Best Capital One Business Credit Cards

No, there aren't any Capital One secured business cards. The only Capital One secured card is the Capital One Platinum Secured for consumers.

Among Capital One's business cards, the Capital One Spark Classic for Business is the easiest unsecured Capital One business credit card to get. Small business owners with fair credit or limited can get approved. The other offers require at least good credit. The Capital One Spark Classic has a $0 annual fee and gives 1 - 5% cash back on all purchases.

If you have bad credit, the Capital One Platinum Secured, while a consumer card, is still an option for small business owners. It's good for building credit, due to its $0 annual fee. The card offers a minimum credit limit of $200 and requires a security deposit of $49, $99 or $200, depending on the specifics of your credit history. You may add money to your security deposit to increase your credit limit.

But if you'd rather have a secured business credit card, there are some available from other issuers. Some of these have the added advantage of offering business-specific features such as free employee cards with individual spending limits and more. So check out our editors' picks for the best secured business credit cards.

You can redeem Capital One Spark Business rewards by logging in to either the Capital One website or the mobile app, navigating to the rewards summary, and choosing a redemption amount and redemption method.

The redemption options will depend on which Capital One Spark Business credit card you have: Capital One® Spark® Cash for Business (2% cash back), Capital One Spark Miles for Business (2 miles per $1), Capital One Spark Cash Select - $500 Cash Bonus (1.5 - 5% cash back), and Capital One Spark Miles Select for Business (1.5 miles per $1).

Miles can be redeemed for flights, hotels, vacation packages, and more, with no minimum redemption required. Cash back rewards can be redeemed for statement credits, checks, gift cards, and more at any time, with no minimum redemption threshold.

Here’s how to redeem Capital One Spark Business rewards:

1. Log in to or create an online account on the Capital One website. Alternatively, use the Capital One mobile app.
2. Click “View Rewards,” on the left side of the account summary.
3. Click “See All Options” (to the right of your rewards summary).
4. Choose how you want to redeem your Capital One Spark Business rewards.

The most straightforward way to apply for a Capital One business credit card is online. You can also submit an application in a Capital One branch or by phone, at 800-695-5500. No matter how you apply, your application is taken into account for instant approval.

The process of applying for a Capital One business credit card is similar to that for a personal credit card. There are just a few additional sections that ask questions that are specific to your business. Those specific details are your business legal structure, your business tax ID number, business ownership type, industry type, category, and specialty, and an annual approximation of your business' revenue and expenses.

As with any credit card, you'll need your personal information and the application will result in a hard inquiry, so that's a slight dent in your credit score, for a short while.

Chase Ink cards are better than Capital One Spark cards overall. There are several Chase Ink and Capital One Spark business credit cards, and the best of the bunch is Chase Ink Preferred because it offers valuable travel rewards and a sizeable bonus, with a relatively low cost compared to other premium travel cards.

However, there are some categories where Capital One Spark cards are better than Chase Ink cards.

Cash Back: The best card from Chase Ink and Capital One Spark for cash back rewards is Capital One Spark Cash. It offers the highest flat rate of cash back among all the cards, and has features like free employee cards and a good initial bonus.

No annual fee: The best Chase Ink or Capital One Spark card with no annual fee is Chase Ink Business Unlimited, as it offers higher-than-average cash back rewards and a respectable bonus, along with promotional financing opportunities.

Financing: Chase Ink cards offer better opportunities for financing purchases than Capital One Spark cards, though both Chase and Capital One do have financing promotions. Neither card group is good for balance transfers, though.

Requirements: Capital One Spark credit cards are available to business owners with fair/limited credit or better, depending on the card. All Chase Ink cards require at least good credit.

In general, while Chase Ink credit cards tend to take the lead over Capital One Spark credit cards, it’s really best to compare the individual cards you’re interested in side by side, as well as to understand which cards you qualify for. You can always have a card from each issuer in your wallet to serve different needs, too.

The best Spark business card is Capital One® Spark® Cash for Business because it gives 2% cash back on all purchases and offers a $500 cash bonus for spending $4,500 in the first 3 months. Capital One Spark Cash also has a $0 annual fee the first year ($95 after). 

Best Spark Business Credit Cards

Although Capital One Spark Cash is the best Capital One Spark card overall, the other options are certainly worth considering in the right situation. For example, if you plan to use your card more for travel, the best Spark business card is Capital One Spark Miles for Business. It gives 2 miles / $1 spent and offers a bonus of 50,000 miles.

If you don’t want to pay an annual fee, the best Spark Business card is either Capital One Spark Cash Select - 0% Intro APR for 12 Months or Capital One Spark Miles Select for Business. The rewards aren’t as good, but these cards don’t cost anything to own and offer intro APR on purchases. 

Ultimately, each of the Capital One Spark business cards caters to different needs. But they have a few things in common, too. None of them charge foreign transaction fees, for example. And all of the Spark business cards let you get employee cards at no extra cost.

The Capital One business credit card payment address is Capital One, Attn: Payment Processing, PO Box 71083, Charlotte, NC 28272-1083. This is the address to mail all Capital One credit card payments, not just those for business credit cards. 

Cardholders can send either a check or a money order to this address in order to pay their credit card bill. Capital One will not accept payments of cash by mail. For the fastest processing time on the payment, Capital One recommends that cardholders write their card number on their check or money order.

Make sure to mail any Capital One business credit card payments well in advance of your due date. Capital One will determine whether the payment is late based on when they receive it, not when the mail is postmarked. 

If you want to overnight your payment rather than sending it by regular mail, the proper Capital One business credit card payment address is Capital One, Attn: Payment Processing, 6125 Lakeview Rd, Suite 800, Charlotte, NC 28269. Capital One recommends that you do not use USPS priority mail for overnight payments, but rather an express service like FedEx, UPS or DHL.

The Capital One Spark Classic credit score requirement is 640+. This means that you need to have at least fair credit to get this card.

At the same time, though, Capital One Spark Classic is also designed for people with limited credit. So, you should be able to qualify for this card even if you have less than 3 years of credit history.

However, meeting the credit score requirements doesn’t guarantee that your application for Capital One Spark Classic will be approved. The issuer will also take into account various other factors like your credit history, income, and any debts you might have.

Ultimately, you can check your credit score for free on WalletHub before applying for the Capital One Spark Classic card.