Your cash flow is tight, but you know you need to get an ad campaign up and running if you want to start moving your new stock off your shelves. So you turn to your credit card to run the ads now and pay later.
But that 24% APR rate your credit card offers will start cutting into your profit margins quickly, which is why it’s worth looking into a card with a 0% rate option. Interest-free credit cards are a great way to help your business grow while protecting your bottom line.
In this article, we go over the following:
*The information about all the cards discussed in this article was collected between 27 February 2024 and 29 February 2024. This article was written and approved by Juni and is intended as marketing material.
Interest-free cards offer a period during which no interest is charged on purchases or balance transfers. This feature is particularly appealing for businesses, as it provides an opportunity to manage cash flow more effectively, invest in necessary resources or cover unexpected expenses without incurring additional costs.
With 0% cards, businesses can enjoy a grace period to repay expenses without the burden of accruing interest. But how exactly do these cards work? Let’s take a look.
Just like any credit card, an interest-free card will have a credit limit. Keep this in mind when looking at cards, as they may not necessarily be high-limit credit cards.
Repayment terms for interest-free credit cards define how and when the borrowed amount must be paid back to avoid interest charges, as the 0% rate period won’t last forever.
Pay attention to what your interest rate will jump up to when your no-interest period is over, as you want to avoid paying exorbitant rates.
You have a few options when it comes to 0% credit cards for your business:
Interest-free credit cards offer a way for you to free up cash flow and invest in growth without taking on debt in the form of interest. This opens up a new opportunity usually not available through traditional loans or invoice financing.
Additionally, as long as you have a good credit score, it may be easier to qualify for an interest-free credit card than go through the process of securing a loan from your bank. This gives you the financial flexibility to manage unexpected expenses or invest in opportunities without the immediate burden of interest charges.
Finally, using a 0% credit card responsibly can even help you improve your credit profile while building your business, which is beneficial for future financing needs.
The Barclaycard Premium Plus Business Credit Card is a good option for businesses that could benefit from an extended interest-free period, as you can qualify for six months interest-free on purchases when you open an account.
Once your interest-free period ends, you’re looking at a representative 56.8% APR (variable) and purchase rate of 20.2% p.a. (variable), with an annual fee of £150 (per account). Plus, the card offers 56 days of interest-free credit when you pay in full and on time.
Additional perks of this card include:
While the HSBC Purchase Plus Credit Card isn’t specifically built for businesses, you can still use it for business purchases and enjoy an interest-free period of up to 18 months for purchases and 16 months for balance transfers.
Plus, this card has no annual fee, making it a good free option for businesses operating in the UK. Once your interest-free period ends, you’re looking at a representative 24.9% APR (variable) and purchase rate of 24.9% p.a. (variable).
This card also offers:
The Resurs Gold Credit Card is another card that isn’t specific to businesses but offers generous interest-free periods. You can split purchases into six months of interest-free instalments, giving you the option to make a big order without having to pay it all off at once.
Plus, you always have up to 60 days to pay off your balance interest-free, giving you more leeway than some other cards that only offer a month. The card has an annual fee of 245 SEK and comes with perks like:
The Metro Bank Business Credit Card doesn’t offer an initial interest-free period, but it does give users up to 56 days to pay off their balance with 0% interest. Plus, this card has a relatively low interest rate at 14.9% APR Representative (Variable).
The card has no annual fee, and card purchases are free within the European SEPA area. You can also use this card for balance transfers for up to 75% of your credit limit. Keep in mind that this card has the following specifications:
The Qred Business Credit Card also doesn’t come with an introductory interest-free period, but it does allow up to 45 days to pay off your balance with 0% interest. Additionally, you always get 1% cashback when you use your card, which is deducted from your monthly invoice.
The card has no annual fee, no start fee and no currency exchange fees. Interest rates start at just 1.95% per month, but keep in mind that this rate will vary depending on individual factors. Main perks of the Qred card include:
While they can be a good tool for helping you gain access to more capital, 0% credit cards don’t come without their risks. Here’s a few things to keep in mind when choosing a card:
While interest-free credit cards are a good way to get more capital without having to pay interest on a loan or other financing solution, they’re not your only solution.
Juni, for example, offers Capital for cards, giving you access to flexible business credit lines for whatever you need to invest in to grow your business, whether that’s inventory, campaigns or development.
You can obtain interest-free financing from 10K EUR with 37 days to repay and up to 60 days available. While this isn’t a zero-interest credit card, it does help you extend your runway when you don’t have the capital you need on hand.
What’s more, you can create multiple Juni Mastercard® Corporate cards in USD, SEK, EUR or GBP. These cards come with custom controls, meaning you can assign them to different employees, platforms or suppliers, giving you more control over your spend.
And anything you or your team pays for with a Juni card is automatically reflected in Juni’s built-in expense management tool, giving you greater visibility over your finances and helping you ensure you’re making smart spending decisions.
0% credit cards can help you spend your money flexibly by giving you access to a convenient interest-free period. During this time, you can make big purchases you otherwise wouldn’t have the capital for and pay them off before the card's interest rates kick in.
It’s important to spend responsibly with these types of cards. They aren’t interest-free forever, so make sure you’ll be able to pay off your balance during the interest-free period.
And remember, interest-free credit cards aren’t the only way to extend your runway and access more capital to grow your business. With Juni, you can get financing on both cards and invoices, giving you a flexible way to spend the funds your business needs to grow.*
*Juni Capital for cards is available for companies registered in UK, NL, SE, DE, FR, ES, IT, NO and FI, upon eligibility. Fees and terms and conditions apply. Click here for more details.
An interest-free credit card is a type of credit card that offers a promotional period during which no interest is charged on purchases, balance transfers or both. This period lets businesses cover expenses without accruing additional interest costs, providing a strategic tool for financial planning and cash flow management.
To apply for an interest-free credit card, first research and select a card that fits your business needs. Ensure your credit profile aligns with the card's requirements to increase approval chances, then provide details about your business and financials to apply.
Juni is not a bank – yet. We’re a financial technology company providing e-money services and as such are not part of a deposit guarantee scheme. Learn more about our license and how we keep your business and money safe.
Juni Technology AB (company number 559248-0908) is licensed and registered as an electronic money institution with the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) (license no: 64025). Payment Card Solutions (UK) Limited (company number 05941947) and UAB B4B Payments Europe (company number 305539054) are regulated by the Financial Conduct Authority (ref: 930619) and the Bank of Lithuania (licence no: 76), respectively. The Juni Mastercard Corporate Card is issued by Payment Card Solutions (UK) Limited and UAB B4B Payments Europe pursuant to a license by Mastercard International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. Juni Technology AB. Masthamnsgatan 21, 413 28 Göteborg, Sweden. © 2025 Juni. All Rights Reserved.
