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

Mar 11, 2022

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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.

In This Post

An artistic photo of the Spark Cash Plus Business Card.
(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.

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

Female artist in her studio standing and looking at her laptop.
(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 photo by Thomas Barwick/ Getty Images.

Chase Sapphire Preferred® Card

WELCOME OFFER: 80,000 Points

TPG'S BONUS VALUATION*: $1,600

CARD HIGHLIGHTS: 3X points on dining and 2x points on travel, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

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More Things to Know
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®.
  • Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
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  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
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Regular APR
16.24% - 23.24% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

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