Capital One® Spark® Cash Select for Business

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The Capital One suite of business cards offers a little bit of everything to entrepreneurs. Where it shines, however, is the , which gives a beautiful balance of no annual fee and above-average cash back earnings without signing up for additional offers. Its attractive no-interest promo rate is a deal… Continue

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Slightly lower rewards rate and a lower APR

Capital One® Spark® Cash Select for Business

Intro APR 0% on purchases for 12 months
Annual Fee $0

Rates and Fees

Terms, Rates & Fees

Intro APR 0% on purchases for 12 months
Purchase APR 14.74% - 22.74% (Variable)
Annual Fee $0
Welcome Offer $200 Cash Back once you spend $3,000 on purchases within the first 3 months from account opening
Rewards Rate 1.5% Cash Back on every purchase.

Details

  • Earn unlimited 1.5% cash back for your business on every purchase, everywhere, no limits or category restrictions
  • Earn a one-time $200 cash bonus once you spend $3,000 on purchases within the first 3 months from account opening
  • Save on interest with 0% intro APR on purchases for 12 months; 14.74% - 22.74% variable APR after that
  • No annual fee
  • Free employee cards, which also earn unlimited 1.5% cash back on all purchases
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
  • $0 Fraud Liability if your card is lost or stolen
  • No foreign transaction fees

Nav's Verdict

Bottom Line A good option for businesses that are ok with a slightly lower rewards rate in exchange for a lower APR.

The Capital One suite of business cards offers a little bit of everything to entrepreneurs. Where it shines, however, is the Capital One® Spark® Cash Select for Business, which gives a beautiful balance of no annual fee and above-average cash back earnings without signing up for additional offers. Its attractive no-interest promo rate is a deal clincher.

Pros and Cons

Perks include:

  • 1.5% Cash Back on every purchase.
  • Redeem cash at any time
  • 0% on purchases for 12 months
  • No foreign transaction fees
  • No caps on earning
  • $200 cash bonus after $3,000 in purchases the first 3 months
  • $0 annual fee

Cons include:

  • No opportunities to earn higher cash rewards rates for special categories
  • Requires an excellent credit profile

Summary of the Capital One® Spark® Cash Select for Business

For a no-nonsense cash back reward card, the Capital One® Spark® Cash Select for Business is the best of the bunch. Part of the impressive line of Spark business cards from Capital One, it offers no annual fee with a simple rewards structure. Use the cash back for whatever you want, with almost no restrictions on how and where you can earn. If you’re a fan of Capital One and its business-friendly credit model, this is a pick you can be proud to carry.

Full Review

If you have above-average to excellent credit, it’s worth applying for this card, which is one of the few business cards with cash-back perks and a $0 annual fee. Its cashback program is modest in earnings at 1.5% Cash Back on every purchase. While 1.5% isn’t as competitive as some retail cards, it’s still higher than the low end of competing cards, which only give 1% back for “other” purchases that are made outside of specialty categories. Overall, you will probably earn more over the lifetime of this card, and earnings (which have no limit) can be cashed out at any time.

While the card isn’t heavy on travel perks, it does have some benefits, including emergency card replacement to get a new card or even cash 24/7 (worldwide) and auto rental damage waiver service. The purchase protection is a nice benefit, too, giving you 90 days of replacement, repair, or reimbursement for select items you buy with the card; it also doubles the manufacturer’s warranty on items you buy.

No annual fees give this card an extra boost, and the promo offer is one of the best out there right now for a cash-back rewards card. Earn $200 Cash Back once you spend $3,000 on purchases within the first 3 months from account opening. Use the cash to pay down your account balance, or cash it out for whatever you want. Rewards don’t expire as long as you keep your account in good standing.

Is the Capital One® Spark® Cash Select for Business Right for You?

For the business owner who wants no limits on how—and where—to earn, this card can’t be beaten. The cash back rate is competitive and unlimited, so you can buy what you want without overthinking which card to use. Free cards for your employees will help you earn even more and in less time, so it’s a great option for business owners who have a team who travels, buys supplies, and relies on credit to do their job. With no annual fee, there’s no punishment if you don’t use it as much as you wanted.

If you’re not sold on the terms of this card, keep in mind that Capital One has several other business cards that may be a good fit, including:

Another cashback card is the Capital One® Spark® Cash for Business business credit card, which offers a larger welcome offer of Earn up to $2,000: Earn a $500 cash bonus when you spend $5,000 in the first 3 months and $1,500 when you spend $50,000 in the first 6 months of opening your account. Limited Time Offer.. You’ll also earn a bit more per dollar spent (2% cash back). The annual fee is $0 intro for first year; $95 after that.

Capital One® Spark® Classic for Business is a business card for those with average credit and gives you 1% Cash Back on every purchase. It has a $0 annual fee. It’s a good credit-building card with a higher annual percentage rate than most.

Capital One® Spark® Miles for Business offers Earn up to 200,000 miles: Earn a bonus of 50,000 miles when you spend $5,000 in the first 3 months and 150,000 miles when you spend $50,000 in the first 6 months of opening your account. Limited Time Offer. Get 2 miles back on every $1 in purchases with this card that has an annual fee of $0 intro for first year; $95 after that.

Another travel option is the Capital One® Spark® Miles Select for Business, which has interest of 0% on purchases for 12 months and then an APR of 14.74% - 22.74% (Variable). Get 20000 Miles once you spend $3,000 on purchases within the first 3 months from account opening. There’s a $0 annual fee on this card which gives you 1.5 Miles per $1 on every purchase..

Frequently Asked Questions

Consumers commonly have the following questions regarding the Capital One® Spark® Cash Select for Business:

How much can I earn a year? Do my earnings expire?

Cash rewards don’t expire, as long as you remain an account holder in good standing. Don’t close your account without cashing out your rewards first. You can earn unlimited rewards through the program, but you won’t earn rewards for balance transfers, cash advances, and certain other non-purchase transactions.

How often will rewards be given?

Rewards are earned as you shop, but may only show up after each billing cycle, as a reward update on your statement. You can cash out at any time, however.

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About Author

Linsey Knerl

Linsey Knerl

Linsey Knerl is a Midwest-based author, public speaker and member of the ASJA. She has a passion for helping consumers and small business owners do more with their resources through awareness of the latest financial and tech services.

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