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);
- Welcome bonus: Get up to a one-time $1,200 cash bonus when you spend at least $30.000 within the first 3 months of membership.
- 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.
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 3% of the amount of the cash advance, but not less than $3.
Finally, this card comes with $0 fraud liability, account and business management features, and a year-end summary.
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
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.
Pros
- 2% cash back on purchases;
- No APR;
- No preset limit;
- Welcome cash bonus of $1,200;
- $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.
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.
About the author / Suzana Brito
Trending Topics
Learn to apply easily for the NetCredit Personal Loan
Apply for NetCredit Personal Loan with our help! We will break the process down! Borrow up to $10K with fast funding! Read on to learn more!
Keep ReadingHSBC Premier Checking application: how does it work?
Find out how to apply for the HSBC Premier Checking in less than five minutes. Enjoy free ATMs and more. Read on!
Keep ReadingThe US economy could enter a state of stagflation soon
Economist Mohamed El-Erian warns that the US economy is on the brink of stagflation, even if the Fed manages to avoid a recession.
Keep ReadingYou may also like
Milestone Mastercard – Unsecured For Less Than Perfect Credit review
Here is a credit card to improve your score: Check out this Milestone Mastercard - Unsecured For Less Than Perfect Credit review. Read on!
Keep ReadingThe Perfect Card for Savvy Spenders: Marshland Visa® Credit Card review
Are you a thrifty spender looking for a card to keep up with your lifestyle? Read our Marshland Visa® Credit Card review!
Keep ReadingCiti Simplicity® Card review: a simple way to get rid of fees
Discover everything from features to how to get rid of standard fees in the Citi Simplicity® Card review. Check it out!
Keep Reading