Business owners can earn Capital One miles to use on future travel with the new Capital One Venture Business Card. As a new Venture Business cardholder, you’ll also receive a huge limited-time welcome offer worth up to 150,000 bonus miles.
The Venture Business card replaces Capital One Spark Miles for Business and has a similar rewards structure and annual fee. But you’ll also get some additional benefits that can help you save money on business expenses each year.
Here’s what you need to know about the new Venture Business card and how to take advantage of the limited-time bonus.
Read more: The best business credit cards
- Annual fee
$95
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welcome offer
Limited-time offer: Earn up to 150,000 bonus miles: 75,000 miles once you spend $7,500 in the first 3 months and an additional 75,000 miles once you spend $30,000 in the first 6 months.
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Purchase APR
24.49% variables
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Reward Rate
- 5x Miles on hotels, vacation rentals, and rental cars booked through Capital One Business Travel
- 2x miles on every purchase, everywhere
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Benefits
- Receive up to $220 in credits: Receive a $50 annual travel credit for bookings through Capital One Business Travel, up to a $50 annual statement credit for purchases at qualified software or advertising merchants, plus up to a $120 credit for Global Entry or TSA PreCheck® every four years (terms and conditions apply)
- Transfer your miles to 15+ travel loyalty programs
- Redeem your miles instantly for any travel-related purchase, from flights and hotels to ride-sharing services
Venture Business’ welcome offer is two-fold: First, you’ll earn 75,000 bonus miles after you spend $7,500 within the first three months of account opening. You can then earn an additional 75,000 miles after spending a total of $30,000 in the first six months.
In total, there are 150,000 bonus miles.
But don’t also forget the rewards you’ll earn as you work toward that bonus. At 2x miles per dollar, the $30,000 required to earn the full bonus within six months will net you another 60,000. Combined with the 150,000, that means you could earn 210,000 miles in the first six months.
If you redeem your rewards for travel at a value of 1 cent per mile, that’s $2,100 in rewards value. Even without taking into account the miles you’ll earn when you spend, the limited-time bonus alone is worth $1,500 toward future travel.
Capital One Venture Business, like the Capital One Venture Rewards credit card for consumers, is a solid travel card with simple rewards that can help you maximize every purchase to save on future trips.
Although Venture Business has an annual fee, it is quite affordable compared to many other business cards today. It’s also relatively easy to offset against regular business expenses. At the standard 2x rewards rate, you can earn $95 in rewards value after spending $4,750 per year.
With many other business cards with double rewards or 2% cash back available today, you’ll typically find much higher annual fees for unlimited annual rewards or spending limits that limit how much you can earn each year at that rewards rate.
What also sets this card apart from other flat 2x rewards business cards are the additional benefits you’ll get:
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$50 annual travel credit for Capital One business travel bookings
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$50 annual statement credit toward purchases from qualified advertising or software merchants
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Up to a $120 credit toward TSA PreCheck or Global Entry every four years
If you use just the two $50 annual credits each year, you can easily offset this card’s $95 annual fee, even before accounting for the value of the rewards in your spending.
Finally, the limited-time welcome bonus for Capital One Venture Business skyrockets its value for first-year cardholders even more. If the total of $30,000 spent in the first six months is within your business’s budget, you won’t find many cards with higher bonus rewards today.
If that amount exceeds your usual budget, don’t spend more than you can afford just to earn a bonus. Consider applying for the card when you have a large business purchase to make or when you plan to spend more anyway. Otherwise, taking on high-interest debt or even the increased bond amount won’t be worth it.
Read more: Best Capital One Credit Cards
If you’re considering a new card for your business spending, here are a few more options with great rewards for your everyday spending:
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Annual fee
$295
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welcome offer
Earn $1,500 cash back in the form of Rewards Dollars after you spend $50,000 on purchases in the first 6 months (Rewards Dollars can be redeemed as statement credits and at checkout on Amazon.com)
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APR on current purchases
17.74% – 28.49% Variables
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Reward Rate
- 5% cash back* on prepaid flights and hotel reservations through American Express Travel® Online
- Unlimited 2% Reward Dollars back on all eligible purchases
- *Cash back is received in the form of Reward Dollars that can be redeemed as a statement credit and at checkout on Amazon.com.
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Benefits
- No preset spending limit
- Pay over time
- Up to $2,400 in statement credits to use in the next calendar year in American Express One AP® monthly rates after you spend $250,000 this calendar year (monthly rates include an auto-renewing platform access fee; terms apply)
Why we like it: This new Amex business card also earns unlimited 2% cash back on every purchase, plus an additional 5% cash back on select Amex Travel bookings. You’ll pay a large annual fee (see rates and fees), but you can earn a valuable welcome bonus and some additional benefits. This could be a good option if you have a large annual trading budget or prefer cash back rewards.
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Annual fee
$150
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welcome offer
Earn $2,000 cash back after spending $30,000 within the first 3 months, plus get an additional $2,000 cash bonus for every $500,000 spent in the first year.
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Reward Rate
- 5% unlimited cash back on hotels and rental cars booked through Capital One Business Travel
- 2% unlimited cash back on all other purchases (no limits or category restrictions)
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Benefits
- Get your $150 annual fee refunded every year after you spend at least $150,000
- Your spending limit is flexible and adjusts based on factors like your purchase, payment, and credit history.
- You will never be charged interest as your balance is due in full each month.
Why we like it: This Capital One cash back card earns unlimited 2% cash back on every purchase, with 5% cash back on hotels and rental cars from Capital One Business Travel. Although it has a slightly higher annual fee than Venture Business, you can get a fee refund after spending $150,000 in a calendar year. If you have a very large annual budget for business expenses and don’t travel often, this card can offer tremendous value.
Read our full Capital One Spark Cash Plus review
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Reward Rate
- 2x miles on every purchase
- 5x miles on flights and vacation rentals booked through Capital One Business Travel
- 10x more miles on hotels and rental cars booked through Capital One Business Travel
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Benefits
- Each year, you’ll earn 10,000 bonus miles after your account anniversary date and receive a $300 annual credit to use on Capital One business travel.
- Up to $120 statement credit on TSA PreCheck® or Global Entry
- Enjoy access to over 1,300 lounges worldwide, including Capital One Lounges, Landing Lounges and participating Priority Pass Lounges, after registration.
Why we like it: If you travel frequently for business, you can get more value from the premium Capital One Venture X Business Card. It offers similar rewards (with some enhanced miles on select Capital One business travel bookings) with even more annual benefits. You’ll earn a $300 annual travel credit, airport lounge access to Capital One lounges and participating Priority Pass lounges, bonus miles on every account anniversary, and more.
Read our full Venture X Business review
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