Capital on Tap Business Credit Card

The Capital on Tap Business Credit Card is for certain small business owners. To apply for the card, your business revenue must be at least $30,000 a year, be based in the U.S., and be an active director of the company or majority shareholder of 25%+ ownership. Sole proprietors, charities or non-profits, trusts, or clubs may not apply. If you meet the criteria, you can be eligible for a credit limit as high as $50,000. And you can get credit cards for your entire staff at no extra charge.

There are many downsides to this card. You get a welcome bonus, but it’s small, and you have to spend 15,000 in the first three months to qualify. Also, the APR is astronomically high, up to 35.99%. Many business cards offer better bonuses and lower rates. If you don’t carry a balance and need a high credit limit and multiple employee cards, this card might work for you. We dive into the details and your approval odds in this Capital on Tap review.

Capital on Tap

Our Rating

3.5/5.0

Welcome Offer

$200

Annual Fee

$0

0% on Purchases

N/a

Reward Rate

1.5% cash back

0% on Balance Transfers

N/a

Welcome Offer

Get $200 back if you spend $15,000 in your first 3 months

Features & Benefits

SecurityEMV Chip Enabled, Zero Liability
Contactless PaymentsTap to Pay, Apple Pay, Google Pay
Benefits24/7 customer service
Travel PerksNone

Rewards

1.5% cash back
All eligible purchases
Earn 1.5% cash back on every purchase

Interest Rates & Fees

Annual Fee$0
Foreign Transaction FeeNone
Regular APR18.49% to 35.99% variable (V) APR

What Credit Score Is Required to Get the Capital on Tap Business Credit Card

The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use a number of factors in their underwriting process, and these factors can change at any time.

App StatusDateCredit ScoreBureauCredit Limit
Approved09/14/2022
710
Experian
$40,000
Approved09/03/2023
799
Experian
$30,000
Denied09/14/2022
800
Equifax
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Pros & Cons

Pros
  • Welcome offer
  • No annual fee
  • No foreign transaction fee
Cons
  • High APR
  • Requires good credit
  • Limits on who can apply

What Are the Best Alternatives?

Ink Business Unlimited® Credit Card
Ink Business Unlimited® Credit Card

Rating

4.6

Rewards Range

1.5%

Annual Fee

$0

The American Express Blue Business Cash™ Card
The American Express Blue Business Cash™ Card

Rating

4.6

Rewards Range

1% - 2%

Annual Fee

No annual fee

Capital One Spark Cash Select for Excellent Credit
Capital One Spark Cash Select for Excellent Credit

Rating

4.7

Rewards Range

1.5% - 5%

Annual Fee

$0

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