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LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
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Capital One Spark Miles Select for Business Review

LendingTree's Review

How LendingTree Rates Credit Cards?

Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.
4.4
Capital One Spark Miles Select for Business
Rewards Rate
1.5 Miles per $1 on every purchase
Sign-up Bonus
One-time bonus of 50,000 miles once you spend $4,500 on purchases within 3 months from account opening
Intro Purchase APR
N/A, then 18.49%, 21.49% or 24.49% Variable
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It was not reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Who is the Capital One Spark Miles Select for Business best for?

The Capital One Spark Miles Select for Business could be a perfect fit for business owners looking for a travel rewards card with a $0 annual fee.

This no-annual-fee business credit card from Capital One offers a flat-rate earnings on all purchases, plus an elevated rewards rate on hotel and rental cars booked through Capital One Travel. Miles can be applied toward travel purchases, or transferred to 15+ travel and hotel partners.

We’ll walk through the pros and cons of the Capital One Spark Miles Select for Business, as well as compare it to the Capital One Spark Miles for Business, which boasts a higher rewards earning rate on purchases, a bigger sign-up bonus and more travel benefits, in exchange for an annual fee.

*To see rates & fees for Capital One Spark Miles for Business, please click here.

Capital One Spark Miles Select for Business overview

    • Earn unlimited 1.5X miles per dollar on every purchase, everywhere, no limits or category restrictions, and miles won't expire for the life of the account
    • 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
    • Earn 5X miles on hotel and rental car bookings through Capital One Travel using a Spark Miles Select card
    • No annual fee
    • Transfer your miles to 15+ leading travel loyalty programs like Air Canada and Emirates™
    • Redeem your miles instantly for any travel-related purchases, from flights and hotels to ride-sharing services
    • Free employee cards which also earn unlimited 1.5X miles from their purchases
  • Recommended Credit
    Credit scores ranges may vary. Your individual chance at approval may vary due to factors such as creditors using a particular variation at their discretion
  • 660 720 850
    Good/Excellent
  • Car rental theft and collision coverage
  • Roadside assistance
  • Foreign transaction fees of $0
  • Extended warranty
  • Free employee cards and spend limits

Intro Purchase APR

N/A

Regular Purchase APR

18.49%, 21.49% or 24.49% Variable

Intro BT APR

N/A

Regular BT APR

18.49%, 21.49% or 24.49% Variable

Annual Fee

$0

Cash Advance Fee

Either $5 or 5% of the amount of each cash advance, whichever is greater

Foreign Transaction Fee

$0

Balance Transfer Fee

N/A

Pros and cons

  • $0 annual fee
  • Intro purchase APR
  • Flat-rate rewards on every purchase
  • Elevated rewards rate on hotels and rental cars
  • Miles transferable to 15+ airline and hotel partners
  • Earn mediocre sign-up bonus
  • Limited travel benefits

What we like

  • Intro APR on purchases

    The Capital One Spark Miles Select for Business comes with the following intro APR offer: N/A, after which a 18.49%, 21.49% or 24.49% variable APR will apply.

    If you need some time to finance some capital expenditures, taking advantage of the intro APR offer can save you from paying interest charges during the intro period while you pay down the balance.

  • No annual fee

    The Capital One Spark Miles Select for Business comes with a $0 annual fee, which is helpful for budget-conscious business owners.

  • Flat-rate rewards on every purchase

    Some travel rewards programs offer different rewards-earning tiers depending on the types of purchases you make. The Capital One Spark Miles Select for Business makes it pretty simple: earn 1.5 miles per $1 on every purchase. Plus, you’ll earn an elevated rate of 5X on hotels and rental cars booked through Capital One Travel.

  • Miles transferable to multiple travel partners

    A nice feature of the Capital One Spark Miles Select for Business is that you can transfer your miles to 15+ travel partner loyalty programs, mostly at a 1:1 ratio.

    The current travel partners are:

    • Aeromexico Club Premier
    • Aeroplan®
    • Asia Miles
    • Avianca LifeMiles
    • British Airways Executive Club
    • Choice Privileges®
    • Emirates Skywards
    • Etihad Guest
    • Finnair Plus
    • Flying Blue
    • Qantas Frequent Flyer
    • Singapore Airlines KrisFlyer
    • TAP Miles&Go
    • Turkish Airlines Miles&Smiles
    • Virgin Red

What to watch out for with the Capital One Spark Miles Select for Business

  • Mediocre sign-up bonus

    New Capital One Spark Miles Select for Business cardholders can earn a one-time bonus of 50,000 miles once you spend $4,500 on purchases within 3 months from account opening. That’s worth about $200 when redeemed against travel purchases made with the card.

    However, you can’t expect a $0-annual-fee travel card to offer a huge sign-up bonus. Those are usually reserved for travel cards with annual fees.

  • Limited travel benefits

    While the Capital One Spark Miles Select for Business does offer car rental insurance, it lacks some of the more common travel card benefits such as trip interruption/cancellation, baggage insurance or TSA PreCheck credits. But again, since the card does not have an annual fee, you can’t expect a slew of premium benefits.

Alternate business travel card

Compare it to the Capital One Spark Miles for Business

| Disclosures
Capital One Spark Miles for Business
Capital One Spark Miles for Business
apply-now-icon Apply Now
on Capital One's secure site
Rates & Fees
N/A
26.24% (Variable)
$0 intro for first year; $95 after that
2 Miles per $1 on every purchase, everywhere
  • 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
  • Earn unlimited 2X miles per dollar on every purchase, everywhere, no limits or category restrictions, and miles won't expire for the life of the account
  • Unlimited 5X miles on hotels and rental cars booked through Capital One Travel
  • Transfer your miles to 15+ travel loyalty programs
  • Redeem your miles instantly for any travel-related purchases, from flights and hotels to ride-sharing services
  • Skip the lines with up to a $100 statement credit on TSA PreCheck® or Global Entry
  • $0 intro annual fee for the first year; $95 after that
  • Free employee cards which also earn unlimited 2X miles from their purchases
  • For Capital One products listed on this page, some of the benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply
660 720 850
Good/Excellent

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

 

The Capital One Spark Miles for Business would be a better fit for business owners with a bigger travel budget, as it comes with a more generous welcome offer, more travel benefits and a better rewards rate in exchange for an annual fee of $0 intro for first year; $95 after that.

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.

Plus, earn a higher rewards rate of 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.

As for enhanced travel benefits, 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. And the card comes with an added travel assistance benefit as well as the same ability to transfer miles to the same travel partners as the Capital One Spark Miles Select for Business.

*To see rates & fees for Capital One Spark Miles for Business, please click here.

Is the Capital One Spark Miles Select for Business right for you?

If your business is small, but you’re looking for an affordable travel rewards card, the Capital One Spark Miles Select for Business would be a good fit. Plus. it comes with foreign transaction fees of $0, which is an excellent feature on a card with a $0 annual fee.

But if your business charges are expected to exceed $20,000 a year, your rewards gain will offset the annual fee of the Capital One Spark Miles for Business after the first year. Otherwise, you’d be better off using the $0-annual-fee Capital One Spark Miles Select for Business.

Before you make a final decision, check out our recommendations for best small business credit cards.

*To see rates & fees for Capital One Spark Miles for Business, please click here.
Learn More
on Capital One's secure site

For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.

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.