Capital one spark cash for business

Capital One Spark Cash for Business
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The Capital One Spark Cash for business credit card is incredibly popular in the cashback rewards universe and it's highly sought after too because its crammed full of cashback rewards.

This is tailor made for entrepreneurs who have just started a business where they need to spend a lot of money setting the business up with employees.

You can earn an incredibly $2000 in cashback after just 6 months of using the Capital One Spark Cash for Business credit card.

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Bonus 1: The Capital One Spark Cash for Business is offering a limited time offer where you can earn $2000 in cash bonuses.

Bonus 2: The Capital One Spark Cash for Business offers 2% cashback for your business on every purchase, everywhere! there are no categories or limits to how much you can earn.

Bonus 3: The Capital One Spark Cash Back for Business offers employee cards which unbelievably earns unlimited 2% cashback rewards on all purchases.

FICO Requirements: Capital One Spark Cash for Business
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The Capital One Spark Cash for Business credit card is very popular and highly sought after. Not everyone can get one.

You need a FICO credit score of 700 as a bare minimum to apply for this card. To be assured of being accepted by the Capital One Spark Cash for Business credit card you should only apply when you have a FICO credit score of 720+, credit utilisation of 30% or less and no nasty adverse information on your credit file.

Don't chance it and apply for this card willy-nilly, it's better to spend 6 months to a year increasing your FICO credit score before you apply. Having an elevated credit score can change your life.

Capital One Spark Cash for Business Features
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I've analysed this card in detail and I really like it. I won't beat around the bush. If you have a business you want to start or are expanding this is a business credit card that should be firmly nestled in your wallet.

I say that because there are so many ways to take advantage of the hefty cashback rewards on offer from the Capital One Spark Cash for Business credit card.

Here are 7 features that really caught my eye which I wanted to share with you.

Feature 1: The Capital One Spark Cash for Business will give you $500 in cashback when you spend $5000 on business expenses.

Feature 2: The Capital One Spark Cash for Business will give you $1,500 in cashback when you spend $50,000 on business expenses in the first 6 months.

Feature 3: Earn an unlimited 2% cashback for your business on every purchase, you can spend everywhere and there are no limits or categories.

Feature 4: There is no annual fee for the first year on the Capital One Spark. Rather annoyingly though, there is a $95 annual fee thereafter!

Feature 5: The Capital One Spark Cash for business offers free employee cards that earn unlimited 2% cashback on all purchases! You will be making money when your employees spend money on business expenses! Genius Idea.

Feature 6: The Capital One Spark Cash for Business referral program is brilliant, you can refer 9 business people per year and get $200 for each successful applicant, that's $1800! time to book a holiday??

Feature 7: Rather reassuringly, the Capital One Spark Cash for Business credit card offers $0 liability if your card gets lost or stolen of falls into the wrong hands. Good to Know.

How to Maximize Cashback on Capital One Spark Cash
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I like to maximize the cashback rewards on offer whenever I get approved for a credit card. The Capital One Spark Cash for Business is one cashback rewards card you can earn a lot from.

There are some insane people over on Reddit who are earning in excess of $3000 every year with this cashback rewards card and rewarding themselves very nicely.

You can also take advantage of the lucrative cashback on offer from the Capital One Spark using some very simple cashback strategies.

Strategy 1: Spend $5000 in the first 3 months and get a $500 cashback bonus from the Capital One Spark Cash.

Strategy 2: Spend $50,000 in the first 6 months setting up your business and get a $1500 cashback bonus from the Capital One Spark Cash,

Strategy 3: Make all your employees a Capital One Spark additional cardholder and earn the same level of cashback when they spend on the business.

Strategy 4: Refer 9 people every year to the Capital One Spark Cash for Business and receive $1,800 in cashback rewards.

Strategy 5: During the expansion of your business is when you can make the most money from cashback rewards. Just remember to use the Capital One Spark Cashback card on all business expenses, even a paperclip, don't leave anything out.

You can make $3800 using some of these simple strategies using the Capital One Spark Cash Rewards card. When your business starts to expand you can make even more. If you like the idea of getting paid every time you invest in your business this cashback rewards card is tailor made for your wallet.

Capital One Spark Cash for Business FAQ's
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I get a tonne of questions emailed to me and left on the comments section on the Capital One Spark Cash for business.

To make life easy, here are some of the frequently asked questions on the Spark Cash for business. If you have any more questions feel free to drop me an email!

Q1: Does Capital One Spark Business Report to credit?

The Capital One Spark Cash for Business does report to personal credit bureau's. If you read the terms and agreement you will see that Capital One Spark reports to both business and personal credit reporting bureau's.

Q2: Is the Capital One Spark card good?

The Capital One Spark is a good card. It is particularly suitable for business owners who are starting out and need to spend at least $50,000 to set things up.

Also, if you have employees who claim expenses you can earn a lot in cashback rewards. Also, what makes this card really good is you can earn up to $1800 a year with the referral program.

Q3: How does cash back work with Capital One?

One the Capital One Spark Cash for Business credit card you can earn the following cashback.

1. $500 cashback for spending $5000 in the first 3 months

2. $1500 cashback for spending $50,000 in first 6 months

3. $1800 cashback for referring 9 people for Cap One Spark

4. Get 2% cashback on all business expenses UNLIMITED

Q4: What is a Capital One Spark card?

The Capital One Spark Card is a cashback credit card designed for business owners who are starting out or are expanding rapidly and have high expenses. The Capital One Spark give you 2% cashback every time you make a purchase for your business.

You also get $2000 in cashback bonuses for a limited time only and have the potential to earn $1800 from the Capital One Spark Referral Program.

Q5: How do I redeem my Capital One Spark rewards?

To redeem your Capital One Spark rewards you must log into your account. Below the image of your credit card you will see the rewards tab, this is next to the dollar figure which shows your current reward balance.

You have to click on the dollar amount and request how you want this to be redeemed. You can either sent the money to your bank account, get a check or use the cashback reward to pay off a balance on your Spark Credit Card.

Q6: Does Capital One have a 2% cash back card?

Capital One does indeed have a cashback rewards credit card which offers 2% in cashback rewards. The Capital One Spark Cash for Business offers 2% on all business related purchases and there are no categories or limits to be concerned about.

Q7: Does Capital One have a referral program?

The Capital One Spark Cash does have a referral program. You can refer 9 business owners every year and earn $200 per referral. Potentially you could earn $1800 in cashback rewards if you fulfil your referral quotas.

Q8: Does Capital One have a business credit card?

Capital One does have a business credit card called Capital One Spark. This offers 2% cashback on business expenses and there are no limits of categories. For a limited time only the Capital One Spark offers $2000 in cashback rewards. You can also earn up to $1800 for referring 9 people to Capital One Spark.

Q9: Can I upgrade my Capital One card?

You can upgrade your Capital One Card to the Capital One Spark Cash for business. You must have a record of a well maintained account. All you have to do is contact Capital One and ask them for a upgrade and an increase in your credit limit.

Q10: How much does Capital One charge for cash withdrawals?

You can get a Capital One cash advance by making an ATM withdrawal. You'll be charged a 3% cash advance fee ($10 minimum) for each transaction, along with any ATM fees. You'll also be charged a cash advance APR as much as 27.99%.

Q11: What is Capital One spark cash for business credit limit initially?

The minimum Credit Limit for the Capital One Spark Cash for Business is $500. However, depending on your FICO credit score and credit utilisation you could begin with a credit limit of $3000 to $5000 once you've been approved for the cashback rewards credit card.