Which Capital One Spark Miles Card Is Finest?

Hyperlink: Apply now for the Capital One Spark Miles for Enterprise Card
I rank the Capital One® Spark® Miles for Enterprise (evaluate) as one of many throughout finest enterprise bank cards, because it’s an ideal card for these trying to get into the Capital One mileage ecosystem.
What many individuals don’t notice is that there’s a no annual charge model of the cardboard — the Spark® Miles Choose from Capital One®. I wished to offer an in-depth comparability of the 2 playing cards, for any small enterprise that may be making an attempt to determine between these two. Is one card an apparent alternative over the opposite?
Spark Miles Vs. Spark Miles Choose Card
Relating to deciding which card is correct to your small enterprise I’d advocate contemplating the annual charges, the sign-up bonuses, the return on spending, and the perks. How do these elements evaluate between the 2 playing cards? Personally I believe the Spark Miles Card is the apparent winner, although everybody can determine for themselves.
Evaluating Spark Miles Card annual charges
To match the annual charges on the 2 small enterprise Capital One Spark merchandise:
- The Spark Miles Card has a $95 annual charge, although it’s waived for the primary 12 months
- The Spark Miles Choose Card has no annual charge
Long run there’s a $95 distinction between the 2 annual charges, whereas within the first yr you gained’t pay an annual charge on both card. After all many individuals want a no annual charge card for good cause, although on this case I believe the annual charge greater than warrants the perks on the premium model of the cardboard.
Evaluating Spark Miles Card sign-up bonuses
Signal-up bonuses are a giant incentive for folks to use for bank cards, and there’s fairly a distinction between the provides on the 2 playing cards:
- The Spark Miles Card provides 50,000 Spark miles after spending $4,500 inside three months
- The Spark Miles Choose Card provides 20,000 Spark miles after spending $3,000 inside three months
Capital One miles are price a minimal of 1 cent every towards a journey buy, although personally I worth Capital One miles at 1.7 cents every. So the distinction between the 2 bonuses is 30,000 Spark miles, that are price a minimal of $300, however which I worth at $510.
Taking a look at it one other method, the distinction in bonuses might greater than cowl the annual charge on the Spark Miles Card for at the least the primary 4 years (because it’s waived the primary yr anyway).
Evaluating Spark Miles Card rewards buildings
Each Capital One Spark Miles playing cards have easy rewards buildings, which offer you lots of flexibility together with your journey rewards:
- The Spark Miles Card provides 2x Spark miles per greenback spent
- The Spark Miles Choose Card provides 1.5x Spark miles per greenback spent
The playing cards additionally supply 5x Spark miles for lodge and rental automotive bookings by means of the Capital One Journey portal.
Spark miles could be redeemed for at least one cent every towards the price of a journey buy, or they are often transfered to a Capital One airline or lodge companion, usually at a 1:1 ratio. Whereas I worth Capital One miles at 1.7 cents every, many others worth Capital One miles at nearer to at least one cent every.
This implies for each greenback spent:
- The Spark Miles provides 2x Spark miles, which is a 2-3.4% return on spending
- The Spark Miles Choose provides 1.5x Spark miles, which is a 1.5-2.55% return on spending
One superior factor is that each playing cards haven’t any international transaction charges. That is fairly uncommon for a no annual charge enterprise card, in order that’s a serious cause to contemplate one in all these playing cards. Truly, the Spark Miles Choose is the one no annual charge enterprise card incomes transferable factors with no international transaction charges.

Evaluating Spark Miles Card perks
The Spark Miles Card has significantly better perks than the Spark Miles Choose Card.
For one, the Spark Miles Card provides a TSA PreCheck or International Entry charge credit score as soon as each 4 years, whereas the Spark Miles Choose Card doesn’t. If that’s one thing you may gain advantage from, then that modifications the primary yr math between the 2 playing cards much more.

On high of that, the Spark Miles Card provides lounge entry twice yearly to any of the next lounges, simply by presenting your card, which is one thing the Spark Miles Choose Card doesn’t supply:
You should utilize your two annual lounge visits both for 2 separate visits only for you, or you need to use them for a single go to with a visitor. Whereas there are after all different playing cards which have extra complete lounge entry perks, they virtually at all times have steep annual charges. This can be a fairly superior perk for a card like this.

Which Spark Miles Card is best for you?
In case your small enterprise remains to be deciding between the Spark Miles Card and Spark Miles Choose Card, let me share a few additional factors to contemplate.
Breakeven level on spending
Taking the sign-up bonuses and annual charge waived for the primary yr out of the equation, long run what’s the breakeven level between the 2 playing cards?
There’s a $95 distinction between the annual charges, and the distinction in earnings charges is 0.5 Spark miles per greenback spent. Capital One miles are price 1.0-1.7 cents every, so:
- At a valuation of 1.0 cents per Capital One mile, you’d recoup the $95 annual charge after $19,000 of annual spending
- At a valuation of 1.7 cents per Capital One mile, you’d recoup the $95 annual charge after ~$11,200 of annual spending
Whereas the mathematics will range, that’s not essentially an enormous quantity to spend. And that doesn’t consider all of the incremental perks of the Spark Miles Card, like lounge entry, a TSA PreCheck or International Entry credit score, and many others.

The choice to downgrade your card is effective
No matter which card you assume makes extra sense to your small enterprise long run, I believe making use of for the Spark Miles Card makes much more sense:
- I might apply for the Spark Miles Card; it has a significantly better bonus (by 30,000 Spark miles, price $300-510), the annual charge is waived for the primary yr, the rewards construction is 33% higher, and you’ll reap the benefits of the TSA PreCheck credit score and lounge entry perks
- After the primary yr determine the way you just like the Spark Miles Card:
- For those who’re getting worth out of it (which I believe most individuals will), proceed utilizing it
- For those who’re not getting worth out of it, after a yr you possibly can name Capital One and downgrade it to the Spark Miles Choose; you retain all of the Spark miles you already earned
There’s just about no draw back to this. For those who downgrade the cardboard after a yr you’ll have acquired the significantly better bonus, the higher Spark mileage earnings charges, and the charge is waived anyway.
I believe many might discover that the Spark Miles Card is price conserving over the Spark Miles Choose Card, and this manner you could have the flexibleness to determine after a yr.

Capital One Enterprise Playing cards have the same dilemma
Capital One has some consistency between private and enterprise bank cards. There are many parallels between the Spark and Enterprise playing cards, with the previous being enterprise playing cards and the latter being private playing cards (although the mileage forex they earn is similar, for all sensible functions)
Previously I’ve in contrast the three playing cards belonging to the Capital One Enterprise portfolio, together with the:
Simply as with Capital One Spark merchandise, I additionally discover that the worth proposition of Capital One Enterprise merchandise is best the extra premium you get.
Whereas the Capital One Enterprise X has a $395 annual charge, I’d argue the advantages greater than offset it, together with the $300 annual journey credit score, 10,000 anniversary bonus miles, a Precedence Cross membership, limitless entry to Capital One Lounges, limitless entry to Plaza Premium Lounges, major rental automotive protection, mobile phone safety, and unimaginable licensed person perks.
Backside line
Capital One Spark Miles are some superior enterprise bank cards. Personally I believe selecting up the Spark Miles Card is a no brainer, given all the nice perks it provides. The cardboard has a a lot larger bonus, a better return on on a regular basis spending, higher perks, and an annual charge that’s waived for the primary yr.
For those who determine after a yr that you simply don’t wish to pay an annual charge, you must be capable of downgrade to the Spark Miles Choose Card with out concern, providing you with the perfect of each worlds.
What’s your tackle the worth of the Spark Miles and Spark Miles Choose playing cards?