Search Credit Card Offers
Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.
Capital One Spark Cash vs Southwest® Rapid Rewards® Premier Business Credit Card
This comparison aims to help you decide between the Capital One Spark Cash and the Southwest® Rapid Rewards® Premier Business Credit Card. Each card has its unique features tailored to different spending habits and financial goals.
Card Overviews
Capital One Spark Cash
The Capital One Spark Cash is designed for businesses looking to earn cash back on their expenses. It offers a straightforward rewards structure with unlimited cash back on all purchases, making it appealing for business owners who want simplicity and value.
Southwest® Rapid Rewards® Premier Business Credit Card
The Southwest® Rapid Rewards® Premier Business Credit Card is ideal for frequent travelers, particularly those who prefer flying with Southwest Airlines. This card provides a generous rewards structure focused on travel-related purchases, making it a great choice for business owners who travel often.
Detailed Feature Comparison
| Feature | Capital One Spark Cash | Southwest® Rapid Rewards® Premier Business Credit Card |
|---|---|---|
| Annual Fee | $0 intro for first year; $95 after that | $99 |
| Welcome Bonus | Earn $750 cash back after spending $7,500 in the first 3 months | Earn 60,000 points after spending $3,000 in the first 3 months |
| Rewards Structure | 2% cash back on every purchase | 3X points on Southwest purchases, 2X on hotel and car rental partners, 1 point on all other purchases |
| Foreign Transaction Fee | No | No |
| Other Fees | None | None |
| Additional Benefits | Free employee cards, rewards don’t expire | 2 EarlyBird Check-In® each year |
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
- Simple rewards structure without category restrictions
- Free employee cards
- No foreign transaction fees
- Rewards don’t expire
- Cons:
- Annual fee after the first year
- High spending requirement for welcome bonus
Southwest® Rapid Rewards® Premier Business Credit Card
- Pros:
- Generous rewards on Southwest purchases
- Good for frequent travelers and Southwest Airlines customers
- Bonus points on anniversary
- No foreign transaction fees
- Cons:
- Annual fee is higher than some other business cards
- Rewards may not be as beneficial for non-Southwest customers
Who Should Consider Which Card?
- The Capital One Spark Cash is ideal for business owners who want a straightforward cash back rewards system without the hassle of managing categories. It suits those who value simplicity and prefer cash back on all purchases.
- The Southwest® Rapid Rewards® Premier Business Credit Card is best for frequent travelers who often fly with Southwest Airlines. If you spend significantly on travel and prefer points over cash back, this card may be more advantageous.
Conclusion
When choosing between the Capital One Spark Cash and the Southwest® Rapid Rewards® Premier Business Credit Card, consider your individual needs and spending patterns. Each card offers distinct benefits that cater to different lifestyles, so choose the one that aligns best with your financial goals.