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Learn how to apply for a second Capital on Tap account if you direct multiple companies.
Overview
This article explains how to apply for a second Capital on Tap Business Credit Card account. It's for UK-based customers who direct multiple companies, or hold a majority shareholding in more than one eligible business. It also covers the eligibility criteria and how to switch between linked accounts.
The application process for a second account
You may be a director of more than one company, or a majority shareholder of another eligible business. If you apply for an additional account, we'll review your application to determine whether you're eligible for two accounts.
What is the expected timeframe for a decision?
The timeframe for a decision is generally 1-2 business days.
What happens if your application is successful?
If your application is successful, one of the following decisions will be made:
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Approval: We won't need to run any further checks, and you can complete the onboarding process.
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Pending docs: We'll need further information from you, such as bank statements or Open Banking access.
What if your application is declined?
If your application is declined, there's nothing more you need to do — we'll automatically send you all the necessary information. If an application is initially flagged as 'Declined Duplicate', we've found an existing approved account for the same business
How does the account switching feature work?
A new feature lets app users who manage multiple companies switch between accounts quickly and easily, without needing to log out and log back in.
To switch accounts:
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Log in to your Capital on Tap app or online portal.
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Select the option to switch your company profile.
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Choose the business account you wish to view.
You'll also receive push notifications for all your linked accounts — selecting one will take you straight to that company's account.
If you can't see your other linked accounts in the app, check that you've logged in to those accounts. You'll also need to have completed identity verification for each one.
Can a multi-company director have one portal for both accounts?
No, each account has its own separate portal and login. Once you're logged in, though, you can switch between accounts easily, without needing to log out completely.
Can a multi-company director apply using the same email and mobile phone number?
You can use the same mobile number, but not the same email address. Each email address can only be linked to one account at a time.