| Last updated on March 5th, 2024
Capital One® Spark® Miles Select for Business
Capital One® Spark® Miles Select for Business
Capital One® Spark® Miles Select for Business
- 18.24% - 24.24% variable based on creditworthiness and the Prime Rate Regular Purchase APR
- 18.24% - 24.24% variable based on creditworthiness and the Prime Rate Balance Transfer APR
- 31.99% variable based on the Prime Rate Cash Advance APR
- 0% for 9 months from account opening date Intro Purchase APR
At a Glance
Touting unlimited 1.5X miles earned on every purchase and an introductory 20,000 miles once you spend $3,000 on purchases within the first 3 months from account opening, the Capital One® Spark® Miles Select for Business credit card is a tool that travelers will be thankful for. In fact, travel rewards miles can be redeemed for tickets on any airline, hotel stays, vacation packages, and other qualifying rewards, with no expiration date.
- Best Benefits
- Rates & Fees
- Why Should You Apply?
- Earn unlimited 1.5X miles on every purchase
- No annual fee
- No foreign transaction fee
- Free employee cards that also earn rewards
- Intro Purchase APR: 0% for 9 months from account opening date
- Regular Purchase APR: 18.24% - 24.24% variable based on creditworthiness and the Prime Rate
- Balance Transfer APR: 18.24% - 24.24% variable based on creditworthiness and the Prime Rate
- Cash Advance APR: 31.99% variable based on the Prime Rate
- Cash Advance Transaction Fee: Either $10 or 3% of the amount of each cash advance, whichever is greater
- Penalty APR: 34.4% variable based on the Prime Rate
- Late Payment Penalty Fee: Up to $39
- You are interested in earning an unlimited 1.5X miles on all purchases, every day, without having to worry about specific spending categories
- You want to receive a bonus of 20,000 miles (equal to $200 in travel) once you spend $3,000 on purchases within the first 3 months from account opening
- You plan on traveling quite a bit for work and want to rake in the miles with Capital One
In-Depth Review: Capital One Spark Miles Select for Business
The Capital One Spark Miles Select is a robust business credit card for companies that want streamlined rewards, no-hassle redemption options, and no annual fee or foreign transaction fees.
Who Can Benefit from the Spark Miles Select Card?
The Capital One Spark Miles Select Card is best suited for businesses that frequently spend on travel or other recurring costs. The card provides unlimited 1.5X miles on all purchases made, with no caps on reward earnings and no annual fee. Even better, Capital One issues extra employee cards at no additional cost, meaning businesses can give cards to as many employees as they want – and watch the miles pile up!
Credit Needed
The credit score requirement for the Capital One Spark Miles Select for Business Card is good credit or excellent credit.
How to Earn Miles
Welcome Offer Bonus
One of the biggest appeals of the Capital One Spark Miles Select for Business is its current signup bonus. The card provides the same impressive welcome offer as the Spark Miles for Business, just without the annual fee.
New cardholders can earn 50,000 bonus miles after spending $4,500 on purchases within the first three months (or 90 days) of opening an account.
Earn Unlimited 2X Miles & More
As already mentioned, the Miles Select business card is the $0 annual fee version of the Capital One Spark Miles credit card. As such, the card loses some of the oomph that comes with the $95 annual fee Spark Miles for Business Card, which earns double miles on purchases.
The Capital One Spark Miles for Business Card earns an unlimited 1.5X miles on every purchase made with the card. Companies also earn 5X miles on hotel and rental car bookings through Capital One Travel, with no cap on the total miles you can earn.
How to Redeem Miles
Capital One Rewards miles can be used towards various award options, including cash back, gift cards, or shopping (including using points with Amazon). However, your best bet is likely through travel redemption options.
Travel options include flights, hotels, cruises, and rental cars booked through the Capital One Rewards portal. Cardholders can also use their points towards various award options, including cash back, statement credits, gift cards, or shopping (including using points with Amazon).
Capital One Point Transfer Partners
Rewards also transfer to a variety of Capital One airline and hotel partners. Current Capital One airline and hotel transfer partners are:
| AeroMexico (Club Premier) | British Airways (Executive Club) | EVA Air (Infinity Miles) |
| Air Canada (Aeroplan) | Emirates (Skywards) | Qantas Miles |
| Avianca (LifeMiles) | Etihad Guest | Singapore Airlines (KrisFlyer) |
| Air France/KLM (Flying Blue) | Finnair Plus | TAP (Miles&Go) |
| Cathay Pacific (Asia Miles) | ALL (Accor Live Limitless) | Choice Privileges |
| Turkish Airlines (Miles&Smiles) |
Other Card Benefits
Just as excellent are the cardmember and account protections, with all the traveling that will presumably be done by those with this card, the peace of mind that comes with zero fraud liability if your Spark® Miles Select card is lost or stolen and automatic fraud alerts is equally welcome.
Comparison
| Spark Miles | Spark Miles Select | Ink Business Preferred® | |
|---|---|---|---|
| Issuer | Capital One | Capital One | Chase |
| Annual fee | $95 ($0 for first year) | $0 | $95 |
| Rewards | Earn 5X miles on hotel and rental car bookings through Capital One Travel and 2X on all other purchases | Earn unlimited 1.5X miles on every purchase | 3X on travel, shipping, internet, cable and phone services and advertising purchases made with social media sites and search engines on the first $150,000 in combined purchases each account anniversary. |
| Employee cards | Free | Free | Free |
What We Like About the Card
Solid Rewards
The card offers a flat rate of 1.5X miles per dollar spent on all purchases, making it a great choice for business owners who want to earn miles on their spending1.
No Foreign Transaction Fees
The Spark Miles Select for Business does not charge any foreign transaction fees, making it suitable for international business travel.
Things to Consider
Limited Travel Perks
The Select version of the Spark Miles credit card doesn’t provide the same benefits as the $95 annual fee version of the card. That card provides a $100 credit for Global Entry or TSA Pre✓®./ The Spark Select, however, lacks this benefit.
Capital One Ratings
How does the Capital One rate as a lender? Here is a selection of expert reviews for Capital One and its business credit card products:
| BestCards | Better Business Bureau | TrustPilot |
|
4.5/5 |
2.5/5 |
2.5/5 |
Should You Apply for the Capital One Spark Miles Select for Business?
The Capital One Spark Miles Select credit card is a highly recommended choice for businesses that have a frequent need to travel. What sets this card apart is its ability to earn 1.5X miles on all purchases, not just travel-related ones. This is a significant advantage, as it allows businesses to accumulate miles quickly and easily. Additionally, the card offers an impressive introductory bonus, making it even more appealing for companies looking to maximize their rewards. When it comes to finding a reliable and
Browse Other Card Offers:
Editorial Disclosure – The opinions expressed on BestCards.com's reviews, articles, and all other content on or relating to the website are solely those of the content’s author(s). These opinions do not reflect those of any card issuer or financial institution, and editorial content on our site has not been reviewed or approved by these entities unless noted otherwise. Further, BestCards.com lists credit card offers that are frequently updated with information believed to be accurate to the best of our team's knowledge. However, please review the information provided directly by the credit card issuer or related financial institution for full details.