Capital One® Spark® Miles Select for Business review

Small Business Card

Capital One® Spark® Miles Select for Business

Top Features

• Rewards
• 1.5 Miles per $1 on every purchase.
• Welcome Bonus
• 20,000 Miles once you spend $3,000 on purchases within the first 3 months from account opening
• Annual Fee
• $0

5.0

Credit Score: Excellent, Good

Terms and Limitations Apply

CardName benefits

Great for the small business owner who has the occasional travel need, and who is also strongly keeping budget in mind, the no annual fee CardName makes a solid business partner. Companies that spend tens of thousands of dollars a year can quickly earn enough rewards points or miles to dwarf a card’s annual fee, but start-up businesses and other frugal companies may not always have that ability.

The CardName might not be quite as well-known as some other business credit cards on the market, but for those with a modest monthly budget, it has its perks. Card members earn 1.5X miles for every dollar spent, and if you can average $1,000 per month with the card, for the first three months at least, you’ll find yourself with 20,000 bonus miles, which translates to about $200 in travel credit. Furthermore, you can earn 5X miles per dollar on your car rental and hotel purchases through Capital One Travel. There are no blackout dates or seat restrictions, and you can even get employee cards for free should you have the need.

Additional CardName features include:

• 0% intro APR intro_apr_duration – RegAPR after that
• No foreign transaction fees
• Auto rental damage waiver
• Travel and emergency assistance services
• Purchase security and extended warranty protection

One of the best things about the CardName credit card is that it comes without the need for brand loyalty. Rewards and bonus miles never expire and are not limited to specific companies. Also, should you travel internationally, there are no foreign transaction fees.

Any time you travel you’ll have access to a plethora of benefits including auto rental collision damage waiver, purchase security and extended warranty protection, and travel and emergency assistance services. This includes coverage for any damage caused by collision or theft when you rent an eligible car, as well as a wide range of emergency services including legal or medical referrals.

With credit card fraud at an all-time high, we also love the fraud protection benefit that comes with this card. Not only are cardholders not liable for purchases they did not make, they are also kept informed in real time of any suspicious activity on the account via a text, email, or phone call.

The best part though is that this all comes at no extra cost to you. Talk about bang for your buck!

Potential downsides of the CardName

Earning 1.5X miles on every purchase isn’t bad (or even the 5X miles on certain travel purchases), but it also isn’t amazing, especially when comparing it to some other business credit cards that earn two miles per dollar on all purchases, such as the card_name credit card, compared below. The major trade off though is that there is no annual fee, and considering the fact that many credit cards offer only one mile or point for each dollar spent outside of bonus categories, a 1.5X mile earnings rate could be considered a great deal. This card is really ideal for small and/or new business owners who are okay with sacrificing major point earning potential in favor of no annual fees.

How does the CardName compare to other cards?

CardName vs. CardName

The most obvious difference between these two cards are the sign up bonus offers. The CardName offers new users 90,000 bonus points once spending $8,000 on purchases in the first three months from account opening. That’s $900 cash back or $1,125 toward travel when redeemed through Chase Travel℠. Compare that to the CardName credit card’s welcome bonus rewards offer of 20,000 points (earned once spending $3,000 in the first three months). That’s $1,125 in travel money versus $200.

With the Chase CardName, users earn 3X points for every dollar spent on travel up to $150,000, however, only 1X point is earned on purchases made outside of the travel category. Again, with the CardName credit card, users earn 1.5X points on everything and 5X miles per dollar on select car rental and hotel bookings.

Another thing to note is that with the Chase CardName, if you redeem points through Chase Travel℠, your points are worth 25% more. Are the Chase perks worth enough to offset its annual fee? Only you can be the judge of that.

CardName vs. CardName

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The card_name card one-ups the CardName credit card all along the rewards route. The CardName credit card offers 2X miles on all purchases and 5X miles on hotels, vacation rentals, and rental cars booked through Capital One Travel versus the CardName credit card’s 1.5X and 5X, and while they both offer one-time bonus rewards, the annual fee version of this card is more substantial: Earn 50,000 miles after spending $4,500 in the first three months of account membership. Additionally, the annual-fee version of the card offers up to a $120 credit for one Global Entry or TSA PreCheck® application fee.

Though the CardName credit card might offer some stronger rewards than the CardName credit card, there are a couple big differences to point out between the two: the CardName credit card has no annual fees, as well as introductory 0% purchase APR intro_apr_duration (then RegAPR), compared to the CardName card’s RegAPR APR, and annual fee (AnnualFees). What’s more important to you? No annual fees and a little extra time to pay of some large purchases interest free, or extra bonus miles? Again, only you can decide.

Who should get the CardName card?

The best applicant for the CardName credit card is someone who wants flexibility with how they use their credit card (and earn rewards), but who doesn’t use their card quite enough to offset the cost of an annual fee. This card is also a great option for any small business owner who is looking for a little extra time to pay off a large expense, thanks to the introductory APR offer.

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.