Capital on tap referral - Refer a Friend

Key Takeaway:

  • The Capital on Tap referral program is open to all Capital on Tap account holders.
  • To refer someone (well another company actually) into the program, the referrer needs to provide their unique referral code (known as a Promo Code on the application form) to the person they want to refer. The referred person needs to sign up for a Capital on Tap account using the code provided to be eligible for the £75 referral bonus.
  • Only those who do not already have a Capital on Tap account and who meet the eligibility criteria can apply for a card.
  • If a referrer violates any of the referral program's terms and conditions, they may not be eligible for the referral bonus. The referral bonus is only available to those who meet the program's eligibility criteria and earn it through valid referrals.
  • The program's terms and conditions may change over time.

The best Capital on Tap promo code is: 2REFC237G71 you get £75 free, when you join

Apply for a Capital on Tap Business Card
£75 Sign up Bonus

Who can participate in the Capital on Tap referral program?

Participating in the referral program of Capital on Tap is accessible to a specific group of individuals. The program is designed for those who own a Capital on Tap account. Only they can share their unique code with friends and acquaintances to invite them to join.

Once the referred person receives and uses the code, the account holder will receive benefits such as cashback or a credit bonus. The program is not available to those who do not hold a Capital on Tap account, limiting the scope of participation.

It is worth noting that each user can enjoy the benefits of the referral program to a certain extent. In other words, there is a limit to how many individuals they can refer to the platform, and there is a cap on the rewards they can earn.

To maximize benefits, it is suggested that account holders be strategic about who they invite to join. It is more likely that those who will use the platform frequently will yield better returns from this program. Additionally, it is highly recommended that users read the terms and conditions before engaging in the referral program. Prior knowledge of the rules and policies can ensure that the experience is both profitable and satisfactory.

How to refer someone in the Capital on Tap referral program

In case you're a Capital on Tap member, you are probably aware that their referral program can be an excellent way to earn some extra rewards. Are you aware of the eligibility of the individuals whom you can refer?

Who can be referred? In the first part of this section, we'll discuss who can be referred in the referral program and be eligible for rewards. Nevertheless, not every person is eligible for the program. In the second part, we'll outline instances when one cannot refer someone in the referral program.

Who can be referred in the referral program

In order to participate in the Capital on Tap referral program, an account holder can refer their acquaintances, friends or family members. These referrals must meet certain requirements set by the company before they may participate in the referral program.

  • Individuals who are aged 18 or over
  • Legal residents of the United Kingdom
  • New applicants of Capital on Tap who have not previously applied for a business or personal account with the company
  • Individuals with no history of opening or being affiliated with any fraudulent accounts
  • Those who have not violated any terms and conditions of the company’s policies and guidelines.

Capital on Tap has reserved the right to determine whether someone meets its eligibility criteria for referral into its platform.

At the same time, Capital on Tap offers a Referral Bonus to both new applicants and existing account holders. By referring eligible individuals, an existing account holder can earn up to £50 worth of Amazon vouchers, while referred individuals will receive an additional £25 worth of Amazon vouchers after making their first transaction using their Capital on Tap account.

Pro Tip: Ensure you check all terms and conditions before participating in the referral program. Don't bother referring your imaginary friend, they don't count in Capital on Tap's referral program.

When one cannot refer someone in the referral program

To participate in the Capital on Tap referral program, certain conditions must be met. However, there are circumstances under which an account holder cannot refer someone in the referral program. These include but are not limited to instances where either party has cancelled or terminated their account with Capital on Tap and where either party has breached the terms and conditions of the referral program. The above restrictions apply irrespective of whether or not a Referral Bonus is pending.

It is important to understand that like most programs, the Capital on Tap referral program has unique conditions that determine its smooth operation. Failure to adhere to these regulations may result in programme violations and termination of one's membership in the referral scheme.

In cases where an individual has violated any of the terms and conditions stated in the Capital on Tap referral program, they will lose all rights associated with earning Referral Bonuses, even if verified referrals were previously made.

While provisions have been made for owed bonuses to be paid out under specific circumstances, instances where violation of programme rules occurs may lead to forfeiture of such bonuses.

As Capital On Tap continues to update and refine its processes for more efficient operation of its services, changes may occur in its referral program terms and conditions without prior notice. It is essential for account holders to remain updated on any modifications affecting their participation in this initiative.

Get ready to refer and earn - find out who qualifies for the lucrative Referral Bonus in the Capital on Tap program!

Referral Bonus and who is eligible for it

If you're considering a Capital on Tap referral, you'll want to know more about who qualifies for a referral bonus. As a Capital on Tap customer myself, I was curious to learn about the ins and outs of the program. After digging into the details, I found that there are a few key criteria that determine who is eligible for the referral bonus. Once you meet those qualifications, receiving the bonus is straightforward. However, it's important to keep in mind that there may be tax implications to be aware of as well. Let's take a closer look at how the referral bonus works and what you need to know.

How to receive a Referral Bonus

To obtain the Referral Bonus in the Capital on Tap program, one needs to follow a few straightforward steps and meet specific eligibility criteria.

Here is a 6-Step guide on how to receive a Referral Bonus:

  1. Ensure that you are an account holder with Capital on Tap and have access to your referral link.
  2. Next, share your referral link with the person you want to refer. They will need to enter their details and sign up using the unique link provided.
  3. Once they open an account, make sure that the referred individual uses their new Capital on Tap account frequently and spends at least £1,000 within three months of opening their new account.
  4. After they reach the spending threshold of £1,000, both you and the referred individual should receive your bonus within two weeks from the date that they reached this milestone.
  5. If you meet all eligibility requirements but do not receive your bonus within this time frame, contact customer support.
  6. To avoid disappointment or delay in receiving your referral bonus, make sure that you have complied with all terms and conditions listed under 'Referral Bonus'.

It's essential to keep in mind that only one Referral Bonus is eligible per member. Moreover, referrals cannot be redeemed if linking accounts violate any program terms.

Capital on Tap's referral reward system can be of significant benefit for those involved in referring others based on its simple process. There appears to be no longer waiting time or complex processes as it aims purely at enhancing earned benefits from referrals.

Got a bonus for referring a friend to Capital on Tap? Don't forget to pay the referral fee to the IRS, or you might end up referring someone to your local prison.

Tax implications of Referral Bonus

The referral program at Capital on Tap offers a Referral Bonus to those who refer new customers. The Referral Bonus has tax implications, depending on how much is received and the individual's tax bracket. In general, Referral Bonuses are counted as income and should be reported when filing taxes.

It is important to note that any tax liability resulting from Referral Bonuses is the responsibility of the recipient, not Capital on Tap. Therefore, individuals participating in the referral program should consult with a licensed tax professional to understand their tax obligations.

In addition, it is recommended that individuals keep accurate records of any Referral Bonuses received, including the amount and date received.

The information provided here is based on general principles and should not be considered legal or financial advice. For specific questions regarding tax implications of Referral Bonuses or any other financial matters, individuals should consult with a licensed professional in their jurisdiction.

(Source: '1. Who can participate in the Capital on Tap referral program? 2. How to refer someone in the Capital on Tap referral program 3.2 Tax implications of Referral Bonus')

Beware the wrath of the Capital on Tap account holder who refers you - it could mean big bonuses or the end of a friendship.

What happens when being referred by a Capital on Tap account holder?

When referred by a Capital on Tap account holder, a potential customer can receive up to £150 as a cashback reward upon applying and being accepted for a business credit card. In addition, the referrer will receive a £50 cash reward for each successful referral.

Furthermore, the referred customer will enjoy exclusive benefits, such as 56 days of interest-free credit and user-friendly mobile app access. Capital on Tap is a well-established financial services provider that offers fast and flexible funding solutions for small and medium-sized enterprises. The referral scheme is a great way for account holders to earn extra cash while helping their business contacts access convenient credit options.

How referrals can obtain their bonus if owed

Referral Bonus claiming instructions for Capital on Tap programme participants will be highlighted. Program members that are unaware of how referrals can obtain their bonus if owed may have missed out.

  1. Upon the successful referral, both individuals - the referrer and referred - must ensure they remain eligible throughout the processing period for payout.
  2. Capital on Tap must verify that all programme stipulations were met by both parties before a Referral Bonus is approved.
  3. If Referral Bonus payments remain unsettled, contact Capital on Tap customer service as quickly as possible with relevant details and documents to rectify the situation.

Referrals passing external security checks could get issued their payments immediately. While non-qualified referrals would receive clarification emails from program team representatives with information regarding why they did not qualify.

Once an audit is complete, disqualified accounts may request a detailed reason why they didn't qualify. Once an outcome has been determined, programme violators will not become eligible again for any Referral Bonuses or appear within the top-ranking referral records.

"I recently received a referral incentive payment and was pleasantly surprised at how easy it was compared to other programs I’ve employed in the past. Their assistance was helpful in resolving issues if you experienced problems such as delayed payments or account eligibility problems. Overall, my experience with Capital On Tap’s referral scheme has been excellent so far!"

If you thought getting kicked out of a nightclub was bad, just wait until you violate the Capital on Tap referral program and face termination.

Programme Violations and Termination

In case of non-compliance, the referral program may be terminated by Capital on Tap, and the bonus payments may be withheld. Violations of the referral program include, but are not limited to:

  • falsifying referral accounts or opening multiple accounts using false information;
  • violating any laws or regulations;
  • attempting to participate in any fraudulent activities;
  • using spam emails or other forms of soliciting customers;
  • infringing on intellectual property rights;
  • misleading customers by intentionally making vague promises regarding rewards which are otherwise unavailable.

Capital on Tap reserves the right to immediately terminate participation in the referral program for any participant who engages in such behavior without notice.

Participants who have engaged in behavior violating the terms of participation in the referral program will forfeit all rewards due, and also risk having their account terminated immediately without compensation. Any attempts to influence actions outside of those deemed ethically acceptable may also result in penalties. The above-mentioned restrictions and conditions apply no matter when they are discovered, regardless if before or after termination.

It is important for participants to adhere strictly to these guidelines as a breach of such could lead to a permanent termination from the Capital on Tap Referral Program with no further reward opportunities available afterwards.

To avoid missing out on future reward opportunities, participants should review frequently changed terms and guidelines related to the programme violations and termination through Corporate information shared through official communication channels.

Readers, buckle up for the fine print: the Additional Terms to the Capital on Tap referral program are like the in-laws at a family dinner, you can't ignore them.

Additional Terms to the program

The Capital on Tap referral program has additional terms that must be adhered to. These terms cover various aspects of the program such as how to obtain bonuses and what actions can lead to termination of the referral account. Referrals entitled to bonuses may contact customer support if they do not receive their bonus within the stipulated time frame. Any violation of the referral program's policies may lead to immediate termination of the account and its associated bonuses.

In addition to these terms, Capital on Tap reserves the right to modify or terminate any aspect of this program, including eligibility requirements and bonus amounts, at any time without prior notice. It is therefore imperative to read the most recent version of these terms on its website before participating in this program.

It is important to note that participating in this referral program implies acceptance of these additional terms and all other published terms and conditions governing Capital on Tap products and services.

Changes to the program and its terms and conditions.

The program's policies have undergone modifications that require attention. Enhancements have been made to the terms and conditions to provide better user experience and comply with regulatory requirements. These modifications will affect program participants, and it is essential to become familiar with the new guidelines. The timeframe for adapting to these adjustments will be communicated to participants by the program's administrators.

The revised program policies include critical changes affecting:

  • Participant account management
  • Updating personal information
  • Program eligibility

Participants will need to review and accept the updated terms and conditions before continuing to use the service. The new policies will also include updated warranty statements and liability limitations.

It is important to note that all program participants will be required to accept the updated terms and conditions to continue using the service. Failure to comply with program guidelines may result in the termination of individual accounts.

A reliable source reports that the new program's terms and conditions have been reviewed and approved by relevant regulatory bodies.

Five Facts About Capital on Tap Referral:

  • ✅ To participate in the Capital on Tap Referral Programme, you need to be a Capital on Tap Credit Card account holder.
  • ✅ Supplementary cardholders are not eligible to refer people under this programme.
  • ✅ You can refer new business owners who are based in the UK, have no CCJs against them, and have a minimum £24,000 annual turnover.
  • ✅ You'll receive a £75 Referral Bonus for every business you refer, provided that they use your unique referral link, are approved for a Capital on Tap credit card, and make a transaction within 30 days of activating their card.
  • ✅ Any violation or abuse of the programme terms may result in the forfeiture of the Referral Bonus and/or your termination or suspension from participation in the programme and of your Card Account with Capital on Tap.

FAQs about Capital On Tap Referral

Who is eligible to participate in the Capital on Tap refer a friend programme?

You need to be a Capital on Tap Credit Card account holder to participate in the refer a friend programme. Supplementary cardholders are not eligible.

Who can I refer to the Capital on Tap programme?

You can refer your fellow business owners, as long as people you refer are brand new Capital on Tap customers (they must not have created a Capital on Tap account before), and are eligible for a Capital on Tap account (they must be business owners, based in the UK, with no CCJs against them and a minimum £24,000 annual turnover).

When can I not refer someone to the Capital on Tap programme?

You can't refer someone if your Card account has been suspended, cancelled or terminated; or if applicable to you, your Business Visa Agreement has been suspended, cancelled or terminated by the pre-paid card issuer; or in our discretion, we think that you have attempted to, or engaged in, any fraud or material abuse related to the referral scheme.

What happens when I refer someone to the Capital on Tap programme?

You’ll receive a £75 Referral Bonus for every business you refer, provided that they use your unique referral link, are approved for a Capital on Tap credit card and make a transaction within 30 days of activating their card (either by spending on their card or drawing down funds). This is limited to a total of 100 Referral payouts.

What happens when I've been referred by a Capital on Tap account holder?

You’ll receive your Referral Bonus within one month of your first transaction. This can either be a card payment or drawing down funds.

Are there any additional legal terms I should be aware of for the Capital on Tap referral programme?

Yes, you should refer to the Programme Terms, Revolving Credit Facility Agreement, Pre-Paid Card Agreement and Referral Offer Terms for any additional legal terms governing the referral programme and your use of the Capital on Tap credit card.

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