Costs & Pricing

Metric	Marriott Bonvoy Business® American Express® Card	Capital One Venture Business
Annual fee	$125 (no first-year waiver published)	$95 (no first-year waiver on Venture Business). Legacy Spark Miles was $0 intro year 1, then $95 — do not use that waiver in a 2026 new-applicant calculator.
Employee card fee	$0; up to 99 Employee Cards	$0
Purchase APR	Prime + 12.74% to Prime + 21.74% (marketing 19.49%–28.49% variable at Prime 6.75% as of 1–2 Sep 2026). Placement by creditworthiness at opening. No intro APR.	24.49% variable (marketing page shows a single rate, not a range). Review-captured terms: Prime + 17.74%; updates quarterly. Confirm whether 24.49% is universal or representative.
Intro APR (purchases)	Not offered	Not offered
Foreign transaction fee	$0	$0
Late payment fee	Up to $39; will not exceed Minimum Payment Due	Up to $39 (captured Capital One account-terms / review Schumer boxes)

Rewards & Value

Metric	Marriott Bonvoy Business® American Express® Card	Capital One Venture Business
Base earn rate	2 Marriott Bonvoy points per $1 on other eligible purchases (no published cap). Card-side points only — Marriott member-stay points are a program overlay, not a card rate.	Unlimited 2 miles per $1 on every purchase. No category tracking, no published annual cap. Same earn structure on legacy Spark Miles and live Venture Business.
Welcome bonus	Up to 125,000 Bonvoy bonus points: 75,000 after $6,000 eligible purchases + 50,000 after an additional $3,000 ($9,000 total) within the first 6 months of Card Membership (live public offer, 3 Sep 2026). Rotates — 3+2 Free Night Awards have appeared in other cycles. Offer end date not printed on the Business page.	Live Venture Business (Sept. 3, 2026): 100,000 miles after $10,000 in first 3 months. Product-page footnote: may not be available for existing or previous Capital One Business card holders. Offer expiration date not dated on the live product page.
Redemption value	Issuer does not publish a cent value. Do not invent one. Industry write-ups often use ~0.6–0.9¢ on paid-night replacement; airline transfers often lower. Do not assume 1¢.	Issuer marketing treats miles as 1¢ each for Capital One Business Travel and cover-travel redemptions (request within 90 days). Cash/gift-card value is lower and varies / subject to change (business FAQ). Do not assume 1¢ for cash. Transfers not assumed unless the user picks a partner.
Transfer partners	Marriott Bonvoy airline partners at ~3:1 (not Membership Rewards). Not transferable to Amex MR.	Official partner article (Jan. 29, 2026) — 1:1 airlines: Aeromexico Rewards, Air Canada Aeroplan, Avianca LifeMiles, British Airways Club, Cathay Pacific Asia Miles, Etihad Guest, Finnair Plus, Flying Blue (Air France-KLM), Qantas Frequent Flyer, Qatar Privilege Club, Singapore KrisFlyer, TAP Miles&Go, Turkish Miles&Smiles, Virgin Red. 2:1.5: Emirates Skywards, EVA Air, Japan Airlines Mileage Bank. 5:3: JetBlue. Hotels: Choice Privileges 1:1, Wyndham Rewards 1:1, I Prefer 1:2, Accor Live Limitless 2:1. Miles do not expire while the account is open; may be lost if closed. Minimum transfer not disclosed on that article (third parties often cite 1,000-mile increments).

Credit & Eligibility

Metric	Marriott Bonvoy Business® American Express® Card	Capital One Venture Business
Personal guarantee	Required in substance. CMA: Basic Cardmember and Company jointly and severally liable for all charges, including Employee Card use.	Required in ordinary Capital One small-business underwriting. Card-specific agreement sentence not disclosed in a public PDF located this run. Application collects SSNs of all business owners.
Credit check	No personal-score impact to learn if approved. Personal score may be impacted if approved and the Card is accepted. Business credit may be impacted on submit.	Hard pull on apply is the industry-standard Capital One path; pre-approval tool is marketed as no impact on personal score. Whose credit: owners whose SSNs are submitted.
Employee cards	Up to 99 at $0 AF. Spend limits, merchant-type limits, real-time alerts, freeze/unfreeze, account graphs. Liability remains on Basic Cardmember + Company.	Free; individual limits; receipts/notes in Expense Management; same 2X earn per marketing.
Product type	Revolving business credit card (not a charge card; not a spend-management / net-terms product)	Revolving business credit card with a fixed credit line (not NPSL; not a charge card). Capital One contrasts this with Venture X Business and Spark Cash Plus (pay-in-full / NPSL).

Pros & Cons

Marriott Bonvoy Business® American Express® Card

Pros

• $125 fee with an automatic annual Free Night (≤35,000 points) that can exceed the fee if redeemed against a high cash rate
• Complimentary Gold Elite + 15 ENCs without 25 paid nights
• 4X on four real small-business categories (worldwide restaurants, U.S. gas, U.S. wireless, U.S. shipping) with no published cap
• Up to 99 employee cards at $0 with limits and alerts; $0 FTF
• Apply-to-decision path that does not hit personal credit unless the Card is accepted

Cons

• $125 fee with no statement-credit offset; 35k Free Night cap plus dynamic pricing and resort fees
• Points are Marriott-locked; airline transfers are 3:1
• Purchase APR 19.49%–28.49% variable and no 0% intro — a poor revolver
• Personal / joint-and-several liability
• No lounge access, no Global Entry/TSA credit, thin trip-insurance stack vs premium Amex business cards

Capital One Venture Business

Pros

• Unlimited 2X miles with no category caps, plus 5X on Capital One Business Travel hotels/cars and 15+ transfer partners
• $0 FTF and free employee cards
• $50 travel + $50 ads/software credits can offset the $95 fee if used
• Global Entry/TSA PreCheck up to $120 every 4 years
• Live 100,000 / $10,000 / 3-month bonus is richer than the last Spark Miles 50k / $4,500 offer

Cons

• $95 fee with no year-1 waiver on the live SKU
• No 0% intro APR; BTs not available; purchase APR 24.49% variable
• No lounge access; 5X travel is portal hotels/cars only — not flights, not direct bookings
• Ads/software credit is MCC-fragile
• Spark Miles closed; existing holders must re-apply (no product change) to get new credits and may lose the bonus

Verdict

Marriott Bonvoy Business® American Express® Card

This is the live U.S. Marriott business cobrand — not Bevy/Brilliant, not Chase Marriott Business (closed to new applicants), and not the Canadian $150 / 5X/3X/2X card. It pays when the firm actually sleeps Marriott and uses the Free Night. A hotel-agnostic shopper should use Ink Preferred, Business Gold, or a $0 2% cash card instead. Do not put Bonvoy member-stay points in the card earn column.

Capital One Venture Business

New applicants see Venture Business, not Spark Miles. Existing Spark Miles accounts stay on the old product ($0 year-1 then $95; GE/PreCheck only among this pair’s credits; no $50 travel or ads/software unless they separately apply). Do not mix with VentureOne (1.5X, $0) or Venture X Business ($395, NPSL, lounges). Skip it for 0% float, no-PG underwriting, or anyone who will revolve at 24.49%.