Business Cash Back Comparison: Capital One Spark Cash vs. Ink Business Cash

One is a flat-rate card with a big bonus; the other offers tiered rewards and a smaller sign-up deal. Which is right for you depends on how you'll use it.
Ben Luthi
By Ben Luthi 
Published

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Chase Ink Business Cash Credit Card Credit Card
Chase

Ink Business Cash® Credit Card

NerdWallet Rating 
5.0
Annual Fee 

$0

Using a cash back credit card for your business can push a few more dollars down to your bottom line, which is always a good thing. The Ink Business Cash® Credit Card and the Capital One Spark Cash for Business are among the best cash back business cards available. Which one is right for you depends on your business and its expenses. Let's take a look.

Rewards

Chase Ink Business Cash Credit Card Credit Card
NerdWallet rating 

The Capital One Spark Cash for Business’s rewards structure is as simple as it gets. Cardholders earn a flat 2% cash back on every purchase. Your cash rewards never expire, there's no limit to how much you can earn, and there's no minimum amount needed to redeem.

With the Ink Business Cash® Credit Card, it's a little more complicated. You earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on phone, Internet and cable services each account anniversary year; 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year; and unlimited 1% cash back on all other purchases.

Winner: Depends on your spending

The Ink Business Cash® Credit Card offers an opportunity to earn major rewards, but only if your business expenses align with its bonus categories. On the other hand, you'll get a flat 2% back with the Capital One Spark Cash for Business, regardless of the expense. Take a look at your regular transactions to determine which card offers better rewards for you.

Sign-up bonus

The Ink Business Cash® Credit Card can be more rewarding over the long term, and the sign-up bonus is easier to earn: Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. The Capital One Spark Cash for Business also offers a sign-up bonus: Earn a one-time $500 cash bonus once you spend $4,500 on purchases within 3 months from account opening. The latter requires you to spend a higher amount.

Winner: Ink Business Cash® Credit Card

The Ink Business Cash® Credit Card is a clear winner given the lower spending requirement. Still, it comes close to a tie. Don't dismiss the features and rewards of the Capital One Spark Cash for Business if you can meet the spending requirement.

Interest rate

The ongoing APR is 20.99% Variable APR for the Capital One Spark Cash for Business, a decent rate for a business credit card. The Ink Business Cash® Credit Card, on the other hand, offers a 0% intro APR on Purchases for 12 months, and then the ongoing APR of 18.49%-24.49% Variable APR.

Winner: Ink Business Cash® Credit Card

If you need some time to pay off a large business expense, the Ink Business Cash® Credit Card’s introductory 0% APR period is as good as it gets for business cards. And if you have excellent credit, you may qualify for a better ongoing APR than what you'd get with the Capital One Spark Cash for Business.

Fees

Let's start with arguably the most important fee: the annual fee. The Ink Business Cash® Credit Card’s is $0, and the Capital One Spark Cash for Business’s is $0 intro for the first year, then $95. If you want to take advantage of the Ink Business Cash® Credit Card’s balance transfer offer, you'll end up paying a balance transfer fee of 5%. On the other hand, the Capital One Spark Cash for Business doesn't charge a balance transfer fee, although any balance you transfer will be assessed interest at the card's purchase APR.

If you're looking to do cash advances with your card, the Ink Business Cash® Credit Card charges a fee of 5% of the transaction, while the Capital One Spark Cash for Business’s cash advance fee is 3%. Finally, the Capital One Spark Cash for Business, like all Capital One cards, doesn't have a foreign transaction fee. The Ink Business Cash® Credit Card charges a 3% fee on foreign purchases.

Winner: Depends on how you plan to use the card

If you're not planning on doing a balance transfer or cash advance, or traveling overseas, the Ink Business Cash® Credit Card is the clear winner with its $0 annual fee. If you think you'll need to do those things, however, you might be better off paying the Capital One Spark Cash for Business’s annual fee to get lower fees overall.

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NerdWallet rating 

5.0

/5
NerdWallet rating 

5.0

/5
NerdWallet rating 

4.6

/5

Annual fee 

$0

Annual fee 

$150

Annual fee 

$0

Regular APR 

18.49%-24.49% Variable APR

Regular APR 

N/A

Rates & Fees

Regular APR 

18.49%-26.49% Variable APR

Rates & Fees

Intro APR 

0% intro APR on Purchases for 12 months

Intro APR 

N/A

Intro APR 

0% intro APR on purchases for 12 months from the date of account opening

Likelihood of approval 

Likelihood of approval 

Likelihood of approval 

Making your choice

There’s no clear winner between these two cards because the value you get from each depends on the nature of your business and its expenses. Taking both cards at face value, the Capital One Spark Cash for Business offers more value upfront, and the Ink Business Cash® Credit Card is more rewarding over the long term.

If your business doesn’t spend according to the Ink Business Cash® Credit Card’s bonus categories, however, you’re looking at a mediocre 1% rewards rate on most of your purchases. In that case, you’re better off with the Capital One Spark Cash for Business.

As usual, the Nerds recommend reviewing your needs and reviewing other business credit cards before applying for one.

Compare Cards

NerdWallet rating 
NerdWallet rating 
NerdWallet rating 
Annual fee

$0

Annual fee

$150

Annual fee

$0

Regular APR

18.49%-26.49% Variable APR

Rates & Fees

Regular APR

N/A

Rates & Fees

Regular APR

18.49%-24.49% Variable APR

Intro APR

0% intro APR on purchases for 12 months from the date of account opening

Intro APR

N/A

Intro APR

0% intro APR on Purchases for 12 months

Recommended Credit Score
Recommended Credit Score
Recommended Credit Score
Chase Cards from our Partners
Chase Freedom Unlimited Credit Card

on Chase's website

Chase Freedom Unlimited®
5.0
NerdWallet Rating
Rewards rate

1.5%-6.5%

Enjoy 6.5% cash back on travel purchased through Chase Ultimate Rewards®; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year). After your first year or $20,000 spent, enjoy 5% cash back on Chase travel purchased through Ultimate Rewards®, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.

Cashback

Intro offer

$300

Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!

Chase Sapphire Preferred Credit Card

on Chase's website

Chase Sapphire Preferred® Card
5.0
NerdWallet Rating
Rewards rate

1x-5x

5x on travel purchased through Chase Ultimate Rewards®, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases.

Points

Intro offer

60,000

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®.

Points
Chase Freedom Flex

on Chase's website

Chase Freedom Flex℠
5.0
NerdWallet Rating
Rewards rate

1%-5%

Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Earn 5% on Chase travel purchased through Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases.

Cashback

Intro offer

$200

Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.

See more Chase cards

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