Capital One Spark Cash Select for Good Credit is an excellent cash back credit card. It is designed for those with good credit standing who want to earn unlimited 1.5% cash back on all business-related purchases and be charged $0 annual fees. What’s more, business owners needing to make a big purchase can take advantage of its 0% introductory annual percentage rate (APR) for 12 months. However, this card lacks a sign-up bonus and an interest-free financing option on balance transfers.
card_name
BEST FOR:
Businesses with good credit that want a 0% introductory APR and fixed 1.5% cash back rewards
- Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
- Earn unlimited 1.5% cash back for your business on every purchase, everywhere - with no limits or category restrictions
Pros
- $0 annual, balance transfer, and foreign transaction fees
- Intro 0% APR on purchases
- Free employee cards
Cons
- No intro 0% APR on balance transfers
- No welcome offer
- High cash advance and penalty APRs
- Zero fraud liability: If your card is lost or stolen, you can get an emergency replacement and a cash advance
- Roadside assistance: Capital One offers services to help you during auto-related emergencies, such as jump-starting, tire changing, and towing
- Free employee cards: You can track employee spending while earning all the rewards from their purchases by issuing free employee cards. In addition, you can set customized spending limits for employee cards and see transactions as soon as they post
- Purchase records: You can quickly and securely download your purchase records in different formats, such as Quicken®, QuickBooks®, and Excel®
- Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
- Earn unlimited 1.5% cash back for your business on every purchase, everywhere - with no limits or category restrictions
Pros
- $0 annual, balance transfer, and foreign transaction fees
- Intro 0% APR on purchases
- Free employee cards
Cons
- No intro 0% APR on balance transfers
- No welcome offer
- High cash advance and penalty APRs
- Zero fraud liability: If your card is lost or stolen, you can get an emergency replacement and a cash advance
- Roadside assistance: Capital One offers services to help you during auto-related emergencies, such as jump-starting, tire changing, and towing
- Free employee cards: You can track employee spending while earning all the rewards from their purchases by issuing free employee cards. In addition, you can set customized spending limits for employee cards and see transactions as soon as they post
- Purchase records: You can quickly and securely download your purchase records in different formats, such as Quicken®, QuickBooks®, and Excel®
When grading fixed-rate cash back business credit cards like the Capital One® Spark® Cash Select Good Credit, we consider ongoing rewards first and introductory rewards next. We also look into the annual fee, introductory and ongoing APRs, and additional features.
Grading Criteria | Card Score | Highest Possible Score |
|---|---|---|
Ongoing Rewards | 30 | 30 |
Introductory Rewards | 0 | 20 |
Additional Features | 13 | 15 |
Annual Fee | 15 | 15 |
Introductory APR | 10 | 10 |
Ongoing APR | 5 | 10 |
Total Score | 73 | 100 |
Who the Capital One Spark Cash Select for Good Credit Is Best For
- Those who want a fixed-rate rewards card with $0 annual fees: It offers unlimited 1.5% cash back on every purchase while charging $0 annual fees. This is great for businesses that spend money in several categories.
- Those who plan to make a big purchase: It offers a 0% introductory period on purchases for the first 12 billing cycles.
See our recommended alternatives below if this card isn’t the best fit for your business.
Capital One Spark Cash Select for Good Credit Credit Rewards
- 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
Capital One Spark Cash Select for Good Credit Calculator
Based on your monthly expenses, determine your estimated annual cash back value from your Capital One Spark Cash Select for Good Credit. In our rewards calculator, enter your expected monthly spending to compute your potential rewards.
How to Redeem Capital One Spark Cash Select for Good Credit Credit Rewards
Your earned points will not expire so long as your account is active. There is no limit on the amount of rewards you can earn on your purchases, and you can redeem your cash back as a statement credit or a check. Also, you can set up an automatic redemption preference, with the options being setting the time each calendar year or meeting a specific threshold.
Capital One Spark Cash Select for Good Credit Credit Features
Account and Card Management
- Automatic payments: Set up AutoPay to avoid having to sign into your account every month to set payments.
- Year-end summaries: Get an itemized report of your spending to simplify budgeting and tax time.
- Purchase records: Quickly and securely download your purchase records in different formats, such as Quicken®, QuickBooks®, and Excel®.
- Free employee cards: Track employee spending while earning rewards from their purchases by issuing free employee cards; you can even set customized spending limits for employee cards and see transactions as soon as they’re posted.
- Payment flexibility: Pick your preferred monthly due date to pay for your card.
Service and Protection
- Zero fraud liability: Receive an emergency replacement and a cash advance in case your card is lost or stolen.
- Fraud and security alerts: Get an email or text message alert the moment Capital One detects a potential mistake or suspicious charge on your account.
- Extended warranty: Get free additional warranty and protection on eligible items that you purchase with this card.
- Card lock: You can lock your and your employees’ cards if they are misplaced, lost, or stolen.
Travel
- Roadside assistance: Capital One offers services to help you during auto-related emergencies, such as jump-starting, tire changing, and towing.
- Capital One Travel: Get the best prices on thousands of trip options, even after you book; pay flexibly using your earned rewards, a card, or both.
Capital One Spark Cash Select for Good Credit Fees
APR
- Introductory: 0% APR on purchases for the first 12 months after opening an account
- Ongoing and balance transfers: 21.24%, 26.24%, or 29.24% variable, adjusts with the prime rate (with a minimum payment of either the greater of $15 or 1% of your balance plus new interest, late payment fees, and any past due)
- Cash advance: 32.24% variable, adjusts with the prime rate
- Penalty: 34.65% variable, which adjusts with the prime rate—applied to your account if you make a late payment
Fees
- Annual: None
- Balance transfer: None
- Foreign transaction: None
- Cash advance: Either 5% of the amount of each cash advance or $5, whichever is greater
- Late payment: Up to $39
Your due date is at least 25 days after the close of each billing cycle. Note that interest will not apply on new purchases so long as the previous balance is paid in full by the due date.
- 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 (USPS) 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 Select for Good Credit Alternatives
American Express Blue Business CashTM
The American Express Blue Business Cash™ Card
BEST FOR:
Those who want better cash back rewards
- 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.)
- 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 plan to spend beyond your credit limit: It offers expanded buying power, where after meeting certain criteria, you will be able to spend beyond your assigned credit limit.
Other Benefits
- Earn up to 2% cash back on all eligible purchases
- Receive a $250 statement credit after spending $3,000 in purchases within the first three months from the date of account opening
- Issue employee cards at no additional cost
Despite the 2% cash back capping at the first $50,000 purchases, the ability to spend beyond your credit limit and $0 annual fee are why it is our top cash back business card and best small business credit card. For more options from the same issuer, you may check our guide to the best American Express business credit cards.
Capital One® Spark® Classic for Business
Capital One Spark 1% Classic
BEST FOR:
Those with fair credit
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No welcome offer
- Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability: If your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
- 1% cash back every time you swipe
- Build your business credit through responsible usage
- Issue employee cards for free
Pros
- Opportunity to build business credit
- Only requires fair credit to qualify
- Doesn’t charge annual and balance transfer fees
Cons
- Charges high ongoing APR
- Has no 0% introductory APR
- No welcome offer
- Automatic payments: Setting up AutoPay in the Capital One mobile app will save you from having to worry about signing in to your account every month
- $0 fraud liability: If your card is either lost or stolen, you can get an emergency replacement and cash advance.
- Purchase records: You can download all purchase records quickly and securely in multiple formats, including Quicken®, QuickBooks®, and Excel®.
- Extended warranty: Get free additional warranty and protection on eligible items purchased with your business credit card.
- Free employee cards: You can create multiple employee cards, track employee spending, and customize spending limits while earning all the rewards from their purchases.
When To Consider the Capital One® Spark® Classic for Business
- You are looking for an alternative Capital One business credit card: It only requires fair credit standing to qualify for the card and receive an unlimited 1% cash back on all purchases.
- You want to rebuild your credit history: When using this card responsibly, you can build and strengthen your credit.
Other Benefits
- Earn 1% cash back on all purchases with no limits or category restrictions
- Choose your preferred monthly due date, which can help control your business’s financial management
- Enjoy $0 annual and balance transfer fees
This card is our leading business card for fair credit. It is also included in our roundup of the best cards for new businesses with no credit history as it’s one of the few unsecured business credit cards that only requires fair credit standing to qualify. See our guide to the best Capital One business credit cards for more options from the issuer.
U.S. Bank Business Platinum Card
BEST FOR:
Extended 0% APR period on purchases 
U.S. Bank Business Platinum Card
Pros
Cons
Pros
Cons
When To Consider the U.S. Bank Business Platinum Card
- You need a long 0% introductory period: It offers a 0% introductory period on purchases for the first 18 billing cycles.
Other Benefits
- Track spending and manage finances through Visa Spend Clarity
- Pay off balances over time by dividing eligible purchases into affordable monthly payments through the U.S. Bank’s ExtendPay® plan
Its long 0% introductory period on purchases and balance transfers is why it is our best business card for balance transfers and one of our top business cards that don’t report to personal credit. If you are looking for an alternative from the same issuer, check out our list of the best U.S. Bank business credit cards.
Frequently Asked Questions (FAQs)
Where are the Capital One branches located?
Capital One has branches in Washington, D.C., and the following states: Virginia, Texas, New York, New Jersey, Maryland, and Louisiana.
How can I apply for the Capital One Spark Cash Select for Good Credit?
You can apply for it online. Note that Capital One will require personal information, such as your social security number, to verify your identity and pull your credit bureau data.
Can I indicate my private mailbox when applying for the card?
No, as federal law requires you to provide your physical address for Capital One to process your application. However, you may change your address to a private mailbox, such as a post office box/commercial mail receiving agency (CMRA) after opening your account.
Bottom Line
Capital One Spark Cash Select for Good Credit is a viable option for those with good credit standing wanting to earn rewards and be charged with $0 annual fees. On top of its interest-free financing option on purchases for the first 12 billing cycles, it offers unlimited 5% cash back on hotels and rental cars booked through Capital One Travel and unlimited 1.5% fixed-rate cash back on all purchases with no limits or category restrictions.
