Capital One Spark is Capital One’s line of small enterprise bank cards. There are 5 Spark playing cards in complete. 4 are designed for giant or small enterprise house owners with glorious credit score scores, with a fifth designed for folks with honest or common credit score.
Though a few of them are made for glorious credit score, you should still be accredited in case your credit score falls throughout the “good” vary, relying on different components.
- These playing cards do not need international transaction charges.
- Limitless worker playing cards can be found on all these playing cards at no cost. Spending on worker playing cards earns rewards.
- You possibly can set particular person credit score limits on every card.
These playing cards all earn an infinite amount of money again (or “miles”) at a hard and fast charge on all your small business bills. Another enterprise reward playing cards have an annual cap on sure bonus classes. Chances are you’ll discover it useful to get a couple of enterprise bank card to maximise rewards.
You possibly can spend on a special enterprise card that earns extra in sure classes, then use considered one of these Capital One Spark playing cards for all different purchases whenever you’d earn much less with one other card.
Capital One lately launched a set of airline companions. The profit right here is which you can switch the miles you earn with the Spark Miles and Spark Miles Choose playing cards. This might doubtlessly offer you greater than 1 cent per mile, a greater worth than the traditional redemption strategies.
Spark Traditional (Honest Credit score)
The Spark Traditional is a money again card designed for folks with honest or common credit score. It’s an excellent provide for that credit score stage contemplating it has no annual payment and earns an infinite 1% money again on all purchases.
- Capital One Spark Traditional for enterprise
Spark Money and Spark Miles (Wonderful Credit score)
Enterprise house owners with glorious credit score have 4 totally different choices: two totally different Spark Money playing cards and two totally different Spark Miles playing cards. Inside every household, there’s a rewards card with no annual payment, and a second card that earns extra rewards and has an annual payment.
The Money playing cards earn money again rewards, whereas the Miles playing cards earn miles. These “miles” will be redeemed for journey purchases at a charge of 1¢ every, or they are often transferred to quite a lot of airline loyalty applications the place they is perhaps price greater than that.
Based mostly on our analysis, the one purpose to get a Spark Miles card over a Spark Money card is if you wish to switch your rewards to a accomplice airline program, or should you just like the 5X classes.
Spark Money playing cards
The primary variations between these playing cards are the money again charges and the annual charges:
- Spark Money: 2% money again; $95 annual payment after the primary 12 months
- Spark Money Choose: 1.5% money again; no annual payment
The Spark Money playing cards are an ideal deal, since you may earn an infinite amount of money again regardless of how a lot you spend on the playing cards. The primary distinction between these playing cards is the amount of money again every earns.
Based mostly on the annual payment and money again potential, we’ve calculated that in case your small enterprise spends greater than $19,000 per 12 months, you’ll earn extra rewards worth with the Spark Money than the Spark Money Choose. This desk exhibits the amount of money again you’ll earn with every card (after the annual payment) at a number of ranges of spending:
| Quantity Spent Yearly | Spark CashCash Again Earned | Spark Money SelectCash Again Earned |
| $2,500 | -$45 | $37.50 |
| $4,750 | $0 | $71.25 |
| $10,000 | $105 | $150 |
| $19,000 | $285 | $285 |
| $25,000 | $405 | $375 |
| $50,000 | $905 | $750 |
| $100,000 | $1,905 | $1,500 |
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Spark Miles playing cards
The primary variations between these playing cards are the annual payment and what number of “miles” they earn:
- Spark Miles: 5X miles per greenback spent on lodges and rental vehicles booked by means of Capital One Journey; 2X miles per greenback for different purchases; $95 annual payment after the primary 12 months
- Spark Miles Choose: 5X miles per greenback spent on lodges and rental vehicles booked by means of Capital One Journey; 1.5X miles per greenback for different purchases; no annual payment
These “miles” will be redeemed for journey purchases at 1¢ every, or transferred to a accomplice airline loyalty program, which might present a greater worth.
So, the Spark Miles playing cards present the identical or better money again worth than the Spark Money playing cards, however with totally different redemption choices. In case you journey typically and need to flip your rewards into airline miles, it’s possible you’ll choose the Spark Miles or Spark Miles Choose over the equal Spark Money card.
The identical $19,000 spending threshold that applies to the Spark Miles vs. the Spark Miles Choose additionally applies to the Spark Money playing cards, offered you may redeem all of your rewards for journey purchases. The Spark Miles Choose comes with a 9-month 0% introductory APR on purchases earlier than the common 13.99% – 23.99% Variable APR kicks in, whereas the Spark Miles doesn’t.
For mile transfers, many of the switch charges are 2:1.5 (2 Capital One miles for 1.5 accomplice miles), though some companions have a lesser charge.
Capital One Enterprise Card Options
Advantages
All Capital One enterprise playing cards give cardholders a sure set of perks, offered by Capital One. In addition they include extra advantages and protections offered by both Visa or Mastercard.
Capital One may even present a hyperlink to the Information to Advantages that comes with every of their playing cards, a really useful useful resource.
What’s the most effective Capital One enterprise bank card?
Our highest-rated Capital One bank cards are the Capital One Spark Money Choose and the Capital One Spark Money Plus.
Each Spark Money playing cards earn money again at a flat charge on each buy with no limits. This might be a compelling function for companies that spend some huge cash however don’t need to assume an excessive amount of about redeeming their rewards. The money again will merely be added to your account as assertion credit.
In case you’re strictly taken with a journey rewards card, you must as a substitute go for one of many Spark Miles playing cards, the Capital One Spark Miles Choose for Enterprise and Capital One Spark Miles for Enterprise. They’re much like the Spark Money playing cards, besides they earn miles that may be redeemed by means of Capital One (or transferred to journey loyalty applications) and embody some travel-oriented advantages.
That leaves the Capital One Spark Traditional for Enterprise, which is designed for candidates with honest credit score. In case your private credit score scores aren’t nice, however you’re assured you’d profit from a enterprise bank card anyway, this might be the cardboard for you.
What number of Capital One enterprise bank cards can you might have?
We contacted Capital One help instantly to debate per-person card limits, and right here’s what we acquired: “You might not be accredited for added accounts when you have 5 or extra open bank card accounts with Capital One.” That is according to what seems in these playing cards’ phrases.
So you may have as much as 5 Capital One enterprise bank cards open on the identical time, so long as you don’t have some other open bank card accounts with Capital One.
