Chosen by Asker

American Express may vary the %APR, interest rates and other charges from time to time. The minimum monthly payment will be 3% of the outstanding balance or £5, whichever is greater. Of course, you may pay off your balance in full at any time. You will have access to credit of at least £1,000. We may offer you the opportunity to request Balance Transfer(s) from time to time -they will charge interest on all balances that result from Balance Transfer(s) at the standard rate of 12.9% per month, 1.02% per annum on a daily basis until the amount is fully repaid to us. For example we reserve the right to refuse any Balance Transfer requests including Balance Transfers from overdue accounts, exceeded Credit Limits, overdrafts, loans, HP agreements or any Amex accounts. We are not liable for any overdue payments or interest incurred. Payments to card companies will normally be made within 30 days from receipt of your statements and we will advise you when payment is made. We may charge a handling fee in relation to Balance Transfers. Any such handling fee will be 2% of the Balance Transferred.The Nectar Credit Card for American Express and the Nectar for Business Credit Card from American Express standard rate of interest for goods and services is typical 12.9%APR variable (1.02% per month). No rebate is payable in any month in which the minimum payment is not received by the due date. No rebate is payable on cash withdrawals, interest, fees, balance transfers, amounts subsequently re-credited to your account due to refunds, or expenditure in any one month exceeding the amount of your Credit Limit. No rebate is payable if you end the agreement before the relevant Card Anniversary date. Subject to the above a rebate of 3% will be payable to you by us on all transactions made in the first 3 months and applied at the same time as any annual rebate. An annual rebate on the aggregate amount of all transactions (other than the exclusions stated above and any introductory offer) will be payable to you by us and calculated at the following rates, 0.5% for aggregate amounts up to £3,500; and 1% for aggregate amounts from £3,501 to £10,000; and 1.5% for aggregate amounts in excess of £10,001. benifits of business card Control: Reports, Employee Cards with limits, Online account management Flexibility: Up to 56 days interest free, Improve cash-flow, pay-over-time Rewards: Earn Membership RewardsTM points Savings: Business savings on travel, office supplies, technology and more read more from: www ...

by brady ewart

3 years ago

Asker's Rating: 

There is a great chance you can get the card; they would look at how long you have been in business and possibly a bank reference.

by the dream- 3 years ago

A line of credit of up to $100,000 is something to consider if you need a greater amount of financing than a Card can provide. Unlike most banks, we don’t ask you to put up collateral or have an account with a required minimum balance. features, rates and fees Available Amounts • Up to $100,000 Additional financial documentation is required for line sizes between $50K and $100K Payment Terms • Pay the full amount due each month, the minimum due, or any amount in between Annual Percentage Rate • APR as low as Prime + 1.99%, up to Prime + 4.99% Fees • $99 (for lines under $15,000) or $149 (for lines equal to or greater than $15,000) Availability of Funds • Up to $100,000, available as needed • Option to deposit up to 100% of credit line into business checking account to cover cash needs • Direct Draw service links your line of credit electronically to a verified business checking account so you can transfer funds online to your bank for use as soon as the next day Other Benefits • There are three ways to access your line — free, business-size checks, a Business Line of Credit Card, and electronic funds transfer • Earn Membership Reward® points when you access your Line of Credit with your Card • Annual fee and any interest you pay may be tax deductible — please check with your tax advisor Eligibility • You must have been in business for a minimum of two years. • It is also recommended that you be an American Express Business Cardmember. See our Cards for small businesses. The application process is short and can be completed online. While you don’t need a Business Card to apply, Cardmember applications receive preferential consideration and special rates.

by dolly blaine- 3 years ago