Features

Who is the Capital One Sparks Miles Credit Card Designed For?

The Capital One Sparks Miles Credit Card is designed for business owners with excellent credit who frequently travel for business and would like to earn travel rewards on their purchases.

What are the Interest Rates?

Interest rates range from 13.9% to 20.9, which is competitive for a business travel card. The cash advance fee is 24.9% and there is no intro APR.

What Are the Fees?

The Spark Miles credit card has a $59 annual fee, but it's waived the first year. It has a 3% cash advance fee with a minimum fee of $10 and a $39 late payment fee, but that's it. There are no balance-transfer fees, foreign transaction fees, returned balance fees or over-the-credit-limit fees.

What Is the Rewards Program Like?

Capital One's Spark Miles credit card has a flexible, generous and easy to use rewards program. Earning miles is easy with its 2 points for every dollar reward ratio on all purchases. The miles you earn don't expire and you can redeem miles for travel, gift cards or even cash.

Redeeming miles for travel expenses is just as easy. Just purchase the ticket with the airline and travel website you prefer and pay for it with your Sparks credit card. Then simply request a statement credit from Capital One. This avoids the hassle of blackout dates and seat restrictions. There is a 1:1 ratio when it comes to miles and dollars. For example, a $200 flight will cost you 20,000 points.

What about the Signup Bonus?

Spark Miles users can earn 25,000 miles ($250 equivalent), if they spend $5,000 within the first three months of opening their account. They can also earn an additional 5,000 bonus points when they order one or more cards for employees within the first 60 days.

Any Other Benefits?

The Capital One Sparks Miles credit card comes with 90-day purchase protection, auto-rental collision damage waiver, extended warranty on items purchased with the card, travel and emergency assistance and travel and emergency assistance.

How Is It Better Than Other Credit Cards?

The Sparks Miles credit card issued by Capital One has a competitive rewards rate, a large signup bonus, useful travel benefits, and relatively low interest rates. It does have a $59 annual fee, but it's waived the first year, there are no foreign transaction fees, and the 30,000 miles signup bonus pays for 5 years of annual fees.

If paying an annual fee is deal-breaker, start with this card and then switch to the Spark Miles Select credit card after 12 months. The Select has a lower rewards rate (1.5%) but doesn't have an annual fee.

Important Disclosures: http://www.capitalone.com/business-credit-cards/spark-miles-rewards/disclosures/

  • Card Type
    Cash Back Balance Transfer Rewards
  • Customer Type
    Business
  • Card Network
    Visa
  • Minimum Age
    18
  • Late Payment Penalty
    $39
  • Minimum Interest Charge
    $1
  • Returned Payment Fee
    $39
  • Car Rental Insurance
  • Emergency Support
  • Extended Warranty
  • Flight Insurance
  • Fraud Liability
  • Free FICO Score
  • Lost Luggage Insurance
  • Travel Insurance
  • Air Miles
  • Cashback
  • Points
  • Penalty APR
    29.65%
  • Purchases APR
    17.24% - 17.24%
  • Balance Transfer APR
    17.24% - 17.24%
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0
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22.9
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
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js-table-filter no-foreign-currency-transaction-fee-237
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  • Cashback
  • No Annual Fee
  • 0% Introductory APR
  • No Foreign Transaction Fee
Card Type Balance Transfer
Card Type Rewards
Purchases APR 22.9%
Balance Transfer APR 22.9% var. APR%
090
js-table-filter bizname-capital-one-spark-cash-business-card
59
js-table-filter ccard-type-137
js-table-filter ccard-type-136
js-table-filter cashback-135
13.9
js-table-filter no-annual-fee-first-year-225
js-table-filter no-introductory-apr-350
js-table-filter card-type-12
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Cashback
  • No Annual Fee First Year
  • 0% Introductory APR
  • No Foreign Transaction Fee
Annual Fee $59
Card Type Balance Transfer
Card Type Rewards
Purchases APR 13.9%
Balance Transfer APR 13.9% – 20.9% var. APR%
158
js-table-filter bizname-capital-one-spark-cash-select-business-card
0
js-table-filter ccard-type-137
js-table-filter ccard-type-136
js-table-filter cashback-135
12.9
js-table-filter no-annual-fee-238
js-table-filter no-introductory-apr-350
js-table-filter card-type-12
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Cashback
  • No Annual Fee
  • 0% Introductory APR
  • No Foreign Transaction Fee
Card Type Balance Transfer
Card Type Rewards
Purchases APR 12.9%
Balance Transfer APR 12.9% – 20.9% var. APR%
048
js-table-filter bizname-capital-one-spark-miles-business-card
js-table-filter air-miles-136
59
js-table-filter ccard-type-222
js-table-filter ccard-type-137
js-table-filter ccard-type-136
js-table-filter every-purchase-138
17.24
js-table-filter no-annual-fee-first-year-225
js-table-filter card-type-12
js-table-filter no-foreign-currency-transaction-fee-237
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Air Miles
  • Every Purchase
  • No Annual Fee First Year
  • No Foreign Transaction Fee
Annual Fee $59
Card Type Cash Back
Card Type Balance Transfer
Card Type Rewards
Purchases APR 17.24%
Balance Transfer APR 17.24%
168
js-table-filter bizname-capital-one-spark-miles-select-business-card
js-table-filter air-miles-136
0
js-table-filter ccard-type-137
js-table-filter ccard-type-136
js-table-filter every-purchase-138
12.9
js-table-filter no-annual-fee-238
js-table-filter card-type-12
js-table-filter credit-required-115
js-table-filter credit-required-116

  • Air Miles
  • Every Purchase
  • No Annual Fee
Card Type Balance Transfer
Card Type Rewards
Purchases APR 12.9%
Balance Transfer APR 12.9% – 20.9% var. APR%
058
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If you travel on business, you need to have this card. The rewards program is excellent and simple to use. You can book tickets with no blackout dates and travel with no foreign transaction fees. The annual fee is reasonable and it's waived the first year. Just a good card.


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