Capital on Tap Review: Is It Worth It in 2026?
A no-nonsense review of the Capital on Tap Business Credit Card — fees, eligibility, cashback, pros, cons and the alternatives worth considering.
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At a Glance
Capital on Tap is one of the UK's largest providers of business credit cards, trusted by 200,000+ SMEs. Its flagship card offers 1% unlimited cashback, limits up to £250,000, and zero foreign exchange fees — all with a 2-minute application and no annual fee.
Pros & Cons
What we like
- Unlimited 1% cashback on all card spending, redeemable as cash, Avios, Virgin Points, or gift cards
- Credit limits up to £250,000 — among the highest available to UK SMEs
- Decision in 2 minutes with a soft credit check that won't affect your score
- No annual fee, no foreign exchange fees, no ATM withdrawal fees
- Free unlimited additional cards for staff, each with custom spend limits
- Auto-sync with Xero, Sage, QuickBooks and FreeAgent
- Rated 'Excellent' on Trustpilot — 4.7/5 from 17,000+ reviews
Watch-outs
- Only available to UK limited companies and LLPs — sole traders cannot apply
- Representative APR 30.94% (variable) — expensive if you carry a balance month-to-month
- Cashback is 1% flat — some Amex cards offer higher rates in specific categories
- No physical metal card option (Visa plastic only)
Capital on Tap Fees
A full breakdown of charges. There are no hidden fees — what you see below is what you pay.
| Annual fee | £0 |
| Monthly fee | £0 |
| Foreign exchange fee | 0% |
| ATM withdrawal fee | £0 |
| Representative APR | 30.94% (variable) |
| Rates from | 13.86% APR |
| Interest-free days | Up to 42 |
| Additional cards | Free, unlimited |
Eligibility & Requirements
Who can actually get approved.
- UK-registered limited company or LLP
- Trading for at least 4 months (in most cases)
- Director must be a UK resident aged 18+
- No minimum turnover requirement
- Good business and personal credit history helps secure higher limits
Who Is Capital on Tap Best For?
Capital on Tap is best suited to UK limited companies and LLPs that pay off their balance in full each month and want simple, uncapped 1% cashback without an annual fee. The card is particularly strong for:
- High-spending SMEs — the £250K limit dwarfs most competitors.
- Businesses with international spend — 0% FX fees beat almost every UK rival.
- Teams that need multiple cards — unlimited additional cards with individual limits, all free.
- Founders who hate paperwork — 2-minute decision, soft credit check, online application.
It's less suitable if you're a sole trader (you can't apply), if you carry a balance month to month (30.94% APR is steep), or if you spend heavily in one category where an Amex would earn more.
Our Verdict: 4.6 / 5
For UK limited companies that clear their balance monthly, the Capital on Tap card is one of the strongest all-round business credit cards on the market. The combination of no annual fee, 0% FX, high limits and unlimited 1% cashback is genuinely hard to beat — and the 2-minute application removes the usual friction. If you fit the eligibility, it's an easy recommendation.