Capital One® Spark® Cash Select Excellent Credit Review
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® Spark® Cash Select Excellent Credit offers unlimited 1.5% cash back on all purchases and no annual fee. It’s best for business owners who have excellent credit, prefer a low ongoing annual percentage rate (APR), and want to earn fixed-rate cash back rewards, regardless of spending categories.
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® Spark® Cash Select Excellent Credit
BEST FOR:
Businesses with excellent credit that want a lower ongoing APR
Intro APR
N/A
Regular APR
16.24%, 19.24%, or 22.24% variable
Annual Fee
None
Credit Needed
Excellent
- Unlimited 5% cash back on hotels and car rentals booked through Capital One Travel
- Unlimited 1.5% fixed-rate cash back on all purchases
Pros
- No annual fee
- $500 sign-up bonus when you spend $4,500 within three months
- Protection against lost or stolen cards
Cons
- No 0% intro APR
- Requires excellent credit
- May do a hard pull of your credit at application
- $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 card plus cash advance
- Roadside assistance: Emergency services such as jump-starting, tire changing, and towing
Intro APR
N/A
Regular APR
16.24%, 19.24%, or 22.24% variable
Annual Fee
None
Credit Needed
Excellent
- Unlimited 5% cash back on hotels and car rentals booked through Capital One Travel
- Unlimited 1.5% fixed-rate cash back on all purchases
Pros
- No annual fee
- $500 sign-up bonus when you spend $4,500 within three months
- Protection against lost or stolen cards
Cons
- No 0% intro APR
- Requires excellent credit
- May do a hard pull of your credit at application
- $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 card plus cash advance
- Roadside assistance: Emergency services such as jump-starting, tire changing, and towing
How We Evaluate Cash Back Rewards Business Credit Cards
When grading fixed-rate cash back business credit cards like the Capital One® Spark® Cash Select Excellent Credit, we give the most weight to ongoing rewards, with introductory rewards as the second bigger factor. We also consider the annual fee, introductory and ongoing annual percentage rates (APRs), and additional features.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 20 | 30 |
Introductory Rewards | 10 | 20 |
Additional Features | 13 | 15 |
Annual Fee | 15 | 15 |
Introductory APR | 0 | 10 |
Ongoing APR | 8 | 10 |
Total Score | 66 | 100 |
Who Capital One® Spark® Cash Select Excellent Credit Card Is Best For
- Those with excellent credit: It’s best for business owners with excellent credit. It offers an ongoing APR of 16.24% to 22.24%%, which is much lower compared to the Capital One® Spark® Cash Select Good Credit card.
- Those who want unlimited cash back rewards: It’ll let you collect rewards without limits or category restrictions.
If this card doesn’t fit the bill, see our guides to the leading Capital One business credit cards and best small business credit cards. You can also check out our credit card marketplace to find the right one for your business.
Capital One® Spark® Cash Select Excellent Credit Fees
APR
- Introductory APR: None
- Ongoing APR on purchases and transfers: 16.24%, 19.24%, or 22.24% variable, which adjusts with the prime rate
- Cash advance APR: 29.99% variable, which adjusts with the prime rate
- Penalty APR and when it applies: 32.4% variable, which adjusts with the prime rate and applies when you make a late payment
- Due date: At least 25 days after the close of every billing cycle; no interest on new purchases as long as the previous balance is paid in full by the due date each month—interest starts on cash advances and transfers on transaction date
Fees
- Annual: None
- Transfer: None
- Foreign transaction: None
- Cash advance: Either 3% of the advance or $10, whichever is greater
- Late payment: Up to $39
Capital One® Spark® Cash Select Excellent Credit Rewards
- Unlimited 5% cash back on hotels and car rentals booked through Capital One Travel
- Unlimited 1.5% fixed-rate cash back on all purchases
- $500 welcome cash bonus after spending $4,500 within the first three months after opening an account
You can redeem your cash back as a statement credit or a check. You can use your accumulated mileage points to either partially or fully pay for the TSA PreCheck® application.
How To Make Payments on the Capital One® Spark® Cash Select Excellent Credit
- Mobile app: Use the Capital One iOS or Android mobile app
- Phone: Call the number on the back of your credit card
- Online: Log in to your Capital One account and choose “Make a payment”
- Nearest Capital One branch: Look for branch nearest you
- Mail: Send a check or money order by United States mail using this address:
Capital One
Attn: Payment Processing
PO Box 71083
Charlotte, NC 28772-1083
- Overnight*: When sending overnight, use this address:
Capital One
Attn: Payment Processing
6125 Lakeview Rd., Ste. 800
Charlotte, NC 28269
*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, such as FedEx, UPS, or DHL.
Capital One® Spark® Cash Select Excellent Credit Additional Features
Account and Card Management
- Automatic payments: Set up AutoPay so that you don’t have to sign in to your account to make monthly payments
- Payment flexibility: Select your preferred monthly due date
- Year-end summaries: Receive an itemized report of your spending to simplify budgeting and tax time
- Purchase records: Download your purchase records in different formats such as Quicken®, QuickBooks®, and Excel®
- Free employee cards: Set customized spending limits for employee cards, monitor employee spending, earn rewards from their purchases, and see transactions as soon as they’re posted
Service and Protection
- Extended warranty: Get free additional warranty and protection on eligible items that you purchase with this card
- Zero fraud liability: Get an emergency replacement and a cash advance if your card is lost or stolen
- Fraud and security alerts: Receive an email or text message alert the moment Capital One detects a potential mistake or suspicious charge on your account
Travel
- Capital One Travel: Get the best prices on thousands of trip options, even after you boo, and pay flexibly using your earned rewards, a card, or both
- Roadside assistance: Capital One offers services to help you during auto-related emergencies, such as jump-starting, tire changing, and towing
Pros & Cons of the Capital One® Spark® Cash Select Excellent Credit
| PROS | CONS |
|---|---|
| Doesn’t charge annual, transfer, and foreign transaction fees | Has no an interest-free financing option on both purchases and balance transfers |
| Offers a sign-up bonus | Requires excellent credit to qualify |
| Provides protection against lost or stolen cards | May do a hard pull of your credit when applying |
Capital One® Spark® Cash Select Excellent Credit 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
17.49% - 25.49% 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, 17.49% - 25.49%, 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
17.49% - 25.49% 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, 17.49% - 25.49%, 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 our best cash back business credit card and one of our top-recommended small business credit cards
- Has an interest-free financing option on purchases for the first 12 billing cycles
- Doesn’t charge annual fees
- Provides a sign-up bonus of $250 in statement credit after spending $3,000 in qualifying purchases within the first three billing cycles
- Offers 2% cash back on all eligible purchases up to $50,000 per calendar year, then 1% cash back when the $50,000 cap is met
Chase Ink Business Unlimited®
Ink Business Unlimited® Credit 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:
Pocketing 1.5% cash back on every single purchase
Intro APR
0% Intro APR on Purchases
Regular APR
17.49% - 23.49% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- BEST OFFER EVER: Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less
Intro APR
0% Intro APR on Purchases
Regular APR
17.49% - 23.49% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- BEST OFFER EVER: Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
- Earn unlimited 1.5% cash back on every purchase made for your business
- No Annual Fee
- Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
- Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
- With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- 0% introductory APR for 12 months on purchases
Pros
- 0% introductory APR on purchases
- Unlimited cash back rewards on all purchases
Cons
- Introductory APR period doesn’t apply to balance transfers
- 5% balance transfer fee
- Charges foreign transaction fees
- Requires excellent credit to qualify
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes; it provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the United States and abroad
- Purchase protection: Covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account per year
- Extended warranty protection: Extends the time period of the US manufacturer’s warranty by an additional year on eligible warranties of three years or less
- Chase Ink Business Unlimited® is our leading small business credit card and top credit card for new businesses with no credit history
- Offers an interest-free financing option of 0% on purchases for the first 12 billing cycles
- Lacks annual fees
- Has a sign-up bonus of $900 cash back after spending $6,000 on purchases within the first three months after opening an account
- Provides unlimited 1.5% cash back on all business-related purchases
PNC Cash Rewards® Visa Signature® Business Credit Card
PNC Cash Rewards® Visa Signature® Business Credit Card
BEST FOR:
PNC Bank account holders who want to earn cash back rewards
Intro APR
0% for 9 billing cycles
Regular APR
15.24% to 24.24% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $250 cash bonus for spending $3,000 in the first three billing cycles
- 0% APR on purchases for the first nine billing cycles after opening an account
- Earn 1.5% cash back on all purchases
- No annual fee
Pros
- No annual fee
- Sign-up bonus
- Low ongoing APR
Cons
- Short 0% APR period
- No 0% APR period on balance transfers
- Online application not available for nonaccount holders
- Cash Flow Insight®: This tool helps you monitor your spending categories so that you can plan your budget.
- Business integrations: You can download your transactions into Excel®, Quicken®, or QuickBooks®, or use .csv files.
- Visa Signature® benefits: This card comes with Visa travel benefits and protection for purchases.
Intro APR
0% for 9 billing cycles
Regular APR
15.24% to 24.24% Variable
Annual Fee
$0
Credit Needed
Good - Excellent
- Earn $250 cash bonus for spending $3,000 in the first three billing cycles
- 0% APR on purchases for the first nine billing cycles after opening an account
- Earn 1.5% cash back on all purchases
- No annual fee
Pros
- No annual fee
- Sign-up bonus
- Low ongoing APR
Cons
- Short 0% APR period
- No 0% APR period on balance transfers
- Online application not available for nonaccount holders
- Cash Flow Insight®: This tool helps you monitor your spending categories so that you can plan your budget.
- Business integrations: You can download your transactions into Excel®, Quicken®, or QuickBooks®, or use .csv files.
- Visa Signature® benefits: This card comes with Visa travel benefits and protection for purchases.
- PNC Cash Rewards® Visa Signature® Business Credit Card is one of our best 0% APR business credit cards
- Has an interest-free financing option on purchases for the first nine billing cycles
- Doesn’t charge annual fees
- Provides a sign-up bonus of $400 after spending $3,000 in qualifying purchases within the first three billing cycles after opening an account
- Offers unlimited 1.5% cash back on all eligible net purchases
Bottom Line
Capital One® Spark® Cash Select Excellent Credit is a great card for those who have excellent credit and want to maximize the rewards they earned from business purchases. While it doesn’t have an interest-free financing option on both purchases and balance transfers, it doesn’t charge annual and transfer fees. In addition, it lets you earn unlimited 5% cash back on hotels and car rentals booked through Capital One Travel and unlimited 1.5% fixed-rate cash back on all purchases.
If this doesn’t fit your business needs, head over to our credit card marketplace to find one.
