Update 6/26/19: More people getting this email offer today.
Update: Readers have clarified that the amount of the bonus varies with some being $300, some $200, and some $100.
The Offer
- Capital One is sending out an email to some Spark cardholders with the ability to refer another business to either version of the Spark card (Miles or Cash) and get a $200 bonus for each approval.
The new member gets the standard public bonus of $500/50,000 for $4,500 in spend.
The Fine Print
- Max 9 referrals at $200 each = $1,800
Our Verdict
We’ve seen offers variously for $750/$7500 and $1k/$10k and $2k/$50k recently, so this isn’t the best offer of recent times, but this $500/$4,500 offer does match the standard public signup offer. For those in 2-player mode who can get the $500 + $200 referral bonus for just $4,500 spend it’s actually a pretty nice offer. We aren’t sure if Capital One sends out 1099s for credit card referrals.
Please do not leave referrals in the comments.Â
Hat tip to reader cowsareverywhere