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NerdWallet > Business Credit Cards > Capital One® Spark℠ Miles for Business
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Capital One® Spark℠ Miles for Business
Capital+One Spark+Miles Credit Card

(3.5/5 - 156 Votes)
Net Annual Rewards
$453
of Capital One No Hassle Miles
Reward Rate
2.00%
Annual Fee
$0 the first year, then $59
Signing Promo
10,000 Capital One No Hassle Miles Bonus after spending $1,000 - in the first 3 months
APR, variable*
APR:
13.9%(V)
Default:
29.4%(V)
Cash Adv:
24.9%(V)
Intro APR Promotions
Purchase:
None
Transfer:
None
Summary
  • Earn 2 miles per dollar on every purchase, every day
  • Get 10,000 bonus milesjust spend $1,000 within the first 3 months
  • Receive 5,000 bonus miles by signing up for one or more employee cards
  • Enjoy exclusive, award-winning customer service
  • $0 intro annual fee for the first year; $59 after that
  • Theres no limit to the amount of miles you can earn and miles dont expire
  • Redeem miles for travel, cash back, gift cards, merchandise, and more
  • Fly on any airline, anytime, with no blackout dates or seat restrictions

Reward Details & Calculator

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Rewards Type: Capital One No Hassle Miles

Signing Promotion
($100=10,000 points)/2 yrs
$50
Estimated Annual Rewards
$21,600 * 2.00%
$432
Annual Fee, 2 yr avg
$30
Annual Rewards (Rewards less Fees)
$453

Details

  • 2 miles per $1 spent on purchases

Calculate Interest & Finance Charges

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Use the sliders to the left to calculate balance transfer interest and APR interest for this particular card.

Finance Charge, Balance Transfer of $10,000*

Balance Transfer Fee, 0.0%
$0
APR, 24 months
$3,184
Total
$3,184

*Average APR for Balance Transfers of 13.9% includes transfer fees and APR promotions.

Effective Annual Rate, Purchases

Promo EAR, 0 months
0.00%
Ongoing EAR, 24 months
14.82%
Total EAR, 24 months
14.82%

APR Rankings

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APR
13.9%
ranks #1324 out of 1751 cards.
Average is 11.78%.
Balance Transfer Fee
0%
ranks #1 out of 1639 cards.
Average is 1.67%.
Cash Advance APR
24.9%
ranks #782 out of 1002 cards.
Average is 18.74%.

Rewards Rankings

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Annual Fee
$59
ranks #1704 out of 1773 cards.
Average is $9.
Base Reward Rate
2%
ranks #5 out of 963 cards.
Average is 0.99%.
Effective Reward Rate
2%
ranks #5 out of 958 cards.
Average is 1.04%.
Sign-up Bonus
$100
ranks #61 out of 1762 cards.
Average is $33.
Credit Card Review: Capital One® Spark℠ Miles for Business


Author:
STEPHEN

Verdict – If you are looking for miles, the Capital One Spark Miles Business is one of your best options around. They offer 2 miles per dollar on all purchases with no limit on spending.

The Capital One Spark Miles Business offers you 2 miles per dollar spent, the highest mile redemption on any business card available. Capital One’s miles program is very flexible, with no limitations on travel redemptions and your points never expire. You can redeem your rewards as a statement credit to offset any travel expense, which can include hotel stays, airline fees, gas and more. The card has a reasonable $59 annual fee after the first year, but there are other reward cards out there with no annual fee.

If you aren’t tied to miles and spending in key categories like gas, dining, office supplies and other business needs though, you may want to consider other great cash back business cards, like the Chase Ink Cash card with 5% back on cable and telecom services as well as office supplies on the first $25K spent annually, 2% on gas and dining on the first $15k spent annually, and an unlimited 1% elsewhere.

  • Guest

    I am comparing Spark Miles with Spark Cash. It appears that they are basically identical, except the Miles card limits redemption to travel related expenditures. Am I missing anything

    • http://www.nerdwallet.com/ NerdWallet

      Nope! It’s simply cash back vs. No Hassle Miles

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