Capital One Spark Cash Select review: Business cash back with no annual fee
Editor's Note
Capital One Spark Cash Select overview
The Capital One Spark Cash Select is a no-annual-fee business card that's a good option for small-business owners who want to earn cash back at a flat rate on all their purchases. A sibling to the Capital One Spark Cash Plus card, the Spark Cash Select earns an unlimited 1.5% back on all purchases. Still, some business owners will be disappointed by the limited benefits the Spark Cash Select offers. Card Rating*: ⭐⭐⭐
*Card rating is based on the opinion of TPG's editors and is not influenced by the card issuer.
When it comes to flexible credit card rewards, cash back is king. You can use your rewards to fund travel, upgrade your office furniture or order lunch to celebrate completing a big project.
If you want to earn your cash back without paying an annual fee, the Spark Cash Select could be the perfect card for your business. TPG recommends applicants have a credit score of 740 or higher to increase their chances of approval.
Let's dive into what this card can offer you and your business.
Spark Cash Select pros and cons
| Pros | Cons |
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Spark Cash Select welcome offer
Currently, new cardholders earn a one-time $750 cash bonus after spending $6,000 within the first three months of opening an account with this card.
This $750 bonus is impressive, especially considering that cash-back cards generally have lower welcome offers. Since you don't have to pay an annual fee, this bonus is money that goes right back into your pocket — or business.
Related: The best time to apply for these popular Capital One credit cards based on offer history
Spark Cash Select benefits
A standout benefit of the Spark Cash Select is that it doesn't charge foreign transaction fees, so it's a good card to have in your wallet if your business travels take you abroad.
You'll also get some basic perks like year-end spending summaries to make tax season easier, extended warranty on eligible items and roadside assistance should you need it. Still, the Spark Cash Select's perks are considerably light compared to what some of our other favorite business credit cards have to offer.
Related: How to pick a strategy for your small-business credit cards
Earning cash back on the Spark Cash Select
One of the best things about the Spark Cash Select is its simple earning structure. Cardholders earn 5% back on hotels and rental cars booked through Capital One's travel booking site and an unlimited 1.5% cash back on all other purchases.
If you spend a large portion of your budget on purchases that don't earn any bonus points with most business cards, this flat earning rate is a great way to fill in the gaps in your business spending reward strategy.
Related: Why you should get a fixed-rate rewards credit card
Redeeming cash back on the Spark Cash Select
Just like earning rewards, redeeming your Spark Cash Select rewards is simple and straightforward. You can redeem your cash back rewards for any amount, and the rewards won't expire as long as your account is open.
A drawback to this card is that you won't have the option to get a higher value from your rewards by transferring them to a valuable travel partner. But if you don't want to spend time and energy learning how to maximize your rewards and planning your redemptions, the simplicity of your cash back is attractive.
Related: How to redeem cash-back rewards from your credit card
Which cards compete with the Spark Cash Select?
If you want to earn a higher return on your business expenses or have more options for redeeming your rewards, one of the following cards will likely be a better fit.
- If you spend enough to justify paying an annual fee: The Capital One Spark Cash Plus earns a higher 2% back on all purchases but has a $150 annual fee. You'll get your annual fee refunded after you spend $150,000 each year, so this is a better option if you spend enough to reap this card's additional benefits. For more details, check out our full review of the Spark Cash Plus.
- If you want more reward redemption options: The Capital One Spark Miles Select for Business earns rewards as miles, allowing you to transfer your rewards to any of Capital One's 15-plus airline and hotel partners. For more details, check out our full review of the Spark Miles Select.
- If you want to earn Chase Ultimate Rewards: The Ink Business Unlimited® Credit Card (see rates and fees) also earns an unlimited 1.5% cash back on all purchases. But if you also have a card that allows you to transfer your rewards to travel partners, like the Chase Sapphire Preferred® Card (see rates and fees) or the Ink Business Preferred® Credit Card (see rates and fees), you can transfer the rewards you earn with the Ink Business Unlimited as well. For more details, check out our full review of the Ink Business Unlimited.
For additional options, see our full list of the best no-annual-fee business cards and the best business cash-back cards.
The information for the Spark Miles Select for Business has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
Related: Capital One Spark Cash Plus vs. Spark Miles for Business: Which is better for your business?
Is the Spark Cash Select worth it?
The Spark Cash Select allows you to get the full value of your welcome bonus and cash-back rewards without having to worry about justifying an annual fee. However, if you spend enough to justify an annual fee or can maximize the bonus categories on other credit cards, this card isn't likely to spark joy.
Related: How to apply for a Capital One business credit card
Bottom line
If you want a business card that earns cash-back rewards at a flat rate and doesn't have an annual fee, the Spark Cash Select is a great option. But if you have significant business expenses, you'll want to opt for a card with higher earning potential and more substantial benefits.
Learn more: Capital One Spark Cash Select
For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
TPG featured card
at American Express's secure site
Terms & restrictions apply. See rates & fees.
| 3X | Earn 3X Miles on Delta purchases. |
| 1X | Earn 1X Miles on all other eligible purchases. |
Pros
- Delta SkyClub access when flying Delta
- Annual companion ticket for travel on Delta (upon renewal)
- Ability to earn MQDs through spending
- Various statement credits for eligible purchases
Cons
- Steep annual fee of $650
- Other Delta cobranded cards offer superior earning categories
- Earn 100,000 Bonus Miles after you spend $6,000 or more in purchases with your new Card within the first 6 months of Card Membership and an additional 25,000 bonus miles after you make an additional $3,000 in purchases on the Card within your first 6 months, starting from the date that your account is opened. Offer Ends 04/01/2026.
- Delta SkyMiles® Reserve American Express Card Members receive 15 Visits per Medallion® Year to the Delta Sky Club® when flying Delta and can unlock an unlimited number of Visits after spending $75,000 in purchases on your Card in a calendar year. Plus, you’ll receive four One-Time Guest Passes each Medallion Year so you can share the experience with family and friends when traveling Delta together.
- Enjoy complimentary access to The Centurion® Lounge in the U.S. and select international locations (as set forth on the Centurion Lounge Website), Sidecar by The Centurion® Lounge in the U.S. (see the Centurion Lounge Website for more information on Sidecar by The Centurion® Lounge availability), and Escape Lounges when flying on a Delta flight booked with the Delta SkyMiles® Reserve American Express Card. § To access Sidecar by The Centurion® Lounge, Card Members must arrive within 90 minutes of their departing flight (including layovers). To access The Centurion® Lounge, Card Members must arrive within 3 hours of their departing flight. Effective July 8, 2026, during a layover, Card Members must arrive within 5 hours of the connecting flight.
- Receive $2,500 Medallion® Qualification Dollars with MQD Headstart each Medallion Qualification Year and earn $1 MQD for each $10 in purchases on your Delta SkyMiles® Reserve American Express Card with MQD Boost to get closer to Status next Medallion Year.
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- $240 Resy Credit: When you use your Delta SkyMiles® Reserve American Express Card for eligible purchases with U.S. Resy restaurants, you can earn up to $20 each month in statement credits. Enrollment required.
- $120 Rideshare Credit: Earn up to $10 back in statement credits each month after you use your Delta SkyMiles® Reserve American Express Card to pay for U.S. rideshare purchases with select providers. Enrollment required.
- Delta SkyMiles® Reserve American Express Card Members get 15% off when using miles to book Award Travel on Delta flights through delta.com and the Fly Delta app. Discount not applicable to partner-operated flights or to taxes and fees.
- With your Delta SkyMiles® Reserve American Express Card, receive upgrade priority over others with the same Medallion tier, product and fare experience purchased, and Million Miler milestone when you fly with Delta.
- Earn 3X Miles on Delta purchases and earn 1X Miles on all other eligible purchases.
- No Foreign Transaction Fees. Enjoy international travel without additional fees on purchases made abroad.
- $650 Annual Fee.
- Apply with confidence. Know if you're approved for a Card with no impact to your credit score. If you're approved and you choose to accept this Card, your credit score may be impacted.
- Terms Apply.
- See Rates & Fees