Doctor of Credit is reporting that Capital One is out with an intriguing targeted mailer for their Spark Cash Visa for Business card: get $1,000 cash back after you spend $10,000 in the first 3 months. That’s on top of the 2% you already receive with this card, meaning that your total would be $1,200 cash back after $10,000 spend. At 12% total back on $10K, that’s a nice return on a significant chunk of spend. This is a targeted mail offer, meaning that there is no known link to the offer and it won’t be available to everyone, but it’s a good reminder to open your mail before you throw it away.
As a reminder, the Spark Cash Visa’s benefits are:
- It earns 2% cash back everywhere
- Annual fee is $59, but is waived in the first year
- No foreign transaction fees
- Redeem any amount of cash back
The usual public signup bonus is $500 cash back on $4,500 spend (this is the offer you’ll find on our Best Offers page). The card has no foreign transaction fees and is a good value for everyday business spend for those looking for purely cash back. One of the nice benefits is the ability to redeem any amount of cash back — there aren’t any minimum or maximum thresholds on redeeming.
Have you received this or any other interesting targeted mailers lately? Let us know in the comments!
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[…] back: $1,000 cash back after $10,000 spend in the first 3 months. We previously wrote about a targeted mail offer for this — but now there is a public signup link. That’s a lot of spend, but with the 2% back […]
[…] $1K cash back after $10K spend with targeted mailer: This is a targeted mailer without a known end date, but keep your eye on the mail if you’re looking for a big cash back offer. […]
[…] $1K cash back after $10K spend with targeted mailer: This is a targeted mailer without a known end date, but keep your eye on the mail if you’re looking for a big cash back offer. […]
Since I opened a money market six months ago for the CO bonus, CO stopped sending me targeted mailer. Gonna close that account and see what happens.
I’ve had the Spark card for biz for 6 years. Would I even be eligible for either the $1000 or the $500 cash back award card? I also have the Benture card and we have multiple savings account with Cap1 360