Capital One Spark 1.5% Cash Select Credit Card Review
Key Takeaways
This is one of six Capital One business cards, but not one we recommend. The 75,000-point bonus in the form of cash back lacks flexibility unless you already have a miles-earning Capital One card to convert rewards. Since it counts against your 5/24, it’s better to start with a card that offers a higher signup bonus and earns miles instead of cash back.
Why This Card Could Be Right For You
This card simplifies rewards with:
- 75,000 points in the form of cash back after spending $6,000 in the first three months
- 1.5% cash back on every purchase, everywhere, with no category restrictions, helping you earn more cash back while working toward your sign‑up bonus
- No annual fee
- Roadside assistance
- Extended warranty protection on eligible items purchased with this card
At first glance, this might suit a small business just getting into points and miles. However, we generally prefer miles and points for travel deals over cash back. You can transfer these cash back rewards to miles by moving them to an eligible miles‑earning Capital One card.
When The Usual Advice Doesn't Apply
The exceptions where this card might not be good for you:
- You prefer miles instead of cash. While you can transfer cash rewards to an eligible miles‑earning Capital One card, you can skip that extra step by choosing a miles‑earning card from the start.
- You don’t mind canceling a card after the first year to take advantage of a more lucrative card with an annual fee that’s waived in the first year.
What to Know About Capital One Miles
Capital One is a flexible point system we use for travel items that other systems don't cover
- Partner transfers are niche airlines and hotel brands, making the points more difficult to maximize
- Using an award search tool such as PointsYeah makes finding flights with those airlines more realistic
- Simple redemptions for erasing travel can be useful for cruises & rental cars (at 1¢/point so value isn’t maximized)
- Capital One is particularly attractive to businesses with large spending
How The Capital One Spark 1.5% Cash Select Credit Card Fits In The Capital One Miles Ecosystem
Capital One offers six business cards, split between cash back and miles-earning options. This card falls on the cash back side, which limits its value unless you also hold a miles-earning card to convert rewards into transferable miles.
It’s also important to plan around Capital One’s approval rules and be aware that three of the six cards below don't count against your 5/24 status, despite all of them being business cards. Here are the other five options:
- Capital One Spark 2% Cash: Flat 2% cash back with a 200,000-point cash back bonus after spending $10,000. $95 annual fee, which is waived year one.
- Capital One VentureOne Business: No annual fee and earns 1.5x miles on all purchases, with a 50,000-mile bonus after $4,500 in purchases.
- Capital One Venture Business: Flat 2x miles on every purchase, plus a 50,000-mile bonus with a $4,500 spending requirement. This card has a $95 annual fee and is one of the cards that does not count against your 5/24.
- Capital One Spark 2% Cash Plus: Does not count against your 5/24 and is designed for high spenders, with a large 200,000-point cash back bonus tied to $30,000 in spend. It has a $150 annual fee.
- Capital One Venture X Business: Premium option with a 150,000-mile bonus, $30,000 spend requirement, and more travel perks and credits than any other card on this list. This card also does not count against your 5/24 and has a $395 annual fee.
Card Information
Differentiating Perks
Rules
Historical Card Offers
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Estimated Next Offer
Capital One Spark 1.5% Cash Select Application Rules
Card approval not subject to 5-personal-cards-in-24-months rule
You won’t be approved for a second Capital One card if you’ve opened one in the past six months
