Capital One Spark Cash Card Brings Back Its $1,000 Welcome Bonus Offer

A $1,000 welcome offer is hard to ignore — and that’s exactly what you’ll find with the Capital One Spark Cash Card*×Information collected independently. Not reviewed by Capital One..

Capital One has brought back one of the most lucrative cash bonuses in this card’s history: Earn $1,000 after spending $10,000 in the first 3 months.

While the spending requirement is steep, it’s far more manageable than the card’s previous highest-ever offer, which required $30,000 in spending for $2,000 in bonus value.

Let’s take a look at this new, elevated offer in detail.

Capital One Spark Cash Card Welcome Offer

New applicants for the Capital One Spark Cash card can earn a $1,000 cash bonus after spending $10,000 on their card in the first 3 months from account opening.

Previously, this card offered a $1,500 welcome offer after spending $15,000 on purchases within the first 3 months of account opening, so both the spending requirement and the welcome offer amount have gone down.

Earning $1,000 from $10,000 in spending amounts to a 10% return on spending. If you can meet the minimum spending requirement, that’s a great return on your spending.

Key Features of the Capital One Spark Cash Card

The Capital One Spark Cash card offers unlimited 2% cash-back on spending, as well as 5% cash-back on hotels and rental cars booked through Capital One Business Travel.

The Capital One Spark Cash card has a very modest annual fee, with a $0 introductory annual fee in the first year and $95 annually after that.

Cash-back from this card can be redeemed in any amount you choose and doesn’t expire. Moreover, if you have a card that earns Capital One miles, you can combine your cash-back with that account to redeem Capital One miles — providing additional redemption options from your earnings.

Should You Apply for the Capital One Spark Cash Card Now?

The Capital One Spark Cash card previously featured a welcome offer of $1,500 after completing a higher spending requirement. This new offer is smaller but requires less spending. Spending $10,000 within 3 months may be beyond the spending capacity of some small businesses.

If you’ve had your eye on this card and were already thinking about applying, then you should definitely apply while the elevated offer is available. Just make sure you can achieve the $10,000 minimum spending requirement during the first 3 months to receive the full $1,000 welcome offer.

However, if your small business has only modest spending capabilities, applying for this card won’t make sense if you can’t unlock the large welcome offer due to the spending requirement.

For small businesses with serious spending, this welcome bonus offer could be extremely rewarding.

Final Thoughts

The Capital One Spark Cash card’s welcome offer provides a $1,000 cash bonus after spending $10,000 within the first 3 months. This is an attractive offer for businesses that can meet the spending requirements.

This latest offer, while requiring a sizable $10,000 in spend over 3 months, provides a 10% return on spending — and that’s on top of the 2% cash-back you’ll earn on purchases along the way.