Capital One Spark Miles for Business
- Annual fee
- $0 for the first year. After that, $95
- Recommended credit
- Excellent
- Card network
- Visa
- Regular purchase APR
- 25.99% variable based on the Prime Rate
At a glance
The Capital One Spark Miles for Business card shines in both the strength and simplicity of its features, namely earning an unlimited two miles for every dollar spent on all purchases. Combine that with its special introductory signup offer and no foreign transaction fees, and you’ve got a card that companies will be clamoring for.
Our review of the Capital One Spark Miles for Business
There’s no need to stress over calculating travel rewards categories with the Capital One Spark Miles for Business. Ideal for those looking to earn unlimited 2X miles with no blackout dates, seat restrictions, or minimum for redeeming rewards.
Who Can Benefit from the Spark Miles Card?
The Capital One Spark Miles for Business Card is perfect for businesses with frequent travel and dining expenses. Companies that can benefit include:
- Frequent Business Travelers
- Businesses with High Travel and Dining Expenses
- Small to Mid-sized Businesses
- Companies with a Variety of Expenses
Credit Needed
Good credit or better (700 or higher).
Travel Benefits
In addition to Capital One Rewards points and a generous signup bonus, the Spark Miles for Business offers:
- Up to $100 credit for Global Entry or TSA Pre
- $50 experience credit
- Room upgrades
- No foreign transaction fees
How to Earn Miled Welcome Offer Bonus
New cardholders can earn 50,000 bonus miles after spending $4,500 on purchases within the first three months.
Earn Unlimited 2X Miles & More
Earn unlimited 2X miles per dollar on every purchase. Plus, earn 5X miles on hotel and rental car bookings through Capital One Travel.
How to Redeem Miles
Redeem points for approximately 1.4 cents per point. Options include flights, hotels, cruises, rental cars, cash back, statement credits, gift cards, and shopping with Amazon.
Capital One Point Transfer Partners
Transfer rewards to various airline and hotel partners, including AeroMexico, British Airways, and more.
Other Card Benefits
- Zero fraud liability
- Custom itemized spending reports
- Download purchases to Quicken, Quickbooks, and Excel
- Complimentary Employee Cards with individual spending limits
Comparison
| Card | Spark Miles | Spark Miles Select | Ink Business Preferred® |
|---|---|---|---|
| Issuer | Capital One | Capital One | Chase |
| Annual fee | $95 ($0 for first year) | $0 | $95 |
| Rewards | 5X on hotel and car bookings | 1.5X on all purchases | 3X on travel, shipping, internet, cable, advertising |
| Employee cards | Free | Free | Free |
The closest competitor is the Ink Business Preferred® from Chase, offering similar rewards and transfer options.
What We Like About the Card
- No annual fee for the first year
- Unlimited 2X miles on all purchses
Things to Consider
- No 0% APR
- $95 annual fee after the first year
Should You Apply?
The Capital One Spark Miles for Business is an excellent choice for businesses with frequent travel. With generous rewards and benefits, it’s a solid option for everyday earning.
Card features
Benefits as listed on the original card page. They can change; confirm details with the issuer.
- Earn 5X miles on hotel and rental car bookings through Capital One Travel
- Earn unlimited 2X miles per dollar on every purchase
- Earn a one-time bonus of 50,000 miles - equal to $500 in travel - once you spend $4,500 on purchases within the first 3 months
- Rewards miles do not expire and can be redeemed without blackouts or seat restrictions
- Additional employee cards at no cost, which also earn unlimited 2% cash back on all purchases
Who this card may suit
- You travel frequently and can maximize the miles that can be earned
- You're eager to earn an unlimited 2X miles on all purchases, every day
- You want a huge introductory bonus that requires considerable spending within the first three months of being a cardholder
- You want a business card with no foreign transaction fees
Rates, fees and terms
| Annual Fee | $0 for the first year. After that, $95 |
|---|---|
| Regular Purchase APR | 25.99% variable based on the Prime Rate |
| Balance Transfer APR | 25.99% variable based on the Prime Rate |
| Cash Advance APR | 31.99% variable based on the Prime Rate |
| Cash Advance Transaction Fee | 3% of the amount of the cash advance, but not less than $3 |
| Penalty APR | 34.4% variable based on the Prime Rate |
| Late Payment Penalty Fee | Up to $39 |
Confirm before you apply: rates, fees and offers change often. The figures above are the ones listed on the original card page, not a current quote from the issuer. APRs are typically variable, and the rate you receive depends on your creditworthiness. Recommended credit: Excellent Credit.
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Capital One Spark Miles for Business
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