Search Credit Card Offers
Capital One Spark Cash vs Southwest® Rapid Rewards® Performance Business Credit Card
This comparison aims to help you decide between the Capital One Spark Cash and the Southwest® Rapid Rewards® Performance Business Credit Card. Both cards cater to business owners but feature different rewards structures and benefits. Let's explore their offerings in detail.
Card Overviews
Capital One Spark Cash
The Capital One Spark Cash is designed for businesses looking to earn a straightforward cash-back reward on all purchases. With a generous rewards structure, it offers 2% cash back on every purchase, catering to those who prefer simplicity and consistency in their rewards. The card is ideal for business owners who want to maximize cash flow with no foreign transaction fees.
Southwest® Rapid Rewards® Performance Business Credit Card
The Southwest® Rapid Rewards® Performance Business Credit Card is tailored for businesses that frequently travel with Southwest Airlines. It rewards users with points for various purchases, especially those related to travel and advertising. This card is perfect for business owners who value travel rewards and seek to earn free flights and upgrades.
Detailed Feature Comparison
| Feature | Capital One Spark Cash | Southwest® Rapid Rewards® Performance Business Credit Card |
|---|---|---|
| Annual Fee | $0 intro for first year; $95 after that | $199 |
| Welcome Bonus | $750 cash back after spending $7,500 in the first 3 months | 80,000 points after spending $5,000 in the first 3 months |
| Rewards Structure | 2% cash back on every purchase | 4X points on Southwest® purchases, 3X points on hotel and car rental partners, 2X points on rideshare, 2X points on advertising, 1X points on all other purchases |
| Foreign Transaction Fee | None | None |
| Other Fees | None specified | None specified |
| Additional Benefits | Free employee cards, cash back rewards do not expire | 4 Upgraded Boardings per year when available, points don't expire |
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
- Free employee cards
- No foreign transaction fees
- Flexible redemption options for cash back
- Cons:
- Annual fee after the first year
- Welcome bonus requires higher spending to qualify
Southwest® Rapid Rewards® Performance Business Credit Card
- Pros:
- High rewards on travel-related purchases
- Significant welcome bonus
- 4 Upgraded Boardings available
- Cons:
- Higher annual fee compared to some other options
- Rewards may be less valuable for non-travel purchases
Who Should Consider Which Card?
- Capital One Spark Cash: Ideal for business owners who prioritize cash back and prefer a straightforward rewards structure without category restrictions. Best suited for those who spend across various categories.
- Southwest® Rapid Rewards® Performance Business Credit Card: Best for frequent travelers who often fly with Southwest Airlines and want to maximize travel rewards. Ideal for businesses that spend significantly on travel and related services.
Conclusion
When choosing between the Capital One Spark Cash and the Southwest® Rapid Rewards® Performance Business Credit Card, consider your individual needs and spending patterns. Evaluate whether cash back or travel rewards align better with your business goals to make the best decision for your financial strategy.