Capital One® Venture for BusinessSM

From the CompareCards.com Editorial Team:

Capital One Venture for Business is a business card for those who want to earn some strong rewards that are not limited by expiration dates or caps on how many travel miles you can earn.

Under this generous rewards program you can earn 2 miles per dollar spent on all purchases, plus up to 15,000 bonus miles. Meanwhile those with good credit can qualify for a competitively low APR and transfer APR of just 13.9%. Just for signing up you can earn 5,000 bonus miles, as long as you add at least one employee to the account within the first 60 days, and you can get another 10,000 bonus miles when you spent $1,000 on the card during the first three months that you are a cardholder.

Capital One also beats out many of its competitors by letting you apply your miles to virtually any airline with no blackout dates and no seat restrictions. It’s also easy to calculate your miles by using the simple formula of looking at the price of the ticket and then adding a couple of zeros to that number. If the ticket costs $300, for instance, you’ll need 30,000 accumulated miles to buy it with your rewards points. There is a $59 annual fee, but it will be waived for your first year as an active cardholder.

The Bottom-Line
This is a good business rewards card for those who like an opportunity to earn lots of bonus miles and who want their travel miles program to be easy to use without lots of red tape and restrictive rules. The APR is also competitive and they’ll waive the annual fee your first year.

The Good
If you plan to sign up an employee to your business rewards card then this one will give you bonus points, and they’ll add lots more bonus points if you use the card right away to spend at least $1,000. The APR of 13.9% is really cheap compared to many cards, and they’ll waive your annual fee the first year for an added plus. Using your miles for travel is easy and non-restrictive.

The Not So Good
There is a $59 annual fee after the first year.