Capital One has a powerful lineup of bank cards, each for private use and companies. Making its mark on the premium journey area with the Capital One Venture X Rewards Credit Card, the issuer additionally gives the Capital One Spark Cash Plus card to enterprise homeowners trying to earn substantial money again on their on a regular basis bills.
This card comes with many perks, along with the alternative to earn a powerful welcome bonus.
Here’s why now is an ideal time so as to add the Spark Cash Plus to your pockets.
A profitable welcome offer
New Spark Cash Plus cardholders can earn a one-time money bonus of $2,000 after spending $30,000 in the first three months of account opening. Plus, you may obtain a further $2,000 bonus for each $500,000 spent on the card in the first 12 months.
In different phrases, opening the card now and spending $500,000 in the first 12 months would lead to a complete of $14,000 in cash-back rewards, factoring in the welcome offer, the $2,000 bonus the first 12 months, and the 2% money again incomes charge.
This is the customary offer on this card, so it might be value ready for a better offer earlier than making use of.
There’s no denying that it is a excessive threshold to achieve with a view to earn the full bonus, however many small companies require giant investments in stock, tools or provides on an everyday foundation. If you could have giant purchases on the horizon on your firm, it might make a variety of sense to select up this card.
The card has a $150 annual charge, which could be refunded yearly in the event you spend not less than $150,000.
Related: 10 methods to fulfill the spending necessities and earn the bonus on a brand new card
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Unlimited 2% money again
Capital One is understood for making it simple to earn and redeem bank card rewards; this undoubtedly holds true for the Spark Cash Plus.
Cardholders earn a limiteless 2% money again on each buy. With no limits on spending classes to maintain up with, you by no means have to fret about lacking out on rewards.
You can even add worker playing cards for no extra charge, and you will earn a limiteless 2% money again on all of these purchases, too.
No preset spending restrict
The Spark Cash Plus would not have a preset spending restrict — a characteristic that enterprise homeowners who want flexibility of their spending energy can admire, since the card adapts to their wants based mostly on their spending habits in addition to their fee and credit score historical past.
Unlike customary bank cards, which means that your steadiness have to be paid in full every month to keep away from a late charge. As lengthy as you are in a position to repay your assertion every month, you’ll get pleasure from the full advantages of the Spark Cash Plus.
Related: Charge card vs. bank card: What’s the distinction?
Rewards do not expire — ever
Unlike airline miles or lodge factors — a lot of which expire when there is not any exercise on your account for a sure period of time — your cash-back rewards earned with the Spark Cash Plus do not expire so long as your account stays open.
Cash again could be redeemed as an announcement credit score or for money in the type of a verify, and you may redeem for any quantity you want. However, in the event you additionally carry a Capital One bank card that earns Capital One miles, you possibly can convert your cash-back rewards into miles. This could be fairly profitable for companies which have giant enterprise expenditures.
Converting your money again into miles permits you to switch your rewards to any of Capital One’s 15-plus journey companions. You can maximize these miles by transferring them and reserving premium cabin airfare in enterprise and top quality, or reserving that luxurious lodge getaway.
Related: How to transform Capital One money again into miles
Additional card advantages
The Spark Cash Plus comes with extra advantages to offer peace of thoughts for enterprise homeowners. $0 fraud legal responsibility means you are coated in case your card (or certainly one of your staff’ playing cards) is ever misplaced or stolen. And with no international transaction charges, you should utilize your card when touring overseas with out the have to price range for added prices.
Bottom line
Cash-back enterprise playing cards offer large flexibility with their rewards.
The Capital One Spark Cash Plus is most useful for companies which have sizable expenditures of their enterprise. The card earns a limiteless 2% money again on each buy. With no preset spending restrict or class restrictions, it offers enterprise homeowners the flexibility they want from month to month.
Finally, in the event you maintain a card incomes Capital One miles, you possibly can simply switch your money again to the different card and maximize your rewards towards journey.
To study extra, take a look at our full overview of the Spark Cash Plus.
Learn extra: Capital One Spark Cash Plus
For Capital One merchandise listed on this web page, a few of the advantages could also be supplied by Visa® or Mastercard® and will fluctuate by product. See the respective Guide to Benefits for particulars, as phrases and exclusions apply.
