Full Review
The Capital One Spark Cash Plus 2
But there are some things to weigh before committing to the Capital One Spark Cash Plus 150
The welcome offer easily surpasses that expense, if you can meet the hefty spending requirements. But after that, you'd need to spend at least $7,500 on the card each year for the rewards to offset the fee. (Capital One does refund the fee if you spend at least $150,000 in a year.)
The Capital One Spark Cash Plus
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The Capital One Spark Cash Plus
» MORE: Best high-limit business credit cards
The
Capital One Spark Cash Plus
is best for small-business owners who:Want a cash-back business card with high flat-rate rewards.
Will spend enough to negate the annual fee — and earn the welcome bonus.
Have consistent enough cash flow to pay their bill in full each month.
If the Capital One Spark Cash Plus Capital One Spark Cash Select for Excellent Credit
That card eliminates the annual fee, lets you carry a balance and still offers flat-rate, unlimited cash back. The tradeoffs? The rewards rate is less ( 1.5
View rates and fees of Capital One Spark Cash Plus
View rates and fees of Capital One Spark Cash Select for Excellent Credit
View rates and fees of Capital One Spark Cash Select for Good Credit
View rates and fees of Capital One Spark Miles for Business
Capital One Spark Cash Plus
: Benefits and feesCard type: Small business.
Annual fee: $
150
.Sign-up bonus:
Earn a one-time cash bonus of $2,000 once you spend $30,000 in the first 3 months and an additional $2,000 cash bonus for every $500K spent during the first year.
Ongoing rewards:
Earn unlimited 2% cash back on every purchase, everywhere—with no limits or category restrictions. Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel.
Interest rate: No APR. The balance is due in full every month, so interest can’t accrue.
Foreign transaction fees: $.
Late payment fee:
2.99% of the unpaid portion
.Other benefits:
Get your annual fee refunded every year you spend at least $150,000.
Rewards won’t expire for the life of the account.
No preset spending limit.
Ability to set customized spending limits for each employee card.
(Benefits may change over time.)
Why you might want the
Capital One Spark Cash Plus
Generous, easy-to-manage rewards
Business credit cards often pay a flat cash-back rewards rate on most items plus a higher rate for purchases in certain categories, like gas or office supplies. The Capital One Spark Cash Plus 2
While some flat-rate cash-back business credit cards offer 2% back with no annual fee, most of those cards cap how much you can earn annually. Not the Capital One Spark Cash Plus 2
» MORE: Best cash back business credit cards
Welcome bonus
The Capital One Spark Cash Plus Earn a one-time cash bonus of $2,000 once you spend $30,000 in the first 3 months and an additional $2,000 cash bonus for every $500K spent during the first year. 150
Plus, you can get your $150 annual fee refunded every year you spend at least $150,000. For businesses with big operating budgets and steady cash flow, the welcome bonus plus the opportunity to have the annual fee refunded each year make the Capital One Spark Cash Plus
No foreign transaction fees
Like other Capital One business cards, the Capital One Spark Cash Plus
Why you might want a different card
Charge card vs. credit card
The Capital One Spark Cash Plus
If your business cash flow is robust, that might not be a problem. But if you tend to carry a balance on your business credit card during leaner months, other options may be better for protecting your credit, even if you accrue some interest.
If you're comfortable with a charge card but want some wiggle room, consider the Ink Business Premier® Credit Card. The two charge cards offer similar rewards, with the Ink Business Premier® Credit Card Earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases. Earn unlimited 5% total cash back on travel purchased through Chase Travel℠.
But the Ink Business Premier® Credit Card Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
Not a big enough spender
The Capital One Spark Cash Plus
That card also offers flat-rate 2% cash back — but caps those rewards at the first $50,000 spent each year (you'll get unlimited 1 Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months. Terms Apply.
No intro APR offer
Because you can’t carry a balance on the Capital One Spark Cash Plus 0% intro APR on Purchases for 12 months, and then the ongoing APR of 18.49%-24.49% Variable APR
» MORE: Best 0% APR business credit cards
Is the
Capital One Spark Cash Plus
right for you?As your business expenses grow, so do the rewards you could earn from the Capital One Spark Cash Plus
That said, if your business has unreliable cash flow, a traditional business credit card might be a better fit than a charge card.
For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.