Capital On Tap Review

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Capital On Tap: The credit card credit that’s built for businesses.

Capital On Tap Credit Card floating in the air

Introduction: Why use a business credit card?

Before we review the Capital on Tap credit card we just want to touch on why you might want to consider a business credit card. Business credit cards come with great perks that are exclusive to business owners. With the offer of higher credit limits and business benefits utilising a credit card can work to help businesses provide the space to grow.  It is a great way to keep track of business expenses and accurate bookkeeping for your business.

Product: Capital on Tap

Capital on Tap is an online Business credit card and loan provider. With over 120,000 British businesses spending over £2 billion according to their website. The capital on Tap Business card claims to offer a streamline processes, rewards and benefits for its customers. In addition to a clear and easy user interface to help you manage and navigate your expenses. 

You fit the criteria for a Capital On Tap Business Credit Card if: 

  • Your business turnover is at least £2,000 per month
  • There are no unsatisfied CCJs against you or your business in the last 12 months
  • Your business is active on Companies House
  • Your business is registered as a private limited company (Ltd) or limited liability partnership (LLP)

Business & Rewards Card Advantages

Two types of cards available for businesses, the Business Credit Card and Rewards Card.

The Rewards Card offers:

  • Credit Facility of up to 100k 
  • Uncapped 1% cashback on card spending
  • Exclusive offers like savings at Microsoft, Hertz, Zoom, and more
  • Redeem points against your balance, for cash, or for discounted gift cards
  • Redeem points for Avios
  • 10,000 bonus points when you spend £5,000 in your first 3 months

The Business Credit Card offers:

  • Credit facility of up to £100,000
  • Up to 56 days interest-free on card purchases
  • No FX or ATM charges
  • Up to 10 free supplementary cards for other members of your team
  • Earn 1 point for every £1 of card spend
  • Redeem 1 point for 1p (1% cashback)
  • No annual fee or sign-up fee

Capital On Top Disadvantages

  • Not all features are free.
  • The option to redeem Avios points is only available to Business Reward customers
    • Does not offer complete banking solutions for a business

Alternatives to Capital on Tap Business Credit Card

Its also great to mention there are other alternatives out there for business credit cards, here are a few.