5 Best Capital One Business Credit Cards for 2023
When you’re working to start or grow your business, a business credit card can be the perfect tool. It can help you get the capital needed to make major investments or even just manage your day-to-day business spending. As a bonus, many business credit cards — including those offered by Capital One — offer rewards for signing up and making purchases.
Capital One is a top credit card issuer in the industry, and its business cards are no exception. The company’s business cards offer a wide variety of cash and travel rewards so that every business owner can find a credit card that works for them.
The Best Capital One Business Credit Cards
Capital One’s business credit cards are all a part of the Spark credit card suite. Each of these cards has unique benefits and features.
Best No-Fee Rewards Card: Spark Cash Select
Annual Fee: $0
Purchase APR: 17.99% – 23.99%
Credit Required: Excellent
The Spark Cash Select card offers a one-time bonus of $500 when you spend $4,500 in the first three months. You’ll also earn 1.5% unlimited cash back on all purchases and 5% cash back on hotels and rental cars booked through Capital One Travel.
Best for 0% Intro APR: Spark Cash Select for Good Credit
Annual Fee: $0
Purchase APR: 17.99% – 23.99%
Credit Required: Good
This card is the only one of Capital One’s business cards that offers a 0% introductory APR. As a result, it’s great for businesses preparing to make a large purchase or those who want a bit of breathing room to help them pay off their startup expenses. The card also offers 1.5% unlimited cash back on all purchases and 5% cash back on hotels and rental cars booked through Capital One Travel.
Best for Fair Credit: Spark Classic
Annual Fee: $0
Purchase APR: 29.99%
Credit Required: Fair
This is the perfect Capital One business card for owners rebuilding their credit since you only need fair credit to qualify. You’ll earn 1% cash back on all purchases and 5% cash back on hotels and rental cars booked through Capital One Travel. This card does have a higher interest rate to accommodate for the lower credit requirement.
Best for Established Businesses: Spark Cash Plus
Annual Fee: $150
Purchase APR: N/A
Credit Required: Excellent
The Spark Cash Plus is the ideal card for most established businesses, as it requires you to repay your balance in full each month. You’ll get a one-time cash bonus of $1,200 if you spend $30,000 in the first three months. You’ll also earn 2% cash back on all purchases and 5% cash back on hotels and rental cars booked through Capital One Travel.
Best for Free Travel Rewards: Spark Miles Select
Annual Fee: $0
Purchase APR: 17.99% – 23.99%
Credit Required: Excellent
The Spark Miles Select is perfect for business owners who want the benefits of a travel credit card without an annual fee. You’ll earn a one-time bonus of 50,000 bonus miles when you spend $4,500 in the first three months. You’ll also earn 1.5X miles on all purchases and 5X miles on hotels and rental cars booked through Capital One Travel. You can use your earned miles within Capital One Travel or transfer them to more than 15 travel partners.
Best for Travel Rewards: Spark Miles
Annual Fee: $95 ($0 the first year)
Purchase APR: 25.74%
Credit Required: Excellent
The Spark Miles card offers even more travel benefits than the Spark Miles Select, but you’ll have to pay an annual fee to get them. You’ll get 50,000 when you spend $4,500 in the first three months. You’ll also get 2X miles on all purchases and 5X miles on hotels and rental cars booked through Capital One Travel. Finally, you’ll get a $100 credit for either Global Entry or TSA PreCheck.
Benefits of Capital One Business Credit Cards
No matter which Capital One business credit card you choose, you’ll get access to make perks and features to help you with your business. Here are a few benefits:
Account and Business Management
Capital One business credit card customers get access to various business tools that can help you in your business. Those tools include:
- Ability to choose your payment due date
- Automatic payments
- Pay vendors by card
- Set up recurring transactions
- Year-end financial summaries
- Integrations with other financial platforms
Employee Access
If your business has employees, you can give them access to your business card. You won’t pay extra for each employee card, and you can track all of their spending and earn rewards from it. You can also set spending limits for your employees and assign certain employees as account managers.
Customer Service
Capital One business customers have dedicated customer service agents that are trained to work with businesses. They can help answer any questions about your account. And Capital One’s virtual assistant, Eno, keeps an eye on your account 24/7 to look out for anything suspicious.
Business-Grade Protection
Capital One’s business credit cards come with elevated fraud protection that includes:
- Fraud alerts via email or text message
- Security alerts for suspicious transactions
- $0 fraud liability
- Extended warranty and protection on eligible purchases
- Virtual card numbers to make vendor payments
- Card lock if your card or an employee’s card is lost or stolen
Travel Benefits
Each of Capital One’s business cards allows you to get a higher cash-back rate when you book hotels and rental cars through Capital One Travel. Depending on the card you choose, you may also have benefits that include:
- Miles transfers to more than 15 travel partners
- Capital One lounge access
- Redeem your miles for travel
- Statement credit for Global Entry or TSA PreCheck
- No foreign exchange fees
Free Business Tools
When you have a Capital One business credit card, you’ll get free business tools, including money back for online purchases through Capital One Shopping and pre-negotiated business discounts on things you need for your business.
Which Capital One Business Credit Card Is Right for You?
One of the benefits of Capital One’s suite of business credit cards is that there’s truly a card that’s right for everyone. Whether you’re an established business, are rebuilding your credit, travel a lot, or simply want each cash back, you can find a card that’s right for you.
The biggest considerations when choosing a business card through Capital One are:
- Your credit profile
- Whether you want an annual fee
- Whether you travel for business
- Whether you can repay your balance in full each month
- Whether you want a 0% intro APR to make a large purchase
Alicia Bodine contributed to the reporting for this article.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
