Commercial Card

No matter what size your business is, this deferred debit card is a great way of controlling expenses. You can keep track of each employee’s expenditure with ease.

• Up to 38 days interest - free credit

• Individual employee credit limits can be set in addition to a total agreed business limit

• Individual cardholder statements and overall summary statement monthly

• Commercial Card annual fees are charged 12 months in arrears for each card issued, a fee will be charged in the 13th month after the card is issued and every 12 months after that. The amount of the fee is based on the total spend on the card by each cardholder in the previous 12 months.

• Monthly settlement by one Direct Debit

• Use the card to buy online safely with  Bank of Scotland Secure

Additional benefits include

• Corporate Liability Waiver Insurance*

*In the event of a cardholding employee misusing the Commercial Card, this valuable insurance automatically protects you against losses up to £1,000,000 per business and £15,000 per cardholder. The period of waiver is 75 days prior to the discovery date of the loss by your company and 14 days after this date.
 

We subscribe to The Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk