The Capital One Spark Miles for Business is a solid Capital One Travel portal. But if you're willing to do a little more legwork, you can get even more value when you transfer miles to best 0% APR offers.
Capital One Spark Miles for Business Credit Card Frequently Asked Questions (FAQ)
What credit score do you need to be approved for the Capital One Spark Miles for Business?
Most people who are approved for the Capital One Spark Miles for Business have an FICO score of 800 or higher.
Capital One has its own definition of excellent credit as well. It defines excellent credit as never having declared bankruptcy or defaulted on a loan, not having been more than 60 days late on any credit card, medical bill, or loan in the last year, and having had a loan or credit card for three years or more with a credit limit above $5,000.
Who is eligible for the Capital One Spark Miles for Business Credit Card?
To be eligible to apply for the Capital One Spark Miles for Business, you'll need to have a business. That doesn't necessarily mean you need to run a full-time corporation or even have a formal business structure like an LLC. Plenty of folks qualify for small business cards with part-time ventures and side gigs like Uber driving, freelancing, or reselling on eBay.
How do you redeem Capital One Spark miles?
Capital One miles are incredibly flexible. You can cash them as statement credits toward eligible travel purchases made with your card, use them to book flights, hotels, and car rentals through Capital One Travel, transfer them to airline and hotel partners, use them for gift cards, or (not a great option) redeem them for cash back.
Do Capital One Spark miles have a cash value?
When you redeem Capital One miles for travel statement credits, bookings with Capital One Travel, or gift cards, you'll get a value of 1 cent per miles. Transfers to airline and hotel partners result in different values (often higher) depending on the partner and how you redeem your rewards. And redemptions for cash back offer a relatively poor value at just 0.5 cents per mile.
Methodology: How we reviewed the Capital One Spark Miles for Business Credit Card
We evaluated the Capital One Spark Miles for Business in comparison to similar rewards business cards and assessed several factors, including:
Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any card issuer. Read our editorial standards.
Please note: While the offers mentioned above are accurate at the time of publication, they're subject to change at any time and may have changed, or may no longer be available.
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