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Control, visibility, and flexibility for every business trip

The Caxton Business Travel Expense Card gives finance teams full oversight of travel spend while giving employees the freedom to book flights, hotels, and expenses in multiple currencies — all from a single card. Track real-time transactions, enforce travel policies, and reconcile expenses effortlessly. With instant alerts, secure payments, and FCA-regulated oversight, your company can manage travel budgets efficiently without slowing down the business.

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How the Caxton Business Travel Card Works

1

Assign a travel budget to each card or team—ensuring spend stays within limits.

Access multiple currencies through one business account.

2

Issue cards instantly

Physical or virtual cards can be deployed immediately, ready for travel or online payments.

3

Use cards for travel and expenses

Employees pay for flights, hotels, and meals in GBP or foreign currencies without FX markups.

4

Track spend in real time

Monitor transactions as they happen and receive instant notifications.

5

Adjust budgets or limits as needed

Top up, reduce, or pause cards instantly to maintain control over spend.

Caxton Business Travel Card vs Cash vs Credit Card

Managing business travel expenses shouldn’t be a juggling act. The Caxton Business Travel Card gives you full control over team budgets, real-time visibility, and multi-currency support—making it a safer, more efficient alternative to cash or traditional credit cards. Unlike cash, there’s no risk of loss or theft, and unlike credit cards, you avoid high foreign exchange fees and delayed reporting, keeping both your team and your accounts department in control.

Features

Budget Control
FX & Currency Fees
Spend Visibility
Security
Acceptance
Reporting & Reconciliation
Operational Convenience
Safety for Employees

Caxton Business Travel Card

Set budgets per card or team; prevent overspend
Competitive rates, multi-currency support
Real-time tracking and notifications
Card can be paused or cancelled instantly; no large cash on hand
Works anywhere cards are accepted; online and in-person
Automated, exportable for accounting systems
Easy to distribute and top up; no bank queues
No need to carry large sums; lost card instantly blocked

Cash

No control once given
Often poor rates at money changers
Impossible to monitor
High risk of loss or theft
Limited; cash only accepted locally
Manual tracking; time-consuming
Carrying cash, counting, and storing is cumbersome
High risk in transit

Credit Card

Limited to credit limit; difficult to allocate per team member
High FX fees and dynamic currency conversion
Delayed statements; limited real-time visibility
Fraud protection, but disputed charges take time
Widely accepted, but some merchants may reject foreign cards
Some automation, but may need manual categorisation
Card management can be complex across multiple employees
Limited protection vs lost or stolen cards until reported

Caxton Business Travel Card

Budget Control - Set budgets per card or team; prevent overspend
FX & Currency Fees - Competitive rates, multi-currency support
Spend Visibility - Real-time tracking and notifications
Security - Card can be paused or cancelled instantly; no large cash on hand
Acceptance - Works anywhere cards are accepted; online and in-person
Reporting & Reconciliation - Automated, exportable for accounting systems
Operational Convenience - Easy to distribute and top up; no bank queues
Safety for Employees - No need to carry large sums; lost card instantly blocked

Cash

Budget Control - No control once given
FX & Currency Fees - Often poor rates at money changers
Spend Visibility - Impossible to monitor
Security - High risk of loss or theft
Acceptance - Limited; cash only accepted locally
Reporting & Reconciliation - Manual tracking; time-consuming
Operational Convenience - Carrying cash, counting, and storing is cumbersome
Safety for Employees - High risk in transit

Credit Card

Budget Control - Limited to credit limit; difficult to allocate per team member
FX & Currency Fees - High FX fees and dynamic currency conversion
Spend Visibility - Delayed statements; limited real-time visibility
Security - Fraud protection, but disputed charges take time
Acceptance - Widely accepted, but some merchants may reject foreign cards
Reporting & Reconciliation - Some automation, but may need manual categorisation
Operational Convenience - Card management can be complex across multiple employees
Safety for Employees - Limited protection vs lost or stolen cards until reported

Expert analysis at your service

Stay ahead of the market with expert insight. In this special Budget edition of Caxton’s Currency Outlook, our senior analyst, David Stritch, breaks down the Chancellor’s announcements and explains what they really mean for businesses trading FX. 

Clients benefit not only from this public analysis but also from tailored discussions with their account managers, helping them understand how budgetary shifts could affect their specific cash flow, international payments, and FX exposure.

What is the Caxton Business Travel Card?

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The Caxton Business Travel Card is a prepaid, multi-currency card designed for business travel. It allows companies to pre-load budgets for employees, control spending in real time, and eliminate the hassle of cash or high-fee credit cards.

How does the card help with budget control?

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You can pre-load individual or team budgets onto each card, set spending limits, and restrict usage to approved categories. This ensures employees stick to allocated budgets while providing complete visibility for finance teams.

Can employees use the card abroad?

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Yes. The card works in multiple currencies and offers competitive exchange rates, making it ideal for international travel. Payments can be made online or in-store, just like a standard card, without hidden fees.

How do I manage multiple cards for my team?

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The Caxton platform provides a central dashboard where you can issue cards, allocate budgets, monitor spending in real time, and freeze or adjust cards instantly.

What happens if a card is lost or stolen?

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Cards can be immediately blocked via the platform, and replacements issued quickly. Preloaded budgets are secure and cannot be accessed by unauthorised users.

Is the card compatible with expense reporting systems?

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Yes. All transactions are logged and downloadable for seamless integration with your existing expense management or accounting software.

What is the Stirling Card and how does it work?

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The Stirling Card is Caxton’s GBP business travel card. It can be preloaded with budgets for individual employees or teams, giving you full control over spending. Perfect for domestic and international travel, it lets you allocate funds instantly, track expenses in real time, and top up balances as needed.

Can I restrict where or how the card is used?

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Absolutely. You can set merchant, category, or geographical restrictions to ensure cards are used appropriately and within company policy.

Is the Caxton Business Travel Card FCA-regulated?

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Yes. Caxton Payments Limited is fully authorised and regulated by the UK Financial Conduct Authority (FCA) as an electronic money institution and payments provider. This means your funds are safeguarded separately from Caxton’s own business accounts, and all card operations and international payment services are conducted under FCA supervision. You can use your Caxton Business Travel Card with confidence, knowing it complies with strict UK regulatory standards.