Can I have both Capital On Tap and Tide Business Credit?

Yes. They are entirely separate products from different companies. Many UK SMEs use Tide for banking and Capital On Tap as their primary spending card to capture rewards.

Which has the higher credit limit?

Capital On Tap goes up to £250,000 for established businesses, while Tide Business Credit limits are typically lower (£500-£100,000) and based on Tide transaction history.

Does Tide do a credit card too?

Tide has launched expense cards and prepaid cards but does not yet have a true business credit card with rewards comparable to Capital On Tap.

Will applying for Capital On Tap affect my Tide account?

No. They are separate companies. Capital On Tap will do its own credit check (soft initially, hard if you accept), but this has no impact on your Tide banking relationship.

Is the 2REFY893A52 code valid for Tide users?

Yes. The Capital On Tap referral code 2REFY893A52 is independent of which business bank you use. Tide customers can apply for Capital On Tap and use the code to get the £75 bonus.

Comparisons

Capital On Tap vs Tide Business Credit (2026)

By Afshin · 16 May 2026 · 7 min read

Capital On Tap and Tide Business Credit both serve UK small businesses but with different propositions: Capital On Tap is a standalone rewards credit card, while Tide Business Credit is a credit facility integrated into the Tide business banking app. The right choice depends entirely on whether you already bank with Tide and whether earning rewards matters more than integrated cash-flow tools.

What each product actually is

Capital On Tap is a Visa Business credit card with a credit line of £1,000 to £250,000. It's a separate product from your business bank account — you apply, get a card, and pay the bill via direct debit each month from any UK business bank account.

Tide Business Credit is not technically a credit card — it's a flexible credit facility (instalment loan and overdraft-style credit) accessed through the Tide app. To get it, you must first be a Tide business banking customer.

Rewards comparison

Capital On Tap offers 1 point per £1 spent, redeemable as 1% cashback or transferred to Avios at 0.5p/point. New customers using referral code 2REFY893A52 get 7,500 bonus points (£75) after first transaction.

Tide Business Credit offers no rewards on spend. The product is purely a credit facility — there's no cashback, no points, no welcome bonus.

Fees & APR

Capital On Tap: £0 annual fee, 34.9% representative APR variable, 0% FX fees on EUR/USD, 2% cash withdrawal fee.

Tide Business Credit: APR varies from 14.9% to 31.9% depending on creditworthiness, monthly Tide plan fee may apply (£0-£49.99/month depending on the plan), no rewards or cashback.

Eligibility

Capital On Tap accepts UK Ltd, LLP and PLC businesses active on Companies House with £24,000+ annual turnover. No published minimum trading-period rule. Sole traders are not eligible for the credit card product.

Tide Business Credit requires you to be an existing Tide banking customer. Tide accepts limited companies, sole traders and partnerships, but credit eligibility is assessed separately based on transaction history through the Tide account.

Capital On Tap: ✓ Limited companies, ✓ LLPs, ✗ Sole traders
Tide Business Credit: ✓ Limited companies, ✓ Sole traders, ✓ Partnerships (Tide customers only)

Integration & workflow

Capital On Tap operates as a standalone product — you'll have the Capital On Tap app/portal alongside whatever business bank you use. Pros: works with any UK business bank. Cons: it's another login and another tool.

Tide Business Credit lives inside the Tide app. Your cash, credit, invoicing and accounting all sit in one view. Pros: cleaner workflow if you're already on Tide. Cons: you're locked into Tide's banking ecosystem to use it.

Verdict

If you're a limited company or LLP that wants rewards and doesn't mind a separate app, Capital On Tap wins on the £75 welcome bonus, the cashback, and the 0% FX fees. The 34.9% APR only matters if you carry a balance.

If you're already a Tide customer and want one app for everything, Tide Business Credit is the cleaner workflow — but you'll forgo all rewards. Many businesses use both: Capital On Tap for spend (to earn rewards) and Tide for banking + occasional working capital top-ups.

Frequently asked questions

Can I have both Capital On Tap and Tide Business Credit?: Yes. They are entirely separate products from different companies. Many UK SMEs use Tide for banking and Capital On Tap as their primary spending card to capture rewards.
Which has the higher credit limit?: Capital On Tap goes up to £250,000 for established businesses, while Tide Business Credit limits are typically lower (£500-£100,000) and based on Tide transaction history.
Does Tide do a credit card too?: Tide has launched expense cards and prepaid cards but does not yet have a true business credit card with rewards comparable to Capital On Tap.
Will applying for Capital On Tap affect my Tide account?: No. They are separate companies. Capital On Tap will do its own credit check (soft initially, hard if you accept), but this has no impact on your Tide banking relationship.
Is the 2REFY893A52 code valid for Tide users?: Yes. The Capital On Tap referral code 2REFY893A52 is independent of which business bank you use. Tide customers can apply for Capital On Tap and use the code to get the £75 bonus.

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 →