Capital on Tap
Capital on Tap Business Credit Card
A UK business credit card for small businesses offering uncapped 1% cashback on all card spending, no joining fee, no annual fee, free employee cards, virtual cards, and no foreign transaction fees. Capital on Tap says businesses can get credit limits up to £250,000, subject to approval.
Highlights
Main benefits
- No joining fee
- No annual fee
- Uncapped 1% cashback
- Rewards redeemable as cash, gift cards, balance credit, Avios, Virgin Points, or Radisson Rewards
- Credit limits up to £250,000, subject to approval
- No foreign transaction fees
- Free unlimited employee cards
- Virtual cards available after approval
- Spend controls and real-time tracking through app
- Built for UK small businesses
Fees
Fees and charges
Joining fee
£0
Renewal fee
£0 for the standard/free Capital on Tap Business Credit Card. Capital on Tap says the free 1% cashback card has no annual fee; the optional Pro plan costs £299 per year.
Annual fee waiver
- Employee cards**
Free unlimited company cards for employees, with personalised spending controls and real-time tracking through the app.
Who can apply
Eligibility
Capital on Tap says applicants must have a business bank account to apply. The card is aimed at small businesses, and the application may ask for details such as legal business name, business address, type of business, and monthly turnover.
Checklist
Documents required
- Legal business name
- Business address and phone number
- Business type
- Monthly turnover
- Business bank account details
- Director/owner identity details
- Financial and credit assessment details
Process
How to apply
Apply online through Capital on Tap’s official UK website. Capital on Tap says the application can take around 2 minutes, many applicants get an instant decision, and approved users can get virtual card access before the physical card arrives.
Value
Reward and cashback structure
Reward rate
1% cashback on every purchase, uncapped. Capital on Tap says users earn rewards points for every pound spent and can redeem those points for cash, gift cards, statement balance reduction, or transfer to partners such as Avios, Virgin Points, and Radisson Rewards.
Cashback
Earn unlimited 1% cashback on business card spending. Rewards can be redeemed as cash, used to reduce the card balance, converted into travel points, or redeemed for gift cards.
Good fit
Pros
- Simple 1% cashback on all spending
- No annual fee on standard card
- No cashback cap
- Good for business expenses and supplier payments
- No foreign transaction fees
- Free employee cards
- Useful app controls for team spending
- Wider acceptance than Amex
Watchouts
Cons
- Business card only, not for personal consumer use
- No lounge access on the free card
- APR can be high if balance is not paid in full
- Approval depends on business and personal/business credit profile
- Optional Pro tier costs £299/year
- Not ideal for businesses that cannot use credit responsibly
Related
Related cards
Compare
Compare Cards
| Field | Capital on Tap Business Credit Card | Amex Platinum Cashback Everyday Credit Card |
|---|---|---|
| Bank/provider | Capital on Tap | American Express |
| Joining fee | £0 | £0 |
| Renewal fee |
| £0 |
| Best for | UK small businesses that want simple 1% uncapped cashback, employee cards, and no foreign transaction fees | Everyday cashback, No annual fee users, UK users who can spend £3,000+ per year, People who prefer simple cashback instead of points |
| Reward rate |
|
|
| Cashback |
|
|
| Lounge access | No standard airport lounge access is listed for the free Capital on Tap Business Credit Card | No |
| Fuel surcharge waiver | No | No |
| Welcome benefit |
|
|
| Annual fee waiver condition |
| Not applicable because the card has no annual fee |
| Eligibility |
|
|
| Apply link | Apply | Apply |