Bank of America Premium Rewards Elite Credit Card vs Capital One Spark Miles Select for Business

Side-by-side comparison of Bank of America Premium Rewards Elite Credit Card and Capital One Spark Miles Select for Business. Compare rewards, fees, APR, benefits, and transfer partners.

Snapshot

	Bank of America Premium Rewards Elite Credit Card	Capital One Spark Miles Select for Business
Issuer	Bank of America	Capital One
Network	Visa	Visa
Card Material	Metal	Plastic
Annual Fee	$550.00	$0.00
Base Rate	1.50%	1.50%
Travel Rewards	2.00x	0.00x
Auth. User Fee	$0.00	$0.00
Foreign Txn Fee	0%	0%
Lifecycle	Available	Available

Welcome Offer

Bonus	None	None
Spend Requirement	—	—
Timeline	—	—

Rewards Breakdown

Base Rate	1.5% (base)	1.5% (base)
Travel	2.0%	1.5% (base)
Restaurants	2.0%	1.5% (base)
Hotels via Capital One Travel	1.5% (base)	5.0%
Rental Cars via Capital One Travel	1.5% (base)	5.0%
Anniversary Bonus	None	None
Portal Boost	1x	1x

Benefits & Partners

Transfer Partners	None	18 partners
Annual Credits	None	None

Transfer Partners

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1:1

Pricing Details

Purchase APR	20.24% - 27.24%	18.49% - 24.49%
Cash Advance APR	29.99%	29.99%
Penalty APR	N/A	N/A
Late Fee	$40	$39
Balance Transfer Fee	undefined% (min $0)	undefined% (min $0)

Insurance & Protections

Auto Rental	Primary	Primary (when renting for business purposes)
Baggage Delay	Covered up to $100 per day for 5 days	—
Baggage Loss	Covered up to $3,000 per passenger	—
Cell Phone Protection	—	—
Extended Warranty	Extends warranty by 1 year	Extends warranty by 1 year
Purchase Protection	Covered up to $10,000 per claim	—
Return Protection	Covered up to $300 per item	—
Trip Cancellation Interruption	Covered up to $2,500 per person	—
Trip Delay	Covered up to $500 per ticket for delays over 6 hours	—
Tsa Precheck Global Entry	Up to $100 statement credit every 4 years	—

Usability & Experience

Digital Wallet	N/A	N/A
Instant Card Number	—	—
Credit Bureaus	N/A	N/A

Strategy & Eligibility

Recommended Credit	N/A	N/A
Application Rules	Standard	Standard