Points convert 1:1 to either cashback (credited to your statement) or Avios via British Airways Executive Club. There is no minimum spend, no expiry on points, and no category caps. Calculations: a business spending £20,000/year on the free card earns £200 cashback; on the £99 Rewards card it earns £300 — breaking even at ~£20,000/year of spend.
Quick reference
Question
What is Capital On Tap's cashback rate?
At a glance
Capital On Tap's free Business Credit Card earns 1% cashback (or 1 point per £1) on every transaction with no category restrictions.
Topic area
Rewards
Sources to check
For current product details and terms, check the issuer directly: