Capital One today announced the rebranding of their Spark Miles business card (Annual fee of $95, 2 times anywhere) to become a Venture Business Card. And their Spark Miles Select business card (free of charge, 1.5 times everywhere) to become a VentureOne business card. There’s also a new limited-time 150K sign-up bonus offer on the Venture Business card (Spark Miles) and they added two permanent $50 annual credits.
Card details
Entrepreneurial business
- Annual fee of $95
- $50 annual Capital One Business Travel credit, applicable on eligible bookings made through Capital One Business Travel
- Up to $50 annual software advertising or statement credit on eligible purchases across select categories
- Signup bonus: For a limited time, new Venture Business cardholders can earn up to 150,000 miles: 75,000 miles when they spend $7,500 in the first 3 months, plus an additional 75,000 miles when they spend $30,000 in the first 6 months.
- Earnings from the card:
- 2X unlimited miles on every purchase
- 5X unlimited miles on hotels and car rentals booked Capital One Business Travel, Capital One’s comprehensive business travel management platform
- Up to $120 Global Entry Credit/TSA PreCheck
VentureOne Business
- No annual fee
- 1.5 unlimited miles per purchase with no categories to track or limits to manage
- 5X unlimited miles on hotels and car rentals booked Capital One Business Travel
- Signup bonus: 50,000 bonus miles after spending $4,500 in your first three months as a new cardholder.
Our verdict
Other than the name change, most of the details are the same.
- VentureOne Business is the same as Spark Miles Select. The signup bonus is the same thing as before.
- Entrepreneur Business (Spark Miles) has a number of changes:
- The $95 Venture Business fee is not waived for the first year, as it was previously with Spark Miles.
- Adds $50 annual credit to Capital One Business Travel
- Adds $50 annual ad or software statement credit. This can work for things like ChatGPT and other similar types of fees or subscriptions – check out this post.
- They added a new $150k bonus to the $95 Venture Business card. We once had a similar offer on Spark Miles for 150,000 after spending 50,000 dollars. This new $30K down payment requirement makes the offer that much better. Similar $2,000 bonus in Spark Cash Plus.
Personally I would go for the Venture Business offer, but i guess the bank won’t approve me.
