Alistair Berg / Getty Images

Earn up to $500 bonus cash back with Spark Cash for Business cards

Business owners could find lucrative sign-up bonuses with two of Capital One's popular business cards.


See what Spark Cash for Business intro bonuses can get you in rewards in the first year.

The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Please review our list of best credit cards, or use our CardMatch™ tool to find cards matched to your needs.

Some of the offers below are no longer available and may be out of date.

If you are looking for a card that rewards your business spending with a flat cash back rate and offers a competitive sign-up bonus, you’re in luck. Capital One has both no annual fee and premium options. Right now, both the Capital One Spark Cash for Business (no longer available) and the Capital One Spark Cash Select – $500 Cash Bonus come with a generous $500 bonus if you spend $4,500 in the first three months.

Which Capital One Spark Cash card is better in the first year?

Though it comes with a $95 annual fee, the Spark Cash card has a higher rewards rate that can help heavy spenders earn more rewards than with the Spark Cash Select. Plus, the annual fee is waived the first year.

Capital One Spark Cash for Business

Capital One Spark Cash for Business

Capital One Spark Cash Select for Excellent Credit

Capital One Spark Cash Select for Excellent Credit

Rewards rate2% cash back on all purchases1.5% cash back on all purchases
Sign-up bonus$500 cash bonus if you spend $4,500 in first 3 months$500 cash bonus if you spend $4,500 in first 3 months
Annual fee$95, waived first year$0
Estimated earnings in first year ($4,000 monthly spend)$1,460$1,120

With the Spark Cash Select, you might not pay an annual fee, but you will take home much less in cash rewards each year. In fact, you only need to spend around $2,000 per month to make up for the Spark Cash card’s $95 annual fee and still earn more rewards.

Recent changes to the Spark Cash cards

The Spark Cash for Business card has offered some incredible, limited-time sign-up bonuses in its history – up to $1,500 more than its standard offering. However, the most recent offer expired in January 2020.

Spark Cash for Business Card Recent Changes

Jan. 28, 2020
$500 when you spend $4,500 in the first 3 months
  • $500 when you spend $5,000 in the first 3 months
  • Additional $1,500 when you spend $50,000 in first 6 months

The Spark Cash Select for Business, on the other hand, just raised its bonus from $200 to $500.

Spark Cash for Business Card Recent Changes

July 20, 2021
$500 when you spend $4,500 in the first 3 months
Previous:$200 when you spend $3,000 in the first 3 months

Who is eligible for the sign-up bonus?

The Spark Cash sign-up bonus is a promotion for new cardholders, so existing or previous account holders are probably not eligible. Capital One also places a few limitations on who can apply. For example, you are not eligible for a Spark card if you have applied for another Capital One card two or more times in the last 30 days. You’re also limited to five open credit cards with the bank, so if you’ve already hit the cap, you won’t be able to take advantage of this offer.

Both the Spark Cash and Spark Cash Select cards require applicants with excellent credit (above 750). Because they are business cards, you’ll also have to provide information about your business. This includes your TIN or EIN (or SSN if you are a sole-proprietorship or single-member LLC), business ownership type, annual revenue and spend per month. There are no specified qualifications for these cards when it comes to business size or average spend, but it is still important that you have a good personal credit history.

Redemption options for Spark Cash cards

Once you’ve racked up cash back rewards on your Spark Cash or Spark Cash Select card, you have a few different redemption options. You can opt for the traditional statement credit or even set an auto-redemption at thresholds anywhere from $25 to $200. You can also redeem your cash rewards for a check or a gift card.

Should you apply for a Spark Cash card now?

The bonus on the Spark Cash for Business card is not the highest it has ever been, but it is still a pretty generous offer for an introductory bonus. Plus, the spend threshold is relatively low for a small business to meet.

As for the Spark Cash Select, the bonus is the best the card has ever offered. If the Spark Cash Select matches your business spending and you want an influx of cash, now is as good a time as ever to sign up for the card.

Don’t forget, if you’d prefer some time to pay off a large purchase without interest over a cash bonus, the Spark Cash Select also comes in a different version with a 0% interest APR for 12 months (15.99% to 23.99% variable APR thereafter) instead. Be sure to check the terms of your offer carefully before applying.

Editorial Disclaimer

The editorial content on this page is based solely on the objective assessment of our writers and is not driven by advertising dollars. It has not been provided or commissioned by the credit card issuers. However, we may receive compensation when you click on links to products from our partners.

Credit Card Rate Report
Cash Back

Questions or comments?

Contact us

Editorial corrections policies

Learn more