Capital One CLUB Business Mastercard® Review for 2023
Tricia has nearly two decades of experience in commercial and federal government lending. Her expertise is highlighted throughout small business loan content on Fit Small Business.
Nancy Fernandez is a Credit Card and Insurance Expert at Fit Small Business, specializing in business credit cards and business insurance.
This article is part of a larger series on Best Small Business Credit Cards.
Capital One CLUB Business Mastercard® is designed for business owners who run outdoor sports businesses, including fishing, boating, and camping. If you frequently shop at Bass Pro Shops and Cabela’s, you can enjoy a special annual percentage rate (APR) on your purchases without paying an annual fee. Additionally, you can use your card to make business-related purchases where Mastercard is accepted.
If you wish to compare one card over another, select a maximum of three cards on this page and click Add to compare to view the details in a side-by-side comparison.
Capital One CLUB Business Mastercard®
BEST FOR:
Those who are owners of outdoor sports businesses
Intro APR
N/A
Regular APR
7.99% on purchases made at Bass Pro Shops and Cabela's Either 19.49%, 22.49% or 31.24% variable on other purchases and transfers
Annual Fee
None
Credit Needed
- 5% back in CLUB points at Bass Pro Shops and Cabela’s
- 2.5% back in CLUB points at participating Cenex® convenience stores
- 1.5% back in CLUB points on all other purchases
Pros
- Doesn’t charge annual and foreign transaction fees
- Lower APR and premium rewards on purchases made at Bass Pro Shops and Cabela’s
- With sign-up bonus
Cons
- Has no 0% introductory APR
- With high cash advance and penalty APR’s
- Limited redemption options
- Payment flexibility: You can choose your preferred monthly due date, letting you control when you want to pay your pending bills.
- Employee cards: Track employee spending by set customized spending limits and monitoring transactions the moment they are posted.
- Purchase records: You can quickly secure and download purchase records in multiple formats — including Quicken®, QuickBooks®, and Excel®.
- $0 fraud liability: You won’t be held responsible for unauthorized charges if either your card’s or employees’ cards are either lost or stolen.
Intro APR
N/A
Regular APR
7.99% on purchases made at Bass Pro Shops and Cabela's Either 19.49%, 22.49% or 31.24% variable on other purchases and transfers
Annual Fee
None
Credit Needed
- 5% back in CLUB points at Bass Pro Shops and Cabela’s
- 2.5% back in CLUB points at participating Cenex® convenience stores
- 1.5% back in CLUB points on all other purchases
Pros
- Doesn’t charge annual and foreign transaction fees
- Lower APR and premium rewards on purchases made at Bass Pro Shops and Cabela’s
- With sign-up bonus
Cons
- Has no 0% introductory APR
- With high cash advance and penalty APR’s
- Limited redemption options
- Payment flexibility: You can choose your preferred monthly due date, letting you control when you want to pay your pending bills.
- Employee cards: Track employee spending by set customized spending limits and monitoring transactions the moment they are posted.
- Purchase records: You can quickly secure and download purchase records in multiple formats — including Quicken®, QuickBooks®, and Excel®.
- $0 fraud liability: You won’t be held responsible for unauthorized charges if either your card’s or employees’ cards are either lost or stolen.
How We Evaluate Business Rewards Credit Cards
When grading business rewards business credit cards like the Capital One CLUB Business Mastercard®, we rate the ongoing and introductory rewards the highest. We also consider the introductory and ongoing APRs, annual fees, other fees, and additional features.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Introductory Rewards | 15 | 20 |
Ongoing Rewards | 15 | 20 |
Introductory APR | 0 | 15 |
Ongoing APR | 12 | 15 |
Additional Features | 7 | 10 |
Annual Fee | 10 | 10 |
Other Fees | 8 | 10 |
Total Score | 67 | 100 |
Who the Capital One CLUB Business Mastercard® Is Best For
- Owners of outdoor sports businesses: Capital One CLUB Business Mastercard® is best for use at Bass Pro Shops and Cabela’s—both of which sell outdoor recreation merchandise.
If this card doesn’t fit the bill, then see our recommended alternatives below.
Capital One CLUB Business Mastercard® Fees
APRs
- Introductory: None
- Ongoing on purchases made at Bass Pro Shops and Cabela’s: 7.99%
- Ongoing on other purchases and transfers: Either 19.49%, 22.49%, or 31.24% variable, adjusts with the prime rate
- Cash advance: 31.24% variable, adjusts with the prime rate
- Penalty: 33.65% variable, adjusts with the prime rate; will apply to your account if you make a late payment
Fees
- Annual: None
- Balance transfer: 3% of the amount of each transferred balance
- Foreign transaction: None
- Cash advance: Either $10 or 4% of the amount of each cash advance, whichever is greater
- Late payment: Up to $40
Your due date is at least 25 days after the close of each billing cycle.
Capital One CLUB Business Mastercard® Rewards
- One-time bonus of $75 in CLUB Points after spending $1,000 within 60 days of account approval
- 5% back in CLUB points at Bass Pro Shops and Cabela’s
- 2.5% back in CLUB points at participating Cenex® convenience stores
- 1.5% back in CLUB points on all other purchases
You can use rewards to make purchases at Bass Pro Shops, Cabela’s, and BPS Resorts—including Big Cedar Lodge—restaurants, golf courses, and the Wonders of Wildlife Aquarium. Note that earned CLUB points don’t expire so long as the account is active.
How To Make Payments on the Capital One CLUB Business Mastercard®
- Online: Ensure that you’re enrolled in Capital One’s online banking site. Once you’re logged in successfully, select “Make a Payment” and enter the amount along with the date when you want the payment to be posted.
- Capital One Mobile: Similar to Capital One’s online banking site, you can pay through the iOS and Android mobile apps.
- Phone: Call (800) 227-4825 or the number found on the back of your card. Enter your card details when prompted and follow the prompts to pay off your card.
- Nearest Capital One branch: You can pay at the nearest Capital One branch during business hours.
- Mail: Send either a check or money order (not cash) to this address:
Capital One
Attn: Payment Processing
PO Box 71083
Charlotte, NC 28272-1083
Attn: Payment Processing
PO Box 71083
Charlotte, NC 28272-1083
- Overnight address: Alternatively, you can send your payment to this overnight address:
Capital One
Attn: Payment Processing
6125 Lakeview Rd., Ste. 800
Charlotte, NC 28269
Attn: Payment Processing
6125 Lakeview Rd., Ste. 800
Charlotte, NC 28269
Capital One CLUB Business Mastercard® Features
Account Management
- Payment flexibility: You can choose your preferred monthly due date.
- Year-end summaries: Get an itemized report of your spending to help simplify budgeting and tax time.
- Purchase records: You can secure and download purchase records quickly in multiple formats—including Quicken, QuickBooks, and Excel.
- Employee cards: Track employee spending by setting customized spending limits and monitoring transactions the moment they’re posted.
- Price match: If any price currently being offered by a local retailer or on a qualifying website is lower than the price offered by the Bass Pro Shops and Cabela’s, the Capital One CLUB Business Mastercard® will beat the price by 5% for the CLUB members at the time of purchase. Certain exclusions and limitations apply, as stated in the terms and conditions that come with your card. You may also go through its price match policy for full details.
Service & Protection
- Fraud alerts: You can receive an email or text message if Capital One detects a potential mistake or unexpected charge on your account.
- $0 fraud liability: You won’t be held responsible for unauthorized charges if your card’s or employees’ cards are lost or stolen.
- Customer support: Capital One has servicing agents ready to work with you and address any questions.
Capital One CLUB Business Mastercard® Alternatives
American Express Blue Business CashTM
American Express Blue Business Cash™ Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Those who want better cash back rewards
Intro APR
0% on purchases
Regular APR
17.74% - 25.74% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.74% - 25.74%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
Intro APR
0% on purchases
Regular APR
17.74% - 25.74% Variable
Annual Fee
No annual fee
Credit Needed
Good, Excellent
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. Cash back earned is automatically credited to your statement.
- From workflow to inventory to floor plans, your business is constantly changing. That’s why you’ve got the power to spend beyond your credit limit with Expanded Buying Power.
- Just remember, the amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to us and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.74% - 25.74%, based on your creditworthiness and other factors as determined at the time of account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% intro APR
- Welcome bonus
- Fixed rate rewards
- No annual fee
Cons
- Cash advance isn’t allowed
- Charges foreign transaction fees
- 2% cash back is capped at $50,000 in annual spending
- Expanded buying power: Enjoy flexible buying power when your business needs it. Expanded buying power gives you the freedom to spend beyond your credit limit and help get business done. While the amount you can spend above your credit limit isn't unlimited, it adjusts with your use of the card, your payment history, credit record, financial resources known to us, and other factors.
- Car rental loss and damage insurance: As a Card Member, You can be covered for damage to or theft of a rental vehicle in a covered territory when you use your eligible card to reserve and pay for the entire rental and decline the collision damage waiver at the rental company counter.
- American Express Blue Business CashTM is best suited for those who want fixed cash back rewards system, regardless of the spending category
- Lets you earn 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1% cash back if the cap is met
- Offers expanded buying power, allowing you to spend over your credit limit when needed
- Has a 0% introductory APR on purchases for the first 12 billing cycles
- Is our leading cash back business credit card and one of our best business credit cards for startups and small business credit cards
Capital One® Spark® Cash Select Good Credit
Capital One® Spark® Cash Select Good Credit
BEST FOR:
Businesses with good credit that want a 0% introductory APR
Intro APR
0%
Regular APR
20.24% - 28.24% variable, which adjusts with the prime rate
Annual Fee
$0
Credit Needed
Good
- Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
- Unlimited 1.5% fixed-rate cash back on all purchases with no limits or category restrictions
Pros
- No annual fee
- Ability to finance purchases with 0% APR for 12 months
- Free employee cards
Cons
- 0% APR doesn’t apply to balance transfers
- No sign-up bonus
- $0 foreign transaction fee: No foreign transaction fees on purchases made outside of the United States
- $0 fraud liability: Advance emergency replacement for lost and stolen cards plus a cash advance
- Roadside assistance: Services like jump-starting, tire changing, and towing
Intro APR
0%
Regular APR
20.24% - 28.24% variable, which adjusts with the prime rate
Annual Fee
$0
Credit Needed
Good
- Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
- Unlimited 1.5% fixed-rate cash back on all purchases with no limits or category restrictions
Pros
- No annual fee
- Ability to finance purchases with 0% APR for 12 months
- Free employee cards
Cons
- 0% APR doesn’t apply to balance transfers
- No sign-up bonus
- $0 foreign transaction fee: No foreign transaction fees on purchases made outside of the United States
- $0 fraud liability: Advance emergency replacement for lost and stolen cards plus a cash advance
- Roadside assistance: Services like jump-starting, tire changing, and towing
- Capital One® Spark® Cash Select Good Credit is ideal for those who want a Capital One business credit card with a long 0% introductory period
- Has a 0% introductory APR on purchases for the first 12 billing cycles
- Doesn’t charge annual, balance transfer, and foreign transaction fees
- Lets you earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel and unlimited 1% cash back on all purchases with no limits or category restrictions
- Is one of our preferred business credit cards for the self-employed
U.S. Bank Business Platinum
U.S. Bank Business Platinum Card
Fit Small Business's ratings are calculated by industry experts of our editorial team. Our grading rubric considers the type of credit card (such as cash back or travel), and the card's rates, fees, rewards, and additional features like insurance.
BEST FOR:
Extended 0% APR period on purchases and balance transfers
Intro APR
Regular APR
16.49% - 25.49% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good Credit
- U.S. Bank Business Platinum Card
- 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 16.49%-25.49%.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- Offers a long 0% APR introductory period
- 0% APR applies to both purchases and balance transfers
- No annual fee
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Excellent/good credit score needed to qualify
- Extended warranty protection: U.S. Bank will double an original manufacturer’s warranty up to an additional one year for warranties of three years or less. Coverage is limited to $10,000 per item.
- Purchase protection: U.S. Bank offers purchase protection for items that are damaged or stolen within 90 days of purchase. The coverage is limited to $500 per claim and up to $50,000 per cardholder, per year.
Intro APR
Regular APR
16.49% - 25.49% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good Credit
- U.S. Bank Business Platinum Card
- 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 16.49%-25.49%.
- Expense management tool VISA Spend Clarity is free to access and sync expenses, set employee card controls, generate reports, and more.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
Pros
- Offers a long 0% APR introductory period
- 0% APR applies to both purchases and balance transfers
- No annual fee
Cons
- No introductory and ongoing rewards
- Balance transfer fee is charged even during the introductory period
- Excellent/good credit score needed to qualify
- Extended warranty protection: U.S. Bank will double an original manufacturer’s warranty up to an additional one year for warranties of three years or less. Coverage is limited to $10,000 per item.
- Purchase protection: U.S. Bank offers purchase protection for items that are damaged or stolen within 90 days of purchase. The coverage is limited to $500 per claim and up to $50,000 per cardholder, per year.
- U.S. Bank Business Platinum is a viable option for those who need a long 0% introductory APR period
- Has a 0% introductory APR on both purchases and balance transfers for the first 18 billing cycles
- Doesn’t charge annual fees
- Won’t let you earn rewards for both new and existing cardholders
- Is our best 0% APR business credit card and business credit card balance transfer offers and one of our top business credit cards that don’t report to personal credit
See our guides to the best Capital One business credit cards and leading small business credit cards for additional options.
Bottom Line
Capital One CLUB Business Mastercard® is a great option if you own or run an outdoor sports business. You can enjoy rewards and perks at the Bass Pro Shops and Cabela’s and their subsidiaries. Remember that you can only use rewards in these shops and not as a statement credit. Other business credit cards offer a long 0% introductory APR period, have a fixed cash back rewards system, and let you spend over your spending limit.
