Capital One
Spark Miles Select
Key Features
| Annual Fee | $0.00 |
| Regular APR | Purchase Rate 16.74% - 22.74% variable APR based on your creditworthiness. |
About this card
The Capital One Spark Miles Select for Business card is a solid offering, particularly for small business owners seeking a straightforward rewards program without the burden of an annual fee. The card's strengths lie in its simple 1.5x miles on all purchases, the absence of foreign transaction fees, and the valuable sign-up bonus. These factors contribute to a strong value proposition, especially for businesses that prioritize ease of use and cost savings. The reputation of the card and Capital One as an issuer is also generally positive. However, the card's APR, while not outrageous, is on the higher side for a business card requiring excellent credit, which slightly detracts from its overall appeal. The rewards program, while good, isn't exceptional compared to cards with annual fees or more complex bonus categories. Considering all aspects, the card earns an overall rating of 3.6, indicating a 'Good' card with notable strengths and some weaknesses. Its target audience fit is excellent for small businesses that value simplicity and no annual fee.
Pros & Cons
What's great
- Generous sign-up bonus
- High rewards rate
- No annual fee
- No foreign transaction fees
- Rental car perks
Things to consider
- High regular APR
- Requires excellent credit
What this card offers
Sign-up bonuses
- Earn a one-time bonus of 50,000 miles once you spend $4,500 on purchases within the first 3 months from account opening.
Rewards
- 1.5X miles on every purchase
- Earn unlimited 1.5X miles on every purchase for your business.
- Earn unlimited 5X miles on hotels and rental cars booked through Capital One Business Travel.
Other features
- Automatic payments
- Set up AutoPay so you don’t have to worry about signing into your account every month.
- $0 fraud liability
- If your card is lost or stolen, you can get an emergency replacement and a cash advance.
- Year-end summaries
- Get an itemized report of your spending to simplify budgeting and tax time.
- Account managers
- Assign an account manager to make purchases and payments, review transactions and resolve any problems.
- Purchase records
- Quickly and securely download your purchase records into multiple formats including Quicken, QuickBooks and Excel.
- Virtual card numbers
- Make safer payments online without exposing your actual card number with merchants.
- Choose your due date
- Pick your own monthly due date. Your business has the control to pay when you want.
- Transaction details
- Stay on top of your purchases. You can find merchant information like an address, logo, phone number and map, when available.
- Recurring transactions
- View a list of merchants that charge your business card monthly like subscriptions and bills.
- Free employee cards
- Track employee spending while earning all the rewards from their purchases.
- Spend limits
- Set customized spending limits for employee cards and see transactions as soon as they post.
- Capital One Business Travel
- Save time and money with complimentary access to an all-in-one business travel management solution. Explore Capital One Business Travel.
- Miles Redemption
- Redeem your miles through our travel site, or get reimbursed for travel expenses made with your card—plus you may be able to transfer miles to one of our 15+ partners.
- Hertz Five Star Status
- Skip the counter at select locations, enjoy a wider selection of rental cars and more, just for being a Spark Miles cardholder.
- No Foreign Transaction Fees
- Pay zero foreign transaction fees on purchases made outside of the United States.
- Rental Collision Coverage
- With your Spark card, you’re covered for any damage or theft that may happen when you rent an eligible car.
- Roadside Assistance
- Our business cards offer services to help you during auto-related emergencies, such as jump-starting, tire changing and towing.
- Account access
- Manage your account online or use the mobile app to get account activity alerts, see payment options, download past account statements and more.
- Security alerts
- Get notified via text, email and phone if Capital One notices potential suspicious transactions on your account.
- Fraud & security alerts
- Receive an email or text message alert if we detect a potential mistake or suspicious charge on your account.
- Card lock
- Lock your card or an employee’s if it has been misplaced, lost or stolen.
- Extended warranty
- Get free additional warranty and protection on eligible items that you purchase with your card.
- Customer support
- Our Capital One Business representatives are specially trained to work with business owners and are available to answer any questions you may have.
Additional Notes
Credit Level: Excellent