Corporate Card
No matter what the size of your organisation, a Bank of Scotland Corporate deferred debit card is a great way of controlling business expenses. A Corporate Card will help you keep track of receipts, petty cash vouchers and expense forms.
Benefits
- Up to 38 days' interest free credit. This assists your cashflow and can help save on any overdraft interest payable on your business bank account
- Widely accepted. Our Corporate Card can be used throughout the world for purchases.
- Individual cardholder statements and overall summary for better control over your expenses
- Monthly settlement by one Direct Debit, reducing the need to issue numerous cheques. You can select a settlement date within one of four weekly cycles.
- Benefits businesses of all sizes
- Reduced administration
- Additional cardholder benefits
- Corporate 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.
Annual spend per cardholder amount per year
Less than £2,500: £30
£2,500 to £4,999.99: £25
£5,000 to £9,999.99: £20
£10,000 to £29,999.99: £15
£30,000 and above: £0
Corporate Cardholder benefits
As a Bank of Scotland Corporate Cardholder you can take advantage of a range of benefits that have been negotiated on your behalf. So, provided you use your Bank of Scotland Corporate Card as payment, you could be making your business life a little easier and a lot more enjoyable.
Corporate liability waiver
In the event of a cardholding employee misusing the Corporate 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.
Lost or stolen card
If calling from the UK, please dial 0845 300 0344†. If you are calling from overseas or in case of emergency, please ask the operator to reverse the charges to +44 131 549 8050.
Contact us
If you are a new customer phone us on 0845 603 2408† (Mon - Fri 9am - 5 pm) or email us. If you are an existing customer phone us on 0845 300 4709† (Mon - Fri 9am - 5pm) or email us.
*Cash withdrawal fee of 2% of cash advance (minimum £2).