The Capital One Venture X Business Card will launch next week, and it looks very similar to the bank's popular premium credit card

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• Capital One will introduce the new Capital One Venture X Business Card - Product Name Only next week.
• This card is a rebrand of the Capital One Spark Travel Elite card, which was only available through Capital One Relationship Managers.
• It's very similar to the personal Capital One Venture X Rewards Credit Card - Product Name Only, except it's a charge card, not a credit card.
• Read Insider's guide to the best small-business credit cards.

Last year, Capital One quietly launched a small-business rewards card available exclusively to clients with a Capital One Relationship Manager. The Capital One Spark Travel Elite card was noticeably similar to the issuer's premium credit card, the Capital One Venture X Rewards Credit Card - Product Name Only, with parallel earning rates, travel benefits, and annual fees.

Now the cards are even more aligned. The Capital One Spark Travel Elite card will rebrand next week as the new Capital One Venture X Business Card - Product Name Only.

Rolling out a small-business version of the popular Capital One Venture X Rewards Credit Card - Editorial Name Only makes a lot of sense, since the cards are so similar. While there's no word on a new welcome bonus, the Capital One Spark Travel Elite card previously had an intro offer of 50,000 Capital One miles after spending $10,000 on purchases in the first three months, and 200,000 miles after spending $50,000 on purchases in the first six months. 

But it's not all good news, because the Capital One Venture X Business Card - Editorial Name Only won't be available to just anyone. As with its previous incarnation, you'll need to apply for the card through your Capital One Relationship Manager (they're like a liaison between business owners and the bank who help arrange accounts, loans, and other credit). There's no online application link.

Here's what we know so far about the new Capital One Venture X Business Card - Editorial Name Only.

We're focused here on the rewards and perks that come with each card. These cards won't be worth it if you're paying interest or late fees. When using a credit card, it's important to pay your balance in full each month, make payments on time, and only spend what you can afford to pay.

Capital One Venture X Business Card arriving soon

One of the main differences between the Capital One Venture X Business Card - Editorial Name Only and its personal sibling is that it's a charge card — that is, there's no preset spending limit, and you'll need to pay your card off in full each month to avoid a late fee.

Charge cards are handy for small-business owners because they allow the flexibility to make large purchases without running up against a credit limit. That said, no preset spending limit doesn't mean unlimited spending power — banks typically assess your credit profile, payment and purchase history, and other factors before approving big transactions.

Apart from that (and a yet-unknown welcome bonus offer), the Capital One Venture X Business Card - Editorial Name Only is nearly identical to the Capital One Venture X Rewards Credit Card - Editorial Name Only. Cardholders earn 10x miles on hotels and rental cars booked through Capital One Travel, 5x miles on flights booked through Capital One Travel, and unlimited 2x miles on all other purchases.

Both cards have similar benefits well, including:

• Up to $300 per year in travel statement credits toward Capital One Travel bookings
• Priority Pass, Plaza Premium, and Capital One airport lounge access
• 10,000-mile bonus each account anniversary (worth at least $100 in travel)
• Global Entry or TSA PreCheck application fee credit

The Capital One Venture X Business Card - Editorial Name Only earns Capital One miles, just like the Capital One Venture X Rewards Credit Card - Editorial Name Only and other cards such as the Capital One Venture Rewards Credit Card - Product Name Only, Capital One Spark Miles for Business - Product Name Only, and Capital One VentureOne Rewards Credit Card - Product Name Only.

These miles are incredibly flexible, because you can either transfer them to over a dozen Capital One airline and hotel partners to book award travel, or redeem them for statement credits against eligible travel purchases made with your card at a rate of 1 cent per mile.

So far, there's no word on other card details, including the welcome bonus and specific travel or purchase protections. 

If you don't have a Capital One Relationship Manager or don't qualify for a business credit card, all is not lost. The Capital One Venture X Rewards Credit Card - Product Name Only is a much more accessible option, and its currently offering a big welcome bonus of Capital One Venture X Rewards Credit Card - Intro Bonus (worth around Capital One Venture X Rewards Credit Card - Featured Reward Value in travel, according to Insider's valuations).

You can read our full Capital One Venture X Rewards card review for a closer look at what this top travel credit card has to offer.