Capital One® Spark® Cash Select Good 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 Good Credit is an excellent cash back credit card with no annual fee and unlimited 1.5% cash back on all business-related purchases. It’s designed for those with good credit wanting fixed-rate cash back without having to monitor spending categories. 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.
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 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
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 Good Credit, we consider ongoing rewards first and introductory rewards next. We also look into the annual fee, introductory and ongoing annual percentage rates (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 Capital One® Spark® Cash Select Good Credit Is Best For
- You want a fixed-rate rewards card with no annual fee: It offers unlimited 1.5% cash back on every purchase without charging an annual fee. This is great for businesses that spend money in several categories.
- You need to make a big purchase: It offers a 0% introductory APR for 12 months after opening an account. Business owners needing to make a big purchase can take advantage of this by paying off their balance in 12 months, interest-free.
- You travel internationally for business: It’s ideal for business owners who travel internationally, as it doesn’t charge foreign transaction fees.
If this card doesn’t fit your needs, check out our guides to the best Capital One business credit cards and leading small business credit cards. You can also head over to our Credit Card Marketplace to find the right one for your business.
Capital One® Spark® Cash Select Good Credit Fees
APR
- Introductory APR: 0% APR on purchases for the first 12 months after opening an account
- Ongoing APR on purchases and transfers: 18.99%, 23.99%, or 26.99% variable, which adjusts with the prime rate
- Cash advance APR: 29.99% variable, which adjusts with the prime rate
- Penalty APR: 32.4% variable, which adjusts with the prime rate—applied to your account if 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 your previous balance is paid in full by the due date
- Minimum payment: Will be either the greater of $15 or 1% of your balance plus new interest, late payment fees, and any past due
Fees
- Annual: None
- Balance 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 Good 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
You can redeem your cash back upon request in the form of a statement credit or a check by mail. You can apply your rewards to a recent transaction made on your Capital One business credit card or redeem them for gift cards at restaurants, retailers, or hotels.
Automatic redemption is also available at a set time each calendar year or when a threshold has been reached. You can get cash back rewards for any amount at any time with no expiration date, as long as the account is active.
How To Make Payments on the Capital One® Spark® Cash Select Good Credit
- Mobile app: Use the Capital One Mobile app, which is available for iOS and Android users
- Phone: Call the number on the back of your credit card
- Online: Log in to your Capital One account and select “Make a payment”
- Nearest Capital One branch: Go to the nearest branch within your area
- Mail: Send either 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 like FedEx, UPS, or DHL, among others.
Capital One® Spark® Cash Select Good 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
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
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
Pros & Cons of the Capital One® Spark® Cash Select Good Credit
| PROS | CONS |
|---|---|
| Has no annual, balance transfer, and foreign transaction fees | Lacks an interest-free financing option on balance transfers |
| Offers an interest-free financing option on purchases | Has no sign-up bonuses |
| Provides free employee cards | |
Capital One® Spark® Cash Select Good Credit Alternatives
Capital One® Spark® Miles Select for Business
Capital One® Spark® Miles Select for Business
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:
Travel rewards and annual spending less than $19,000
Intro APR
0% on purchases
Regular APR
18.24% to 28.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent, Good
- Introductory reward worth $200 in travel after you spend $3,000 within the first three months
- 1.5x miles per $1 spent
- 5x miles on hotel and rental car bookings through the issuer
- Issue employee cards for free
Pros
- No foreign transaction fees
- Interest-free financing on purchases
Cons
- No 0% APR balance transfer offer
- Limited list of airline partners
- Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12-month period.
- Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
- Travel medical emergency assistance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.
Intro APR
0% on purchases
Regular APR
18.24% to 28.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent, Good
- Introductory reward worth $200 in travel after you spend $3,000 within the first three months
- 1.5x miles per $1 spent
- 5x miles on hotel and rental car bookings through the issuer
- Issue employee cards for free
Pros
- No foreign transaction fees
- Interest-free financing on purchases
Cons
- No 0% APR balance transfer offer
- Limited list of airline partners
- Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12-month period.
- Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
- Travel medical emergency assistance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.
- Capital One® Spark® Miles for Business is our top-recommended business credit card for travel and one of our best business credit cards for miles
- Has an interest-free financing option on purchases for the first nine billing cycles
- Doesn’t charge annual, balance transfer, and foreign transaction fees
- Offers a sign-up bonus of 20,000 miles (equivalent to $200 in travel) after spending $3,000 on purchases within the first three months after opening an account
- Lets you earn unlimited 1.5x miles on every purchase, with no blackouts or seat restrictions and no minimum to redeem
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 top cash back business credit card and one of our leading small business credit cards
- Offers an interest-free financing option on purchases for the first 12 billing cycles
- Doesn’t charge annual fees
- Has a sign-up bonus of $250 in statement credit after spending $3,000 in qualifying purchases within the first three billing cycles
- Provides 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
PNC Cash Rewards® Visa Signature®
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
- Offers a sign-up bonus of $400 after spending $3,000 in qualifying purchases within the first three billing cycles after opening an account
- Allows you to earn unlimited 1.5% cash back on all eligible net purchases
Bottom Line
Capital One® Spark® Cash Select Good Credit is a no-annual-fee card with fixed-rate cash back rewards for all business-related purchases. It’s ideal for those who travel regularly and need to make a large purchase. 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.
If this isn’t the right card for your business, visit our Credit Card Marketplace to find one that fits the bill.
