Chase Sapphire Preferred® Card vs Capital One Spark Cash

This comparison aims to help users decide between the Chase Sapphire Preferred® Card and the Capital One Spark Cash by highlighting their features, rewards, and benefits.

Card Overviews

Capital One Spark Cash

The Capital One Spark Cash is tailored for businesses that seek to earn cashback on everyday purchases. It offers a straightforward rewards structure, allowing users to earn 2% cash back on all purchases with no category restrictions, making it an ideal choice for business owners looking for simplicity and value.

Chase Sapphire Preferred® Card

The Chase Sapphire Preferred® Card is designed for travelers and dining enthusiasts. It provides a robust rewards program with opportunities to earn points on travel, dining, and other purchases. Its premium benefits appeal to those who frequently travel or dine out, making it a versatile option for a variety of lifestyles.

Detailed Feature Comparison

Rewards Highlights

• 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

Pros and Cons

Capital One Spark Cash

• Pros:
• Unlimited 2% cash back on all purchases
• No foreign transaction fees
• Free employee cards
• Cash rewards do not expire

• Cons:
• $95 annual fee after the first year
• Higher spending requirement for the welcome bonus

Chase Sapphire Preferred® Card

• Pros:
• Generous welcome bonus of 100,000 points
• Versatile rewards structure, especially for travel and dining
• Additional travel protections and benefits
• 25% more value when redeeming points for travel through Chase

• Cons:
• Annual fee of $95
• Points redemption can be complex for some users

Who Should Consider Which Card?

• Consider the Capital One Spark Cash if:
• You are a business owner looking for straightforward cash back rewards.
• You prefer a simple rewards structure without category restrictions.
• You want to avoid foreign transaction fees while traveling.

• Consider the Chase Sapphire Preferred® Card if:
• You are a frequent traveler who values travel-related rewards and benefits.
• You dine out often and prefer to earn more points in those categories.
• You appreciate travel protections and additional redemption value through a travel portal.

Conclusion

Both the Capital One Spark Cash and the Chase Sapphire Preferred® Card offer unique benefits tailored to different users. Consider your individual spending habits and financial goals to determine which card aligns best with your lifestyle.

“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.”