The Capital One Financial Corporation is headquartered in the United States with other banking locations worldwide. It is the issuer of a broad array of credit cards, savings products, commercial banking, and mortgages. The credit cards issued by the bank range from everyday cards to business credit cards. Capital One is among the largest banking institutions in the United States in terms of assets.
Overview of the Capital Spark Miles Select Credit Card
The Capital One Spark Miles Select Credit Card is a travel card that gives your business liberty to earn unlimited 1.5 miles per dollar spent on any purchase. It is a great option for business owners who frequently travel yet wish to have a simple travel credit card with no annual charges. Furthermore, the credit card is showered with an impressive amount of rewards.
Unlike a regular business travel credit card, the bonus categories are not restricted to your business. You can earn a 1.5 miles per dollar spent on any purchase through the Capital One Spark Miles Credit Card. The rewards rate is quite high for any credit card with a $0 annual fee.
Furthermore, the bonus categories tend to offer rewards on operating expenses. The card that has such rates associated usually carry a 1% rewards on purchases.
Benefits of the Capital One Spark Miles
- The Capital One Spark Miles credit card lets you earn 1.5 miles on every purchase made through it.
- The earned miles do not expire for the entire lifetime.
- One can earn a one-time bonus of 20,000 miles on spending $3,000 on purchase made within 90 days of account opening.
- The credit card does not pay an annual fee or any foreign transaction charges.
- Spark Miles Select Credit Cardholders can use the card for ticket purchases on any airlines.
- There are no blackout dates or seat restrictions.
Capital One Spark Miles Credit Card Rate and Fee
- The APR rate of the credit card is 0% for the first 9 months after opening account.
- APR for balance transfers amount to 14.74%, 18.74% or 22.74%, based on your creditworthiness.
- APR for cash advances is 24.74%.
- The penalty APR is 31.5%.
- The annual fee is $0.
- There are no charges for foreign transactions
- Late payment fee is up to $39.
Capital One Spark Miles Select Credit Card Review
The credit card has a lot of privileges associated with it. It is simply designed for ones who are looking for a simple business travel credit card. The card is a must have those who have been in search of a travel rewards card with no annual fee.
There are no cons to the credit card. However, the APR rate might be a bit high for some. Read the application steps if you have decided to get the card.
- For approval, one must have an excellent credit score
- Have an SSN
- Be a resident of the United States
How to Apply for the Capital One Spark Miles Select Credit Card
Step 1– In order to obtain the Capital One Spark Miles Credit Card you need to open the application page. www.capitalone.com/small-business/credit-cards/spark-miles-select
Step 2– Below there will be an application form. Fill in the following business data to begin:
- Business Name
- Business Name as it will appear on the card
- Business address
- Business phone number
Step 3– Now fill in the additional business information in the next section:
- Business legal structure
- The business tax id number
- Business ownership type
- How old is the business
- Type of industry
- Annual business revenue
- Business spending per month
- How often do you carry a balance
- Largest purchase made through the card
- Choose whether your business is headquartered in the U.S
Step 4– Enter the desired data in the personal information section that includes- your full name, address, and phone number. Read and agree to the disclosures and finally click ‘Continue’.
Check Application Status
If you wish to check the status of your Capital One Miles Select Credit Card you must call on 1-800-903-9177. Usually, the applicants get a response within a few minutes of submitting their application. If you haven’t got a response yet, you can call on the number above.
Activate a Capital One Spark, Credit Card
To activate a Capital One Spark Miles Select Card you must go to www.capitalone.com/activate.
Wait till the activation website opens. You need to log into an existing account. After logging in there will the activation section. Type in the last 3 digit code at the backside of your card and your card will be activated.
How to Log into Capital One Spark Miles Select
Step 1– For logging into a Miles Select Credit Card account open the sign in page. verified.capitalone.com/sic-ui/#/esignin
Step 2– At the top, there will be the login section. Enter username and password and hit the ‘Sign In’ button.
Step 3– Next you will be directed to the account management console, from where you can pay bills, view transaction history and more.
Forgot Username or Password
Step 1– To set new login credentials you need to select the link that reads ‘Forgot your username or password?’
Step 2– Next the password recovery page will open where you need to enter last name, SSN and birth date. Wait till your identity is confirmed and the bank will let you reset username or password.
How to Enroll
Step 1– To set up online credit card access one must visit the enrolment page of Capital One.
Step 2– On the registration website, the user needs to enter the last name, SSN and birth date.
Step 3– The system will find your credit card account and you will be lead through the enrolment procedure.
How to Pay Bills
For making an online payment of your Spark Miles Select Credit Card bill, sign into your account. Once signed in there will be a ‘Payment’ tab on the account management console.
Fetch in payment information and pay using a savings or checking account.
The user can also send the payment to the address below:
Capital One Attn:
PO Box 30285 Salt Lake City, UT 84130-0285
For help with the account, you can call on 1-800-867-0904.
The Capital One Spark Miles Credit Card overall is a good credit card for anyone who is a business traveler. However, you might consider comparing it with the Discover It travel card or some other business travel cards in this range. In the meantime, the existing users are offered loads of account management benefits that add to their comfort.