Is Metro Bank's lower APR worth it vs Capital On Tap's cashback?

Only if you regularly carry a balance over 30 days. If you pay your statement in full each month (~50 days interest-free), the APR is irrelevant and Capital On Tap's 1% cashback + 0% FX wins easily.

Does Capital On Tap accept Metro Bank business customers?

Yes — Capital On Tap is independent. As long as your UK Limited Company meets the eligibility criteria (£24k+/yr turnover, active on Companies House), you can apply regardless of who you bank with.

Independent comparison · May 2026

Capital On Tap vs Metro Bank Business Credit Card (2026)

Metro Bank's business credit card is a traditional high-street offering with a low APR but no rewards programme. Capital On Tap is the fintech challenger with 1% cashback and 0% FX. Here's how they compare.

Side-by-side specification

	Capital On Tap	Metro Bank Business
Annual fee	£0 (Business) / £99 (Rewards)	£0
Rewards	1 point per £1 (= 1% cashback or 1 Avios 1:1)	No cashback
Foreign-exchange fee	0% FX fees worldwide	2.99% non-sterling fee
Credit limit	Up to £250,000	Subject to assessment
Eligibility	UK Ltd / LLP / PLC, £24k+/yr turnover, no unsatisfied CCJs (last 12 months). Sole traders not eligible. No published minimum trading-period rule.	Metro Bank business customer typically
Representative APR	34.65% representative variable	~22.9% representative variable
Application	~2 minutes, soft credit check first	Branch or online, hard credit check
Card type	Visa Business credit card	MasterCard Business

Where Capital On Tap wins

✓ 1% cashback (Metro Bank pays nothing)
✓ 0% FX vs Metro Bank's 2.99%
✓ £75 welcome bonus with code 2REFY893A52
✓ Higher credit limit potential
✓ Soft credit check first (no impact on file)
✓ No banking relationship required

Where Metro Bank Business wins

✓ Lower APR if carrying a balance (~22.9% vs 34.65%)
✓ In-branch UK service
✓ Integrated with Metro Bank business banking

Who should pick which

Pick Capital On Tap if

You want rewards, 0% FX and a faster application — not a branch relationship.

Pick Metro Bank Business if

You value high-street branch banking and may carry a balance month-to-month.

FAQs: Capital On Tap vs Metro Bank Business

Is Metro Bank's lower APR worth it vs Capital On Tap's cashback?: Only if you regularly carry a balance over 30 days. If you pay your statement in full each month (~50 days interest-free), the APR is irrelevant and Capital On Tap's 1% cashback + 0% FX wins easily.
Does Capital On Tap accept Metro Bank business customers?: Yes — Capital On Tap is independent. As long as your UK Limited Company meets the eligibility criteria (£24k+/yr turnover, active on Companies House), you can apply regardless of who you bank with.