Comparisons With Other Cards
Annual fee: Cardholders pay a $150 annual fee for Capital One Spark Cash Plus. The American Express Business Gold Card charges a $295 annual fee.
Rewards: Receive 2% cash back on every purchase with no limits or category restrictions when you use Capital One Spark Cash Plus. You can redeem cash back in any amount, and rewards won’t expire for the life of the account. The American Express Business Gold Card earns four points per dollar in the two categories where your business spends the most each month. Cardholders receive this rate on up to $150,000 in combined purchases annually and then get one point per dollar spent.
Sign-up bonus: Capital One Spark Cash Plus offers a $1,000 cash bonus; $500 once you spend $5,000 in the first 3 months, and $500 once you spend $50,000 in the first 6 months of account opening. The American Express Business Gold Card offers 70,000 rewards points after you charge $10,000 in eligible purchases in the first three months. Those points are worth $420 when used to cover card charges or $700 when you buy flights through American Express Travel.
Benefits: Earn a $200 cash bonus by spending at least $200,000 annually on Capital One Spark Cash Plus. You can add employee cards for free. Neither card charges a foreign transaction fee. The American Express Business Gold Card includes car rental loss and damage coverage, baggage insurance, and access to a 24/7 Global Assist hotline for help with travel. Terms apply.
Annual fee: You will pay a $150 annual fee to use Capital One Spark Cash Plus. Capital One Spark Miles for Business waives the annual fee for the first year and then charges $95 thereafter.
Rewards: Earn 2% cash back on every purchase with no limits or category restrictions when you use Capital One Spark Cash Plus. Cardholders can redeem cash back in any amount, and rewards won’t expire for the life of the account. You can get 5 miles per dollar on hotel and rental car bookings through Capital One Travel and 2 miles per dollar on all other purchases with Capital One Spark Miles for Business.
Sign-up bonus: Capital One Spark Cash Plus offers a $1,000 cash bonus; $500 once you spend $5,000 in the first 3 months, and $500 once you spend $50,000 in the first 6 months of account opening. You can earn 50,000 bonus miles after you spend $4,500 on Capital One Spark Miles for Business within three months of opening the card.
Benefits: Receive a $200 cash bonus by spending at least $200,000 annually on Capital One Spark Cash Plus. You can add employee cards for free. Neither card charges a foreign transaction fee. Capital One Spark Miles for Business comes with rental collision coverage, extended warranty protection, purchase security, and travel and emergency assistance.
How to Maximize Rewards With Capital One Spark Cash Plus
Cardholders don’t have to worry about shopping strategically because Capital One Spark Cash Plus earns 2% cash back on every purchase, with no limits or category restrictions. That means you can get money back whether you are using the card to buy office supplies or book business trips.
New cardholders can earn a $1,000 cash bonus; $500 once you spend $5,000 in the first 3 months, and $500 once you spend $50,000 in the first 6 months of account opening. A $200 annual cash bonus is available if you spend at least $200,000 on the card.
What Is the Capital One Spark Cash Plus’s APR?
This card charges no interest but requires you to pay off the balance monthly.
What Are the Fees Associated With Capital One Spark Cash Plus?
- Annual fee: The Capital One Spark Cash Plus charges a $150.
- Foreign transaction fee: none.
- APR: This card has no APR because your balance is due in full each month.
- Cash advance fee: The Capital One Spark Cash Plus charges a cash advance fee of either $3 or 3% of the amount of each cash advance, whichever is greater.
Should You Get Capital One Spark Cash Plus?
- Require a flexible spending limit.
- Pay off your balance monthly.
- Prefer a flat cash back rate to rotating bonus categories.
- Don’t mind an annual fee.
For Capital One products listed on this page, some of the above benefits are provided by Visa(R) or Mastercard(R) and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.