Capital One® Spark® Cash for Business Credit Card

Capital One® Spark® Cash for Business Credit Card

Card Details
Opportunity to earn $300 in bonuses
Rewards Rate: 2%
Annual Fee: $0 intro annual fee for the first year, $59 after that
APR: 13.9%-20.9% variable APR
Intro APR
Credit Needed: Excellent
Card Features
  • Earn 2% cash back on every purchase, every day
  • Earn a one-time $250 bonus once you spend $5,000 on purchases within the first 3 months
  • Earn a one-time $50 bonus when you sign up for one or more employee cards within the first 60 days
  • There’s no limit to the amount of cash back you can earn, and cash back never expires
  • $0 intro annual fee for the first year, then $59 after that
  • Opportunity to build business credit
  • Fraud protection if your card is ever lost or stolen
  • No foreign transaction fees
  • Capital One® Spark® business benefits include: free employee cards, year-end summaries, and experienced business customer service

Card Summary

$300 signup bonus, 2% cash back, $0 intro annual fee; $59 annual fee after that, 13.9%-20.9% variable APR

This is a great business credit card for businesses with high expenses. You earn 2% cash back on absolutely everything.

The sign up bonuses are good: $250 for spending $5,000 on purchases in the first 3 months, and an extra $50 for adding an employee within the first 60 days.

You will become a member of Capital One’s no hassle rewards program, which is just as it says. You can redeem your cash back at any time without any hassle. You can use your cash back as a statement credit or receive a check in the mail.

Some business credit cards don’t report on your credit report, but this card reports to all 3 credit agencies, so you have the opportunity to build credit for your business with responsible use.

The only down side is the $0 intro annual fee; $59 annual fee after that. However, businesses with high expenses should reap the benefits fairly quickly.

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