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finder.com’s rating: / 5
★★★★★
$200
Welcome offer
Up to 1.5%
Cash back
$0
Annual fee
0%
Intro purchase APR
for the first 9 months (then 13.99%, 19.99% or 23.99% variable)
Annual fee | $0 |
---|---|
Welcome Offer | $200 after spending $3,000 in the first 3 months |
Rewards | 1.5% cash back on all purchases |
Purchase APR | 0% intro for the first 9 months (then 13.99%, 19.99% or 23.99% variable) |
Balance transfer APR | 13.99%, 19.99% or 23.99% variable |
Recommended minimum credit score | 670 |
Issuer | Visa |
Review by
Kevin Joey Chen is a credit cards, banking and investments writer whose work and analysis have appeared on CNN, U.S. News & World Report, Business.com, Lifehacker and CreditCards.com. He's passionate about helping you get your finances in order by expertly navigating cutting-edge financial tools — including credit cards, apps and budgeting software.
The Capital One® Spark® Cash Select for Business comes with a $0 annual fee, a $200 signup bonus and a flat 1.5% cash back on everything you buy. It also comes with a 0% intro APR period on purchases during your first 9 months of card membership. This can help you stack up on inventories early on and pay them off without interest in the coming months.
The card is also great for travel as it comes with 0% foreign transaction fees, car rental insurance, ticket replacement, travel assistance and more. At no additional fee, you can add as many cards as you like for employees.
However, if you’re looking to make interest-free balance transfers and save money while you pay off your debt, this may not be a good business credit card option.
Because conditional credit approval is automated on the website, you may get a decision on your application within a few minutes. If more information is needed from you, it may take a few business days up to a few weeks.
After you’re approved, you’ll typically receive your card within seven to 10 business days.
To apply for the Capital One® Spark® Cash Select for Business, you must be:
To complete the application, you’ll need to provide information about yourself and your business, including:
You’ll have a better chance of being approved for the Capital One® Spark® Cash Select for Business if you apply with an excellent credit score of 670 or higher.
If you have a healthy business and excellent credit, your likelihood of approval is strong. Here are a few other factors that might affect your odds of approval:
The no-annual-fee Capital One® Spark® Cash Select for Business can be a good choice for businesses of all sizes. Because it offers 1.5% cash back on all purchases, it’s probably most effective if your business spends evenly in a variety of categories.
If your business has a high volume of spending in specific categories, you might earn more rewards from a different card. For example, the Ink Business Preferred® Credit Card offers 3x points in categories like travel, shipping purchases and select online advertising on up to $150,000 in combined purchases each card year, then 1x points after that. And if you take a lot of business flights, you might like an airline credit card.
Customers are typically impressed with the card’s cash back. Some note that the card is well suited for small and mid-sized businesses.
The Better Business Bureau has accredited Capital One with a rating of A as of October 2020. However, it sports a 1.13 out of 5 when it comes to a customer rating from an average of nearly 500 reviews. It fares little better on Trustpilot, earning a 1.4 rating out of 5 as of October 2020.
The Capital One® Spark® Cash Select for Business keeps things simple with 1.5% cash back on all purchases and a $0 annual fee. It’s a solid pick if you want a no-frills card that rewards a variety of spending.
If you’re not convinced this is the card for your business, compare your options with our guide to business credit cards.
Images: capitalone.com
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Our team evaluates credit cards to determine their value against similar cards on the market.
We rank card types — travel, cash back, business — on a set of factors that are most relevant to that type of card. We create these rankings to help you narrow down a credit card that best suits your spending and budget.