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
by Suzana Brito
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 $1,000 cash bonus in the first 6 months; $500 if you spend $5,000 in the first 3 months; plus $500 once you spend $50,000 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.
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.
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.
Advertisement
You will be redirected to another website
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 of $1,000.
- 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.
Suzana Brito
Trending Topics
Medicaid: get the health care you deserve
Learn about who can benefit from Medicaid and how to apply for this important government healthcare program. Keep reading!
Keep ReadingCapital One Quicksilver Student Cash Rewards Credit Card application: how does it work?
Are you looking for a student card? Check out how to apply for the Capital One Quicksilver Student Cash Rewards Credit Card. Read on!
Keep ReadingUS Bank Altitude® Go Visa Signature® Card review: is it worth it?
Enjoy introductory bonus and restaurant rewards with the US Bank Altitude® Go Visa Signature® credit card. Learn all about it!
Keep ReadingYou may also like
Learn to apply easily for SpeedyNetLoan
Getting a loan online is easier and faster than you might think. Read this post to understand how to apply for a SpeedyNetLoan. Stay tuned!
Keep ReadingChase Total Checking® review: everything you need to know
Have you been thinking about opening a checking account? Check out our Chase Total Checking® review. Enjoy Zero Liability Protection.
Keep ReadingCiti Simplicity® Card application: how does it work?
Do you need a credit card to help you pay your debts? Discover if you are eligible and how to apply for a Citi Simplicity® Card. Read on!
Keep Reading