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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 card 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 for maximum value.
If you travel more frequently, then you may want to invest in a business card with an annual fee such as Capital One Spark Miles for Business (see rates & fees). It offers a better rewards rate, lets you earn a better sign-up bonus and gives you a better set of benefits and protections.
Intro Purchase APR
N/A
Regular Purchase APR
17.99%, 20.99% or 23.99% Variable
Intro BT APR
N/A
Regular BT APR
17.99%, 20.99% or 23.99% 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
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.
If you’ve never had a travel credit card for business before, this can be useful, since you won’t have to juggle different cards for elevated rewards rates.
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:
Low APR
The Capital One Spark Miles Select for Business for Business has a regular purchase APR of 17.99%, 20.99% or 23.99% Variable. Similar credit cards can have APRs nearing 28% – 29% — so if you do carry a balance, you may accumulate less interest with this card than you would with others.
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.
No intro APR
This card doesn’t offer a 0% introductory APR on purchases or balance transfers. So if you wanted to pay off a large business purchase over time, you can’t do it with this card for no interest.
The U.S. Bank Triple Cash Rewards Visa® Business Card offers a 0% intro APR for 12 billing cycles on purchases; after that, a 18.24% to 27.24% variable APR applies. Unlike the Capital One Spark Miles Select for Business, this is a cash back credit card.
| Credit Cards | Our Ratings | Annual Fee | Welcome Offer | Rewards Rate | |
|---|---|---|---|---|---|
|
Capital One Spark Miles Select for Business*
|
$0 | One-time bonus of 50,000 miles once you spend $4,500 on purchases within 3 months from account opening | 1.5 Miles per $1 on every purchase | ||
Capital One Spark Miles for Business
 Apply Now
on Capital One's secure site Rates & Fees |
$0 intro for first year; $95 after that | 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. | 2 Miles per $1 on every purchase, everywhere; 5 Miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Travel |
Apply Now
on Capital One's secure site Rates & Fees |
|
Ink Business Preferred® Credit Card
Apply Now
on Chase's secure site |
$95 | Earn 90,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening. | 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. |
Apply Now
on Chase's secure site |
|
The American Express Blue Business Cash™ Card*
|
No annual fee | Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months. | Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1% |
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; 5 Miles per dollar on hotels, vacation rentals and rental cars booked 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 $120. 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.
You’ll 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.
You’ll also earn a generous sign-up bonus: Earn 90,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.
The Ink Business Preferred® Credit Card requires a lot of spending for its sign-up bonus, so if your business does not already spend the required amount in that time frame, the Capital One Spark Miles Select for Business will likely be a better option. However, if you often travel domestically, you can transfer your points over to domestic airlines and more hotel chains with the Ink Business Preferred® Credit Card.
You’ll have a straightforward rewards rate: Earn 2% cash back on all eligible purchases on up to $50,000 per calendar year, then 1%. You’ll also get a welcome offer that’s easier to earn than that of the Capital One Spark Miles Select for Business: Earn a $250 statement credit after you make $3,000 in purchases on your Card in your first 3 months.
Unlike many business cards, The American Express Blue Business Cash™ Card comes with an intro APR: 0% on purchases for 12 months from date of account opening, then a 17.74% - 25.74% Variable APR applies (see rates & fees). This makes it a better choice for paying off large business purchases over time.
Despite the long intro APR and valuable welcome offer, the Capital One Spark Miles Select for Business is still a better choice if you plan on traveling, since your points can go farther than cash back.
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 (see rates & fees). Otherwise, you’d be better off using the Capital One Spark Miles Select for Business.
For Capital One products listed on this page, some of the benefits may be 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, U.S. Bank Triple Cash Rewards Visa® Business Card and The American Express Blue Business Cash™ Card has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.
The content above is not provided by any issuer. Any opinions expressed are those of LendingTree alone and have not been reviewed, approved, or otherwise endorsed by any issuer. The offers and/or promotions mentioned above may have changed, expired, or are no longer available. Check the issuer's website for more details.
