Capital One is cementing its place as some of the rewarding bank card issuers by making waves with a suggestion of fifty,000 bonus miles on the Capital One Spark Miles for Enterprise. To earn these bonus miles, you may want to fulfill a spend threshold of $4,500 throughout the first three months of opening a Spark Miles for Enterprise account.

Based mostly on TPG’s valuation of Capital One miles at 1.85 cents every, that is a full bonus value $925.

The strong welcome bonus is simply the beginning; let’s check out a few of the greatest lesser-known advantages of the Spark Miles for Enterprise.

One solution to rapidly rack up your spend to proceed incomes rewards gone the sign-up bonus is by including worker playing cards. Fortunately, Capital One allows you to add worker playing cards to the Spark Miles for Enterprise free of charge, supplying you with extra flexibility over the way you handle your money circulation and extra alternatives to earn rewards (see charges and charges).

It’s also possible to assign a specific worker because the account supervisor, permitting them to have management over making purchases and funds, reviewing transactions and resolving any points.

With a constant incomes price of two miles per greenback on all purchases, the Spark Miles earns about 3.7% again, making it a compelling alternative for on a regular basis, non-bonus spending for each you and your workers.

It is potential to get a better return if you happen to redeem your miles for premium cabin journey via packages like Avianca LifeMiles or Etihad Visitor, however 1.85 cents per mile is a useful baseline to consider.

Sync your transaction historical past to Quickbooks and Excel

The sign-up bonus alone makes it apparent that Capital One is advertising and marketing this card towards higher-spending companies, and the more cash you will have flowing out and in of your accounts over the 12 months, the extra rigorously you may have to maintain information to arrange for tax season.

Capital One needs to make this course of as straightforward as potential. Along with computerized fraud alerts and nil legal responsibility in case your card is misplaced or stolen, you will get personalized itemized spending experiences every quarter and simply obtain and export your transaction historical past to a number of platforms, together with Quicken, Quickbooks and Excel.

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For a card with an affordable $95 annual charge — whose intro annual charge is $0 for the primary 12 months (see charges and charges) — the Spark Miles for Enterprise could also be an ideal match for budget-minded enterprises.

What it does have, along with its 50,000-mile sign-up bonus, is a small however priceless checklist of advantages that may enable you to handle your corporation funds extra effectively and shield you from loss resulting from theft or injury. Whilst you clearly hope to by no means have to make use of these insurance coverage advantages, even a single use would greater than offset the annual charge.

Learn our full evaluate of the Spark Miles for Enterprise right here.

For Capital One merchandise listed on this web page, a few of the above advantages are supplied by Visa® or Mastercard® and should differ by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.

Study Extra: Capital One Spark Miles for Enterprise

For charges and charges of the Spark Miles for Enterprise, click on right here.