Underrated Reasons Why You Need a Capital One Spark Miles for Business Card

This card's rental car coverage and hotel and airline transfer partners give cardholders more choice in travel.
Rachel Morgan Cautero
By Rachel Morgan Cautero 
Edited by June Casagrande

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The Capital One Spark Miles for Business card is a solid option for small-business owners, with perks like a hefty welcome bonus (when you meet spending requirements, of course), unlimited 5x miles on hotels and rental cars booked through Capital One travel and 2x miles on every other purchase, and even the ability to transfer points to airline and hotel partners.

And that’s not to mention the card’s reasonable annual fee: $0 intro for the first year, then $95.

We’ll walk you through some of this card’s lesser-known benefits. But first, the best-known perks of this card.

The well-known reasons

Here are some of the well-known benefits of the Capital One Spark Miles for Business.

  • Welcome bonus: Earn a one-time bonus of 50,000 miles – equal to $500 in travel – once you spend $4,500 on purchases within the first 3 months from account opening.

  • Earn miles: Earn unlimited 2x miles on every purchase. Another bonus? There are no minimums to redeem your miles and they don’t expire as long as you keep the account.

  • Free employee cards: Pay no fee to issue cards to your employees so they can make charges to your account.

The underrated reasons

Points can be transferred to frequent flyer programs

One of this card’s lesser-known benefits is that it allows cardholders to transfer miles among more than a dozen airline and hotel partners, including Air Canada, Qantas and Emirates. Depending on which airline you transfer your miles to, you may be able to gain more value per point — a solid perk. It also opens up your options significantly when booking travel since you’ll have more airlines to choose from.

Enjoy peace of mind when you travel

On your business travels, this card has you covered. It offers roadside services like jump-starting, tire changing and towing, plus emergency travel services like legal or medical referrals and ticket replacement. Being confident in having backup for trip snafus can be valuable for all kinds of travel, but even more so for travel that requires impressing clients or making potential sales.

Better manage employee spending

On top of the ability to earn 2x miles on every purchase, this card also helps business owners control employee spending. You can monitor spending on company cards, set limits for each individual card and even designate an account manager to review transactions, make purchases and handle any discrepancies.

Rental car protection

If you’re traveling for work, chances are you’ll need a rental car. With its primary collision coverage, this card covers damage and theft when you rent a car for business.

Global Entry/TSA Precheck credit

Capital One Spark Miles for Business cardholders get up to a $100 credit to be used toward the Global Entry or TSA Precheck application fee.

No foreign transaction fees

This card doesn’t charge foreign transaction fees, a major perk if your business often takes you or your employees overseas. Other cards charge foreign transaction fees up to 3%. Imagine paying that on everything from business dinners to hotel stays — or, instead, take this card and skip the fees altogether.

The bottom line

Capital One Spark Miles for Business is a solid option for business owners because it offers some fairly good travel benefits. The ability to transfer miles to various airlines and other programs is a big perk. Not to mention the card is low-cost, lacks foreign transaction fees and offers built-in travel assistance.

How to maximize your rewards

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