Capital One Spark is Capital One’s line of small enterprise bank cards. There are 5 Spark playing cards in whole. 4 are designed for big or small enterprise homeowners with glorious credit score scores, with a fifth designed for individuals with truthful or common credit score.
Though a few of them are made for glorious credit score, you should still be permitted in case your credit score falls throughout the “good” vary, relying on different components.
- These playing cards should not have international transaction charges.
- Limitless worker playing cards can be found on all these playing cards totally free. Spending on worker playing cards earns rewards.
- You may set particular person credit score limits on every card.
These playing cards all earn a vast amount of money again (or “miles”) at a hard and fast fee on all your small business bills. Another enterprise reward playing cards have an annual cap on sure bonus classes. You could discover it useful to get multiple enterprise bank card to maximise rewards.
You can spend on a distinct enterprise card that earns extra in sure classes, then use certainly one of these Capital One Spark playing cards for all different purchases once you’d earn much less with one other card.
Capital One not too long ago launched a set of airline companions. The profit right here is which you could 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 Basic (Truthful Credit score)
The Spark Basic is a money again card designed for individuals with truthful or common credit score. It’s supply for that credit score degree contemplating it has no annual charge and earns a vast 1% money again on all purchases.
- Capital One Spark Basic for enterprise
Spark Money and Spark Miles (Glorious Credit score)
Enterprise homeowners with glorious credit score have 4 completely different choices: two completely different Spark Money playing cards and two completely different Spark Miles playing cards. Inside every household, there’s a rewards card with no annual charge, and a second card that earns extra rewards and has an annual charge.
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 fee of 1¢ every, or they are often transferred to quite a lot of airline loyalty applications the place they is likely to be value greater than that.
Based mostly on our analysis, the one cause to get a Spark Miles card over a Spark Money card is if you wish to switch your rewards to a companion airline program, or if you happen to just like the 5X classes.
Spark Money playing cards
The principle variations between these playing cards are the money again charges and the annual charges:
- Spark Money: 2% money again; $95 annual charge after the primary yr
- Spark Money Choose: 1.5% money again; no annual charge
The Spark Money playing cards are an ideal deal, since you’ll be able to earn a vast amount of money again regardless of how a lot you spend on the playing cards. The principle distinction between these playing cards is the amount of money again every earns.
Based mostly on the annual charge and money again potential, we’ve calculated that in case your small enterprise spends greater than $19,000 per yr, 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 charge) 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 principle variations between these playing cards are the annual charge and what number of “miles” they earn:
- Spark Miles: 5X miles per greenback spent on lodges and rental automobiles booked by means of Capital One Journey; 2X miles per greenback for different purchases; $95 annual charge after the primary yr
- Spark Miles Choose: 5X miles per greenback spent on lodges and rental automobiles booked by means of Capital One Journey; 1.5X miles per greenback for different purchases; no annual charge
These “miles” will be redeemed for journey purchases at 1¢ every, or transferred to a companion airline loyalty program, which might present a greater worth.
So, the Spark Miles playing cards present the identical or larger money again worth than the Spark Money playing cards, however with completely different redemption choices. In case you journey typically and need to flip your rewards into airline miles, you might desire 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, supplied you’ll be able to 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 companion miles), though some companions have a lesser fee.
Capital One Enterprise Card Options
Advantages
All Capital One enterprise playing cards give cardholders a sure set of perks, supplied by Capital One. Additionally they include extra advantages and protections supplied by both Visa or Mastercard.
Capital One will even present a hyperlink to the Information to Advantages that comes with every of their playing cards, a really useful useful resource.
What’s one of the best 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 fee on each buy with no limits. This might be a compelling characteristic for companies that spend some huge cash however don’t need to suppose 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 fascinated by a journey rewards card, you must as an alternative 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 just 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 embrace some travel-oriented advantages.
That leaves the Capital One Spark Basic for Enterprise, which is designed for candidates with truthful 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’ve gotten?
We contacted Capital One assist straight to debate per-person card limits, and right here’s what we acquired: “You will not be permitted for added accounts if in case you have 5 or extra open bank card accounts with Capital One.” That is in step with what seems in these playing cards’ phrases.
So you’ll be able to have as much as 5 Capital One enterprise bank cards open on the similar time, so long as you don’t have another open bank card accounts with Capital One.
