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The Capital One Spark Miles for Business is a great option for businesses that require a lot of travel and want a no-fuss consistent earnings rate on all purchases. Compared to other business travel cards, this card offers the highest flat-rate miles program, plus an elevated earnings rate on hotel and rental car purchases.
There are multiple ways to redeem miles for flights, hotels, vacation packages and the added ability to transfer miles to 15+ travel partners.
This card isn’t ideal for businesses that don’t want to pay an annual fee since there is a fee of $0 intro for first year; $95 after that. Also, if your business is looking for a 0% intro period in which to finance a large purchase, this card doesn’t offer that option.
Intro Purchase APR
N/A
Regular Purchase APR
25.24% (Variable)
Intro BT APR
N/A
Regular BT APR
25.24% (Variable)
Annual Fee
$0 intro for first year; $95 after that
Cash Advance Fee
3% of the amount of the cash advance, but not less than $3
Foreign Transaction Fee
None
Balance Transfer Fee
$0 at this Transfer APR
Signup bonus
New cardholders can 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 from account opening.
Unlimited cashback earnings
Capital One Spark Miles for Business cardholders can earn an unlimited 2 miles per $1 on every purchase, everywhere, plus an elevated 5X earnings rate on hotel and rental car bookings made through Capital One Travel.
Transfer partners
Cardholders can transfer their Capital One miles to the following 15+ airline and hotel partners:
Transfers will be at a rate of 1:1, 2:1.5, or 2:1 depending on the specific partner.
Global Entry or TSA PreCheck credit
Every four years, Capital One Spark Miles for Business cardholders who use their card to complete the Global Entry or TSA PreCheck application qualify for a statement credit of up to $100.
High credit requirement for approval
Applicants must have excellent/good credit in order to be approved for this card. Business owners with fair credit should take a look at the Capital One Spark Classic for Business.
Poor redemption value for non-travel statement credits
If you choose to redeem your miles as a statement credit for purchases other than travel purchases, each mile is worth 0.5 cents instead of the 1 cent per mile for travel purchase redemptions.
Low rewards earning rate on regular business expenses
While the Capital One Spark Miles for Business offer a reasonable flat earnings rate on all purchases, other cards, such as the Ink Business Preferred® Credit Card, offers a higher earnings rate on recurring business expenditures. For example, Ink Business Preferred® Credit Card cardholders Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn. However, that rate is capped, where earnings on the Capital One Spark Miles for Business are not.
The Capital One Spark Miles for Business and the Capital One Spark Miles Select for Business are both travel-focused, but they differ in annual fee, rewards, and intro period. The Capital One Spark Miles for Business has an annual fee of $0 intro for first year; $95 after that while the Capital One Spark Miles Select for Business has a $0 annual fee. If you’re not interested in paying an annual fee, then the Capital One Spark Miles Select for Business is a good alternative.
In exchange for a $0 annual fee, the Capital One Spark Miles Select for Business offers a lower rewards rate of 2 miles per $1 on every purchase, everywhere.
However, a big plus of the Capital One Spark Miles Select for Business is that is offers an intro APR of 0% introductory APR for the first 9 months that your account is open. (after which an APR of 15.49%, 21.49% or 25.49% (variable) APR applies). This allows your business to carry a balance and not be charged interest during the promotional period, which can come in handy when making a purchase where you need to spread out the payments over time.
The information related to the Capital One Spark Miles Select for Business has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication.
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Apply Now on Capital One's secure site
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Read Review |
Apply Now on Capital One's secure site
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Apply Now on Chase's secure site
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| Welcome Offer | |||
| 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 from account opening. | One-time bonus of 20,000 miles once you spend $3,000 on purchases within 3 months from account opening | Earn up to a $1,000 cash bonus; $500 once you spend $5,000 in the first 3 months, and $500 once you spend $50,000 in the first 6 months of account opening | Earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening. |
| Rewards Rate | |||
| 2 Miles per $1 on every purchase, everywhere | 1.5 Miles per $1 on every purchase | 2% Cash Back on every purchase; 5% Cash Back on hotels and rental cars booked through Capital One Travel | Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn. |
| Annual Fee | |||
| $0 intro for first year; $95 after that | $0 | $150 | $95 |
| Regular APR | |||
| 25.24% (Variable) | 15.49%, 21.49% or 25.49% (Variable) | N/A | 20.24% - 25.24% Variable |
| Recommended Credit | |||
| Excellent/Good | Excellent/Good | Excellent | Excellent |
| Card Details | |||
| Capital One Spark Miles for Business | Capital One Spark Miles Select for Business | Capital One Spark Cash Plus | Ink Business Preferred® Credit Card |
The Capital One Spark Miles for Business provides a great rewards program for businesses that would like to offset the cost of travel for a reasonable annual fee that is waived the first year. You earn a great flat-rate on miles that has no caps and if you travel abroad, there are foreign transaction fees of none. However, if you’re a heavy business traveler, know that there are other cards that offer more travel benefits, such as airport lounge access and more travel protections, but in exchange for those perks, charge a much higher annual fee.
