In a Nutshell
Capital One offers several different Spark Capital One business credit cards for business owners to choose from. From annual fees to cash back rewards rates and intro APR, each card offers its own unique features. In this roundup, we’ll take a closer look at each card’s features to help you decide which card may be right for you.These offers are no longer available on our site: Capital One Spark Cash Plus, Capital One Spark Cash Select for Good Credit, Capital One Spark Classic for Business, Capital One® Spark® Miles for Business, Capital One® Spark® Miles Select for Business
Compare Spark Capital One business cards
| Capital One Spark Cash Plus | Capital One Spark Cash Select for Good Credit | Capital One Spark Classic for Business | Capital One® Spark® Miles for Business | Capital One® Spark® Miles Select for Business | |
|---|---|---|---|---|---|
| Annual fee | $150 | $0 | $0 | $95 (waived the first year) | $0 |
| Rewards | 2% cash back on all purchases | 1.5% cash back on all purchases | 1% cash back on all purchases | At least 2 miles per $1 spent | At least 1.5 miles per $1 spent |
| Employee cards | Free | Free | Free | Free | Free |
A business credit card can come in handy to help you cover expenses for your small business. Plus, it can also help you earn useful rewards and build business credit. Capital One’s Spark credit cards offer several different options to suit your small business’s needs.
- Capital One Spark Cash Plus
- Capital One Spark Cash Select for Good Credit
- Capital One Spark Classic for Business
- Capital One® Spark® Miles for Business
- Capital One® Spark® Miles Select for Business
- What you need to know about each card
- How to pick the right card for you
- Not sure any of these cards are for you? Consider these alternatives.
What you need to know about each card
From cards with no annual fees to cash back and travel rewards, there are a range of Capital One credit cards for small-business owners. If you’re considering one of these cards for your business, it’s a good idea to compare your options. Let’s take a closer look at what each card offers.
Capital One Spark Cash Plus
The Capital One Spark Cash Plus card may make sense for small businesses that want a flat 2% cash back rate and plan to spend a significant money on the card — especially in the first year. The card has a $150 annual fee, but if you spend at least $7,500 a year on the card you can easily cover your cost.
With this card you can also earn a sign-up bonus worth up to $1,000. You’ll earn $500 after spending $5,000 on purchases during the first 3 months from account opening — and you’ll get an additional $500 after spending $50,000 total on purchases during the first six months with the card.
Just keep in mind that while this card has no APR, you’ll have to pay your balance in full every month. If you don’t, you’ll be subject to a 2.99% late fee.
Read reviews of the Capital One Spark Cash Plus.
Capital One Spark Cash Select for Good Credit
The Capital One Spark Cash Select for Good Credit card has no annual fee. And you can earn unlimited 1.5% cash back on all purchases. If you qualify for the card through Credit Karma, you can get an introductory 0% purchase APR for the first 12 months of having the card. After that, the purchase APR jumps to a variable 20.74% - 28.74%.
Our review of the Capital One Spark Cash Select for Good Credit can help you see if this card is the right fit for your business.
Capital One Spark Classic for Business
The Capital One Spark Classic for Business card offers the lowest cash back rate of the Capital One Spark business credit cards.
But it does allow business owners with fair credit (according to Capital One) to potentially get access to a cash back credit card. It has a high 30.74% variable purchase APR, but it doesn’t have an annual fee. As long as you pay your balance off in full each month, the higher APR shouldn’t be a major issue.
Check out our review of the Capital One Spark Classic for Business card to learn more.
Capital One® Spark® Miles for Business
The Capital One® Spark® Miles for Business offers travel rewards instead of cash back. You’ll get five miles per $1 spent on hotels and car rentals booked through Capital One Travel, plus two miles for every other $1 you spend.
You can use miles to reimburse your business for travel purchases made on the card within the last 90 days, to book travel through Capital One Travel, or to transfer to participating partner programs. If you travel a lot for business, this card could be a good fit, but keep in mind it’s less flexible than earning straightforward cash back.
The card has a $95 annual fee that’s waived the first year.
Cardholders will also get a credit of up to $100 to cover the cost of a TSA PreCheck® or Global Entry application once every four years.
Capital One® Spark® Miles Select for Business
The Capital One® Spark® Miles Select for Business allows you to earn five miles per $1 spent on hotels and car rentals booked through Capital One Travel, plus 1.5 miles per $1 on all other purchases. It has no annual fee.
The card also offers a 0% introductory APR on purchases for the first nine months that you have it. After the intro period ends, the variable purchase APR jumps to 15.49% to 25.49%.
How to pick the right card for you
It’s a good idea to weigh out the pros and cons of each card when picking the right Spark Capital One card for your business. You’ll likely first want to consider if you’d prefer a straightforward cash back card or want to earn travel rewards.
And you’ll need to make sure you can financially swing any special requirements, like the annual fee or paying your balance in full each month.
If you prefer cash back, apply for the card that offers the strongest rewards for your credit level. And if you prefer travel rewards, you may have to run the numbers to see which travel card is more financially beneficial based on how you plan to use your miles.
Not sure any of these cards are for you? Consider these alternatives.
If there isn’t a Spark Capital One credit card that works for your business, here are a few more options to consider.
- Ink Business Unlimited® Credit Card: Small business owners who prefer Chase or want a card with unlimited cash back may like this business card.
- The American Express Blue Business Cash™ Card: This card’s straightforward rewards may appeal to business owners who don’t want to spend a lot of time maximizing points.
- Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card: If you’re looking for a card that offers cash back on bonus categories and everyday purchases, this card may work for your business.