Costs & Pricing

Metric	Ink Business Unlimited® Credit Card	Spark 1.5% Cash Select
Annual fee	$0	$0
Employee card fee	$0	$0
Purchase APR	16.74%–24.74% variable (Prime + 9.99% to +17.99%; cap 29.99%)	16.74%–26.74% variable after intro (based on creditworthiness)
Intro APR (purchases)	0% fixed for first 12 months (lost if minimum payment missed)	0% for 9 months, then 16.74%–26.74% variable
Foreign transaction fee	3%	$0
Late payment fee	$40	Not disclosed on public product page (aggregators: up to $39; cash-back hub footnote mentions 2.99% — unresolved)

Rewards & Value

Metric	Ink Business Unlimited® Credit Card	Spark 1.5% Cash Select
Base earn rate	1.5% cash back (1.5 Ultimate Rewards points per $1)	Unlimited 1.5% cash back on every purchase (no category restrictions)
Welcome bonus	$1,000 cash back after $8,000 in purchases within first 4 months (100,000 points; as of 9/3/2026)	$750 cash after $6,000 purchases in first 3 months
Redemption value	1¢/point for cash, gift cards, and program travel; Amazon Shop with Points 0.8¢/point	Face-value cash (statement credit or check); any amount; does not expire while account is open
Transfer partners	Not native on this card; points can be moved to another Ultimate Rewards account for transfer-partner access when paired with eligible cards (e.g., Ink Preferred)	Cash itself does not transfer. If you also hold a Capital One miles card, cash can convert at 1¢ = 1 mile (widely documented; not on the Select product page).

Credit & Eligibility

Metric	Ink Business Unlimited® Credit Card	Spark 1.5% Cash Select
Personal guarantee	Required — joint and several liability of authorizing officer and business	Not quoted on product page; market practice = required for Capital One small-business revolving cards
Credit check	Hard pull on authorizing officer's personal credit (SSN required)	Hard pull on apply (commonly all three bureaus). Pre-approval advertised as no impact to personal score.
Employee cards	Free; number not capped in public copy; individual spend limits, lock/unlock, and alerts	Free; custom spend limits; card lock; account-manager role (primary remains liable)
Product type	Revolving business credit card	Revolving business credit card (fixed credit line)

Pros & Cons

Ink Business Unlimited® Credit Card

Pros

• $0 annual fee on primary and employee cards
• Uncapped 1.5% on eligible purchases — simple flat-rate earn
• 12-month 0% intro APR on purchases
• Elevated $1,000 / $8,000 / 4-month welcome bonus (as of 9/3/2026); AU spend counts
• Primary business-use rental CDW up to $60,000 on a no-fee card

Cons

• 3% foreign-transaction fee
• No native bonus categories — loses to 2% flats and Ink Cash/Preferred in bonus buckets
• Personal guarantee + hard personal pull + unofficial 5/24 rule
• Welcome bonus blocked if you ever held this or another $0-AF Chase business card
• No balance-transfer intro APR; no cell-phone protection or premium travel credits

Spark 1.5% Cash Select

Pros

• $0 annual fee; unlimited 1.5% cash back with no category tracking
• Live $750 / $6,000 / 3-month welcome bonus
• 9-month 0% intro APR on purchases
• $0 foreign-transaction fee; free employee cards that earn the same rate
• Cash back never expires while the account is open; redeem any amount

Cons

• 1.5% trails 2% flats and category-heavy Ink/Amex products at scale
• 5% travel only inside Capital One Business Travel; no lounge/GE credits
• Balance transfers not available
• Revolving Spark cards commonly report to personal credit
• Excellent-credit bar; full Schumer (late fee, penalty APR) not on the public product page

Verdict

Ink Business Unlimited® Credit Card

One of the strongest no-annual-fee business cards for flat-rate earn. The Ink Business Unlimited combines uncapped 1.5% cash back, a generous intro APR window, free employee cards, and a elevated welcome bonus — all without an annual fee. Best for domestic spenders who don't need category bonuses or premium travel perks. Poor fit for foreign spend, no-PG seekers, or businesses that would earn more with Ink Cash or Ink Preferred in their bonus categories.

Spark 1.5% Cash Select

Spark Cash Select is the clean no-fee 1.5% Capital One option — plus a $750 bonus and 9 months of 0% on purchases. It is not Spark Cash Plus (NPSL, $150) and not Classic (fair credit, 1%). Best as a simple daily driver or year-1 0% tool; once annual spend is high enough that a 2% flat or category card wins, move the volume.