Does Monzo Business offer a credit card?

Not at present — Monzo Business is a debit-only product. For a credit card with rewards and ~50 days interest-free credit, Capital On Tap is the standard pairing.

Independent comparison · May 2026

Capital On Tap vs Monzo Business (2026)

Monzo Business is the popular fintech bank account for UK sole traders and Ltd companies. Capital On Tap is a credit card. Different products — most users have both.

Side-by-side specification

	Capital On Tap	Monzo Business
Annual fee	£0 (Business) / £99 (Rewards)	From £0 (Lite) to £9-£25/month (Pro/Team)
Rewards	1 point per £1 (= 1% cashback or 1 Avios 1:1)	No cashback
Foreign-exchange fee	0% FX fees worldwide	0% on debit (within fair-use limits)
Credit limit	Up to £250,000	Overdraft only
Eligibility	UK Ltd / LLP / PLC, £24k+/yr turnover, no unsatisfied CCJs (last 12 months). Sole traders not eligible. No published minimum trading-period rule.	UK Ltd or sole trader
Representative APR	34.65% representative variable	Variable on overdraft
Application	~2 minutes, soft credit check first	App, in minutes
Card type	Visa Business credit card	Mastercard debit

Where Capital On Tap wins

✓ True credit card vs Monzo's debit
✓ 1% cashback Monzo doesn't pay
✓ £75 welcome bonus with code 2REFY893A52
✓ Higher credit limit (£250k)
✓ Builds business credit history

Where Monzo Business wins

✓ Free UK business bank account
✓ Best-in-class app UX
✓ Pots and tax buckets built in
✓ Works for sole traders

Who should pick which

Pick Capital On Tap if

You're a UK Ltd company and want a credit card with rewards.

Pick Monzo Business if

You need a UK business bank account with great UX.

FAQs: Capital On Tap vs Monzo Business

Does Monzo Business offer a credit card?: Not at present — Monzo Business is a debit-only product. For a credit card with rewards and ~50 days interest-free credit, Capital On Tap is the standard pairing.