1. Rewards Program: The Spark Miles Select card is part of Capital One’s family of travel rewards cards. It typically offers unlimited 1.5 miles for every dollar spent on purchases. The miles earned can be redeemed for a variety of travel-related expenses, providing businesses with flexibility in how they utilize their rewards.
2. No Annual Fee: One of the notable features of the Spark Miles Select card is its lack of an annual fee. This makes it an appealing option for businesses looking to maximize rewards without the burden of ongoing costs.
3. Introductory APR: Capital One often provides an introductory 0% APR period for purchases. This feature can be advantageous for businesses that plan to make significant purchases shortly after acquiring the card, allowing for a temporary reprieve from interest charges.
4. Travel-Focused Benefits: In addition to the rewards program, the Spark Miles Select card may offer travel-centric benefits. These can include features such as travel accident insurance, auto rental insurance, and no foreign transaction fees, making it a practical choice for businesses with international spending.
5. Simple Redemption Process: The miles earned with this card can be redeemed through a straightforward process. Cardholders can use their miles to offset travel expenses, book flights or hotels, or even receive a statement credit. This simplicity adds to the card’s appeal for businesses seeking uncomplicated rewards.