Capital One has a $750 bonus available for its Spark Cash Business Card. The spending requirement is a bot high though and there’s also some extra issues with Capital One bonuses.
Spark Cash $750 Bonus
Earn a $750 bonus if you spend at least $7,500 within 3 months of your rewards membership enrollment date. Once you qualify for this bonus, it will be added to your rewards balance within two billing cycles.
$0 intro for the first year, $95 after that
- Earn unlimited 2% cash back on every purchase for your business
- No foreign transaction fees.
There’s two issues with these offers. The first being that Capital One pull from all three credit bureaus when you apply for a credit card. You could freeze Experian or Transunion and they will still approve you with only two pulls. Then there’s the fact that Capital One business cards report to personal credit reports. If you’re worried about 5/24, then this card might not be for you.
Then there’s the spending requirement. You need to spend $7.5K to get the bonus. That’s a lot of spending to be done in three months. But you’re still getting a great return for your spending. You get 10% through the bonus and then you have 2% everywhere that’s earned on all spend. That’s a total of 12% and you’ll have $900 in rewards once your spending is done.
We have seen targeted and public offers of as high as $1,000 for this card.
If you can handle the high spending requirement and are not worried about the credit pulls, then it could be worth it. You might want to wait for a $1K bonus though if you can handle $10K spending. There’s no expiration date on this offer, but I doubt this offer will last long.
HT: Doctor of Credit