Capital One Spark Miles for Business overview
The Capital One Spark Miles for Business is a solid business credit card, offering double miles across every purchase. Miles can be transferred to any of Capital One’s 15-plus partners, and you’ll pay a low annual fee of $95 ($0 introductory annual fee for the first year). Card Rating*: ⭐⭐⭐⭐
*Card rating is based on the opinion of TPG’s editors and is not influenced by the card issuer.
If your small business involves travel or you want to provide travel perks to yourself or your employees by using the miles earned on business spending, the Capital One Spark Miles for Business can offer a lot of value.
TPG recommends a credit score of 670 to increase your chances of getting approved.
Here’s what you need to know about the Capital One Spark Miles for Business before applying.
Spark Miles For Business pros and cons
| Pros | Cons |
|---|---|
| <ul> <li>Access to Capital One transfer partners</li> <li>Earns 2 miles per dollar on all purchases</li> <li>No annual fee in the first year</li> </ul> |
<ul> <li>Has an annual fee after the first year</li> <li>No bonus category earnings outside of Capital One’s travel booking site</li> </ul> |
Spark Miles For Business welcome offer
The Spark Miles for Business is currently offering a welcome bonus of 50,000 bonus miles after spending $4,500 on purchases in the first three months of account opening.
You can easily redeem your miles for a fixed value of 1 cent each, in which case the 50,000-mile bonus would be worth $500 toward travel. But TPG’s September 2025 valuations place the value of Capital One miles at 1.85 cents, which makes 50,000 miles worth $925.
Depending on which transfer partners you use and whether a transfer bonus is available when you redeem your miles, you might also be able to get even more value.
Related: Step-by-step: How to complete a Capital One business credit card application
Spark Miles For Business benefits
The Spark Miles for Business doesn’t offer as many benefits as some pricier business cards, but it still offers solid perks for a card with a sub-$100 annual fee product.
One useful perk is an up to $120 statement credit every four years for a Global Entry or TSA PreCheck application fee. Both programs can make travel easier, and you only need to pay the application fee with your Spark Miles card for the credit to trigger (typically within 2 billing cycles).
If you already have memberships with these programs, you can use the credit for an employee instead.
When you use your Spark Miles for Business card to buy eligible items, you’ll receive extended warranty protection in addition to the following benefits that may be particularly useful for small businesses:
- Account and business management tools: Pick your own monthly due date, set up auto-pay and download year-end itemized spending reports.
- Ability to assign an employee as an account manager: This employee can then make purchases and payments and review transactions.
- Hertz Five Star status: Receive status with Hertz, skip the counter and select locations and choose from a wider selection of rental cars.*
- No fee employee cards: Add employees as authorized users and set spending limits for their cards.
- No foreign transaction fees: Make purchases overseas without accumulating extra charges just because you’re out of the country.
*Upon enrollment, accessible through the Capital One website or mobile app, eligible cardholders will remain at that status level through the duration of the offer. Please note, enrolling through the normal Hertz Gold Plus Rewards enrollment process (e.g. at Hertz.com) will not automatically detect a cardholder as being eligible for the program and cardholders will not be automatically upgraded to the applicable status tier. Additional terms apply.
Related: 5 lesser-known perks of the Capital One Spark Miles for Business
Earning miles on the Spark Miles For Business
The beauty of the Spark Miles for Business is its straightforward earning structure. You’ll earn 2 miles for every dollar spent with no annual cap, plus 5 miles per dollar spent on hotels, vacation rentals and rental cars booked through Capital One Travel.
Although it keeps things simple, the lack of extra bonus categories means that there are more rewarding options for business-specific spending, such as office supplies.
Related: These are the Capital One credit cards that earn transferable miles
Redeeming miles on the Spark Miles For Business
You can redeem your miles with Capital One’s 15-plus transfer partners to elevate your business travel.
Take TPG contributing editor Matt Moffitt, who leverages Capital One’s transfer partners for redemptions, such as Lufthansa first-class award seats between the U.S. and Europe for 116,000 Capital One miles when booking through Avianca LifeMiles.
Transferring your miles will get you the most bang for your buck, but if you’re after simplicity, you could redeem your miles at a fixed value of 1 cent apiece toward travel purchases. You can use your miles when booking new travel through Capital One, or you can use your miles to pay for any eligible, recent travel purchase you’ve made with the card.
Related: Redeeming Capital One miles for maximum value
Which cards compete with the Spark Miles For Business?
Since Capital One miles can be transferred to airline and hotel partners, the Spark Miles for Business is comparable to other cards that earn transferable currencies.
- If you prefer American Express: The Blue Business® Plus Credit Card From American Express doesn’t have an annual fee (see rates and fees) and earns 2 points per dollar spent on purchases (up to $50,000 per calendar year, then 1 point per dollar). Keep in mind that this card isn’t ideal for purchases made abroad since it charges a 2.7% fee on foreign transactions (see rates and fees). To learn more, read our full review of the Blue Business Plus.
- If you prefer Chase: The closest competitor would be the Ink Business Unlimited® Credit Card (see rates and fees). The card earns 1.5% cash back on purchases, but you can convert these earnings to Ultimate Rewards points if you also have a premium Chase card. To learn more, read our full review of the Ink Business Unlimited.
- If you don’t want an annual fee: Consider the Capital One Spark Miles Select for Business. This card earns 1.5 miles per dollar spent on all purchases and carries similar benefits the the Spark Miles for Business, including no foreign transaction fees, but doesn’t charge an annual fee. To learn more, read our full review of the Spark Miles Select for Business.
The information for the Capital One Spark Miles Select for Business has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.
For additional options, check out our full list of the best travel cards.
Related: Your guide to the Chase Ink Business credit cards
Is the Spark Miles for Business worth it?
If you’re looking for simplicity, the Spark Miles for Business may be a good card for all your business spending since it earns a flat reward rate across all purchases (unless you reserve travel via Capital One Travel, in which case you earn a higher reward rate). But even if you already have one or more cards that earn bonus miles in certain categories, the Spark Miles for Business may be able to boost your earnings on purchases that don’t fall into your current bonus categories.
Bottom line
The Spark Miles for Business is a decent card for business owners and managers who don’t want to track bonus categories and want a simple way to track expenses all for an affordable annual fee.
Learn more: Capital One Spark Miles for Business
For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
For rates and fees of the Blue Business Plus Card, click here.
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.
