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Capital One® Spark® Cash for Business: 2% Cash Back All The Time

Opinions, analyses, reviews, or recommendations expressed here are the author’s alone, and have not been reviewed or endorsed by the issuer. We may be compensated through the issuer’s Affiliate Program. For a full list of our advertisers, including American Express, see our disclosure page.


The Capital One® Spark® Cash for Business is a business credit card with an annual fee of $59 dollars (waived for the first year). The distinguishing feature of the card is its easy to use flat rate cash back rewards, that do not vary based upon spending category. 

  • High flat rate rewards
  • Annual fee 

Is the Capital One® Spark® Cash for Business Worth It?

With 2% cash back on all spending regardless of category, the Capital One® Spark® offers a very compelling rewards rate for any small business. For small business owners that may value flexibility and ease of use, the card offers a very flexible 2% back making it incredibly worthwhile. For comparisons sake, the only consumer and business cards that offer higher rewards rates have awards that are limited to travel. If your business is in the market for a balance between high rewards and ease of use, then the Capital One® Spark® Cash should definitely be on your list of considerations.

One thing potential card applicants should think about however is the amount of spending they're going to make on the card. The Spark® Cash's counterpart, the Spark® Cash Select that comes with no annual fee in exchange for a lower cash back rate of 1.5%. Once the annual fee kicks in during the second year of the more expensive card, you'll need to spend at least $11,800 for the 2% card to come out ahead. (Not accounting for bonuses)  Keep that in mind if you're looking between the two options. For smaller companies the Spark Cash Select will make much more sense overall.

Other Business Card Options

As we have highlighted, the main reason for a business to get the Spark® Cash is its high flat rate rewards. Companies with very broad spending patterns will benefit from this type of rewards structure. If however your small business has most of its credit card expenses in particular areas, other business cards may end up coming out ahead.

In particular cards like the Ink Business Cash℠ Credit Card, and Ink Plus® Business Credit Card cards have 5% rewards on things like office supplies and utility related expenses. If you anticipate more of your spending directed in these areas, the extra 3% points will easily be more worthwhile. On the otherside of the equation are the suite of business cards that cater to travellers, like The Platinum Card® from American Express and the Starwood Preferred Guest® Business Credit Card from American Express. The rewards and benefits of those cards are relaly only worthwhile for companies that forecast lots of travel related expenses and spending. 

Our Verdict

If you're going to be spending $12,000 annually and see expenses coming from all classification of categories, we think that the Capital One® Spark® Cash is the best card. It is one of the simplest credit cards available, making it an easy decision. Its why we named it one of our best credit cards for business owners.

Capital One® Spark® Cash for Business Benefits

Annual Fee $0 intro for first year; $59 after that
Purchase APR 17.99% (Variable)
Card Details
  • Earning unlimited 2% cash back could mean thousands of dollars each year going back into your business
  • Plus, a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening
  • Use Spark Cash across all your business spend, with no categories to limit your purchasing
  • $0 intro annual fee for the first year; $59 after that
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
  • Get employee cards at no additional cost, and earn rewards from their business spend

Note: The information in this box was provided by Capital One® and is not part of our independent analysis.

Applying for the Capital One® Spark® Cash

The Capital One® Spark® Cash is designated for businesses with Good or Excellent credit scores. Business owners running a new company with limited financial or credit history will need to have a personal guarantee to get approval for the card. Capital One® will take into account your personal finances and credit history when evaluating your application.

Comments and Questions

* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Now" button, you can review the credit card terms and conditions on the issuer's website.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program. 

These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

How We Calculate Rewards: ValuePenguin calculates the value of rewards by estimating the dollar value of any points, miles or bonuses earned using the card less any associated annual fees. These estimates here are ValuePenguin's alone, not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.