Referral Codes

Capital On Tap Refer a Friend: How the Scheme Works (2026)

By Afshin · 15 June 2026 · 7 min read

Capital On Tap's refer-a-friend scheme is a two-sided reward: when a new UK limited company applies using an existing cardholder's referral code, both parties receive a 7,500-point bonus worth £75. The active code on this site is 2REFY893A52. This guide explains how the scheme is structured, what each side earns, the rules that govern it, and how to make sure your bonus actually arrives.

How the refer-a-friend scheme works

Every Capital On Tap cardholder gets a unique referral code tied to their account. When a new applicant enters that code during their application, Capital On Tap recognises the link and queues a welcome bonus for both sides once the new account is approved and used.

The code 2REFY893A52 is one of these referral codes. From your point of view as a new applicant, it behaves exactly like the codes Capital On Tap promotes in its own refer-a-friend programme — it unlocks the standard 7,500-point welcome bonus and nothing about your card terms, fees, or interest rate changes as a result.

How much each side earns

The scheme is symmetric: the new customer and the referring cardholder each receive the same 7,500-point bonus. There is no version of the offer that pays the new applicant less than the referrer, or vice versa.

• 🎁 New applicant: 7,500 points (£75 cashback or 7,500 Avios)
• 🤝 Referrer: 7,500 points (£75 cashback or 7,500 Avios)
• ⏱️ Credited after the new cardholder's first purchase within 30 days of approval
• 📅 Points appear within 3–5 working days of that first transaction settling
• 💷 7,500 points = £75 statement credit, or 7,500 Avios if you collect points

How to use code 2REFY893A52 as a new applicant

The most reliable way to attach the code is to apply through the referral link on tapondeals.co.uk, which carries 2REFY893A52 automatically so you can't forget to enter it. If you reach Capital On Tap's application form by another route, paste the code into the 'Referral Code' field before you submit.

• 1️⃣ Click 'Apply with referral link' on tapondeals.co.uk (code attaches automatically)
• 2️⃣ Enter your Companies House number, registered address, and monthly turnover
• 3️⃣ Enter your details as the applying director
• 4️⃣ If you arrived without the referral link, paste 2REFY893A52 into the 'Referral Code' field
• 5️⃣ Submit for an instant decision, then make your first purchase within 30 days

Is there a limit on how many people you can refer?

Once you become a cardholder, you receive your own referral code and can share it with other UK limited companies. Capital On Tap's published programme does not cap the number of friends you can refer, so each successful referral that completes a first transaction earns you a further 7,500-point bonus.

This is why the scheme is popular with accountants, business networks, and founders who know other directors — the referrer's earning potential stacks with every new business that joins and starts using the card.

When the bonus might not arrive

The bonus is reliable as long as the basic conditions are met. Most missed bonuses come down to the code not being attached, or the first transaction not happening inside the window.

• ⚠️ The code wasn't entered — applying directly without 2REFY893A52 means no bonus is registered
• ⚠️ No qualifying purchase was made within 30 days of approval
• ⚠️ The application was declined (the card itself must be approved first)
• ✅ Fix: apply via the referral link so the code attaches automatically, then spend once on the card

Should you use the scheme?

If you're going to apply for Capital On Tap anyway, using a referral code is free money — you get £75 you wouldn't otherwise receive, with no change to your rates or fees. There's no downside to entering 2REFY893A52 during your application.

For UK limited companies that pay their balance in full each month, the combination of unlimited 1% cashback, 0% FX fees on EUR and USD, and a £75 welcome bonus makes this one of the strongest no-annual-fee business cards available in 2026.