Comparisons

Capital On Tap vs ANNA Money: UK Business Card Compared (2026)

By Afshin · 28 July 2026 · 5 min read

ANNA Money is a UK business account and prepaid Mastercard aimed at sole traders, freelancers, and small limited companies. Capital On Tap is a business credit card for limited companies. Comparing them directly is a bit like comparing a current account to a credit card — they serve different functions — but many small business owners are choosing between the two as their primary business spending tool.

What's the Difference?

ANNA Money is a fully licensed UK business bank account (sort code and account number) with a prepaid Mastercard. You can only spend what's in the account — there's no credit facility by default. It also offers invoicing, tax estimates, and a receipt scanner built in.

Capital On Tap is a Visa Business credit card — you spend on credit up to your approved limit and repay at month end or carry a balance (at cost). It is not a bank account.

Fees

ANNA has a free tier with limited features and paid plans from £11/month that include perks like a metal card, tax calculations, and more invoice templates. Capital On Tap charges no annual fee on its standard card — the Rewards tier costs £99/year for extra perks.

Rewards and Cashback

Capital On Tap gives 1% cashback on all spend — automatic, no categories, no caps. ANNA does not offer cashback on card spend. On £3,000/month business spend, Capital On Tap earns £360/year back; ANNA earns nothing.

Who Should Choose Which

Choose ANNA if you're a sole trader (Capital On Tap doesn't accept sole traders), want a business bank account with built-in bookkeeping tools, or are just starting out and want a simple, low-cost banking solution.

Choose Capital On Tap if you're a UK limited company, want to earn cashback on all your business spending, need a credit line for cash flow flexibility, and have at least £24,000 annual turnover.