Are Spark Miles for Business worth it?

of Capital One Spark Miles for Business Business owners can easily earn and redeem travel rewards while enjoying a variety of other valuable benefits. However, there is an annual fee: $0 introductory fee for the first year, then $95.

Is it worth it? It all depends on how you use your cards and whether you can make the most of their strengths.

If you want to use a new one, Capital One Spark Miles for Business Enough to give you access to the welcome offer. Earn a one-time bonus of 50,000 miles (equivalent to $500 in travel) when you spend $4,500 or more within the first three months of account opening.

Earn 2x Miles for every dollar you spend on eligible purchases. The more you spend, the more miles you earn. Unlike other cards, Capital One Spark Miles for Business It doesn't prevent you from spending a lot of money.

There's no limit to how many miles you can earn, making this card even more valuable to companies that charge well over $50,000 each year.

Additionally, when you book a hotel or rental car, Capital One Travel Portalearn 5x more miles.

of Capital One Spark Miles for Business By offering multiple ways to spend your miles, you have more control over how you redeem your rewards.

• You can use your card to pay for your travel in cash and redeem your miles as a statement credit against travel purchases at a rate of 1 cent per mile. So, by loading a $300 ticket onto his card and cashing out 30,000 miles, you can cancel his $300 charge.

• When you book directly through the Capital One Travel Portal website, you can use your miles to pay for your trip and get a value of 1 cent per mile.

capital one With over 15 partners Includes airline and hotel loyalty programs etihad, air canada and Accor Hotels allows you to transfer Capital One miles. For most partners, 1 Capital One mile earns you 1 point per mile in your favorite loyalty program. Otherwise, points will be transferred in a 2:1.5 or 2:1 ratio. If you're willing to spare a few miles or points to book an award with another program, transportation can be a good option, but… Transfer is better than others.

When traveling for business, time is money. Therefore, it would be a shame to waste your money on long security lines at the airport. With this card, you can get your ticket application fee refunded and get around the airport faster. TSA pre-screening or global entry — Up to $100 every four years. Just pay the application fee by card and it will be refunded.

If you use your card outside of the United States, there are no foreign transaction fees on purchases. For business people who regularly travel abroad, the up to 3% fees charged by other cards on overseas purchases can add up. If you often travel abroad, Capital One Spark Miles for Business's foreign transaction fee-free feature is like money in the bank.

When you purchase eligible items with your card, you're covered for 90 days against theft or damage to your items. Capital One's “Purchase Security” feature provides replacement, repair, or refunds of up to $10,000 per charge and up to $50,000 per cardholder.

If you purchase an item with a manufacturer warranty of three years or less, Purchase Security will extend your warranty for an additional year and cover up to $10,000 per claim and up to $50,000 per cardholder.

For some business owners, Capital One Spark Miles for Business It's well worth the annual fee. If you pay enough to earn enough perks, get a welcome bonus, see value in TSA pre-screening and Global Entry, and want to save on foreign transaction fees, you'll probably choose this card .