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The Points Guy believes that credit cards can transform lives, helping you leverage everyday spending for cash back or travel experiences that might otherwise be out of reach. That's why we publish a variety of editorial content and card comparisons: to help you find a great card to turn your goals into reality.
Our site may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened with our partners, and this may impact how or where these products appear. While we don't cover all available credit cards, our editorial team creates and maintains all of the analysis of these cards, and our content is not influenced nor subject to review by any credit card company, bank or partner prior to (or after) publication. Please view our advertising policy and product review methodology for more information.
Reviews
Capital on Tap Business Card review: Simple cash back and high credit limits for businesses
Chris Nelson is a credit cards writer for TPG. He specializes in budget travel, hotels, earning elite status through minimal spending and redeeming points for maximum value.
also contributed to this story
January 13, 2025 • 8 min read
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Quick summary
A business card is available with no annual fee, offering a straightforward application process that only requires a soft credit check.
The card provides unlimited 1.5% cash back, with the potential to earn 2% if weekly autopay is enabled.
Notable benefits include no foreign transaction fees, car rental collision coverage and free employee cards.
Eligibility is limited to U.S.-based businesses (excluding Nevada) with at least $30,000 in annual revenue and specific ownership requirements.
What to consider
There is no welcome offer, so applicants should weigh ongoing benefits against other options that provide upfront bonuses.
The card is not available to freelancers or sole proprietors unless they meet strict ownership criteria.
Competitors may offer higher cash back rates or more flexible rewards, but often impose foreign transaction fees or have different eligibility requirements.
What you'll miss from the article
A detailed comparison of similar business cards, including pros, cons and which types of businesses each card best serves.
Generated by AI with support from our editorial team.
The Capital on Tap Business Credit Card is one of a handful of no-annual-fee business cards on the block, and it doesn't require a hard pull on your credit report. It comes with a solid set of benefits for a no-annual-fee card, including some protections commonly seen on higher-end, more expensive products. Card rating*: ⭐⭐⭐½
* Card rating is based on the opinion of TPG's editors and is not influenced by the card issuer.
The information for the Capital On Tap has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
Capital on Tap launched in 2021, and it's all about making it "easy" for business owners by streamlining the eligibility and application process. This is one of the card's main distinguishing factors. In addition, you'll enjoy unlimited 1.5% cash back and benefits such as a car rental collision damage waiver and travel assistance, along with a simple-to-use online portal for managing your account.
You must be the active director of the company or majority stakeholder with more than 25% ownership; If you do not meet this criteria, your application will not be accepted
You and your business are based in the U.S., with the exclusion of Nevada
Your annual revenue is at least $30,000
That said, since the card has no annual fee and conducts a soft pull on your credit report, it can be a great option for businesses looking for a straightforward way to earn on business expenses. We recommend a credit score of 670 or higher before applying for this card.
Plenty of business cards offer welcome bonuses, so before applying, make sure you believe the Capital on Tap card's benefits are worth forgoing a welcome bonus.
While the Capital on Tap Business card does not offer many perks, it does have certain notable benefits. First, its credit limit can be as high as $50,000, which can be a great fit for small businesses looking for a lot of purchasing power.
Most Capital on Tap applications will receive a response within 24 hours. Capital on Tap also provides unlimited additional cards at no extra cost, which allows employees to make purchases on behalf of the company. It also includes easy-to-use expense software for employees.
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The card incurs no foreign transaction fees, making it a perfect travel card for your small business and employees who must leave the country. That said, if your small business's primary expense is travel, there may be better business cards for you than the Capital on Tap card. This card also has no ATM fees.
In addition, as a Visa Infinite Business product, the Capital on Tap card comes with certain benefits built in, including secondary rental collision coverage (not to be confused with primary car rental insurance) and travel assistance.
You also receive virtual cards as soon as you are approved, and physical cards are generally delivered in four business days.
Earning and redeeming cash back on the Capital on Tap Business card
Ease of use is clearly a theme for the Capital on Tap card with its simple application process, which also holds true for the card's earning and redemption structure.
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Eligible purchases earn unlimited 1.5% cash back. If you enroll in weekly autopay, you will receive 2% cash back.
Cardholders can redeem their cash-back rewards for statement credits to pay off an existing balance or to purchase gift cards. These redemption methods are fairly standard for a cash-back business card.
That said, many business owners will find greater value in a card that earns a transferable rewards currency, like Chase Ultimate Rewards or American Express Membership Rewards. The points earned in those programs can be transferred to airline and hotel partners for maximum value.
Which cards compete with the Capital on Tap Business card?
There are a number of other no-annual-fee cards geared toward small businesses, so here are some that compete with the Capital on Tap Business card.
If you prefer Chase: The (see rates and fees) is another great no-annual-fee business card. With this card, you'll earn an unlimited 1.5% cash back on all eligible purchases, making it a great product for businesses without a targeted spending category or looking to fill the gaps of nonbonus spending. However, it's worth noting that the Ink Business Unlimited does impose foreign transaction fees on purchases made outside the U.S. To learn more, check out our full review of the Ink Business Unlimited.
If you prefer American Express: earns 2% back on all purchases up to $50,000 per calendar year and then 1% back thereafter while having no annual fee (see rates and fees). The cash back you earn is automatically credited to your account, so there are no steps you need to take for redemption. To learn more, check out our full review of the Blue Business Cash.
If you want more cash back: The is another no-annual-fee card that competes with the Capital on Tap card. It, too, awards 1.5% cash back on all purchases with no limit, but it does charge foreign transaction fees, making the Capital on Tap business card a better option for purchases outside the country. To learn more, check out our full review of the Bank of America Business Advantage Unlimited Cash Rewards card.
The Capital on Tap Business card is a solid no-annual-fee option if your business is looking for a cash-back card. It offers 1.5% cash back on all purchases with the option for 2% if you enroll in weekly autopayments. It has no foreign transactions and offers generous credit limits of up to $50,000, which can be useful for businesses with high expenses.
Bottom line
Overall, the Capital on Tap Business Card is a solid business card. It offers a quick and simple application process with no hard pull on your credit score. The card contains few benefits and isn't available to all small businesses, but it offers unlimited 1.5% cash back.
Other cards can be more valuable if you are already in a given rewards ecosystem or have a smaller budget business that wouldn't be able to meet the minimum spend required for approval. But for a simple, general business card, it's hard to go wrong with Capital on Tap.
Capital on Tap Business credit cards are issued by WebBank.
For rates and fees of the Amex Blue Business Cash, click here.
By commenting, you agree to our Community Guidelines to help create a positive space for conversation. The responses below are not provided or commissioned by the bank advertiser, our partners, or The Points Guy (“TPG”). They have not been reviewed, approved, or otherwise endorsed by any of these parties. All responses are submitted by individual contributors, and neither the bank advertiser, our partners, nor TPG are responsible for ensuring that all posts and/or questions are answered.
