The Offer
Capital One is sending out a snailmail targeted offer on the Spark Cash card:
- Signup for the Capital One Spark Cash card and get the following bonuses:
- $1,000 bonus after spending $10,000 within 3 months
- an additional $1,500 bonus after spending an additional $40,000 within 6 months ($50k spend total)
Card Details
- Card earns 2%/2x on all purchases
- Annual fee of $59 is waived first year
- No foreign transaction fees
Our Verdict
The cards always earn 2%/2x on all spend, and you’ll get that on all your spend, on top of the bonus. In the end, you’ll land up with $3,500 after spending $50,000 ($2,500 bonus + $1k from regular 2%/2x earn) which is a 7% return on spend.
My friend @utahshane got this offer via snailmail, not sure how widely this was sent out. The public offer is similar, but $500 less – we wrote about it here. Keep in mind that the using the public offers have the advantage of being able to get the Miles card instead of the Cash card which is advantageous to some due to the newly added transfer partners.
This targeted offer also has a lower annual fee of $59 (vs. $95) – the fee is waived the first year, regardless.
