The Capital One Spark Cash Plus is a business credit card that is designed to help small business owners earn cash back on their everyday expenses. With a generous sign-up bonus, no annual fee, and a long list of card benefits, this card is a great choice for any business looking to earn rewards on their purchases. In this article, we will take a step-by-step look at the features, benefits, and terms of the Capital One Spark Cash Plus credit card.
Capital One Spark Cash Plus Features
Sign-up Bonus
The Capital One Spark Cash Plus card offers a sign-up bonus of $500 cash back when you spend $4,500 on purchases within the first 3 months of account opening.
- To qualify for the sign-up bonus, you must make purchases of at least $4,500 within the first 3 months of account opening.
- Purchases made during the first 3 months of account opening are considered in determining whether the spending requirement has been met, so long as the account is open and in good standing when the bonus is awarded.
- Balance transfers, cash advances, checks that access your account, items and services returned for credit, unauthorized charges, interest, and account fees are not considered in the purchase requirements.
Annual Fee
There is no annual fee associated with the Capital One Spark Cash Plus card.
Earn Unlimited 2% Cash Back
The card earns an unlimited 2% cash back on all purchases. This means that there is no limit to the amount of cash back you can earn, and you will earn 2% cash back on all purchases, regardless of category.
Non-Expiring Points
The cashback you earn with this card does not expire, which means you can redeem your rewards at any time without worrying about them expiring.
Annual Hotel Savings Benefit
The Capital One Spark Cash Plus card includes an annual hotel savings benefit of up to 10% at select hotels. This can provide significant savings on your business travel expenses.
Capital One Spark Cash Plus Benefits
Virtual Card Numbers
With the Capital One Spark Cash Plus card, you can create virtual card numbers for added security when making online purchases. These virtual card numbers can be used in place of your actual card number, providing an additional layer of protection against fraud.
Statement Credit
The Capital One Spark Cash Plus card includes a statement credit for either TSA Precheck or Global Entry. This can help you save time and money on your business travel expenses.
Gift Cards and Mileage Transfer
The cash back rewards you earn with the Capital One Spark Cash Plus card can be redeemed for a wide variety of gift cards or transferred to participating frequent flyer programs. This allows you to redeem your rewards in a way that best fits your business needs.
Summary
The Capital One Spark Cash Plus card is an excellent choice for small business owners looking to earn cash back on their everyday expenses. With a generous sign-up bonus, no annual fee, and a wide range of card benefits, this card can help you save money and earn rewards on your business purchases. If you're interested in applying for the Capital One Spark Cash Plus card, click on the link to learn more and apply.
Updated January 30, 2023