Capital on Tap Business Credit Card Review

A business credit card can make everyday spending more rewarding — but the rewards only help if the card's credit, fees and repayment terms suit the way your company actually operates.

Enter Capital on Tap — a UK business credit-card option built around cashback, employee-card controls and a potential credit line. But is it right for you? To help you make an informed decision, we've written this review on Capital on Tap's features, fees, rewards, eligibility and overseas use.

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⚠️ *0.5% cashback is available on eligible UK Wise Business card transactions. Exclusions (including cash, gambling, investments, and tax payments), minimum transaction limits, and spending caps apply. Rate subject to change. See full cashback terms and conditions for details.

Wise Business offers a free Essential plan for basic spending and transferring. If you need to receive money, set up direct debits, or generate invoices, you'll pay a one-time £50 setup fee to unlock the Advanced features.

Quick verdict: is Capital on Tap worth it?

Capital on Tap may suit a UK company that wants a business credit card with cashback, employee-card controls and short-term payment flexibility — particularly if it can repay the balance in full and on time.

It may be less suitable if you need long-term business finance, have erratic cash flow or mainly want a way to manage overseas spend without borrowing. In those situations, compare the total cost, repayment risk and foreign-currency treatment rather than focusing only on cashback.

Capital on Tap Business Credit Card at a glance

Capital on Tap Business Credit Card features

According to Capital on Tap, its card combines a credit line with expense-management tools, including unlimited employee cards, individual spending limits, real-time alerts, the ability to block ATM use and card-freeze controls.¹

The provider also describes accounting integrations with Sage, Xero, QuickBooks and FreeAgent.¹ This may be useful if you want card transactions to flow into your bookkeeping setup, although you should check that the integration works with your current plan and workflow.

Cashback and reward redemptions

According to Capital on Tap's cashback page, the card earns 1% cashback on card purchases, while Pro customers can earn 1.25% on purchases made using preloaded funds.²

Capital on Tap lists redemption options including cash, a lower card balance, gift cards, Avios and Virgin Points.² Rewards are more valuable when you don't carry an interest-bearing balance that costs more than the cashback earns.

Credit, repayment and interest-free spending

This is a credit product, so the repayment mechanics matter as much as the rewards. Capital on Tap advertises up to 42 days' interest-free card spending when you pay the balance in full and on time.¹ If you carry a balance, the actual variable rate offered and your repayment behaviour can determine the real cost.

Capital on Tap fees and rewards

Capital on Tap eligibility and application

Capital on Tap's public pages state that business-credit-card applications are subject to eligibility and involve personal and business credit checks.³ The provider also states that a personal guarantee is required for its Business Credit Card.³

Before applying, check your business type, the identity and business information you will need, your likely repayment capacity and the personal guarantee. Capital on Tap lists information such as the legal business name, address, type of business and monthly turnover as application details.³

If you're approved, Capital on Tap states that most applicants receive an instant credit decision and can access a virtual card.³ Your individual result, credit limit and APR can differ.

Using Capital on Tap abroad

Capital on Tap advertises that its Business Credit Card can be used abroad without a foreign-transaction fee or added charges above the base exchange rate.³ That can be useful for overseas business travel, subscriptions and supplier payments.

Even so, it's worth checking the exchange-rate treatment and the total sterling cost before making a large payment. A card without a separate FX fee isn't necessarily the same as a payment route that converts at the mid-market rate.

Use the Wise Business debit card alongside your chosen business credit card

💡 A business credit card can be useful for rewards or cash-flow flexibility. If you're looking for a debit card to use alongside it, the Wise Business debit card can be a practical option.

You can spend in 40+ currencies across 150+ countries, convert at the mid-market exchange rate with low, transparent fees, and give your team expense cards with spending controls.

Wise Business offers a free Essential plan for basic spending and transferring. If you need to receive money, set up direct debits, or generate invoices, you'll pay a one-time £50 setup fee to unlock the Advanced features.

With Wise Business, you can:

• 🌍 Send money to 70+ countries and pay overseas invoices at the mid-market exchange rate with low, transparent fees and no hidden exchange rate markups (product availability varies by region)
• 📥 Receive payments in 24 currencies and counting
• 💵 Get local account details for 8+ currencies, including USD and EUR, to let your customers pay in a currency they know and trust - convenience for them and peace of mind for you
• 💰 Hold money in 40+ currencies
• 🔁 Convert currencies anytime at the mid-market exchange rate with low, transparent fees
• ⚡ Use the batch payments tool to create and send up to 1,000 payments in a single transfer
• 👥 Run payroll and make international payments for up to 1,000 employees all over the world - including paying suppliers using local payment methods like ACH, SEPA, and Faster Payments
• 💳 Get business debit cards with 0.5% cashback for you and your team to keep track of team expenses and spend all over the world, with real-time visibility and categorisation. See full cashback terms and conditions
• 🏢 Manage cash in 55+ currencies across international offices from a single business account and move money between business accounts in seconds (exact speeds can vary depending on individual circumstances and may not be the same for all transactions)
• 🧾 Connect and sync every business transaction to your favourite accounting software, including Xero, Quickbooks, and more
• 🔐 Create your own payment approvals process to manage your team better with customised access for different team members, roles and permissions
• 📑 Create custom professional invoices and schedule invoice payments for future dates
• 📈 Earn variable returns on GBP, USD and EUR with Wise Interest (Capital at risk, growth not guaranteed. Your money is at risk if governments default or interest rates go negative. Rates vary by country and currency. Rates are variable. Visit Wise Interest to find out more)
• 🔗 Create payment links and QR codes to get paid easily (Card payment acceptance for new Wise Business customers is currently unavailable. Payment methods subject to eligibility and availability.)
• ⚙️ Automate payouts with the Wise API (comes with 24/7 customer support, a sandbox account to test integrations, API tokens, and clear documents on how to implement and make the most of our API)

Make the wise choice when selecting a business account for your domestic and global needs.

Be Smart, Get Wise.

Register for Wise Business ✍️

**Investments are not guaranteed, and your capital is at risk.

Wise is an Electronic Money Institution (EMI), so features like Interest and Stocks may be covered by the Financial Services Compensation Scheme (FSCS). For standard cash balances, we safeguard your funds to meet regulatory obligations.

In the UK, Interest and Stocks are provided by Wise Assets, the trading name of Wise Assets UK Ltd, which is authorised and regulated by the Financial Conduct Authority (FCA number 839689).

We do not provide investment advice, and taxes may apply. If unsure, seek qualified financial advice. Full fund information is available on our website.

FAQs

Is Capital on Tap a bank?

Capital on Tap's card is a business credit-card product rather than a business bank account. Check the provider's current terms, regulatory information and product documents for the exact legal entity and protections that apply.

Can sole traders get Capital on Tap?

Check Capital on Tap's current eligibility requirements before applying. The provider's application page notes that eligibility checks apply, and acceptance depends on its assessment.³

What credit limit can I get?

Capital on Tap advertises practical credit limits of up to £250,000, but your offer depends on eligibility and underwriting.¹

Does Capital on Tap charge foreign transaction fees?

Capital on Tap advertises no foreign-exchange fee for its Business Credit Card.¹ Check the live terms and exchange-rate treatment for the particular transaction before you pay.

Sources:

Sources last checked on 21st July 2026