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The Capital One Spark Miles for Business is no longer available. See our picks for the best Capital One cards to see other options.
The Capital One Spark Miles for Business credit card is a good option for small business owners looking for a simple, straightforward travel rewards card. Instead of tracking multiple categories or rotating bonus calendars, you’ll earn a flat rewards rate on most purchases.
To maximize your rewards, book your work travel, such as hotel stays, vacation rentals, and car rentals, through Capital One Business Travel booking site; you’ll earn five miles for every dollar spent. Use your card for your routine business purchases, such as your internet service, cell phone bill, or shipping costs, to earn two miles for every dollar spent.
You can earn unlimited miles, and they will never expire as long as your account is open.
The primary redemption method for the Capital One Spark Miles card is travel arrangements booked through Capital One Business Travel booking site. When you redeem your miles through Capital One’s portal, each mile is worth one cent. For example, if you earn 20,000 miles, you could redeem them for $200 worth of flights, car rentals, or hotel accommodations.
Capital One allows you to transfer your points to its travel partners, including loyalty programs like Emirates Skywards or Finnair Plus. You can also redeem your miles in other ways, including gift cards or account credits, but the value of your points may be less with those redemption options.
The Spark Miles card is best for small business owners, including independent contractors or freelancers, who travel often for work. You’ll earn a higher rewards rate on hotels and car rentals and a flat rate on all other business purchases.
The card provides added benefits and protections, and the $95 annual fee is relatively low for a card that offers so many perks.
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No annual fee the first year: The annual fee is waived for the first year, giving you time to try out the card and earn rewards before deciding whether to keep it and pay the fee.
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Simple rewards: Even the best rewards card can be incredibly complex, requiring users to keep track of rotating spending categories and special sign-up bonus offers. The Spark Miles card is much simpler, offering a flat rate on most purchases.
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Added benefits: Card members enjoy benefits like extended warranty protection and Global Entry or TSA PreCheck fee reimbursements.
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Must have excellent credit: To qualify for the Spark Miles card, you must have excellent credit. According to Equifax, one of the three major credit bureaus, a very good to excellent credit score would be between 740 and 850. You won’t qualify for the card if your score isn’t within that range.
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Lack of travel insurance: For a travel rewards card, the Spark Miles card lacks some significant benefits, including common perks like baggage delay insurance, car rental damage insurance, and travel cancellation or interruption coverage.
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No introductory APR: The Spark Miles doesn’t have an introductory APR offer, so you don’t get the benefit of 0% APR for purchases or balance transfers.
The Spark Miles card is a Mastercard, and most retailers and merchants in the U.S. and other countries accept it.
You can make payments on your Spark Miles card online, through a mobile app, or by sending a check through the mail.
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Mail:
Capital One
Attn: Payment Processing
PO Box 71087
Charlotte, NC 28272-1087
Customer support is available 24 hours a day, seven days a week. You can reach customer service via phone or social media:
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Phone: 1-800-227-4825
If the Capital One Spark Miles card isn’t the right card for you, these other business credit cards may be a better fit:
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Annual fee
$0
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Welcome offer
Earn $750 bonus cash back after spending $6,000 in the first 3 months
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Card type(s)
Business, Travel
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Introductory Purchases APR
0% Intro APR on Purchases for 12 Months
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Ongoing Purchases APR
16.74% – 24.74% Variable
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Recommended credit score
Good, Excellent
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Rewards rate
1.5% unlimited cash back on every business purchase
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Benefits
- $0 annual fee
- Generous intro APR on purchases
- You won’t be held responsible for unauthorized charges made with your card or account information
Why we like it: The Chase Ink Business Unlimited card has no annual fee, and you can earn a flat 1.5% cash-back rate on every purchase.
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Annual fee
$0
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Welcome offer
Earn a $250 statement credit after you make $3,000 in purchases on your card in your first 3 months
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Card type(s)
Business, Cash-Back
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Introductory Purchases APR
0% on purchases for 12 months from date of account opening
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Ongoing Purchases APR
16.74% – 26.74% Variable
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Recommended credit score
Excellent/Good
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Rewards rate
- 2% cash back on all eligible purchases on up to $50,000 per calendar year
- 1% cash back on all eligible purchases after spending $50,000 per calendar year (cash back earned is automatically credited to your statement)
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Benefits
0% intro APR on purchases for 12 months from the date of account opening (then variable rate 16.99% – 26.99%, based on your creditworthiness and other factors as determined at the time of account opening; APRs will not exceed 29.99%)
Why we like it: The Amex Blue Business Cash Card also has no annual fee and a generous introductory APR on purchase.
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Annual fee
$0 Intro annual fee for the first year, then $150 Annual Fee.
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Welcome offer
Earn up to 110,000 United MileagePlus bonus miles and 2,000 PQP after spending $5,000 on qualifying purchases in the first three months of opening an account (100K + 10K more miles after you add an authorized user to your account in the first 3 months your account is open)
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Card type(s)
Travel, Airline, Business
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Ongoing Purchases APR
19.74% – 28.24% Variable
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Recommended credit score
Excellent/Good
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Rewards rate
- 8x total miles on eligible United flights
- 2x miles on all other eligible United purchases
- 2x miles on dining including eligible delivery services, at gas stations, office supply stores, and on local transit and commuting
- 1x miles on all other purchases
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Benefits
- Save at least 10% when booking flights with miles; Premier members earn even more.
- Receive a 5,000-mile “better together” bonus each anniversary when you have both the United Business Card and a personal Chase United credit card
- Enjoy a free first checked bag, 2 United Club℠ one-time passes per year, and priority boarding privileges
Why we like it: The United Business Card has a long list of perks, including a free checked bag, United travel credit, trip cancellation or interruption coverage, trip delay reimbursement, baggage delay insurance, and auto rental collision damage waivers.
This article was edited by Rebecca McCracken
All information about the Capital One Spark Miles for Business has been collected independently by Yahoo Finance. Capital One Spark Miles for Business is no longer available through Yahoo Finance.
Editorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong solely to Yahoo Finance and are not those of any other entity. The details on financial products, including card rates and fees, are accurate as of the publish date. All products or services are presented without warranty. Check the bank’s website for the most current information. This site doesn’t include all currently available offers. Credit score alone does not guarantee or imply approval for any financial product.