Offer is now dead and no longer working. We also had 10 other links we didn’t post, but unfortunately those are all non working as well. You can view the best current sign up bonuses by clicking here.
The Offer
- Receive a sign up bonus of $1,000 after $10,000 in in spend within the first three months on the Spark Cash Visa for Business Card from Capital One
- They also have a smaller bonus of: Receive a sign up bonus of $750 after $7,500 in spend within the first three months on the Spark Cash Visa for Business Card from Capital One. This has an annual fee of $95, also waived first year.
The Fine Print
- Card earns 2% cash back on all purchases
- Annual fee of $59 is waived first year
- No foreign transaction fees
Our Verdict
Public sign up bonus has been $500 for $4,500 for some time. There was a targeted bonus that is the same as this now public offer.Obviously these offers require a lot more minimum spend, but at least the card earns 2% cash back on all purchases. That basically makes the offer spend $10,000 and receive $1,200 cash back, 12% cash back on all purchases is a hell of a deal. The big downside to Capital One is that they pull all three credit bureaus when you apply for one of their cards. Keep in mind, you can freeze your Experian or Transunion and limit the pulls to just two. They may also have a rule to only approve one card per six months (hard pull won’t even be done beyond that). Unfortunately Capital One business cards do report to your personal report, so no good for those trying to stay under 5/24 for chase.
As always read these things everybody should know about Capital One here. I suspect this deal won’t last long, so if you’re interested now is your chance. Somebody on reddit also speculated about a new 5/24 rule for Capital One, I haven’t had a chance to really look at the datapoints to see if there is anything there or not but please share your stats if you are approved/denied in the comments below. I will be adding this to our best business credit card bonuses.
Hat tip to reader Heartlanta
I didn’t apply for this when it became public but today I received the same offer in the mail, do you think it is worthy to take it or not?
$1200 cash back is always worthy. If you can MS $10k go for it. If you’re in South Florida you can open two accounts with a credit union with $5k maximum funding.
I do live in a South Florida county but did you open those accounts with a local credit union online?
Just got my $1000 bonus, thank you DoC!
Most of the spent was MS (about 90%) and it took some effort. I only know of one store near me selling GC with CC, but it was worth it.
how long did it take after spending 10k for the $1000 bonus to show up?
Last transaction for $10K posted on Feb 3, bonus posted on Feb 4
I wasn’t able to use the bonus the same day for some reason, had to wait till Feb 5, but now it’s already applied to the balance.
Almost immediately. Next day for me.
I have a Cap one Spark 1k mailer code offer that I can’t use. If anyone really needs this let me know on reddit: dalogester
My bonus posted today but it’s not letting me redeem for account credit. It did let me request a check by mail.
I left a $1000 balance before I requested a credit. Maybe if you have a zero balance it could be the reason why you weren’t able to get a credit rather than having a check mailed.
Completed my 10K spending and the bonus 1000 cashback post as soon as the transaction 10K transaction posted
Completed my spend yesterday. The bonus points posted today or late last night.
Spark Visa Signature Business
…
$1,202.65
Cash
So I was unsure exactly when my three months timer started so I called in tonight to find out. I received my approval letter on 11/17 and received and activated my card on 11/30. The CSR stated that my “enrollment date” is equivalent to the date the card was approved. I assume that means printed because the date she gave me was 11/23, which is between the date of the approval letter and my activation date.
Just passing it along in case it’s helpful to anyone else.
I’ll be traveling to Thailand in mid-February so I’ll be happy to have this card with no foreign transaction fees.
How soon can I downgrade to the Spark Cash Select after receiving the bonus. I don’t want any AF cards.
For those of you who do not have a legitimate means to meet the $10,000 spend, how are you going about doing it?
Typically I would just use Venmo, and am perfectly fine with paying the 3% fee. However, for whatever reason Venmo is NOT accepting this card.
I’ve had mediocre success with Square Cash so far, but their system is sensitive to sending large volumes of money. I got a warning that they are not to be used as a cash advance system.
I do not have any Apple devices to test Apple Pay.
Is there any other way to meet spend?
Plastiq?
Find the best local credit union in your city and hope that they do not have a small limit to the amount you can initially fund the share and checking account via online. I’ve gotten very lucky finding the perfect credit union. I funded the accounts and requested a check to be mailed to me. Capital One post the $1000 bonus same day the charge post. The $200 post while the charges are still pending. World Class service from Capital One. They don’t leave you worried.
Just did 2K funding at PNC Bank
$1000 received next day after meeting the spend requirement. $200 received while transactions were still pending. Xmas came early!