Capital One has upped the offer on the business cards and is now offering a $500 sign up bonus for the Spark Cash card and 50,000 Bonus Miles for the Spark Miles card. These are very decent sign up bonuses and Capital One usually gives them out quickly after you fulfill the spending requirements.

I already have the Spark Cash card. I received the same sign up bonus back in November (it was then lowered to $300). But you are better off applying for both cards. Capital One makes a hard pull from all three credit bureaus, so it makes sense to get three pulls and a $1000 bonus.

The annual fee is waived on both cards for the first year. You also get unlimited 2% back on all purchases, which is why I keep my Spark Cash card in my wallet. The two cards are very similar, with the main difference being that one earns cash and the other earns miles.

Spark Cash

• Earn a one-time $500 cash bonus once you spend $4,500 on purchases within the first 3 months
• $0 intro annual fee for the first year $59 after that
• Get unlimited 2% cash back on every purchase, with no minimum to redeem
• 13.9%-20.9% variable APR
• Apply Here

Spark Miles

• Earn a one-time bonus of 50,000 miles—equal to $500 in travel—once you spend $4,500 on purchases within the first 3 months
• $0 intro annual fee for the first year $59 after that
• Earn unlimited 2X miles on every purchase, with no blackouts or seat restrictions, and no minimum to redeem
• 13.9%-20.9% variable APR
• Apply Here

HT: doctorofcredit