Capital One Spark Cash for Business review

Kendall Little Avatar
Kendall Little Twitter logo @kendallnlittle  in  Business How we rate our cards  |  Advertiser Disclosure
Capital One Image

Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Annual Fee:
$0 intro for first year; $95 after that
Purchase Intro APR:
Balance Transfer Intro APR:
Regular APR:
20.99% (Variable)
Terms and Restrictions Apply

Bankrate Rating

This card offer is currently unavailable on Bankrate. To see more cards in this category, please visit our business category page.

The information about the Capital One Spark Cash for Business credit card has been collected independently by The card details have not been reviewed or approved by the card issuer.

Capital One Spark Cash for Business: Details and benefits

Capital One Spark Cash for Business ranks among the best business rewards credit cards on the market, edging out other business cards – including those offered by Capital One — because of its rewards flexibility.

We love that this card pays the same flat rewards rate on cards issued to employees as those issued to the business owner. Plus, employee cards come with no annual fee. Capital One waives the annual fee for the first year on the owner’s card. You’ll pay $95 a year thereafter.

Bankrate tends to favor rewards credit cards that make it easy on the cardholder to collect. Capital One Spark Cash for Business certainly does that with a 2% cash-back reward for all spending.

We also like that this card charges no foreign transaction fees, meaning if you or your employees do business outside the U.S., you won’t have to pay extra when putting spending on your credit card.


  • Cardholders earn an unlimited 2% back on every purchase.
  • You’ll earn a bonus of $500 if you spend at least $4,500 in the first three months.
  • Employee cards earn the same cash-back rate, all credited to the main cardholder’s account.


  • The Capital One Spark Cash for Business does not come with an introductory APR offer like on other small business credit cards.
  • The penalty APR for late payments is high, plus there’s a penalty fee, so if your business might not make a payment on time, you may want to consider a card with a more forgiving policy.
  • The balance transfer APR is high so this card may not be a good choice for those looking to save on interest charges.
  • If you rarely use this card, the annual fee after the first year may not be a good fit.

Is it worth it for you?

The Capital One Spark Cash for Business card will most likely appeal to business owners who want to keep things simple. This card is probably right for you if your expenses vary over the course of the year and aren’t concentrated in one specific category, like gas or office supplies.

This is an especially good card if your business expenses aren’t concentrated in traditional small-business-specific categories. There are other cards that offer more generous rewards in spending categories typically associated with businesses, but be prepared to track your category spending.

For business owners who put a fair amount on their credit cards, the welcome bonus may be a key to your decision to apply: You’ll earn $500 if you spend $4,500 on purchases within three months of account opening.

Get the most value from Capital One Spark Cash for Business

Like with most credit card choices, maximizing this card’s value comes down to your (or, in this case, your business’) spending habits. If you spend heavily on office supplies, for example, there are better options that could earn you hundreds of extra dollars in cash-back rewards every year.

But if you spend across a broad range of categories, this card can bring you more overall value throughout the year. Even spending just $1,000 on business expenses each month will earn you $240 cash back annually.

Along with the rewards, sign-up bonus and the free employee cards that also earn cash back, this card also comes with Visa Business benefits like auto damage and collision protection, emergency and travel assistance services and purchase protection, all of which can boost your value tremendously if you take advantage of them.

How to redeem rewards

Your Spark Cash for Business cash back never expires (for the life of the account) and you can redeem it in any amount at anytime. There is no fee to redeem your cash back.