The MBNA small business credit card
is a great card to manage everyday business expenses which has no annual fee and a
low APR interest rate for a credit card.
It's a good idea to separate personal and business expenses so you can manage your costs better and you get detailed statements each month showing you what you have spent.
You can also manage your account online and you get free insurance against purchase and employee misuse.
In summary this is a great basic credit card for a small business and the key features of this card are as follows:
To apply online you'll need to have all relevant information about yourself and your business to hand which can take a little while to complete the application form.
When we say this is a low interest rate we mean low for credit cards as these are unsecured on your business. Be aware that any money transferred onto this card is paid off first so you will always be paying the higher interest rate on any purchases you have made.
The main benefits are the introductory offers for balance transfers and purchases which are all offered on this card. This card also has no annual fee unlike most other business credit cards which makes it a great starting point.
