Reviews

Capital On Tap Review: Fees, Eligibility & Rewards

By Afshin · 12 April 2026 · 8 min read · Updated 2026-07-28

Capital On Tap offers a business credit card to eligible UK companies. This review summarises its advertised rewards and fees, the published application criteria, and what to check in your personalised offer. Approval and rates depend on the issuer's assessment; verify current terms before applying.

What is Capital On Tap?

Capital On Tap issues a Visa business credit card for eligible UK limited companies, LLPs and PLCs. The issuer advertises credit limits up to £250,000 and 1% cashback on card spend; your eligibility, limit and available rewards depend on the issuer's current criteria and offer.

The application is online. Decision timing and access to card features depend on the issuer's assessment and onboarding process, so a quick application is not a promise of approval.

Rewards: 1% Cashback or 7,500 Points Welcome Bonus

Every £1 you spend on the card earns 1% cashback that's automatically credited to your account each statement period. Alternatively, you can opt to collect points (1 point per £1) and redeem them for Avios — useful if you fly British Airways or Iberia.

On top of that, applying with referral code 2REFY893A52 unlocks a 7,500-point welcome bonus (worth roughly £75 in cashback or Avios value) after your first card transaction.

Fees & Interest Rates

The issuer currently advertises no annual, foreign-exchange or ATM fees on its standard business card. Its advertised APR starts at 13.86% variable; this is a lowest-available rate, not a representative or guaranteed rate, and your personalised offer may differ.

Interest, cash transactions and any other charges depend on the card agreement and how you use the account. Check your current offer and agreement for the applicable rate and full terms before applying.

Eligibility & Application Process

The issuer's published criteria include a UK Ltd, LLP or PLC that is active on Companies House, an applicant who is an active UK director or owns at least 25% of the company, no unsatisfied CCJs for the applicant or business in the past 12 months, and an eligible industry. Meeting these points does not guarantee approval.

The application asks for monthly business turnover. Capital On Tap's public pages do not present a consistent numeric threshold, so confirm the current requirement with the issuer rather than relying on a figure as an approval guarantee. The issuer says it makes an initial soft search on the applicant's personal credit file; a hard search on the business file occurs once the credit agreement is signed.

Pros and Cons

The advertised no annual, FX and ATM fees may suit businesses that value straightforward card costs. Compare the personalised APR, rewards and agreement with alternatives; the card may not suit a business that expects to carry a balance or does not meet the issuer's criteria.

• ✅ The issuer advertises no annual, FX or ATM fees
• ✅ Rates advertised as low as 13.86% variable APR; personalised rates may be higher
• ✅ 1% cashback advertised on card spend, subject to the issuer's current terms
• ✅ UK-based phone support
• ❌ Eligibility and approval are not guaranteed
• ❌ Interest may apply when you carry a balance; check the offer and agreement
• ❌ Your personalised APR may be higher than the lowest advertised rate

Verdict: Worth It in 2026?

For an eligible UK business comparing cards, Capital On Tap may be worth considering for its advertised cashback and no annual, FX or ATM fees. Check your personalised rate, any account-specific terms and eligibility before deciding; approval is not guaranteed.

If you're considering applying, using the referral code 2REFY893A52 adds a £75 bonus on top of your normal cashback at zero extra cost.