Capital on Tap promo code SETTINGUP — get 7,500 bonus points
Apply through the approved link and use Capital on Tap promo code SETTINGUP to qualify for 7,500 bonus points, worth £75 when redeemed as cashback. Eligibility and promotion terms apply.
Offer snapshot
| Promo code | SETTINGUP |
|---|---|
| Bonus | 7,500 reward points |
| Cashback equivalent | £75 when redeemed as cashback. |
| Avios on Free | 10 points = 8 Avios; 7,500 points would convert to 6,000 Avios. |
| Avios on Pro | 1 point = 1 Avios; 7,500 points would convert to 7,500 Avios. |
| Qualifying deadline | Make a qualifying transaction within 30 days of activating the card. |
| Expected crediting period | The published Refer a Friend terms say the referred customer receives the bonus within one month of the first transaction. |
| Eligible business structures | An active UK Ltd, LLP or PLC listed as active on Companies House. Sole traders are not eligible. |
| Applicant requirements | The applicant must be a UK-resident active director or a majority shareholder owning 25% or more. No unsatisfied CCJs in the last 12 months. |
| Trading history and turnover | There is no minimum trading history. There is no minimum turnover. |
| Credit searches | At application, there is no visible hard search on the business credit file. A standard soft search is run on the personal file; it does not affect the personal credit score and is not visible to other lenders. A hard search of the business credit file happens later, only when the credit agreement is signed; it can then be visible to other lenders. |
| Application requirements | Business bank account and personal guarantee required. |
| Rates and fees | Rates from 13.86% APR (variable); the offered rate depends on personal and business circumstances. Free: £0/year; Pro: £299/year; 0% FX fee. |
| Official terms | Official Capital on Tap Refer a Friend terms |
Eligibility check before you apply
- Confirm that your business is an active UK-registered Ltd, LLP or PLC and is listed as active on Companies House — not a sole trade.
- Confirm that you are an active UK-resident director or a majority shareholder owning at least 25%, and that neither you nor the business has an unsatisfied CCJ in the previous 12 months.
- Businesses of any age can apply and there is no minimum turnover, so do not rule yourself out on either point alone.
- Ensure you have a business bank account for monthly card settlement.
- Read the offered rate and personal-guarantee commitment before accepting credit.
Credit searches: an important practical distinction
At application, there is no visible hard search on the business credit file. A standard soft search is run on the personal file; it does not affect the personal credit score and is not visible to other lenders. This removes a potential reason for an otherwise eligible business not to apply. However, A hard search of the business credit file happens later, only when the credit agreement is signed; it can then be visible to other lenders. Consider that later visibility before deciding whether to sign the agreement.
How to claim the 7,500-point offer
- Open the approved Capital on Tap application route and copy code SETTINGUP.
- Enter the code in the promo-code field before submitting the application.
- Complete the application, required checks and card activation.
- Make a qualifying transaction within 30 days of activating the card.
- Keep evidence of the application, code and qualifying transaction.
- Allow the period in the official terms for bonus points to be credited.
Deadline versus crediting date
These are different dates. The qualifying deadline is 30 days after card activation. The crediting period is separate: the published Refer a Friend terms say the referred customer receives the bonus within one month of the first transaction. A partner-specific offer may set different dated terms, so check the official terms before applying.
Fees, rewards and responsible use
The Free plan has a £0 annual fee and no FX fee. Pro costs £299 per year and offers 1.25% cashback on eligible preloaded spending. The standard reward conversion is 10 points to 8 Avios on Free and 1 point to 1 Avios on Pro. Capital on Tap publishes credit limits of up to £250,000 and an interest-free period of up to 42 days; the actual limit and rate are individual.
If points are missing
First check that the code was entered, the transaction met the terms and was made within 30 days of card activation. Keep screenshots, transaction evidence and the application confirmation. If the published crediting period has passed, contact Capital on Tap through its official support route and then let us know of a material terms change via our contact page.
Sources and change log
Last reviewed: 2026-09-18. We use the provider’s card page, reward materials and official Refer a Friend terms. Provider terms can change; the provider source is authoritative at application.
- Official Capital on Tap source
- Official Capital on Tap source
- Official Capital on Tap source
- Official Capital on Tap source
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