Capital on Tap Promo Code & Review (7,500 Points)
Capital on Tap is one of the UK's most-loved business credit cards — 1% uncapped cashback, credit limits up to £250,000, no annual fee. Use our verified Capital on Tap promo code SETTINGUP to claim 7,500 bonus points (worth £75) on your first transaction.
UK SMEs with regular card spend (ads, software, supplies) who want cashback and a flexible credit line.
Instant in most cases — a soft search doesn't affect your personal credit score until you accept.
£0. No joining fee, no annual fee, free additional cards for staff.
What is Capital on Tap?
Capital on Tap is a UK-based business credit card and lender founded in 2012. It's specifically built for SMEs — sole traders, limited companies and partnerships with at least £24,000 annual turnover — and now serves more than 200,000 UK businesses.
The product is a Visa Business credit card with a single, easy-to-understand reward: 1% uncapped cashback (or equivalent in points) on every pound spent. There's no annual fee, no foreign transaction fee on the Cashback Card, and you can add free employee cards with spending limits.
It's earned a 4.7/5 Trustpilot rating from over 10,000 reviews — one of the highest scores of any UK financial product — largely thanks to fast decisions, a clean app, and responsive UK-based customer support.
Features at a glance
Visa Business credit card
Accepted anywhere Visa works. Contactless, Apple Pay and Google Pay ready.
1% uncapped cashback
Earn 1% back on every pound of card spend — or convert to points for travel and gift cards.
Credit limits £1k–£250k
Limit set on application based on turnover and credit profile. Reviewed and raised over time.
Build business credit
Card history reports to commercial credit bureaus, helping you qualify for larger finance later.
Free employee cards
Add unlimited additional cards with individual spending limits and live notifications.
Accounting integrations
Syncs with Xero, QuickBooks and Sage. Every transaction lands in your books automatically.
Pros & cons
What we like
- Genuinely uncapped 1% cashback — no spend tiers, no caps
- No annual fee, ever
- Free additional employee cards with individual limits
- Fast soft-search decision (no impact on personal credit until you accept)
- High credit limits available — up to £250,000
- Trustpilot 4.7/5 from 10,000+ reviews
Worth knowing
- Minimum turnover requirement (~£24k/year) — not suitable for pre-revenue startups
- Representative APR around 35.45% variable — pay in full each month to avoid interest
- Personal guarantee required from the company director
- Cashback paid as a statement credit / points, not as cash to your bank
- No introductory 0% purchase or balance-transfer period
Editor's verdict
After 18 months of putting Capital on Tap through its paces across three of our own businesses — a digital agency, an e-commerce side hustle and a SaaS — it's the card we keep coming back to. The proposition is unusually clean for UK SME finance: a real Visa Business card, 1% back on everything, no annual fee, and a credit limit that scales with your turnover rather than sitting frozen at £5,000 forever.
When you apply using our Capital on Tap promo code SETTINGUP, you get a 7,500-point head start. The 1% cashback isn't life-changing on its own, but stacked against any normal business debit card it's free money. The real win is the operating system around the card: live transaction notifications, free employee cards with individual limits, automatic Xero and QuickBooks sync, and the ability to issue a virtual card in seconds for a one-off ad spend or SaaS trial.
Where it stops short: it's a credit card, not a banking replacement, and the representative APR (~35.45%) means you absolutely must clear the balance in full every month. Treat it as a 30-day interest-free working-capital line and a cashback engine, and it's hard to beat in the UK market right now.
Who Capital on Tap is built for
Not every business needs a credit card — but if any of these sound like you, the 7,500-point bonus alone is worth opening one for.
Agencies & consultancies
Heavy software, ads and travel spend that needs to be tracked, reconciled and reclaimed. Free employee cards solve the 'whose card did we use for that Figma seat?' problem.
E-commerce sellers
Predictable monthly ad spend on Meta, Google and TikTok turns into £100s of cashback. Higher limits free up cash for inventory rather than tying it up in ad accounts.
SaaS & tech founders
Stack a Visa Business card under every SaaS subscription, AWS bill and contractor invoice. Use virtual cards to ringfence experimental spend per project.
Tradespeople & contractors
30 days of interest-free credit on materials means you can buy what the job needs before the client invoice clears.
Hospitality & retail
Bridge supplier payment gaps without dipping into a personal overdraft. The cashback effectively reduces your cost of goods sold.
Newer limited companies
Lower turnover thresholds than high-street business cards. The card reports to commercial bureaus, helping you build a credit file for future finance.
What real customers say
A snapshot of the themes that come up again and again across the 10,000+ Trustpilot reviews and our own reader feedback.
"Applied on Tuesday morning, had a £40k limit and the card in my Apple Wallet by Tuesday afternoon. Genuinely the fastest finance decision I've ever had in 12 years of running a business."
"We were getting £0 back from our high-street business debit card. Switched all our Meta and Google ad spend onto Capital on Tap and we're now collecting around £180 a month in cashback for doing nothing differently."
"Customer support is UK-based and actually answers the phone. After two years of being shuffled around an offshore call centre by our previous bank, this alone is worth the switch."
"The virtual card feature is brilliant for SaaS trials. I spin one up with a £10 limit, sign up to whatever I'm testing, and never worry about being silently billed £79 next month."
"I use the points to book flights for client meetings. 7,500 points basically covered a return EasyJet to Dublin straight after I signed up — felt like a free welcome gift."
"Honest warning: the APR is high if you don't clear the balance. Set up a full-balance Direct Debit on day one and it's effectively free money. Skip that step and it'll cost you."
Quotes are representative of recurring themes in public Trustpilot reviews and reader feedback. Names and identifying details omitted.
How much could you actually earn?
1% sounds small until you run it against typical UK SME spend. Here's what the welcome bonus plus 12 months of normal use is worth across different business sizes.
| Monthly card spend | Cashback / year | + welcome bonus | Year-one value |
|---|---|---|---|
| £2,000 | £240 | £75 | £315 |
| £5,000 | £600 | £75 | £675 |
| £10,000 | £1,200 | £75 | £1,275 |
| £25,000 | £3,000 | £75 | £3,075 |
Illustrative only. Assumes 1% cashback rate and balance cleared in full each month so no interest is charged.
How it compares
| Card | Rewards | Annual fee | Welcome bonus |
|---|---|---|---|
| Capital on Tap | 1% uncapped cashback or points | £0 | 7,500 pts (~£75) |
| Amex Business Gold | 1 pt per £1 (Membership Rewards) | £195 (waived year 1) | 20,000 pts (T&Cs apply) |
| Barclaycard Select Cashback | 1% cashback (capped) | £0 | None |
| Metro Bank Business Credit Card | None | £0 | None |
Comparison reflects publicly available terms at time of writing — always check the provider's site for current details.
Eligibility
- UK-registered business (sole trader, partnership or limited company)
- Company director is a UK resident, aged 18+
- Business has at least ~£24,000 annual turnover (or projected)
- Trading for at least a few months (newer businesses considered case-by-case)
- Director willing to provide a personal guarantee
How to claim your 7,500 points
- 1Click the button to open the Capital on Tap application
- 2Enter code SETTINGUP in the promo field
- 3Complete your application (takes ~5 mins)
- 4Complete your first card transaction within 30 days
- 5Receive 7,500 bonus points (worth £75)
T&Cs apply. Get 7,500 points (worth £75) when you complete your first card transaction within 30 days of signing up. Subject to eligibility. Affiliate link.
Claim 7,500 points →Capital on Tap FAQ
Will applying hurt my credit score?
Capital on Tap uses a soft search to give you an initial decision, which doesn't affect your personal credit score. A full search is only run if you accept the offer.
How is the 7,500-point bonus paid?
Sign up with code SETTINGUP, complete your first card transaction within 30 days, and 7,500 points (worth around £75) are added to your rewards balance.
Can I get cashback instead of points?
Yes — Capital on Tap offers a Cashback Card variant that pays 1% directly as a statement credit rather than as points.
Is a personal guarantee required?
Yes — like most UK SME credit cards, a personal guarantee from the company director is required.
What if I miss a payment?
Interest accrues at the representative APR (~35.45% variable). Always set a Direct Debit for the full balance to avoid interest charges.
Tide Business Bank — £200 free
Most readers open Tide alongside Capital on Tap. Read our full review.