Capital One replaces Spark Miles with Venture Business card offering $150 in annual credits

New business cardholders can no longer apply for the Capital One Spark Miles for Business card. Its replacement, the Venture Business card, offers $150 in combined annual credits across business travel, software, advertising, and lifestyle stays—$5 more than its $95 annual fee if just two credits are used. The card earns 5 miles per dollar on travel booked through Capital One Business Travel and 2 miles on all other purchases. A welcome offer delivers up to 150,000 bonus miles—valued at $2,775 by TPG’s April 2026 rates—after $30,000 in spending within six months. The card is open to small businesses and gig workers, including sole proprietors. Existing Spark Miles cardholders retain their accounts but must apply separately for the Venture Business card; no product change is allowed.