The Capital One Spark Miles for Business is no longer available for new cardmembers. Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.
The Capital One Spark Miles for Business is getting a minor glow-up, rebranding as the Capital One Venture Business.
While it's largely the same business card with a new name, two new (albeit small) benefits and a welcome offer that'll make this card worth a closer look.
You can earn a one-time welcome bonus of 100,000 miles once you spend $10,000 on purchases within the first 3 months from account opening.
Let's take a closer look at what this business credit card offers and a few alternatives that may be a better fit for your side hustle or small business.
The Capital Venture Business has a simple and lucrative rewards program because you earn at least 2X miles on every purchase and you can transfer those miles to travel partners.
- Earns flexible travel rewards you can transfer to airline and hotel loyalty programs such as Air Canada Aeroplan, Choice Privileges and Emirates Skywards
- Application fee credit for Global Entry or TSA PreCheck
- Up to $100 in annual credits
- Has an annual fee
- High spending requirement to earn the full welcome bonus
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn a one-time welcome bonus of 100,000 miles once you spend $10,000 on purchases within the first 3 months from account opening
- Earn unlimited 2X miles per dollar on every purchase, everywhere, no limits or category restrictions, and miles won't expire for the life of the account
- Receive up to $220 in credits: Receive an annual $50 travel credit for bookings through Capital One Business Travel, up to an annual $50 statement credit for purchases at qualifying advertising or software merchants, plus up to a $120 credit for Global Entry or TSA PreCheck® every four years. Terms and conditions apply
- Unlimited 5X miles on hotels, vacation rentals and rental cars booked through Capital One Business Travel
- Transfer your miles to 15+ travel loyalty programs
- Redeem your miles instantly for any travel-related purchases, from flights and hotels to ride-sharing services
- $95 annual fee
- Free employee cards which also earn unlimited 2X miles from their purchases
- Top rated mobile app
Details of the Capital One Venture Business
The Venture Business card has a $95 annual fee, just like its sister consumer card, the Capital One Venture Rewards Credit Card. To offset this fee, two new benefits have been introduced. Every year, you receive:
- $50 in credits to put toward Capital One Business Travel bookings
- Up to $50 in statement credits for qualifying advertising or software purchases
The card continues to offer a Global Entry or TSA PreCheck application fee credit of up to $120 every four years. Outside of these credits, the benefits are pretty slim — which isn't entirely uncommon from a business card with a $95 annual fee. What truly makes the card shine is its rewards.
In addition to the exceptionally generous intro bonus, you also earn at least 2X miles on every purchase and 5X miles on hotels, vacation rentals and rental cars booked through the Capital One Business Travel portal.
You'll miss out on elevated earnings from bonus spending categories, but you also don't have to invest any brain power in paying attention to which purchases earn the most. There's value in that.
Capital One miles are travel rewards you can squeeze value out of, regardless of your travel style. If you like to keep it simple, just redeem your miles to offset travel purchases at a rate of 1 cent per point. Using miles in this way means the welcome bonus alone is worth $1,500 in travel. Plus, you can stretch your miles before taking advantage of Capital One's long list of transfer partner loyalty programs:
Capital One transfer partners
| Capital One transfer partners | Transfer ratio |
|---|---|
| Accor Live Limitless | 2:1 |
| Aeromexico Rewards | 1:1 |
| Air Canada Aeroplan | 1:1 |
| Avianca LifeMiles | 1:1 |
| British Airways Club | 1:1 |
| Cathay Pacific Asia Miles | 1:1 |
| Choice Privileges | 1:1 |
| Emirates Skywards | 4:3 |
| Etihad Guest | 1:1 |
| EVA Air Infinity MileageLands | 4:3 |
| Finnair Plus | 1:1 |
| Flying Blue (Air France/KLM) | 1:1 |
| I Prefer Hotel Rewards | 1:2 |
| JAL Mileage Bank | 4:3 |
| JetBlue TrueBlue | 5:3 |
| Qantas Frequent Flyer | 1:1 |
| Qatar Airways Privilege Club | 1:1 |
| Singapore KrisFlyer | 1:1 |
| TAP Air Portugal Miles&Go | 1:1 |
| Turkish Airlines Miles&Smiles | 1:1 |
| Virgin Red | 1:1 |
| Wyndham Rewards | 1:1 |
Alternatives to the Capital One Venture Business
If you're searching for the perfect business credit card, it helps to look at how much your business spends on a credit card and which categories you spend the most in.
The Venture Business is a solid travel credit card and business card from top to bottom. However, it has two main weaknesses: 1) a huge spending requirement to earn the full welcome bonus and 2) no bonus spending categories.
The Ink Business Preferred® Credit Card (see rates and fees) provides most of what you may want the Venture Business for and includes exceptional bonus categories and a comparable welcome bonus (with a more reasonable minimum spending requirement).
With the Ink Business Preferred, you can earn 100,000 bonus points after spending $8,000 on purchases in the first three months from account opening. It also earns 3X points on the first $150,000 in combined purchases in the following categories each year (then 1X points):
- Shipping
- Social media and search engine advertising
- Internet, cable and phone services
- Travel
You get all of that for the same $95 annual fee, although the Ink Business Preferred lacks ongoing statement credit offers.
The Ink Business Preferred® Credit Card is an excellent business card with useful benefits, valuable rewards and a generous welcome bonus.
- Earns flexible travel rewards you can transfer to airline and hotel loyalty programs such as World of Hyatt, Southwest Rapid Rewards and many more
- Valuable welcome bonus worth $1,125 in travel when redeemed through Chase Travel
- Strong travel and shopping protections
- No intro APR offer
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening.
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
- Earn 5x total points on Lyft rides through 9/30/27.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Go further when you book with Chase TravelSM. Enjoy competitive rates, seamless booking and premium benefits.
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Receive complimentary access to DashPass by DoorDash.
- Member FDIC
Balance transfer fee
Either $5 or 5% of the amount of each transfer, whichever is greater
If earning 2X transferable reward points on every purchase is appealing to you, but you'd rather not bother with an annual fee, The Blue Business® Plus Credit Card from American Express is a good fit.
The card earns 2X Membership Rewards® points on the first $50,000 in purchases every year (then 1X points), and Amex points transfer to a long list of hotels and airlines. Plus, the card has no annual fee (see rates and fees) and comes with a generous intro APR offer.
The Blue Business® Plus Credit Card from American Express is a great option if you're starting a business because it's affordable, earns flexible travel rewards and offers an intro-APR on purchases for a year.
- Valuable intro-APR offer for purchases for 12 months
- Earns flexible rewards you can transfer to 20+ airline and hotel loyalty programs
- No annual fee
- Bonus rewards for purchases are capped
- Few useful travel insurance benefits
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 16.99% - 28.74%, based on your creditworthiness and other factors at account opening. APR will not exceed 29.99%
- Earn 2X points on everyday business purchases such as office supplies or client dinners. 2X applies to the first $50,000 in purchases per year, 1 point per dollar thereafter. Terms and limitations apply.
- You've got the power to spend above your credit limit* with Expanded Buying Power. *The amount you can spend above your credit limit is flexible, so it adapts with your use of the Card, your payment history, credit record, financial resources known to us, and other factors. Just remember, the amount you can spend with Expanded Buying Power is not unlimited.
- No Annual Fee
- Terms Apply.
- See Rates & Fees
Balance transfer fee
N/A
Foreign transaction fee
2.7% of each transaction after conversion to US dollars.
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For rates and fees of the Blue Business® Plus Credit Card from American Express, click here.
