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Last chance to earn up to $3,000 cash back with the Capital One Spark Cash Plus

March 11, 2022
6 min read
Small business owner hands card back to customer.
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Update: Some offers mentioned below are no longer available. View the current offers here - Capital One Spark Cash Plus

Capital One had a very exciting year last year with the introduction of the Capital One Venture X Rewards Credit Card and numerous additions to its travel offerings. And after making its mark on the premium travel space, the issuer now has a special offer for business owners looking to earn substantial cash back on their everyday expenses with the Capital One Spark Cash Plus card.

However, there are just a few days left to apply for this limited-time bonus.

Now through March 14, 2022, new cardholders can earn a one-time cash bonus of up to $3,000 after meeting minimum spend requirements in the first six months. That’s right — business owners will earn $500 after spending $5,000 in the first three months and another $2,500 back after spending a total of $50,000 in the first six months of card membership.

But that’s not all.

There are a lot of perks that come with this card in addition to the opportunity to earn this massive welcome bonus.

Here’s why now is a perfect time to add the Spark Cash Plus to your wallet.

(Photo by John Gribben for The Points Guy)

A massive welcome offer

We’ve already given away the most appealing reason to apply for this card (the incredible new bonus) — but it bears repeating thanks to the sheer value.

If you’re approved as a new cardholder, you can earn up to $3,000 in rewards — $500 back after spending $5,000 in the first three months and another $2,500 back after spending a total of $50,000 in the first six months.

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There’s no denying that this is a high threshold to reach in order to earn the full bonus, but many small businesses require large investments in inventory, equipment or supplies on a regular basis. If you have large purchases on the horizon for your company, it could make a lot of sense to pick up this card today.

Read more: 12 ways to meet the spending requirements and earn the bonus on a new card

However, this offer is only available through March 14, 2022 — so be sure to apply before that date.

Unlimited 2% cash back

Capital One is known for making it easy to earn — and redeem — credit card rewards. And this definitely holds true for the Spark Cash Plus card.

Cardholders earn an unlimited 2% cash back on every purchase, and with no limits on spending categories to keep up with, you never have to worry about missing out on rewards. In addition, you’ll earn an additional $200 cash bonus every year you spend $200,000 or more on the card.

In other words, opening the card now and spending $200,000 in the first year would result in a total of $7,200 in cash-back rewards — factoring in the new welcome offer, the $200 bonus and the 2% earning rate.

You can also add employee cards at no additional fee, and you’ll earn an unlimited 2% cash back on all of those purchases, too.

Read more: From 13 credit cards to just 1: Why this small business loves the Capital One Spark Cash Plus card

(Photo by vgajic/Getty Images)

No preset spending limit

The Spark Cash Plus doesn’t have a preset spending limit — a feature that business owners that need flexibility in their spending power can appreciate, since the card adapts to their needs based on their spending behavior as well as their payment and credit history.

Unlike standard credit cards, this means that your balance must be paid in full each month to avoid a late fee. As long as you’re able to pay off your statement each month, you’ll be able to enjoy the full benefits of the Spark Cash Plus.

Related: What’s the difference between a charge card and a credit card?

Rewards don’t expire — ever

Unlike airline miles or hotel points — many of which expire when there’s no activity on your account for a certain amount of time — your cash-back rewards earned with the Spark Cash Plus don’t expire as long as your account remains open.

Cash back can be redeemed as a statement credit or cash in the form of a check, and you can redeem for any amount you wish.

And remember, for a limited time, new cardholders can earn up to $3,000 cash back in the first six months.

Additional card benefits

The Spark Cash Plus comes with additional benefits to provide peace of mind for business owners. $0 fraud liability means you’re covered if your card (or one of your employee’s cards) is ever lost or stolen. And with no foreign transaction fees, you can use your card when traveling abroad without the need to budget for added costs.

The card does come with a $150 annual fee, but with the simple (and rewarding) earning rate and massive bonus for new cardholders, you can easily cover that fee through everyday purchases for your company.

Bottom line

Cash-back business cards offer tremendous flexibility with their rewards, and for a limited time, one business card is offering one of the largest welcome bonuses we’ve ever seen.

New cardholders of the Capital One Spark Cash Plus Card can earn up to $3,000 cash back — $500 after spending $5,000 in the first three months and another $2,500 after spending a total of $50,000 in the first six months.

The card also earns an unlimited 2% cash back on every purchase, and with no preset spending limit nor category restrictions, it gives business owners the flexibility they need from month to month. Employee cards can be added for no additional fee and also earn that same 2% cash back.

However, the new sign-up bonus is only available through March 14, 2022, so apply today before it’s too late.

Featured image by Getty Images
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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See all best card offers

TPG featured card

Best card for premium perks while traveling
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
4 / 5
Go to review

Rewards

2 - 10X points
10XEarn unlimited 10X miles on hotels and rental cars booked through Capital One Travel
5X5X miles on flights booked through Capital One Travel.
2X2 Miles per dollar on every purchase, every day

Intro offer

75,000 bonus miles
Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel

Annual Fee

$395

Recommended Credit

740-850
Excellent
Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Why We Chose It

The Capital One Venture X card is one of the best all-round travel credit cards ever launched. Not only is it offering a tremendous welcome bonus, but cardholders can earn tons of miles on everyday spending and receive a 10,000-mile anniversary bonus to boot. Its annual fee is $395, but cardholders can count on up to $300 in statement credits toward travel booked through Capital One Travel each year and other valuable benefits like access to Priority Pass lounges and Capital One’s own growing family of airport lounges.

Pros

  • Excellent welcome offer worth 75,000 miles after you spend $4,000 on purchases in the first three months.
  • Up to $300 in annual travel statement credits toward bookings make through Capital One Travel.
  • 10,000 bonus miles (worth $100 toward travel) each account anniversary.

Cons

  • The $395 annual fee might be expensive for some, but this card’s benefits provide much more value than that.
  • If you don’t travel frequently, this might not be the best card for you.
  • Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
  • Receive up to $300 back annually as statement credits for bookings through Capital One Travel, where you'll get Capital One's best prices on thousands of options
  • Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
  • Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights booked through Capital One Travel
  • Earn unlimited 2X miles on all other purchases
  • Unlimited complimentary access for you and two guests to 1,400+ lounges, including Capital One Lounges and our Partner Lounge Network
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®
  • Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
  • Named editors' choice for "Best New Credit Card of 2021" by The Points Guy
  • Earn 10 miles per dollar when you book on Turo, the world's largest car sharing marketplace, through May 16, 2023
Best card for premium perks while traveling
TPG Editor‘s Rating
Card Rating is based on the opinion of TPG‘s editors and is not influenced by the card issuer.
4 / 5
Go to review

Rewards Rate

10XEarn unlimited 10X miles on hotels and rental cars booked through Capital One Travel
5X5X miles on flights booked through Capital One Travel.
2X2 Miles per dollar on every purchase, every day
  • Intro Offer
    Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel

    75,000 bonus miles
  • Annual Fee

    $395
  • Recommended Credit
    Credit ranges are a variation of FICO© Score 8, one of many types of credit scores lenders may use when considering your credit card application.

    740-850
    Excellent

Why We Chose It

The Capital One Venture X card is one of the best all-round travel credit cards ever launched. Not only is it offering a tremendous welcome bonus, but cardholders can earn tons of miles on everyday spending and receive a 10,000-mile anniversary bonus to boot. Its annual fee is $395, but cardholders can count on up to $300 in statement credits toward travel booked through Capital One Travel each year and other valuable benefits like access to Priority Pass lounges and Capital One’s own growing family of airport lounges.

Pros

  • Excellent welcome offer worth 75,000 miles after you spend $4,000 on purchases in the first three months.
  • Up to $300 in annual travel statement credits toward bookings make through Capital One Travel.
  • 10,000 bonus miles (worth $100 toward travel) each account anniversary.

Cons

  • The $395 annual fee might be expensive for some, but this card’s benefits provide much more value than that.
  • If you don’t travel frequently, this might not be the best card for you.
  • Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
  • Receive up to $300 back annually as statement credits for bookings through Capital One Travel, where you'll get Capital One's best prices on thousands of options
  • Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
  • Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights booked through Capital One Travel
  • Earn unlimited 2X miles on all other purchases
  • Unlimited complimentary access for you and two guests to 1,400+ lounges, including Capital One Lounges and our Partner Lounge Network
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®
  • Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
  • Named editors' choice for "Best New Credit Card of 2021" by The Points Guy
  • Earn 10 miles per dollar when you book on Turo, the world's largest car sharing marketplace, through May 16, 2023