New cardholders can earn 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening.
Editor’s Note: If you have a side business such as selling on eBay, Craigslist, or do freelance work, then your business is called “sole proprietorship.” Simply use your name as business ID and Social Security number as tax ID.
Capital One Spark Miles for Business 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 Skip the lines with up to a $100 statement credit on TSA PreCheck or Global Entry 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. |
* The Capital One Spark Miles For Business card is issued by Capital one. They also offer great sign-up bonuses. You can also compare this card with other credit card bonuses!
Capital One Spark Miles Bonus Miles
Take advantage of Spark Miles card’s 50,000 bonus miles introductory offer. In order to qualify for the offer, earn 50,000 bonus miles when you spend $4,500 in the first 3 months.
Here are some ideas on meeting the spending requirements.
What are Spark Miles Worth?
Your miles’ worth depends on how you use them just like many other travel rewards cards. Each Spark mile is worth up to $0.014 when you take advantage of any of their transfer partners, it’s a good value value compared to other rewards card that’s just $0.01.
You can use your Spark miles towards:
- Travel purchases booked through Capital One
- Statement credits towards travel purchases
- Gift cards
But if you want to get the most value for your Spark miles, you can transfer your rewards to a Capital One airline partner.
Another good way to use your miles is to redeem them for new or previous travel purchases, both of these will get you $0.01 per mile.
Conclusion
Easy earning and flexible redemption options make the Capital One Spark Miles for Business a great choice for small business owners, especially for those who frequently travel.
However, if you’re looking for other flexible cash options or you’re looking for a card that earns better rates for your earning purposes, consider other credit card options from Capital One.
If you’re interested for more offers from Capital One, check out all the ongoing Checking/Savings account bonuses!