Capital One Spark Classic for Business Credit Card Review

With no annual fee and unlimited 1% cash back rewards, the Capital One Spark Classic for Business is suitable for small business owners who like a simple cash back system. The card itself would not be a great fit for someone who is a big spender, or those with higher credit, as there are better credit cards out there for that demographic. Also, the APR is really high, so unless you have fair credit and really need a business credit card, wait until your credit improves and apply for a different card. We dive into the details and your approval odds in this Spark Classic review.

Our Rating
3.5/5.0

Welcome Offer
None

Annual Fee
$0

0% on Purchases

Reward Rate
1% to 5%

0% on Balance Transfers

Welcome Offer

Features & Benefits

SecurityFraud Monitoring, Zero Liability, Alerts, Virtual Card Numbers, Card Lock
Contactless PaymentsTap to Pay, Apple Pay, Google Pay, Samsung Pay
BenefitsExtended Warranty Coverage, 24/7 customer service
Travel PerksRoadside Assistance

Rewards

1% cash back
On all other eligible purchases
Earn unlimited 1% cash back for your business on every purchase, everywhere, no limits or category restrictions
5% cash back
Hotels
5% cash back on hotels booked through Capital One Travel
5% cash back
Rental Cars
5% cash back on rental cars booked through Capital One Travel

Interest Rates & Fees

Annual Fee$0
Foreign Transaction FeeNone
Regular APR30.49% (V) APR

What Credit Score Is Required to Get the Capital One Spark Classic for Business

The following credit score data are based on publicly available information we have collected from various forums. We have no way to confirm the accuracy of this data. In addition, keep in mind that credit card issuers use a number of factors in their underwriting process, and these factors can change at any time.

App StatusDateCredit ScoreBureauCredit Limit
Approved12/21/2022
683
Experian
$8,000
Approved02/14/2020
725
Equifax
$5,000
Approved02/14/2020
772
TransUnion
$5,000
Approved02/14/2020
792
Experian
$5,000
Approved12/21/2022
652
TransUnion
$8,000
Approved12/21/2022
668
Equifax
$8,000
Pros

  • No annual fee
  • Unlimited 1% cash back
  • Requires Fair credit

Cons

  • High APR
  • Not suitable for big spenders/higher credit

What Are the Best Alternatives?

Capital One Spark Cash Select for Good Credit
Capital One Spark Cash Select for Good Credit

Rating

4.5

Rewards Range

1.5% to 5%

Annual Fee

$0

Capital One Spark Miles for Business
Capital One Spark Miles for Business

Rating

4.7

Rewards Range

2x

Annual Fee

$0 intro for first year; $95 after that

Ink Business Unlimited® Credit Card
Ink Business Unlimited® Credit Card

Rating

4.9

Rewards Range

1.5%

Annual Fee

$0

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