Company credit card Q

[DimPrawn]

http://www.hsbc.co.uk/1/2/business/a...usiness-direct

you have free banking for annual turnover up to 500.000 £ (should be enough even for DomPrawn and his fat rates FFS )

http://www.hsbc.co.uk/1/2/business/s...t-deposit-bond

"If you want a guaranteed rate of interest up to 4.40% AER/Gross* with fixed terms up to 3 years (*annual interest)." - you need minimum 5.000 for a 3 months deposit

Sorted.
Next...

Yeah great that deposit account:

If you have savings or surplus funds that you will not need to access for three months or more."

No such restrictions on Cater Allen and one account gives you both free banking and high interest.

Next (moron)

[n5gooner]

We use HSBC and have been very impressed, we have a pesonal business bank manager, she is very good, no free banking, but ho hum, turnover is nice and high. Business CC, the works, what is also nice is if you need to raise the limit of a card for a month or two they will just do it, good example is one card had a 10k limit, and I needed an extra 5k on it for a month, she said no problem, do you want an extra 2.5k !!! very very good, only problem is the call centre is in Asia somwhere, but with the busniess bank manager I don't need to use it!!!

[Viktor]

Yeah great that deposit account:

If you have savings or surplus funds that you will not need to access for three months or more."

No such restrictions on Cater Allen and one account gives you both free banking and high interest.

Next (moron)

I thought that with your fat savings 3 months shouldn't be a problem, little prawn...
Anyway I just wanted to give some useful info...your response proves that sometimes IQ is not proportional with the rate
BTW I opened last month a new savings account via Internet Banking, have you heard of that concept?

[DimPrawn]

We use HSBC and have been very impressed, we have a pesonal business bank manager, she is very good, no free banking, but ho hum, turnover is nice and high. Business CC, the works, what is also nice is if you need to raise the limit of a card for a month or two they will just do it, good example is one card had a 10k limit, and I needed an extra 5k on it for a month, she said no problem, do you want an extra 2.5k !!! very very good, only problem is the call centre is in Asia somwhere, but with the busniess bank manager I don't need to use it!!!

So you get no interest, pay bank charges, have limits imposed on your card (Cater Allen has no limit on cards) and your call centre is in India.

Sounds great, where do I sign?

[DimPrawn]

I thought that with your fat savings 3 months shouldn't be a problem, little prawn...
Anyway I just wanted to give some useful info...your response proves that sometimes IQ is not proportional with the rate
BTW I opened last month a new savings account via Internet Banking, have you heard of that concept?

Yes Viktor you win, it's a great deal, well done, enjoy, have a pint on me.

I'll stick to getting a grand in interest and having a no limits or restrictions, no costs, one single simple account with a superb UK call centre.

[ratewhore]

cash is king!! Mine is stuffed in my mattress and like a true contractor, my nose touches my bedroom ceiling...

[holsson]

Yeah great that deposit account:

If you have savings or surplus funds that you will not need to access for three months or more."

No such restrictions on Cater Allen and one account gives you both free banking and high interest.

Next (moron)

HSBC do also have their Business Esaver account with 3.96% gross interest.

[veryinteresting]

I have a company card offered by MBNA. No annual fee. Only complaint I have is that they didn't offer the option of automatically paying the balance in full by direct debit without me having to phone them up and arrange it. (I'm sure you can normally opt for this on the form when you apply for a card.)

I doubt it they have just changed their t&C to make their minimum payment what ever the monthly interest is + £5.

They are actively going out of their way to make you pay your balance off over a longer period.