Capital One Spark Cash vs Ink Business Premier® Credit Card

This comparison aims to help users decide between the Capital One Spark Cash and the Ink Business Premier® Credit Card. Both cards cater to business owners looking to maximize cash back rewards, but they have distinct features and benefits that may align better with different spending habits and financial goals.

Card Overviews

Capital One Spark Cash

The Capital One Spark Cash is designed for businesses that want a straightforward cash back rewards structure. Offering unlimited 2% cash back on all purchases, it’s ideal for those who prefer simplicity in reward accumulation.

Ink Business Premier® Credit Card

The Ink Business Premier® Credit Card is tailored for businesses that make larger purchases. With a unique rewards structure that includes 2.5% cash back on purchases of $5,000 or more, it provides additional incentives for high spending while also offering travel benefits.

Detailed Feature Comparison

Rewards Highlights

Capital One Spark Cash

• Earn $750 cash back once you spend $7,500 in the first 3 months from account opening.
• Unlimited 2% cash back on all purchases.
• Free employee cards that also earn unlimited 2% cash back.
• Rewards won’t expire for the life of the account.
• No foreign transaction fees.

Ink Business Premier® Credit Card

• Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
• Unlimited 2.5% total cash back on purchases of $5,000 or more.
• Unlimited 2% cash back on all other business purchases.
• Unlimited 5% total cash back on travel purchased through Chase Travel.
• Built-in protections like Purchase Protection and Cell Phone Protection.

Pros and Cons

Capital One Spark Cash

• Pros:
  • No annual fee for the first year.
  • Unlimited 2% cash back on every purchase.
  • Free employee cards.
• Cons:
  • Annual fee applies after the first year.
  • Lower welcome bonus compared to competitors.

Ink Business Premier® Credit Card

• Pros:
  • Higher welcome bonus.
  • 2.5% cash back on larger purchases.
  • Comprehensive travel benefits and protections.
• Cons:
  • Higher annual fee.
  • Spending requirement for higher cash back tier may not suit all businesses.

Who Should Consider Which Card?

The Capital One Spark Cash is suitable for small business owners who prefer a straightforward cash back system without complex category restrictions and want to avoid an annual fee during the first year. It’s ideal for those looking to maximize cash back on all purchases.

In contrast, the Ink Business Premier® Credit Card is better suited for businesses that make larger purchases regularly and can benefit from the 2.5% cash back on high-value transactions. It’s also ideal for those who travel frequently and can take advantage of the additional travel benefits.

Conclusion

Both the Capital One Spark Cash and the Ink Business Premier® Credit Card offer valuable rewards for businesses. Your decision should be based on your spending habits, the importance of travel benefits, and whether you prefer a more straightforward cash back approach or one that rewards larger purchases.

“Disclaimer: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.”