Capital One® Spark® Cash for Business Review

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Please Note: The Capital One® Spark® Cash for Business and Capital One® Spark® Classic for Business are currently unavailable through our site.

The Capital One® Spark® Cash for Business credit card is a simple cash back business credit card with some valuable introductory welcome offers. If you have good to excellent credit and qualify for the card, you can grow a business by earning unlimited cash back on every purchase, redeemable whenever you want with no minimums.

Capital One provides business owners with an array of business tools, including integration with accounting software, year-end reports and free employee cards that help you increase the cash back you earn. The unlimited cash back offer may be especially attractive to big business spenders, compared to other cards with lower rates or spending limits for earning.

What we like about the Capital One® Spark® Cash for Business Credit Card

  • Get unlimited 2% cash back on all purchases.
  • There are zero transaction fees for international purchases.
  • Get security features like fraud coverage and alerts, plus zero fraud liability if your card is lost or stolen. Get automatic fraud alerts via text, email or a phone call.
  • Get rental collision coverage for any damage or theft when you rent an eligible car, as well as a wide range of travel assistance emergency services when traveling, like ticket replacement and legal and medical referrals.
  • Get extended warranty (double the length of the manufacturer’s warranty) and protection on eligible card purchases, including purchase security like replacement, repair or reimbursement on eligible items within 90 days of purchase.

Things to consider

  • If you’re using business credit cards primarily for travel, you might want to consider a travel credit card for better rewards.
  • Smaller businesses may be more interested in cash back without an annual fee.
  • You’ll need good to excellent credit to qualify for this business credit card.
  • Capital One® Spark® Cash for Business credit card details

    The Capital One® Spark® Cash for Business credit card is designed with business owners in mind. You can get a custom, itemized spending report for your business and can view a list of recurring merchant transactions. Plus, integrate your card records with business applications like Quicken, Quickbooks and Excel. The Capital One Spring service also provides exclusive deals on business expenses.

    With employee cards, you can set personalized limits on spending for employee cards and see employee transactions instantly. You can designate an account manager to make payments and transactions, review transactions and resolve any problems. You can also instantly lock any card, including employee cards.

    The Capital One® Spark® Cash for Business credit card also enables business owners to find transaction details including merchant information on purchases, plus you can choose a monthly due date and set up AutoPay for automatic payments. Cardholders can manage their accounts online and on Captial One’s mobile app.

    Capital One® Spark® Cash for Business fees

    While the card isn’t tailored for travel, the lack of foreign transaction fees is a nice perk to this card. There are no transfer fees, either. Other fees with this card are standard for business credit cards. The fee for a cash advance is either $10 or 3% of the amount of each cash advance, whichever is greater. Late payment fees are up to $39.

    How does it compare to other cash back business credit cards?

    If you’re a small business owner with average credit who doesn’t qualify for the Capital One® Spark® Cash for Business credit card, you may like the Capital One® Spark® Classic for Business credit card. There’s a higher APR rate, but no annual fee. Plus, you earn 1% cash back for your business on every purchase and have access to all of Capital One’s business features.

    Small and midsize business owners may be interested in the American Express Blue Business Cash™ Card. You earn similar cash back up to a certain limit, with a solid intro APR period and a lower potential variable APR rate after the first year.

    Card Ongoing Purchase APR Annual Fee Intro Bonus Credit Needed Key features
    Capital One® Spark® Cash for Business 18.49% (Variable) $0 intro for first year; $95 after that Earn a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening Good to Excellent
    • Earn unlimited 2% cash back.
    • Get Capital One business credit card benefits, including fraud coverage, free employee cards and year-end summaries.
    • There are no foreign transaction fees.
    Capital One® Spark® Classic for Business 24.49% (Variable) $0 None Average, Fair, Limited
    • Earn unlimited 1% cash back.
    • Get Capital One business credit card benefits, including fraud coverage, free employee cards and year-end summaries.
    • There are no foreign transaction fees.
    American Express Blue Business Cash™ Card 13.24% - 19.24% Variable (See Rates & Fees) No annual fee (See Rates & Fees) None Good to Excellent
    • 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement. Terms Apply.
    • You must pay a 2.7% foreign transaction fee.

    The bottom line

    The Capital One® Spark® Cash for Business credit card is a simple cash back credit card for business owners, where there’s no need to track categories. If your business spending is primarily not related to travel, you can get meaningful cash back rewards, especially by taking advantage of the introductory offers. For business owners who don’t spend much on business expenses, other cash back cards may be a better fit considering the annual fee.

    For rates and fees of American Express Blue Business Cash™ Card, please click here.

    Editorial Note: Compensation does not influence our recommendations. However, we may earn a commission on sales from the companies featured in this post. To view a list of partners, click here. Opinions expressed here are the author's alone, and have not been reviewed, approved or otherwise endorsed by our advertisers. Reasonable efforts are made to present accurate info, however all information is presented without warranty. Consult our advertiser's page for terms & conditions.

The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

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