Capital One® Spark® Miles Select for Business

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Card Details and Application Link
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)

Card Offer
Capital One Venture Rewards Credit Card
60K "miles"
Earn a one-time bonus of 60K Capital One miles after $3K spend in the first 3 months

$95 Annual Fee

Recent better offer: 100K: 50K after $3K in the first 3 months + 20K after $20K in the first 6 months [Expired 7/19/21]

Capital One Spark Miles Business Credit Card
50K "miles"
Earn a one-time bonus: 50K "miles" after $4.5K spend in the first 3 months from account opening

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 and breifly available in 2021]

Capital One VentureOne Rewards Credit Card
20K "miles"
Earn a bonus of 20K after $500 spend in 3 months from account opening

No Annual Fee

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