IHG One Rewards Premier Business vs Capital One Spark Cash Plus
Side-by-side comparison
| IHG One Rewards Premier Business | Capital One Spark Cash Plus | |
|---|---|---|
| Annual fee | $99 | $150 |
| Welcome offer | 140,000 points | $2,000 cash back |
| Advertising | 5% | 2% |
| Shipping | 3% | 2% |
| Office supplies | 3% | 2% |
| Phone & internet | 3% | 2% |
| Travel | 5% | 2% |
| Everything else | 3% | 2% |
| Est. yearly rewards* | $1,722 | $900 |
| Points type | Locked to IHG One Rewards | Pools with Capital One → transferable |
| Network | Mastercard | Mastercard |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified June 2026. See your own numbers in the calculator.
The verdict
On a typical year of business spending, the IHG One Rewards Premier Business earns about $1,722 a year in rewards and the Capital One Spark Cash Plus about $900, valuing every point at a flat 1 cent. The IHG One Rewards Premier Business charges $99, which you clear through its rewards and perks. The Capital One Spark Cash Plus charges $150, which you clear through its rewards and perks. Counting rewards, fees, and any credits, the IHG One Rewards Premier Business delivers more total value, about $873 a year more for a typical spender, mostly because it earns more where you spend most, on advertising and everything else. The bigger difference is the ceiling: the Capital One Spark Cash Plus earns points you can move to travel partners for outsized value, while the IHG One Rewards Premier Business stays locked to a single airline or hotel program. Favor the Capital One Spark Cash Plus if you will use travel transfers, the IHG One Rewards Premier Business if you want simplicity. On the sign-up bonus, the Capital One Spark Cash Plus currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the IHG One Rewards Premier Business if your spending leans toward advertising, shipping, office supplies.