The Best Capital One Credit Cards For Businesses
If you’re looking for a new credit card for your business, it’s likely Capital One has an offering that will fit the bill. From general cash back to travel rewards to rebuilding credit, Capital One has a little something for everyone.
It’s worth noting that Capital One has some of the best business cards in the industry. In fact, we’ve included three of their cards on our list of best business credit cards. Capital One often offers stellar rewards with no extraneous fees and reasonable interest rates. This makes them a great go-to when you’re shopping around for your next card.
Curious which Capital One may work best for you? Read on through to find out!
|Card Name||Best For|
|Spark Cash from Capital One||High-rate cash back|
|Spark Cash Select from Capital One||Cash back and no annual fee|
|Spark Classic from Capital One||Fair credit users|
|Spark Miles from Capital One||High-rate travel rewards|
|Spark Miles Select from Capital One||Travel rewards and no annual fee|
|Secured Mastercard from Capital One||Rebuilding credit|
|Savor Rewards from Capital One||Restaurant and entertainment rewards|
Table of Contents
- Best For High-Rate Cash Back: Spark Cash from Capital One
- Best For Cash Back & No Annual Fee: Spark Cash Select from Capital One
- Best For Fair Credit Users: Spark Classic from Capital One
- Best For High-Rate Travel Rewards: Spark Miles from Capital One
- Best For Travel Rewards & No Annual Fee: Spark Miles Select from Capital One
- Best For Rebuilding Credit: Secured Mastercard from Capital One
- Best For Entertainment Rewards: Savor Rewards from Capital One
- Final Thoughts
Best For High-Rate Cash Back: Spark Cash from Capital One
With 2% cash back on all purchases, Spark Cash is one of the highest rate cash back cards on the market. This makes it an excellent choice for businesses looking for a card with a straightforward rewards scheme.
Capital One offsets this excellent rate with a $95 annual fee, although it is waived your first year. An annual fee of that amount means you’ll need to spend at least $4,750 in one year before your card starts earning cash. As such, if you won’t be spending much over that line every year, you may want to look elsewhere for your next cash back card.
You won’t need to pay foreign transaction fees, though, and employee cards can be requested for free. You’ll also get standard credit card benefits through the Visa Signature Benefits program. These extras include emergency card replacement, an auto rental damage waiver, purchase security against theft or damage, and extended warranty.
Want to learn more about the Spark Cash card? Get the full details with our complete review.
Best For Cash Back & No Annual Fee: Spark Cash Select from Capital One
Spark Cash Select From Capital One
15.24% - 23.24%, Variable
If you’re looking for a cash back card but don’t want to fork over an annual fee, the Spark Cash Select may be the way to go. While its 1.5% cash back isn’t as impressive as Spark Cash’s, you’ll save $95 per year due to its lack of an annual fee.
Spark Cash Select also offers a 0% introductory APR for the first nine months—something the non-Select card doesn’t include. If you need to carry a balance early on with your card, this could make the Select more appealing. As a note, the Select has a potentially higher APR down the road.
As for standard credit card features, it comes with the same array as the non-Select version. You won’t have to worry about foreign transaction fees and extra employee cards are free. For Visa Signature Benefits, you’ll get emergency card replacement, an auto rental damage waiver, purchase security against theft or damage, and extended warranty.
Get the complete look at the Spark Cash Select via the Merchant Maverick review.
Best For Fair Credit Users: Spark Classic from Capital One
Those who want a cash back card from Capital One, but don’t have a high enough credit score to qualify for either Spark Cash card may want to look into the Spark Classic. This card features a simple 1% cash back rewards scheme and is targeted at those with fair credit. You’ll net those rewards across all purchases, and there’s no annual fee to boot.
However, the APR does run towards the higher end compared to the Spark Cash cards. As such, you’ll want to make sure you pay off your balance every month. Doing so will come with the added bonus of helping turn your currently-average credit into good credit—potentially letting you apply for either Spark Cash card in the future.
Despite its rather mundane rewards and high APR, the Spark Classic comes bundled with plenty of standard perks. That means you won’t be charged extra for foreign transactions, and you can request additional employee cards for free. It further includes emergency card replacement, an auto rental damage waiver, purchase security against theft or damage, and extended warranty as part of Capital One’s partnership with Visa Signature Benefits.
Curious about the Spark Classic? Venture over to our review for all the deets.
Best For High-Rate Travel Rewards: Spark Miles from Capital One
For a basic travel rewards card, Capital One offers the Spark Miles card. This offering doles out two miles for every dollar spent, an impressive rate for an all-around travel card. These miles can then be redeemed for a range of awards, including flights, hotels, and vacation packages. Capital One also lets you transfer your miles to over 10 travel partners.
Like with the non-Select version of the Spark Cash, Spark Miles offsets the impressive rewards with a $95 annual fee. Although this fee is waived the first year, businesses that won’t be spending $4,750-plus on this card annually may want to look elsewhere for their next travel card.
With Spark Miles, you’ll have access to Capital One’s gamut of standard credit card features. You won’t have fork over a foreign transaction fee and employees cards come at no extra cost. There’s Visa Signature Benefits, too. These include emergency card replacement, an auto rental damage waiver, purchase security against theft or damage, and extended warranty.
For the full breakdown on the Spark Miles card, head on over to our in-depth review.
Best For Travel Rewards & No Annual Fee: Spark Miles Select from Capital One
Businesses that want travel rewards but want to avoid an annual fee should look towards Spark Miles Select. This card doesn’t offer the same level of rewards as the non-Select version with only 1.5 points per dollar spent, but you’ll get those rewards without needing to pay an annual fee. This makes it a good option if your business won’t be too spendy on your travel card.
It also packs in a 0% introductory APR for the first nine months. However, just like with the Spark Cash Select, your APR after those nine months could be higher than with the non-Select version. Of course, if you’re making a large purchase soon and are in the market for a travel card, the intro APR makes the Spark Miles Select an appealing option.
As with the other Capital One business cards, you’ll get the smorgasbord of standard features like no foreign transaction fees and free employee cards. On top those bonuses, you’ll have access to Visa’s Signature Benefits. Extra bonuses here include emergency card replacement, an auto rental damage waiver, purchase security against theft or damage, and extended warranty.
To get a comprehensive overview of the Spark Miles Select card, check out the Merchant Maverick review.
Best For Rebuilding Credit: Secured Mastercard from Capital One
If your credit isn’t good enough to qualify for the Spark Classic, you can opt to apply for the Capital One’s Secured Mastercard. This secured card will require a security deposit of at least $49, $99, or $200, depending on your creditworthiness. After you place down the deposit, you’ll gain access to an initial credit line of $200. By utilizing the card smartly, you’ll be able to boost your credit, helping you acquire better cards down the line.
Do note, however, that there are no rewards attached with this secured card. Additionally, its APR runs higher than any other card on this list. While these points are both disappointing, this card is meaning to help potentially riskier users, so Capital One offsets that fact by skimping on rewards and increasing APR. You’ll also want to keep in mind that this card is a personal card; however, that isn’t necessarily a bad thing.
Capital One does bundle in a few standard perks, though. You’ll be able to increase your credit line automatically after making your first five payments on time. You also won’t need to pay foreign transaction fees, and you’ll get $0 fraud liability, an auto rental damage waiver, travel accident insurance, and extended warranty.
For a deep dive into the Secured Mastercard from Capital One, read our full review.
Best For Entertainment Rewards: Savor Rewards from Capital One
Savor Rewards from Capital One
$95 ($0 the first year)
16.74% - 25.74%, Variable
If you do frequent entertaining or dining, Capital One offers their Savor Rewards card. This card features a whopping 4% back on dining and entertainment (which includes movies, plays, concerts, sporting events, theme parks, dance clubs, and more). You’ll also collect 2% back on grocery purchases and 1% back everywhere else.
On top of its hefty cashback rates, the Savor Rewards card charges no annual fee. Its APR also sits on par with other Capital One cards. Plus, if you use Savor Rewards to sign up for Postmates Unlimited, you’ll get your membership covered through December 2019.
Of course, this card also comes with Capital One’s array of standard features. You won’t have to pay foreign transaction fees (however, because the Savor Rewards card is targeted towards personal users, employee cards don’t exist). Additionally, you’ll gain access to a complimentary concierge service, $0 fraud liability, an auto rental damage waiver, travel accident insurance, and extended warranty.
Capital One offers an array of credit cards, each with their own pros and cons. While these cards are some of the best around, they won’t all work for everyone. By choosing the right card for your business, you’ll be able to maximize your rewards, ultimately saving your business money in the long run.