Capital One Spark Cash for Business Overview

Find out more about the Capital One Spark Cash for Business credit card with features & benefits, pros & cons and other useful information.

Updated on July 8th, 2019

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Capital One Spark Cash for Business is a small business credit card that gives you 2% cash back for all of your business purchases.

Capital One Spark Cash Features and Benefits:

2% cash back.

With the Capital One 2 cash back credit card, you earn 2% on all of your purchases. Your rewards are unlimited and you can redeem them at any time. That means more money in your pocket the more you use your Capital One 2 cash back card.

Low annual fee.

Capital One Spark Cash for business is affordable, with an annual fee of only $95.00. Even better, the first year is free!

Cash bonus for new members.

If you're ready to start using your new Spark card, Capital one will give you a $500.00 cash rewards bonus if you spend at least $4,500.00 in the first three months that your account is open.

Free employee cards.

Business accounts are usually used by more than one person. With Capital One's 2 percent cash back business credit card, you can order free employee credit cards. Employee credit cards can also be used to earn rewards.

Rates and Fees:

Rate or Fee Type

Amount

Annual Fee

$95.00

Variable APR

18.74%

Penalty APR

31.15%

APR for Cash Advances

24.74%

Capital One Spark Cash For Business
Review:

Pros: Free international transactions. Very secure.

Cons: Difficult for first-time applicants to qualify.

Bottomline: If you have an excellent credit score, Capital One Spark Cash for Business could save your business a lot of money.

Pros and Cons:

Pros

Cons

Generous cash back rewards.

High APR (18.74%).

No fees for international transactions.

No travel rewards like other business credit cards.

Purchase records can be downloaded for Quickbooks.

Requires an excellent credit score in order to qualify.

Fraud coverage and alerts via text, email or phone.

The application process is more rigorous than most.

Key Information:

Founder

Richard Fairbank, Nigel Morris

Founded

1988

Headquarters

McLean, VA

Number of Employees

10,000+

Number of Customers

3,000,000+

CEO

Richard Fairbank

Address

1680 Capital One Drive, McLean, VA 22102

Phone Number

+1 877-383-4802

Website

www.capitalone.com

Reviews:

Source

Review

FierceRabbit - ficoforums.myfico.com

It's a sweet card and they are generous with the SL. I got 50k and my wife got 30k, even tho they wouldn't give me a cli on my 750 limit capital one card. The cash back is available as soon as charges clear, so awesome.

SouthJamaica - ficoforums.myfico.com

it's very good. The only negatives are (1) Capital One often triple pulls for your application (but that's behind you now) and (2) it reports to personal credit (but you already knew that).

TruthHurts87 - ficoforums.myfico.com

I had been searching for a business credit card which offers great cash back as I don't really need travel points or rewards. Long story short, I applied for the Capital One Spark Cash and got approved with a $30k SL. Does anyone have experience with this card? Only downfall I noticed was it reports on your personal credit.

FAQs:

Does Capital One have a business credit card?

Yes. Capital One has three Spark business credit cards, namely Spark Cash, Spark Cash Select, and Spark Classic.

Learn more about Capital One Spark Cash for Business.

Does Capital One have a 2% cash back card?

Yes, the Spark Cash Credit Card from Capital One offers unlimited 2% cash back that can be redeemed at any time.

Learn more about Capital One Spark Cash for Business.

Is the Capital One Spark card good?

While it can be difficult for first-time applicants to qualify, the Capital One Spark Cash credit card can save your business a lot of money.

Read Capital One Spark Cash reviews to learn more.

Does Capital One report to Dun and Bradstreet?

Capital One's business credit cards report to three business credit bureaus, namely Dun & Bradstreet, Experian Business, and Small Business Financial Exchange.

Does Capital One have business checking?

Yes, Capital One offers two business checking accounts. Find more information here.

Learn more about Capital One Spark Cash for Business.

Does Capital One Business report to personal credit?

Capital One reports business credit card activity to consumer bureaus.

Does Capital One Spark have foreign transaction fees?

Capital One Spark does not charge any transaction fees when you use your card internationally. This makes it a convenient payment option on business trips.

Learn more about Capital One Spark's rates and fees.

How do I redeem my Capital One Spark rewards?

If you have started to earn cashback from your Capital One credit card purchases, you can redeem your rewards at any time by logging into your capitalone.com account and visiting the "Rewards" page.

Does the Capital One Spark credit card have annual fees?

The fees are waived for the first year, and after that, the card has an annual fee of $95.00.

Learn more about Capital One Spark's rates and fees.