Start your research for finding your business a credit card with our RBS Business Credit Card review.
RBS Business Credit Card Review
RBS Business Credit Card Review: FAQs
Is It Beneficial to Have a Royal Bank of Scotland Business Credit Card?
There are many benefits to using a Royal Bank Scotland credit card for your business, and some of them are as follows:
- You can spread the cost over 56 days interest-free if you pay off your balance in full each month.
- If you spend £6,000 or more on your credit card each year, you can waive the annual fee.
- You can earn cashback with your credit card on certain purchases.
- You can choose flexible monthly repayments; you can pay the minimum or the amount in full each month.
Is There a Personal Credit Check for a Business Credit Card?
Yes, suppose this is your business’s first credit card. In that case, banks will conduct a personal credit check as there is usually nowhere else to draw information from about the credibility or creditworthiness of a new business.
What Are the Drawbacks of Royal Bank of Scotland Business Credit Cards?
The drawback of an RBS credit card is that the business credit card is only available to existing business bank account customers. If you need multiple cards for your employees to make business expenses, you will be charged per card each year.
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