Limited Time Offer: Earn Up To 300,000 Miles Or $3,000 Cash Back On Capital One Business Cards!

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  • For a limited time only, the Capital One® Spark® Miles for Business is offering 50,000 miles for spending $5,000 in 3 months and another 150,000 miles for spending another $45,000 within 6 months, for a potential signup bonus of 200,000 points!
    • The card earns 2 miles per dollar everywhere, so you’ll have 60,000 miles after spending $5,000 in 3 months or 300,000 miles for spending $50,000 in 6 months.
    • You can earn 5 miles per dollar for hotels and car rentals booked via Capital One Travel.
    • These miles can be used for paid travel at a rate of 1 cent per mile or they can be transferred into airline miles at a 2:1.5 ratio.
    • 60K Capital One miles can be used for $600 in free travel or transferred into 45K airline miles.
    • 300K Capital One miles can be used for $3,000 in free travel or transferred into 225K airline miles.
  • For a limited time only, the Capital One® Spark® Cash for Business is offering $500 cash back for spending $5,000 in 3 months and another $1,500 cash back for spending another $45,000 within 6 months, for a potential signup bonus of $2,000 cash back!
    • The card earns 2% cash back everywhere, so you’ll have $600 cash back after spending $5,000 in 3 months or $3,000 cash back for spending $50,000 in 6 months.
    • The effective cash back on $5,000 of spending is 12%
    • The effective cash back on $50,000 of spending is 6%
  • Both cards have a $95 annual fee, which is waived for the first year.
  • Both cards have no foreign transaction fees.
  • Both card offer price protection up to $500/item and $2,500 per year within 60 days of purchase.
  • You can earn the bonus on these cards even if you have had them previously.
  • Note that Capital One pulls and reports to all 3 of your credit reports and they report business cards on your personal credit report.

The Spark Cash card is a simple cashback card. If you also have a Capital One® Venture® Rewards Credit Card or a Spark® Miles Card you can transfer that cashback to those cards and then transfer into airline miles.

The Spark Miles card can be used towards paid travel or they can be transferred into airline miles. You can book paid travel via any booking method and then get a refund for that purchase by requesting to use your points at a value of 1 cent each.

The Venture and the Spark® Miles cards also come with Global Entry/Pre-Check Membership. You can reimbursed for those fees ($85 for Pre-Check or $100 for Global Entry and Pre-Check) every 4 years. Membership lasts for 5 years, so you will be able to renew before your membership lapses. Global Entry/Pre-Check make flying so much easier. I got Global Entry and Pre-Check for free for my entire family via credit cards that offer free membership!

Unlike other banks that have transfer restrictions, you can freely transfer Capital One points to other cardholders!

Capital One shocked the mileage world when they announced last November that their points would be transferable into real airline miles. You can transfer points from Capital One Venture or Spark Miles into these 12 airline programs at a 2:1.5 ratio:

  • Aeromexico (SkyTeam)
  • Air Canada Aeroplan (Star Alliance)
  • Air France/KLM Flying Blue (SkyTeam)
  • Alitalia (SkyTeam)
  • Avianca LifeMiles (Star Alliance)
  • Cathay Pacific Asia Miles (OneWorld)
  • Etihad (No alliance)
  • EVA (Star Alliance)
  • Finnair (OneWorld)
  • Hainan (No alliance)
  • Qantas (OneWorld)
  • Qatar (OneWorld)

You can also transfer points from Capital One into these 2 airline programs at a 2:1 ratio:

  • Emirates (No alliance)
  • JetBlue (No alliance)
  • Singapore (Star Alliance)

For example you could transfer points:

Capital One also has monthly transfer bonuses! 

Currently you can get a 33.3% bonus when you transfer points to Qantas. They have also had 25-100% transfer bonuses to Emirates, Flying Blue, JetBlue, and Lifemiles.

These are business cards, but you may already have a business that needs a card to keep track of expenses. For example if your name is Joe Smith and you sell items online, or if you have any other side business and want a credit card to better keep track of business expenditures you can open a business credit card for “Joe Smith” as the business name. You don’t need to file any messy government paperwork to be allowed to do that. Just be sure to select “Sole Proprietorship” as the business type and just use your social security number in the Tax Identification Number field.

It’s important to just write your own name as the business name if you are just applying for your own small business as a Sole Proprietorship that doesn’t have any business paperwork.

Will you apply for one of these limited time offers?

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71 Comments On "Limited Time Offer: Earn Up To 300,000 Miles Or $3,000 Cash Back On Capital One Business Cards!"

All opinions expressed below are user generated and the opinions aren’t provided, reviewed or endorsed by any advertiser or DansDeals.

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bigissy

Capital one website says:

“Up to 200,000 Bonus Miles
Earn 50,000 bonus miles when you spend $5,000 in the first 3 months and earn 150,000 bonus miles when you spend $50,000 in the first 6 months of your account.”

J

Are you sure that I will still receive the 2 cent cash back on the $50000 besides the $2000 bones ?

Jack

I just opened this miles card. You think they would match the deal for the 200,000 miles?

Anonymous

Do you know if this card offer 0% on purchase or balance transfers for 6, 12, 18, or 21 months?

Thanks in advance!

SoCal Dude

I want to get this but just can’t see hitting $50K of spend within 6 months unless anyone has any ideas? Post or send me private message through Dans Deals Forums. Thx!

yy

You can file for an extension with the IRS and include a large payment. You can then file your taxes shortly thereafter and get the money back as a refund. You’ll pay a fee of 1.87% through pay1040.com. Since this card doesn’t have a 0% APR deal, you’d better have enough cash available to pay it off.

JS

If I have the spark miles and apply for spark cash, can I transfer credit line from one to the other?

Yy

I was trying to move credit from one spark business to my new spark business and they did not allow me they work differently then other banks

Paron

Both cards need to be opened for at least 6 months to allow to move credit

Joe

If I have the spark Cash Card and I got this bonus with that can I apply for the spark miles now as well?

Larry

Will they show the Balance that I carry on my personal credit?

Ls

I have the spark cash which does show on my personal credit despite being a business card. I guess capital one is different In that aspect, my business chase and Amex cards do not.

Jeremy

Dan, I recently decided to go all in on chase. I have several different cards with them including the chase sapphire reserve. How does this card compare?

Sam

Capitol one business cards count toward 5/24

Queensdeals

Your welcome 😉

Why dont you ever post the 2.65% cash back from BofA premium reward card? For those seeking a cash back option, its as good or better than the Quinfecta, and probably the best on the market.

100/24

To earn 2.65% you need to have $100k+ at Bofa in “qualifying assets”

Paron

Does Capital One have a 5/24 rule?

1991

Isn’t etihad in oneworld?

James

Does this offer have an expiration date (to apply)?

yy

You just have to read the heading, not even the whole post, to find the answer.

dave

Does Capital One have a Recon department?

Solo3

If I currently have this card will I get approved for another one and will I get the bonus?

Israel lover

Is there an end date for this offer?

dave

if I got this card in the past for one business, can I apply for this one now with another business and get the Bonus?

ZG

Can i get multiple free Global Entry for added authorized card users?

Mosh

Can I get two cards for two businesses.

Thanks

nope

Is it worth it to just get the card and pay someone $50,000 with PayPal. If I’m not spending that much anyways ? .029% = $1,450 + .30 fee. Minus the $3,000 value == .1.5k ??

Ari

Pay a lot of diff people or gonna get flagged by paypal and prob Capital one as well

yitzy

Hi Dan, I have already the spark card under my business EIN which i opened few years ago, can i open one under my personal ss and get the bonus again ?

Jason

Is this true: The Spark Cash card is a simple cashback card. If you also have a Capital One® Venture® Rewards Credit Card or a Spark® Miles Card you can transfer that cashback to those cards and then transfer into airline miles.

I called customer service and they don’t think you can transfer from cashback to miles. I already have the Spark Miles, thinking about getting the Spark Cash and wanted to have the option of converting it into miles, but cannot get confirmation from Capital One.

Ray

Why don’t u just open a second spark miles.

Mordechai

Amex, gives very high credit lines, how does Capital One compare ?

Mordechai

Capital One allows transfering miles to other Capital One accounts, does CapitalOne allow a 2nd user card and then to link that user’s Frequent Flyer account to your CapitalOne so that you can transfer directly to their Frequent Flyer account ?

az

could i apply without a business?

Yisroel Blau

Will it show up on my personal credit if I have an ein number?

Rita W

Dan has failed to mention that
1. Capital One will pull ALL 3 of your credit reports
2. Capital One reports ALL business cards to you personal credit (no one else does)
3. Capital One will not approve more than one card in I believe a year.
4. Many other banks consider Cap One cards to be “sub-prime”

Dan you run a great blog but when you’re clearly advertising for Cap One can you please include the not-so-good-parts of the story so everyone has the full picture. No other biz cards report to credit (unless you default of course)

nope

I like that comeback.
Dan Rock’s

Leibel Karmel

Hi Dan,

I never spoke to you before or tried this venue and we appreciate your talent and great service!

I can spend the 50K over 6 months if I work with this card only and I’m at a loss as which way I should go.

I played the points game right, opening a few cards over the years and now I can’t keep my pants up from all the extra cards weighing down my wallet. HELP!

Presently, I have United Chase mileageplus Explorer (I use for private) and for business, I have a Amex Bonvoy (through you), 3 Chase INK (Business cash and Business plus), a Southwest rapid rewards (I have kids out of state) and an old Citi Card and LL Bean which I never use.

Question, to keep up my (over 800) rating, do I want to close cards after transferring credit limits and have a larger spending to max ratio?

Does my credit score do better if I have more cards and not use them or cancel them?

Is my credit score hurt if I open and close cards every year?

Do I care about $95 fees if all else adds up with the points?

Bottom line: What should I cancel and is this the card to grab?

Thanks

Common sense

In general, it’s not a good idea to grab anything.

yosef

Thanks for the all of the great posts.

of the two – which would you say is the better offer?

Does the potential value of the miles outweigh the devaluation of 2:1.5 miles? In theory – if you can average $0.015 per mile – 225,000 miles = $3375…so the better deal, right? Am I missing something?

Thanks

efraim

I have the same question. What card will be profitable? I plan to sell the points.

Matovu

any reconsideration phone numbers ?
What can be of help to convince them ?

Murray

Can I apply for 2 capital one cards at one shot? I know someone that did and they got rejected on both because capital one said you could only have one card in 6 months.

Avi

I got this message:

All set! Your application is complete.
Thank you for submitting an application for a Capital One credit card! Notification of your application status will typically be sent in 7 to 10 business days; however, in certain circumstances it may take up to 15 days.

typically means declined/approved?
should I call?

j

Does Capital One have a line to HUCA?

daniel

hi I didn’t use my name as the business name on the name of the credit card, will this pose a problem if doing as a sole proprietor without any paperwork?, thanks

Mw

I never had a capital card before. Can I apply for both business cards, the spark miles and spark cash which would net me 600000 miles after spending 100k.

CtownBin

When you say there are no restrictions on transferring to others- do you mean you can transfer the Cap1 points to others with Cap1 cards, or do you mean you can transfer them directly into someone else’s frequent flyer account? Still looking for a way to top off my kids’ Lifemiles accounts- After a trip to Israel at 50%, they are about 700 miles short of 6.5k, and I don’t think there’s a way to do it with AMEX or Chase since they’re too young to even be an authorized user.

@Yehuda

Any tips on recon?

tzip

I will be able to spend that kind of money in June/July and August, can I activate the card then and still get this offer?

joe

Can I downgrade this card to a free card?

Queensdealz

@Dan:
How many hard credit pulls will show up on your credit report if you apply for both miles and cash cards simultaneously?
Will 2 BM work for this?

Chaim

Does Capital One typically require business paperwork?

josef

If I have one already can I open a new one for a separate ein and company but same ss # for personal guarantee
Thanks

ROYA

Dan, Can I apply for the cash card if already have one open? Or need to go with the mileage one?
Thanks!

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