Business Charge Card

Flexibility for your business

The Co-operative Bank’s Business Charge Card offers the flexibility you need to forecast and manage your day-to-day business expenses.

Up to 48 days

interest-free period as long as the full outstanding balance is paid monthly by Direct Debit

6 months free

then £2 per card per month

Bank of England Base Rate

5.25%, plus our agreed interest margin

Why apply for a Business Charge Card?

  • Request multiple cards each with a predetermined limit based on your needs
  • Receive monthly statements for all activity across all cards so you can keep track of your business expenses
  • Use Apple Pay, Google Pay and Samsung Wallet to make purchases online and in-store
  • Make payments online and in-store and withdraw cash from any cash machine displaying the Visa symbol (subject to fees and available balance)

Find out how to apply for a Business Charge Card.

Check eligibility for you and key parties

  • 18 or over
  • A UK resident with a business or charity address in the UK
  • Authorised to borrow on behalf of the business or charity
  • A Co-operative Bank business current account holder

If you do not yet have a Co-operative Bank business current account, we will help you open one if your lending application is successful.

The Business Charge Card is available for business use only.

Please note: Currently this card is not offered to sole traders, partnerships with two or three partners or unincorporated organisations.

Key information

Fees, charges and limits

Card fee

Free for the first 6 months, then £2 per card per month


Interest-free period

Up to 48 days, as long as the full outstanding balance is paid monthly by Direct Debit


Cash withdrawal fee

2% of the value of the transaction (minimum charge of £1.50)


Ordering a copy statement

£8 per copy


Ordering a copy of sales purchase voucher

£12 per copy


Late payment fee

If your payment is received after the due date, we will charge debit interest on the unpaid balance.

Interest is charged at 2% above the Bank of England base rate.


Borrowing limit

Discussed upon application


How to apply

Please note: Your application is subject to status. This means we’ll complete credit checks and an assessment of your financial circumstances.

To apply for the Business Charge Card, you’ll need:

  • your Co-operative Bank business current account details, including account title, sort code, account number, bank name and bank address (if you do not yet have a Co-operative Bank business current account, we will help you open one if your lending application is successful)
  • your business details, including company number (sometimes referred to as a Company Registration Number) and forecast turnover and annual turnover
  • personal details of all individuals registered on your existing Co-operative Bank business current account (including directors, members, designated members, trustees, committee members and partners)
  • individual cardholders’ details
  • details of assets, liabilities, income and expenditure for each Key Account Party, Additional Named Individual and Major Shareholder.

Use the information gathered in Step 1 to complete the following forms and send them to us at the postal address given below:

Download Business Charge Card application PDF

Download assets and liabilities PDF

Apply by email

To apply by email, please send your application to:

LSUNDER@co-operativebank.co.uk

This email address is for receiving lending requests only. We will not be able to respond to any emails received that do not contain a lending request.

Apply by post

Lending Services

The Co-operative Bank

P.O. Box 200

Skelmersdale

WN8 6GH

Application timeline

for applications under £250,000

  • 20 to 60 minutes

    Send us your completed forms

    This usually takes about 20 to 60 minutes. You may find it helpful to gather the information listed under ‘What you’ll need to apply’ before you start filling out the form.

  • Within 2 business days

    We’ll get in touch with you

    We aim to get in touch with you within 2 business days of you sending us your completed forms. We might ask you for some additional information at this stage.

  • Within 10 business days

    You’ll receive a decision from us

    We aim to give you a decision within 10 business days of your full application being received. Occasionally, we may require additional information depending on your circumstances.

Not found what you were looking for?

Business Credit card

Spread the cost of purchases over time

  • Up to 56 days interest-free period on purchases

  • Credit limits between £500 and £25,000

  • £24 annual fee per card

Business Overdraft

Optimise cash flow and borrow money short term

  • Borrow up to £10 million (higher limits can be discussed on request)

  • Only pay interest on the funds you use

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Commercial Mortgage

Get support if you’re planning to grow your business or purchase your first commercial premises

  • Borrow up to £10m

  • Finance residential investment portfolios or commercial properties

  • Repayment options & terms discussed on application