The Capital One Spark Cash Plus business credit card earns 2% cash back everywhere.
The card has no present limit allowing you to use the card for large purchases without worrying about the credit limit.
Below are nine things you should know about the Capital One Spark Cash Plus business credit card.
- Earn $1,000 Bonus Cash: $500 after Spending $5,000 in the First 3 Months, and $500 after Spending $50,000 in the First 6 Months
- 5% Back on Hotels and Rental Cars Booked Via Capital One Travel
- 2% Cash Back on All Purchases
- Extended Warranty & No Foreign Transaction Fees
- $150 Annual Fee
1. $1,000 Sign Up Bonus
The Capital One Spark Cash Plus credit card is currently offering a welcome bonus of $1,000, which you can earn by meeting the following spending requirements:
- $500 after spending $5,000 in the first three months.
- $500 after spending $50,000 in the first six months.
2. 2% Cash back or 2x Miles
The Spark Cash Plus card earns 2% cash back everywhere or 2x miles that can be transferred to airlines and hotel points programs.
The 2x miles option requires that you also hold either a Capital One Venture X, Capital One Venture, or Capital One Spark Miles for Business. It is also an unofficial benefit of the card that can be changed at any time.
If you convert your cash back to Capital One miles, you can then transfer the miles to the airline and hotel points programs below.
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3. No Preset Spending Limit
There is no preset spending limit with this card, but you must pay the card in full each month or you will be charged a 2.99% monthly late fee.
4. $150 Annual Fee
The Capital One Spark Cash Plus has an $150 annual fee, which is quite high given the limited benefits.
The card is very valuable in the first year due to the welcome bonus, but the card has a poor long-term valuable proposition because it lacks premium card benefits such as rental car insurance or trip delay insurance.
The annual fee can be offset via a $200 annual bonus if you spend $200,000 on the card each year, but for 99% of people, obtaining the bonus is unlikely.
5. No Foreign Transaction Fees
This card has no foreign transaction fees on purchases outside the U.S., which is helpful if you travel internationally to help you avoid paying a 3% fee on those international purchases.

6. Extended Warranty Protection
Credit card extended warranty protection adds up to an additional year of coverage for eligible purchases on manufacturer’s warranties up to 3 years.
Coverage matches the protection provided by the original warranty so that damage or defect would have to be covered by the original warranty for extended warranty coverage.
The maximum coverage is $10,000 per item and $50,000 per cardholder.
For example, if you bought a TV with a manufacturer’s warranty of three years, then this card would extend the warranty for free to the fourth year.
But if the TV comes with a four or five-year warranty, you should consider using an American Express or Citi credit card, which covers warranties up to 5 years.

7. Free Employee Cards
You can add as many employees as you want to your Spark Cash Plus account without paying a separate annual fee.
8. Possible Additional $200 Bonus
Cardmembers who spend an incredibly high $200,000+ per year on the Spark Cash Plus card receive a $200 annual cash bonus.
9. Capital One Pulls All Three Credit Bureaus
Most credit card companies such as Chase and American Express only pull one credit bureau report when applying for a credit card.
However, Capital One is unique because it pulls all three credit bureau reports. This has more of an impact on your credit score than a normal credit card application, and it makes a denial sting even more.
The Verdict
The Capital One Spark Cash Plus card offers a very lucrative welcome bonus for the first year, which can be even more valuable by converting the cash back to airline miles.
- Earn $1,000 Bonus Cash: $500 after Spending $5,000 in the First 3 Months, and $500 after Spending $50,000 in the First 6 Months
- 5% Back on Hotels and Rental Cars Booked Via Capital One Travel
- 2% Cash Back on All Purchases
- Extended Warranty & No Foreign Transaction Fees
- $150 Annual Fee