Best Business Credit Cards with No Annual Fees
Compare the best no annual fee business credit cards by real costs and features so you can choose the right card without paying yearly fees.
By Editorial
In this guide we look at business credit cards with no annual fees, because for many small businesses, and early-stage companies, keeping ongoing costs low is a priority. A business credit card with no annual fee can help you access credit and rewards without a recurring cost eating into your margins.
Below we highlight the stand-out £0 annual fee business credit cards available and what makes each one a good choice.
Best No Annual Fee Business Cards Summary
- Best overall no-fee option: Capital on Tap Business Credit Card
- Best simple cashback: Funding Circle Business Cashback Card
- Best high-street no-fee alternative: Barclaycard Select Cashback Business Credit Cards
- Best for new businesses: Zempler Bank Business Credit Card
- Best with physical branch support: Metro Bank Business Credit Card
Capital on Tap Business Credit Card (Free Plan)
Best for: Flexible no-fee option with rewards for startups & SMEs
- Annual fee: £0
- Representative APR: 34.65%
- Interest-free period: Up to 42 days
- Typical credit limit: £1,000 – £250,000
- Rewards: Unlimited 1% cashback on all card spend and redeem reward points for cash, Avios, gift cards, or against your balance
- Foreign transaction fees: None
Why choose this: You can start with a £0 fee plan and still benefit from unlimited cashback and travel points, a strong no-fee option for growing SMEs.
See more on the Capital on Tap website
More infoFunding Circle Business Cashback Card
Best for: Simple, strong cashback without an annual fee
- Annual fee: £0
- Representative APR: 34.9% variable
- Interest-free period: Up to 42 days
- Typical credit limit: £1,000 – £250,000
- Rewards: 2% cashback for six months (up to £2,000), then 1% uncapped
- Foreign transaction fees: None
Why choose this: No annual fee and a compelling introductory cashback boost make this one of the best pure cashback business cards for cost-conscious businesses.
See more on the Funding Circle website
Barclaycard Select Cashback Business Credit Card
Best for: A high-street banking option with a no-fee choice
- Annual fee: £0
- Representative APR: 25.5%
- Interest-free period: Up to 56 days
- Typical credit limit: £1,000 – £50,000+
- Rewards: Up to 1% cashback (with minimum monthly spend)
- Foreign transaction fees: 0.99%–2.99%
Why choose this: Allows access to Barclaycard’s established network and longer interest-free period without an annual fee, useful if you want mainstream banking support alongside rewards.
See more on the Barclaycard website
Metro Bank Business Credit Card
Best for: No-fee option with branch access
- Annual fee: £0
- Representative APR: 18.9% variable
- Interest-free period: Up to 56 days
- Typical credit limit: £500 – £25,000
- Rewards: None
- Foreign transaction fees: None in Europe (2.99% outside)
Why choose this: While not a rewards leader, it’s a solid no-annual-fee credit card if you value in-person support and low FX costs in Europe.
See more on the Metro Bank website
Zempler Bank Business Credit Card
Best for: Newer businesses with limited credit history
- Annual fee: £0
- Representative APR: 29.9% variable
- Interest-free period: Up to 56 days
- Typical credit limit: £250 – £10,000
- Rewards: 1% cashback (subject to terms)
- Foreign transaction fees: 2.99%
Why choose this: Unusual in offering £0 annual fee plus cashback for very new businesses, particularly useful if you’re building credit early on.
See more on the Zempler Bank website
What is a business credit card with no annual fee?
A business credit card with no annual fee is a company credit card that does not charge a yearly membership cost to keep the account open.
Like standard business credit cards, it provides a revolving line of credit that can be used for business expenses such as stock, travel, software subscriptions, and supplier payments. The key difference is that you won’t pay a fixed yearly fee simply for holding the card.
What does no annual fee really mean?
A business credit card with no annual fee means you don’t pay a yearly charge just to hold the card. This lowers your ongoing cost base, useful especially if:
- You use the card mainly to manage cash flow
- You pay balances in full and avoid interest
- You want to earn rewards without a subscription cost
However, even with no annual fee, you should still consider:
- Interest rates (APR): High APR can erase value if balances aren’t paid in full
- Foreign transaction fees: Can add cost on international spend
- Cash withdrawal fees: Often expensive and not recommended
Who Should Pick a No Annual Fee Card?
A no-fee business credit card is often best for:
- New or small businesses with tight budgets
- Businesses with steady spend but low margins
- Companies that pay their balance in full each month
- Firms that want rewards without an ongoing charge