Who is Capital One's Spark Cash Select Business Card Designed For?
The Sparks Cash Select Business is designed for business owners with excellent credit who want a simple to use no-nonsense cash card with no annual fee that still offers a signup bonus and travel and purchase benefits.
What are the Interest Rates for Capital One's Spark Cash Select Business Card?
Interest rates for the Spark Cash Select Business card ranges from 12.9% to 20.9%, depending among other things on creditworthiness and income. Cash advances have a 24.9% APR. The penalty rate for members who are late making payments is steep: 29.4% APR.
What Are the Fees for Capital One's Spark Cash Select Business Card?
Spark Cash Select Business card does not charge an annual fee or a balance transfer fee. The cash advance fee is 3% with a $10 minimum and late payments come with a $39 penalty fee. However, that is list, there are no foreign transaction, returned payment or over-the-credit-limit fees.
What Is Capital One's Spark Cash Select Business Card Rewards Program Like?
Spark Cash Select Business doesn't have the bells and whistles other reward programs offer. Its reward rate is nothing to write home about, 1.5% cash back, but it applies to all purchases and there aren't any categories, caps or requirements to worry about. Redeeming is also easy. There are no limits to how many points you can earn and you can redeem you cash at any time with no minimum amount.
What about Capital One's Spark Cash Select Business Card Signup Bonus?
New users receive a $100 cash bonus when they spend $3,000 on their card during the first three months.
Does Capital One's Spark Cash Select Business Card Any Other Benefits?
Capital One's Spark Cash Select business card offers members auto rental insurance, purchase security and extended protection on purchases. It also includes travel and emergency assistance services, fraud coverage and free additional cards for employees.
How Is Capital One's Spark Cash Select Business Card Better Than Other Credit Cards?
Although Spark has a middle of the road rewards rate of 1.5%, this rate applies to all purchases, so members don't have to mess around with revolving categories or spending caps when earning or redeeming points. It includes a $100 signup bonus, for users who spend at least $3,000 within the first 90 days. Capital One's Spark Cash Select also provides prime benefits, such as car rental insurance, travel assistance and purchase protection. All without charging an annual fee.