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Capital One Spark Cash Plus

Credit needed
Excellent, Good
APR
N/A
Annual Fee
$150

Card Summary

Capital One Spark Cash Plus is a credit card that gives you 2% cashback on all purchases. There are no restrictions or limits. The card does not have a spending limit so your limits are flexible.

Cardholders who are new can receive a $500 cash bonus if they spend $5,000 within the first 3 months, and $500 if you spend $50,000 over the next 6 months. You can also earn an annual cash bonus, but the card charges $150 annually.

The Capital One Spark Cash Plus card Review:

Small-business owners who have good credit and don't require to keep a balance or need a spending limit that adjusts to their requirements may find this card a great choice.

If you do not want an annual fee and want more cashback for your purchases, then consider other cards.

Card Summary - Cons

Rates and fees

Issuer Name
Capital One
Penalty APR
N/A
Credit Needed
Excellent, Good
Balance Transfer Fee
N/A
Annual Fee
$150
Cash Advance Fee
N/A
APR
N/A
Foreign Transaction Fee
None
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Here’s a smart way to pay off

Capital One

The Best Features

You get 2% cash back on every purchase, without any restrictions or limits.

Two stages offer a cash bonus up to $1,000 for cardholders who sign up.

Cardholders that spend less than $200,000. Receive a $200 cash bonus.

Rewards

Sign up bonus

APR Requirements

Drawbacks

Annual fees for cardholders are $150Every month, your balance must be paid in full.

Highlights

You can earn up to $1,000 in cash bonuses. $500 if you spend $5,000 within the first three months. $500 if you spend $50,000 after 6 months.

Unlimited 2% cash back on every purchase, anywhere, No Limits or Category Restrictions. Spend $200,000 to earn an annual $200 cash bonus.

It comes with no pre-set spending limit. This allows it to adapt to your specific needs, based on your credit history, spending habits, and payment history.

You can get your rewards back at any time, regardless of how much you spend. Get unlimited cashback on purchases by adding employee cards to your company's free card program. $150 Annual Fee.

Spark Cash Plus does not have an APR, as your monthly balance must be paid in full.

Benefits

Comparative Analysis with Other Cards

Capital One Spark Cash Plus and American Express Business Gold Card

Capital One Spark Cash Plus annual fee: The $150 fee is payable annually by cardholders. Annual fee for the American Express Business Gold Card is $295.

Capital One Spark Cash Plus offers rewards: Get 2% cashback on all purchases, without any restrictions or limits. Cashback can be redeemed in any amount and the rewards will not expire over the lifetime of your account. American Express Business Gold Card gives you four points for every dollar spent in the categories that your company spends most. This rate is available for purchases up to $150,000 combined and cardholders get 1 point per dollar.

Capital One Spark Cash plus offers a $500 cash bonus as a sign-up bonus. This is $500 after you spend $5,000 in the first 3 months, and $500 after you have spent $50,000 within the 6 months. After you spend $10,000 on eligible purchases within the first three month, your American Express Business Gold Card will give you 70,000 reward points. These points can be used to pay card fees or for $700 for flights booked through American Express Travel. You can earn a $200 cash bonus if you spend at least $200,000 each year on Capital One Spark Cash Plus.
Employee cards can be added for no cost.

There is no foreign transaction fee with either card. American Express Business Gold Card provides car rental damage and loss coverage as well as baggage insurance. It also gives access to the 24/7 Global Assist Hotline, which can be used for assistance with travel. These terms apply.

Capital One Spark Miles Plus vs. Capital One Cash Plus

Capital One Spark Cash Plus will charge you $150 annually. The annual fee is waived by Capital One Spark Miles Business for the first year, and $95 for each subsequent year.

Capital One Spark Cash PLUS offers rewards: Get 2% cashback on all purchases, without any restrictions or limits. Cashback can be redeemed in any amount by cardholders, and the rewards don't expire over the lifetime of your account. Capital One Travel offers 5 Miles per Dollar for hotel or rental car reservations. Capital One Spark Miles Business gives you 2 Miles per Dollar on any other purchase.

Capital One Spark Cash Plus offers a sign-up bonus of $1,000. It is $500 if you spend $5,000 within the first three months, and $500 if you spend $50,000 over the next six months. After you have spent $4,500 in Capital One Spark Miles Business within the first three months of opening your card, you can get 50,000 bonus points.

Benefits: Earn $200 Cash Bonus when you spend at least $200,000 per year on Capital One Spark cash Plus. Employee cards can be added for no cost. Foreign transaction fees are not charged by either card.

Capital One Spark Miles Business includes rental collision coverage and extended warranty protection. It also offers purchase security and assistance with travel and emergencies.

Redeeming Rewards

Maximizing Rewards

Annual Fees

Conclusion

Do You Need Capital One Spark Cash Plus?

You will need to be flexible with your spending limits.

Monthly payment of your balance.

You prefer a flat rate of cashback to the rotating bonus categories.

You don't have to pay an annual fee.

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Capital One