MoneyGeek's Take

Best Capital One Credit Cards for Business in 2022

The best Capital One credit cards for business give you the ability to earn cash back or miles. Depending on the card you get, you may need to pay an annual fee. These cards come with early spend bonus offers too.

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This article is part of our larger series on Best Business Credit Cards

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As a business owner, you can choose to get a credit card or a charge card from Capital One. The best of the lot let you earn cash back or miles on all your business spending. The top ones do away with foreign transaction fees as well.

It is common for Capital One business credit cards to come with early spend bonus offers. For example, the Capital One Spark Cash Select - $500 Cash Bonus Card offers a one-time $500 cash bonus if you spend $4,500 on purchases in the first three months.

The top Capital One business credit cards also issue you employee cards at no charge and allow you to set individual spend limits. Other aspects that you’ll want to pay close attention to when choosing a card include annual fees, APRs and added benefits.

This article is part of our larger series on
Best Business Credit Cards

MoneyGeek's Take: Top 3 Capital One Business Credit Cards

Quick Summary

The cash back or miles per dollar rate you stand to earn depends on the card you get, and this also holds true for the annual fee you might need to pay. We have selected the best Capital One Business credit cards after considering these factors and others, such as early spend bonus offers, APRs, foreign transaction fees and additional features.


  • 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

    Terms, rates and fees apply

  • 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

    Terms, rates and fees apply

  • Capital One Spark Miles for Business

    Best flat-rate rewards card for frequent flyers


    • Good-ExcellentRecommended Credit
    • $95Annual Fee
    • 2 Miles per $1Rewards Rate
    • 2xRewards Rate at Hotels
    • 2xRewards Rate on Groceries

    Terms, rates and fees apply

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Methodology

Experts at MoneyGeek take a close look at all the new and existing Capital One credit cards for business each month. They then select the top one after comparing them across parameters such as early spend bonus offers, annual fees, cash back/miles rates, APRs and foreign transaction fees.

If you’re wondering what business cards from other issuers have to offer, you may benefit by taking a look at our selection of all the top business credit cards.

10%

Welcome Offer

 
5%

Travel and Cash Back Rate

 
-5%

Average Annual Fee and APR

Summary of the Best Capital One Cards for Business

Take a look at how all the top alternatives fare against each other by going through this Capital One business cards comparison table. It tells you who each card is best suited for, its cash back/miles rate, the annual fee you need to pay and the credit needed to apply.

  • Credit Card
    Best For
    Avg. Reward Rate
    Annual Fee
    Credit Needed
  • Capital One Spark Cash Select - $500 Cash Bonus
    A great no-annual-fee business card with 1.5% cash back
    1.5% Cash Back
    $0
  • Capital One Spark Cash Plus
    Excellent card for earning rewards through employee spending
    2% Cash Back
    $150
  • Capital One Spark Miles for Business
    Best flat-rate rewards card for frequent flyers
    2 Miles per $1
    $95
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MONEYGEEK EXPERT TIP

When comparing business credit cards, factor in the annual fee against the rewards earned. Some small business owners may not spend enough to offset the annual fee versus a card with no fee and a slightly lower rewards rate. -- Lee Huffman, credit card expert at BaldThoughts.com.

How to Compare Capital One Credit Cards & Intro Offers

Capital One credit cards for business come with varied features and benefits. As a result, you need to pay attention to multiple aspects when making a selection.

1

Charge or credit card

If you need a no preset spending limit (NPSL) business card, you may want to look at what the Capital One Spark Cash Plus Card has to offer. This is the only business charge card that Capital One provides as of now.

2

Early spend bonus

The early spend bonus you stand to earn depends on the card you get. For example, while the Capital One Spark Cash Select - $500 Cash Bonus Card offers a one-time $500 cash bonus if you spend $4,500 on purchases in the first three months, the Capital One Spark Cash Plus Card offers a two-staged spending bonus. You'll receive $500 cash back if you spend $5,000 in the first three months, plus an additional $500 cash back if you spend a total of $50,000 in the first six months.

3

Cash back/miles rate

The cash back or miles per dollar you earn is not the same across all Capital One business cards. With the Spark Classic Card, which is meant for those who wish to build their credit, you get 1% cash back on all business purchases. The no-annual-fee Spark Cash Select Card, on the other hand, comes with 1.5% cash back on all business purchases.

4

Annual fee

Capital One gives businesses the option of choosing from business cards that come with and without annual fees. The Capital One Spark Cash Select - $500 Cash Bonus Card makes for the best no-annual-fee choice.

5

APR

If you plan to maintain a revolving balance on your card from one month to the next, pay particular attention to this aspect. In such a scenario, you might be better off getting a low APR card that may or may not offer rewards/cash back.

6

Foreign transaction fees

Capital One business credit cards come without foreign transaction fees. However, this aspect requires your attention if you’re looking at cards from other issuers.

7

Other features/perks

Card-specific benefits may come in the form of free employee cards, $0 fraud liability, access to business management tools, payment flexibility, auto payments, roadside assistance and extended warranty. The Capital One Spark Miles for Business Card lets you transfer your miles to partner loyalty programs.

Further Reading

About the Author


expert-profile

Rajiv Baniwal has been writing about different financial topics for over 15 years. Meticulous in his research, he makes sure he provides accurate and up-to-date information. His areas of expertise include mortgages, personal loans, credit cards, insurance and international money transfers.


*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.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.