ComparisonLast checked 8 November 2026

Barclaycard vs Capital on Tap

Business credit cards from Barclays for UK businesses with turnover between £10,000 and £6.5 million: Select Cashback with no annual fee, and Premium Plus with a £150 fee, 0% on purchases for six months and a lower FX fee. A business credit card for UK limited companies and LLPs, with 1% back on card spend as points, no annual fee on the Free plan and no FX or ATM fees. A Pro plan at £299 a year adds travel perks. We also show Incard, our pick for businesses whose main costs go on cards.

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Where Incard beats both

You spend thousands a month on cards, especially on advertising, software or travel
You want a euro account, which Barclaycard or Capital on Tap don't list
You want a US dollar account, which Barclaycard or Capital on Tap don't list
You're comfortable with safeguarding instead of FSCS cover

cashback a year on Incard's £0 Free plan from £5,000 a month of eligible ads, software and travel spend. Simple arithmetic, not a forecast.

£600

Apply for Incard on incard.co

We may earn a commission if you apply.

Barclaycard suits you if

You want a business credit card with no annual fee and spend £2,000 or more a month on it
You want 0% on purchases for the first six months (Premium Plus)
You pay in foreign currencies and would pay £150 a year for a 0.99% FX fee
You want to add free cardholders and set spending controls

Capital on Tap suits you if

You run a UK limited company or LLP and want 1% back on card spend with no annual fee
You pay in foreign currencies by card and want no FX fee
You want free employee cards with their own spending limits
You sync spending to Xero, QuickBooks, Sage or FreeAgent

At a glance

**Table notes:** correct as of 8 November 2026, from each provider's own pages listed under Sources. “Not listed” means the provider's pages we checked don't say.
	Barclaycard	Capital on Tap	Incard
Type and protection	Credit card · no deposits held	Credit card · no deposits held	E-money · safeguarded, no FSCS
Who can open one	UK sole traders and UK limited companies	UK limited companies and LLPs	UK sole traders, UK limited companies, LLPs, Swiss GmbHs and AGs and Swiss sole traders
Cheapest plan	Select Cashback: £0 a year	Free: £0 a year	Free: £0 a month
Plans (monthly)	Select Cashback £0, Select charge card £42, Premium Plus £150 a year	Free £0 a year, Pro £299 a year	Free £0, Grow £49, Plus from £199
Card cashback	Select Cashback 1% uncapped in months with £2,000+ spend; Premium Plus 0.5%, up to £400 a year	1% on all card spend as points on Free and Pro; Pro earns 1.25% on preloaded spend	Free: 1% on ads, software and travel, 0.5% on other eligible spend. Higher on Grow and Plus. Uncapped
Card payments in other currencies	2.99% on Select Cashback; 0.99% on Premium Plus	No FX fee	1.8% on Free, 1.5% on Grow and Plus
Domestic transfers	Not listed	Not a current account; you need a separate business bank account	100 included on Free, 250 on Grow, then £0.30 each
International transfers	Not listed	Not listed	3 included on Grow; otherwise from £5 (SHA) or £20 (OUR)
ATM withdrawals	3% (minimum £3) per cash withdrawal, plus interest	No ATM fee; 2 withdrawals and £400 a day	2% in the UK, 2.5% abroad
Cash deposits	Not listed	Not listed	Not listed
Currencies you can hold	Not listed	Not listed	GBP, EUR and USD, with IBANs
Accepting card payments	Not listed	Not listed	Not listed

Where they differ

Based on what each provider lists on its own pages. If a feature isn't listed, check with the provider before you rule it out.

Only Incard lists a euro account, a US dollar account, accounts for Swiss GmbHs and AGs and accounts for Swiss sole traders.

What each one is, and who can open one

Barclaycard

Barclaycard is a trading name of Barclays Bank PLC, authorised by the PRA and regulated by the FCA and the PRA (Financial Services Register number 122702). A credit or charge card from a lender: you borrow from Barclays Bank PLC and repay it, and the card doesn't hold your deposits, so FSCS deposit protection doesn't apply to a card balance.

Who can open one: UK-based business owners and directors, including sole traders, with directors and employees aged 18 or over and business turnover (or a new-business plan) between £10,000 and £6,500,000 a year. You and the business mustn't be bankrupt, existing credit must have been managed well for the last 12 months, and you can't have been declined for a Barclaycard commercial card in the last six months. Full Barclaycard profile.

Capital on Tap

New Wave Capital Limited (trading as Capital on Tap, company number 07959823) is authorised and regulated by the FCA for consumer credit activities (FRN 625592) and authorised by the FCA as an electronic money issuer (FRN 900922). It is not a bank. A credit card from a lender, not a bank account: you borrow from Capital on Tap and repay it, so there are no deposits for the FSCS to protect. Money you preload or overpay is held as e-money and safeguarded in a separate account, not FSCS-protected. The separate Instant Savings account is held by ClearBank, with eligible deposits FSCS-protected up to £120,000.

Who can open one: Active UK directors or majority shareholders (25% or more) of an Ltd, LLP or PLC listed as active on Companies House, with no unsatisfied CCJs in the last 12 months and a business bank account. There's no minimum trading period. Sole traders, charities, trusts, dormant companies and high-risk industries aren't eligible. A director or major shareholder must give a personal guarantee. Full Capital on Tap profile.

Incard

Incard Ltd is authorised by the FCA as an electronic money institution (firm reference number 1027309). It is not a bank. Safeguarded: Incard keeps customer funds separate from its own money, in accounts with authorised credit institutions, and doesn't lend or invest them. Funds are not protected by the FSCS.

Who can open one: UK limited companies and LLPs, UK sole traders and freelancers registered with their local authority, and Swiss GmbH, AG and sole-trader businesses. EEA onboarding is paused until an expected restart in 2027. Public sector bodies, cooperatives, charities, foundations and trusts aren't accepted, and a long list of industries is restricted. Full Incard profile.

Our e-money vs bank account guide explains what safeguarding and FSCS cover mean if a provider fails.

When Incard isn't the answer

Incard isn't the right account if

Your business is registered outside the UK and Switzerland. EEA onboarding is paused until an expected restart in 2027
You're a charity, cooperative, foundation, trust or public body, or work in one of Incard's restricted industries