Capital on Tap Business Credit Card Review (2026)

By: Money Navigator Research Team

Last Reviewed: 29/12/2025

💡 This page is for UK limited companies deciding whether to apply for Capital on Tap.

Verdict: The Capital on Tap Business Credit Card is widely considered the “Gold Standard” for Limited Companies in the UK. By combining the high acceptance rates of a fintech with the low interest rates of a bank, it occupies a unique “sweet spot” in the market.

With 1% uncapped cashback, credit limits up to £250,000, and a Soft Credit Check eligibility tool, it beats almost every high-street bank card for sheer utility.

However, it is not for everyone. If you are a Sole Trader or need to spend heavily in foreign currencies (without paying a fee), there are things you need to know before you apply.

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Capital on Tap At a Glance: Key Stats

Feature
Standard Account
Pro Account
Annual Fee
£0 (Free)
£299 / year
Cashback
1% (Cash or Vouchers)
1% (Avios Convertible)
Credit Limit
Up to £250,000
Up to £250,000
Representative APR
35.15% (Variable)
35.15% (Variable)
FX Fees
2.99%
0%
ATM Withdrawals
Free
Free
Eligibility Check
Soft Check
Soft Check
What Happens After Approval
Card issued, credit limit set, online account access

Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk.

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Capital on Tap Trustpilot Reviews

Accurate on: 24/12/2025

See Capital on Tap Trustpilot reviews

Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk .

Check Eligibility (No Credit Footprint)

Takes under 60 seconds • No impact on your credit score

The “Need to Know” Essentials

  HOW REWARDS WORK  

1. The Rewards: How the 1% Works

Most business credit cards offering rewards come with a catch (caps, expiry dates, or tiered rates). Capital on Tap is refreshingly simple.

  • Rate: You earn 1 point for every £1 spent.

  • Value: 1 Point = 1p. This equals a flat 1% cashback.

  • Redemption: You can use points to reduce your card balance (effectively cash) or buy Amazon/retail vouchers.

  • The “Pro” Boost: If you upgrade to the Pro tier, you can convert points to Avios (British Airways) at a 1:1 rate.

  • Example (Rewards): Rewards are applied monthly and only on eligible card spend. Cashback is credited to your Capital on Tap account, not paid out as cash.

capital on tap business credit cards
Visit Capital on Tap Website

  SOFT CREDIT CHECK  

2. The “Soft Check” (Risk-Free Application)

This is the feature our readers love most. Unlike Barclays or HSBC, which perform a “Hard Search” just to tell you “No,” Capital on Tap uses a Soft Search.

  • What this means: You can fill out the form and see your credit limit and interest rate without affecting your credit score.

  • When does the Hard Check happen? Only if you accept the offer and sign the agreement.

  • Why most applicants start here

    • No impact on your credit file
    • Confirms eligibility before a full application
    • Lets you see available limits before committing

Check Eligibility (Soft Search)
capital on tap business credit cards
Visit Capital on Tap Website

  CAPITAL ON TAP SUPERPOWER  

3. Cash Transfers (Alternative to Loans)

This card has a superpower. You can transfer funds from your card limit directly to your business bank account.

  • Why use it? If you need cash to pay a supplier who doesn't accept cards, or to pay wages.

  • Cost: Standard interest rates apply immediately (there is no interest-free period on cash transfers), but it is often faster and cheaper than a dedicated Business Loan.

capital on tap business loans
Visit Capital on Tap Website

Deep Dive: Standard vs. Pro (Is the upgrade worth it?)

Capital on Tap offers a “Business Rewards” (Pro) tier for £299 per year. Is it worth the cost?

The Pro Benefits

  • Avios Conversion: The ability to transfer points to British Airways Executive Club (1:1 rate).

  • Unlimited Lounge Access: You get a Priority Pass membership for the main cardholder (worth over £200 alone).

  • 0% FX Fees: The standard card charges 2.99% on non-GBP spend. The Pro card charges 0%.

  • 10,000 Bonus Points: If you spend £5,000 in your first 3 months.

  • Radisson Rewards VIP Status: Instant upgrade for hotel perks.

The Math: Should you upgrade?

  • YES, if you travel: If you take just 4-5 flights a year, the Lounge Access pays for the card. If you spend £10,000+ a year in USD/EUR, the 0% FX saving also pays for the card.

  • NO, if you stay in the UK: If you don't fly or spend abroad, stick to the Free Standard Account. The 1% cashback is identical.

How applicants usually decide

  • Standard is typically chosen by businesses using the card occasionally.
  • Pro is more commonly selected by higher-spend businesses that want fee certainty.
capital on tap business loans
Visit Capital on Tap Website

Accounting & Admin Features

For business owners, the “boring” stuff matters. Capital on Tap excels here.

1. Xero & QuickBooks Integration

The card offers a direct feed into Xero, QuickBooks, Sage, and FreeAgent.

  • Daily Sync: Transactions appear in your software automatically every 24 hours.

  • Receipt Capture: You can snap a photo of a receipt in the app, and it attaches to the transaction in Xero. This saves hours of bookkeeping time.

2. Unlimited Employee Cards

You can issue plastic or virtual cards to as many staff as you like for free.

  • Controls: You can set individual spending limits (e.g., “Bob can spend £500/month, Sarah can spend £5,000”).

  • Visibility: You see who spent what in real-time via the dashboard.

capital on tap business loans
Visit Capital on Tap Website

Eligibility: Can You Apply?

Capital on Tap has strict but clear criteria.

You MUST:

  • ✅ Be a Director of a Limited Company (Ltd) or LLP registered at Companies House.

  • ✅ Have an annual turnover of at least £24,000 (approx £2,000/month).

  • ✅ Have no unsatisfied CCJs against you or the business in the last 12 months.

Who is EXCLUDED:

  • ❌ Sole Traders: You cannot apply. If you are a sole trader, we recommend Starling Bank or a personal rewards card.

  • ❌ New Businesses: You generally need 3+ months of trading history.

👉 Capital on Tap is designed for UK limited companies. Sole traders are not eligible.

Quick links:

Comparison: Capital on Tap vs. The Rest

Capital on Tap has strict but clear criteria. Comparisons are based on publicly available features and fees. Approval likelihood and credit limits vary by applicant.

Feature
Capital on Tap
Amex Business Gold
High Street Bank (e.g. Barclaycard)
Acceptance
High (Visa/Mastercard)
Medium (Amex issues)
High (Visa/Mastercard)
Annual Fee
£0
£195 (Free year 1)
£30 - £150+
Cashback
1% Flat
Membership Points
Often 0.5% or capped
FX Fees
2.99% (0% on Pro)
2.99%
2.99%
Eligibility
Soft Check
Hard Check
Hard Check
Credit Limits
High (Revenue based)
High (Charge Card)
Generally Lower

The Verdict:

  • Amex is better for “Travel Hacking” points if you spend huge amounts on ads.

  • Capital on Tap is better for general business spend because it is accepted everywhere and has no fees.

Pros & Cons

The Bad (Cons)

❌ Not for Sole Traders: Limited Companies only.

❌ FX Fees on Free Plan: The 2.99% fee makes the free card expensive for overseas spending (e.g., US software subscriptions).

❌ Variable Rates: While some get ~15%, the representative APR is 35.15%. If you carry a balance, it can be expensive.

The Good (Pros)

✅ Uncapped 1% Cashback: One of the few cards that doesn't stop paying you after you hit a limit.

✅ Risk-Free Application: The Soft Check allows you to “rate shop” without damaging your credit file.

✅ High Limits: Limits up to £250,000 are available for businesses with high turnover.

✅ Accounting Sync: Seamless integration with Xero saves admin time.

✅ No ATM Fees: Withdrawing cash is free (though interest applies instantly).

Final Review: Who Capital on Tap is Most Likely to Suit

If you run a Limited Company, yes.

It is rare to find a card that charges £0 annual fees but still pays 1% cashback. If you spend £5,000 a month on ads or stock, this card puts £600 a year back in your pocket for free.

The fact that you can check your eligibility with a Soft Check makes it a “no-brainer” to at least see what limit they will offer you.

Check eligibility with Capital on Tap (soft search)

Capital on Tap FAQ's

Below, we answer the most common questions about eligibility, credit checks, and card features to help you decide if Capital on Tap is the right financial tool for your business.

Does Capital on Tap do a hard credit check?

You can check eligibility without affecting your credit score via Capital on Tap’s soft search.

Only at the very end. They perform a Soft Check to give you a quote (which doesn't affect your score). A Hard Check is only performed once you click “Accept” and sign the contract.

Yes. This is a standout feature. Unlike most credit cards, Capital on Tap allows you to transfer cash from your card limit directly to your high-street business bank account. Note that interest is usually charged immediately on these transfers.

Generally, yes. Because they view your open banking data (real-time revenue) rather than just your historic credit score, they have a higher acceptance rate than traditional banks. You typically need to be trading for at least 3 months.

Yes. You can add your card (and employee cards) to Apple Pay and Google Pay instantly for contactless spending.

No. Capital on Tap is currently only available to Limited Companies (Ltd) and Limited Liability Partnerships (LLP) registered in the UK. If you are a sole trader, you will need to look at alternative providers like Starling Bank or a personal business credit card.

You can issue an unlimited number of company cards to your staff for free. You can set individual spending limits for each cardholder and freeze or cancel cards instantly via the app if they are lost or misused.

Yes. Capital on Tap has seamless integrations with major accounting software including Xero, QuickBooks, FreeAgent, and Sage.

Transactions sync automatically (usually every 24 hours), and you can upload receipts directly to the app to match them with expenses.

Yes. You get up to 42 days interest-free on card purchases, provided you pay your balance in full by the due date each month. Note that this interest-free period does not apply to cash transfers or ATM withdrawals.

You can set up a Direct Debit to pay your balance automatically. You can choose to pay the full balance, the minimum payment, or a fixed amount each month. You can also make one-off payments via the app using a debit card at any time.

Capital on Tap reviews credit limits regularly. You can also request a review manually through your online portal or by contacting customer support. Increases are generally based on your business turnover and repayment history with the card.

Money Navigator Research Team

Market Research & Comparison Editors

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Money Navigator is an independent publisher. We rate lenders based on:

  • Cost: Representative APR and hidden setup fees.
  • Speed: How quickly the money hits your account.
  • Eligibility: How easy it is to get accepted (Credit check strictness).
  • Flexibility: Are there penalties for repaying early? (We prioritise lenders with zero early repayment fees).

Disclaimer: Money Navigator is an independent comparison service and not a lender. We may earn a commission if you apply through our links. This does not affect our ratings. Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk.