Why You Might Want This Card

Potential 300,000 Point Bonus

The sign-up bonus is an uninspiring 50,000 points after requiring a hefty $4,500 spend in the first 3 months. But if you want to swing for the fences, you can get a 200,000 point bonus by spending $50,000 in the first 6 months (it's a special offer that comes around annually). This isn't attractive to most people. But for people with big business spends, this can be a good option. When combined with the 2x miles, you'll earn 300,000 points total, meaning you'll earn 6 cents plus back on spends in virtually every category. On the other hand, if your goal is to keep earning, this card will make that happen. Earn unlimited 2x miles per $1 on every purchase. If you book hotels or travel, you'll get 5x points. That's a nice boost to your point total. Once you're ready to redeem your points, you have two choices: You can either "erase" a travel purchase at 1 cent per point, or transfer to one of their numerous airline partners to book your travel.

Check out our Capital One Miles page for more details on how to best use Capital One Points.

Bottom Line

If you're stuck in 5/24 purgatory, but you have some sizable business spends coming up -- this might be a solid no-hassle business card for you. You don't have to keep track of much, but you'll have to wait on the 200,000 point bonus special offer. The 50,000 point sign-up bonus might be attractive enough for smaller spenders due to Capital One Miles flexibility.