Spark Cash Plus
$150-fee NPSL charge card — unlimited 2% cash back, 5% on Capital One Business Travel, refundable fee at $150k spend
Costs & Pricing
Annual fee (primary): $150 ($150 statement credit if ≥ $150,000 net purchases by membership anniversary)
Employee card fee: $0 (free employee and virtual cards)
Purchase APR: Not printed as revolving purchase APR; Pay Over Time variable APR ~25.74% (review sites, mid-2026) if balance carried
Intro APR (purchases): Not offered
Intro APR (balance transfers): Not offered (balance transfers not available)
Foreign transaction fee: $0
Cash advance APR: Not disclosed on public product page
Late payment fee: 2.99% late fee if minimum payment not paid by due date
Penalty APR: Not disclosed (review sites report none)
Other fees: Pay Over Time interest accrues at end of billing cycle on carried balance. Roadside Dispatch pay-per-use (~$70). No overlimit fees (issuer-wide).
Rewards & Value
Bonus Categories & Promotions
- ★ 5% cash back on hotels, vacation rentals, and rental cars booked through Capital One Business Travel (outside portal earns 2%)
Partner Credits & Perks
- ✓ $150 annual-fee statement credit at ≥ $150,000 net purchases by membership anniversary
- ✓ $500 Business Travel credit (limited offer through 2026-09-07) after $30,000 / 3 months
Transfer partners: No native transfer partners; cash may convert to Capital One miles ($1 = 100 miles) if linked to miles-earning Cap One card
Credit, Limits & Spending
Credit limit: No preset spending limit (NPSL); purchasing power adjusts with behavior, payment history, and credit profile
Personal guarantee: Required in practice (issuer-typical for Cap One business cards; not quoted on product page)
Credit check: Hard pull on submit; pre-approval advertised as no impact to personal credit
Recommended credit: ~740+ FICO guidance (Excellent credit marketed; not guaranteed)
Employee cards: Free; spend limits, lock/unlock, account manager role; primary remains liable
Virtual cards: Offered for safer online payments; merchant-lock and card count not fully specified
Product type: Hybrid charge card / NPSL business card (designed pay-in-full; Pay Over Time optional)
Network: Visa or Mastercard (World Elite Mastercard Spark / Visa Signature Business Spark)
Benefits, Protections & Tools
Travel
- ✓ Auto rental CDW — primary for business rentals (Mastercard GTB; network-dependent)
- ✓ Lost luggage up to $2,000/bag ($3,000/trip NY) on common-carrier tickets
- ✓ Travel accident AD&D up to $250,000 when fare charged to card
- ✓ Roadside dispatch (pay-per-use, not prepaid insurance)
Purchase Protections
- ✓ Purchase security — 90 days, up to $10,000/claim, $50,000/cardholder (Mastercard GTB)
- ✓ Extended warranty — extra year on U.S. warranties of 3 years or less
- ✓ Cell-phone protection — $50 deductible, $800/claim, $1,000/account/12 months (Mastercard GTB)
- ✓ $0 fraud liability; 24/7 fraud monitoring
Business Tools
- ✓ Expense management with receipts/notes
- ✓ Accounts Payable — send and track vendor payments in-account
- ✓ Export to Quicken, QuickBooks, Excel; year-end summaries
- ✓ Recurring-transaction list, choose due date, AutoPay, card lock
- ✓ Virtual cards and employee spend controls in Capital One Mobile
Eligibility & Application
Who can apply: Authorized representative of U.S. small business; sole props may use SSN, entities use EIN
Business requirements: Beneficial owners/controllers collected; no published time-in-business or revenue floors
Issuer rules: Bonuses blocked for existing/previous Cap One Business cardholders; 48-month same-product bonus rule
Application impact: Pre-approval = no personal score impact (issuer claim); full apply = hard personal inquiry
Best for: High spend Flat 2% cash back No preset spending limit No foreign transaction fee Free employee cards Pay in full
Pros & Cons
Pros
- ✓ Uncapped 2% cash back on all net purchases
- ✓ NPSL capacity plus free employee and virtual cards
- ✓ $150 annual fee refunded at $150,000 net spend by anniversary
- ✓ Large year-1 bonuses — $2,000 at $30k/3 mo plus $2,000 per $500k spent
- ✓ $0 foreign transaction fee; 5% on Capital One Business Travel hotels/VR/cars
Cons
- ✗ $150 fee is real if spend stays below $150k/year
- ✗ Pay-in-full design — 2.99% late fee and Pay Over Time interest if you carry
- ✗ Bonus hurdles favor very high spenders ($30k/3 mo, $500k increments)
- ✗ No 0% intro APR and no balance transfers
- ✗ Bonus often blocked for existing/previous Capital One Business cardholders
Strong Buy (high-spend flat-rate NPSL)
Capital One Spark Cash Plus is the go-to for businesses with serious spend who can pay in full. Uncapped 2%, NPSL flexibility, free employee/virtual cards, and a refundable $150 fee at $150k make it a premium flat-rate engine — especially with the live $2,000 welcome bonus and limited $500 travel credit (through Sep 7, 2026). Poor fit for 0% financing seekers, lounge hunters, or businesses under $150k annual card spend.