If you’re considering the Capital One Spark business credit cards because of their rewards programs, it’s important to know how you can actually redeem those rewards. Luckily, Capital One makes the process fairly simple.
Whether you have a cash back or a travel rewards Capital One business card, you’ll be able to redeem your rewards using your Capital One account online or via their mobile app. Once you’ve logged into your account, you’ll be able to see how many rewards you have and depending on the type of card, you’ll have different options for redemption.
If you have a cash back Spark business card, you’ll be able to redeem your cash back, in any amount, whenever and however you want. You’ll be able to receive your cash back in the form of a statement credit or check, as well as redeem it for credits for previous purchases, gift cards, and more.
On the other hand, if you have a travel Spark business credit card, you’ll have a few more options for redeeming your rewards miles. First, if you want to redeem your miles for travel, you’ll be able to do so by:
Booking your travel using your Capital One business card and using the “Purchase Eraser” account feature online to redeem your rewards for an account credit for the cost of your travel purchase
Booking your travel through Capital One (either going online or by contacting their Rewards Center) and using your miles to pay for your travel
If you want to redeem your rewards for non-travel purchases, you’ll be able to do so through your account, just as you would with a cash back card. You can redeem your miles for cash in the form of a check, account credit, gift cards, and more.