Even if you’re not looking for a Capital One Spark business card specifically to improve your credit, it’s nonetheless important to understand how credit card issuers report your credit history.
In this case, Capital One reports your credit history to both personal and business credit bureaus. This being said then, this could be a benefit, or a drawback, depending on how you spend. If you’re looking to improve your personal credit and start building your business credit, Capital One’s reporting process will certainly benefit you, as long as you’re spending wisely and making your payments on time.
On the other hand, if you’re hoping to avoid your business credit card affecting your personal credit score—like in the case you have funding issues with your business—you may decide to look for a credit card issuer that doesn’t typically report to personal credit bureaus. Some issuers, like Chase, for example, only report your business credit card history to personal credit bureaus when your account is in default or poor standing.