Bank of Ireland
Bank of Ireland Business Credit Card
Bank of Ireland Business Credit Card is a business card for Irish sole traders, partnerships, and limited companies. It helps manage business expenses, supports up to 5 online-applied cards with a combined limit of up to €120,000, includes CardController spending controls, and provides comprehensive travel insurance when eligible travel is booked using the card.
Highlights
Main benefits
- Business credit card for everyday business spending
- €31 annual fee per Standard card
- Online application available for sole traders, partnerships, and limited companies
- Apply online for up to 5 cards with a combined limit of up to €120,000
- Up to 37 days interest-free credit on purchases
- 39% variable purchase interest rate
- Comprehensive travel insurance for the cardholder and up to 3 colleagues when eligible travel is booked using the card
- CardController spending controls and real-time alerts available
- No transaction fees on euro purchases
- Cash advance fee of 1.5% of the transaction value with a minimum of €2.54
- Returned payment charge of €3.17 per unpaid item
Fees
Fees and charges
Joining fee
€31 annual fee per Standard card
Renewal fee
€31 annual fee per Standard card
Annual fee waiver
Not specified
Who can apply
Eligibility
- Business customer in Ireland
- Sole trader, partnership, or limited company can apply online for up to 5 cards
- Combined online application limit of up to €120,000
- Business current account required for repayment by direct debit
- Subject to Bank of Ireland credit assessment and approval
- Schools, churches, charities, unincorporated organisations, and businesses needing more than 5 cards apply through branch or business advisor
Checklist
Documents required
- Business identification and registration details
- Details of business entity type
- Details of authorised signatories or cardholders
- Proof of identity for authorised representatives or cardholders
- Business current account and repayment details
- Financial information needed for credit assessment
- Additional documents requested by Bank of Ireland during application review
Process
How to apply
1. Visit the Bank of Ireland Business Credit Card product page
2. Sole traders, partnerships, and limited companies can apply online for up to 5 cards with a combined limit of up to €120,000
3. Schools, churches, charities, unincorporated organisations, or businesses needing more than 5 cards should arrange a meeting with a branch, business advisor, or relationship manager
4. Complete the relevant application form based on the business entity type
5. Provide business, financial, authorised representative, and cardholder details
6. Complete Bank of Ireland’s credit assessment and start using the card after approval
Value
Reward and cashback structure
Reward rate
Up to 37 days interest-free credit on purchases
17.39% variable purchase interest rate
17.39% variable cash interest rate
Comprehensive travel insurance for the cardholder and up to 3 colleagues when at least 50% of the fare is paid using the card
No cashback or points rewards rate specified
Cashback
Not available
Value is provided through business expense control, interest-free credit, and travel insurance instead of cashback
Good fit
Pros
- Good general business card for Irish SMEs
- Online application available for common business types
- Supports multiple employee cards
- Combined online application limit can go up to €120,000
- CardController helps manage employee spending
- Travel insurance is included for eligible bookings
- No transaction fees on euro purchases
- Backed by a major Irish bank
Watchouts
Cons
- No cashback rewards rate specified
- No standard points rewards rate specified
- Lounge access is not specified for the Standard card
- Annual fee applies per card
- Business card balance must be repaid in full each month by direct debit
- Cross-border handling fee applies on many non-euro transactions
- Credit approval is required
Related
Related cards
Compare
Compare Cards
| Field | Bank of Ireland Business Credit Card | AIB Platinum Visa Card |
|---|---|---|
| Bank/provider | Bank of Ireland | AIB |
| Joining fee | €31 annual fee per Standard card | €0 annual bank fee |
| Renewal fee | €31 annual fee per Standard card | €0 annual bank fee |
| Best for |
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| Reward rate |
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| Cashback |
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| Lounge access | Not specified | Not specified |
| Fuel surcharge waiver | Not available | Not available |
| Welcome benefit | Not specified | Special introductory annual interest rate of 3.83% variable on purchases and balance transfers for the first 12 months |
| Annual fee waiver condition | Not specified |
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| Eligibility |
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| Apply link | Apply Now | Apply Now |