Capital One announced today the rebranding of their Spark Miles business card ($95 annual fee, 2x everywhere) to become the Venture Business card. And their Spark Miles Select business card (no fee, 1.5x everywhere) to become the VentureOne Business card. There’s also a new limited-time 150k signup bonus offer on the Venture Business (Spark Miles) card and they added two permanent $50 annual credits.
Card Details
Venture Business
- $95 annual fee
- $50 annual Capital One Business Travel credit, applicable to eligible bookings made through Capital One Business Travel
- Up to $50 annual advertising or software 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.
- Card earnings:
- Unlimited 2X miles on every purchase
- Unlimited 5X miles on hotels and rental cars booked through Capital One Business Travel, Capital One’s all-in-one business travel management platform
- Up to $120 Global Entry/TSA PreCheck credit
VentureOne Business
- No annual fee
- Unlimited 1.5X miles on every purchase with no categories to track or restrictions to manage
- Unlimited 5X miles on hotels and rental cars booked through Capital One Business Travel
- Signup bonus: 50,000 bonus miles after spending $4,500 in the 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. Signup bonus is the same as before.
- Venture Business (Spark Miles) has a number of changes:
- The $95 fee on the Venture Business is not waived for the first year, like it used to be on the Spark Miles.
- Adds $50 annual Capital One Business Travel credit
- Adds $50 annual advertising or software statement credit. This might work for things like ChatGPT and other similar types of charges or subscriptions – see this post.
- They added a new 150k bonus on the Venture Business $95 card. We once a similar offer on the Spark Miles for 150k after $50k spend. This new lower $30k spend requirement makes the offer much better. Similar $2,000 bonus on the Spark Cash Plus.
Personally I’d go for the Venture Business offer, but I assume the bank won’t approve me.
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