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A new increased welcome bonus for the card_name was introduced this week. Right now when you apply for and are approved for the card you can earn $2,000 Cash Back once you spend $30,000 in the first 3 months. Then you can earn an additional $2,000 cash bonus for every $500K spent during the first year of having the card.
On day to day spending the card provides 2% cash back on all eligible purchases with no limitations. The card also provides 5% cash back on hotels and rental cars booked through Capital One Travel.
As it is a charge card there is no preset spending limit which is great for boosting your business’ purchasing power.
There is a $150 annual fee on the card that is refunded if you spend $150,000 annually with it.
While the card’s primary reward function is straight up cash back, if you hold another Capital One card that earns miles like the card_name or card_name you can convert the cash back from the Spark Cash Plus to miles.