Earn unlimited 1% cash back on every purchase, everywhere, plus 5% back on hotels and rental cars booked through Capital One Business Travel. This cash back credit card helps you invest in your company while earning rewards on every transaction.
Is the Spark 1% Classic from Capital One good?
Yes this low interest rate credit card is designed for small business owners who want to earn rewards while establishing or improving their credit. With no annual fee, it allows you to focus on growth while managing expenses with ease.
The Spark 1% Classic also comes with business-grade benefits, including digital expense tracking, employee card access, virtual card numbers, and fraud protection making it one of the best credit cards to start building credit for business owners.
Pros and cons of the Spark 1% Classic
Before making your decision, it’s important to weigh the pros and cons:
Cons
- High variable APR of 29.49%.
- No intro APR or welcome bonus offered.
Pros
- Unlimited 1% cash back on all purchases with no limits or categories.
- Helps build business credit while offering $0 annual fee.
- Perfect credit card to start building credit for entrepreneurs and new businesses.
How to apply for my business credit card
Applying for the Spark 1% Classic from Capital One is fast and simple. You can apply online and get a decision within seconds the entire process takes about 10 minutes. You’ll need basic business details such as your legal business name, tax ID (TIN), and owner information.
You can also check if you’re pre-approved with no impact to your personal credit score. Once approved, you’ll enjoy all the benefits of this cash back credit card immediately.