Capital One Spark Miles For Business Review With Pro And Cons – 20 Points

1. Capital one spark miles for business is great card for small business owner who like simple travel reward program. This card is great for everyday purchase.
It offers unlimited 2 miles per $1 spend on everything.
You can use the miles toward any type of travel purchase, or transfer them to 14 airline partners.
You can also get 50000 miles intro bonus.

2. Reward Rate:

Earn 2 miles for every dollar spent with no annual cap. Each mile worth 1.4 cent.

3. Sign-Up Bonus:

50,000 miles (Worth $500 in travel) if you spend $4,500 in first 3 months.

4. Annual Fee:

$0 for the first year, then $95

5. Regular Apr:

19.24% Variable APR

6. Intro Apr:

N/A

7. Credit Needed:

Good – Excellent 690 – 850

8. Pros:

Simple high reward rate
Flexible redemption
Generous welcome bonus
No Foreign transaction fee
Annual fee waived for first year
Free card for employee

9. Cons:

$95 annual fee
No bonus categories
No 0% intro apr

10. Other Benefits:

Receive up to $100 credit for Global Entry or TSA PreCheck
Visa SavingsEdge
Rental Car Insurance
Warranty Protection
Purchase Protection
Fly on any airline, anytime, with no blackout dates or seat restrictions
Transfer miles to 15 airline partners

11. Airline Partners:

Aeromexico (Club Premier) 2 : 1.5 | 1000 : 750
Air Canada (Aeroplan) 2 : 1.5 | 1000 : 750
Air France KLM (Flying Blue) 2 : 1.5 | 1000 : 750
Alitalia (MilleMiglia Program) 2 : 1.5 | 1000 : 750
Avianca (LifeMiles) 2 : 1.5 | 1000 : 750
Cathay Pacific (Asia Miles) 2 : 1.5 | 1000 : 750
Emirates (Emirates Skywards) 2 : 1 | 1000 : 500
Etihad Airways (Etihad Guest) 2 : 1.5 | 1000 : 750
EVA Air (Infinity MileageLands) 2 : 1.5 | 1000 : 750
Finnair (Finnair Plus) 2 : 1.5 | 1000 : 750
Hainan Airlines (Fortune Wings Club) 2 : 1.5 | 1000 : 750
JetBlue (JetBlue TrueBlue) 2 : 1 | 1000 : 500
Qantas (Qantas Frequent Flyer) 2 : 1.5 | 1000 : 750
Qatar Airways (Privilege Club) 2 : 1.5 | 1000 : 750
Singapore Airlines (KrisFlyer) 2 : 1 | 1000 : 500

12. You can redeem miles:

By Converting to cashback at 0.5 cents per mile.
Booking travel at a rate of one cent per mile.
Transferring miles to an airline partner.

13. Customer Experience:

24/7 customer service?: Yes
Online chat available?: Yes
Google Play Store mobile app rating: 4.7/5
Apple Store mobile app rating: 4.6/5

14. Balance Transfer Fee:

None

15. Max Late Fee:

$39

16. Max Penalty Apr:

31.65% (V)

17. Cash Advance Apr:

25.24% (V)

18. Cash Advance Fee:

3% Min $10

19. This card is not for you:

If you spend less than $19000 per year.
If you want to redeem points other than travel.
If you do not like to pay annual fee.
If you want bonus categories to maximise rewards.

20. Why You Should Get Capital One Spark Miles For Business:

If you want free employee card.
If you want to earn travel rewards with high flat rate card.
If you are going to spend minimum $19000 per year on this card.
If you travel frequently and need card with no foreign transaction fee.
If you want generous sign up bonus.

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