Compare the Features and Benefits of Citi Prestige and
Capital One Spark Miles for Business

Although it has a hefty $495 annual fee, power users can find good rewards.

Citi Prestige Benefits

• Get the 4th night free on hotel bookings of 4 or more consecutive nights made through the Citi travel center – capped at 2x per calendar. Note that all bookings must be made online and will not qualify for most hotel loyalty program’s elite benefits or points earning. The Citi portal is now powered by Booking.com
• You will also get a $250 travel credit every calendar year (super easy to use and automatically applied against all travel charges) and Priority Pass airport lounge access, with full access to Priority Pass Experiences like airport dining.
• Cell phone protection: The Citi Prestige offers up to $1,000 per claim with up to 2 claims per year. Max is $1,500 in a 12-month period with a $50 deductible per claim.

Because of the high annual fee, if you won’t take advantage of the 4th night free benefit, the Citi Premier card is likely a better card for you if your goal is to earn Citi ThankYou points.

This card is no longer available to new applicants. There is not currently a replacement but one is rumored. 

The Spark Miles is a uniquely simple small business credit card.

With 2X Capital One Miles earned per dollar spent on all eligible purchases (plus the option to earn 5X miles on hotels and rental cars booked through Capital One Travel), you can really rack up the miles fast.

And while Capital One Miles used to simply be worth a penny each towards travel, that’s changed entirely since Capital One made their miles transferable.

Many small business owners don’t worry about bonus categories, but they do want as many rewards points for their business spend as possible. And they want, on top of that simplicity, to know they are getting a top end rate of return on spend.

The Spark Miles accomplishes both goals. 2X miles on everything with no limit is among the best options among all small business credit cards. While the Blue Business® Plus Credit Card from American Express also earns 2X points on purchases, it is capped at $50,000 in spend per year whereas the Capital One Spark Miles has no limit.

And then for redeeming your points, you can simply spend them for travel at a penny a point, or you can use the airline and hotel transfer partners.

As for card benefits, the card comes with Primary Car Rental CDW coverage, as long as you are renting for business purposes and also carries extended warranty and purchase protection benefits, provided by Visa Business Signature. Some of these benefits don’t even display on the Capital One marketing pages, but they are on the guide to benefits.

Overall, it’s a super simple card that is an excellent choice for small business owners that love to travel on their time off.

Need to Know: Capital One generally will make an credit inquiry with all three credit bureaus. Your card and revolving balance will also be reported to your personal credit file. That likely doesn’t bother you unless you’re maxing out the card, but if it does, you can browse other credit cards that do not report the credit line to your personal credit profile.