Barclaycard Select Charge Card review
- Interest-free each billing period
- Up to 38 days
- Minimum credit limit
- £1,000
Review
Wondering why you might choose a charge card over, say this card's big sister – which lets you carry an outstanding balance if you need to and offers cashback to boot? Well, the 2 biggest reasons are financial discipline (not being tempted into racking up card debt), and building a positive company credit history – demonstrating to future lenders that you're a safe prospect while not alarming them with a huge ongoing credit limit at your disposal (and the prospect of hefty interest payments).
This particular business card, like all business Barclaycards, comes with access to the Business Rewards programme. That means exclusive pre-sale tickets plus discounts on hotel bookings, dining out and car hire, for example.
It's otherwise a fairly straightforward no-frills option, letting you monitor and manage employee cards through the MyControls online portal. There's also an app available to all cardholders offering limited features to track their card use.
Pros
- Customers report excellent customer service when dealing with Barclaycard Business
- Avoid currency conversion charges when spending abroad
Cons
- Annual fee
Pros
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Gives you up to 38 days of payment flexibility.
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Order additional cards for your team at no extra cost.
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Purchase protection and cardholder misuse insurance.
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Access exclusive offers through Barclaycard Business Rewards.
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Customers report excellent customer service when dealing with Barclaycard Business.
Cons
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Because it's a charge card, you can't carry a balance from month to month.
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Account fee of £42 per annum.
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While most cards offer up to 55 interest-free days to pay off your bill in full each month, this card gives you 38.
Details
Product Overview
| Issuer | Barclaycard Business |
| Network | Mastercard |
| Annual/monthly fees | £42 per annum |
| Purchases | N/A (this product is a charge card). |
| Purchases interest-free period | Up to 38 days |
| Minimum credit limit | £1,000 |
| Maximum credit limit | Subject to status: £50,000 |
| Incentive | Control spend and manage business expenses. Access to business rewards with discounts and offers from leading retailers and suppliers. T&Cs apply. |
| Additional Rewards Info | A FreshBooks accounting plan to help with business admin tasks, worth £264 a year. Free FreshBooks Plus plan available for selected Barclaycard customers only. FreshBooks reserves the right to terminate free accounts that don’t belong to an existing Barclaycard customer. The partners may receive a revenue share from each other on approved applications. |
| Potential costs | 7.9Great |
| Extras | 5.2Standard |
| Overall Finder Score | 5.6Standard |
Fees and charges
| Minimum monthly payment | Full outstanding balance |
| Annual/monthly fees | £42 per annum |
| Foreign usage charge (EU) | 2.99% |
| Foreign usage charge (rest of world) | 2.99% |
| Cash advance fee | 3% (min. £3) |
| Late payment fee | £12 |
| Duplicate statement fee | £3 |
| Exceeding limit fee | £12 |
| Additional card fee | £0 |
Application Requirements
| Minimum Age | 18 |
| Additional Criteria | UK-based businesses only Your business turnover or new business plan exceeds £10,000 per year |
| Minimum turnover | £10,000 |
How to apply
If you've compared cards and settled on the Barclaycard Select Charge Card, completing the secure online application form takes about 15 minutes. Before you apply, check that you meet the eligibility requirements and have the information and documents you'll need to make the process as straightforward as possible.
Barclaycard customer support
You can contact customer support on 0800 161 5343. Lines are open 8am – 6pm from Monday to Friday.
Frequently asked questions
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