Key Takeaway
Capital One Spark Cash Select is a revolving card with a personal guarantee, while Ramp is a corporate charge card with no personal guarantee and automated spend controls.
- Spark Cash Select: Requires personal credit check and personal guarantee; revolving line
- Ramp: Corporate charge card (must be paid in full monthly); underwritten on company cash balance
- Both offer 1.5% flat cash back, but Ramp includes automated software management and bill pay
Business Models: Revolving vs. Corporate Charge
When comparing the Capital One Spark Cash Select and the Ramp Corporate Card, the primary distinction is legal underwriting structure:
- Capital One Spark Cash Select: A traditional small business credit card. It requires a personal guarantee (the business owner is personally liable), checks the owner’s personal credit score, and allows you to carry a balance month-to-month with interest.
- Ramp: A true corporate card designed for registered entities (LLCs, C-Corps). It requires no personal guarantee and no personal credit pull. Underwriting is based strictly on your company’s bank balance (minimum $75,000 in cash typically required), and balances must be paid in full on a 30-day billing cycle.
Rewards Comparison
- Spark Cash Select: Earns 1.5% cash back on all purchases with no annual fee.
- Ramp: Earns up to 1.5% cash back on all spend, combined with automated spend management software, virtual card generation, and bill pay integration.
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Capital One
$395/yr
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Base Return
1.0%
Top Category
10x / %