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Capital One Spark Miles for Business — Full Review [2023]

Name: Capital One Spark Miles for Business — Full Review [2023]
Item: Capital One Spark Miles for Business
Rating: 4.25
Author: Jarrod West

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"Earn unlimited 2x miles on every purchase"

The Capital One Spark Miles card is a low-annual-fee business card that earns 2x transferable miles on every $1 you spend.

Learn More (at our partner's secure site)

Jarrod West

- Updated: May 20, 2023, 1:58pm CDT|

4Comments

The Capital One Spark Miles for Business is a great option for business owners looking for an uncomplicated rewards card that earns double miles on every purchase they make and offers access to transfer partners, all for a low annual fee.

Pros

Unlimited 2x miles per $1 spent on all purchases
5x miles per $1 spent on hotel and rental cars purchased through Capital One Travel
2 complimentary visits to a Capital One Lounge per year
Up to a $100 Global Entry or TSA PreCheck credit
Access to Capital One transfer partners
No foreign transaction fees
Free employee cards
Extended warranty coverage

Cons

Annual fee of

Capital One Spark Miles Card — Snapshot

Welcome Bonus & Info (Partner Content)
- Earn a one-time bonus of 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening
- Earn unlimited 2X miles per dollar on every purchase, everywhere, no limits or category restrictions, and miles won’t expire for the life of the account
- Unlimited 5X miles on hotels and rental cars booked through Capital One Travel
- Transfer your miles to 15+ travel loyalty programs
- Redeem your miles instantly for any travel-related purchases, from flights and hotels to ride-sharing services
- Fly through security with one statement credit for either the $85 TSA PreCheck® application fee or the $100 Global Entry application fee
- $0 intro annual fee for the first year; $95 after that
- Free employee cards which also earn unlimited 2X miles from their purchases
Card Categories:
- Credit Card Reviews
- Best Business Credit Cards
Rewards Center
Capital One Miles
Related Articles

Great Card If

You want a card that doesn’t require you to worry about bonus categories
You want a card with access to transfer partners
You prefer a card with a low annual fee

Don't Get If

You want a card that offers premium perks and more travel protections
You have high expenses in a certain category and want a card that will maximize those purchases

Capital One Spark Miles card — Fees

Foreign Transaction Fees
None
Interest Rates
- 25.74% Variable
Late fees
- Up to $39
- Penalty APR: 34.15% Variable
Balance Transfers
- 25.74% Variable
Cash Advance APR
- 31.74%.Variable
- Fee: 3% of the amount of the cash advance, but not less than $3.

Capital One Spark Miles Card - Is It Worth It?

If you’re a business owner looking for a card that earns transferable rewards, is a great option for all purchases, and doesn’t have a high annual fee, then the Capital One Spark Miles card could be very worth it for you.

Additionally, the card includes benefits like 2 annual visits to Capital One Lounges or Plaza Premium Lounges, a Global Entry or TSA PreCheck credit, no foreign transaction fees, and more.

Capital One Spark Miles Card Top Benefits

Capital One Lounge or Plaza Premium Lounge Visits

Like other card issuers, Capital One offers an airport lounge network called Capital One Lounges. Currently, there aren’t many locations, but Capital One is working to expand quickly. Thanks to your Capital One Spark Miles card, you’ll be able to visit a Capital One Lounge or Plaza Premium Lounge 2 times each year free of charge.

Global Entry or TSA PreCheck Credit

If you hate waiting in line at the airport, having Global Entry and/or TSA PreCheck is hugely beneficial in getting you through lines much faster.

If you’re not sure of how these 2 programs differ, TSA PreCheck offers expedited airport screening at U.S. airports, while Global Entry provides an expedited Immigration and Customs experience when entering the U.S. from abroad.

If both sound great, fortunately, you don’t have to decide between them as those who apply and are approved for Global Entry also receive TSA PreCheck, and the $100 application fee is covered every 4 years with your Capital One Spark Miles card.

Extended Warranty Coverage

When you purchase products with your card, you’ll receive 1 year of additional warranty coverage on manufacturer’s warranties of 3 years or less.

Best Ways To Earn and Redeem Your Capital One Miles

In our view, Capital One Miles are one of the most valuable travel rewards currencies thanks to their flexibility and transferability. They can help you both offset virtually any travel purchase you can make and help you book luxury travel experiences for a fraction of the standard cost. You’ll definitely want to learn all of the ways to earn Capital One miles so that you can build up as large of a balance as possible.

Building up your miles balance is only half the battle, though, and while you’ll have plenty of options when it comes to redeeming your miles, some can offer you significantly more value than others. To help steer you in the right direction, read through our guide on the best ways to redeem Capital One miles.

Alternative Cards to the Capital One Spark Miles Card

Ink Business Preferred® Credit Card

For the same $95 annual fee, the Ink Business Preferred card might be better suited for you if you’re looking for a card that offers a variety of bonus categories.

It offers 3x points per $1 spent on up to $150,000 in combined purchases on internet, cable and phone services, shipping expenses, travel, and ads purchased with search engines or social media sites.

Plus, it still earns flexible rewards with access to transfer partners and includes perks like cell phone protection, rental car insurance, purchase protection, trip cancellation insurance, and more.

The Blue Business® Plus Credit Card from American Express

If you really like the idea of earning 2x points per $1 spent on all purchases so that you don’t need to worry about bonus categories, the Amex Blue Business Plus card offers this, too, but without an annual fee.

The drawback is that the 2x points are limited to the first $50,000 in spend each year, and you’ll earn 1x point per $1 spent thereafter, so you’ll want to take the annual spend of your business under consideration.

For rates and fees of The Blue Business® Plus Credit Card from American Express, click here.

Featured Image Credit: Capital One

Frequently asked questions

Is the Capital One Spark Miles card worth it?

If you're a business owner who wants a card that earns an uncapped 2x miles per $1 on all purchases, earns transferable rewards, and has a low annual fee, then, yes, the Capital One Spark Miles card would be a great option for you.

Does the Capital One Spark Miles card have lounge access?

Yes, the Capital One Spark Miles card offers 2 complimentary visits to Capital One Lounges or Plaza Premium Lounges each year.

Does the Capital One Spark Miles card have an annual fee?

Yes, the Capital One Spark Miles card has an annual fee of .

Does the Capital One Spark Miles card have transfer partners?

Yes, the Capital One Spark Miles card has access to nearly 20 travel transfer partners.

What are Capital One Miles worth?

At Upgraded Points, we value Capital One miles at 1.8 cents apiece due to their flexibility and ability to be transferred to nearly 20 different partners.

Your valuation of Capital One Miles may differ based on how you choose to redeem them.

Does the Capital One Spark Miles card have foreign transaction fees?

No, the Capital One Spark Miles card does not charge foreign transaction fees.

About Jarrod West

Jarrod has been writing about the ins and outs of credit cards and loyalty programs, along with airlines and hotels, for over 6 years. He is regularly called upon to share his expertise on the latest news within the space, and has been featured in publications such as The New York Times, RetailMeNot, and Yahoo! Finance. Jarrod has over 20 credit cards in his wallet and has tested out dozens more in order to vet the very best card options for readers. As he is constantly sampling new cards, Jarrod also earns (and redeems) over 1 million points and miles each year. This allows him to book luxury travel experiences the world over, and save tens of thousands of dollars in the process.

Shannon December 30, 2022
Can you use the points on any airline?
- Jarrod West December 30, 2022
  Hi Shannon,
  You can use your Capital One miles on any airline when booking through the Capital One Travel Portal.
Linda Macmillan March 9, 2023
I have a capital one spark business card. Can I access the lounge? I will be traveling through Newark airport.
- Jarrod West March 10, 2023
  Hi Linda,
  The Capital One Spark Miles business card only offers lounge access to Capital One lounges twice a year, which is currently only available at the Dallas-Fort Worth airport and not at Newark. Thanks for reading!

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