Capital One Spark Cash Plus vs. Capital One Spark Cash Select - $500 Cash Bonus: Which Is Best for You?

Business owners who want to earn solid cash back rewards on every purchase may find great value in the Capital One Spark Cash Plus or the Capital One Spark Cash Select - $500 Cash Bonus. MoneyGeek compared these two cards to help you decide which is the best option for you.

Advertising & Editorial DisclosureLast Updated: 11/6/2022
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The Capital One Spark Cash Plus and the Capital One Spark Cash Select - $500 Cash Bonus will appeal to those looking to turn business purchases into rewards. But which card is the best match for your needs?

MoneyGeek compared the two Capital One small business cards by analyzing certain factors like rewards programs, annual fees, early spend bonuses and more. For example, the Capital One Spark Cash Plus has a $150 annual fee, whereas the Capital One Spark Cash Select - $500 Cash Bonus has none.

OUR COMPARISON AT A GLANCE

Comparison Overview: Capital One Spark Cash Plus vs. Capital One Spark Cash Select - $500 Cash Bonus

  • Capital One Spark Cash Plus
    Capital One Spark Cash Select - $500 Cash Bonus
  • Has Annual Fee
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  • Has Balance Transfer Offer
  • Has APR Offer
  • Cash Back Rewards
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  • Travel Rewards

Capital One Spark Cash Plus At a Glance

One thing to note is that the Capital One Spark Cash Plus is a charge card, which means it has no preset spending limit. This feature could benefit business owners who need flexibility in spending. Cardholders earn 2% cash back on every purchase and up to a $1,000 cash bonus.


  • Capital One Spark Cash Plus

    Excellent card for earning rewards through employee spending

    • ExcellentRecommended Credit
    • $150Annual Fee
    • 2% Cash BackRewards Rate
    • 2xRewards Rate on Gas
    • 2xRewards Rate on Groceries
    Capital One Spark Cash Plus

    Terms, rates and fees apply

    Compare this credit card with other top-rated secure cards from our partners.

Capital One Spark Cash Select - $500 Cash Bonus At a Glance

The Capital One Spark Cash Select - $500 Cash Bonus is great for small business owners who want an unlimited cash back card without paying any annual or foreign transaction fees. You earn 1.5% cash back on every purchase and a $500 cash bonus when you spend $4,500 within the first three months of account opening.


  • Capital One Spark Cash Select - $500 Cash Bonus

    A great no-annual-fee business card with 1.5% cash back

    • Good–ExcellentRecommended Credit
    • $0Annual Fee
    • 1.5% Cash BackRewards Rate
    • 1.5xRewards Rate on Gas
    • 1.5xRewards Rate on Groceries
    Capital One Spark Cash Select - $500 Cash Bonus

    Terms, rates and fees apply

    Compare this credit card with other top-rated cards from our partners.

Comparison Summary

MoneyGeek examined the differences between the Capital One Spark Cash Plus and the Capital One Spark Cash Select - $500 Cash Bonus to help you choose the best business credit card for your wallet.

  • Card Detail
    Comparison Summary

  • Cash Back Reward

    Both cards let you earn unlimited cash back. The Capital One Spark Cash Plus allows you to earn 2% cash back for your business on every purchase without any limits or category restrictions. Meanwhile, the Capital One Spark Cash Select - $500 Cash Bonus gives you flat-rate rewards of 1.5% cash back on all your purchases.

    Winner: Capital One Spark Cash Plus

  • Early Spend Bonus

    Capital One Spark Cash Plus cardholders can earn up to a $1,000 cash bonus — $500 when you spend $5,000 in the first three months and another $500 when you spend $50,000 in the first six months from account opening.

    On the other hand, cardholders of the Capital One Spark Cash Select - $500 Cash Bonus can earn a one-time $500 cash bonus when they spend $4,500 on purchases within the first three months of account opening.

    Winner: Capital One Spark Cash Plus

  • Annual Fee

    The Capital One Spark Cash Plus has a $150 annual fee, which is high compared to other cards in the same category.

    Meanwhile, the Capital One Spark Cash Select - $500 Cash Bonus has no annual fee.

    Winner: Capital One Spark Cash Select - $500 Cash Bonus

  • APR

    The Capital One Spark Cash Plus has no monthly APR. This means you have to pay your balance in full every month. If you can’t, a 2.99% late fee will be charged to your outstanding balance.

    On the other hand, the Capital One Spark Cash Select - $500 Cash Bonus has a variable APR of 13.24% to 19.24% based on your creditworthiness.

    Winner: Capital One Spark Cash Plus

Which Card Should You Get?

It’s essential to consider your small business spending needs and situation before choosing between the Capital One Spark Cash Plus vs. the Capital One Spark Cash Select - $500 Cash Bonus.

Who Should Consider the Capital One Spark Cash Plus?

The Capital One Spark Cash Plus is an attractive option for small business owners who want a simple rewards program. You can earn unlimited 2% cash back on all your purchases everywhere using this card.

  • businessOwner icon

    Business owners who require flexibility in their spending habits can take advantage of having no predetermined spending limit with this card.

  • freelancer icon

    High-spending business owners who can pay their balances in full every month will have no problem keeping this card.

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    ≫ More: Read Our Full Review

Who Should Consider the Capital One Spark Cash Select - $500 Cash Bonus?

Small business owners who want to earn decent rewards without paying annual or foreign transaction fees will appreciate the Capital One Spark Cash Select - $500 Cash Bonus. You can earn unlimited 1.5% cash back for your business on every purchase anywhere.

  • businessOwner icon

    Business owners who don’t want to pay an annual fee for their credit card.

  • coupleG icon

    Business owners who don’t want to keep track of a card’s earning rates or spending categories will enjoy this card’s simple rewards structure.

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    ≫ More: Read Our Full Review
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EXPERT OPINION

If you’re spending a significant amount of money on a consistent basis, the Capital One Spark Cash Plus card will be a great fit for you and your business. If you spend inconsistently or make modest purchases, the Spark Cash Select will easily help you earn solid cash back without the pesky annual fee.

Other Helpful Decision-Making FAQs

Choosing the right card for your business can be tricky. MoneyGeek answered some frequently asked questions to help you make an informed decision when selecting the Capital One Spark Cash Plus vs. Capital One Spark Cash Select - $500 Cash Bonus credit card.

Still Not Sure About These Cards? Consider These Options

If you’re still on the fence about getting either the Capital One Spark Cash Plus or the Capital One Spark Cash Select - $500 Cash Bonus, take a look at some of the other cards in the cash back or rewards categories to see if those options are a better fit for you.

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*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
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