Capital on Tap and 1st Formations have partnered to help UK businesses access fast funding, and make running their businesses easier and more rewarding.
Uncapped 1% cashback
Earn rewards points on all card spending, and redeem for cash, gift cards and more.
Rates as low as 13.86% APR (variable)
7,500 referral bonus points
Unlimited free company cards
Interest-free period of up to 42 days on card spending, with no annual fee.
We'll credit your account with 7,500 bonus points after your first transaction.
Add cards for your team, and control spending with tailored limits.
Please note the following terms apply when qualifying for your cashback reward:
Trusted by more than 200,000 businesses
Over 200,000 small business customers have spent more than £10 billion on their Capital on Tap business credit cards.
The Garden Health & Beauty Store
Harry Ganz
“The option to redeem points for air miles is what attracted me. The main thing is I now have one card that services all my needs.”
Rewards for all
Enjoy uncapped 1% cashback on all card spending, with flexible ways to redeem your rewards.
A credit card that’s built for businesses
Manage your business spending with smart controls and real-time visibility – all with no annual fee.
Track all your spending in one place
Empower your employees to pay for expenses with as many free company cards as you need. Stay in control with real-time visibility and smart spending controls.
24/7 support
We know how hard it is to run your business so we're here for you with a 24/7 customer support hotline. Chat, call or email – whatever works for your schedule.
Open an account online today
*Earn up to 3.82% AER (variable). New customer Interest rates are tiered, with the top rate for balances between £50,000 and £500,000. Each tiered rate applies to the portion within that range. New Capital on Tap customers get these promotional rates for 60 days after successful opening of account. For more information, go to our Summary Box. Based on today’s Bank of England base rate. Changes to the Bank of England base rate could mean that the rate offered when you apply is different. The Annual Equivalent Rate (AER) demonstrates what you would earn in compounded interest on savings over 12 months, as a percentage.
**Subject to eligibility.
© Copyright 2026. New Wave Capital Limited (trading as Capital on Tap) is a private limited company incorporated in England and Wales under registered number 07959823 which has its registered office at 27 Old Gloucester Street, London, England, WC1N 3AX. Capital on Tap is authorised and regulated by the Financial Conduct Authority (firm reference number 625592 in respect of consumer credit activities) and is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, firm reference 900922, for the issuing of electronic money. Capital On Tap is a registered trade mark of New Wave Capital Limited with the United Kingdom Intellectual Property Office. All rights reserved 2025. New Wave Capital Limited (trading as Capital on Tap) is not a bank. The Capital on Tap Instant Savings Account is powered by ClearBank; customers with an Instant Savings Account are introduced to ClearBank, with their deposits held by them as a ClearBank customer. Capital on Tap does not possess the customer's savings at any time, and customers can only view and manage their savings via Capital on Tap services. ClearBank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (No. 754568).
