HSBC Commercial Card: Flexibility for Business Expenses

Unlock full control over your company spending with one powerful financial tool.

Managing business spending shouldn’t feel like a guessing game. The HSBC Commercial Card provides a smarter way to track, limit, and optimise your expenses — whether you’re a sole trader, growing startup, or established firm. With built-in security features, app-based control, and up to 56 days of interest-free credit, it’s designed to simplify cash flow management and free up time for what matters most: running your business.

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HSBC Commercial Card

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A practical guide to using the HSBC Commercial Card daily

The HSBC Commercial Card works like a traditional credit card but with tailored features for UK businesses. It can be used for any business-related expense — from online subscriptions and supplier invoices to transport and travel bookings.

Cardholders can:

• Make contactless payments up to £100
• Use mobile wallets like Google Pay and Samsung Pay
• Access funds online and in-store anywhere Visa is accepted
• Track spending in real time via the HSBC UK Business Banking app

Admins can assign employee cards with individual credit limits, restrict usage by merchant category (e.g., block ATM withdrawals), and set spend caps per transaction. All changes can be made through HSBC Business Internet Banking.

Key Terms:

• Representative APR: 22% (variable)
• Purchase rate: 15.9% p.a.
• Annual fee: £0 in Year 1, £32 thereafter
• Credit limit: Minimum £500 (subject to approval)

Smart tricks and underused card features (“hacks”)

Some HSBC Commercial Card features are surprisingly underused — even by long-time customers:

1. Spend restriction by category: Block entire merchant types like groceries or DIY stores for employee cards.
2. Dynamic PIN view: Forgot your PIN? View it securely inside the app — no need to call support.
3. App-based card lock: Misplaced your card? Lock it instantly and unlock it later if found.
4. Split team expenses: Assign each team a card with its own spend type — ideal for separating events, travel or procurement.

These features not only enhance control but also reduce time spent on admin and reimbursement tracking.

Maximising the value of your HSBC Commercial Card

To get the most out of your card:

• Pay your full balance within 56 days to avoid interest
• Use Direct Debit for automated repayments
• Issue cards to trusted team members instead of using a single account
• Track spending categories monthly to identify saving opportunities
• Leverage business offers available exclusively to HSBC Business Card users

Alternatives and complementary solutions

Although the HSBC Commercial Card offers robust features, it’s not the only option on the market. Depending on your business needs, these alternatives may also be worth exploring:

Additionally, pairing the Commercial Card with accounting software like Xero or QuickBooks can streamline reporting.

Who’s eligible – Requirements to qualify

To be considered for the HSBC Commercial Card, applicants must meet these criteria:

• Hold an HSBC UK Business Current Account
• Be 18 or over and a UK resident
• Be the Primary User on HSBC Business Internet Banking
• Meet minimum credit and affordability checks
• Not have recent CCJs or unresolved business defaults

Each cardholder must also provide up-to-date contact details, especially a valid mobile number, due to Strong Customer Authentication (SCA) rules for online payments.

How to apply – Step-by-step application process

1. Log into Business Internet Banking as the primary user.
2. Go to Account Services > Credit Cards.
3. Select Apply for a Commercial Card.
4. Complete the form with business and personal details.
5. Await approval, usually within 3–5 working days.
6. Once approved, activate the card and assign user limits.

If you’re not yet an HSBC Business account holder, you’ll need to open one before applying. Alternatively, you can call 0800 731 8918 (Mon–Fri, 8am–8pm) for guided assistance.

FAQs – Not-so-obvious questions

1. Can I change card limits for individual employees?

Yes. You can adjust limits anytime through HSBC Internet Banking.

2. What if a card is lost or stolen outside the UK?

Use the mobile app to lock the card immediately. HSBC offers full fraud protection.

3. Is the interest-free period valid for cash advances?

Yes, but only if the full balance is paid on time. Otherwise, interest accrues from the transaction date.

4. Can I have multiple Commercial Cards on one account?

Absolutely. You can issue multiple cards and customise their controls individually.

5. How can I see my PIN securely?

Log in to the Business Banking app and tap “View PIN” on your card profile — biometric verification required.

6. Are there foreign transaction fees?

Yes — 2.99% on the converted amount. Always check if local currency payment offers a better rate.

Final recommendation

The HSBC Commercial Card is more than just a payment method — it’s a financial control system for modern UK businesses. With its flexible repayment terms, detailed control options, and real-time digital management, it suits a wide range of organisations.

It’s not perfect for everyone. If your business doesn’t have consistent monthly expenses or you rely heavily on cash flow from multiple currencies, the fees might outweigh the perks. But for the vast majority of small to medium enterprises operating domestically, this card delivers a rare blend of practicality and financial intelligence.

Looking to bring order to your business finances? This card might be your best next move.

CREDIT CARD

HSBC Commercial Card

Competitive Purchase Rates Global Acceptance

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