Capital One® Spark® Miles for Business is an excellent travel credit card with a low annual fee that offers unlimited 2x miles on every business-related purchase. You can redeem these miles for flights, hotels, and vacation packages. This small business credit card also allows you to transfer miles to any of its travel partners.
Capital One® Spark® Miles for Business
BEST FOR:
Unlimited 2x miles with every swipe
- Introductory reward worth $500 in travel after you spend $4,500 within the first three months
- 2x miles per $1 spent
- Issue employee cards for free
Pros
- No foreign transaction fees
- TSA Pre✓® or Global Entry application fee credit
Cons
- You’ll pay an annual fee after the first year
- Doesn’t offer interest-free financing
- Airport security screening reimbursement: Either a $100 statement credit for Global Entry or an $85 statement credit for TSA Pre✓® once every four years.
- Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12 month period.
- Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
- Travel medical emergency assitance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.
- Introductory reward worth $500 in travel after you spend $4,500 within the first three months
- 2x miles per $1 spent
- Issue employee cards for free
Pros
- No foreign transaction fees
- TSA Pre✓® or Global Entry application fee credit
Cons
- You’ll pay an annual fee after the first year
- Doesn’t offer interest-free financing
- Airport security screening reimbursement: Either a $100 statement credit for Global Entry or an $85 statement credit for TSA Pre✓® once every four years.
- Purchase assurance: Most purchases made entirely with your card are covered if damaged or stolen within 90 days from the date of purchase. Coverage is limited to $10,000 per claim and $50,000 per cardholder account per 12 month period.
- Extended warranty coverage: Doubles the original warranty time period and duplicates the coverage of the original manufacturer’s warranty up to a maximum of 12 months on most items you purchase.
- Travel medical emergency assitance: Provide referrals to medical services if you have a medical emergency while traveling. You’re covered if you’re 100 or more miles away from home and from the day you leave until midnight of the 60th day of your trip, or the day you return to your city of residence, whichever is sooner.
Want to compare the features of one card to another? We’ve made it easy for you to do just that! Simply check off up to three cards on this page to add them to your cart. This will allow you to view the details in a side-by-side comparison.
How We Evaluate Travel Rewards Business Credit Cards
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 Capital One® Spark® Miles for Business Is Best For
- Owners who want a fixed-rate rewards card: With Capital One® Spark® Miles for Business, you will earn unlimited 2x miles on all spending, with a low annual fee. This makes it an excellent choice for business owners who don’t want to keep track of bonus category spending.
- Owners who travel for business: This Capital One travel rewards card allows you to use your miles on flights, hotels, vacation packages, and more. You can also transfer your miles to any of Capital One’s 15-plus travel partners.
Capital One® Spark® Miles for Business Fees
- Introductory APR: None
- Ongoing APR: 20.99% variable, which changes with the prime rate
- Annual fee: $95, which is waived the first year
- Balance transfer fee: None
- Foreign transaction fee: None
- Cash advance fee: $10 or 3%, whichever is greater—cash advance APR is 26.99% variable
Capital One® Spark® Miles for Business Rewards
- Unlimited 2x miles on every purchase, with no blackouts or seat restrictions and no minimum miles to redeem
Welcome offer: Earn 50,000 one-time bonus miles when you spend $4,500 on purchases within the first 3 months after opening an account.
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. You can also redeem your rewards as cash back in the form of a statement credit, check by mail, or as 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.
Tip: Your rewards may be worth more in free travel when you transfer to one of Capital One’s partners. You can transfer your miles to select loyalty programs, including Air Canada, JetBlue, AeroMexico, Emirates Skywards, Qantas, and Qatar Airways.
Capital One® Spark® Miles for Business Features
Purchase Security
Your purchased items will be protected against theft or damage within the first 90 days of your purchase. To be eligible, you must charge the entire transaction to your Capital One® Spark® Miles for Business card. This coverage is limited to $10,000 per incident and $50,000 per year. Some purchases, such as animals, living plants, computer software, collectible items, jewelry, medical equipment, perishables, and pre-owned items, are not included with this coverage.
Extended Warranty Protection
Capital one will double the length of the original manufacturer’s warranty up to 1 year for warranties of 3 years or less to a maximum of $10,000 per item and $50,000 per year. Items not covered with this protection include computer software, medical equipment, real estate, pre-owned items, motorized vehicles, leased items, and items purchased for resale.
Travel Accident Insurance
The travel accident insurance is available through Visa® Signature Business Benefits and offers up to $250,000 of coverage for you, your spouse, and unmarried dependent children. It covers accidental loss of life, limb, sight, speech, or hearing while entering, exiting, or riding as a passenger in any licensed common carrier. It does not cover loss resulting from emotional trauma, mental or physical illness, suicide, intentionally self-inflicted injuries, war, and travel between the insured person’s residence and regular place of employment.
Lost Baggage Reimbursement
The lost luggage reimbursement is part of Visa® Signature Business Benefits, which protects your checked luggage or carry-on baggage against theft or misdirection by the common carrier. Capital One® Spark® Miles for Business lost luggage reimbursement covers the value of your checked or carry-on baggage up to $3,000 per trip. New York residents will only have coverage up to $2,000.
Auto Rental Collision Damage Waiver
Capital One® Spark® Miles for Business protects you from rental vehicle damage due to collision or theft. This is primary coverage as long as the car rental is for business purposes, which means you won’t need to use your personal auto insurance or accept the insurance offered by the rental agency. Capital One may reimburse you up to the cash value of the car. Rentals of 31 consecutive days or less are eligible.
Travel and Emergency Assistance Services
Capital One® Spark® Miles for Business account holders will have access to a 24-hour hotline that offers travel, emergency, medical, and legal assistance. Any immediate family members or business associates can also benefit from this perk. The number is free to call, but you are responsible for any fees assessed by third-party service providers.
Price Protection Plan
Capital One’s price protection plan can help you save money on products you’ve purchased using your Capital One® Spark® Miles for Business card. If you see a previously purchased item listed at a lower price in another merchant’s printed advertisement within 60 days, you can receive a refund of the difference from Capital One. The refund amount is limited to $500 per item and $2,500 per account.
Account & Business Management
Capital One offers accounts and business management features, including payment flexibility (where you can pick your desired monthly due date) and the ability to set up automatic payments. It also provides transaction details that allow you to view merchant information when available, as well as recurring transactions so you can see the list of merchants that charge your business card monthly. Capital One also allows you to download your purchase records and provides an itemized report of your annual spending to simplify budgeting and tax time.
Pros & Cons of Capital One® Spark® Miles for Business
Pros of Capital One® Spark® Miles for Business
- No foreign transaction fees: Capital One® Spark® Miles for Business is an excellent option for business owners who frequently travel because it doesn’t charge foreign transaction fees for purchases made outside of the United States.
- TSA Pre✓® or Global Entry application fee credit: Another benefit of Capital One® Spark® Miles for Business is that it offers up to $100 credit for Global Entry or TSA Pre✓® when you use your credit card to pay for the application fee.
Cons of Capital One® Spark® Miles for Business
- You’ll pay an annual fee after the first year: Capital One® Spark® Miles for Business offers zero annual fee only for the first year; however, you will be charged with $95 annual fee after 12 months. There are other business credit cards that allow you to earn rewards with no annual fee.
- Doesn’t offer interest-free financing: Unlike other business credit cards that offer 0% introductory APR, Capital One® Spark® Miles for Business doesn’t offer interest-free financing even for a short promotional period. You need to pay your balance in full every month to avoid interest charges.
Capital One® Spark® Miles for Business Alternatives
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.
- Plus, 0% Intro APR for 12 months from the date of the account opening on purchases eligible for Pay Over Time. After that, your APR will be 14.24% to 22.24% based on your credit worthiness and other factors as determined at the time of account opening.
- Get 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 on eligible purchases 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 value per year for statement credits on select purchases with your Card, including up to $400 with Dell Technologies, up to $360 with Indeed, up to $150 with Adobe and up to $120 on wireless telephone purchases. Enrollment required.
- $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year toward baggage fees and more at one qualifying airline.
- $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
- The American Express Global Lounge Collection® can provide an escape at the airport. With more than 1,400 airport lounges across 140 countries and counting, you have more lounge location options than any other credit card on the market as of 9/2021.
- $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 $85 statement credit for TSA Pre✓® 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.
- Plus, 0% Intro APR for 12 months from the date of the account opening on purchases eligible for Pay Over Time. After that, your APR will be 14.24% to 22.24% based on your credit worthiness and other factors as determined at the time of account opening.
- Get 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 on eligible purchases 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 value per year for statement credits on select purchases with your Card, including up to $400 with Dell Technologies, up to $360 with Indeed, up to $150 with Adobe and up to $120 on wireless telephone purchases. Enrollment required.
- $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year toward baggage fees and more at one qualifying airline.
- $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
- The American Express Global Lounge Collection® can provide an escape at the airport. With more than 1,400 airport lounges across 140 countries and counting, you have more lounge location options than any other credit card on the market as of 9/2021.
- $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 $85 statement credit for TSA Pre✓® 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.
The American Express Business Platinum Card® is a cash card and will be an excellent option if you can pay your balance in full every month. It allows you to earn premium rewards on flights and prepaid hotels on amextravel.com. This business credit card is also great for business owners who often travel and want to enjoy luxury travel perks.
Chase Ink Business PreferredSM Credit Card
Ink Business Preferred® Credit Card
BEST FOR:
Maximizing travel rewards at a lower annual fee
- New Offer! Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
- Earn 1 point per $1 on all other purchases - with no limit to the amount you can earn
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
- Redeem points for travel, cash back, gift cards and more - your points don't expire as long as your account is open
- No foreign transaction fees
- Employee cards at no additional cost
- $95 Annual Fee
Pros
- Opportunity to boost the value of reward points
- Offers cellphone protection and trip cancellation insurance
Cons
- Does not offer an interest-free financing period
- Charges an annual fee
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad.
- Cellphone protection: You and the employees named on the phone bill you pay for with your card are covered for up to $600 in theft or damages per claim. You are limited to three claims per 12-month period, with a $100 deductible per claim.
- Trip cancellation and delay insurance: If your trip is canceled, you can be compensated up to $15,000 for prepaid expenses such as airfare or hotels. If your trip is delayed for 12 hours or more, you can be reimbursed up to $500 for your hotel room, meals, and transportation.
- New Offer! Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,250 toward travel when redeemed through Chase Ultimate Rewards®
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
- Earn 1 point per $1 on all other purchases - with no limit to the amount you can earn
- Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
- Redeem points for travel, cash back, gift cards and more - your points don't expire as long as your account is open
- No foreign transaction fees
- Employee cards at no additional cost
- $95 Annual Fee
Pros
- Opportunity to boost the value of reward points
- Offers cellphone protection and trip cancellation insurance
Cons
- Does not offer an interest-free financing period
- Charges an annual fee
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad.
- Cellphone protection: You and the employees named on the phone bill you pay for with your card are covered for up to $600 in theft or damages per claim. You are limited to three claims per 12-month period, with a $100 deductible per claim.
- Trip cancellation and delay insurance: If your trip is canceled, you can be compensated up to $15,000 for prepaid expenses such as airfare or hotels. If your trip is delayed for 12 hours or more, you can be reimbursed up to $500 for your hotel room, meals, and transportation.
Business owners who have significant expenses on travel, as well as those who spend for advertising on social media sites, should consider getting a Chase Ink Business PreferredSM credit card to maximize their rewards. Chase Ink Business PreferredSM is also great for frequent travelers because it allows you to boost the value of reward points when you redeem for travel through Chase Ultimate Rewards®.
American Express® Business Gold Card
American Express® Business Gold Card
BEST FOR:
Maximizing rewards in the two categories where you spend the most
- Welcome Offer: Earn 70,000 Membership Rewards® points after you spend $10,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.*
- MORE REWARDS: Get 4X Membership Rewards® points on the 2 select categories where your business spent the most each month. 1X is earned for other purchases. **
- **4X points apply to the first $150,000 in combined purchases from these 2 categories each calendar year.*
- AIRLINE BONUS: Get 25% points back after you use points for all or part of an eligible flight booked with Amex Travel, up to 250,000 points back per calendar year.*
- PAY OVER TIME OPTION: Decide whether you want to pay eligible purchases in full each month—or pay over time with interest.*
- *Terms Apply
Pros
- Earn 4x points in two categories every month
- Pay eligible charges over time with interest, or pay your balance in full monthly
Cons
- You’ll pay a high annual fee of $295
- No interest-free financing opportunities
- Premium roadside assistance: Free of charge up to four times a year. You can receive towing up to 10 miles, winching, jump starts, flat tire change, lockout service when the key is in the vehicle, and delivery of up to two gallons of gas
- Return protection: American Express will refund you for eligible purchases when the store doesn’t accept returns of undamaged items. Coverage is limited to 90 days from purchase, up to $300 per item, and up to a maximum of $1,000 per year.
- Baggage insurance: If your baggage is lost, damaged, or stolen, you’re eligible for coverage of up to $1,250 for carry-on luggage and $500 for checked bags
- Extended warranty: Receive one additional year of coverage on purchases with eligible warranties of five years or less
- Purchase protection: Covers new purchases against damage or theft within 90 days of purchase. Coverage is limited to $1,000 per incident.
- Welcome Offer: Earn 70,000 Membership Rewards® points after you spend $10,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.*
- MORE REWARDS: Get 4X Membership Rewards® points on the 2 select categories where your business spent the most each month. 1X is earned for other purchases. **
- **4X points apply to the first $150,000 in combined purchases from these 2 categories each calendar year.*
- AIRLINE BONUS: Get 25% points back after you use points for all or part of an eligible flight booked with Amex Travel, up to 250,000 points back per calendar year.*
- PAY OVER TIME OPTION: Decide whether you want to pay eligible purchases in full each month—or pay over time with interest.*
- *Terms Apply
Pros
- Earn 4x points in two categories every month
- Pay eligible charges over time with interest, or pay your balance in full monthly
Cons
- You’ll pay a high annual fee of $295
- No interest-free financing opportunities
- Premium roadside assistance: Free of charge up to four times a year. You can receive towing up to 10 miles, winching, jump starts, flat tire change, lockout service when the key is in the vehicle, and delivery of up to two gallons of gas
- Return protection: American Express will refund you for eligible purchases when the store doesn’t accept returns of undamaged items. Coverage is limited to 90 days from purchase, up to $300 per item, and up to a maximum of $1,000 per year.
- Baggage insurance: If your baggage is lost, damaged, or stolen, you’re eligible for coverage of up to $1,250 for carry-on luggage and $500 for checked bags
- Extended warranty: Receive one additional year of coverage on purchases with eligible warranties of five years or less
- Purchase protection: Covers new purchases against damage or theft within 90 days of purchase. Coverage is limited to $1,000 per incident.
American Express® Business Gold Card allows you to maximize your rewards on the two where your business spends the most. This business credit card is also a great option if you can spend at least $10,000 on eligible purchases within the first three months of card membership as it offers 70,000 rewards points as an introductory bonus.
Bottom Line
The Capital One® Spark® Miles for Business is best for business owners who prefer to earn fixed-rate, miles-based rewards for all business-related purchases at a low annual fee. This card may be an ideal fit if you travel for business often. If this isn’t what you’re looking for, check out our list of the top credit cards to find other cards that may be a better fit.
