Earn Up To $1,200 Cash Back Bonus Or 120,000 Bonus Miles On The Capital One Spark Cash Plus Card!

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Earn Up To $1,200 Cash Back Bonus Or 120,000 Bonus Miles On The Capital One Spark Cash Plus Card!

Signup bonus:

For a limited time, you can apply for the Capital One Spark Cash Plus and earn $1,200 cash back for opening the card and spending $30,000 in 3 months.

As you’ll also earn 2% cash back everywhere, you would get a total of $1,800 cash back for spending $30,000 in 3 months.

That’s a big spending requirement, but could be worthwhile if you’re looking for a business charge card.

You can earn this bonus even if you have had this card previously. You can get approved for this even if you recently were approved for the Venture X.

If you have a Capital One VentureOne, Capital One Venture, Capital One Venture X, or Capital One Spark Miles card, you can transfer cash back into miles at $1 cash back to 100 miles ratio. That means you can convert the $1,800 cash back into 180,000 miles, where they can be much more valuable!

You can even transfer rewards to any other cardholder!

Annual fee: 

$150. Additional user cards are free.

Annual fee will be waived if you spend $150,000 in a cardmembership year.

Credit reporting: 

Unlike most other Capital One cards, this card does not report spending on your personal credit report, so a high utilization rate of your credit line will not hurt your credit score.

It also means that it won’t hurt your Chase 5/24 count. 

Charge Card with no preset spend limit:

This is a charge card has no preset spend limit. It is a pay in full card with no APR as your balance is due in full monthly.

It can be easier to make big purchases with this card than with traditional credit cards that have a hard credit limit.

Card earnings: 

  • 2% cash back everywhere.
  • No foreign transaction fees.

Excellent MLB Redemptions

Capital One cardholders have access to exclusive tickets to special events such as All-Star Week, the MLB Postseason, and the World Series presented by Capital One.

Plus, you can redeem just $40 cash back for ultra-premium MLB seats in every ballpark, for every game. There are 4 tickets available for every game at that rate. The best time to buy is when each month’s games go live, which are posted here.

I have gone to games with excellent seats in Cleveland, New York, and DC and hope to go to many more using my Capital One miles at an excellent value!

Getting $200 seats for $40 is a great deal!

Card benefits: 

  • Virtual card numbers for making online payments without your card number.
  • Price protection for when items go down in price, up to $500/item and $2,500 per year within 60 days of purchase!
  • Purchase protection for items damaged or stolen within 90 days, up to $10,000 per item.
  • Rental car CDW insurance, primary coverage for rentals for business purposes.
  • Extended warranty of 1 extra year, up to $10,000 per item.
  • Lost Luggage Insurance, up to $3,000 per trip.
  • Travel Accident Insurance, up to $250,000 per person.

Spend Threshold:

You’ll need to spend $30,000 on this card within 3 months for a $1,200 bonus cash back bonus.

You can pay your federal taxes for a 1.85% fee. You’ll come out ahead as this card earns 2% cash back everywhere, in addition to the signup bonus.

My local natural gas company allows me to prepay up to $1,000 on a credit card for a $1.65 flat fee. That’s a great way to earn miles and help meet a spend threshold. My electricity supplier allows me to pay with a credit card for free as long as I am enrolled in autopay.

See this post for more ideas on meeting a credit card spend threshold.

Airline and hotel transfer partners:

If you have a Capital One Venture, Capital One Venture X, or Capital One Spark Miles card, you can transfer cash back into miles at $1 cash back to 100 miles ratio. That means you can convert the $1,200 cash back into 120,000 miles, where they can be much more valuable!

You can also transfer cash back or miles to any Capital One cardholder!

You can transfer points from Capital One into these programs at the following ratios:

  • Aeromexico (1:1, SkyTeam)
  • Aer Lingus, via British Airways (1:1, No alliance)
  • Air Canada Aeroplan (1:1, Star Alliance)
  • Air France/KLM Flying Blue (1:1, SkyTeam)
  • Avianca LifeMiles (1:1, Star Alliance)
  • British Airways Avios (1:1, OneWorld)
  • Cathay Pacific Asia Miles (1:1, OneWorld)
  • EVA (2:1.5, Star Alliance)
  • Etihad (1:1, No alliance)
  • Emirates (1:1, No alliance)
  • Finnair (1:1, OneWorld)
  • Iberia, via British Airways (1:1, OneWorld)
  • Qantas (1:1, OneWorld)
  • Qatar, via British Airways (1:1, OneWorld)
  • Singapore (1:1, Star Alliance)
  • TAP Air Portugal (1:1, Star Alliance)
  • Turkish Airlines (1:1, Star Alliance)
  • Virgin Atlantic, via Virgin Red (1:1, SkyTeam)
  • Accor Hotels (2:1)
  • Choice Hotels (1:1)
  • Hilton Hotels via Virgin Atlantic (1:1.5)
  • Wyndham Hotels (1:1)

A nice perk is that after the 1,000 mile minimum transfer, you only need to transfer points in increments of 100, meaning you have fewer leftover points compared to other bank transfers.

Will you signup for the Capital One Spark Cash Plus?

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40 Comments On "Earn Up To $1,200 Cash Back Bonus Or 120,000 Bonus Miles On The Capital One Spark Cash Plus Card!"

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


What if you have 2 cards with capital one? I think they usually do not approve you if you have 2 cards with them


I made lots of research on this recently, and although all the bloggers online say this is the case, there are reports of people having up to 5 cards, and when the venture X w rolled out, they handed out easy approvals to people who had multiple cap1 cards. (I’m sure dan has at least 10)
Theory’s of cap1 application rules are all over the place, So it’s pretty unpredictable, people with excellent credit can get denied, and people in high 600’s can get approved. If you can spend 30K in 3 months give it a shot, hard inquiries don’t hurt so much.


Aren’t you better off opening a few of the other capital one credit cards with much less spend and you would get the same amount of miles?


The point is that you can’t just sign up for a card multiple times and keep getting sign up bonus, so for someone who cant get a venture x right now, this is the next best way to get another 180k in 3 months.


Too much spend…


Its effectively 6 times back at least everywhere for 30k. Not sure where you’ll get that on any other card


5.5% after the annual fee


Can you sign up with a sole proprietorship account. Coz one of my friends signed up like that and they accepted him and sent the card but asked for bank statement and details so didn’t end up working??


This is not a business card.


It is a business card, and yes, you can.


They told me you can’t get this bonus if you got a sign on bonus on this card within the last two years.


@Dan can you verify or is this YMMV?

P Katz

As per my experience, you can’t downgrade it to a no fee card, u’ll need to close it if you don’t want to pay the annual membership fee.


Currently have this card, can i close and re-apply and be eligible? do i need to wait in between closing and applying again?


Has capital one posted the MLB deals for august and September yet?


The question is whether it makes sense to apply now, or hold off for when a better offer (like the one from March 2022) comes?


Is it a mastercard of visa, I think majority have MasterCard but I have seen a couple that have visa


Which other Capital One business cards don’t count towards chase 5/24?

Mr. CC

I don’t think you can transfer points from this card to a card that could transfer to airlines


I created mine as a sole proprietorship as opposed to an LLC. Does that make a difference for 5/24 or utilisation of credit?


Does Capital One Match Sign Up Bonuses?
I recently applied for $500 offer, will they match?


Is there any way to move these points into miles if you don’t have venture x etc… but you have a family member with venture x


How do you get capital to convert spark card from Mastercard to Visa it’s seems they randomly assigned MC to different people, need it to be reissued example Costco only takes VISA.


I know in general it is not wise to spend on cc for someone else, but parents/in-laws have federal taxes to pay, do you know if it would be a problem (in terms of credit card and IRS) to pay their taxes on my cc (to get the bonus) and have them pay my credit card bill? If I don’t get a high enough credit limit, can I pay federal taxes in increments/ multiple payment? (2 per each of the 3 processors)?



I currently have this card as a sole proprietorship account. Can I apply for another with the same so as another sole proprietor account?

fed tax

Just got the card! THANKS DAN!
do you think it will be a red flag if I make one purchase for 30K for federal taxes and get it over with?