Signing up for a Capital On Tap business credit card is quick and straightforward. Start by visiting their website and clicking ‘APPLY’. Fill out the online form with your business and personal details. The process takes a few minutes, and you’ll typically get a decision in about two minutes. To get a £75 bonus, enter promo code 2REFF362E24 when applying and complete your first qualifying transaction within 30 days. Make sure your business meets the eligibility criteria: UK registration, minimum £24,000 turnover, and at least 12 months of trading. There’s plenty more to uncover if you keep reading.
Key Takeaways
- Visit the Capital On Tap website and click ‘APPLY’ to start the online application process.
- Provide essential business and personal information accurately to ensure a quick processing time.
- Enter promo code 2REFF362E24 during application to secure a £75 sign-up bonus.
- Complete your first qualifying transaction within 30 days to receive the £75 bonus.
Overview of Capital on Tap
Capital On Tap is a UK-based fintech company that provides high-limit business credit cards tailored for small and medium enterprises (SMEs). If you’re running an SME, you know how crucial managing cash flow is, and that’s where Capital On Tap steps in to help. They offer business credit cards designed to support your financial needs, offering credit limits of up to £250,000.
One of the standout features is the unlimited 1% cashback on all purchases, which can significantly benefit your bottom line. Plus, there are no annual fees for the standard card, making it a cost-effective option for your business. To be eligible, your business must be a registered limited company in the UK, have at least 12 months of trading history, and a minimum annual turnover of £24,000.
Applying is straightforward and quick, taking just about 2 minutes for an initial decision. The process includes a soft credit check, so your credit score won’t be impacted. Moreover, Capital On Tap offers 24/7 customer support, ensuring you can get assistance whenever you need it. This makes managing your business finances not just easier, but more efficient as well.
Key Benefits and Rewards
With Capital On Tap’s business credit card, you’ll enjoy unlimited 1% cashback on all your business spending, offering a straightforward way to save on everyday expenses. This cashback can significantly reduce your overall business costs, making it easier to manage your finances.
The rewards program with Capital On Tap is flexible and beneficial. You can redeem your points for cashback, gift cards, or travel rewards, allowing you to choose what’s most valuable for your business needs. Plus, there’s no annual fee for the standard card, making it a cost-effective choice for small and medium enterprises.
To sweeten the deal, you can earn a free £75 bonus after your first transaction by using the promo code 2REFF362E24 when you sign up. This immediate reward can give your business a quick financial boost.
For those looking to maximise their rewards, the Business Rewards card offers enhanced benefits, including bonus points within the first three months of use. This means you can earn even more points early on, enhancing your earning potential right from the start.
Here’s a quick recap of the key benefits:
- Unlimited 1% cashback on all business spending.
- Flexible reward redemption options.
- No annual fee for the standard card.
- £75 bonus with Capita on tap promo code 2REFF362E24.
Signup Process Steps
To get started with your Capital On Tap business credit card and enjoy its benefits, follow these simple signup steps.
First, visit the Capital On Tap website and click the ‘APPLY’ button to access the online application form. This is where you’ll provide essential business details like your registration information and financial turnover. You’ll also need to enter personal details as the business owner.
Next, ensure that all information is accurate and complete. The application process is designed to be quick and straightforward, typically taking only a few minutes. Once you’ve filled out the form, submit it and wait for an initial decision, which usually arrives within approximately 2 minutes.
If your application is approved, you can start using a virtual card immediately, giving you instant access to funds. You don’t have to wait long for the physical card either—it will be delivered within two business days.
Using the Capital On Tap Promo Code
Don’t miss the opportunity to receive a £75 sign-up bonus by entering the promo code 2REFF362E24 during your online application for the Capital On Tap credit card. This sign-up bonus is a great way to kickstart your experience with extra value.
Here’s how you can make the most of this offer:
- Enter the Promo Code: Make sure to input the promo code 2REFF362E24 when prompted during your application. This step is crucial to ensure you receive the bonus.
- Make a Qualifying Transaction: After your card is activated, complete your first qualifying transaction within 30 days. This could be any purchase that meets the card’s terms.
- Receive the £75 Bonus: Once your first transaction is confirmed, the £75 bonus will be applied to your account, adding instant value to your new credit card.
- Act Quickly: The promo code is valid for a limited time, so don’t delay your application. Acting promptly ensures you won’t miss out on this exclusive offer.
Using the promo code not only secures the sign-up bonus but also enhances the overall value proposition of the Capital On Tap credit card for new users.
Take advantage of this opportunity to maximize your benefits.
Eligibility Criteria
Before applying for a Capital On Tap credit card, ensure your business meets the specific eligibility criteria.
First, your business must be registered as a limited company or LLP in the UK. If your business structure doesn’t fit this requirement, you won’t be able to proceed with the application.
Next, your business needs to have a minimum annual turnover of £24,000. This shows that your business has a stable income and can manage credit responsibly. Additionally, your business should have at least 12 months of trading history. This means you need to have been operating for at least a year to qualify for the card.
As a business owner, you must be an active director or hold a majority ownership of at least 25% in the company. This ensures that the person applying for the card has significant control and responsibility in the business.
Lastly, make sure neither you nor your business has had any County Court Judgements (CCJs) in the last 12 months. CCJs can negatively impact your creditworthiness, making you ineligible for the card.
Meeting these criteria is crucial for a successful Capital On Tap credit card application.
Business Credit Impact
Using the Capital On Tap card responsibly can significantly boost your business’s credit profile by showcasing reliable payment habits and effective credit management. When you make timely payments and manage your credit utilization smartly, you’re demonstrating financial responsibility, which can improve your business credit score.
Consider these four key benefits:
- Timely Payment Records: Consistent, on-time payments on your Capital On Tap card help build a strong payment history, crucial for a positive credit profile.
- Credit Utilisation Management: Keeping your credit utilization low and within recommended limits shows lenders you can manage credit responsibly.
- Soft Credit Check: The application process only involves a soft credit check, so your personal credit score remains unaffected if not approved.
- Better Financing Options: As your business creditworthiness improves, you can qualify for higher credit limits and more favorable loan terms from other financial institutions.
Customer Reviews
Customer reviews for Capital On Tap highlight the card’s impressive benefits and high satisfaction among users. With an average rating of 4.7 out of 5.0, it’s clear that most customers are pleased with what this business credit card offers.
One of the most frequently praised features is the unlimited 1% cashback on all business spending. This benefit helps businesses save more money while managing expenses.
Users also rave about the quick application process. Most applicants receive an approval decision within two minutes, making it convenient for busy business owners.
The card’s integration with accounting software like Xero is another standout feature that many reviews mention. This integration simplifies financial management, allowing you to keep track of your business finances effortlessly.
Another point of positive feedback is the high credit limits offered by Capital On Tap. These limits provide enhanced financial flexibility, which can be particularly beneficial for small businesses needing extra capital for growth and operations.
Referral Program
Capital On Tap’s referral program offers you a straightforward way to earn bonuses by introducing new applicants. If you’re already a cardholder, you can share your unique referral code with friends, colleagues, or anyone interested in applying for a Capital On Tap card. Here’s how it works:
- Share Your Code: Give your unique referral code to potential new applicants. For instance, you can use the promo code 2REFF362E24.
- New Applicant Usage: The new applicant enters the referral code during their application process. This ensures that both you and the new applicant will be eligible for the bonus.
- Earn Bonuses: When the new applicant’s application is approved and they complete their first transaction, both you and the new applicant receive a £75 bonus. This bonus is typically credited within 1-5 business days.
- Unlimited Referrals: There’s no cap on the number of people you can refer. The more people you introduce, the more bonuses you can earn.
This referral program not only rewards you, but it also encourages networking and growth among business owners. So go ahead, share your code, and start earning those bonuses!
Additional Information
For those considering applying, the signup process for Capital On Tap is quick and straightforward, often taking just a few minutes online.
To make the most of your application, don’t forget to use the promo code 2REFF362E24. This will secure you a £75 sign-up bonus, provided you complete your first transaction within 30 days.
Rest assured, the initial credit check is a soft inquiry, meaning it won’t impact your credit score. This is great news if you’re cautious about maintaining your credit rating.
Once you submit your application, most applicants—around 80%—receive an approval decision within two minutes. For the remaining 20%, full approval is typically granted within 24 hours.
Eligibility criteria are quite specific but straightforward. You need to be a UK-registered limited company with at least 12 months of trading history and a minimum annual turnover of £24,000. If you meet these requirements, your chances of approval are high.
Frequently Asked Questions
How Do I Activate Capital on My Tap Card?
To activate your Capital on Tap card, follow the instructions sent by mail after your application is approved.
You can also access your card details right away through the online portal and start using a virtual card.
Make sure to follow the activation link or instructions provided within the specified time frame.
If you run into any issues, Capital on Tap offers 24/7 UK-based customer support to help you out.
Is Capital on Tap 42 Days Interest Free?
Yes, Capital On Tap offers up to 56 days of interest-free credit on purchases as long as you make timely payments.
This interest-free period helps you manage your cash flow better by delaying payments without incurring interest.
Just ensure you adhere to the billing cycle and payment due dates to enjoy this benefit.
It’s a great feature for small businesses aiming to optimize their financial management and cut borrowing costs.
Is Capital on Tap Business Rewards Worth It?
Yes, the Capital on Tap Business Rewards card is worth it. You pay a £99 annual fee but gain numerous benefits like bonus points on spending, which is great if your business has high transaction volumes.
You earn 1 point per £1 spent and can quickly accumulate points for cash back, gift cards, or travel rewards.
Plus, the card offers integrated expense management tools and exclusive merchant discounts, enhancing its value.
How Does the Capital on Tap Work?
The Capital on Tap credit card works by providing your business with unlimited 1% cashback on all purchases, enhancing your rewards for everyday spending.
With high credit limits up to £250,000, it supports financial growth.
The application process is quick, taking under 2 minutes, and won’t impact your credit score.
Use the online portal and mobile app to manage spending and track expenses, plus enjoy fee-free foreign transactions.
Conclusion
Capital on Tap offers a straightforward signup process with excellent benefits like cashback rewards.
By using the promo code 2REFF362E24, you’ll get £75 free upon joining. Ensure you meet the eligibility criteria to take advantage of this offer.
Customers appreciate the positive impact on business credit and the generous referral program.
Overall, Capital on Tap is a valuable tool for managing business expenses efficiently and earning rewards.
Sign up today and start saving!
Go To The Get75free homepage for more details on this amazing offer here
Or go directly to Capital On Tap and sign up for the offer using a prepopulated Capital on Tap referral here