Capital One Spark Cash for Business review |

Spark® Cash from Capital One® review – March 2019

We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Spark® Cash from Capital One®

A low-fee business credit card with unlimited cash back.

30-second take

  • Get this card for unlimited 2% cash back on business spending.
  • Pick something else if you’re looking for a low intro APR.
  • Apply with a good to excellent credit score of 670 or higher.
Product NameSpark® Cash from Capital One®
Card TypeVisa
Annual Fee$0 intro annual fee for the first year ($95 thereafter)
APR (Annual Percentage Rate) for Purchases19.24% variable
Introductory Purchase APR


Balance Transfer APR18.74% variable
Introductory Balance Transfer APR


Cash Advance Rate25.24% variable
Foreign Transaction FeeNone
Cash Advance Fee$10 or 3% of the cash advance amount, whichever is greater
Interest Free PeriodUp to 25 days
Late Payment Fee$39
Additional Cardholder Fee$0
Minimum Age18 years of age
Welcome Offer$500 once you spend $4,500 on purchases within the first 3 months from account opening
RewardsEarn unlimited 2% cash back
Base Rewards2% cash back
Rewards Points ExpiryNever

The basics

As its name implies, the Spark® Cash from Capital One® card can earn you money back on business expenses. On top of unlimited cashback earnings, you’re eligible for a one-time $500 signup bonus after you spent $4,500 on purchases in the first 3 months your account is open. And Capital One waives the card’s annual fee for your first year. After that, the annual fee will be $95.

If you’re looking for a low-fee business card, Spark® Cash from Capital One® could be for you. Other business cards in the Spark® suite are the Spark® Cash Select from Capital One®, which offers an unlimited 1.5% cash back without an annual fee; the Spark® Classic for Business for those with fair credit looking for a cashback business card, and the travel-focused Spark® Miles from Capital One®, which earns you 2 miles for every dollar spent.

Our pick for cash back

Ink Business Cash℠ Credit Card

  • Earn $500 bonus cash back after you spend $3,000 on purchases in the first 3 months from account opening
  • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year
  • Earn 1% cash back on all other card purchases with no limit to the amount you can earn
  • 0% introductory APR for 12 months on purchases and balance transfers
  • Employee cards at no additional cost
  • No annual fee
Read less
Read more

The perks

  • Unlimited cash back.

    Get 2% cash back on all purchases with no limits as to how much you can earn. Redeem your cash back as a statement credit, a check or for credits toward previous purchases, gift cards and more.

  • Signup bonus.

    Spend $4,500 on purchases in the first 3 months your account is open to earn $500 in statement credit.

You’ll also like …

  • Visa® Business benefits.

    Get car rental insurance, purchase protection and 24/7 travel emergency services should you need medical, legal or other services while traveling.

  • Free employee cards.

    Add employee cards to your account at no additional cost and earn cashback rewards on all employee purchases.

  • No foreign transaction fees.

    You won’t pay fees on international transactions when you use your card abroad. Other cards charge up to 3% of each transaction.

  • Fraud alerts.

    Get real-time alerts for fraud attempts and $0 fraud liability if you lose your card or it’s stolen.

  • APR on purchases and balance transfers.

    The Spark® Cash from Capital One® comes with 19.24% variable APR on purchases and balance transfers. APRs for similar business cards can reach up to 20.74% variable.

Which Capital One Spark business credit card is best for you?

What to watch out for

  • Annual fee.

    Capital One has a $0 annual fee for your first year. After that, the annual fee will be $95. With 2% cash back on your purchases, however, you can offset the annual fee by spending $5,000 a year.

  • Late payment fees and interest.

    You’ll pay up to $39 for late payments. If you’re late twice within 12 billing cycles, Capital One may apply a penalty APR of 31.65% variable to your account. And you could be stuck with the penalty APR until you make 12 consecutive on-time payments.

  • No travel rewards.

    Airfare, hotel, rental car and other travel purchases won’t earn you additional rewards.

Best business credit cards for startups

Consider other cards if …

  • You’re looking for a travel card.

    For stronger rewards, consider the Spark® Miles from Capital One®. It’s similar to the Spark® Cash from Capital One®, except it offers unlimited 2x miles on all purchases. Redeem the miles you’ve earned through Capital One’s travel platform for bookings at a rate of 1 cent per mile.

  • You want higher cash back in specific categories.

    With a $0 annual fee, the SimplyCash® Plus Business Credit Card offers 5% cash back on wireless telephone services and supply stores in the US, 5% cash back in select categories and 1% on all other purchases. The 5% and 3% cashback rates apply on up to $50,000 in purchases a year, with rates then dropping to 1%.

    As a bonus, you’ll get a 0% intro APR on purchases up to your credit limit for 9 months. The rate reverts to 14.49%, 19.49% or 21.49% after the promotional period.

  • You spend a lot on gas and office supplies.

    The Business Advantage Cash Rewards Mastercard® credit card from Bank of America offers a strong 3% cash back on gas and office supplies on up to $250,000 annually, reverting to 1% after that. You can also earn 2% at restaurants and 3% on everything else. If you’re constantly on the road, this card could be a contender.

Top visa business cards

Compare business credit cards

Name Product APR (Annual Percentage Rate) for Purchases Introductory Purchase APR Annual Fee
18.24% to 23.24% variable


80,000 bonus points after you spend $5,000 on purchases in the first 3 months after account opening. That's $1,000 toward travel rewards when you redeem through Chase Ultimate Rewards®
15.49% to 21.49% variable
0% for the first 12 months (then 15.49% to 21.49% variable)
$500 bonus cash back after you spend $3,000 on purchases in the first 3 months after account opening
15.49% to 21.49% variable
0% for the first 12 months (then 15.49% to 21.49% variable)
$500 bonus cash back after you spend $3,000 in the first 3 months
None (Charge Card)


The first corporate card for startups. No personal liability or security deposit needed, meaning your personal credit score won't be affected.
None (Charge Card)


60-day interest-free financing for e-commerce businesses.
17.99% to 25.99% variable


$0 intro annual fee for the first year ($99 thereafter)
70,000 AAdvantage® miles after making $4,000 in purchases in first 4 months of account opening.
None (Charge Card)


Earn 50,000 points after spending $10,000 in the first 3 months. Plus earn 25,000 bonus points after spending an additional $10,000 in the same timeframe.

Compare up to 4 providers

What size business is the Spark® Cash from Capital One® good for?

Small businesses that don’t spend much on any one category of purchases — but spend enough to make the most out of the unlimited 2% cash back — could find this card rewarding.

Suppose your business spends $20,000 a month. After a year, you’d have earned $4,800 back in cash. The card’s $95 annual fee kicks in for your second year. But just $5,000 in purchases provide more than enough cash back to cover the fee.

What should I know before I apply

To apply for the Spark® Cash from Capital One®, you must be at least 18 years old and a US citizen or legal resident.

You’re required to provide information that includes:

  • Your business name, address and industry.
  • Ownership type, years in business and tax ID.
  • Your annual revenue and monthly expenses.
  • Your personal and financial information, including monthly housing costs.

What credit score do I need?

You can apply with a good business score of 670. But a high credit limit may require a higher credit score.

Keep in mind that Capital One conducts a triple pull on your credit history from TransUnion, Equifax and Experian, while other banks pull from one credit bureau only.

What’s my likelihood of approval?

To increase your chances of approval, apply with a good to excellent credit score of 670 or higher.

What do customers say about the Spark® Cash from Capital One®?

You’ll find customers online who claim that the Spark® Cash from Capital One® affected their personal credit. Some complain about receiving their low credit limit and spotty customer service. Still others say they’re satisfied with the card’s unlimited 2% cash back and guidance with improving their overall financial health.

Capital One Financial Corporation earns an A+ rating from the Better Business Bureau, which has accredited the bank since 1995.

How to apply for the Spark® Cash from Capital One®

  1. Visit Capital One’s website.
  2. Select the Spark® Cash from Capital One® from the list of business credit cards and click Apply now.
  3. Complete the application form with the required personal, financial and business information.
  4. Review your application and submit it.

How long will it take to be approved?

Capital One automates conditional approval on its website, which means you could see a decision in minutes if you’ve provided accurate information. Applications that need further review may take several business days for processing.

How long will it take to get my Spark® Cash from Capital One® card?

After approval, you should receive your card by mail in seven to 10 business days.

I got the card. Now what?

  • Set up automatic cash back. Visit Capital One online or call its rewards center at 1-800-228-3001 to set up when you’ll receive cashback rewards. You can specify each calendar year or after you a specific threshold of $25, $50, $100 or $200.
  • Avoid paying fees and interest. Avoid late fees of up to $39 by paying your balance on time and a potential penalty APR of 31.65% variable. Pay your statement in full in your grace period to avoid unnecessary interest on your purchases.
  • Earn more through employees. Get additional cards for your employees to earn more cash back.
  • Get help. For any questions, call Capital One’s customer service at 1-800-867-0904 or log in to your online account.

Top cash back business cards

Bottom line

The Spark® Cash from Capital One® card helps you earn unlimited cash back as you buy the things your business needs. It offers a consistent 2% cash back on your purchases with no limits on how much you can earn.

But with so many business cards out there, do your research before making a decision. Compare other Capital One credit cards or look into other card providers to find one that best suits your business.

Frequently asked questions about Capital One


Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site