onecard | NatWest

onecard

Save time on expense claims and get a clear picture of your team’s expenses.

How to apply
How to apply
Don't yet have an account?

To discuss your unique banking needs please call our new business hotline on:

0800 073 2256
Minicom
0800 404 6161

Mon to Fri 9am-5.30pm (excl. public holidays)
Calls may be recorded.

Already have an account?

To apply, complete the account opening form and return to your relationship manger. If you need more than four account holders, please complete and return the cardholder schedule (PDF, 385KB).

If your turnover is less than £2m or your business is a sole trader, small partnership or other unincorporated body, you'll need the Business Credit Card

To apply, complete the account opening form and return to your relationship manger. If you need more than four account holders, please complete and return the cardholder schedule (PDF, 385KB).

If your turnover is less than £2m or your business is a sole trader, small partnership or other unincorporated body, you'll need the Business Credit Card.

If you have any questions, please contact your NatWest relationship manager, or contact us on 0345 9000 652 between 8am and 5.30pm, Monday to Friday.

Security may be required. Product fees may apply. Over 18s only.
Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

Why choose onecard?

Combine your travel, entertainment and general business expenses with the online tools you need to manage your card payments efficiently. Whatever the size of your business, onecard gives you the flexibility to control purchases and manage expenses for an annual fee of £45 per card.

Reduce expenses admin

onecard eliminates the need for you to process employee expenses – and stops your staff having to wait on their business expenses being reimbursed.

Online cardholder management

Cardholders can manage their onecard securely and simply with Cards OnLine. Access transaction information, balances and credit limits – any time, from anywhere.

Easier VAT reclaims

Using onecard at any MasterCard VAT-enabled UK merchant means you won’t need invoices to reclaim VAT. Find VAT-capable suppliers who accept onecard.

Better cash flow management

Up to 38 days’ interest-free credit could help boost your cash flow – and give you greater flexibility.

A simple way to track and report business expenditure

with Smart Data Online, onecard’s electronic reporting tool , you are able to review and approve cardholder transactions, create spending analysis reports and data exports, and obtain HMRC approved VAT reports. You can establish individual cardholder and transaction limits and change them at any time.

Centralised billing

All card spend is consolidated to a single monthly statement settled in one amount by your business.

 

 

Protection

Your onecard comes with corporate liability waiver insurance to protect you against employee misuse. Get up to £1.5 million cover per year against employee card misuse. Individual cardholders are also insured up to £50,000 per year. This cover is underwritten by JLT Speciality Limited.

Pay for business travel with your onecard and you’re automatically covered for business travel accidents up to £25,000 increasing to £100,000, whilst travelling on licensed public transport or in a hire car. Get information before you travel as well as legal and medical information while abroad, plus, get cover for medical expenses, baggage delays and personal belongings with onecard Gold (see insurance policies for terms and conditions). Travel insurance is underwritten by ACE European Group Limited. 

Terms and conditions apply.

onecard Gold

If you have a number of employees who travel abroad regularly on business, onecard Gold could be ideal for your business.

onecard Gold gives your cardholders (and up to 3 colleagues travelling with them) worldwide travel insurance for business trips up to 90 days when the cost of the travel is paid with the card.

This is in addition to the benefits and flexibility of our standard onecard such as the Smart Data OnLine reporting tool, and the Cards OnLine cardholder management tool.

Why choose onecard Gold

Our onecard Gold is ideal for people who make regular business trips abroad. Not only do you get all the benefits of onecard, but for an annual fee of £75 per card, you receive worldwide travel insurance for the cardholder and up to 3 colleagues for all business trips up to 90 days long. It covers everything from journey delays to medical expenses.

Underwritten by ACE European Group Limited.

 

Medical expenses cover
Up to £2 million.

Personal injury cover
Up to £250,000.

Hospital benefit
Up to £750.

Cancellation cover
Up to £3000 if a trip is cancelled, curtailed or altered.

Personal belongings cover
Up to £1200.

Delay cover
Up to £300 if your journey is delayed.

Personal liability cover
Up to £1 million.

Travel and accommodation expenses
Up to £10,000, Pre-travel advice, and assistance during your trip.

24-hour travel helpline
Pre-travel advice, and assistance during your trip.

Apply now

You’ll find the forms you need to apply for a onecard account here. If you need more than four account holders, please complete and return the cardholder schedule (PDF, 385KB). Return completed forms to your relationship manager and contact them with any questions.

If your turnover is less than £2m or your business is a sole trader, small partnership or other unincorporated body, you'll need the Business Credit Card. Please contact your relationship manager for details.

If you're new to NatWest and need more information about our company card solutions, please contact us on 0345 9000 652 between 8am and 5.30pm, Monday to Friday.

Apply for a onecard account
(PDF, 440KB)
Cardholder schedule
(PDF, 385KB)

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Interest & fees

Interest rate

 

Type of fees Amount

Monthly interest

1.6%

Charge only applies if balance is not cleared in full by due date.


 

Grace period

 

Billing type 7 days 14 days 21 days 28 days

Charge card (centrally billed)

Free

0.45%

0.55%

0.70%

*Charge card (individually billed)

N/A

Free

0.55%

0.70%

Grace Period fee is calculated monthly as this percentage of the statement balance. 


 

 Service fees

 

Type of fees Amount

*Annual card fee

onecard: £45

onecard Gold: £75

*Cash advances fee

2.95% of the transaction amount (minimum £2.95)

The fee will be applied on the date that the transaction is debited to the account

*Convenience cheques handling fee

2% of the value of each cheque processed (minimum £2.50)

*Unpaid convenience cheques fee

£25 for each cheque retained

*Stopped convenience cheques fee

£25 for each request to stop a cheque

Non-sterling transaction fee

2.95% of the transaction value

See here for a comparison of using your cards abroad.

Electronic transaction file set up fee

£665

Electronic transaction file monthly fee 

£70

Change of business name

£5 per card

Duplicate card receipt (sales voucher) UK

£5

Duplicate card receipt (sales voucher) abroad

£10

*Emergency card replacement overseas

£75

Foreign card transactions (including purchases of foreign currency and travellers' cheques) will be converted into Sterling using the MasterCard Payment Scheme Exchange Rate as applicable at the date of the debit. This rate may not be the same as the rate that applied on the date the transaction was made, if the payment is processed by MasterCard after that date. To see the up-to-date rates used please visit www.mastercard.com/global.

 

* Not applicable to lodge account or virtual account.

Get in touch

onecard helpline (Mon-Fri 8am-6pm; Sat 9am-1pm. 24hr automated system is available for balance, credit limit and transaction enquiries.)


In the UK: 0370 010 1152
Outside the UK: +44 1268 508019
Minicom: 0370 154 1192

For emergency card replacement and cash advance whilst abroad, please contact MasterCard emergency services. If you encounter a fraud security check, please call our helpline:

Tel: 0345 300 4350 (24hrs)
Tel: +44 1268 508020 (24hrs 

Ready to apply
Don’t yet have an account?

To discuss your unique banking needs please call our business hotline on:

0800 073 2256
Minicom
0800 404 6161

Mon to Fri 9am-5.30pm (excl. public holidays)
Calls may be recorded. 

Already have an account?

To apply, complete the account opening form and return to your relationship manger. If you need more than four account holders, please complete and return the cardholder schedule (PDF, 385KB).

If your turnover is less than £2m or your business is a sole trader, small partnership or other unincorporated body, you'll need the Business Credit Card

If you have any questions, please contact your NatWest relationship manager, or contact us on 0345 9000 652 between 8am and 5.30pm, Monday to Friday.

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