Capital One has introduced new benefits for cardholders of the Spark Cash Plus and Spark Cash credit cards. These cardholders can now earn credits to use towards travel bookings made through Capital One Business Travel. The Spark Cash Plus card offers a $500 travel credit after spending $30,000 in the first three months, while the Spark Cash card offers a $250 travel credit after spending $10,000 in the same period.
What makes this offer even more appealing is that cardholders can earn these travel credits in addition to the regular welcome bonuses that come with the cards. This means that you can maximize your rewards and savings when booking business travel through Capital One.
For the Spark Cash Plus card, cardholders can earn $2,000 cash back after spending $30,000 within the first three months, along with an additional $2,000 cash bonus for every $500,000 spent in the first year. On the other hand, the Spark Cash card offers a $1,000 cash bonus plus a $250 Capital One Business Travel credit when you spend $10,000 within the first three months.
Both cards offer 2% cash back on all purchases, with additional rewards for specific categories such as hotels and rental cars booked through Capital One Business Travel. The travel credits can be redeemed for flights, hotels, and more for your next business trip booked through Capital One Business Travel.
The Spark Cash Plus card is ideal for business owners with large annual budgets who can take advantage of the high spending requirements to earn bonuses and have the $150 annual fee refunded each year after spending at least $150,000. It also offers a flexible spending limit and no interest charges as long as the balance is paid in full each month.
On the other hand, the Spark Cash card may be a better option for businesses with lower budgets, as it has a lower $95 annual fee (waived for the first year) and still offers 2% cash back on all purchases.
Ultimately, the choice between the Spark Cash Plus and Spark Cash cards will depend on your business’s spending habits and budget. If your business regularly spends upwards of $150,000 annually and plans to spend at least $30,000 in the next three months, the Spark Cash Plus card may offer more value. Otherwise, the Spark Cash card may provide more savings on business expenses.
In conclusion, Capital One’s Spark Cash Plus and Spark Cash cards offer valuable rewards and benefits for business owners, making them excellent options for managing business expenses and earning cash back on purchases.
