Reviews
Capital One Spark Cash Plus review: A charge card to run your business
If you are shopping around for a charge card to help you manage your business and give you cash back, read the Capital One Spark Cash Plus review!
Advertisement
Capital One Spark Cash Plus: Earn 2% cash back on all purchases
The Capital One Spark Cash Plus review will provide a complete guide on this business card for owners looking for cash-back rates on purchases.
How to apply for Capital One Spark Cash Plus
Capital One Spark Cash Plus is what you need to run your business more easily. Read on to learn how to apply!
It has many attractive advantages that will help you save money more easily. So, keep reading to learn more about it.
- Credit Score: Excellent;
- Annual Fee: $150;
- Regular APR: No APR (pay-in-full card);
- Fees: Either $5 or 5% of the amount of each cash advance, whichever is greater. 2.99% of the unpaid portion of your minimum payment on late payments.
- Welcome bonus: 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.
- Rewards: Unlimited 2% cash back for your business on every purchase, everywhere; 5% cash back if you book hotels or rent a car with Capital One Travel.
- Terms apply.
You will be redirected to another website
You’ll receive messages for less than 1 week, with a maximum of 1 message per day. You can unsubscribe anytime by replying STOP. By submitting this form, I confirm that I am 18+ years old and agree to the Privacy Policy and Terms and Conditions. I also provide my signature, giving express consent to receive informational messages via automated emails, SMS, MMS text messages, and other forms of communication. Message frequency may vary as part of our good-faith effort to respond to your inquiry. Message and data rates may apply. Text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and that I may revoke my consent at any time.
Advertisement
Capital One Spark Cash Plus: how does it work?
The Capital One Spark Cash Plus is a charge card designed for small businesses, but it’s high maintenance.
Unlike a credit card, you don’t have a preset limit on purchases, but you’ll have to pay it fully by the end of the month. If you don’t make the payment on time, there might be a 2.99% monthly late fee.
That can make it hard for small businesses to keep since money is a deal when you are starting. In addition, the annual fee is above-average $150, which is expensive.
However, you can get the $150 annual fee refund every year that you spend $150.000,00 or more.
Also, you’ll need to pay a cash advance fee of either 5% or $5, whichever is greater between the two in each cash advance.
Finally, this card comes with $0 fraud liability, account and business management features, and a year-end summary.
Capital One Spark Cash Plus: should you get one?
If your company needs a charge card to bring cash back on purchases, you might want to look at the Capital One Spark Cash Plus pros and cons.
Advertisement
Pros
- 2% cash back on purchases;
- No APR;
- No preset limit;
- Welcome cash bonus up to $3,000;
- $0 Fraud Liability;
- Roadside Assistance.
- Terms apply.
Cons
- The annual fee may cost a lot to small businesses;
- Because it’s a charge card, you’ll have to pay your balance in full each month;
- It requires excellent credit to apply.
Advertisement
Credit score required
If you’d like to use this card to run your business, ensure you have excellent credit.
Capital One Spark Cash Plus application: how to do it?
If you are interested in the Capital One Spark Cash Plus review, keep learning about it and how to apply it in our post below. Keep reading!
How to apply for Capital One Spark Cash Plus
Capital One Spark Cash Plus is what you need to run your business more easily. Read on to learn how to apply!
The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.
For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
Trending Topics
The World of Hyatt Credit Card review: up to 60,000 bonus points
Are you searching for the best hotel card? Check out our World of Hyatt Credit Card review! Earn up to 9 total points per dollar spent.
Keep Reading
Aspire® Cash Back Rewards Mastercard review
Is this credit card the best option to beat your ruined credit? Find out the Aspire® Cash Back Rewards Mastercard review.
Keep Reading
Certificates of Deposit: what is and how does it work?
Do you have money in a savings account? You should think about certificates of deposit. This content will show you its pros and cons.
Keep ReadingYou may also like
Application for the Chase Freedom Unlimited®: how does it work?
Chase Freedom Unlimited® is a cash-back card that offers many benefits and perks. Learn how to apply and start earning today!
Keep Reading
Learn how to easily build credit using a credit card!
If you don't know how to build credit using a credit card, don't miss this content. You will learn how to do it with simple tips.
Keep Reading
Wells Fargo Autograph℠ Card application: how does it work?
Learn how to apply for the Wells Fargo Autograph℠ Card. Enjoy cash back reward and welcome bonus! Read on for more!
Keep Reading