Capital on Tap
Small-business credit card with no annual fee, uncapped 1% cashback and free employee cards
By New Wave Capital Limited (trading as Capital on Tap) · HQ London, England · 4.6/5 verified-buyer score
Positioning guardrails
Best for
- UK and US small businesses that want a business credit card with no annual fee and uncapped 1% cashback
- Teams that need unlimited free employee cards with spend limits, real-time tracking and instant virtual cards
- Finance teams that want card spend auto-synced to Sage, Xero, QuickBooks or FreeAgent
- Businesses that need a fast decision (about 2 minutes) and same-day virtual card spend
- Growing companies that want travel rewards via Avios, Virgin Points and Radisson
Ideal size: 1–200 people · UK/US small business or scale-up with light finance operations
Not for
- Companies looking for a full accounts-payable, invoicing or procurement platform rather than a card
- Buyers who need published SOC 2 or ISO 27001 documentation before selecting a card provider
- Businesses operating outside the UK and US
- Organisations that must settle spend in currencies or entities the card does not cover
Value metrics scorecard
Time-to-Value
Same-day virtual card; 2 days for physical
~1 days to first production value
Total Cost of Ownership
$0/yr
Starts at $0 · No annual fee. Free and Pro card plans; interest from 13.86% APR (variable) on balances; no FX or ATM fees. Pro adds 1.25% cashback on preloaded spend.
Implementation Friction
1/5
Engineering + admin effort required
Buyer Score
out of 5 · verified buyers
Full cost breakdown
Mandatory implementation fee
None
Seat tiers
Free and Pro plans; unlimited free employee cards on the plans
Add-on costs
- Pro plan upgrade adds a metal card, lounge access and 1.25% cashback on preloaded spend; upgrade price is not published on the site
Company & support
Who is behind Capital on Tap, and how your team gets help once it is live.
Company
- Founded
- Not recorded
- Headquarters
- London, England
How you get support
- PhoneAll plans
- EmailNot listed
- Live chatAll plans
- Support portal / ticketsNot listed
- Community forumNot listed
- Help centre / docsNot listed
- Dedicated account managerNot listed
- In person / on-siteNot listed
- Hours
- 24/7
- Response time
- Answered in 10 seconds or less
24/7 UK-based phone (020 8962 7401) and chat support; Pro plan includes dedicated 24/7 support. No support email address is published.
“Not listed” means the vendor’s public pages don’t mention that channel, not that it is unavailable. Ask about it during evaluation.
Market position
Where Capital on Tap sits against its closest alternatives. Pick any two of cost, speed, friction and buyer score, and up to 9 companies to compare.
Quadrant view
Typical annual cost × Time-to-value
The lines cross at the median of the solutions shown, so about half sit on each side of each line. A dashed ring marks an outlier pinned to the edge; hover for its value.
Companies on the chart 6 / 10
- Capital on Tap
- Groups360
- Applied Epic
- Flieber
- ClockShark
- OptimoRoute
Add or change companies
Up to 10 companies including Capital on Tap. Listed closest first.
Stack fit signal
Compatibility with standard B2B ecosystems.
No supported MCP path today, so it cannot be driven from an AI client.
AI & MCP readiness
What Capital on Tap ships in AI, and what it asks of your ecosystem.
Compliance attestations
* IAPP AIGP certifies individuals, not products. It means named staff hold the credential — not that the platform does.
Bottom line
Capital on Tap is a UK/US small-business credit card issued by New Wave Capital Limited. A Free and a Pro plan carry no annual fee, uncapped 1% cashback (1.25% on preloaded spend for Pro), credit limits to £250,000 and unlimited free employee cards. Applicants get a decision in about 2 minutes; virtual cards are usable immediately and physical cards arrive in two business days. Card spend auto-syncs to Sage, Xero, QuickBooks and FreeAgent, and 24/7 UK phone and chat support is included. No security or compliance certifications are published on the site.
Frequently asked questions
What does Capital on Tap cost?
There is no annual fee, no foreign exchange fee and no ATM fee. Interest is charged on balances at rates as low as 13.86% APR (variable). A Free plan and a Pro plan are offered; the Pro plan is a paid upgrade whose price is not published on the site.
How quickly can our team start spending?
The vendor states a decision in about 2 minutes. Virtual cards can be created in seconds and used immediately, and physical cards arrive in around two business days.
Does it connect to our accounting software?
Yes. Card spend can auto-sync to Sage, Xero, QuickBooks, FreeAgent and other accounting tools, and the sync can be set to run daily for expense management.
What support is included?
24/7 UK-based phone and live chat support is advertised, with a claimed answer time of 10 seconds or less. The Pro plan adds dedicated 24/7 support. Support hours and response claims come from the vendor's own site.
Is Capital on Tap a bank, and how is it regulated?
New Wave Capital Limited trades as Capital on Tap and is authorised and regulated by the Financial Conduct Authority (firm reference 625592) and authorised under the Electronic Money Regulations 2011 (reference 900922). It is not a bank; its Instant Savings account is powered by ClearBank.
Are security certifications such as SOC 2 or ISO 27001 published?
No security, trust or compliance page listing certifications was provided in the sources reviewed, so no certification is asserted here. Buyers with certification requirements should request evidence directly from the vendor.