Capital One Venture Business Credit Card Review
Key Takeaways
The Capital One Venture Business is a solid option for business owners looking to earn transferable Capital One miles with a simple rewards structure. The 100,000-mile welcome offer provides a strong starting balance, while the unlimited 2x miles on all purchases makes it easy to keep earning without tracking bonus categories. Unlike the Spark Miles card it replaced, the Venture Business no longer counts against your 5/24 status, making it easier to fit into a broader card strategy. If you want transferable miles without paying for the Venture X Business, this card offers a good middle ground.
Why This Card Could Be Right For You
The sign-up bonus of 100,000 miles is strong and requires $10,000 in spending within the first 3 months. There is a small $95 annual fee that could be recouped pretty easily with two annual $50 credits:
- $50 in annual travel credits when booking through the Capital One Business Travel portal
- $50 in annual statement credits on eligible advertising and software purchases
Here are some other benefits of the card:
- Straightforward Earning: Earn 2x miles on all purchases, making it simple to accumulate miles quickly toward your bonus. Earn 5x miles on hotels and rental cars booked through the Capital One portal.
- TSA PreCheck or Global Entry Credit: Receive a credit (up to a $120 value) toward TSA PreCheck or Global Entry. However, if you follow typical rewards advice, you might already have this perk from another card. Since these memberships last four years, this benefit might not hold significant value if you already have it.
- Transfer Flexibility: Capital One offers over 15 airline and hotel transfer partners, providing numerous redemption options.
- Purchase Eraser Feature: Capital One’s unique "purchase eraser" function allows you to use miles to offset travel-related expenses, including travel purchases like vacation rentals, which typically don’t have direct credit card partnerships.
When The Usual Advice Doesn't Apply
This card may not be right for you if:
- You are focused on maximizing category bonuses rather than earning a flat 2x on all purchases.
- You can justify a premium business card with stronger perks and travel benefits.
What to Know About Capital One Miles
Capital One is a flexible point system we use for travel items that other systems don't cover
- Partner transfers are niche airlines and hotel brands, making the points more difficult to maximize
- Using an award search tool such as PointsYeah makes finding flights with those airlines more realistic
- Simple redemptions for erasing travel can be useful for cruises & rental cars (at 1¢/point so value isn’t maximized)
- Capital One is particularly attractive to businesses with large spending
How The Capital One Venture Business Credit Card Fits In The Capital One Miles Ecosystem
Capital One’s six business cards are split into cash back and miles-earning options. We generally prefer miles cards for access to transfer partners, though cash back can be converted to miles if you also hold a miles-earning card.
Approvals are limited to one every six months, so choosing the right order matters. Out of the five options below, the first three count against your 5/24 while the last two do not:
- Capital One Spark 2% Cash: 100,000 point signup bonus (redeemable as cash-back) after spending $10,000. $95 annual fee, waived year one.
- Capital One VentureOne Business: 50,000 miles after $4,500 in purchases. No annual fee and earns 1.5x miles.
- Capital One Spark 1.5% Cash Select: 75,000 point signup bonus (redeemable as cash back) after you spend $6,000. No annual fee, 1.5% back.
- Capital One Spark 2% Cash Plus: High bonus of 200,000 points (redeemable as cash back) tied to large spend ($30,000), plus additional high-spend bonuses. It has a $150 annual fee.
- Capital One Venture X Business: High 150,000-mile bonus matches the $30,000 spending requirement of the Spark Cash Plus but with more premium perks and benefits. This is the highest annual fee at $395.
Card Information
Differentiating Perks
Rules
Card Extras
No extras to display for this card.
Historical Card Offers
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Capital One Venture Business Application Rules
Card approval not subject to 5-personal-cards-in-24-months rule
You won’t be approved for a second Capital One card if you’ve opened one in the past six months
