Capital One Spark Classic Review: Ideal for Entrepreneurs With Fair Credit
Focused on small-business owners with fair or average credit, this card earns unlimited 1% cash back on all purchases. The downside? A high APR.
Overview
SOME CARD INFO MAY BE OUTDATED
This page includes information about BBVA Visa® Business Rewards Credit Card, Capital One® Spark® Classic for Business, currently unavailable on NerdWallet. The information about BBVA Visa® Business Rewards Credit Card, Capital One® Spark® Classic for Business has been collected by NerdWallet and has not been provided or reviewed by the card issuer.The bottom line:
A decent choice among the short list of business cards for people with fair or average credit, this card has a straightforward cash-back program and no annual fee.
Credit card details
Annual fee
$0
Regular APR
29.99% Variable APR
Intro APR
N/A
Rewards rate
1%
Earn 1% cash back on every purchase
Cashback
Foreign transaction fee
0%
Intro offer
None
Pros & Cons
Pros
Qualify with average credit
No annual fee
No foreign transaction fee
Cons
High APR
More details from Capital One
- Earn unlimited 1% cash back for your business on every purchase, everywhere, no limits or category restrictions
- No annual fee
- Build and strengthen credit for your business by using this credit card responsibly
- $0 Fraud Liability if your card is lost or stolen
- Free employee cards, which also earn unlimited 1% cash back on all purchases
- Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
- No foreign transaction fees
Credit card comparison
Compare to other cards 
Capital One® Spark® Classic for Business
3.3
NerdWallet rating
Annual fee
$0
Annual fee
$0
Annual fee
$0
Regular APR
29.99% Variable APR
Regular APR
9.24% - 23.24%, Variable
Regular APR
N/A
Intro APR
N/A
Intro APR
0% introductory APR for 9 months on purchases.
Intro APR
N/A
Need more options? Check our picks for best business credit cards of 2025
For small-business owners with fair credit (FICO scores from 630 to 689), the Capital One® Spark® Classic for Business
But it's not a good card to carry a balance on; like many cards for less-than-good credit, it comes with a high APR.
Key features of the Capital One® Spark® Classic for Business
Card type: Small business
Annual fee: $0.
Sign-up bonus: None.
Rewards: Earn an unlimited 1% cash back on all purchases; no minimum to redeem.
APR: 29.99% Variable APR.
Balance transfer fee: None.
Foreign transaction fees: 0%.
Other benefits:
- Free additional cards for employees; employee spending also earns rewards on the account.
- Year-end itemized report of spending and easy-to-download purchase records.
Why you might want the Capital One® Spark® Classic for Business for business
Rewards for fair credit
While cards with higher rewards rates are out there, options are more limited for small-business owners with fair credit. Earning 1% cash-back rewards on every purchase can add up, especially when you're spending a lot on your business, say, on inventory or office supplies.
No annual fee
This card has an annual fee of $0, an appealing feature for small-business owners trying to keep costs down.
No foreign transaction fees
Many credit cards, particularly cash-back cards, charge foreign transaction fees of 3% for purchases made outside of the U.S. This isn't the case for this card. When you use this card internationally — whether you're traveling abroad or placing an order from a vendor in a different country — you won't have to pay anything extra.
Possible to qualify with fair credit
The Capital One® Spark® Classic for Business is one of the very few small-business cards that's marketed to those with fair or average credit. With rewards and an annual fee of $0, it’s a good choice, too.
Capital One® Spark® Classic for Business vs. other Spark cards
Within the Capital One business credit card
The cards are split into two categories: cash back and travel. Among the three cash-back cards, Capital One Spark Cash Capital One Spark Cash Select Capital One Spark Miles for Business Capital One® Spark® Miles Select for Business
For more analysis, check out NerdWallet's comparison of these cards
Why you might want a different card
The APR is high
The high APR on the Capital One® Spark® Classic for Business will be expensive for small-business owners carrying a balance. And like other cards for fair credit, it doesn’t come with a 0% introductory APR period, so you won't get a break on interest.
Currently, there aren't any small-business cards for people with fair credit that offer 0% introductory APR promotions. But at least one offers some short-term respite from interest charges, provided the small-business owner can meet the qualification criteria.
The Brex Card
Higher rewards rates are possible
It's hard to find a small-business card for fair credit that also offers rich rewards. Still, the lack of a sign-up bonus or higher rewards rate on the Capital One® Spark® Classic for Business will turn off some small-business owners.
If you want for more rewards for fair credit, the BBVA Visa® Business Rewards Credit Card
Should you get the Capital One® Spark® Classic for Business?
If you have fair credit and are seeking a business credit card, the Capital One® Spark® Classic for Business is a solid option. Beware if you tend to carry a balance, however. The high APR will make that expensive.