card_name is one of several business cards Capital One offers. It’s interesting to see Capital One’s strategy in the business credit card space. Traditionally, Amex and Chase led the market in terms of business credit card offerings. Now, Capital One is on the action in earnest.
One of the primary reasons to apply for Capital One Spark Cash Plus is the earning structure. This card keeps it simple by only offering earn rates on two bonus categories – everyday spending and Capital One Travel.
Capital One Spark Cash Details
For a limited time, earn up to a $3,000 cash bonus: $1,500 once you spend $20,000 in the first 3 months, and an additional $1,500 once you spend $100,000 in the first 6 months.
Capital One Spark Cash Plus has a $150 annual fee. Separately, card members do not pay foreign transaction fees. This card has no preset spending limit, so you get purchasing power that adapts to your spending needs.
Capital One Spark Cash Credits
The Capital One Spark Cash Plus comes with up to a $100 statement credit for Global Entry or TSA PreCheck. Your card must be used when paying for Global Entry or TSA PreCheck to receive the statement credit.
Capital One Spark Cash Perks
The ability to earn a Cash Bonus and a Travel Purchase Eraser is the perks that come with the Capital One Spark Cash Plus.
Cardmembers can earn a $200 cash bonus every year they spend $200,000 or more on the card.
Capital One’s Purchase Eraser allows cardmembers to get reimbursed for travel expenses made on their card within 90 days of the travel purchase.
How to Earn Points with the Capital One Spark
Capital One Spark Plus cardmembers earn cashback at the following earn rates:
- 2% – cash back on all purchases
- 5%- cash back on hotels and rental cars booked through Capital One Travel
As a point of comparison, you can earn points at the following rates:
- 2X points on all purchases with the Amex Blue Business Plus
- 3X points on hotels with the Chase Sapphire Reserve
- 3X points on rental cars with the Chase Sapphire Reserve
How to Redeem Points with the Capital One Spark
Capital One Transfer Partners: A Complete Guide is your guide to how to maximize the Capital One Miles program.
- 87,000 Avianca LifeMiles to fly Lufthansa first class one-way US to Europe
- 70,000 Asia Miles to fly Cathay Pacific business class one-way from the US to Hong Kong
- 50,000 Etihad Guest miles to fly American Airlines business class one-way US to South America
Which Cards Compete with the Capital One Spark?
Amex Blue Business Plus and Chase Ink Business Unlimited compete with Capital One Spark. The Amex Blue Business Plus earns 2X points on all transactions. The Chase Ink Business Unlimited 1.5% cashback on all purchases. You can convert cashback earned into Chase Ultimate Rewards points if you also hold the Chase Sapphire Preferred, Chase Sapphire Reserve, or Chase Ink Business Preferred.
Common Capital One Spark Questions
What credit score do you need for Capital One Spark cash?
A credit score of 700+ is needed for the Capital One Spark Cash Card per this article.
What is the credit limit on Capital One Spark business?
Capital One Spark Business credit limit is $500 for Spark Classic and $2,000 for the Spark Cash and Spark Miles cards. A higher credit limit is possible depending on your credit score and income per this article.
How do you qualify for Capital One Spark?
A credit score >740 for the Spark Cash, Spark Miles, and the “Select” editions of either card per this article.
What kind of card is Capital One Spark?
Capital One Spark Cash earns 2% cash back on all purchases per this article.
Conclusion on the Capital One Spark
The Capital One Spark Plus offers a statement credit for Global Entry or TSA PreCheck, the ability to earn a Cash Bonus, and a Travel Purchase Eraser. Cardmembers earn 2% cash back on all purchases, and 5% cash back on hotels and rental cars booked through Capital One Travel.
What do you think of Capital One Spark? How do you find value in this card? Please let me know in the comments or by sending me an email on my contact page.
Disclaimer: If you click and/or sign up for a credit card through certain links on this site or any of my related social media platforms, I may make a commission from that click-through. The editorial content on this page and the user comments are not provided by any of the companies mentioned and have not been reviewed, approved, or otherwise endorsed by any of these entities. The opinions expressed here are mine alone.
