Can Capital On Tap issue cards to my employees?

Yes — Capital On Tap supports multiple cardholders (named employees) at no extra fee, with shared credit limit. For granular per-card budget caps and approval workflows, Soldo is purpose-built.

Does Soldo offer cashback?

No, Soldo doesn't pay cashback. Capital On Tap pays 1 point per £1. On £100k annual spend, that's £1,000 cashback Capital On Tap pays that Soldo doesn't.

Independent comparison · May 2026

Capital On Tap vs Soldo (2026)

Soldo is a prepaid expense-management platform that issues virtual and physical Mastercards to employees with built-in budgets and approval workflows. Capital On Tap is a credit card with rewards. Different problems.

Side-by-side specification

	Capital On Tap	Soldo
Annual fee	£0 (Business) / £99 (Rewards)	£5-£21/user/month subscription tiers
Rewards	1 point per £1 (= 1% cashback or 1 Avios 1:1)	No cashback
Foreign-exchange fee	0% FX fees worldwide	1% non-sterling fee
Credit limit	Up to £250,000	Prepaid — load funds first
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 businesses
Representative APR	34.65% representative variable	N/A — prepaid
Application	~2 minutes, soft credit check first	Online, business verification
Card type	Visa Business credit card	Mastercard prepaid

Where Capital On Tap wins

✓ True credit — ~50 days interest-free, no need to prefund
✓ 1% cashback (Soldo gives nothing)
✓ 0% FX (Soldo charges 1%)
✓ £75 welcome bonus with code 2REFY893A52
✓ No monthly per-user subscription fees
✓ Higher credit limit (£250k vs prepaid balance)

Where Soldo wins

✓ Strict per-employee, per-card budget controls
✓ Built-in approval workflows for expense submissions
✓ Detailed real-time spend reporting per team / project
✓ Issuing many virtual cards instantly for staff

Who should pick which

Pick Capital On Tap if

You're the founder / director and want a primary business card with rewards and credit.

Pick Soldo if

You're managing 10+ employees with regular expenses and need granular per-card budget enforcement.

FAQs: Capital On Tap vs Soldo

Can Capital On Tap issue cards to my employees?: Yes — Capital On Tap supports multiple cardholders (named employees) at no extra fee, with shared credit limit. For granular per-card budget caps and approval workflows, Soldo is purpose-built.
Does Soldo offer cashback?: No, Soldo doesn't pay cashback. Capital On Tap pays 1 point per £1. On £100k annual spend, that's £1,000 cashback Capital On Tap pays that Soldo doesn't.