Card One – Business Banking

Card One – Business Banking

Life can be tough starting out as a new business. You have to consider the costs for staff, property, supplies and more and make sure you have ticked all the technical boxes. We all need a helping hand at times and this is one of them. Card One are one of a number of smaller lenders that can help secure you a sense of financial stability. Their bank account comes with it’s own unique set of benefits and shortfalls that may suit your business needs. Let’s take a look at some of the main features that it boasts.

They can offer you:

  • An Account with no credit checks.
  • Up to 4 pre-paid Mastercards linked to your account.
  • A UK-based call centre
  • Direct debits with increased levels of security.
  • Access to account through smart phone or tablets.


What else should I know?

There’s so much choice when it comes to deciding who to bank with, and most of it depends upon your priorities. What do you value the most when it comes to your business? Is it keeping track of your transactions, your interactions with customers, overseas business? Of course, these are all alternatives that a high-street bank can offer you. But for many of these banks, as much as you might get in terms of efficiency and the latest in technology, you may lose out in other areas. You may feel like an afterthought and find it hard to get in touch with your bank. You may have hidden fees thrust upon you and have no idea where they came from. That’s why it’s worth considering smaller lenders such as Card One.

You may think that you would lose out on the technology end of the scale, but this is not necessarily true. You can get free text alerts when money is paid into your account for peace of mind. There are no ordinarily no charges for bounced payments. The maximum annual turnover that they support is £2 million, so it really is designed for smaller to medium-sized businesses. You are not limited as the type of business you are, as you can get an account if you are a sole trader, a limited company or a partnership. If all of this seems appealing to you, it may be worth contacting them to see what they can do for you.

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