Capital on Tap review: Free vs Pro, eligibility and rewards
Capital on Tap is a UK business credit-card option for eligible incorporated businesses. This review explains its Free and Pro plans, published eligibility, reward conversions and the trade-offs before applying.
Last verified: 24 August 2026. Product terms and rates can change; official provider information takes priority.
At a glance
| Free plan | £0/year, no FX fee, 1% cashback on card spend and 10 points = 8 Avios. |
|---|---|
| Pro plan | £299/year, no FX fee, 1.25% cashback on eligible preloaded spending and 1 point = 1 Avios. |
| Credit limit | Published limit up to £250,000; individual decisions vary. |
| Interest-free period | Up to 42 days, subject to the agreement and repayment terms. |
| Published eligibility | Active UK-registered Ltd, LLP or PLC; sole traders are not eligible. |
| Application requirements | Business bank account and personal guarantee required. Applicants are asked for their average monthly business turnover; Capital on Tap assesses eligibility and credit individually. |
Eligibility: check this first
Do not apply simply because a reward is advertised. If you cannot comfortably repay a credit balance, the interest cost may exceed any points or cashback value.
Free vs Pro: the material differences
Free is the no-annual-fee option, with 1% cashback and no foreign-exchange fee. It converts rewards at 10 points = 8 Avios. Pro costs £299 annually and adds travel benefits plus 1.25% cashback on eligible preloaded spending; its Avios conversion is 1 point = 1 Avios. Neither plan charges an FX fee according to the published product page.
A useful worked cost comparison is to start with the certain cost: Pro’s £299 annual fee. Then estimate only the eligible preloaded spend or travel benefits you genuinely expect to use. Do not assume that a paid plan is automatically better for a particular business type; the outcome depends on actual spend, redemption preferences and whether you use the included benefits.
Rewards and borrowing costs
One reward point is earned for each eligible £1 of card spend. Cashback can offer a clear benchmark, but Avios value depends on plan tier and redemption. The provider’s published rate means 7,500 Free-plan points would be 6,000 Avios, while the same points on Pro would be 7,500 Avios. Interest, late charges or unnecessary spend can easily outweigh the value of either.
Is it a good fit?
It may suit an eligible incorporated business that wants employee-card controls, a potential credit line and a simple cashback or travel-rewards route. It is not suitable for sole traders, businesses without a settlement bank account, or any business that would use revolving credit to defer costs it cannot repay. See our Tide versus Capital on Tap comparison if you are deciding between a business account and a business credit card.
Sources and review record
Last reviewed: 24 August 2026. Provider pages are authoritative for application decisions.
- Capital on Tap business credit card: fees, limits and eligibility
- Capital on Tap rewards and Free/Pro Avios conversion rates
- Capital on Tap rewards terms
FAQs
James has written about UK consumer and business credit since 2014, including reviews of Capital on Tap, Amex Business and Barclaycard Select. He focuses on APR, fees and real-world reward value.
- Former personal finance reporter
- Specialises in UK business credit cards & APR