Chase vs Capital One Business Credit Cards

(January 2025)

S'witty Kiwi Editors
January 21, 2025

Our Verdict

Choose wisely between Chase and Capital One business credit cards. Both offer stellar options, but which one suits your business best? Read on for the breakdown!

Consider going for Chase’s Ultimate Rewards program as a game-changer. You can transfer points to top travel partners and unlock amazing travel perks. If you want to maximize your rewards, consider the Chase Ink Business Preferred® for high travel rewards or the Ink Business Cash® for cashback on office supplies. Moreover, you can access Chase’s services in 49 states with over 4,900 branches and 16,000 ATMs, offering immense convenience.

On the other hand, know that Capital One’s straightforward Miles program makes earning and redeeming miles a breeze. The Spark Miles for Business is perfect for earning miles on every purchase, while the Spark Cash for Business offers a flat cashback rate. Although Capital One has a smaller footprint with 274 branches in 7 states, it compensates with over 70,000 ATMs, ensuring plenty of access. The states are Louisiana, Maryland, New Jersey, New York, Texas, Virginia, and Washington, D.C.

When it comes to travel rewards, you can rely on Chase. Chase’s extensive travel partners give you more bang for your buck. However, if you prefer straightforward rewards, Capital One’s flat rates make it easy to manage. Additionally, Chase typically requires a higher credit score, while Capital One may be more accessible.

In terms of geographical coverage, Chase is nearly nationwide, with branches in 49 states and a massive ATM network. In contrast, Capital One is more limited, with branches in 7 states but a vast ATM network.

So, what is the verdict? Understand that in the world of business credit card, the options can be overwhelming. You can earn cash back, miles, points — or even luxury perks such as airport lounge access or a fast track to elite status. Plus, each card you open can affect which cards and bonuses you’re eligible for in the future. So you want to make sure that the card you apply for is the right one for you.

Ready to decide? If you value extensive travel rewards and a broad geographical reach, Chase is your go-to. If you prefer simplicity and a straightforward rewards system, Capital One is your best bet. What’s your business style? Choose the card that aligns with your needs and watch your rewards soar!

Why Choose Chase Business Credit Cards

Who Chase Business Credit Cards Are Best For

Consider Chase business credit cards if you are a businessman who:

Loves to Travel: Do you find yourself jet-setting across the globe for business? Chase’s Ultimate Rewards program lets you transfer points to top travel partners. Imagine enjoying luxury perks like airport lounge access and elite status upgrades. Ready to elevate your travel experience?
Values High Rewards: Want to get the most out of your business expenses? With the Chase Ink Business Preferred®, you earn high rewards on travel and business purchases. Picture yourself racking up points with every flight, hotel stay, and office supply purchase.
Needs Extensive Coverage: Do you need a bank that’s almost everywhere? Chase operates in 49 states with over 4,900 branches and 16,000 ATMs. Think about the convenience of accessing your bank wherever your business takes you. Isn’t that reassuring?
Seeks Flexibility: Do you appreciate having options? Chase’s Ultimate Rewards points can be redeemed for travel, cash back, gift cards, and more. Imagine the flexibility to choose how you use your rewards.
Has a Strong Credit Score: Do you have a good to excellent credit score? Chase business credit cards typically require higher credit scores. If you meet this criterion, you’re in for some of the best rewards and benefits available.

>>>MORE: Chase Review

Who Chase Business Credit Cards Are Is Not Right For

Look for alternatives to Chase business credit cards if you are a businessman who:

Prefers Simplicity: Do you want a straightforward rewards system without the fuss? If managing multiple reward categories feels overwhelming, consider a card with flat-rate rewards. Imagine earning the same rate on every purchase.
Has a Fair Credit Score: Is your credit score not quite stellar? Chase typically requires a good to excellent credit score. If you’re working on building your credit, look for cards that are more accessible. Ready to find a card that fits your current credit situation?
Needs Lower Fees: Are you looking to minimize costs? Chase cards often come with annual fees, especially the ones with premium rewards. If you prefer a no-annual-fee option, explore other cards that offer great benefits without the extra cost.
Doesn’t Travel Often: Do you rarely travel for business? If travel rewards aren’t a priority, you may benefit more from a card that offers higher cashback on everyday business expenses. Imagine maximizing rewards on office supplies, internet services, and more.
Wants Local Banking: Do you prefer a bank with a strong local presence? While Chase has a vast network, it may not be as accessible in certain areas. If you need a bank with more branches in your specific region, consider local or regional banks.

Why Choose Capital One

Who Capital One Business Credit Cards Are Best For

Settle for Capital One business credit cards if you are a businessman who:

Loves Simplicity: Do you prefer straightforward rewards? Capital One’s flat-rate rewards make it easy to earn and redeem miles or cashback. Imagine earning the same rate on every purchase without any hassle.
Has a Fair Credit Score: Is your credit score still a work in progress? Capital One cards are often more accessible, requiring only a fair credit score.
Wants No Annual Fees: Are you looking to avoid extra costs? Many Capital One business cards come with no annual fees, helping you save more. Picture yourself enjoying great rewards without worrying about yearly charges.
Doesn’t Travel Frequently: Do you rarely travel for business? Capital One’s straightforward cashback options are ideal for everyday business expenses. Imagine maximizing rewards on office supplies, internet services, and more.
Needs Extensive ATM Access: Do you need easy access to cash? Capital One offers over 70,000 ATMs nationwide, ensuring you can withdraw cash whenever you need it. Think about the convenience of having ATMs almost everywhere.

Who Capital One Business Credit Cards Are Not Right For

Consider searching for better options than Capital One business credit cards if you are a businessman who:

Seeks Premium Travel Perks: Do you crave luxury travel benefits like airport lounge access and elite status? If so, you may find more value in cards that offer these premium perks. Imagine relaxing in exclusive lounges before your flights.
Values High Reward Rates: Are you looking to maximize your rewards on specific categories like travel or dining? Some cards offer higher reward rates in these areas compared to Capital One’s flat-rate system. Picture yourself earning more points on every business dinner and trip.
Prefers Extensive Branch Access: Do you need a bank with a larger branch network? Capital One has fewer branches compared to some other banks. If you prefer in-person banking, consider options with more locations. Think about the convenience of having a branch nearby whenever you need it.
Wants Comprehensive Business Tools: Are you looking for robust business management tools and services? Some cards come with advanced features like expense tracking and detailed reporting. Imagine having all your business finances organized in one place.

Requires Lower Interest Rates: Do you want to minimize interest costs? If you often carry a balance, look for cards with lower interest rates than what Capital One offers. Picture yourself saving more on interest payments each month. Chase vs. Capital One Business Credit Cards:

Main Differences

Idea For

Consider Chase business credit cards if you love maximizing travel rewards and need extensive geographical coverage. Chase’s Ultimate Rewards program is perfect for you if you are a frequent traveler as it offers points to top travel partners. Imagine enjoying luxury perks like airport lounge access and elite status upgrades. On the other hand, Capital One business credit cards are ideal if you prefer simplicity and straightforward rewards. Its flat-rate rewards system makes it easy to earn and redeem miles or cashback. Picture yourself earning the same rate on every purchase without any hassle.

Pricing

Evaluate the pricing structures of both Chase and Capital One business credit cards. Ready to pay annual fees on Chase cards. Chase cards often come with annual fees, especially those with premium rewards. For instance, the Chase Ink Business Preferred® has an annual fee of $95. However, some Chase cards, like the Ink Business Unlimited®, offer no annual fee options. In contrast, you do not need to pay any annual fee on Capital One business cards, such as the Spark 1.5% Cash Select. Additionally, Capital One offers introductory 0% APR for the first 12 months on some cards.

Accounting Integration

Streamline your business finances with Chase and Capital One’s accounting integration features. Chase offers seamless integration with QuickBooks Online, making it effortless to reconcile your payments data. Imagine having all your transactions automatically synced and organized. Capital One also provides robust tools for managing your business expenses. With features like Accounts Payable, you can easily pay vendors and earn rewards on every bill you pay. Picture yourself managing your finances efficiently with detailed year-end summaries and automatic payments. Ready to simplify your accounting?

Standout Features

Discover the standout features that set Chase and Capital One business credit cards apart. Chase cards shine with their extensive travel benefits, including no foreign transaction fees and valuable travel insurance. Imagine booking your next business trip with confidence, knowing the bank has your back. Capital One cards, on the other hand, offer impressive cash bonuses and flexible spending capacity. For example, the Spark Cash Plus card provides unlimited 2% cash back on every purchase and significant cash bonuses. Picture reinvesting those rewards back into your business.

Chase vs. Capital One Business Credit Cards: Standout Features

Chase Business Credit Cards: Standout Features

Generous Welcome Bonuses: Earn impressive sign-up bonuses with Chase business cards. For example, the Ink Business Preferred® offers 90,000 bonus points after spending $8,000 in the first three months. Imagine starting off with a huge points boost!
High Travel Rewards: Enjoy 3X points on travel and select business categories with the Ink Business Preferred®. Picture yourself racking up points on every business trip and expense.
Extensive Travel Protections: Benefit from comprehensive travel insurance, including trip cancellation and interruption insurance. Feel secure knowing you’re covered on your journeys.
No Foreign Transaction Fees: Travel internationally without worrying about extra charges. Think about the savings on every overseas purchase.
Flexible Redemption Options: Redeem points for travel, cash back, gift cards, and more through the Ultimate Rewards program. Imagine the flexibility to choose how you use your rewards.
Free Employee Cards: Get additional cards for your employees at no extra cost. Manage expenses easily and earn rewards on their purchases too.

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Capital One Business Credit Cards: Standout Features

Unlimited Rewards: Earn unlimited 2% cash back on every purchase with the Spark Cash Plus. Imagine the simplicity of earning the same rate on all your business expenses.
No Annual Fees: Enjoy cards like the Spark 1.5% Cash Select with no annual fees. Think about the savings and the value you get without extra costs.
Flexible Spending Capacity: Benefit from a card that adapts to your spending needs. Picture yourself with the purchasing power that grows with your business.
Robust Travel Benefits: Access perks like Priority Pass™ membership and no foreign transaction fees with the Venture X Business. Imagine relaxing in airport lounges and saving on international purchases.
Comprehensive Expense Management: Use tools like Accounts Payable to pay vendors and track expenses. Visualize having all your financial management streamlined and organized.
Generous Cash Bonuses: Earn significant cash bonuses, such as $500 after spending $4,500 in the first three months with Spark Cash Plus. Picture reinvesting those rewards back into your business.

Chase vs. Capital One Business Credit Cards: Savings Accounts

Chase Business Savings Accounts
Explore Chase business savings accounts if you want flexibility and convenience. You can have two main options: Chase Business Total Savings and Chase Business Premier Savings. Both accounts earn interest and come with FDIC insurance protection. Imagine having your savings grow while also under protection. You can easily waive the monthly service fee by linking a qualifying Chase Business Checking account or maintaining a minimum balance. Picture yourself saving effortlessly with automatic transfers from your checking to your savings account.
Capital One Business Savings Accounts
Consider Capital One business savings accounts if you prefer high promotional rates and low fees. Capital One offers a promotional interest rate of up to 4.10% for the first six months. Imagine earning a high return on your savings right from the start. With a minimum balance of just $300, you can waive the $3 monthly service fee. Think about the savings and the value you get without extra costs. Plus, you get 24/7 access to your accounts through online banking and the Capital One Mobile app.
Here are the key differences between Chase and Capital One business savings accounts. Chase offers more options tailored to different business needs, with features like relationship rates and automatic savings transfers. Imagine the flexibility to choose the account that fits your business best. In contrast, Capital One stands out with its high promotional rates and lower minimum balance requirements. Picture yourself maximizing your savings with minimal effort. Which features align with your business goals?

Chase vs. Capital One Business Credit Cards: Checking Accounts

Chase Business Checking Accounts

Research Chase business checking accounts if you want flexibility and convenience. Chase offers three main options: Chase Business Complete Banking®, Chase Performance Business Checking®, and Chase Platinum Business Checking. Each account has the ability to cater to different business sizes and needs. For instance, the Chase Business Complete Banking® account has a $15 monthly service fee, which you can waive with a $2,000 minimum daily balance or qualifying transactions. Imagine managing your cash flow seamlessly with unlimited electronic deposits and access to over 16,000 ATMs nationwide. Ready to streamline your business banking?

Capital One Business Checking Accounts

Consider Capital One business checking accounts if you prefer high transaction limits and low fees. Capital One offers two main options: Basic Checking and Enhanced Checking. The Basic Checking account has a $15 monthly service fee, and you can waive it by keeping a $2,000 minimum balance. Enhanced Checking, on the other hand, offers more features for a $35 monthly fee. You can waive it by maintaining a $25,000 minimum balance. Both accounts provide unlimited digital transactions and access to over 70,000 ATMs, including Capital One, MoneyPass®, and Allpoint® ATMs. Picture yourself enjoying fee-free transactions and easy cash deposits.

Note the following key differences between Chase and Capital One business checking accounts. Chase offers more options tailored to different business needs, with features like built-in card acceptance and multiple ways to waive monthly fees. Imagine the flexibility to choose the account that fits your business best. In contrast, Capital One stands out with its high transaction limits and extensive ATM network. Picture yourself maximizing your banking convenience with minimal effort.

Pros and Cons of Chase Business Credit Cards

Earn generous welcome bonuses with cards like the Ink Business Preferred®.
Enjoy high travel rewards and extensive travel protections.
Benefit from no foreign transaction fees on international purchases.
Redeem points flexibly for travel, cash back, and more through the Ultimate Rewards program.
Access a vast network of over 16,000 ATMs and 4,900 branches nationwide.
Get free employee cards to manage expenses easily.

Pay annual fees on some cards, especially those with premium rewards.
Meet higher credit score requirements to qualify.
Face high cash advance and balance transfer fees.
Deal with spending caps on bonus categories.
Experience lower rewards rates outside of bonus categories.
Navigate complex rewards structures if you prefer simplicity.

Pros and Cons of Capital One Business Credit Cards

Earn unlimited cash back or miles on all purchases.
Enjoy no foreign transaction fees.
Receive free employee cards.
Access high credit limits.
Benefit from flexible repayment terms.

Pay annual fees on some cards.
Meet high credit score requirements.
Lack introductory APR offers on certain cards.
Face personal liability for business debt.
Manage potential high-interest rates.

Chase vs. Capital One Business Credit Cards: Customer Reviews

When it comes to customer reviews, Chase business credit cards have a mixed reputation. According to the Better Business Bureau (BBB), Chase has an A+ rating, reflecting its efforts to resolve customer complaints and maintain transparency. On ConsumerAffairs, Chase has a rating of 3.9 out of 5 stars based on over 5,000 reviews. Additionally, WalletHub rates Chase business credit cards at 4.2 out of 5 stars, with over 20,000 reviews. These ratings indicate a generally positive customer experience, though some users report issues with customer service and fees.

Likewise, Capital One business credit cards also receive varied feedback. The BBB gives Capital One an A+ rating, acknowledging its prompt handling of customer complaints and transparency. On ConsumerAffairs, Capital One has a rating of 3.8 out of 5 stars based on over 5,500 reviews. However, Trustpilot rates Capital One at 1.2 out of 5 stars, with many reviews citing issues with rewards and customer service. This suggests that while Capital One is effective in resolving complaints, it still faces challenges in customer satisfaction.

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Chase and Capital One Business Credit Cards Competitors

American Express Business Credit Cards

Choose American Express (Amex) for top-tier business credit cards that come with premium rewards and renowned customer service. Grab the American Express® Business Gold Card or the American Express® Business Platinum Card® and start enjoying high rewards rates on business essentials. Take advantage of luxury travel perks, like access to the Global Lounge Collection. Imagine yourself earning big on business spending while flying in style.

Bank of America Business Credit Cards

Opt for Bank of America (BofA) if you’re after competitive business credit cards with flexible rewards and low fees. With the Bank of America® Business Advantage Cash Rewards Mastercard®, customize your rewards to fit your business needs—whether it’s office supplies, travel, or dining. Plus, there’s no annual fee. Picture yourself earning cash back in the categories that matter most while enjoying excellent customer service and access to a wide network of branches and ATMs.

Citi Business Credit Cards

Make your business trips smoother with Citi. The CitiBusiness® / AAdvantage® Platinum Select® Mastercard® offers great travel rewards, especially if you frequently fly with American Airlines. Take advantage of perks like free checked bags and priority boarding. Visualize the convenience and savings you’ll experience on your next business trip with these benefits in hand.

Discover Business Credit Cards

Simplify your business spending with Discover. The Discover it® Business Card offers 1.5% cash back on all purchases with no annual fee. At the end of the first year, Discover will even match all the cash back you’ve earned. Think of the value of earning unlimited cash back on every purchase, hassle-free.

Pro Tips

Assess Your Spending Habits: Look at where your business spends the most. If you travel frequently, Chase’s travel rewards may be more beneficial. For everyday expenses, Capital One’s flat-rate rewards could be ideal. Imagine maximizing rewards on every purchase!
Evaluate Your Credit Score: Check your credit score before applying. Chase typically requires a good to excellent credit score, while Capital One may accept fair credit.
Consider Annual Fees: Compare the annual fees of each card. Chase offers premium cards with higher fees but more benefits, while Capital One has options with no annual fees. Think about the value you get versus the cost.
Look at Redemption Options: Decide how you want to use your rewards. Chase offers flexible redemption through the Ultimate Rewards program, including travel, cash back, and gift cards. Capital One provides straightforward cash back and travel miles.
Check for Additional Benefits: Explore the extra perks each card offers. Chase provides extensive travel protections and no foreign transaction fees. Capital One offers robust expense management tools and flexible spending capacity. Picture yourself enjoying these added benefits.
Review Customer Service and Support: Consider the quality of customer service. Both Chase and Capital One have strong reputations, but your experience may vary. Imagine having reliable support whenever you need it.
Think About Geographical Coverage: Consider the availability of branches and ATMs. Chase has a vast network across 49 states, while Capital One offers extensive ATM access but fewer branches.
Analyze Introductory Offers: Look at the sign-up bonuses and introductory APR offers. Chase often provides generous welcome bonuses, while Capital One may offer 0% APR for the first year.
Understand the Fees and Charges: Be aware of other fees like balance transfer fees, cash advance fees, and late payment fees. Compare these costs to avoid surprises. Think about how these fees may impact your business.
Read Customer Reviews: Check reviews on platforms like BBB, ConsumerAffairs, and Trustpilot. Understand the experiences of other business owners to make an informed decision.

Recap

Note that choosing between Chase and Capital One business credit cards is a significant decision for your business. Don’t rush it. Take the time to assess your needs and spending habits. Remember, the right card can make a huge difference in maximizing your rewards and managing your finances efficiently.

Chase offers incredible travel rewards and extensive protections, making it perfect for frequent travelers. Imagine enjoying luxury perks and peace of mind on every trip. However, be mindful of the higher credit score requirements and potential fees. Capital One, on the other hand, shines with its simplicity and straightforward rewards. Picture yourself earning unlimited cash back on every purchase without the hassle of annual fees. But, consider if the fewer branches and customer service reviews align with your expectations.

Stay encouraged! Both Chase and Capital One have their strengths, and the best choice depends on your unique business needs. Evaluate your options carefully. Look at the rewards, fees, additional benefits, and customer reviews. Make an informed decision that can benefit your business in the long run.