Capital One Spark Cash Plus Card – Full Review [2023]

Great Card If

• You’d like to earn an uncapped 2% cash-back on all purchases
• You want a card with helpful business features including no preset spending limit, payment flexibility, and free employee cards
• You’ll spend $150,000 or more on the card each year, allowing you to get your $150 annual fee refunded every year

Don’t Get If

• You want a card with no annual fee
• The majority of your business expenses fall within 1 or 2 bonus categories, and you’d like a card that optimizes for those expenses

Capital One Spark Cash Plus Card — Is It Worth It?

For business owners looking to boost their bottom line, the Capital One Spark Cash Plus card is a great option thanks to its unlimited 2% cash-back on all purchases. There are very few business cards available that offer uncapped 2% cash-back on all purchases, which makes this perk even more valuable.

Plus it includes perks like roadside assistance, extended warranty coverage, free employee cards, no foreign transaction fees, and get your $150 annual fee refunded every year you spend at least $150,000.

Capital One Spark Cash Plus Card Top Benefits

Card Protections

• Roadside Assistance: Call the number on the back of your card in the event of any auto-related emergencies, such as jump-starting, tire changing, and towing.
• Extended Warranty Coverage: Items purchased with your card with extended warranties of 3 years or less receive 1 additional year of coverage.

Annual Cash Bonus

While not an automatic benefit of the card, those who spend $150,000 on the card in a calendar year will get your $150 annual fee refunded every year, in addition to the $4,000 they would have received for the card’s 2% cash-back on all purchases.

This might not seem like it moves the needle much, but if your business has the capacity for that spend anyway, then this certainly is a welcome perk. Plus, knowing you’ll meet this threshold makes it easy to mentally write off the card’s annual fee.

Best Way To Earn and Redeem Cash-back Rewards

The best way to earn as much cash-back as possible with your card is to use it for all of your business expenses. This should be easy to do since you know you’ll be earning an uncapped 2% cash-back on every purchase you make, in addition to 5% cash-back on hotels and rental cars purchased through Capital One Travel.

Once you’ve earned your cash-back, you can use it to offset business expenses you put on your card at the end of each billing cycle.

Alternative Cards to the Capital One Spark Cash Plus Card

Capital One Spark Cash Select for Business

If you like the idea of earning cash-back rewards on all of your business purchases, but don’t like the idea of paying an annual fee, the Capital One Spark Cash Select card is a great solution. For no annual fee, you’ll still earn an uncapped 1.5% cash-back on all purchases, and enjoy benefits including payment flexibility, free employee cards, and no foreign transaction fees.

Capital One Spark Miles for Business

For those that prefer travel rewards to cash-back, enter the Capital One Spark Miles card. With it, you’ll earn an uncapped 2x miles per $1 on all purchases, plus 5x points per $1 on hotels and rental cars booked through Capital One Travel. You’ll also receive a Global Entry or TSA PreCheck credit, 2 free entries to Capital One Lounges or Plaza Premium Lounges each year, and access to the Capital One travel transfer partners.

The information regarding the Capital One Spark Cash Plus Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Capital One Spark Cash Select for Excellent Credit was independently collected by Upgraded Points and not provided nor reviewed by the issuer.

Information regarding the Capital One Spark Miles for Business was independently collected by Upgraded Points and not provided nor reviewed by the issuer.