With the Capital One® Spark® Miles for Business, you can earn a one-time bonus of 50,000 miles after spending $4,500 on purchases within the first 3 months of account opening. The 50,000 miles is equivalent to $500 in travel.
Plus, earn an unlimited 2x miles on every purchase you make. There are no blackouts or seat restrictions, and no minimum to redeem. This card comes with a reasonable annual fee of $95 which is waived for the first year. In addition, there are no foreign transaction fees. If you’re looking for a hassle-free simple rewards tier, this card may be the right fit for your business.
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Capital One Spark Miles for Business Summary
|With the Capital One® Spark® Miles for Business:
-Earn 2 miles per $1 on every purchase, every day
-Plus, a one-time bonus of 50,000 miles once you spend $4,500 on purchases within 3 months from account opening
-Miles won't expire for the life of the account, and there are no categories to limit where or what you buy
-$0 intro annual fee for the first year; $95 after that
-There's no limit to the amount of miles you can earn
-Redeem miles for travel, cash back, gift cards and more
-No foreign transaction fees and fly on any airline, anytime, with no blackout dates or seat restrictions
Many business credit cards have limits on how much you can earn in bonus rewards categories. In addition, they leave you with a low rewards rate for all other purchases. If your business spends a lot in these categories and is small enough to know you won’t reach the spending cap each year, this may be alright.
However, if you know your business will reach past the spending cap within a few months, or you don’t want to be tied to specific earning categories, the Capital One® Spark® Miles for Business may be the best option for your business. It gives you an unlimited 2 miles per $1 spent on every purchase.
Redeem your miles for any airline or hotel purchase for a statement credit. Also redeem your miles for gift cards, cash and more.
Maximize your miles by redeeming them for travel. On Capital One’s travel platform, book travel using your miles at a rate of one cent per mile. Use Capital One’s Purchase Eraser to get a full or partial statement credit for your travel purchase when you book elsewhere. With the Purchase Eraser, there’s no minimum redemption. Purchase a hotel stay for $500, redeem as little as $1 worth of points as a partial statement credit for that purchase.
Spark Miles for Business cardholder receive a few purchase and travel benefits. These include auto rental collision damage waiver, purchase security, extended warranty protection, and travel and emergency assistance services.
No Foreign Transaction Fees: Planning on traveling internationally? Unlike most cards that charge a 3% foreign transaction fee, the Spark Miles for Business doesn’t charge one.
Free Employee Cards: At no additional cost, you can add free employee cards. Employee cards will earn you rewards from their purchases.
Business travelers, earn a fantastic sign up bonus upon approval for your Capital One® Spark® Miles for Business after meeting the spend requirement. The annual fee is $95, but it is waived for the first year. If you’re worried about this fee, the 2x bonus miles you receive back on purchases can definitely make getting this card worth it. This card is great for almost any business that does any travelling.
It’s a high-value credit card for your business spending and you can’t go wrong with it. Your points never expire and you can redeem them at any time. Note that this card is for business owners with excellent credit. If you think this card is something that could benefit your business, sign up today! Also, don’t forget to check out our complete list of credit card promotions today!
Learn more about this card and find out how you can apply here.
Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airline, or hotel chain, and has not been reviewed, approved, or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone, not those of the bank, credit card issuer, airline, or hotel chain, and have not been reviewed, approved, or otherwise endorsed by any of these entities.