Manage business expenses with a business prepaid card
With so many companies being declined for credit and bank facilities, the Cashplus prepaid Gold MasterCard® is a great alternative to a corporate card or a business bank account.
The Cashplus prepaid business card provides many of the same benefits and without the hassles and hefty charges.
It can cost around £10 per company cheque once you’ve factored in banking fees and your own staff’s salary and time, so you can save up to £52,000 per year in payroll costs alone.
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| Annual savings if you process your payroll… | ||
|---|---|---|
| Number of employees | …Monthly | …Weekly |
| 20 | £2,400 | £10,400 |
| 50 | £6,000 | £26,000 |
| 100 | £12,000 | £52,000 |
The savings above were calculated using the following assumptions:
£10 cost per cheque issued based on assumed costs of £2 for payroll administrator, £2 for director sign off, £2 reconciliation, £3 query management including lost/stolen replacements and £1 banking and postage fees
Weekly pay is based on 52 weeks, with 1 cheque per weekly payroll cycle per employee
Having wages paid direct eliminates cheque cashing fees and it’s safer than carrying large amounts of cash
All of our Cashplus prepaid cards are personal accounts that are ideal for business purposes, including expenses. Your business and your employees can benefit from the Cashplus prepaid Gold MasterCard – order your cards now.