Capital One Spark Cash Business Card $300 Sign Up Bonus

The Offer

  • Capital One is offering a sign up bonus of $250 if you spend $5,000 within three months on their Spark Cash Business credit card.
  • You’ll earn another $50 if you sign up one or more employee cards within the first 60 days of account opening

capital one spark business

The Fine Print

  • This card earns 2% cash back on all purchases
  • Annual fee of $59 is waived for the first year
  • Minimum redemption is $25 cash

Our Verdict

Usually this card only has a sign up bonus of $50 when adding a employee card (although this higher offer has been around for awhile), I’ve also heard reports of people being targeted for $500 bonuses so make sure you check for targeted offers from Capital One first.

The problem with this card is two fold:

The benefit is that the card earns 2% cash back on all purchases, this makes the high spend of $5,000 a bit less of an issue as long as you can meet it. I don’t think this card is worth keeping after the first year, as there are two cards that earn 2% cash back on all purchases with no annual fee (American Express Fidelity & Citi Double Cash) and a few cards that earn even more than that.

If you’re considering this card, I’d recommend looking at our page of the best cash sign up bonuses. There are three alternatives that spring to mind:

I’m going to pass on this card for now, if I get targeted for a $500 offer then I’d probably snap it up quick smart. Capital One also offers a $250 bonus if you open a business checking account and Capital One 360 offers a $100 bonus for opening a business savings account. This card will be added to our best cash sign up bonus page.

Useful posts:

Hat tip to Giddy For Points for mentioning this offer in our underrated credit card post

 

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Chris W.
Chris W. (@guest_275946)
July 14, 2016 18:42

I just got the annual fee waived on my Spark card with a simple phone call. I has signed up one year ago when the bonus was $500.

Elle
Elle (@guest_64570)
January 24, 2015 09:51

Is the business version also good for people watching their average age of accounts or does capital one report to credit bureaus

Paul
Paul (@guest_63744)
January 21, 2015 15:06

I’ve been receiving targeted $500 signup bonuses for the last 6 months. I finally signed up for two cards, and my wife for 1 – my hesitation was the three hard pull issue. But I realized that was a silly concern since the vast majority of my pulls are on Experian (like many people). As such, I have lots of room on TU and EQ. Meeting min spend was nothing (although I did have a few fraud alerts on first usage on my $5K transactions, that I had to call in and clear – my advice is to call and let them note on your account that you plan to make a large charge before doing it).

Cap1 are nice to deal with. Cashback posts as soon as your charge posts, so it’s available immediately. And cashback can be redeemed in any amount at any time. No $25 min nonsense.

Plus the biggest benefit (which you thankfully don’t mention) is what makes my Cap1 Sparks and Venture cards my go-to 2% cards. As such, I’ll gladly pay the modest AF (assuming I can’t get it waived).

Iwantoknow
Iwantoknow (@guest_63730)
January 21, 2015 13:20

Do you actually have to have to business to get this card?