Capital One Spark 1.5X Miles Select Credit Card Review

Capital One Spark Miles Select 1.5X Business Travel Card Review: A Comprehensive Guide

As a business owner, managing expenses and maximizing rewards on your purchases is crucial for improving your bottom line. The Capital One Spark Miles Select 1.5X Business Travel Card is designed to help you do just that. Offering a range of benefits, including generous rewards, a no-annual-fee structure, and valuable travel perks, this card stands out as a top choice for business owners who want to earn rewards on travel and everyday expenses.

In this Spark Miles Select Review, we’ll cover all the details you need to know about the Capital One Spark Miles Select 1.5X Business Travel Card, its benefits, how it compares to other business travel cards, and more. Whether you’re wondering if it’s worth the investment or how to redeem your miles for maximum value, this guide covers you.

What is the Capital One Spark Miles Select 1.5X Business Travel Card?

The Capital One Spark Miles Select 1.5X Business Travel Card is a business credit card for travel rewards that offers a solid earning structure, travel-related benefits, and no annual fee. It is tailored for business owners who want to earn rewards on their purchases without paying a high annual fee. The card offers 1.5X miles on every purchase and 50,000 bonus miles when you meet the minimum spending requirement.

Card Highlights

• Earn 1.5X miles on every purchase, making accumulating rewards on business expenses easy.
• 50,000 bonus miles after spending $4,500 in the first three months.
• No annual fee allows you to save on car maintenance costs.
• Unlimited miles on every purchase, with no category restrictions.
• Redeem miles for flights, hotel stays, car rentals, and more travel expenses.
• Transfer miles to over 15 travel partners, including airlines and hotels.
• 5X miles on travel-related purchases made through Capital One Travel.
• Rental collision coverage for car rentals booked with the card.
• Price drop protection and price match guarantee for travel bookings.
• $0 fraud liability protection, ensuring you are not responsible for unauthorized charges.
• Use the Capital One Travel platform to book and manage travel with ease.
• There are no foreign transaction fees when traveling internationally.
• Employee cards with customizable spending limits for better expense tracking.
• 24/7 customer support and specialized business representatives to assist you.
• Flexible miles redemption options allow you to choose how you use your rewards.

Rates and Fees

• Annual Fee: $0, making this card a cost-effective business option.
• Purchase APR: 17.49% – 23.49% variable, based on creditworthiness.
• Balance transfer APR: 17.49% – 23.49% variable, depending on your credit profile.
• Cash advance APR: 26.99% variable, higher than the regular APR.
• Cash advance fee: 3% of the amount, with a minimum fee of $10.
• Foreign transaction fee: None, allowing you to save while traveling internationally.
• Late payment fee: Up to $40, charged if a payment is missed.
• Returned payment fee: Up to $40 applies if a payment is returned.
• Overlimit Fee: No fee if you exceed your credit limit, as long as your card issuer approves.

Download All Rates and Fees

These rates and fees ensure you can enjoy the Capital One Spark Miles Select 1.5X Business Travel Card with minimal costs. The card’s no annual or foreign transaction fees make it ideal for frequent travelers. However, consider the higher APR for cash advances and balance transfers.

Key Features:

• Earn 1.5X Miles on Every Purchase: The Capital One Spark Miles Select 1.5X Business Travel Card allows you to earn 1.5X miles on every purchase. This means you earn valuable travel rewards on all business expenses, whether office supplies, travel bookings, or everyday spending.
• 50,000 Bonus Miles Offer: New cardholders can earn 50,000 bonus miles after spending $4,500 in the first three months of account opening. This bonus can significantly boost your rewards balance, which you can use toward future travel expenses.
• No Annual Fee: One of the standout features of the Spark Miles Select is the no annual fee policy. This makes it a cost-effective choice for business owners who don’t want to deal with the added expense of maintaining a credit card.
• Unlimited Rewards: The Capital One Spark Miles Select offers unlimited miles on every purchase, so you don’t have to worry about category restrictions or limits. You can earn rewards on all types of purchases, making it ideal for businesses that spend across various categories.
• Flexible Redemption: Miles earned through the Spark Miles Select card can be redeemed for various travel expenses, such as flights, hotel stays, car rentals, and even vacation packages. The card also offers the option to transfer miles to 15+ travel partners, providing even more redemption options.

How the Capital One Spark Miles Select Works

Understanding how the Capital One Spark Miles Select 1.5X Business Travel Card works can help you make the most of its features. When you use the card for business purchases, you earn 1.5X miles on every dollar spent. These miles can be redeemed in multiple ways to cover your travel expenses, allowing flexibility in using your rewards.

The 1.5X miles on every purchase applies to all types of transactions—whether booking a flight, paying for office supplies, or even fueling up for business trips. Additionally, when you book hotels and car rentals through Capital One Travel, you earn 5X miles on those purchases. This makes the card even more valuable regarding business travel, as you can earn additional rewards on travel-related purchases.

Capital One Spark Miles Select 1.5X Business Travel Card Benefits

The Capital One Spark Miles Select 1.5X Business Travel Card provides several key benefits that make it an attractive option for business owners looking to earn rewards on their purchases and enhance their travel experience.

1. No Annual Fee

A key selling point of the Spark Miles Select card is its no annual fee structure. Many business travel cards charge hefty annual fees, but this card allows you to earn rewards without any additional cost. This makes it an excellent option for business owners who want to maximize travel rewards while keeping their expenses low.

2. Flexible Miles Redemption

One of the standout features of the Capital One Spark Miles Select is its miles redemption flexibility. You can redeem your earned miles for travel-related expenses, including flights, hotel stays, and car rentals. Additionally, the card allows you to transfer your miles to over 15 travel partners, including popular airlines and hotel chains, which opens up even more options for using your miles.

Whether you book your travel directly through Capital One Travel or transfer your miles to a partner airline or hotel, the card offers flexibility to suit your needs.

3. Travel Benefits

The Spark Miles Select card offers several travel benefits that can help you save money and make your trips more convenient:

• Rental Collision Coverage: When you rent a car for your business travels, you’re covered with rental collision coverage for damage or theft, providing peace of mind during your trips.
• Price Drop Protection: If the cost of your booked flight drops after booking, the Capital One Spark Miles Select will give you a partial refund for the difference through price drop protection.
• Price Match Guarantee: If you find a lower price for a flight you’ve already booked within 24 hours, the Capital One Spark Miles Select will match the price difference.

4. Security and Fraud Protection

Security is a priority when it comes to business credit cards. The Capital One Spark Miles Select card offers a $0 fraud liability policy, meaning you won’t be responsible for unauthorized charges. Additionally, you can lock your card in case it’s lost or stolen, and you’ll receive security alerts for suspicious transactions, helping you keep your account safe at all times.

How to Earn 50,000 Miles with Spark Miles Select

To earn the 50,000 bonus miles the Spark Miles Select offers, you must meet the spending requirement of $4,500 within the first three months of opening your account. Once you’ve met this threshold, you’ll receive the bonus miles, which can be used for future travel expenses.

The 50,000 miles bonus can be redeemed for up to $500 in travel-related expenses when booked through Capital One Travel. That’s a significant reward for simply meeting the spending requirement.

Capital One Travel Booking with Spark Miles Select

One of the major perks of the Spark Miles Select card is its integration with Capital One Travel. Using your miles to book travel through Capital One Travel, you can cover expenses like flights, hotels, car rentals, and vacation packages. The platform also allows you to take advantage of travel protections such as price drop protection and the price match guarantee, making it easier to book trips confidently.

Furthermore, Capital One Travel offers competitive pricing, so you can use your miles to get great deals on travel without having to worry about paying out of pocket for expensive flights or hotel stays.

Spark Miles Select vs. Other Business Travel Cards

When comparing the Capital One Spark Miles Select to other business travel credit cards, there are several factors to consider:

• Annual Fee: Many business credit cards charge a yearly fee ranging from $95 to $450 or more. The Spark Miles Select is unique because it has no annual fee, making it an excellent option for cost-conscious business owners.
• Earning Potential: While many business travel cards offer bonus categories for specific types of spending (e.g., dining, office supplies), the Spark Miles Select offers a simple earning structure: 1.5X miles on every purchase. This makes it an easy-to-use card with no category restrictions.
• Sign-Up Bonus: The 50,000 bonus miles offered by the Spark Miles Select are competitive with other business credit cards and can provide significant value for travel expenses.

How to Redeem Spark Miles for Travel Expenses

Redeeming your miles for travel expenses is easy with the Capital One Spark Miles Select card. Here are some of the ways you can use your rewards:

• Book Travel through Capital One Travel: You can use your miles to book flights, hotels, and car rentals through the Capital One Travel platform. This provides a simple way to use your miles for business or leisure travel.
• Transfer Miles to Travel Partners: For additional flexibility, you can also transfer your miles to 15+ travel partners. This allows you to redeem your miles for flights or hotel stays with airlines and hotel chains that you may already use for your business travel.
• Travel Expenses: Miles can be redeemed for travel reimbursement, covering any travel-related purchases on your Spark Miles Select card.

Comparison: Venture X Business Credit Card and Capital One Spark Miles 2X Travel Rewards Business Card

To help you decide which card best suits your business needs, compare the Capital One Spark Miles Select 1.5X Business Travel Card, the Venture X Business Credit Card, and the Capital One Spark Miles 2X Travel Rewards Business Card based on key features, rewards, and fees.

Capital One Spark Miles Select 1.5X vs. Venture X Business Credit Card vs. Capital One Spark Miles 2X Travel Rewards Business Card

Comparison Analysis

• The Venture X Business Credit Card offers the highest sign-up bonus, 150,000 miles, but it has a high annual fee of $395.
• The Spark Miles 2X Travel Rewards Business Card and Spark Miles Select 1.5X both have $0 annual fees (for the first year on the Spark 2X) and are cost-effective options for businesses.
• Regarding rewards rate, both the Venture X and Spark 2X offer 2X miles on every purchase, which is more rewarding than the 1.5X rate of the Spark Miles Select.
• The Spark Miles Select card offers a more affordable alternative with a lower APR (17.49%—23.49%) compared to the Spark 2X’s 25.24% variable APR.
• All three cards offer no foreign transaction fees and allow miles transfers to 15+ travel partners, making them great for international travelers.

Which Card is Worth Buying?

If your business can handle the higher spending requirement for the Venture X Business Credit Card, the 150,000 miles bonus may provide substantial rewards. However, if you prefer a card with a $0 annual fee, the Spark Miles Select 1.5X or Spark 2X may be better. The Spark Miles 2X offers a slightly higher rewards rate with an introductory $0 fee for the first year. If simplicity and low costs are your priority, the Spark Miles Select 1.5X is a solid option.

Why You Might Think About a Different Credit Card than Capital One Spark Miles Select 1.5X Business Travel Card

The Capital One Spark Miles Select 1.5X Business Travel Card is an excellent option for small business owners, offering unlimited 1.5X miles on every purchase and no annual fee. However, it might not be the best fit for every business. Suppose you want higher rewards, more flexible categories, or premium travel benefits. Consider other business credit cards that can better align with your spending patterns and goals.

Here are a few other credit cards to consider:

1. Chase Ink Business Preferred Credit Card

• Rewards Rate: 3X points on the first $150,000 spent on travel, shipping, internet, and advertising purchases and 1X on other purchases.
• Sign-up Bonus: 90,000 points after spending $8,000 in the first 3 months.
• Annual Fee: $95
• Why Consider: With 3X points on select categories, this card is ideal for businesses that spend heavily on travel or marketing. Plus, the high sign-up bonus provides an excellent value.

2. American Express Business Gold Card

• Rewards Rate: 4X points on the two categories where your business spends the most each month (up to $150,000 in purchases).
• Sign-up Bonus: 100,000 Membership Rewards points after spending $15,000 in the first 3 months.
• Annual Fee: $395
• Why Consider: If your business spends in specific categories, this card offers 4X points, making it more rewarding than the 1.5X miles of the Spark Miles Select.

3. Capital One Spark Miles for Business

• Rewards Rate: 2X miles on every purchase.
• Sign-up Bonus: 50,000 miles (worth $500 in travel) after spending $4,500 in the first 3 months.
• Annual Fee: $95 (waived the first year)
• Why Consider: The Capital One Spark Miles for Business offers 2X miles, better than the 1.5X miles of the Spark Miles Select. The lower annual Fee in the first year makes it a more budget-friendly option.

4. The Blue Business Plus Credit Card from American Express

• Rewards Rate: 2X points on the first $50,000 spent yearly, 1X after that.
• Sign-up Bonus: 15,000 points after spending $3,000 in the first 3 months.
• Annual Fee: $0
• Why Consider: If you’re looking for a no-annual-fee card with higher rewards (2X points), the Blue Business Plus is an excellent choice for moderate-spending businesses.

5. The Business Platinum Card® from American Express

• Rewards Rate: 5X points on flights and prepaid hotels booked through American Express Travel.
• Sign-up Bonus: 150,000 points after spending $20,000 in the first 3 months.
• Annual Fee: $695
• Why Consider: If your business frequently travels, this card provides premium travel benefits, including 5X points on flights and access to airport lounges, making it ideal for heavy travelers.

In summary, while the Capital One Spark Miles Select offers solid benefits, businesses with specific needs for higher rewards rates, more spending flexibility, or premium travel benefits may find more value in other cards like the Chase Ink Business Preferred or American Express Business Gold Card. Choose the card that aligns best with your business spending habits and goals.

See How Much You Could Earn Based on Your Monthly Spending

The Capital One Spark Miles Select 1.5X Business Travel Card offers rewards tailored to businesses seeking travel benefits. This card rewards 1.5X miles on every purchase and 5X miles for hotels and rental cars booked through Capital One Travel. Below is a table showing how much you could earn based on your monthly spending and the card’s rewards structure.

See How Much You Could Earn Based on Your Monthly Spending

Important Note:

1. The 1.5X miles column assumes standard spending across all purchases.
2. The 5X miles column assumes all spending is directed towards Capital One Travel for hotel and car bookings.
3. For mixed spending, the rewards will fall between these ranges.

This table highlights the card’s earning potential based on spending habits, especially if travel-related purchases are prioritized.

Application and Approval Process

To apply for the Capital One Spark 1.5x Miles Select Business Credit Card, follow these simple steps. First, check your eligibility. You must own a registered business or have authorization to apply on behalf of one. Ensure your credit score is between 670 and 850 for the best chance of approval.

Once you’re ready, apply online for a quick and easy process. Visit the Capital One website and fill in your basic business and financial details. You’ll also need to provide your Social Security number for identity verification. Alternatively, you can apply over the phone calling or use the Capital One mobile app for convenience.

Make sure you have all the necessary documents and information ready to ensure a smooth application. This includes your business details, financial info, and personal identification.

Customer Support

For any assistance, card members can contact customer support through the following channels:

• Helpline Number: 1-800-227-4825
• Fax Number: 1-800-329-0139
• Official Website: Capital One 

FAQs: Capital One Spark 1.5X Miles Select Credit Card Review

Is the Capital One Spark Miles Select Worth It for Business Owners?

The Capital One Spark Miles Select 1.5X Business Travel Card is an excellent option for business owners who want to earn rewards on travel and everyday purchases. With 1.5X miles on every purchase, a generous 50,000-mile bonus, and no annual fee, the card offers excellent value for businesses that frequently make travel purchases.

If you’re looking for a business travel card offering simple rewards with flexible redemption options, the Spark Miles Select is worth considering.