Spark Business Classic Credit Card

Capital One

The Spark Business Classic Credit Card offers a $0 annual fee + 1% cash back on every purchase for your business, with no minimum to redeem.

Requirements:

  • Personal Credit Score 680+ (for fair credit applicants with limited credit history)
  • EIN Number
  • Company email address
  • Legal business name
  • Business address and phone number

Business Credit:

  • Annual APR 26.99%
  • 1% Cash Back
  • Reports to business credit & personal credit

CLICK HERE to apply

  • $0 annual account fee

Documents to have ready (may require you to submit proof of ownership)

  • EIN letter
  • Address verification (business utility bill, bank statement, etc.)
  • 1

    Remember - Credit Reporting

    Not all card issuers report business credit card account activity to a business credit reporting agency. Some card issuers "may" report to personal reports or "may" only report to personal reports in the event of default.
    Some card issuers may report to both personal and business credit reports. For example, Capital One business credit cards report to both personal and business credit reports.

  • 2

    Note - Hard Inquiry

    Some issuers are more forthcoming than others, but the majority indicate they make a hard inquiry on a personal credit report during the application process. A hard pull could cause a small, temporary drop in your credit scores. (typically up to 5 points)

  • 3

    Tip - Personal Guarantor

    If you stop paying the business credit card bill, you will be held personally responsible for what is owed, even if the account does not report to your personal credit report.