Last Chance: $2,000/200K Mile Capital One Spark Card Bonuses

Filed Under: Capital One, Credit Cards
In the interest of full disclosure, One Mile at a Time earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers that we have found for each card. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Please check out my advertiser policy for further details about our partners, including American Express, Capital One, Chase, and Citi, and thanks for your support!

Update: These offers for the Capital One® Spark® Cash for Business and the Capital One® Spark® Miles for Business have expired. Learn more about the current offers here.


Capital One has really been on fire the past several weeks. In early December they introduced a new transferable points currency, and on top of that they’ve had some incredible welcome bonuses on their co-branded Spark business cards.

This is a reminder that the massive welcome bonuses on the Capital One® Spark® Miles for Business and Capital One® Spark® Cash for Business are expected to end in a couple of days, on January 28, 2019.

Personally I recently picked up the Spark Miles Card, which I’m very happy about, and I’d certainly recommend the card for others as well.

As a reminder, here are the basics of the two cards:

Capital One Spark Miles 200K welcome bonus

The Capital One Spark Miles for Business offers two Spark miles per dollar spent. Each Spark mile can be redeemed for one cent towards a travel purchase, or Spark miles can be converted into airline miles at a ratio of up to 2:1.5. Here are the transfer partners for the card:

Transfer PartnerTransfer Ratio
Aeromexico (Club Premier)2 : 1.5 | 1000 : 750
Air Canada (Aeroplan)2 : 1.5 | 1000 : 750
Air France KLM (Flying Blue)2 : 1.5 | 1000 : 750
Alitalia (MilleMiglia Program)2 : 1.5 | 1000 : 750
Avianca (LifeMiles)2 : 1.5 | 1000 : 750
Cathay Pacific (Asia Miles)2 : 1.5 | 1000 : 750
Emirates (Emirates Skywards)2 : 1 | 1000 : 500
Etihad Airways (Etihad Guest)2 : 1.5 | 1000 : 750
EVA Air (Infinity MileageLands)2 : 1.5 | 1000 : 750
Finnair (Finnair Plus)2 : 1.5 | 1000 : 750
Hainan Airlines (Fortune Wings Club)2 : 1.5 | 1000 : 750
Qantas (Qantas Frequent Flyer)2 : 1.5 | 1000 : 750
Qatar Airways (Privilege Club)2 : 1.5 | 1000 : 750
Singapore Airlines (KrisFlyer)2 : 1 | 1000 : 500

The card has a $95 annual fee that’s waived the first year.

The card ordinarily offers a welcome bonus of 50,000 Spark miles upon completing minimum spend, but through January 28, 2019, you can earn up to 200,000 Spark miles, as follows:

  • Earn 50,000 Spark miles when you spend $5,000 within the first three months
  • Earn an additional 150,000 Spark miles when you spend $50,000 within the first six months

In other words, if you spent a total of $50,000 on the card within six months you’d earn 300,000 Spark miles (200,000 bonus miles, plus the 100,000 miles you ordinarily earn for spending $50,000).

That means you’re earning the equivalent of up to 6% back towards travel, or up to 4.5 airline miles per dollar spent.

You can read a full review of the card here.

Capital One Spark Cash 200K welcome bonus

The Capital One Spark Cash for Business offers unlimited 2% cash back. The card has a $95 annual fee that’s waived the first year.

The card ordinarily offers a welcome bonus of $500 upon completing minimum spend, but through January 28, 2019, you can earn up to $2,000 cash back, as follows:

  • Earn $500 when you spend $5,000 within the first three months
  • Earn an additional $1,500 miles when you spend $50,000 within the first six months

This means if you spent a total of $50,000 on the card within six months you’d earn $3,000 ($2,000 bonus through the welcome offer, plus the $1,000 you’d usually earn).

That’s the equivalent of 6% cash back on $50,000 spend, which is incredible.

You can read a full review of the card here.

Bottom line

The Capital One Spark Miles for Business and Capital One Spark Cash for Business have some incredible welcome bonuses, and are also more compelling than ever before. If you’re interested in either of the current offers, you’ll want to apply this weekend.

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