Which is the best Capital on Tap Promo Code?

Capital on Tap Promo Code

The best Capital on Tap promo code is: 2REFC237G71 you automatically get £75 credited to your account when you join, and here we offer a potential for a further £25 making £100 of Free Money.

Apply for a Capital on Tap business credit card using this code, 2REFC237G71 and it’s free to apply, only a soft credit check will be done and you can earn 1% uncapped cashback on all purchases.

This promo code is totally genuine, I’ve used it, so I know it works. I got the £75 when I joined Capital on Tap and so did my brother and two other friends I’ve referred.

The £75 is classed as a “Goodwill Referral”. In simple terms, it’s a sign up or welcome bonus. (You can see evidence of this, inside my account below)

Read below for details of how you could get, an additional £25 making £100 altogether.

Table of Contents

Capital on Tap Promo Code for 2024

Valid for new applications in throughout 2024.

If you apply and are accepted for the Capital on Tap (CoT) business credit card using the referral code 2REFC237G71 then soon after you’ve used your new card for the first time, they will credit your account with a £75 welcome bonus!

Once the £75 has been credited to your account you can either use the card to effectively spend the free money or just withdraw the cash to your business bank account.

Visit the Capital on Tap Website here. (Don’t forget to use the code)

Or go straight to the online application form here: www.capitalontap.com promo code. (The promo code will be pre-populated on the form if you use this link)

Is Capital on Tap any good? (Quick Review)

Yes it is one of the best business cards available in my opinion, and you can get £75 in cash added to your account when you sign up if you use Promo Code: 2REFC237G71

Uncapped 1% cashback, so you can earn rewards points on all spending which you can redeem for cash or gift cards.

Apr Rates as low as 14.7% (variable), up to 56 days interest free on card spending, with no annual fee.

Credit Limits as much as £250,000 and only a soft credit check. Online application takes 2 minutes and get an instant decison.

Follow the link and use Promo Code 2REFC237G71 Application Form

My Capital on Tap Review (Longer Answer)

Briefly, these are the main reasons I like the card.

I opted for the “Standard” card, mainly because it’s FREE to apply for and I got a £75 welcome bonus with the promo code. 2REFC237G71

Capital on Tap Promo Code
CoT Business Credit Card

There are no application fees, and there are no monthly or annual account charges, and no transaction charges. They don’t charge FX or cash machine charges either.

So, if like me you pay off your full balance each month then I get up to 56 days interest free credit on what I spend. This is typical of virtually all credit cards. See our Credit Card FAQ’s here.

If you don’t pay the balance in full then there are cards with lower interest rates but for companies with small to medium turnover figures they are not always willing to give you a card.

They do have a “Business Rewards” card but that is £99 to apply for. This would only suit users who spend a lot on their card as you get points/cashback.

All members benefit from various exclusive offers they have negotiated with a variety of great companies for discounts if you use your card with them to make a purchase. These savings range from 5 – 40% so it is worth checking them out.

Even with my free standard card, I still get reward points on all my purchases. You can see my reward points in the image below.

For full details on the CoT business credit card and all the terms and conditions visit their website here: Capital on Tap.

If you want to apply you can click through here and I’ve pre-populated the promo code for you. Apply with code here.

Trust Pilot Review Capital on Tap
Rated Excellent on Trustpilot

Main Criteria

That will not accept anyone with County Court Judgements (CCJ’s).

You must be a business user (it’s not a personal card) and your company must have a minimum turnover of £24,000 per annum and ideally been trading for 12 months. They may take you if you have only been trading for 9 or 10 months so if your company is new it may still be worth asking.

Does Capital on Tap Perform Credit Checks?

When you apply for a card they don’t do a full credit check that will leave a “footprint” on your credit history.

So asking is not only quick (the online application takes a couple of minutes) it isn’t going to affect your credit if you are declined.

They do what they call a “soft touch inquiry” about your business and personal credit, this means only you and CoT will know it has been carried out.

Does Capital on Tap Report to Personal Credit?

Basically the answer to this is yes BUT only when you’ve been accepted and start using the card will this start to kick in. It is not part of the application process. See “Does Capital on Tap perform credit checks” above.

Once you have a card with them things change. If you read the small print of their T&C’s you’ll see two sections regarding this.

Credit Reporting section and Reporting to Credit Reporting Agencies.

Basically both sections say more or less the same thing. By taking out the card and agreeing to these terms you give us permission to access your credit report for legitimate purposes.

The main area they could report about you are things like you failing to comply with the agreement.

Preloading your Credit Card

Capital on Tap Business Credit Card with Preloading

With the Capital on Tap credit card, you can unlock unprecedented spending power and flexibility with their innovative Preloading feature. This great addition allows you to augment your credit card balance with your own funds, enabling you to seamlessly combine preloaded funds with your credit limit.

The advantages are plentiful, from managing cash flow to enjoying a 1% uncapped cashback – and the best part? There are no additional fees!

Benefits of Preloading for Small Business Owners:

Enjoy 1% cashback on every pound spent, including preloaded funds, with no limits.

Allows you to exceed your credit limit by preloading, ensuring you never face spending restrictions.

Settle pending balances promptly, freeing up credit and simplifying accounting.

Seamlessly manage spending and cash flow by combining credit card and preloaded funds.

All expenditures consolidated on one monthly statement for streamlined accountancy records and tracking.

Top up your card for almost instantaneous access to funds.

Preload as much or as little as needed, anytime, with no restrictions giving you complete flexibility.

You are able to empower your business with unparalleled financial control – via Preloading.

See My Capital On Tap Account

Here I show details of my actual CoT account. I only show this to assure you that I actually have a CoT credit card and use it regularly for my business.

I currently have over 16,000 reward points, that I haven’t used yet. You can also see the last transaction on my account was I received a £75 referral fee from someone I gave my code to! Now you can use that code too.

Best Promo Code for Capital on Tap

There are not many “no strings” ways of getting FREE money these days but the CoT business credit card does offer a £75 referral promotion.

It is really that simple, use Promo Code 2REFC237G71 when you apply (if you don’t use the code, you will not get the £75)

If you have any friends who are also company directors or business owners, please feel free to share this code with them as they will get the £75 as well.

Are Promo Codes Safe?

Well the one on the is page is 100% safe but that’s because it isn’t like most discount codes you see advertised on the internet.

This is a referral code from a genuine account. Inside my account it says “Tell your friends about Capital on Tap and earn £75 for every successful referral.” So by sharing my code with you, we can both benefit financially if you take out a new capital on tap credit card.

To be clear this isn’t a discount or voucher offer. It is a “refer a friend” code.

Beware of many of the “discount” voucher code sites, especially if they ask you to pay a fee to get a code. You should never pay for a code. The very best, genuine, discount websites don’t “sell” vouchers and “promo codes”.

Scam sites are a worry and many of the promo codes never work for a variety of reasons. Some of them might have been OK originally but the promotion has long since ended.

How does Capital on Tap Work?

When you apply for the CoT card you are effectively asking for a line of credit. You can, like we do, just use it like a normal credit card wit a standard credit limit. Or treat it like business finance and drawdown the money to use it to fund your business for short term cash flow reasons or to buy equipment for example.

Accounting with Capital on Tap

It is easy to synchronize and fully integrate your Capital on Tap credit card spending to a variety of accounting apps you may already be using.

Currently you can link your account to the following.

Xero account, QuickBooks, Sage Cloud, FreshBooks, KashFlow, and FreeAgent.

This makes keeping track of your company spending ridiculously easy.

Do Capital on Tap do Loans?

Yes up to £150,000 (*As of April 2022). The money can be withdrawn to your business account or spent via your card.

*Extra £25 Bonus

The CoT card is a business credit card but if you want to you can also apply for a personal credit card via Vanquis and get a £25 sign up bonus from them as well. The link is below.

Vanquis Promo Code

Personal Card: Here is the link for the £25 promo code from Vanquis.

£25: Follow this link the code is input for you.

The Vanquis card is ideal for anyone trying to repair their credit score as they will accept people that other credit cards may decline.

Is Capital on Tap Visa?

Yep, it sure is. So you will have all the protections and safeguards that you would expect from Visa.

Capital on Tap Referral

Once you have signed up using my Capital on Tap referral code 2REFC237G71 you will have your own account and you’ll be given a referral code of your own.

That means if you know any other directors of Limited companies you can give them your code to use when they apply and that means they and you will receive £75 each. When you click on the “Refer a Company” link in your account you’ll see this.

Capital on Tap Referral Code

Capital on Tap Sole Trader

Sadly Capital on Tap (COT) doesn’t allow applications from self employed sole traders or freelance workers at the current time. When I first became aware of COT they were taking applications from the self employed but haven’t done so for quite a while now.

If they ever re-open up for self-employed applications in future I will certainly update this article to let you know.


I’ve had a CoT business credit card for over two years now and I’ve been very pleased with it so far.

Any time I’ve had a question I’ve found the online chat is answered very quickly and you can actually phone and speak to a real person which is unusual these days.

Capital on Tap Promo code

There are not many companies giving away free money, but this welcome/referral bonus really is free money.

So if you are thinking of applying for a business credit card, be sure to take advantage of this Promo Code: 2REFC237G71

*If you use the code to get the seventy five pounds of free money, I will also get the same for referring you.

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For more in depth information on company credit cards read our in depth article on the subject and also read our Credit Card FAQ’s section.

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