The Capital One Spark Miles for Business card is no longer available.
With travel expected to make a much anticipated comeback this summer, Capital One announced on April 19, 2021, that it's expanding its travel offerings.
The new suite of features will help cardholders get more out of their travels, whether they're planning an upcoming road trip, a weekend at the beach or an adventure abroad.
Here's what cardholders of the Capital One Venture Rewards Credit Card, Capital One VentureOne Rewards Credit Card, Capital One Spark Miles for Business and Capital One Spark Miles Select for Business* can expect in 2021 and 2022:
- A refreshed miles transfer program: Capital One will add new hotel and airline loyalty programs, such as Turkish Airlines, and will launch a new 1:1 transfer tier
- Two brand new Capital One lounges: The lounges will open at Dallas/Fort Worth International Airport (DFW) in late summer 2021 and at Washington Dulles International Airport (IAD) in 2022
- A new-and-improved travel booking experience: Capital One Travel is partnering with Hopper, the hotel- and flight-booking deal app
Select breaks down below the details of these new Capital One features:
The Capital One Venture Rewards Credit Card has a reasonable annual fee and earns flexible travel rewards, which makes it a great travel card for beginners or heavy travelers.
- Valuable welcome offer worth at least $750 in travel
- You can transfer miles to over 15 Capital One partners, including Emirates Skywards, Choice Privileges and Singapore Airlines KrisFlyer
- No foreign transaction fees
- Lacks ongoing travel benefits such as statement credits or lounge access
- Limited bonus spending category that only applies to certain Capital One Travel bookings
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app
Balance transfer fee
$0 at the Transfer APR, 4% of the amount of each transferred balance that posts to your account at a promotional APR that Capital One may offer to you
Foreign transaction fee
None
A refreshed miles transfer program
Starting April 20, 2021, Capital One is unveiling a new and improved miles transfer program — including the launch of a new 1:1 transfer tier, along with the addition of several top travel loyalty programs.
Venture and Spark Miles cardholders already earn unlimited 2X miles per dollar on every purchase every day, but the new 1:1 miles transfer tier means they will earn 2X travel loyalty points per dollar spent if they transfer their miles to select partner programs. Those programs include Avianca (LifeMiles), Etihad (Etihad Guest), Asia Miles, AeroMexico (Club Premier), Finnair (Finnair Plus), Qantas (Qantas Frequent Flyer) and Wyndham Rewards.
Capital One will also be adding four new loyalty programs to the mix: British Airways (Avios), Choice Hotels (Choice Privileges), TAP Air Portugal (Miles&Go) and Turkish Airlines (Miles&Smiles).
Two brand new Capital One lounges
Capital One will be opening two new lounges: one at Dallas/Fort Worth International Airport (DFW) in late summer 2021 and a second at Washington Dulles International Airport (IAD) in 2022.
Both lounges will be fully outfitted with high-speed Wi-Fi, grab-and-go food, coffee bars, quiet work zones, plus unique amenities like soundproof relaxation rooms, luggage lockers, cycling and yoga rooms and private shower suites.
Capital One says it will be implementing Covid-conscious cleaning protocols and standards within the lounges. Capital One cardholders will be eligible for special entry rates depending on their card.
A new-and-improved travel booking experience
The new Capital One Travel launching later this year is in partnership with Hopper, the popular hotel- and flight-booking deal app.
Benefits offered specifically to Capital One cardholders include:
- Price prediction and alert technology through Hopper's AI-powered dynamic pricing and recommendations. This will help protect customers from pricing volatility and ensure they get great value when booking flights, hotels and rental cars
- Servicing capabilities to help customers easily change or cancel their reservations
- Access to Capital One Travel within Capital One rewards so customers can earn and redeem rewards, while also leveraging Capital One's mobile app and digital messaging capabilities
*Information about the Capital One Spark Miles Select for Business has been collected independently by Select and has not been reviewed or provided by the issuer prior to publication.
