Capital One® Spark® Miles Select for Business

Note: Capital One is a Frequent Miler advertiser. Please see our Advertiser Disclosure.

Capital One Spark Miles Select Business Credit Card

FM Mini Review: This card is basically the same as the Spark Cash Select for Business, but rewards are intended to be used to offset travel purchases. This is a good option for business owners who prefer simple rewards with no annual fee, and who value free travel over cash back. If you spend more than $19K per year, though, go for the 2X Spark Miles card.

Card Type: Mastercard

Base
Travel

Earning rate: 1.5X everywhere ⚬ Earn 5X miles on hotel and rental car bookings through Capital One Travel

Noteworthy perks: Redeem miles for travel at value of 1 cent per mile ⚬ Convert "miles" to airline miles at a (mostly) 2 to 1.5 ratio ⚬ No foreign transaction fees

Overview

The Capital One Spark Miles Select for Business card offers 1.5 miles per dollar everywhere. Miles are worth 1 cent each when redeemed for travel. Simply use the card to pay for any travel expenses, and then log onto your account and apply miles to offset your statement charges. In other words, the Capital One Spark Miles Select for Business card is essentially a 1.5% rewards card.

Things get more interesting now that Capital One Miles are transferable to airline miles. Since the transfer ratio is 2 to 1.5, you can think of this card as earning your choice of 1.5% everywhere OR 1.125 airline miles everywhere.

More information about Capital One transfer partners can be found here.

Overall, I expect that most businesses would do better with the Capital One® Spark® Cash for Business Card (2% back everywhere), the Capital One® Spark® Miles for Business Card (2X everywhere), or the Chase Ink Business Preferred Card (3X in select categories).

Application Tips

Capital One Application Tips


  • 6 month rule: Must wait 6 months after applying for a Capital One card before applying for another one.

  • 2 card limit: Conventional wisdom and user experience has been that you can have at most 2 Capital One consumer cards, but according to application terms it may be possible to have up to 5. You may be limited to 2 of their rewards cards. Note that this limit does not apply to Capital One co-branded cards like the Kohl's charge card.

  • Get Same Card Again: There is no known rule against getting the same card and bonus again even if you still have the card open.

  • Hard inquiries usually get issued through all 3 credit bureaus


To check application status, call (800) 903-9177 or (877) 277-5901
If denied, call reconsideration here: (800) 625-7866

Related Cards (Capital One Miles)

Capital One Venture Rewards Credit Card
 
 
 
100K "Miles"
Earn 100K bonus miles when you spend $20K on purchases in the first 12 months from account opening, or still earn 50K miles if you spend $3K on purchases in the first 3 months

$95 Annual Fee

 
 

Recent better offer: None. This is the best we've seen in recent years.

 
 
Capital One Spark Miles Business Credit Card
 
 
 
50K "miles"
One time bonus: 50,000 Capital One miles after $4.5K spend in 3 months

No Annual Fee First Year, Then $95

 
 

Note: Capital One Business cards DO count against Chase's 5/24 Rule

Info about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy.

Recent better offer: Earn up to 200K "miles": 50K after $5K spend in the first 3 months from account opening and an additional 150K after $50K spend in the first 6 months from account opening [Expired 1/27/20]

 
 
Capital One Venture One Credit Card
 
 
 
20K "miles"
One time bonus: 20K after $1K spend in 3 months from account opening

No Annual Fee

 
 

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