Premium Capital on Tap Business Credit Card review

How to apply for the Premium Capital on Tap Business Credit Card

There’s just one application for both of Capital on Tap’s credit cards. To apply for the Premium Capital on Tap Business Credit Card, you’ll need to make sure you select the “Premium” option when asked during the application process.

1. Go to the provider's site to Learn more about how to apply for Premium Capital on Tap Business Credit Card.
2. You’ll be redirected to the Capital on Tap application page. Click on Apply Now.
3. Select your business type at the top of the application and fill out the requested information. Make sure to click “Premium” where applicable.
4. When finished, click on the agreement boxes and click Submit.

To apply you’ll need to have a US registered company with more than three months trading history and an annual turnover of at least $30,000.

What credit score do I need?

To qualify for the Premium Capital on Tap Business Credit Card, you’ll need a good credit score of 670 or higher.

Premium Capital on Tap Business Credit Card benefits

• Flexible annual fee. You can choose to downgrade your card each year, forgoing the annual fee and additional 1% rewards increase that comes with it.
• Flat rewards. This card earns a flat 2% cashback rate on all purchases. This is a competitive rate for flat rewards.
• Employee cards. You can have up to 20 additional business cards at no cost.
• Spend management tools. Capital on Tap provides several finance management tools to help monitor employee spending.

What to watch out for

• Middling welcome offer. This card’s welcome offer of $199 is unimpressive, essentially wiping out the card’s annual fee for the year and nothing more. What’s more, you have to spend a whopping $15,000 to earn it.
• Potentially high APR. The APR on this card ranges from 17.99% to 43.99% variable, which is much higher than the industry standard.
• Only two payment options. You must either choose to pay your balance in full each month, or at least 10% of the minimum.

What do customers say about the Premium Capital on Tap Business Credit Card?

As of September 2021, Trustpilot reviews of Capital on Tap give the company a rating of 4.8 out of 5. Customer reviews commend the simplicity of the app and the excellent customer service. The company is not accredited by the Better Business Bureau.

Compare business credit cards

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Product USCCF	Finder Score	Rewards	Purchase APR	Annual fee
The American Express Blue Business Cash™ Card	Finder score	Up to 2% cash back	0% intro for the first 12 months (then 17.49% to 25.49% variable)	$0	In each calendar year, all eligible purchases on up to $50,000 will earn you 2% cash back, then 1% thereafter. You receive your cash back earned as a statement credit. Terms apply, see Rates & fees	Go to siteView details Compare	loading Fetching your data...
American Express® Business Gold Card	Finder score	Up to 4x points	0% intro for the first 6 months (then 18.49% to 27.49% variable)	$375	Earn 100,000 points after spending $15,000 in the first 3 months from account opening. Terms apply, see Rates & fees	Go to siteView details Compare	loading Fetching your data...
Revenued Business Card Visa®	Finder score 7.8 Great	None	N/A	$0	A flexible spending line and business card. Apply with no hard credit check. Requirements: 1 year in business, an existing business bank account with $20,000 average monthly deposits, more than one employee.	Go to siteView details Compare	loading Fetching your data...

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Bottom line

The Premium Capital on Tap Business Credit Card to stand out. While 2% cash back on all purchases is a powerful rate, there are other business cards on the market that offer similar rewards and more features for less cost. Check out our Capital on Tap Business Credit Card for a look at how it compares. And if you’re looking for more specific features or rewards, you can compare all business card options to find the one for you.