Capital One Spark Miles for Business is an excellent travel credit card with a low annual fee of $95, waived for the first year. It offers unlimited 2x miles on every business-related purchase, which you can redeem for flights, hotels, and vacation packages. You can also transfer miles to any of its travel partners. While it does not charge balance transfer and foreign transaction fees, it doesn’t come with an interest-free financing period.
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BEST FOR:
Unlimited 2x miles with every swipe
- Earn a one-time bonus of 50,000 miles once you spend $4,500 on purchases within the first 3 months of account opening.
- Unlimited 2x miles on every purchase, with no blackouts or seat restrictions and no minimum miles to redeem
- 5x miles on hotels and rental cars booked through Capital One Travel
- Issue employee cards for free
Pros
- Welcome offer
- Offers fixed-rate miles rewards on all purchases
- Does not charge balance transfer and foreign transaction fees
Cons
- Does not have a 0% introductory period on purchases and balance transfers
- Charges an annual fee after the first year
- Airport security screening reimbursement: Either a $100 statement credit for Global Entry or an $85 statement credit for TSA PreCheck® once every four years.
- Payment flexibility: Capital One lets you choose your monthly due date, enabling your business to control when to pay.
- Capital One Lounge: Cardholders get two free visits per year to the Capital One Lounge, which offers luxurious amenities and fresh, local food and beverage options.
- Earn a one-time bonus of 50,000 miles once you spend $4,500 on purchases within the first 3 months of account opening.
- Unlimited 2x miles on every purchase, with no blackouts or seat restrictions and no minimum miles to redeem
- 5x miles on hotels and rental cars booked through Capital One Travel
- Issue employee cards for free
Pros
- Welcome offer
- Offers fixed-rate miles rewards on all purchases
- Does not charge balance transfer and foreign transaction fees
Cons
- Does not have a 0% introductory period on purchases and balance transfers
- Charges an annual fee after the first year
- Airport security screening reimbursement: Either a $100 statement credit for Global Entry or an $85 statement credit for TSA PreCheck® once every four years.
- Payment flexibility: Capital One lets you choose your monthly due date, enabling your business to control when to pay.
- Capital One Lounge: Cardholders get two free visits per year to the Capital One Lounge, which offers luxurious amenities and fresh, local food and beverage options.
When grading fixed-rate travel rewards business credit cards like Capital One® Spark® Miles for Business, we weigh ongoing rewards the heaviest. We rate introductory rewards as the second-biggest factor and also consider the annual fee, introductory and ongoing annual percentage rates (APRs), and additional features.
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Who the Capital One Spark Miles for Business Is Best For
- Those who prefer a fixed-rate rewards card: With Capital One Spark Miles for Business, you’ll earn unlimited 2x miles on all spending for a low annual fee. This makes it an excellent choice for business owners who don’t want to keep track of bonus category spending. It’s no surprise that this card is our top pick for best business credit cards for miles.
- Those who travel for business frequently: This Capital One travel rewards card allows you to use your miles on flights, hotels, vacation packages, and more. This makes it one of our top choices for the best business credit card for travel.
If this travel business credit card isn’t a good fit for your business, you may head over to our recommended alternatives to find other options. You can also check our list of the leading Capital One business credit cards for more options from the issuing bank.
Capital One Spark Miles for Business Rewards
- 50,000 one-time bonus miles after spending $4,500 on purchases within the first three months after opening an account
- Unlimited 2x miles on all purchases
- 5x miles on hotels and rental cars booked through Capital One Travel
Capital One Spark Miles for Business Calculator
Find out how much you can earn from Capital One Spark Miles for Business based on your estimated monthly expenses. Use our rewards calculator to compute your potential rewards—just enter your expected monthly spending, and our calculator will do the rest.
Note that each mile is valued at 1.85 cents.
How To Redeem Capital One Spark Miles for Business Rewards
You can redeem your rewards for new travel reservations and past travel purchases, which should be made within 90 days from the date of your purchase. For new travel reservations, the number of miles needed for travel redemption will vary on the cost of the travel purchase. You can determine how many miles you need to redeem by multiplying the cost of your travel purchase by 100.
You can also redeem your rewards as cash back in the form of a statement credit, check by mail, or gift cards at restaurants, retailers, or hotels. Automatic redemption is also available at a set time each calendar year or when a threshold has been reached.
Your rewards may be worth more in travel when you transfer to one of Capital One’s partners. You can transfer your miles to select loyalty programs to any of Capital One’s over 15 travel partners, including Air Canada, Aeromexico, Emirates Skywards, Qantas, and Turkish Airlines.
Note that rewards do not expire so long as your account remains active. Also, there is no cap on the amount of rewards you can earn on purchases.
Capital One Spark Miles for Business Features
Cash Management
- Payment flexibility: Capital One lets you choose your monthly due date, enabling your business to control when to pay.
- Year-end summaries: You’ll receive an itemized report of what you have spent within the past year to simplify budgeting and tax times.
- Employee cards: Not only does Capital One give your employees their own cards for free, but you can also track their spending, earn all their rewards from their purchases, and set a customized spending limit for each issued employee card.
Travel Benefits
- Global Entry or TSA PreCheck®: Use your Capital One Spark Miles for Business credit card to receive up to $100 credit for Global Entry or TSA PreCheck®. To qualify, you must either complete the Global Entry application and pay a $100 application fee or complete the TSA PreCheck® application and pay an $85 application fee.
- Capital One Lounge: Cardholders get two free visits per year to the Capital One Lounge, which offers luxurious amenities and fresh, local food and beverage options.
Protection Coverage
- Extended warranty: Get free additional warranty and protection on eligible items that you purchase with your Capital One credit card.
- $0 fraud liability: You won’t be liable for any fraudulent charges on your account; plus, you can get an emergency card replacement in case your card is lost or stolen.
- Fraud and security alerts: Capital One will notify you via email or text message alert if a potential mistake or suspicious transaction is detected on your account.
Capital One Spark Miles for Business Fees
APR
- Introductory: None
- Ongoing and balance transfers: 26.24% variable, which changes with the prime rate
- Cash advance: 32.24% variable, which changes with the prime rate
- Penalty: 34.65% variable, which changes with the prime rate—will be applied to your account if you make a late payment.
Fees
- Annual: $95, waived for the first year
- Balance transfer: None
- Foreign transaction: None
- Cash advance: Either $3 or 3% of the amount of each cash advance, whichever is greater
- Late payment: Up to $39
Your due date is at least 25 days after the close of each billing cycle.
- Capital One Mobile: Use the app to ensure you pay your balances in full each month.
- Phone: Call (800) 227-4825 or the number on the back of your credit card.
- Online: Log in to your Capital One account and select “Make a payment.”
- Nearest Capital One bank: Visit the nearest Capital One branch.
- Mail: Send a check by United States mail using this address:
Capital One
Attn: Payment Processing
PO Box 71083
Charlotte, NC 28772-1083
Overnight
US Postal Service Priority mail usually doesn’t get delivered straight to a payment processing center and may not get processed the next day. To ensure overnight delivery and processing, use an express mail service like FedEx, UPS, or DHL, among others.
: When sending overnight, use this address:
Capital One
Attn: Payment Processing
6125 Lakeview Rd., Ste. 800
Charlotte, NC 28269
Capital One Spark Miles for Business Alternatives
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
BEST FOR:
0% APR for 15 billing cycles
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 19.24% - 28.24%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- $0 annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
- Introducing the U.S. Bank Business Triple Cash Rewards World Elite Mastercard® the card that gives back on all your eligible business needs.
- Earn $500 in cash back. Just spend $4500 on the Account Owner's card in the first 150 days of opening your account.
- Earn 3% cash back on eligible purchases at gas stations and EV charging stations, office supply stores, cell phone service providers and restaurants.
- 1% cash back on all other eligible net purchases.
- Earn 5% cash back on prepaid hotels and car rentals booked directly in the Rewards Center.
- No limit on total cash back earned.
- Rewards never expire.
- Earn an annual $100 statement credit for recurring software subscription expenses such as FreshBooks or quickbooks
- 0% Intro APR on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 19.24% - 28.24%.
- No annual fee.
- Great Offer from U.S. Bank, a 2022 World's Most Ethical Company® - Ethisphere Institute, February 2022
- Terms and conditions apply
- Pay over time by splitting eligible purchases of $100+ into equal monthly payments with U.S. Bank ExtendPay™ Plan.
Pros
- 0% APR applies to both purchases and balance transfers
- Unlimited cash back rewards
- $0 annual fee
Cons
- Balance transfer fee is charged even during the introductory period
- Intro APR doesn’t apply to cash advances
- MasterRental car rental collision damage waiver: When you rent a car using your U.S. Bank credit card, you’re covered in case of accident or theft on all rentals made worldwide. Coverage is primary, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Coverage is capped at $50,000.
- Purchase assurance: U.S. Bank may repair or reimburse for items purchased with your U.S. Bank business credit card that are damaged or stolen within 90 days of purchase. Coverage is limited to $1,000 per loss, up to $25,000 per year, per account. Lost items and items left out of reach that others can see are not covered.
- Extended warranty protection: U.S. Bank will double the manufacturer’s warranty up to an additional one year from the expiration of warranties of five years or less. An item with a six-month warranty would be backed for an additional six months, for example. The issuer will replace the item or reimburse you up to the amount charged on your U.S. Bank card up to $10,000.
When To Consider U.S. Bank Business Triple Cash Rewards World Elite Mastercard®
- You need a long 0% APR period: The U.S. Bank Business Triple Cash Rewards World Elite Mastercard® offers 0% APR on both for the first 15 billing cycles after opening an account—making it viable if you intend to make large purchases or transfer a significant balance to the card.
- You spend for software subscriptions: You’ll receive a $100 annual statement credit for recurring software subscriptions like QuickBooks and FreshBooks.
Other Benefits
- Offers a $500 welcome bonus after spending $4,500 or more within 150 days after opening an account
- Lets you earn up to 5% cash back on your expenses, depending on the spending categories
- Charges $0 annual fee
- Features U.S. Bank ExtendPay® Plan, which allows you to pay eligible purchases over time into equal monthly installments without interest—only a small monthly fee
It is one of our top-recommended business cards with 0% APR and best small business credit cards because of its long interest-free period, ExtendPay® Plan, and lucrative rewards. For more options from the same issuer, see our list of the leading U.S. Bank business credit cards.
Bank of America Business Advantage Travel Rewards World Mastercard®
Bank of America® Business Advantage Travel Rewards World Mastercard® credit card
BEST FOR:
Earning top rewards on travel purchases booked through Bank of America Travel Center
9 billing cycles
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points for every $1 spent on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No limit to the amount of points you can earn and points don't expire as long as your account remains open.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Charges $0 annual and foreign transaction fees
- Offers fixed-rate cash back rewards
- Has no blackout dates
Cons
- Does not offer a 0% introductory period on balance transfers
- Requires excellent credit to qualify
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
9 billing cycles
- Earn 30,000 online bonus points after you make at least $3,000 in purchases in the first 90 days of your account opening which can be redeemed for a $300 statement credit towards travel or dining purchases.
- Earn unlimited 1.5 points for every $1 spent, or join Preferred Rewards for Business for no fee, and earn up to an unlimited 2.62 points for every $1 spent on all purchases if you have a Bank of America® business checking account and qualify for Preferred Rewards for Business Platinum Honors tier.
- No limit to the amount of points you can earn and points don't expire as long as your account remains open.
- No annual fee and no international transaction fees.
- Choose how to redeem points for a statement credit to offset travel and dining purchases, travel with no blackout dates at the Bank of America® Travel Center, for cash back or gift cards.
- 0% Introductory APR on purchases for your first 9 billing cycles. After the intro APR offer ends, a Variable APR that's currently 18.49% to 28.49% will apply.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This offer may not be available if you leave this page or visit our website. You can take advantage of this offer when you apply now.
Pros
- Charges $0 annual and foreign transaction fees
- Offers fixed-rate cash back rewards
- Has no blackout dates
Cons
- Does not offer a 0% introductory period on balance transfers
- Requires excellent credit to qualify
- Bank of America doesn’t disclose details of its additional card features. To find out more about these additional features, review your guide to benefits when you receive your card in the mail.
When To Consider Bank of America Business Advantage Travel Rewards World Mastercard®
- You want a business credit card not reporting to personal credit bureaus: This business credit card helps separate your personal credit to protect your personal credit score. Also, this card can help keep your credit utilization ratio low, which can help maintain your personal credit score strong.
Other Benefits
- Offers 30,000 bonus points when you spend at least $3,000 in purchases in the first 90 days
- Has a 0% introductory period on purchases for the first nine billing cycles
- Lets you earn up to 3x points on purchases
Its ability to separate your personal and business credit scores, offering points rewards, and having an interest-free financing period earned the card a spot in our roundups of the leading business credit cards for travel and best business credit cards that don’t report to personal credit. You can check our list of the top Bank of America business credit cards for more options from the issuing bank.
American Express Business Platinum Card®
The Business Platinum Card® from American Express
BEST FOR:
Gaining access to unrivaled travel rewards and luxury travel perks like airport lounge access
- Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
- 5X Membership Rewards® points on flights and prepaid hotels on AmexTravel.com, and 1X points for each dollar you spend on eligible purchases.
- Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
- Unlock over $1,000 in annual statement credits on a curation of business purchases, including select purchases made with Dell Technologies, Indeed, Adobe, and U.S. wireless service providers.
- $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year for incidental fees charged by your one selected, qualifying airline to your Card.
- $189 CLEAR® Plus Credit: Use your card and get up to $189 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use your Business Platinum Card®.
- The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 03/2023.
- $695 Annual Fee.
- Terms Apply.
Pros
- Premium travel rewards
- Free access to more than 1,300 airport lounges worldwide
- No foreign transaction fees
Cons
- Balance is due in full monthly
- High annual fee
- American Express lounges: Free access to American Express’ network of Centurion lounges located in slightly less than a dozen United States airports.
- Other airport lounges: Priority Pass Select membership, which gets you free access to more than 1,300 lounges worldwide for you and two guests.
- Airport screening: Either a $100 statement credit for Global Entry every four years or an $85 statement credit for TSA PreCheck® once every 4 1/2 years.
- Travel credit: Up to $200 annual statement credit toward air travel expenses like baggage fees and inflight food and drink.
- Rental status: Elite status at a number of car rental agencies.
- Free Wi-Fi: 10 annual free Gogo inflight Wi-Fi passes.
- Rebate for redeemed points: 35% points rebate if you book a business or first-class flight, up to 500,000 bonus points per calendar year.
- Dell statement credit: Up to $400 in statement credits annually for Dell purchases.
- Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
- 5X Membership Rewards® points on flights and prepaid hotels on AmexTravel.com, and 1X points for each dollar you spend on eligible purchases.
- Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
- Unlock over $1,000 in annual statement credits on a curation of business purchases, including select purchases made with Dell Technologies, Indeed, Adobe, and U.S. wireless service providers.
- $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year for incidental fees charged by your one selected, qualifying airline to your Card.
- $189 CLEAR® Plus Credit: Use your card and get up to $189 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use your Business Platinum Card®.
- The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 03/2023.
- $695 Annual Fee.
- Terms Apply.
Pros
- Premium travel rewards
- Free access to more than 1,300 airport lounges worldwide
- No foreign transaction fees
Cons
- Balance is due in full monthly
- High annual fee
- American Express lounges: Free access to American Express’ network of Centurion lounges located in slightly less than a dozen United States airports.
- Other airport lounges: Priority Pass Select membership, which gets you free access to more than 1,300 lounges worldwide for you and two guests.
- Airport screening: Either a $100 statement credit for Global Entry every four years or an $85 statement credit for TSA PreCheck® once every 4 1/2 years.
- Travel credit: Up to $200 annual statement credit toward air travel expenses like baggage fees and inflight food and drink.
- Rental status: Elite status at a number of car rental agencies.
- Free Wi-Fi: 10 annual free Gogo inflight Wi-Fi passes.
- Rebate for redeemed points: 35% points rebate if you book a business or first-class flight, up to 500,000 bonus points per calendar year.
- Dell statement credit: Up to $400 in statement credits annually for Dell purchases.
When To Consider American Express Business Platinum Card®
- You travel frequently and need luxury travel perks: This card offers premium travel perks such as airport lounge access, airline fee credits, and upgraded status for both Marriott BonvoyTM and Hilton Honors.
Other Benefits
- Offers 120,000 Membership Rewards® points after spending $15,000 on eligible purchases within the first three months after opening an account
- Lets you earn up to 5x Membership Rewards® points on selected spending categories
- Charges $695 annual fee
- Has Pay Over Time option—a feature that lets you carry a balance with interest on eligible purchases
Its high introductory bonus, rewards points, and Pay Over Time feature are why it is our leading business credit card with airport lounge access and top-recommended small business credit card. Check out our roundup of the best American Express business credit cards for other options from the issuing bank.
Bottom Line
The Capital One Spark Miles for Business is best for business owners who prefer to earn fixed-rate travel rewards for all business-related purchases for a low annual fee. It’s an ideal fit if you travel for business often because it has no foreign transaction fees and lets you redeem miles for travel. Keep in mind, however, that it doesn’t offer interest-free financing.