Comparisons

Capital On Tap vs Cashplus Business Card: UK Comparison (2026)

By Afshin · 28 July 2026 · 6 min read

Cashplus Business and Capital On Tap are both popular UK small business credit and prepaid card products. But they are fundamentally different products: Capital On Tap is a true business credit card with a revolving credit facility, while Cashplus Business operates more like a prepaid card with optional credit features. Understanding that difference is the starting point for this comparison.

Key Differences at a Glance

Capital On Tap is a Visa Business credit card — you spend on credit and repay monthly. Cashplus Business is primarily a prepaid Mastercard with a linked business bank account; some customers can access a credit facility, but it's not guaranteed and limits are lower.

• Capital On Tap: credit limits up to £250,000 | Cashplus: credit up to £25,000 (if eligible)
• Capital On Tap: 1% cashback on all spend | Cashplus: no cashback on standard card
• Capital On Tap: no annual fee | Cashplus: £69/year (standard business account)
• Capital On Tap: requires Ltd / LLP / PLC | Cashplus: accepts sole traders
• Capital On Tap: available to limited companies | Cashplus: broader eligibility including poorer credit profiles

Credit Limits and Eligibility

Capital On Tap approves most active UK limited companies with £24k+ annual turnover and no recent CCJs. Credit limits start at around £2,000 and can reach £250,000 for established businesses. The approval process takes minutes and uses a soft search initially.

Cashplus has a lower entry bar — it accepts businesses with weaker credit histories and also serves sole traders, which Capital On Tap does not. However, the credit facility (if you qualify) is capped at much lower levels and comes with a higher APR.

Rewards and Value

Capital On Tap's 1% unlimited cashback is one of the best flat-rate rewards on any UK business card — no caps, no categories, no hoops. On £5,000/month spend that's £600/year back, on top of the £75 sign-up bonus with referral code 2REFY893A52.

Cashplus offers no cashback on its standard business card. There is a Cashplus Rewards programme, but it's based on selected merchant offers rather than flat-rate spend rewards.

When to Choose Cashplus Over Capital On Tap

Cashplus is worth considering if: you're a sole trader (Capital On Tap doesn't accept you), your company has a CCJ or thin credit file that Capital On Tap would decline, or you need a business bank account and card in one product with simpler setup.

For most active UK limited companies with decent credit, Capital On Tap is the stronger product on every metric that matters: credit limit, rewards, fees, and FX rates.