American Express® Business Gold Card vs Capital One Spark Cash

This comparison aims to help users decide between two popular business credit cards: the American Express® Business Gold Card and the Capital One Spark Cash. Each card has unique features and benefits suited for different business needs and spending habits.

Card Overviews

American Express® Business Gold Card

The American Express® Business Gold Card is designed for businesses that seek to maximize their rewards on spending across various categories. With a focus on flexibility and premium benefits, this card is ideal for businesses with diverse spending patterns that can take advantage of the tiered rewards structure.

Capital One Spark Cash

The Capital One Spark Cash is tailored for businesses looking for simplicity and straightforward cash back rewards. This card is perfect for users who prefer to earn a flat rate on all purchases without worrying about category limits or restrictions.

Detailed Feature Comparison

Rewards Highlights

American Express® Business Gold Card Rewards

• Earn 4X Membership Rewards® points on the top two eligible categories where your business spends the most each month from 6 eligible categories. While your top 2 categories may change, you will earn 4X points on the first $150,000 in combined purchases from these categories each calendar year (then 1X thereafter). Only the top 2 categories each billing cycle will count towards the $150,000 cap.*
• Earn 3X Membership Rewards® points on flights and prepaid hotels booked on amextravel.com using your Business Gold Card.*
• 1X is earned for other purchases. **

Capital One Spark Cash Rewards

• Earn $750 cash back once you spend $7,500 in the first 3 months from account opening.
• 5% cash back on hotels and rental cars booked through Capital One Travel.
• 2% cash back on every purchase, everywhere, no limits or category restrictions.

Pros and Cons

American Express® Business Gold Card Pros and Cons

• Pros:
• High rewards rate on top spending categories.
• Exclusive benefits like statement credits and premium design.
• Flexible rewards that can be used for travel or other expenses.

• Cons:
• High annual fee compared to other business cards.
• Requires significant spending to maximize rewards potential.

Capital One Spark Cash Pros and Cons

• Pros:
• Simple flat-rate cash back on all purchases.
• No foreign transaction fees.
• Free employee cards that also earn rewards.

• Cons:
• Lower rewards rate compared to category-based cards.
• Annual fee after the first year may apply.

Who Should Consider Which Card?

The American Express® Business Gold Card is ideal for businesses that have varied spending across different categories and can leverage the higher rewards in those areas. On the other hand, the Capital One Spark Cash is best for users who prefer simplicity and a flat cash back rate on all purchases without the hassle of tracking categories.

Conclusion

When deciding between the American Express® Business Gold Card and the Capital One Spark Cash, consider your individual spending habits and business needs. Each card offers unique advantages that can enhance your business's financial flexibility and rewards potential.

“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.”