As an entrepreneur, you want to be able to make payments quickly and smoothly, both in the Netherlands and abroad. A business account with a credit card gives you that freedom: you can pay suppliers immediately, make online purchases and keep business expenses centrally organised, without having to use your personal account each time.
For many businesses, a credit card directly linked to the business account is not a luxury but a practical necessity. Not only does it save time, but it also ensures a clearer separation between personal and business finances and significantly simplifies your administration.
What does a business account with a credit card entail?
A business account with a credit card is a combination in which your current account and payment card are under one roof. Instead of a separate credit card application with a third party, as an entrepreneur you receive a card that is directly linked to your business account. With GoDutch, a Mastercard is included as standard in every package, so you can start paying as soon as your account is active.
The major advantage of this setup is its simplicity. All transactions you make with your business Mastercard are automatically processed through your GoDutch account. This means you always keep one clear overview of your expenses, without having to manage two separate environments. In addition, GoDutch offers the option to issue multiple business account cards to team members, so your employees’ expense claims are also handled centrally. This makes it not only more convenient for you, but also for your bookkeeper or accountant.
Why choose a business current account with a credit card?
There are several good reasons why a business account with a credit card is a smart choice for entrepreneurs. Below you will find the key benefits at a glance:
Separation of personal and business finances: you keep business expenses neatly separate from your personal finances, which makes your administration clearer and is essential for your tax return.
Pay worldwide: with a GoDutch business Mastercard, you can pay in more than one hundred countries and also make online purchases in foreign currencies at favourable mid-market exchange rates.
Cashback on spending: depending on your package, you can earn up to 1% cashback on every card payment, so your business spending gives you something back as well.
Expense management for your team: give team members their own card with an individual limit and track all expenses centrally via the app, without the hassle of receipts and expense claims afterwards.
No extra costs for the card: with GoDutch, you pay no annual fees or transaction fees for using your business Mastercard, making the card even more attractive.
Adjustable limits: the standard limit is €10,000 per card with a maximum of €50,000 per account, but this can be increased on request to €100,000 per card and €500,000 per month.
Direct integration with your bookkeeping: transactions are processed automatically and can be easily linked to your accounting package via the GoDutch app.
Who is a business account with a credit card suitable for?
A business account with a credit card is not reserved for large companies. Almost any business structure can benefit from it, from sole proprietorships and self-employed professionals to larger private limited companies (BVs) with an entire team. GoDutch accepts various legal structures, which means that in most cases you can get started right away as an entrepreneur. Below, you can read what to expect for each legal structure.
Business account with credit card for a BV
For a private limited company, a business account with a credit card is almost indispensable. As a managing director-major shareholder or a company with employees, you want to clearly separate business expenses from private payments, and you want to easily provide team members with their own payment card.
GoDutch supports BVs in all packages and also offers the option to request increased card limits, which is specifically available for BVs that have existed for at least six months. This makes GoDutch an excellent choice for growing BVs as well.
Business account with credit card for self-employed professionals
As a self-employed professional, you often work for multiple clients at the same time and regularly make business purchases for materials, software or subscriptions. A business account for self-employed professionals with a credit card helps you keep those expenses organised and protect your private assets.
GoDutch already offers self-employed professionals access via the free Free package, including a virtual Mastercard. If you also want a physical card or cashback on your payments, the paid packages are a logical next step.
Business account with credit card for sole proprietorships
Entrepreneurs with a sole proprietorship benefit just as much from a business account with a credit card. Although your private assets in a sole proprietorship are not legally separated from your business assets, it is highly recommended from an administrative perspective to separate business and private payments.
With a GoDutch business account for sole proprietorships and accompanying Mastercard, you can do this easily, and keep your bookkeeper or accountant happy with clear transaction data.
Business account with credit card for start-ups
If you have just started your business, a business account with a credit card is an excellent foundation to build on. GoDutch is designed with start-ups in mind: you open an account within three minutes, receive your IBAN and card within three hours, and can start making payments immediately.
The free Free package has no fixed monthly costs, which makes a business account for start-ups an accessible way to get to work professionally without immediately taking on major commitments. However, increasing the card limit is reserved for BVs that have existed for at least six months.
What should you look out for when opening a business account with a credit card
Not every business account with a credit card is the same. Before making a choice, it is wise to compare a number of points carefully so that you are not faced with any surprises:
Are there costs associated with the credit card: some providers charge an annual fee or transaction fees for using the card. With GoDutch, there are no annual fees or transaction fees for the business Mastercard.
What card limits apply: check in advance what the standard limit is and whether you can increase it. With GoDutch, the standard limit is €10,000 per card, with the option to increase it upon request.
How many cards are included in the package: for teams, it is important that you can create multiple cards. The number depends on the selected package, from one card in the Free package to unlimited in the Unlimited package.
Which legal forms are accepted: not all providers accept all legal forms. Check whether your business structure is eligible before submitting an application.
How quickly do you get access: some banks keep you waiting for weeks. GoDutch processes applications within three hours, so you can get started quickly.
Are there options for cashback or other benefits: some business cards offer recurring benefits such as cashback on spending. With GoDutch, you earn up to 1% cashback depending on your package.
How does expense management work: see whether the provider offers tools for categorising and exporting expenses, and whether there is integration with popular accounting packages.
Opening a business account with a credit card: step-by-step guide
Opening a business account with credit card at GoDutch is a process you can complete in a few steps. Below, we explain step by step what you can expect, so you know what lies ahead and can get started quickly.
Create an account with GoDutch
You start by creating an account via the GoDutch website or app. You do this by filling in some basic details, such as your name, email address, and your company information.
Completing the application takes an average of three minutes. For this, you will need your Chamber of Commerce number and a valid form of identification.
Choose the right package
After creating your account, choose the package that best suits your business. GoDutch offers four packages: Free (€0 per month), Starter (€12 per month), Pro (€29 per month) and Unlimited (€49 per month).
Each package includes a business Mastercard, but the options for additional cards, cashback, and team features vary by plan. If you are a sole trader and want to keep costs low, the Free or Starter package is perfectly sufficient. If you have a team or want maximum cashback, Pro or Unlimited is the better choice.
Complete identity verification
Before your account is activated, you complete a mandatory identity verification (KYC). This is a legally required part of the process at every financial institution.
At GoDutch, you do this by holding your passport or driving licence up to the camera via the app. Verification is usually completed within three hours, after which your IBAN and card are ready.
Activate your business account and credit card
As soon as your identity verification is approved, you will receive your IBAN and can immediately activate your virtual Mastercard. Depending on your package, you also have access to a physical card, which you can request via the app.
The virtual card can be used immediately for online payments, while the physical card will be delivered to you within a few working days. You set the limits yourself and decide for which purposes the card may be used.
Manage everything from one app
After activation, you manage your complete business finances from the GoDutch app. You can see all your transactions in real time, approve or block payments, create additional team cards, and link your bookkeeping.
The app is available for both iOS and Android and offers a clear dashboard that gives you insight into your business expenses anytime, anywhere. If you have questions or run into any issues, customer service is available 24/7 via chat, email, or telephone.
Apply for a low-cost business account with a credit card?
A business account with a credit card does not have to be expensive. With GoDutch, you can get started for free with a fully set-up business account including a Mastercard, with no fixed monthly fees and no hidden charges for using your card. It is wise to first compare different business accounts.
If you want more options, you can choose one of the paid plans, which start from just €12 per month. This gives you access to cashback on your spending, extra cards for your team, and more extensive bookkeeping integrations. GoDutch can be applied for within three minutes and is fully operational within three hours, so you can get started in business quickly without any hassle.
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