What is the minimum turnover for Capital On Tap?

Capital On Tap typically looks for around £24,000+ in annual turnover, assessed alongside trading history and credit profile. It's a guideline, not a strict cut-off — run the soft-search check to know for sure.

Does checking eligibility affect my credit score?

No. The eligibility check is a soft search, which is invisible to other lenders and has no impact on your score. A hard search only occurs if you proceed with a full application.

Can a new company with low turnover qualify?

It's harder with low turnover and limited trading history, but a strong overall profile can help. If declined, alternatives like Amex Business Gold or Tide Business Credit assess differently.

Can sole traders apply?

No. Capital On Tap is restricted to UK limited companies, LLPs and PLCs. Sole traders would need to incorporate first or consider other cards.

How do I claim the £75 bonus?

Apply with referral code 2REFY893A52 and make your first card transaction to receive 7,500 points worth £75.

Eligibility

Capital On Tap Minimum Turnover: Do You Qualify in 2026?

By Afshin · 31 May 2026 · 6 min read

One of the most common questions before applying is simple: do I earn enough to qualify? Capital On Tap weighs your business turnover alongside trading history and credit profile. This guide explains the turnover level commonly required, the other factors that matter, and how to check eligibility with a soft search that won't affect your credit score. Qualifying applicants who use code 2REFY893A52 also get £75.

What turnover do you need?

Capital On Tap commonly looks for businesses with around £24,000 or more in annual turnover. This is a guideline rather than a hard cut-off — turnover is assessed alongside your trading history and credit profile, so a strong overall picture can matter as much as the headline figure.

The only way to know for certain is to run the eligibility check, which uses a soft search and gives an indication without affecting your credit score.

The other eligibility requirements

Turnover is just one factor. Capital On Tap is for UK-registered limited companies (Ltd), limited liability partnerships (LLP) and public limited companies (PLC) active on Companies House.

A UK Ltd, LLP or PLC registered at Companies House
Around £24,000+ annual turnover (guideline)
An acceptable personal credit profile for the director
A personal guarantee from a company director

Who doesn't qualify

Sole traders and ordinary partnerships are not eligible, because the product is built for incorporated businesses. Charities and non-profits are also typically excluded.

If you're a sole trader, you can either incorporate as a limited company and apply once trading, or consider alternatives such as American Express Business Gold or Tide Business Credit.

Check eligibility without harming your credit

Capital On Tap's eligibility check uses a soft search, which is invisible to other lenders and has no impact on your credit score. A hard search only happens if you choose to proceed with a full application.

This means you can check where you stand risk-free. If you qualify and apply with code 2REFY893A52, you'll receive 7,500 points (£75) after your first transaction.

Frequently asked questions

What is the minimum turnover for Capital On Tap?: Capital On Tap typically looks for around £24,000+ in annual turnover, assessed alongside trading history and credit profile. It's a guideline, not a strict cut-off — run the soft-search check to know for sure.
Does checking eligibility affect my credit score?: No. The eligibility check is a soft search, which is invisible to other lenders and has no impact on your score. A hard search only occurs if you proceed with a full application.
Can a new company with low turnover qualify?: It's harder with low turnover and limited trading history, but a strong overall profile can help. If declined, alternatives like Amex Business Gold or Tide Business Credit assess differently.
Can sole traders apply?: No. Capital On Tap is restricted to UK limited companies, LLPs and PLCs. Sole traders would need to incorporate first or consider other cards.
How do I claim the £75 bonus?: Apply with referral code 2REFY893A52 and make your first card transaction to receive 7,500 points worth £75.

Ready to apply?

Get £75 free with code 2REFY893A52

Read the full Capital On Tap promo code guide for eligibility, fees and approval times.

Apply with referral link →