Rates and Fees
|Purchase APR||18.49% (Variable)|
|Annual Fee||$0 intro for first year; $95 after that|
|Welcome Offer||$500 Cash Back once you spend $4,500 on purchases within 3 months from account opening|
|Rewards Rate||2% Cash Back for your business on every purchase, everywhere.|
- Earn a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening
- Earn unlimited 2% cash back for your business on every purchase, everywhere, no limits or category restrictions
- $0 annual fee for the first year; $95 after that
- Free employee cards, which also earn unlimited 2% cash back on all purchases
- $0 Fraud Liability if your card is lost or stolen
- Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
- No foreign transaction fees
Any business owner who needs a versatile cash-back rewards credit card will be pleased with the balance of offerings from the . With a generous bonus offer that gives you a chance at cash back right away and no annual fee for the first year, it’s one of the most competitive reward cards on the market.
Pros and Cons
- Redeem cash at any time
- No foreign transaction fees
- No caps on earning
- No special lower intro interest rate
- No opportunities to earn higher cash rewards rates for special categories
- Annual fee of $95 after the first year
- Requires an excellent credit profile
Summary of the
Savvy entrepreneurs will find using and earning with this card very easy. There are no categories to sign up for, just a straight . Get free, extra cards for your employees, and watch the earnings add up. Like the other Spark business cards, it accepted virtually everywhere and has security features like fraud protection and no foreign transaction fees. You’ll also get the trusted customer service that Capital One is known for providing to both business and consumer cardholders.
With business owners needing a card that will be there while in the office—and at home—it’s important to take note that this card comes with Visa Signature Business card perks, including 24/7 emergency card replacement, so you can get a new one quickly if yours is lost or stolen. It also includes auto rental coverage, so you don’t have to take the expensive policy the rental agency offers you.
This card is perfect for business purchases; not only will you earn 2% back on everything you buy, but you’ll also have the peace of mind that comes with knowing your item will be replaced, repaired, or reimbursed if something happens to it within the first 90 days (for eligible items.) There is also a very beneficial warranty perk that doubles manufacturer coverage on things you buy.
These common perks are in addition to those unique to the , which offers a very competitive intro offer of a —which is in addition to the standard 2% you’re earning anyway. With an annual fee of and earnings that never expire, this is a card that should make most business owners feel empowered to shop, save, and earn without giving their spending habits a second thought.
Is theRight for You?
This card requires very good to excellent credit to qualify, so it’s a wise pick if you have a good business or personal credit score. Because it’s open to those with more favorable credit, it has some better-than-average perks, such as that attractive 2% earning rate, which is twice what most cards give for their general earning categories. The intro offer is appealing, as well, and one of the better bonuses on the market.
If you can’t qualify for this card, or would rather earn rewards another way, other cards may be a better fit. They include:
For a competitive cash back card with similar benefits, consider Capital One’s business credit card. It has a slightly lower intro bonus, but also requires less spending. Get . There is no annual fee and rewards cardholders with a straight .
If your credit is a little lackluster, you might find the card a better choice. It’s available for those with average credit and offers . There is a annual fee, so you can afford to build your credit while you get money back for the things you buy. It’s a great starter card for businesses who need to establish a business credit profile.
Many business owners prefer travel rewards, and Capital One has you covered with two cards designed to help you earn miles quickly. The , gives you It also comes with . Skip the annual fee the first year while you see if this is a good fit.
For a similar card with no annual fee, try the . This card has many of the same benefits but only offers . Its bonus offer is a bit smaller at , but there’s no annual fee on this popular travel rewards card.
Frequently Asked Questions
The most common questions applicants and cardholders have about the are these:
What is the earning limit for this card?
There are no limits to your 2% cashback earnings, and you can cash out in any increment. Rewards are not given for balance transfers, certain lottery or gambling purchases, and cash advances.
Will my rewards ever expire?
Cash earned through the rewards program is available to you to cash out or apply to your statement balance as long as you remain a cardholder in good standing. These rewards will not expire while you own your account.
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