In addition to the new welcome offers on the Quicksilver, VentureOne, and Savor cards yesterday, Capital One launched a new welcome offer on the Spark Cash card. While the new welcome bonus has dropped 33.3%, the spending requirement has also dropped accordingly.
The Offers & Key Card Details
| Card Offer and Details |
|---|
![](http://cdn.nextinsure.com/imaging/opt/0a1a73c8-b137-4393-9ef9-2437b08b5b2b.png?w=300" alt="Capital One Spark Cash" />) ⓘ $890 1st Yr Value EstimateClick to learn about first year value estimates $1,000 Cash Back ⓘAffiliateThis is an affiliate offer. Frequent Miler may earn a commission if you are approved for this offer $1,000 after $10,000 spend in 3 months from account opening$0 introductory annual fee for the first year, then $95 Recent better offer: $1,500 after $15,000 spend in 3 months from account opening (Expired 8/11/25) FM Mini Review: A good option for business owners who prefer simple cash back rewards. Earning rate: 2% everywhere ✦ 5% on hotels and rental cars booked via Capital One's travel booking site Base: 2% Portal Hotels: 5% Card Info: Mastercard issued by Capital One. This card has no foreign currency conversion fees. Noteworthy perks: No foreign transaction fees |
Quick Thoughts
Up until yesterday, the most recent welcome offer on the Spark Cash card offering $1,500 bonus cashback when spending $15,000 in the first three months. This new offer only awards $1,000 bonus cashback, but you also only need to spend $10,000 in the first three months. If spending an average of $5,000 per month was too steep of a requirement for you previously, spending an average of just over $3,333 per month might be more of a viable option for you.
The card earns a flat 2% cashback on all purchases, so when spending $10,000 you’ll earn $200 cashback too. That’s a total of $1,200 cashback, or an effective return of 12% cashback on that spend.
An added bonus is the fact that the annual fee is waived the first year. At renewal, the annual fee will be $95 if you decide to keep the card.
Be aware that this card only earns cashback which can’t, by itself, be transferred to Capital One’s transfer partners. However, if you have another Capital One card that earns miles, you can convert the cashback to miles in order to transfer them to travel partners. See this post for more details about how to do that.
Want to learn more about miles and points? Subscribe to email updates or check out our podcast on your favorite podcast platform.
So this could transfer as 100k points if I already have a Venture X card?
Correct
Does this one report to personal credit?
I believe all C1 business cards do..