Small Business Guide
What Is the Capital on Tap Promo Code?
The Capital on Tap promo code SETTINGUP is a partner promotion for 7,500 bonus points after the first transaction, subject to eligibility. The verified partner page does not state a fixed cash or Avios value, and the current campaign and credit terms should be checked before applying.
Capital on Tap’s current product page says that more than 300,000 small businesses have spent more than £40 billion using its Business Credit Cards. Its Free plan advertises 1% cashback on card spending; reward conversion and terms depend on the current plan.
The SETTINGUP code is available exclusively through partner sites including Small Business Guide. It is not available directly from Capital on Tap's own website without a referral link.
What Are 7,500 Points Worth?
7,500 points redeemed as cashback credited directly to your Capital on Tap account
Free-plan points convert at 10 points = 8 Avios; Pro-plan points convert at 1 point = 1 Avios. Redemption value varies.
Earn 1 point per £1 spent on the card — every purchase builds your rewards balance
How to Use the Capital on Tap Promo Code SETTINGUP — Step by Step
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Click the link below to go to Capital on Tap's website
Use our partner link to ensure the promo code is pre-applied. You can also visit capitalontap.com directly and enter the code manually during the application.
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Click "Apply Now" on the Capital on Tap homepage
The application button is prominently displayed on the Capital on Tap website. Click it to begin the online application form.
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Enter your business details
You will need your business name, Companies House registration number, business address, industry type, annual turnover, and number of employees. This information is used to assess your credit limit.
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Enter your personal details
As a director or majority shareholder, you will need to provide your full name, date of birth, home address, and contact details. Capital on Tap may also ask you to link your business bank account to verify financial information.
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Enter the promo code SETTINGUP when prompted
During the application, Capital on Tap will ask if you have a promo or access code. Enter SETTINGUP exactly as shown. If you used our link above, the code may be pre-filled — verify it is present before submitting.
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Submit your application and await a decision
The provider’s current product page says applicants can apply and get a decision in 2 minutes, subject to status. Check the current application terms for approval and card-delivery timing.
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Make your first card transaction
The verified partner page states that 7,500 bonus points are credited after the first transaction, subject to eligibility. Check the provider’s current campaign and credit terms before applying.
Eligibility Requirements
Capital on Tap has specific eligibility criteria. Unlike Tide (which is available to sole traders), Capital on Tap is primarily designed for limited companies.
| Requirement | Details | Status |
|---|---|---|
| UK-registered business | Business must be registered in the UK with Companies House | ✓ Required |
| Director or majority shareholder | Must be an active director or hold 25%+ ownership | ✓ Required |
| Minimum trading period | No published minimum trading history | ✓ Required |
| Minimum annual turnover | No published fixed annual-turnover threshold | ✓ Required |
| New Capital on Tap customer | Must not have previously held a Capital on Tap account | ✓ Required for bonus |
| Sole traders | Capital on Tap primarily serves limited companies; sole traders are not eligible | ✗ Limited eligibility |
| Existing customers | The SETTINGUP promo code bonus is for new customers only | ✗ Not eligible for bonus |
Capital on Tap Rewards: How Points Work
| Action | Points Earned | Value |
|---|---|---|
| Sign up with code SETTINGUP + first transaction | 7,500 bonus points | 7,500 bonus points; redemption and Avios conversion depend on the current plan and provider terms |
| Every £1 spent on the card | 1 point | 1 point; Free-plan Avios conversion is 10 points = 8 Avios |
| £10,000 monthly spend | 10,000 points | £100 cashback or 10,000 Avios |
| Pro card (£299/year) — every £1 spent | 1 point | Pro-plan Avios conversion is 1 point = 1 Avios |
Capital on Tap Business Credit Card: Pros and Cons
✓ Pros
- No annual fee on standard card
- Credit limits up to £250,000
- Provider states a decision in 2 minutes, subject to status
- 1 point per £1 spent (2x on Pro card)
- Redeem as cashback or Avios
- Up to 42 days interest-free credit
- Free employee cards
- Integrates with Xero and QuickBooks
- Accepted anywhere Visa is accepted
- 7,500 bonus points with code SETTINGUP
✗ Cons
- Primarily for limited companies
- No published fixed turnover minimum; provider asks for turnover information
- A soft personal-credit search is stated at application; a hard business search is stated when the credit agreement is signed
- Representative APR of 49.8% (variable)
- Pro plan costs £299/year; check the current rewards and Avios conversion terms before choosing a plan
- Sole traders are not eligible; applicants should check the provider’s current company, credit and industry criteria
For a full, detailed breakdown of Capital on Tap's features, fees, and how it compares to other business credit cards, read our Capital on Tap Business Credit Card Review.
Capital on Tap vs Tide: Which Offer Is Better?
Both offers are excellent for different types of businesses. Here's a quick comparison to help you decide which is right for you — or whether to take advantage of both:
| Tide (REFER200) | Capital on Tap (SETTINGUP) | |
|---|---|---|
| Offer value | Up to up to £200 cash | 7,500 points (£75) |
| Product type | Business bank account | Business credit card |
| Best for | Sole traders & new limited companies | Established limited companies |
| Minimum trading | None — open to new businesses | 6 months minimum |
| Monthly fee | Free (paid plans available) | Free (Pro plan £99/year) |
| Can you use both? | ✓ Yes — they are complementary products | |
Many UK small business owners use both: Tide as their primary business bank account for day-to-day banking, and Capital on Tap as their business credit card for purchases and expenses — earning rewards on every transaction.
Frequently Asked Questions
What is the Capital on Tap promo code?
The Capital on Tap promo code is SETTINGUP. The verified partner page states that 7,500 bonus points are credited after the first transaction, subject to eligibility. Check the current campaign and credit terms before applying.
Is the Capital on Tap promo code SETTINGUP still valid in 2026?
The SETTINGUP partner page was checked on 26 August 2026. It states that qualifying customers receive 7,500 bonus points after the first transaction, subject to eligibility and terms.
How long does it take to receive the 7,500 bonus points?
The verified partner page states that 7,500 bonus points are credited after the first transaction, subject to eligibility. Check the provider’s current campaign and credit terms before applying.
Does Capital on Tap do a credit check?
Yes. Capital on Tap performs a soft credit search initially (which does not affect your credit score), followed by a hard search if you proceed to full application. They consider both business and personal credit data, along with business performance indicators. Capital on Tap is known for being more flexible than traditional banks.
What credit limit will I get with Capital on Tap?
Capital on Tap offers credit limits from £1,000 to £250,000, based on your business's financial profile, turnover, and credit history. The initial limit is set during the application process and can be reviewed and increased over time as you build a track record with the card.
Can I use Capital on Tap as a sole trader?
Capital on Tap primarily serves limited companies. Sole traders may apply but approval is less common and the product is not specifically designed for sole trader use. If you are a sole trader, Tide (using code REFER200) may be a better fit as it has a dedicated sole trader account with no minimum trading period.
Can I use both the Tide REFER200 and Capital on Tap SETTINGUP offers?
Yes — absolutely. Tide is a business bank account and Capital on Tap is a business credit card. They are complementary products and many UK small business owners use both. You can claim the £200 Tide bonus and the 7,500 Capital on Tap points simultaneously. See our Tide Referral Code REFER200 page for details on the Tide offer.