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Capital One Introduces Venture Business and VentureOne Business Cards

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Nick Ellis
Updated: 
Edited by: McKay Moffitt
& Ben Neighbors-Giles
Capital One Introduces Venture Business and VentureOne Business Cards
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Capital One has closed the Capital One Spark Miles for BusinessInformation collected independently. Not reviewed by Capital One. and Capital One Spark Miles Select for BusinessInformation collected independently. Not reviewed by Capital One. to new applicants.

However, fans of these cards shouldn’t panic. Capital One has introduced 2 new cards: the Capital One Venture Business CardInformation collected independently. Not reviewed by Capital One. and the Capital One VentureOne Business CardInformation collected independently. Not reviewed by Capital One., which may offer improved value depending on your business’s needs. Here’s a closer look at the details of these new cards.

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New Capital One Venture Business Card

The new Capital One Venture Business card has replaced the Capital One Spark Miles card. The new card, which has a $95 annual fee, has a similar structure with a few added perks. However, the annual fee is no longer waived for the first year.

Capital One Venture Business Card
The new Capital One Venture Business card. Image Credit: Capital One

Some of the new perks and benefits on the Capital One Venture Business card include:

  • An annual $50 credit for bookings made through Capital One Business Travel
  • Up to $50 in statement credits annually for advertising or software purchases

The new card carries over some of the former card’s features, including:

  • Unlimited 5x miles on hotels, vacation rentals, and rental cars booked through Capital One Business Travel
  • Unlimited 2x miles on all other purchases
  • Up to $120 statement credit for Global Entry or TSA PreCheck

At the time of launch, the Capital One Venture Business card’s welcome bonus for new applicants was as follows:

  • Earn up to 150,000 bonus Capital One miles: 75,000 bonus miles after spending $7,500 in the first 3 months, plus an additional 75,000 bonus miles after spending $30,000 in the first 6 months.

The current welcome offer for the Capital One Venture Business card is: Earn 100,000 miles once you spend $10,000 on purchases within the first 3 months from account opening.

New Capital One VentureOne Business Card

The new Capital One VentureOne Business card replaces the Capital One Spark Miles Select card. It has no annual fee and offers a simple but rewarding earnings structure. Cardholders earn:

  • Unlimited 5x miles on hotels, vacation rentals, and rental cars booked through Capital One Business Travel
  • Unlimited 1.5x miles on all other purchases

New cardholders can earn 50,000 bonus miles after spending $4,500 within the first 3 months.

Hot Tip:

Learn more about the Capital One miles program, including how to earn and redeem Capital One miles for maximum value.

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Final Thoughts

Capital One has introduced 2 new business cards — the Capital One Venture Business card and the Capital One VentureOne Business card — to replace the Capital One Spark Miles card and the Capital One Spark Miles Select card.

While many of the core features remain the same, the Capital One Venture Business card adds a few extra perks that may make it a more appealing option for business owners.

Featured Image Credit: Isabelle Ohara via Shutterstock
Nick Ellis's image

About Nick Ellis

Nick’s passion for points began as a hobby and became a career. He worked for over 5 years at The Points Guy and has contributed to Business Insider and CNN. He has 14 credit cards and continues to leverage the perks of each.

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