MoneyGeek's Take

Spark 1.5% Cash Select Review

Small business owners who want an unlimited cash back credit card with no annual fee can choose Capital One’s Spark 1.5% Cash Select. It comes with a 0% introductory APR and a fuss-free reward redemption program.

Advertising & Editorial DisclosureLast Updated: 1/17/2023
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Spark 1.5% Cash Select

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

The Capital One Spark 1.5% Cash Select card lets you earn a flat rate of 1.5% cash back for everything you spend money on, with no limits or category restrictions. Its 0% intro APR applies to purchases for 12 months, which can be helpful if you’re planning to finance a big business purchase. However, you pay an 20.24% – 28.24% variable APR based on your creditworthiness after the intro period. MoneyGeek covers the details of the Spark 1.5% Cash Select card to help you decide if it’s a good fit for you.

Card Details to Know Up Front
  • Bonus, Fee or Feature
    Has or Not
  • Has Annual Fee
  • Has Balance Transfer Offer
  • Has APR Offer
  • Cash Back Rewards
  • Travel Rewards
Click to see this card’s rates, fees and how they compare to other cards in our dataset.

Spark 1.5% Cash Select at a Glance

Small business owners looking for a straightforward cash back card without an annual fee find the Spark 1.5% Cash Select credit card worthy of keeping in their wallet. Plus, there’s no fee for foreign transactions, so you won’t have to worry about using the card overseas for business purchases like hotel stays.

  • Spark 1.5% Cash Select

    A good no annual fee business credit card for earning cash back

    • Good–ExcellentRecommended Credit
    • 20.24% – 28.24% variableAPR
    • $0Annual Fee
    • 1.5% Cash BackRewards Rate

Pros & Cons Explained

The unlimited cash back on purchases benefit of the Spark 1.5% Cash Select card can be appealing to business owners. However, the card has some drawbacks that may be worth considering before you apply.


  • Benefits
  • Cash back rewards
    You get 1.5% cash back on every business purchase you make, without a rewards limit on what you can earn.
  • 0% intro APR
    You don’t have to pay interest for the first 12 months, which is good for financing big business purchases.
  • No annual fee
    There’s no annual fee to use the card for your business.
  • No foreign transaction fees
    Transactions made outside the United States do not carry a fee, making this card ideal for business owners who travel abroad for work.


  • Drawbacks
  • No early spend bonus
    There is no welcome bonus to reward the first few months of your spending.
  • No special reward categories
    Due to its flat-rate cash back system, you won’t get any special rewards on categories where you spend more, such as office supply stores or media advertising.
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MoneyGeek evaluates credit cards on a monthly basis to rank our top picks for popular card categories. The Spark 1.5% Cash Select isn’t on our best-of list for cash back credit cards. But, you can check out the included cards in our guide for the best cash back credit cards to see if one of them suits your needs.

Bonuses & Rewards Explained

The Spark 1.5% Cash Select’s benefits make it a solid cash back card for small business owners. MoneyGeek highlighted some of the perks it has to offer.


Automatically Redeem Rewards

You can get your 1.5% cash back in the form of a check or a statement credit upon request. Setting up an automatic redemption preference for a specific calendar date or when your rewards reach a specific threshold makes the process more efficient.


Flexible Payment Schedule

You can pick your own monthly due date. That way, your business has complete control over when to pay. You can also set up an automatic payment so you won’t have to sign in to your account each month.


Free Employee Cards

You can get additional cards for your employees at no extra cost and earn rewards from their purchases. You can also set customized spending limits on the cards to prevent unauthorized spending sprees.


Extended Warranty and Protection

You can get extended warranty and protection on eligible items up to one additional year on warranties of three years or less up to a maximum of $10,000 per claim and $50,000 per cardholder.

Other Features Explained

You can take advantage of the other features included in Capital One’s Spark 1.5% Cash Select in addition to the 1.5% cash back benefit.

  • Card Feature
  • No fraud liability
    You won’t be responsible for any unauthorized charges if your card is lost or stolen.
  • Virtual assistant
    Eno is Capital One’s virtual assistant tasked to keep an eye on your account 24/7 and reach out to you if it detects something strange in your card activity.
  • Security alerts
    You get a text, email and phone call if Capital One notices potential suspicious transactions on your account.
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You can get cash back rewards for any amount with no expiration date for the life of your account. You may also be eligible to transfer rewards. However, these transfers are only permitted between certain Capital One rewards accounts.

Understanding the Fine Print

Before going through with your Spark 1.5% Cash Select application, it’s important to understand the fees that come with this cash back card. Here is an overview.

  • Card Feature
    Amount or Rate
  • APR
    20.24% – 28.24% variable
  • Annual Fee
  • Cash Back Rewards
  • Rewards Rate
    1.5% Cash Back
  • Airline Benefits
  • noAnnualFee icon

    Annual Fee

    The Spark 1.5% Cash Select card has no annual fee.

  • cashBack icon

    Cash Back Reward Rate

    The card lets you earn 1.5% cash back on every purchase you make. Thanks to its flat-rate system, you won’t have to memorize reward categories or spending limits.

  • lowInterestAPR icon

    Purchase APR

    This card has a 0% introductory APR for the first 12 months of your account opening. After that period is over, your variable APR is 20.24% – 28.24%, based on your creditworthiness.

  • highInterestAPR icon

    Cash Advance APR

    This card has a high interest rate of 31.24% for cash advances. Additionally, you have to pay 3% of the transaction amount.

  • noForeignTransactionFee icon

    Foreign Transaction Fee

    There are zero fees for international transactions with this card.

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When comparing Capital One Spark 1.5% Cash Select with other cards for small businesses, review the annual fees, APRs and other associated fees very closely. If you want to see how this card stacks up against a credit card you already have, check your latest monthly statement or visit your card provider’s website or app. You can also gather more information through the Consumer Financial Protection Bureau credit card agreement database.

Who Should & Shouldn’t Consider Spark 1.5% Cash Select?


Other Considerations for Spark 1.5% Cash Select

When you apply for a cash back business credit card, it’s important to analyze its benefits, terms and conditions, drawbacks and associated fees. Keep in mind the following factors before deciding to pursue a Spark 1.5% Cash Select application.

Things to Consider if This Will Be Your First or Only Credit Card

If you plan to make this your first or only card, it may be beneficial if you’re planning to finance a big business purchase because it has a 0% introductory APR. It can also be a good fit for you if you frequently travel overseas or don’t spend more in a specific category of your budget.

Things to Consider if This Will Be an Additional Card in Your Wallet

Capital One’s Spark 1.5% Cash Select can be beneficial as an additional card thanks to its lack of an annual fee and unlimited cash back limit. Consider pairing it with another card that provides bonus categories to maximize your rewards.

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MoneyGeek uses a comprehensive and structured methodology to review and rank credit cards. Our approach involves collecting credit card information, standardizing data points, factoring annual and introductory bonuses, determining the three-year value of cards and carrying out regular re-ranking.

How Spark 1.5% Cash Select Compares to Other Cards

While Capital One’s Spark 1.5% Cash Select has several benefits that are appealing to small business owners, like cash back, there may be other options that are worth considering in the same card category. For example, the Capital One Spark Cash Plus has a higher cash back reward rate at 2% that benefits business owners with a high amount of expenses.

Quick Comparison of the Capital One Spark Cash Select - $500 Cash Bonus - Good Credit

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Spark 1.5% Cash Select

  • Annual Fee: None
  • Cash Back Reward Rate: 1.5% on every purchase
  • Foreign Transaction Fee: None
  • Regular APR: 20.24% – 28.24% variable
  • Best For: Small business owners who want a straightforward cash back card
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Capital One Spark Cash Plus

  • Annual Fee: $150
  • Cash Back Reward Rate: 2% on every purchase
  • Foreign Transaction Fee: None
  • Regular APR: None (charge card)
  • Best For: Business owners with high expenses who want to maximize bonuses and rewards

Other Helpful Decision-Making Q&As

Understanding the answers to some frequently asked questions about Capital One’s Spark 1.5% Cash Select can help you make the right decision.

Still not sure about this card? Consider these options.

With the Spark 1.5% Cash Select you get 1.5% cash back on every purchase without category restrictions or earnings limits. Plus, you won’t pay an annual fee for the card. But, if you’re still on the fence about Capital One’s Spark Cash Select - Good Credit, take a look at other options in the small business or rewards category to see which one is best suited for your needs.

Learn more about credit cards in general

*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.
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