One exception is that it doesn’t charge a foreign transaction fee, which is uncommon for a cash-back credit card. Overall, the Capital One Spark Cash Select Excellent Credit's fees are in line with industry standards. Other than that, the bank’s security features are standard for the industry. This can stop someone from using the card if it's lost or stolen, and can also come in handy if you want to restrict employee usage. Security FeaturesĬapital One gives cardholders the ability to lock their or an employee's card from the mobile app. You can manage your account online or with the card issuer's mobile app, which was ranked No. Power’s 2021 Credit Card Customer Satisfaction Study behind Discover and American Express, ranking about average among national card issuers. Capital One provides 24/7 customer service, which is standard among credit card issuers.
#Capital one spark free#
Free employee cards and customized spending limitsĬapital One was rated third in J.D.So other than using your card for every purchase you can, there’s not much you can do to maximize the value of the cash back you receive. This card's cash-back rewards are worth the same regardless of how you redeem them. Other redemption options include gift cards and statement credits for specific purchases (as opposed to a general credit).
You can even set up automatic redemptions once your balance reaches a certain threshold, such as $25, $50, $100, $200, $500, or $1,500. You can receive cash in the form of a statement credit or paper check. Your cash-back rewards will never expire, and you can redeem them for cash at any amount and at any time. While those are fairly solid rewards for a business card with no annual fee, they’re not the best rate out there, even among business cards with no annual fee. You’ll earn a flat 1.5% cash back on every purchase you make. For example, it's less than half of what you'd get for the same spending requirement with the Chase Ink Business Unlimited, which offers a $750 bonus after you spend $7,500 in the first three months. That's a relatively low return on spending. Its flat 1.5% cash-back rewards have an appealing simplicity for businesses that have little time to master the multiple rewards rates of certain cards, and don't spend enough in any one category to justify the time required for such monitoring.Ĭapital One Spark Cash Select Excellent Credit BonusĪs a new cardholder, your business will earn a one-time offer of $500 after you spend $4,500 in the first three months.
The Capital One Spark Cash Select Excellent Credit is best suited to new businesses who need a no-cost card that will earn them decent rewards and the opportunity for nine months of interest-free purchases. Earning a primary or side income from a small business
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