New Capital One Spark Cash Plus and Capital One Spark Cash cardholders can earn credits to use toward travel booked with Capital One Business Travel. With a Spark Cash Plus card, you can earn a $500 travel credit after spending $30,000 in the first three months. You’ll get a $250 travel credit with the Capital One Spark Cash after spending $10,000 in the first three months.
Even better — you can earn these travel credits alongside the cards’ regular welcome bonuses.
$0 for the first year, then $95
Earn a $1,000 cash bonus plus for a limited time, earn a $250 Capital One Business Travel credit when you spend $10,000 within 3 months of account opening
Earn $2,000 cash back after spending $30,000 within the first 3 months, plus get an additional $2,000 cash bonus for every $500,000 spent during the first year
Read more: Best business credit cards
More details
With this limited-time offer, you can earn a regular welcome bonus with either the Spark Cash Plus or Spark Cash, and get an additional bonus to use when you book with Capital One Business Travel.
Here’s what both cards’ combined new bonuses will look like with the offer:
Capital One Spark Cash Plus: Earn $2,000 cash back and a $500 Capital One Business Travel credit when you spend $30,000 within the first three months of account opening. You can also earn an additional $2,000 cash bonus for every $500,000 you spend within the first year.
Capital One Spark Cash: Earn $1,000 cash back and a $250 Capital One Business Travel credit when you spend $10,000 within the first three months of account opening.
You can redeem the standard cash-back bonus, along with cash-back rewards you earn, for a statement credit or check. The travel credit can be redeemed for flights, hotels, and more for your next business trip via Capital One Business Travel.
Capital One Spark Cash Plus
Annual fee
$150
Welcome offer
Earn $2,000 cash back after spending $30,000 within the first 3 months, plus get an additional $2,000 cash bonus for every $500,000 spent during the first year
Purchase APR
25.74% variable
Rewards rate
5% unlimited cash back on hotels and rental cars booked through Capital One Business Travel2% unlimited cash back on all other purchases (no limits or category restrictions)
Benefits
Get your $150 annual fee refunded every year after spending at least $150,000Your spending limit is flexible and adjusts based on factors such as your purchase, payment, and credit historyYou’ll never be charged interest since your balance is due in full every month
Read our full Capital One Spark Cash Plus review
Capital One Spark Cash
Annual fee
$0 for the first year, then $95
Welcome offer
Earn a $1,000 cash bonus plus for a limited time, earn a $250 Capital One Business Travel credit when you spend $10,000 within 3 months of account opening
Purchase APR
24.49% variable
Rewards rate
5% unlimited cash back on hotels, vacation rentals, and rental cars booked through Capital One’s travel booking site2% unlimited cash back on all other purchases
Benefits
Simplify your recordkeeping by downloading your purchase records in multiple formats such as Quicken or QuickBooksEnjoy international travel without additional fees on purchases made abroad
Read more: Best Capital One credit cards
Which Capital One Spark Cash card should you get?
Capital One’s Spark Cash Plus and Spark Cash cards are cash-back business credit cards, but they also offer solid savings for business travelers.
Both cards earn 2% cash back on every purchase, as well as 5% cash back on hotels and rental cars booked through Capital One Business Travel. Booking through the Capital One portal can help you track travel expenses throughout your company and score discounted corporate rates for select hotels and airlines.
Still, the Spark Cash Plus and Spark Cash cards are best for their simple 2% cash-back rewards on every business expense — not just travel.
The Capital One Spark Cash Plus is better for business owners with large annual budgets. The more you spend with this card, the more you can get rewarded. In addition to the high spending required for the first-year bonuses, you’ll get the $150 fee refunded each year when you spend at least $150,000. It also has no preset spending limit, so you’ll have more flexibility when you need to make large purchases.
With the Capital One Spark Cash card, you can earn the same 2% cash back on every purchase. But this card has a lower $95 annual fee, which is waived for the first year. If your business budget isn’t high enough to take full advantage of the Spark Cash Plus, this is another great option for earning rewards on every purchase.
For example, let’s say you spend about $100,000 using your business credit card each year: $10,000 on hotels or rental cars that you can book through Capital One Business Travel, and the rest on various expenses. With either card, that equals about $2,300 in total cash-back rewards each year.
However, these expenses aren’t enough to get the Spark Cash Plus card’s $150 annual fee refunded, and you may have difficulty qualifying for the welcome bonus. But with the Spark Cash card, you can easily meet the spending required for the welcome bonus with this budget, and you’ll pay no annual fee for the first year (with a lower $95 fee after that).
If your annual business spending is regularly upwards of $150,000 and you plan to spend at least $30,000 within the next three months, you may get more value from the Spark Cash Plus. Otherwise, you’ll likely find more valuable savings on business expenses with the Spark Cash card.
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