Capital One Spark Cash Plus

The Spark Cash Plus is built for businesses with real volume: a flat 2% cash back on everything, 5% on hotels, vacation rentals, and rental cars booked through Capital One Business Travel, and a $2,000 bonus after $30,000 of spend in the first 3 months, currently paired with a limited-time $500 Capital One Business Travel credit on that same spend. The $150 annual fee is refunded in any year you charge at least $150,000, and every $500,000 spent in the first year triggers another $2,000 bonus, so the economics improve the more you run through it. The catch is the structure: there is no preset spending limit, and the balance is due in full each month, so it only works if your cash flow can cover the entire statement. Smaller businesses that spend nowhere near $150,000 a year will simply pay the $150 and should weigh that against a no-fee option. Free employee cards with spending limits, virtual card numbers, and year-end summaries that export to QuickBooks round it out.