeded the agreed account limit.

Late payment £25 per month
Returned payment £25 per month
Exceeded limit £25 per month

If you think you might need a temporary increase in your limit to cover special circumstances, or you need to rearrange limits between your cardholders this facility may be agreed in advance if you contact us.

Administration and Management Information Charges

Company and cardholder statements are sent to the company as standard. Additional copies can also be provided for a fee. Monthly and annual management information reports are also available - fees may apply.

Regular statements to the company and cardholders Free
Copies of previous statements £3 per statement
Copy of a transaction receipt £5 (unless you are disputing a transaction that is found in your favour, in which case the fee will be refunded)

* Overseas cash withdrawals will be subject to both handling and foreign exchange commissions.

** Foreign exchange fees apply to all transactions made in a foreign currency.

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