How-to Guides

Capital On Tap Eligibility 2026: Who Can Apply UK

By Afshin · 8 April 2026 · 6 min read

Capital On Tap is one of the easiest UK business credit cards to get approved for, but it's not open to everyone. Here are the full 2026 eligibility rules and what you can do to maximise your chance of approval.

1. Company Type

Capital On Tap is only available to UK Private Limited Companies (LTD) and Limited Liability Partnerships (LLP). The company must be registered at Companies House and have an active status.

• ✅ Private Limited Company (LTD)
• ✅ Limited Liability Partnership (LLP)
• ❌ Sole traders
• ❌ General partnerships
• ❌ Charities and CIOs
• ❌ Public Limited Companies (PLCs are typically too large to fit Capital On Tap's profile)

2. Trading History

Your company must be active on Companies House and have annual turnover of £24,000 or more (around £2,000/month). Capital On Tap does not publish a minimum trading-period requirement, but very new companies with no verifiable turnover history are typically declined because there is no Open Banking or accounts data for the underwriter to assess.

3. Director Requirements

At least one director must apply, be a UK resident, and be over 18. Directors with serious adverse credit events (recent CCJs, bankruptcy, IVAs) will struggle to be approved, since Capital On Tap performs personal credit checks on directors as well as company checks.

4. Credit Profile

There's no published minimum credit score, but in practice Capital On Tap looks at both the company's credit file and the director's personal file. A 'fair' or better personal score (Experian 881+ / Equifax 380+) and a clean company file are the typical thresholds for approval.

The initial application uses a soft credit search only — no impact on your credit score. A hard search is performed only if you accept the credit offer.

5. What Documents You'll Need

The application is light on paperwork. Have these ready:

• Companies House number
• Registered company address
• Director's date of birth and home address (3-year history)
• Business bank account details
• Estimated annual business revenue

What If You're Declined?

If you're declined, Capital On Tap will tell you the reason. The most common causes are: annual turnover below £24,000, an unsatisfied CCJ within the last 12 months, a recent adverse credit event on the director's file, or insufficient trading data for a very new company. Build trading history through your business bank account and reapply once turnover is reliably above the threshold.

If you qualify, applying with referral code 2REFY893A52 adds a £75 welcome bonus to your account on top of normal eligibility.