Capital One Spark Miles Business Card Review

Deals Points is part of an affiliate sales network and receives compensation for sending traffic to partner sites. Opinions and recommendations are ours alone. Terms apply to the offers. See our Advertising Disclosure for more information.

The Capital One Spark Miles for Business is designed for small business owners who want high rewards on every purchase with 2x miles on everyday purchases and 5x miles for hotels and rental cards booked via Capital One Travel.

This credit card review will cover everything you need to know about this card to determine if you should add this card or a different card to your wallet. Let’s dive right in.

2x Miles on All Purchases
Capital One Spark Miles for Business
  • bonus_miles_full
  • Unlimited 5X miles on hotels and rental cars booked through Capital One Travel
  • 2x Miles On Every Purchase
  • Global Entry or TSA PreCheck Credit
  • No Foreign Transaction Fees
  • $0 Intro Annual Fee for the First Year, $95 Thereafter
  • Free employee cards which also earn unlimited 2X miles from their purchases
Learn More

Welcome Bonus of Capital One Spark Miles

The Spark Miles currently offers the following welcome bonus:

bonus_miles_full

Earning Miles with Capital One Spark Miles

The Spark Miles  has a simple earning structure of:

  • 5 miles per dollar on hotels and rental cars booked through Capital One Travel.
  • 2 miles per dollar on every purchase, everywhere.

There is no limit to the miles you can earn, and the miles won’t expire for the life of the account.

Annual Fee of Capital One Spark Miles

The Spark Miles has a $0 intro annual fee for the first year; $95 after that.

This allows you to try the card out risk-free to see if the extra points and benefits are worth the reasonable annual fee.

Benefits of Capital One Spark Miles

The Capital One Spark Miles Credit Card offers the following benefits:

Global Entry / TSA PreCheck Credit: This card offers a credit for TSA PreCheck (expedited airport security) or Global Entry (expedited airport security and customs).

No Foreign Transaction Fees: You can make international purchases with your card without paying an extra fee of around 3%.

Primary Rental Car Insurance steps in as the primary coverage for any damage or theft of a rental vehicle paid for with this card without needing to use your own auto insurance.

Extended Warranty coverage adds up to an additional year of coverage for eligible purchases on manufacturer’s warranties up to 3 years.

Purchase Protection covers eligible purchases against accidental damage or theft for up to 90 days for purchases this card.

How to Redeem Miles

There are several ways to redeem Capital One miles. The easiest way is to redeem miles for one cent per mile towards the cost of a travel purchase or for gift cards.

But for the most value, you will want to convert Capital One miles to airline or hotel points at the partners listed below.

My favorite programs are:

  • Turkish Miles & Smiles: Fly to Hawaii on United Airlines for just 7,500 miles one-way.
  • British Airways: Book short-haul flight on American Airlines.
  • Avianca LifeMiles: A quirky program with great options to fly to Europe in business class.
  • Air France Flying Blue: You can score some great deals in their monthly promo rewards including very cheap economy flights to Europe.

AEROMEXICO LOGO AeroMexico Air Canada Air Canada (Aeroplan)
Air France Air France (Flying Blue) Avianca Avianca (LifeMiles)
British Airways British Airways Cathay Pacific Cathay Pacific (Asia Miles)
Emirates logo Emirates Etihad Etihad
EVA Air EVA Finnair logo Finnair
Qantas Logo Qantas Singapore Airlines Singapore (KrisFlyer)
TAP Portugal TAP Portugal Turkish Airlines logo Turkish Airlines
Virgin Atlantic logo Virgin Red Accor Hotel Logo Accor (2:1)
Choice Logo Choice Hotels Wyndham Logo Wyndham Rewards

Pros & Cons

Here’s a quick overview of this card’s advantages and disadvantages:

Pros:

  • Annual fee is waived for the first year
  • Simple rewards rate
  • Statement credits for Global Entry or TSA PreCheck
  • Flexible redemption options

Cons:

  • No bonus categories
  • Some similar business cards have higher welcome bonuses

Alternatives to the Spark Miles

Now that you know about the pros and cons of this card and its benefits, it’s time to review the alternatives.

Or, if you are like me, who loves to maximize my rewards, here are other cards you should add to your wallet in addition to this card: 

2x Points on Everyday Spending
The Blue Business® Plus Credit Card from American Express
  • bonus_miles_full
  • Potential Higher Bonus via Special Offer.
  • 2 Points Per Dollar on the First $50,000 in Purchases Each Calendar Year (1x Points thereafter)
  • 0.0% Intro APR on purchases for the first 12 months. After that, reg_apr,reg_apr_type APR. APRs will not exceed 29.99%
  • No Annual Fee (rates & fees)
Learn More Our Review
American Express is a Deals Points Advertiser; Terms Apply

The Blue Business® Plus Credit Card from American Express (review) is one of my favorite cards because it has no annual fee and earns 2x Membership Rewards points on the first $50,000 in purchases every year. After that, you will earn 1 point on all other eligible purchases.

You can transfer Membership Rewards to 18 airlines and three hotel points programs, with several great sweet spots to travel in business class to anywhere in the world.

I put all of my everyday business spending on my Blue Business Plus because it is a quick way to rack up points for my next trip.

2% Back
Capital One Spark Cash Plus
  • Earn bonus_miles_full.
  • 5% Back on Hotels and Rental Cars Booked Via Capital One Travel
  • 2% Cash Back on All Purchases
  • Extended Warranty & No Foreign Transaction Fees
  • $150 Annual Fee
Learn More Our Review

The Capital One Spark Cash Plus (review) is great for businesses that spend a lot each year. 

The card earns 2% cash back on all purchases and comes with no preset spending limit so that it can adapt to your needs based on your spending behavior, payment history, and credit profile.

The card also earns unlimited 5% cash back on hotels and rental cars booked through Capital One Travel.

Ink Business Preferred® Credit Card
  • bonus_miles_full
  • 3X Points on Travel, Shipping, Advertising (Social Media and Search Engines), Internet, Cable, and Phone on the First $150,000 Each Account Year
  • 25% Additional Points Value in Travel Redemption
  • Primary Rental Car Insurance
  • Trip Cancellation/Interruption Insurance
  • Cell Phone Protection
  • Purchase Protection and Extended Warranty
  • No Foreign Transaction Fees
  • $95 Annual Fee

Click Here to Learn How to Apply

The Ink Business Preferred® Credit Card (review)  is an excellent choice for business owners looking for a card that offers valuable rewards and benefits.

With this card, you’ll earn:

  • 3 points per $1 spent on travel, shipping purchases, internet, cable, phone services, and advertising purchases made with social media sites and search engines (up to $150,000 in combined purchases per account anniversary year).
  • 1 point per $1 spent on all other purchases, with no limit on the number of points you can earn.

Beyond the rewards, the Ink Business Preferred provides valuable benefits, including:

  • Primary rental car insurance (when renting for business purposes).
  • Cell phone protection (up to $600 per claim against theft or damage, with a maximum of three claims per year and a $100 deductible per claim).
  • Purchase and extended warranty protection.

Is The Capital One Spark Miles Worth It?

The Spark Miles is obviously for business owners who don’t want to deal with complicated rewards categories and for those whose expenses are almost evenly spread out.

However, if most of your expenses are focused on a few specific categories, like gas and phone services, you’re better off with another card that earns higher points.

To choose the best credit card for your business, check which expenses you spend money on the most and look for a credit card that offers the highest rewards on these expenses.

2x Miles on All Purchases
Capital One Spark Miles for Business
  • bonus_miles_full
  • Unlimited 5X miles on hotels and rental cars booked through Capital One Travel
  • 2x Miles On Every Purchase
  • Global Entry or TSA PreCheck Credit
  • No Foreign Transaction Fees
  • $0 Intro Annual Fee for the First Year, $95 Thereafter
  • Free employee cards which also earn unlimited 2X miles from their purchases
Learn More

Top offers from our partners
Companion Pass through 2/28/25 + 30,000 Points!
Terms Apply
75,000 Bonus Miles
Terms Apply
World of Hyatt Credit Card Business
Up to 75,000 Bonus Points
Terms Apply
100,000 Bonus Points
Terms Apply

Become a Better Traveler

Stay up to date with our Daily Points newsletter covering all the miles, points, travel, and deals news.