“Travel and entertainment is a significant spend category for many small business owners. As such, we created the Preferred No Hassles Miles credit card so that our customers could earn the most rewards where they spend the most money,” said Dave Wasik, Senior Vice President, Capital One Small Business.
With no annual fee, customers earn two miles per dollar on all travel and entertainment purchases made with airlines, restaurants hotels, bowling alleys, buses/charters, car rentals, cruise lines, movie theatres, passenger railways, taxicabs/limousines, timeshares, travel agents, and video rental stores. This broadened definition of the travel and entertainment category, which has traditionally been limited to airline and restaurant transactions, coupled with Capital One’s no foreign transaction fee policy, makes this card ideal for business owners looking for more flexibility in earning rewards on their travel and entertainment purchases. Additionally, customers will earn one mile per dollar for all other purchases. Miles can be redeemed for travel, gift cards, merchandise, and even cash that can be put back into their business.
news source : http://www.earthtimes.org/articles/show/
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