Chase Ink Business Preferred vs Capital One Spark Cash Plus
Two business cards optimized for very different operating models. Ink Business Preferred ($95 AF) leans into category-bonused points; Spark Cash Plus ($150 AF) is flat 2% on everything with a charge-card structure and $200 annual spend-tier bonus.
Chase Ink Business Preferred
Small business owners spending $5,000+/yr on travel, shipping, internet/cable/phone, or advertising (search + social) — the 3x category at $150k cap annually transfers to Hyatt/United at our 1.5 cpp benchmark for real value.
Capital One Spark Cash Plus
Established businesses spending $50,000+/yr who want flat 2% on everything with no rotating-category tracking and an annual $200 cash bonus once you hit $200k in spend (recovers most of the AF). Charge-card structure — pay in full monthly.
Pick Chase Ink Business Preferred if
Service businesses spending heavily in the bonus categories (travel, shipping, internet/cable/phone, advertising)
3x at $150k annual cap, transferred to Hyatt/United at 1.5+ cpp. The lowest AF + highest ceiling for category-concentrated business spend.
Pick Capital One Spark Cash Plus if
Established businesses with $50k+/yr spend who want simple flat 2% and can pay-in-full monthly
No category tracking, no point redemption skill required, and at $200k+ annual spend the $200 bonus offsets most of the AF.
Skip both if
Businesses with under $20k/yr spend or that need revolving credit. The $0 AF Capital One Spark Cash Select or Chase Ink Cash returns more.
Head-to-head
| Dimension | Chase Ink Business Preferred | Capital One Spark Cash Plus |
|---|---|---|
| Annual fee | $95 | $150 (offset by $200 bonus at $200k spend) |
| Earning structure | 3x in 4 categories at $150k cap, 1x else | Flat 2% on everything |
| Revolving vs charge | Revolving | Charge card — pay in full monthly |
| Reporting | Commercial bureaus, not personal credit (positive activity) | Capital One reports to personal credit |
| Transfer partners | Yes (Chase UR ecosystem) | Capital One Miles (weaker ecosystem) or cashback |
Reviewed by the ClearValue Editorial Team · Last updated 6/29/2026. ClearValue Cards may earn a commission when readers take the quiz and match through links on this site. See disclosure.