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New Capital One Spark Travel Elite Card [250,000-Mile Welcome Bonus!]

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Jarrod West
Updated: 
New Capital One Spark Travel Elite Card [250,000-Mile Welcome Bonus!]
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We may be compensated when you click on a link, when an application is approved, or when an account is opened from one or more of our advertising partners. Terms apply to the offers below. See our Advertising Policy for more about our partners, how we make money, and our rating methodology. Opinions and recommendations are ours alone.

Update:

Update: This article was originally published in June 2022. The Capital One Spark Travel Elite was rebranded in 2023 as the Capital One Venture X Business Card.

Capital One will soon be launching a new credit card — the Capital One Spark Travel Elite — which is virtually identical to the Capital One Venture X Rewards Credit Card, except it caters to small business owners.

Here is everything you need to know about the new card.

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Capital One Spark Travel Elite Card Details

Here are the earning rates for the new card, along with the benefits it offers:

  • 10x miles per $1 on hotels and rental cars purchased through Capital One Travel
  • 5x miles per $1 on flights purchased through Capital One Travel
  • 2x miles per $1 on all other purchases
  • Up to $300 annual travel credit for bookings through Capital One’s travel portal
  • Complimentary lounge access to Priority Pass lounges and Capital One lounges
  • 10,000 bonus miles on your account anniversary each year
  • Global Entry or TSA PreCheck credit

As you can see, all of these benefits are shared with the Capital One Venture X card, and the Capital One Spark Travel Elite card will also have the same $395 annual fee.

Capital One Spark Travel Elite Welcome Bonus

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Capital One Lounge. Image Credit: Capital One

What stands out the most about the Capital One Spark Travel Elite card currently is its massive welcome bonus.

With it, you can earn up to 250,000 bonus miles in your first 6 months of card membership. You’ll earn 50,000 miles after you spend $10,000 in the first 3 months, and another 200,000 miles once you spend $50,000 in your first 6 months.

Since the card earns, at minimum, 2x miles per $1 on all purchases, you’ll earn at least 100,000 miles for completing the $50,000 minimum spend requirement. This means you would have 350,000 miles after receiving the welcome bonus, which we value at $6,300.

Hot Tip: With 350,000 Capital One Miles, you can book some seriously awesome trips through the Capital One transfer partners. Here is a look at some of our favorite ways to redeem Capital One miles.

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How To Get the Capital One Spark Travel Elite Card

Currently, the only way to apply for the card is through a business relationship manager at Capital One. Capital One does plan to release the card to the greater public but has not released an official date yet.

Final Thoughts

While the Capital One Spark Travel Elite card is essentially a carbon copy of the Capital One Venture X card, this card is designed for small business owners. Soon, interested applicants with a business will be able to enjoy all of the benefits of a robust travel rewards card, without sacrificing the perks and protections that business credit cards provide.

Not to mention the massive 250,000-mile welcome bonus that will provide tons of value to business owners who are able to meet the card’s minimum spend requirements in the first 6 months.

The information regarding the Capital One Capital One Spark Travel Elite Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer. 

Featured Image Credit: KLM
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About Jarrod West

Boasting a portfolio of over 20 cards, Jarrod has been an expert in the points and miles space for over 8 years. He earns and redeems over 1 million points per year, and his work has been featured in outlets like The New York Times.

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