Capital on Tap Promo Code: Get £75 FREE (August 2026)

Looking for a Capital on Tap promo code that actually works? You’re in the right place.

I’ve been using the Capital on Tap Business Credit Card for my SEO agency, glidemarketing.co.uk, and it’s genuinely one of the best financial tools I’ve added to my business.

Quick answer: My Capital on Tap promo code is 2REFM287Z71. Enter it when you apply (or use my referral link) and you get 7,500 reward points, worth £75, after your first card transaction within 30 days of approval. There is no minimum spend on that first purchase. The same code works as both a promo code and a referral code. You need a UK limited company registered at Companies House to apply, and a personal guarantee is required.

Use my promo code below to get 7,500 bonus points (worth £75) when you make your first transaction.

🎁 My Capital on Tap Promo Code

2REFM287Z71

👉 Click here to apply with the bonus already applied

Make your first transaction within 30 days to receive your £75 bonus.

Capital on Tap referral code explained

People search for both a "Capital on Tap promo code" and a "Capital on Tap referral code". Here they are the same thing. My code 2REFM287Z71 is my personal referral code, and you type it into the promo code field on the application form.

Here is what both sides get under the current refer-a-friend terms, confirmed August 2026:

• You get 7,500 points, worth £75, after your first card transaction within 30 days of approval.
• I get a matching referral reward as the existing cardholder. That is how I keep this page updated and tested rather than guessing.
• No minimum spend. A single £1 purchase inside the 30 days qualifies.

You can read the full rules on the official Capital on Tap refer-a-friend terms page.

What is Capital on Tap?

Capital on Tap is a business credit card for UK companies registered at Companies House. Unlike traditional bank cards that take weeks to approve, Capital on Tap can approve you in minutes and get a card in your hands within days.

Key features:

• Credit limits up to £250,000 - set individually and subject to status
• 1% cashback or rewards points on all spending
• Free to hold - the free card has no annual fee
• Accepted worldwide - it’s a Visa card
• Real-time spending notifications via the app
• Integrates with accounting software (Xero, QuickBooks, FreeAgent)
• Virtual cards for online spending and subscriptions

Two things to know before you apply. A personal guarantee is required, so if the business cannot repay the balance you are personally liable for it. And they lend to registered companies only, so if you trade as a sole trader you cannot apply.

Who is Capital on Tap For?

• Limited company directors looking for a proper business credit card
• Small business owners who want to separate personal and business spending
• Newly incorporated companies - there is no minimum trading history, so a company registered last month can apply
• Agencies and consultants who have variable income months
• Anyone who’s been rejected by traditional banks - Capital on Tap is more flexible

I run a small SEO agency and the card has been perfect for managing software subscriptions, ad spend, and general business expenses. The rewards stack up quickly when you’re putting regular spend through it.

How to Apply Using My Promo Code

1. Click my referral link: cashback.capitalontap.com/referral
2. Or enter the promo code manually: 2REFM287Z71 during signup. The field is labelled "Promo code" on step 3 of the application form, just below the business address fields. If you don't see it, refresh the page, Capital on Tap occasionally A/B tests where the field sits.
3. Complete your application - you’ll need your business details and Companies House number (if applicable)
4. Get approved - most decisions are instant
5. Receive your card - usually arrives within 2-5 business days
6. Make your first transaction within 30 days
7. Receive 7,500 points (£75) credited to your account

Eligibility Criteria

You can apply for Capital on Tap if you:

• Run a UK limited company registered at Companies House and listed as active. Sole traders are not eligible and cannot complete an application.
• Are an active director, or hold 25% or more of the shares.
• Are a UK resident aged 18 or over.
• Have a UK business bank account.

Capital on Tap will typically approve applicants with:

• No unsatisfied CCJs against you or the business in the last 12 months.
• A business that is actively trading rather than dormant. There is no minimum trading history, so a company registered last month can apply.
• A business outside their restricted sectors, which include gambling, cryptocurrency and some financial services.

A personal guarantee is required. That means if the business cannot repay the balance, you are personally liable for it. Capital on Tap do not enforce one in every case, but you should apply on the basis that you will be asked for one.

What happens to your credit file

This is the part most pages get wrong, so here it is precisely.

Capital on Tap run a soft search on your personal credit file when you apply. A soft search is visible only to you and has no impact on your personal credit score, even if you are declined. Other lenders cannot see it.

If you are approved and sign the agreement, a hard search is recorded against your business credit file. Capital on Tap do not place a hard search on your personal credit file at any point.

That distinction matters. It means checking whether you qualify costs you nothing personally, which is not true of most high-street business cards.

Capital on Tap Free vs Pro Card

Both cards earn the same 1% cashback and charge no foreign exchange fees, so the £299 Pro card does not pay for itself on rewards. It is a travel-and-perks upgrade: it only wins if you (a) fly often enough to use the airport lounges, or (b) collect Avios seriously and want the 1:1 rate rather than 10 points = 8 Avios.

My Honest Experience Using Capital on Tap

I’ve had my Capital on Tap card for over a year now, and here’s what I’ve found:

What I love:

• The app is genuinely good - instant notifications, easy to track spending
• My own credit limit increased as I used the card, though limits are set case by case so yours may not
• Virtual cards are great for managing different subscriptions
• Customer service has been responsive when I’ve needed them
• No awkward conversations with bank managers

What could be better:

• Interest rates are higher than some traditional cards (but you shouldn’t be carrying a balance anyway)
• A personal guarantee is required, so you are personally liable if the business cannot repay the balance

Overall, it’s become an essential part of how I run Glide Marketing. The separation of business and personal spending alone makes it worthwhile. If you want the detail, I wrote a full 12-month Capital on Tap review, and I ranked it against the alternatives in my best UK business credit cards guide.

Capital on Tap vs Other Business Cards

Here is how Capital on Tap stacks up against the three alternatives I get asked about most: Tide, Amex Business Gold, and Barclaycard Business.

The verdict: Capital on Tap wins on approval speed, credit limit ceiling, and accounting integrations for most UK SMEs. Amex Business Gold wins on rewards value for high spenders with a travel focus, once you clear the £195 annual fee. Barclaycard suits businesses already banking with Barclays who want a traditional credit relationship. Tide is a current account rather than a credit card, so it solves a different problem entirely.

Capital on Tap Pros and Cons

Pros

• No annual fee on the free card, so there is nothing to earn back before you see a profit
• Fast approval, usually minutes online rather than days waiting for a bank manager
• High credit limits up to £250,000, set individually and subject to status
• 1% cashback or points on every purchase with no category exclusions or minimum spend thresholds
• Accounting integrations out of the box with Xero, QuickBooks, and FreeAgent, which saves manual reconciliation
• Virtual cards so you can assign separate cards to different subscriptions and track spend in real time
• Soft search on your personal credit file at application, with no impact on your personal credit score even if you are declined
• No minimum trading history, so a newly incorporated company can apply
• Worldwide Visa acceptance including anywhere that takes contactless
• Real-time spending notifications and receipt capture via the app
• FCA authorised lender (firm reference number 625592), not an unregulated fintech product

Cons

• A personal guarantee is required. If the business cannot repay the balance, you are personally liable for it. This is the single most important thing to understand before you apply.
• Registered companies only. Sole traders are not eligible, which rules out a large share of UK small businesses.
• No Section 75. Business cards used for business purposes fall outside the Consumer Credit Act 1974, so the statutory protection you get on a personal card does not apply here. Visa chargeback is still available.
• Higher interest rate than traditional bank credit cards. The representative APR is 34.96% variable. Pay the balance in full each month to avoid interest charges eating any cashback you earn.
• Not a bank account. You still need a separate business current account. Capital on Tap is a credit card only.

Who Should Skip Capital on Tap?

Capital on Tap works well for most UK small businesses, but it is not right for everyone.

Skip it if you regularly carry a balance. The 34.96% representative APR will cost you far more in interest than you earn in 1% cashback. If you cannot clear the balance most months, look for a 0% purchase card or a low-interest business loan instead.

Skip the Pro card if you rarely travel. The £299-a-year Pro card earns the same 1% cashback as the free card, so its value depends entirely on using the airport lounges and the 1:1 Avios rate. If you do not fly often, the free card gives you the same rewards with no foreign exchange fees and no annual cost.

Skip it if you are a sole trader. You cannot apply at all. Capital on Tap only lend to UK limited companies registered at Companies House. Your options are a card that accepts unincorporated businesses, such as Barclaycard Business, or incorporating first. I have covered both in can sole traders get a UK business credit card.

Skip it if a personal guarantee is a dealbreaker. One is required. If you specifically want business credit with no personal liability attached, this is not the product for you, and to be blunt, very few UK small business cards are.

For UK limited company directors who pay off in full each month, Capital on Tap is one of the strongest free business credit cards available right now.

Frequently Asked Questions

What is the Capital on Tap promo code for August 2026?

My current code is 2REFM287Z71. It is valid for new UK business customers and gives you 7,500 points (worth £75) after your first card transaction within 30 days of approval. There is no minimum spend on that first purchase. I verified the code against Capital on Tap’s refer-a-friend terms in August 2026.

Is the Capital on Tap promo code the same as a referral code?

Yes. The two terms describe the same thing. Capital on Tap calls it a “Promo Code” on the application form, but it functions exactly like a referral code. My code 2REFM287Z71 is linked to my account. It gives you the £75 sign-up bonus and gives me a matching referral reward. Both sides benefit from the same transaction.

How long until I get my £75 Capital on Tap bonus?

You receive 7,500 points (£75 cash equivalent) within 30 days of your first card transaction. The transaction can be any amount. A £1 coffee qualifies just as well as a £500 supplier payment. Points appear in your Capital on Tap rewards dashboard and can be redeemed as cashback, statement credit, or gift cards.

Does applying for Capital on Tap affect my credit score?

No, not your personal one. Capital on Tap run a soft search on your personal credit file when you apply. A soft search is visible only to you, leaves no mark, and has no impact on your personal credit score, even if you are declined.

If you are approved and sign the agreement, a hard search is recorded against your business credit file. Capital on Tap do not place a hard search on your personal credit file at any stage.

Do Capital on Tap require a personal guarantee?

Yes. A personal guarantee is required. It means that if the business cannot repay the balance, you are personally liable for it as the director or shareholder who signed.

They do not enforce one in every single case, but you should apply on the basis that you will be asked for one. Anyone telling you this card comes with no personal liability is wrong, and that includes an earlier version of this page.

Can I get Capital on Tap as a sole trader?

No. Capital on Tap only lend to UK limited companies registered at Companies House, so sole traders are not eligible and cannot complete an application.

If you trade as a sole trader you have two routes: apply for a card that accepts unincorporated businesses, such as Barclaycard Business, or incorporate and then apply. I have written both up in can sole traders get a UK business credit card.

Is Capital on Tap regulated and safe to use?

Yes. Capital on Tap is a trading name of New Wave Capital Limited (company number 07959823), authorised and regulated by the Financial Conduct Authority under firm reference number 625592 for consumer credit activities, and authorised under the Electronic Money Regulations 2011 (firm reference number 900922) for issuing electronic money. You can check both on the FCA Register.

One thing worth being clear about: business credit cards used for business purposes are not regulated by the Consumer Credit Act 1974, so Section 75 protection does not apply. That is normal for business cards and is not a knock on Capital on Tap, but it does mean you should not assume you have the same statutory cover you would get on a personal credit card. Visa chargeback is still available.

Should I get the free card or the Pro card?

For most UK small businesses, the free card is the better choice. Both cards earn the same 1% cashback and charge no foreign exchange fees, so the £299-a-year Pro card only makes sense if you fly regularly and will use its unlimited airport lounge access, or if you collect Avios seriously and want the 1 point = 1 Avios rate rather than the free card's 10 points = 8 Avios. If you are unsure, start on the free card. You can upgrade later.

What credit limit will I get with Capital on Tap?

Credit limits go up to £250,000. Your limit is set individually and is subject to status, based on your business turnover, trading history and credit profile.

Ready to Get Your £75 Bonus?

Use my promo code to get 7,500 points (£75) free:

2REFM287Z71

👉 Apply for Capital on Tap now

If you have any questions about Capital on Tap or want to know more about my experience, feel free to reach out.

Looking for more ways to manage your business finances? Check out my other referral guides:

• Tide, £100 free with a UK business banking account
• Monzo Bank, get up to £50 free with the UK’s best digital bank
• Wise, save on international transfers with real exchange rates
• Revolut, earn up to £200 with fee-free spending abroad
• Capital on Tap Review, my full 12-month review of the card
• Capital on Tap Rewards Explained, how the points and cashback actually work
• Best UK Business Credit Cards 2026, how it compares to the other business cards

Mike McDonnell, Founder of Glide Marketing