Spark Miles from Capital One Credit Card Review
March 26, 2020
Best for: Any traveling business owner wanting to maximize rewards by using Capital One hotel and car rental partners.
For jet-setting businesses, the Spark Miles from Capital One credit card provides travel rewards for all purchases, including extra rewards when you book travel using the Capital One Travel site (which also features rental car and hotel partners). Even if your business has minimal travel needs, adding a travel card to your collection can benefit your business since the travel rewards you accumulate may be worth more than cash back rewards. Getting on-board with a travel points system can help your business maximize its savings strategy.
Best way to use this card
If you have the Spark Miles from Capital One card, use it to make at least $4,500 in purchases within the first three months so you can secure the 50,000 bonus miles. After the first year, where you won’t have to pay an annual fee, you’ll want to earn at least as many miles as the $95 annual fee to make the card worth it. If this is the only travel card your business is using, use it to book all travel to get the double miles reward. You can give Spark Miles from Capital One credit cards to employees at no additional cost to help boost your earnings even more.
Check out the car rental and hotel options through Capital One Travel when you’re booking travel. Since you can earn 5x miles on rental cars and hotels booked through this site, if there’s a brand you are already interested in purchasing from, you should use your Spark Miles from Capital One card to maximize your miles earnings.
If you don’t already have TSA Precheck or Global Entry status, take advantage of the card’s $100 credit. You’ll not only save money, but you’ll save time and stress at airport gate entrances.
In a nutshell
For businesses interested in a credit card with travel rewards, the Spark Miles from Capital One card is a solid choice. It provides even bigger rewards when you use it to purchase from Capital One Travel hotel and rental car partners. If your business is already using those brands or is willing to use them, you can increase the amount of travel points you earn and save more when you book airfare, hotel, and car rental services.
Businesses can use the Spark Miles from Capital One card with another card for different types of purchases, like a cash back card to buy office supplies. For businesses wanting more ways to earn travel points, a card rewarding cardholders for purchases like dining at restaurants in addition to travel purchases may make more sense.