Capital One® Spark® Classic for Business review

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In a Nutshell

The Capital One® Spark® Classic for Business is a basic cash back credit card for small-business owners. It’s an OK choice, but there are far better options out there.

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These offers are no longer available on our site: Capital One® Spark® Classic for Business, Capital One® Spark® Cash Select for Business, Capital One® Spark® Cash for Business, Bank of America® Business Advantage Travel Rewards World Mastercard® credit card

Pros Cons
Simple cash back rewards Other cards offer better rewards
No annual fee No intro APR offer
No foreign transaction fee High variable APR on purchases and balance transfers
Capital One says it considers applicants with average credit

From our partner

Core features

If you’re considering the Capital One® Spark® Classic for Business , here’s what you need to know.

No annual fee

For new businesses, justifying the cost of a credit card’s annual fee may be difficult.

But the Capital One® Spark® Classic for Business doesn’t have an annual fee, so you won’t have to worry about carrying a credit card that cuts into your budget. Plus, all of your cash back rewards will go straight into your pocket since you don’t have to offset the annual fee first.


With the Capital One® Spark® Classic for Business, you’ll earn 1% cash back on every purchase you make with your card and any employee cards. The flat rate makes it easy to earn rewards — you don’t have to remember to activate bonus categories or what type of rewards you earn with which purchases. Plus, it’s pretty neat that employee cards — which come at no extra cost — can also earn cash back.

But there are other business cards that offer both employee cards and better rewards. For example, the Capital One® Spark® Cash Select for Business offers 1.5% cash back on every purchase, also without an annual fee. Other cards offer cash back or rewards points at rates where the value can exceed 1% cash back.

Qualifying for the card

If your business is just getting off the ground and your personal credit scores aren’t great, getting a small-business credit card may be difficult.

The Capital One® Spark® Classic for Business is designed for business owners who have what Capital One considers average credit. According to Capital One, that means you’ve defaulted on a loan in the previous five years or you have limited credit history.

If you’re approved for the card, you can start to build business credit, which could make it easier to qualify for other business credit cards in the future.


The downside of a card that doesn’t require great credit is that you’ll likely have to pay more for it. With the Capital One® Spark® Classic for Business, that means a high interest rate. This card comes with a variable APR of 24.74% on purchases and balance transfers.

Businesses sometimes have to spend a lot of money and put bills on hold while waiting for payments from clients. If you think you’ll have to carry a balance as you wait for your clients to pay you for goods or services, it’s important to take this card’s APR into account.

And since this card doesn’t have an introductory purchase APR offer, any startup costs that you charge and then carry a balance on month to month will start incurring interest.

Who this card is good for

If you’re a new business owner who wants a simple rewards card, the Capital One® Spark® Classic for Business could be an alright choice. But if you have strong personal credit, there are likely better cards out there with higher rewards rates and introductory purchase APR offers.

Not sure this is the card for you? Consider these alternatives.

If you’re in the market for a business credit card but don’t think the Capital One® Spark® Classic for Business is the right choice for you, consider these alternatives.