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The Capital One® Spark® Miles for Business Card has a mile-earning rewards system for business owners who are looking for a simple way to earn miles for travel rewards. It offers a sign-up bonus of 50,000 bonus miles after spending $4,500 on purchases within the first three months from account opening.
It comes with a $95 annual fee, but that fee is waived for the first year. You’ll earn 2X miles on every purchase, every day. Learn more about what the Capital One® Spark® Miles for Business Card has to offer down below.
Learn more about this card and its features here.
Capital One Spark Miles for Business Card Summary
 The Capital One Spark Miles for Business offers 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. Your miles won't expire for the life of the account, and there are no categories to limit where or what you buy and you can earn 2 miles per $1 on every purchase. And 5X miles on hotel and rental car bookings through Capital One TravelSM using a Spark Miles card There is an annual fee of $95, however, there is a $0 intro annual fee for the first year. Enjoy no foreign transaction fees and fly on any airline, anytime, with no blackout dates or seat restrictions. |
Earning & Redeeming Miles
Earn 2 miles per $1 on every purchase, every day. There are no limitations or rotating categories to keep up with. Your miles won’t expire for the life of the account, and there are no categories to limit where or what you buy. In addition, there is no limit to the amount of miles you can earn.
You can redeem your miles for travel, cash back, gift cards, and more.
You can also redeem them for past travel purchases using Purchase Eraser. With this method, you can simply make an eligible travel booking using your card, then go online after and use your miles to pay for it within 90 days of the date of purchase. Your credit will be applied to your account. When using your miles, fly on any airline, anytime, with no blackout dates or seat restrictions.
Why You Should Apply for This Card
- Travel and Purchase Perks: Enjoy travel and purchase benefits with this card. These include auto rental collision damage waiver with primary coverage, travel and emergency assistance services, lost luggage reimbursement, purchase security, and extended warranty protection.
- Employee Cards at No Additional Cost: Earn points when your employees use their card. Be aware that if employees can use the account, they will be authorized users. Unless you establish individual spending limits, they’ll have equal charging privileges.
- Various Discounts: Receive discounts at retailers, and special access to popular sporting events, premiere golf benefits, and more. Plus, enjoy saving up to 15% at various merchants with Visa SavingsEdge. And if you’re traveling, check out the Visa Signature Luxury Hotel Collection for exclusive benefits and bookings. There’s over 900 hotels to choose from.
- Quarterly and Annual Summaries: Get quarterly and annual spending summaries with the Spark Miles for Business. Summaries include a detailed, itemized, and categorized look at your spending during the covered period. Plus, receive reports of employee spending, if applicable.
- No Foreign Transaction Fee
Bottom Line
The Capital One® Spark® Miles for Business Card offers a generous sign-up bonus, has the annual fee waived for the first year, and offers 2% back towards travel, in the form of 2X miles. This no-hassle credit card is a popular choice for business owners due to its easy-to-use rewards and competitive earnings rate.
If your business spends a lot on non-travel-related expenses and you like to travel, this card is a solid choice. If you’re looking for flexible cash back redemption options, this may not be the card for you. Feel free browse our other featured credit card bonus promotions to find the one that best suits you.
Learn more about this card and its features here.