Capital One Spark Cash Plus review

Spark Cash Plus is aimed at businesses that run large amounts of spend through one card. It pays unlimited 2% cash back on every purchase and 5% on hotels, vacation rentals and rental cars booked through Capital One Business Travel. The card has no preset spending limit; Capital One says purchasing power adapts to spending behavior, payment history and credit profile. It is designed to be paid in full, with the option to carry part of the balance with interest. The annual fee is $150, refunded every year you spend at least $150,000. The welcome offer is a $2,000 cash bonus after $30,000 in spend in the first 3 months, plus another $2,000 for every $500,000 spent in the first year. Employee and virtual cards are free and there are no foreign transaction fees. For a business spending $30,000 a month on inventory or ads it is hard to beat; a smaller business gets the same 2% from Wells Fargo Signify without a fee.

Who it is for

high-spend businesses that clear $150,000 a year on the card

Price

$150 annual fee, refunded each year you spend at least $150,000.

The Spark Cash Plus card has an annual fee of $150, which is refunded annually when you spend at least $150,000.
Quoted from the vendor pricing page on November 12, 2026.

Key features

• Unlimited 2% cash back on every purchase with no category restrictions
• $2,000 cash bonus after $30,000 in the first 3 months, plus $2,000 for every $500,000 spent in the first year
• 5% cash back on hotels, vacation rentals and rental cars booked through Capital One Business Travel
• No preset spending limit that adapts to spending, payment history and credit profile
• Free employee and virtual cards, and no foreign transaction fees

Strengths and weaknesses

• Strength: $150 annual fee is refunded every year you spend at least $150,000
• Strength: Large spend-based bonuses for businesses with big monthly volume
• Strength: No foreign transaction fees on purchases outside the US
• Weakness: $150 annual fee for businesses that spend under $150,000 a year
• Weakness: Designed to be paid in full; carrying part of a balance costs interest
• Weakness: The $2,000 welcome bonus needs $30,000 in spend within 3 months

Key facts

• Annual fee: $150, refunded at $150,000 yearly spend
• Rewards: Unlimited 2% cash back
• Spending limit: No preset limit
• Foreign transaction fee: None

Where it ranks

Capital One Spark Cash Plus is No. 4 in our Best Business Credit Cards verdict and No. 8 in Best Corporate Cards for Startups.