Capital on Tap Promo Code SETTINGUP
The Capital on Tap promo code is SETTINGUP. Eligible new customers can receive 7,500 bonus reward points after a completed card or cash transaction during the three-month promotion period following approval. Check current terms and redemption options before applying.
This page covers how the offer works, how to maximise the reward value, who the card suits, and what to check before applying — written by our Finance & Tax Editor.
Affiliate link · Credit subject to status · qualifying transactions, reward timing and redemption options are governed by the provider's current terms
New customers only · Make a qualifying transaction during the three-month promotion period · Credit subject to status
What are 7,500 Capital on Tap points actually worth?
The 7,500 bonus points from promo code SETTINGUP can be redeemed in different ways. Here is how the value stacks up.
| Redemption method | Points value | Cash equivalent | Best for |
|---|---|---|---|
| Cashback to account | 1p per point | £75 | Simplest option — straight cash back |
| British Airways Avios | 1:1 conversion | 7,500 Avios | Travel rewards — can be worth 3–5p per point in business class |
| Iberia Avios | 1:1 conversion | 7,500 Avios | European routes and Iberia partner flights |
| Gift cards | Varies by retailer | Varies | Business purchases and supplier spend |
7,500 Avios can be worth significantly more than £75 if used for business class flights or peak-season redemptions. British Airways Avios are particularly valuable for short-haul European routes. If you travel regularly for business, the Avios route is often the smarter redemption choice.
Earn 1 reward point for every £1 of business spending on the card, ongoing — not just on the welcome bonus.
Capital on Tap points do not expire while your account remains active, so you can accumulate and redeem at your own pace.
Choose between cashback, Avios, gift cards, or statement credit. You are not locked into one redemption path.
What Capital on Tap includes as a business credit card
The promo code gets you started, but the card is what you will use every day.
Flexible credit limits set based on your business financials. One of the highest maximum limits available on a UK business credit card.
Add unlimited employee cards at no extra cost. Each card earns points on spending and can have individual spending controls.
Connect directly to Xero, QuickBooks, and Sage to automate expense reconciliation and reduce manual bookkeeping.
Most applications receive a decision quickly. Approved businesses can start using the card within a few working days.
Capital on Tap is authorised and regulated by the Financial Conduct Authority. Your account is subject to full FCA consumer credit protections.
The Capital on Tap card is a Visa business credit card, accepted wherever Visa is taken — both in the UK and internationally.
Capital on Tap is one of the most widely used business credit cards in the UK, particularly popular with SMEs that want a high credit limit, employee cards, and a rewards programme that earns on every pound spent.
Capital on Tap card plans compared
Most businesses start on the standard free card. The Pro plan is worth considering if you spend heavily and want a higher rewards rate.
| Feature | Standard Free | Pro Monthly fee applies |
|---|---|---|
| Visa business credit card | ✓ | ✓ |
| Credit limit | £1k–£250k | £1k–£250k |
| Reward points per £1 spent | 1 point | 1.25 points |
| Welcome bonus (promo code) | 7,500 pts | 7,500 pts |
| Employee cards | Unlimited (free) | Unlimited (free) |
| Accounting integrations | ✓ | ✓ |
| Annual fee | Free | Monthly fee |
| Best for | Most businesses | High spenders wanting more rewards |
Plan features and pricing are subject to change. Always check the current details on the Capital on Tap website before applying.
Eligibility checklist for the Capital on Tap promo code
What happens to your credit files when you apply?
The application check and the later credit-agreement check are different. Understanding the timing can help you decide whether to apply.
Capital on Tap runs a standard soft search on your personal credit file. It does not affect your personal credit score and other lenders cannot see it. There is no visible hard search on the business credit file at application.
A hard search is carried out on the business credit file only when you sign the credit agreement. That mark can then be visible to other lenders, although it does not appear on your personal credit file.
What this means in practice: an eligible business does not need to avoid applying solely because it expects a visible hard search at the application stage. The later business-file hard search still matters when deciding whether to sign the credit agreement, because other lenders may then see it.
How to claim the Capital on Tap promo code — step by step
Use the link on this page to land on the correct Capital on Tap application page with the promo code pre-attached where possible.
Before submitting, make sure the promo code shown is SETTINGUP. This is the code that activates the 7,500 bonus points.
Have your Companies House and applicant details ready. There is no minimum trading history or turnover. At application, Capital on Tap runs only a personal-file soft search, not a visible business-file hard search.
Most decisions are made quickly. If approved, your card will arrive within a few working days.
Complete a qualifying card or cash transaction during the three months following approval. Capital on Tap reviews that period and, if eligible, credits bonus points within 60 days after it ends.
Once credited, decide whether to take cashback, convert to Avios, or use another redemption option. Avios conversion can deliver more value if you travel regularly.
Who Capital on Tap is a good fit for
Capital on Tap can suit eligible businesses of any age that expect to spend regularly and want to earn rewards on that spending.
Businesses of any age with regular, predictable card spending
Owners who travel for business and want to earn Avios
Businesses that want a high credit limit without complex applications
Teams that want employee cards with individual spending controls
Owners who use Xero, QuickBooks, or Sage and want automatic reconciliation
When Capital on Tap may not be the right fit
Sole traders, businesses not listed as active on Companies House, or applicants who do not meet the director/shareholder, UK-residence or CCJ requirements cannot apply.
The ongoing reward rate of 1 point per £1 is only valuable if you actually spend on the card. Low-spend businesses will see limited benefit.
If you want to avoid credit entirely, a business bank account with a debit card is a better starting point.
A credit card should suit your business needs beyond the sign-up offer. If the ongoing card does not fit, the bonus alone is not sufficient justification.
If you are still setting up your business banking, a free business bank account is a good first step before adding a credit card.
See the Tide referral code REFER200 →Frequently asked questions about the Capital on Tap promo code
Ready to use the Capital on Tap promo code?
If Capital on Tap looks like the right fit for your business, use code SETTINGUP when you apply and make your first purchase to trigger the 7,500 bonus points.
Affiliate disclosure: we may earn a commission if you apply through this page. That does not change the offer terms set by the provider. Credit is subject to status.