Nectar for Business Credit Card

About Nectar for Business credit card...

- Earn Nectar points on all your spending
- 1,000 bonus Nectar points
- AmEx cardholder benefits and features

Earn Nectar loyalty points
The Nectar business credit card is the perfect business payment solution for any business who likes collecting Nectar points.

Nectar points can offer some great shopping discounts and rewards for your business from a range of Nectar sponsors, including rewards for your business, your employees and for you too!

The Nectar business credit card allows you to earn up to 4 Nectar points for each £1 spent at any Nectar sponsor (including points earned on your Nectar loyalty card), and 1 Nectar point for each £1 spent elsewhere.

Simple account management
The Nectar business credit card also helps to keep accounting simple, with online account management and free end of tax year report break downs. You can even get free additional cards for your employees, and their spenditure can be broken down in the annual reports.

American Express cardholder services
The Nectar business credit card comes with all the added extras American Express likes to throw in, including free purchase protection, online fraud protection, and a range of travel services including emergency card replacement and global assist services.

Apply for Nectar for Business credit card

Interest Rates and Fees
		Notes..
Typical APR	15.9% APR (variable)	The typical APR is the rate most people are offered.
Balance Transfers	15.9% p.a.	-
Balance Transfer Fee	2%	You may be charged a balance transfer handling fee of 2% of the balance transferred.
Cash Withdrawal Rate	25.9% p.a. (variable)	This is the rate you are charged on balances resulting from using a cash machine, getting cash back at the supermarket or buying foreign money.
Cash Withdrawal Fee	3% (£3 minimum)	When you use your credit card to get cash you will be charged a 'handling fee' for doing so.
Annual Fee	£0	-
Foreign Transaction Fee	2.73%	This is fee you will be charged for credit card transactions made abroad.

Rewards
		Notes..
Nectar Points	Up to 4 Nectar points each £1 spent at Nectar sponsors (including your Nectar loyalty card points) and 1 Nectar point each £1 spent elsewhere	For more information on the Nectar for business programme, please visit nectarforbusiness.com
Bonus Nectar Points	1000 bonus Nectar points with your first card purchase	-

Cardholder Services & Extras
		Notes..
Online Account Management	Yes	You can log into the American Express website to manage your Nectar for Business credit card account online.
Purchase Protection	Up to £20,000 per year	Purchases made with this card will be protection against theft or accidental damage for 90 days after the purchase date. Please note exclusions apply.
Refund Protection	Up to £200 per item, up to £750 per year	Purchases will be covered in the event that you return an unused eligible item to the retailer, within 90 days of purchase and the retailer will not refund you. Please note exclusions apply.
Online Fraud Protection	Yes	When you use this card online you will not be held responsible for any unauthorised charges.
Emergency Card Replacement	Yes	If your card is ever lost, damaged or stolen, American Express will get an emergency replacement card, usually within 24 hours, at no extra cost.
Global Assist	Emergency medical and legal assistance around the world	-
Other Extras	24 hour customer service, free additional cards	-

Payments & Payment Details
		Notes..
Credit Limit	£1,500 assumed	Credit limit may vary from person to person and is subject to status.
Interest Free Period	Up to 56 days	There is no interest free period on cash withdrawals, cheques or balance transfers. This is the amount of time after your statement date you have to clear your balance in full each month before you are charged any interest on purchases.
Minimum Monthly Payment	2.5% (£5 minimum)	The minimum monthly payment is the smallest amount you must pay each month (unless your credit card balance is zero).
Allocation of Payments	Interest, protection insurance (if applicable), fees, balance transfers, purchases, cash withdrawal	When you make a payment to this card they will be applied to charges / balances in this order. meaning you have to clear balance transfers before you will be able to repay balances resulting from purchases and cash withdrawals.
Default Charges	£8	This is how much you will be charged for late payments, returned payments and if you go over your credit limit.
Copy of Statement Fee	£5	This is the fee you will be charged for duplicate statements.

Card Details
		Notes..
Online Application	Yes	-
Card Type	Classic	-
Payment Company	American Express	This is the company who provides the payment technology and infrastructure to allow you to use this credit card. retailers and ATM machines displaying the 'American Express' logo will accept this card.
Card Issuer	American Express	This is the bank behind your credit card.
Card Advertiser	American Express	This is the company who advertises and promotes this credit card.