Starling Bank is diversifying its lending by launching „its first business credit card this month, giving eligible customers 1% uncapped monthly cashback, with no annual fee or foreign exchange fees, built directly into the Starling app” – according to the press release.
The bank will soon open early access to the new Starling business credit card for select limited company customers. Eligible businesses will receive an email invitation to apply.
Bernadette Smith, Chief Customer and Banking Officer at Starling, said: “We are putting our capital behind entrepreneurs. This is a deliberate step to diversify our revenue through directly lending to our customers, accelerating our product momentum, and delivering high-impact growth for our customers and the bank alike.”
The card offers uncapped 1% cashback, credit limits from £2,000 to £100,000 and no FX fees, with early access by invitation for select limited companies. It is Starling’s first credit card.
The Starling business credit card will offer:
. Uncapped 1% monthly cashback on eligible spending
. No annual fee and no foreign exchange fees
. Available credit limits from £2,000 to £100,000
. Physical and digital cards available
. Mastercard perks, including access to leisure experiences and airport lounges and fast-track lanes
. Up to 55 days interest-free spending on purchases*
. 24.90% APR (variable)
The card is the latest cash flow tool Starling has launched for business customers this year. Others include tap to pay, expense cards, team access, Starling Accounting software, AI Smart Tools, and free invoicing.
*Interest-free period depends on when a purchase is made during the statement period. To benefit from interest-free purchases, the statement balance must be repaid in full by the payment due date each month.
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