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Capital One Spark Cash Plus is an excellent credit card designed for businesses that can pay their balance in full every month. This pay-in-full card offers unlimited 2% cash back rewards on all business-related purchases. It doesn’t have a preset spending limit, which means your credit limit adapts to your needs based on your spending behavior, payment history, and credit profile.
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.
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BEST FOR:
Businesses that want simple yet generous cash back
Intro APR
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Regular APR
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Annual Fee
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Credit Needed
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- Earn a one-time $750 cash bonus once you spend $7,500 on purchases within the first 3 months from account opening
- Get 2% cash back on all business-related purchases without limits or category restrictions.
- Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel.
Pros
- With welcome offer
- Offers unlimited 2% cash back on all purchases
Cons
- Charges annual fee
- Requires excellent credit to qualify
- Payment flexibility: Pick your preferred monthly due date to control when to pay your credit card bill.
- $0 fraud liability: You can get an emergency replacement and cash advance if your card is lost or stolen.
- Extended warranty: Get free additional warranty and protection on selected items purchased with your card
- Roadside assistance: Capital One offers services to help you during auto-related emergencies, such as jump-starting, tire changing, and towing).
- Free employee cards and spend limits: Track employee spending while earning all rewards from their purchases and set customized spending limits for each card.
Intro APR
intro_apr_rate,intro_apr_duration
Regular APR
reg_apr,reg_apr_type
Annual Fee
annual_fees
Credit Needed
credit_score_needed
- Earn a one-time $750 cash bonus once you spend $7,500 on purchases within the first 3 months from account opening
- Get 2% cash back on all business-related purchases without limits or category restrictions.
- Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel.
Pros
- With welcome offer
- Offers unlimited 2% cash back on all purchases
Cons
- Charges annual fee
- Requires excellent credit to qualify
- Payment flexibility: Pick your preferred monthly due date to control when to pay your credit card bill.
- $0 fraud liability: You can get an emergency replacement and cash advance if your card is lost or stolen.
- Extended warranty: Get free additional warranty and protection on selected items purchased with your card
- Roadside assistance: Capital One offers services to help you during auto-related emergencies, such as jump-starting, tire changing, and towing).
- Free employee cards and spend limits: Track employee spending while earning all rewards from their purchases and set customized spending limits for each card.
When grading pay-in-full business credit cards like the Capital One® Spark® Cash Plus, we consider the annual fee first. Then we look at the card’s rewards, additional features, penalties, and other fees.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Annual Fee | 15 | 30 |
Ongoing Rewards | 20 | 20 |
Introductory Rewards | 20 | 20 |
Penalties | 10 | 15 |
Other Fees | 10 | 10 |
Additional Features | 5 | 5 |
Total Score | 80 | 100 |
Who the Capital One Spark Cash Plus Is Best For
- Those who can pay their balance in full every month: Capital One Spark Cash Plus requires full monthly payments; otherwise, you’ll be charged penalties, and your account will be considered past due.
- Those who need a flexible credit limit: With the Capital One Spark Cash Plus, you won’t have a preset spending limit because your credit limit adapts to your needs and spending and payment behavior.
See our recommended alternatives below if this card isn’t the best fit for your business.
Capital One Spark Cash Plus Rewards
- bonus_miles_full
- 2% cash back on all business-related purchases without limits or category restrictions.
- Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel.
Capital One Spark Cash Plus Calculator
You can determine how much cash back you can earn from the Capital One Spark Cash Plus based on your estimated monthly expenses. Use our rewards calculator to compute your potential rewards—just enter your expected monthly spending, and our calculator will do the rest.
How To Redeem Capital One Spark Cash Plus Rewards
Points are yours for the life of the account and will not expire so long as your account is active. Also, there is no cap on the amount of rewards you can earn on your business purchases.
You can redeem your cash back upon request as a statement credit or check. You can also set an automatic redemption preference, with options including choosing your preferred set time each calendar year or when a threshold has been reached.
Capital One Spark Cash Plus Features
Managing accounts
- Purchase records: Quickly and securely download your records in multiple ways, such as via Quicken, QuickBooks, and Excel.
- Year-end summaries: Get an itemized report of your spending to help simplify budgeting and tax time.
- Payment flexibility: Pick your preferred monthly due date to control when to pay your credit card bill.
- Free employee cards and spend limits: Track employee spending while earning all rewards from their purchases and set customized spending limits for each card.
- Annual fee refunded: Waive your annual fee each year after spending at least $150,000, which will be reflected within two billing cycles from your rewards membership anniversary date.
- No preset spending limit: Acquire a no preset spending limit that adapts to your needs based on spending behavior, payment history, and credit profile.
Travel
- Roadside assistance: Get help from Capital One’s services during auto-related emergencies, such as jump-starting, tire changing, and towing).
- Capital One Travel: Get the best prices on thousands of trip options and pay flexibly with your rewards, card, or both.
Service and protection
- Fraud and security alerts: Get an email, text, or call if Capital One detects potential suspicious transactions or charges made on your account.
- $0 fraud liability: Get an emergency replacement and cash advance if your card is lost or stolen.
- Extended warranty: Get free additional warranty and protection on selected items purchased with your card
- Card lock: Lock your card or an employee’s if it has been misplaced, lost, or stolen.
Capital One Spark Cash Plus Fees
- Introductory and ongoing annual percentage rate (APR): reg_apr,reg_apr_type
- Annual fee: annual_fees
- Balance transfer fee: balance_transfer_fees
- Foreign transaction fee: foreign_transaction_fee
- Cash advance fee: cash_advance_fee
- Late payment fee: 2.99% of the outstanding statement balance
- Capital One Mobile: Use the app to ensure you pay your balances in full each month.
- Phone: Call (800) 227-4825 or the number on the back of your credit card.
- Online: Log in to your Capital One account and select “Make a payment.”
- In-person: Visit the nearest Capital One branch.
- Mail: Send a check by United States mail using this address:
Capital One
Attn.: Payment Processing
PO Box 71083
Charlotte, NC 28772-1083
- Overnight US Postal Service Priority mail usually doesn’t get delivered straight to a payment processing center and may not get processed the next day. To ensure overnight delivery and processing, use an express mail service like FedEx, UPS, or DHL, among others. : When sending overnight, use this address:
Capital One
Attn.: Payment Processing
6125 Lakeview Rd., Ste. 800
Charlotte, NC 28269
Capital One Spark Cash Plus Alternatives
American Express Blue Business CashTM
The American Express Blue Business Cash™ Card
BEST FOR:
Those who want better cash back rewards
Intro APR
0% on purchases
Regular APR
17.99% - 25.99% Variable
Annual Fee
No annual fee
Credit Needed
Excellent, Good
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.99% - 25.99%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- 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.
- No Annual Fee
- Terms Apply.
Pros
- 0% introductory annual percentage rate (APR)
- Welcome offer
- Fixed rate rewards
- $0 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. (Car Rental Loss and Damage Insurance can provide coverage up to $50,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.)
Intro APR
0% on purchases
Regular APR
17.99% - 25.99% Variable
Annual Fee
No annual fee
Credit Needed
Excellent, Good
- Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.99% - 25.99%, based on your creditworthiness and other factors as determined at the time of account opening. APRs will not exceed 29.99%
- 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.
- No Annual Fee
- Terms Apply.
Pros
- 0% introductory annual percentage rate (APR)
- Welcome offer
- Fixed rate rewards
- $0 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. (Car Rental Loss and Damage Insurance can provide coverage up to $50,000 for theft of or damage to most rental vehicles when you use your eligible Card to reserve and pay for the entire eligible vehicle rental and decline the collision damage waiver or similar option offered by the Commercial Car Rental Company. This product provides secondary coverage and does not include liability coverage. Not all vehicle types or rentals are covered. Geographic restrictions apply. Eligibility and Benefit level varies by Card. Terms, Conditions, and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.)
When To Consider the American Express Blue Business CashTM
- You need the expanded buying power feature: This card lets you spend beyond your credit limit through expanded buying power. Note that this feature will be based on your card usage, payment history, credit record, and financial resources.
Other Benefits
- Receive a $250 statement credit after spending $3,000 in purchases within the first three months from the date of account opening
- Earn 2% cash back on the first $50,000 in purchases per calendar year, then 1% after the cap is met
- Enjoy $0 annual fees
Apart from letting you spend beyond your credit limit, the card’s fixed-rate cash back rewards are why it is our top cash back business credit card and one of our leading small business credit cards. Check our list of the best American Express business credit cards for more options from the bank.
Bank of America® Business Advantage Customized Cash Rewards
Bank of America® Business Advantage Customized Cash Rewards Mastercard® credit card
BEST FOR:
Those who want to earn 3% cash back in a spending category of their choice
Intro APR
0%
9 billing cycles
9 billing cycles
Regular APR
18.49% - 28.49% Variable APR on purchases
Annual Fee
$0.00
Credit Needed
Excellent
- Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
- Earn 3% cash back in the category of your choice: gas stations & EV charging stations (default), office supply stores, travel, TV/telecom & wireless, computer services or business consulting services, 2% cash back on dining purchases and 1% cash back on all other purchases.
- You'll earn 3% cash back on purchases in the category of your choice and 2% cash back on dining purchases on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.
- You can earn up to 75% more cash back on every purchase, if you have a business checking account with Bank of America and qualify for Preferred Rewards for Business Platinum Honors tier. That means you could earn up to 5.25% cash back in your selected choice category and up to 3.5% cash back on dining purchases on the first $50,000 in those combined purchases each calendar year, and up to an unlimited 1.75% cash back on all other purchases.
- No annual fee.
- Choose how to redeem your cash rewards-as a deposit into your Bank of America® checking or savings account, as a card statement credit or as a check mailed to you. Cash rewards don’t expire as long as your account remains open.
- To change your choice category for future purchases, you must go to the Mobile Banking app or Business Advantage 360, our small business online banking. You can change it once each calendar month, or make no change and it stays the same.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Offers flexible redemption options
- $0 annual fee
- Welcome offer
Cons
- Premium cash back rewards are capped on a selected spending category
- Charges foreign transaction fees
- Short introductory APR period
- Access to a business credit score: Bank of America lets you view and monitor your Dun & Bradstreet business credit score for free through Business Advantage 360.
- Zero liability protection: Stay protected against unauthorized transactions. Bank of America offers additional protections that cover certain purchases against loss, damage, theft, or fire and provides extended warranty coverage.
- Fraud monitoring: Bank of America will block potential fraud if it detects abnormal patterns in your transactions. It’ll also notify you if it suspects any fraudulent activity.
Intro APR
0%
9 billing cycles
9 billing cycles
Regular APR
18.49% - 28.49% Variable APR on purchases
Annual Fee
$0.00
Credit Needed
Excellent
- Get a $300 online statement credit after you make at least $3,000 in purchases in the first 90 days of your account opening.
- Earn 3% cash back in the category of your choice: gas stations & EV charging stations (default), office supply stores, travel, TV/telecom & wireless, computer services or business consulting services, 2% cash back on dining purchases and 1% cash back on all other purchases.
- You'll earn 3% cash back on purchases in the category of your choice and 2% cash back on dining purchases on the first $50,000 in combined choice category/dining purchases each calendar year, 1% thereafter.
- You can earn up to 75% more cash back on every purchase, if you have a business checking account with Bank of America and qualify for Preferred Rewards for Business Platinum Honors tier. That means you could earn up to 5.25% cash back in your selected choice category and up to 3.5% cash back on dining purchases on the first $50,000 in those combined purchases each calendar year, and up to an unlimited 1.75% cash back on all other purchases.
- No annual fee.
- Choose how to redeem your cash rewards-as a deposit into your Bank of America® checking or savings account, as a card statement credit or as a check mailed to you. Cash rewards don’t expire as long as your account remains open.
- To change your choice category for future purchases, you must go to the Mobile Banking app or Business Advantage 360, our small business online banking. You can change it once each calendar month, or make no change and it stays the same.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Offers flexible redemption options
- $0 annual fee
- Welcome offer
Cons
- Premium cash back rewards are capped on a selected spending category
- Charges foreign transaction fees
- Short introductory APR period
- Access to a business credit score: Bank of America lets you view and monitor your Dun & Bradstreet business credit score for free through Business Advantage 360.
- Zero liability protection: Stay protected against unauthorized transactions. Bank of America offers additional protections that cover certain purchases against loss, damage, theft, or fire and provides extended warranty coverage.
- Fraud monitoring: Bank of America will block potential fraud if it detects abnormal patterns in your transactions. It’ll also notify you if it suspects any fraudulent activity.
When To Consider the Bank of America® Business Advantage Customized Cash Rewards
- You wish to earn premium rewards on the category of your choice: Aside from earning 2% cash back on dining purchases, you can earn 3% cash back on the category of your choice on your first $50,000 combined choice category/dining purchases each calendar year, then 1% cash back after the cap is met.
Other Benefits
- Get a $300 statement credit after spending at least $3,000 in net purchases within the first 90 days from the account opening
- Earn up to 75% more cash back through the Preferred Rewards for Business tier; this is available if you have an existing Bank of America checking account
- Access and monitor your business credit score through Business Advantage 360
This card made it to our roundups of the top business credit cards for consultants and leading limited liability company (LLC) credit cards because of the ability to earn premium rewards on the category of your choice. Learn about the other cards offered by this issuer by checking out our list of the best Bank of America business credit cards.
Frequently Asked Questions (FAQs)
Capital One has branches in the following states: Virginia, Texas, New York, New Jersey, Maryland, Louisiana, and Washington, D.C..
The card only reports to consumer credit bureaus if the account is not in good standing.
Bottom Line
Capital One Spark Cash Plus is a great option for businesses that can pay their balances in full every month and those that need a flexible credit card. While it lets you earn 2% cash back on all business-related purchases without limits or category restrictions, it requires you to meet a high spending limit within a short period to secure the introductory bonus.
Fit Small Business has partnered with CardRatings for our coverage of credit card products. Fit Small Business and CardRatings may receive a commission from card issuers.
