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Capital One® Spark® Miles Select for Business Review

Earn a consistent 1.5 miles per $1 on all purchases without paying an annual fee. There are no blackout dates, seat restrictions or expiration dates on the miles you earn.
 CardRatings Editor  | Updated

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Capital One® Spark® Miles Select for Business

This card is no longer available.
Our Rating:   
Excellent, Good

CardRatings Editor's Analysis: Pros & Cons

  • This is one of the select few business travel rewards cards that carry no annual fee
  • The flexible rewards program is great for those who prefer not to be tied to any one brand
  • Sign up now and receive a 0% intro APR on purchases for nine months (then, 14.49% - 22.49% (Variable)).
  • If you plan to spend $1,000 or more monthly, Capital One® Spark®  Miles for Business may be a better choice to earn greater rewards.

Capital One® Spark® Miles Select for Business Credit Card Essentials

Perfect for the small business owner who has the occasional travel need, and who is also strongly keeping budget in mind, the no annual fee Capital One® Spark® Miles Select for Business makes a great 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 Capital One® Spark® Miles Select for Business 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 1.5 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 five miles per $1 on your car rental and hotel purchases through Capital One TravelSM. There are no blackout dates or seat restrictions, and you can even get employee cards for free should you have the need.

Additional Capital One® Spark® Miles Select for Business features include:

  • 0 percent intro APR for nine months - 14.49% - 22.49% (Variable) after that
  • No foreign transaction fees
  • Auto rental damage waiver
  • Travel and emergency assistance services
  • Purchase security and extended warranty protection

Top Features

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

What Our Editors Like Best About the Capital One® Spark® Miles Select for Business Credit Card

One of the best things about the Capital One® Spark® Miles Select for Business 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 Capital One® Spark® Miles Select for Business Credit Card

Earning 1.5 miles on every purchase isn't bad (or even the five 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 Capital One® Spark® Miles Select for Business 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 1.5 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 for no annual fees.

How the Capital One® Spark® Miles Select for Business Credit Card Compares to Other Cards

Capital One® Spark® Miles Select for Business Credit Card vs. Ink Business Preferred® Credit Card

The most obvious difference between these two cards are the sign up bonus offers. The Ink Business Preferred® Credit Card offers new users 100,000 bonus points once spending $15,000 in the first three months of account membership. Compare that to the Capital One® Spark® Miles Select for Business credit card's welcome bonus rewards offer of 20,000 points (earned once spending $3,000 in the first three months). That's $1,250 in travel money versus $200.

With the Chase Ink Business Preferred® Credit Card, users earn 3 points for every dollar spent on travel up to $150,000, however, only 1 point is earned on purchases made outside of the travel category. Again, with the Capital One® Spark® Miles Select for Business credit card, users earn 1.5 points on everything and five miles per $1 on select car rental and hotel bookings.

Another thing to note is that with the Chase Ink Business Preferred® Credit Card, if you redeem points through Chase Ultimate Rewards®, your points are worth 25% more. Are the Chase perks worth enough to offset its $95 annual fee? Only you can be the judge of that.

Capital One® Spark® Miles Select for Business Credit Card vs. Costco Anywhere Visa® Business Card by Citi

One of our favorite perks of the Capital One® Spark® Miles Select for Business credit card — no need for brand loyalty — is what sets it apart from the Costco Anywhere Visa® Business Card by Citi. Only Costco members can apply for that card. That is brand loyalty at its best.

Costco Anywhere Visa® Business Card by Citi cardholders earn 4 percent on gas purchases up to $7,000 a year, 3 percent on restaurant and travel purchases, and 2 percent on Costco purchases - then just 1 percent on everything else.

Though the Capital One® Spark® Miles Select for Business credit card doesn't offer category bonuses or tiered rewards, it does offer flexibility. You choose when and where you shop and you'll be rewarded 1.5 points on every dollar you spend. It's as simple as that.

If your heart lies with Costco, you know the choice you need to make. However, if you enjoy shopping around and not being tied to one store or website, the Capital One® Spark® Miles Select for Business credit card might be the card for you.

Capital One® Spark® Miles Select for Business Credit Card vs. Capital One® Spark® Miles for Business Credit Card (This card is not currently available on CardRatings)

The Capital One® Spark® Miles for Business card one-ups the Capital One® Spark® Miles Select for Business credit card all along the rewards route. The Capital One® Spark® Miles for Business credit card offers 2 miles on all purchases and five miles on car rentals and hotels through Capital One TravelSM versus the Capital One® Spark® Miles Select for Business credit card's 1.5 and five, 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 $100 credit for one Global Entry or TSA Pre✓® application fee.

Though the Capital One® Spark® Miles for Business credit card might offer some stronger rewards than the Capital One® Spark® Miles Select for Business credit card, there are a couple big differences to point out between the two: the Capital One® Spark® Miles Select for Business credit card has no annual fees, as well as introductory 0% purchase APR for the first 9 months (then 14.49% - 22.49% (Variable)), compared to the Capital One® Spark® Miles for Business card's 18.49% (Variable) APR, and annual fee ($0 intro for first year; $95 after that). 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 This Card?

The best applicant for the Capital One® Spark® Miles Select for Business 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, 9 month, 0 percent purchase APR offer.

Capital One® Spark® Miles Select for Business Compared to Other Travel rewards Cards

Rewards
1.5 Miles per $1 on every purchase. 
Rewards
Earn 2 AAdvantage® miles per $1 spent on eligible American Airlines purchases. Earn 2 AAdvantage® miles for every $1 spent on purchases at telecommunications merchants, cable and satellite providers, car rental merchants and at gas stations. Earn 1 AAdvantage® mile per $1 spent on other purchases. 
Rewards
Earn 2 AAdvantage® miles for every $1 spent at gas stations and restaurants. Earn 2 AAdvantage® miles for every $1 spent on eligible American Airlines purchases 
Rewards
3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants & 1 point per $1 spent on all other purchases. $0 foreign transaction fees. 
Rewards
Earn 2 AAdvantage® miles for each $1 spent at grocery stores, including grocery delivery services. Earn 2 AAdvantage® miles for every $1 spent on eligible American Airlines purchases. Earn 1 AAdvantage® mile for every $1 spent on other purchases 
Bonus Rewards
20,000 Miles once you spend $3,000 on purchases within the first 3 months from account opening  
Bonus Rewards
Earn 65,000 American Airlines AAdvantage® bonus miles after spending $4,000 in purchases within the first 4 months of account opening.  
Bonus Rewards
Earn 50,000 American Airlines AAdvantage® bonus miles after $2,500 in purchases within the first 3 months of account opening  
Bonus Rewards
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®  
Bonus Rewards
Earn 10,000 American Airlines AAdvantage® bonus miles and receive a $50 statement credit after making $500 in purchases within the first 3 months of account opening.  
Annual Fee
$0 
Annual Fee
$99, waived for first 12 months 
Annual Fee
$99, waived for first 12 months 
Annual Fee
$550 
Annual Fee
$0 

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