Capital One introduces limited-time travel credits for business cardholders
The US lender has launched a promotion allowing eligible business customers to earn travel credits redeemable through its dedicated booking portal, subject to specific spending thresholds within the first 90 days.
Capital One has launched a limited-time promotional offer for new holders of its Spark Cash Plus and Spark Cash business credit cards, introducing additional travel credits that can be earned alongside the cards' standard welcome bonuses. The initiative targets business customers looking to consolidate expenses while securing travel benefits, with specific spending thresholds required to unlock the credits within the first three months of account opening.
Under the terms of the promotion, Spark Cash Plus cardholders can earn a $500 travel credit after spending $30,000 within the initial 90-day period. Meanwhile, Spark Cash cardholders are eligible for a $250 travel credit after meeting a lower spending threshold of $10,000 in the same timeframe. These travel credits are exclusively redeemable for flights, hotels, and other travel expenses booked through the Capital One Business Travel portal.
The travel incentives are structured to complement the cards' existing cash-back welcome offers. Spark Cash Plus holders can secure a $2,000 cash-back bonus alongside the $500 travel credit, with the potential to earn an additional $2,000 cash bonus for every $500,000 spent within the first year. Spark Cash cardholders can earn a $1,000 cash-back bonus in conjunction with the $250 travel credit, with standard cash-back rewards redeemable as statement credits or checks.
Both cards offer a flat 2% cash back on every purchase, with an elevated 5% cash back rate on hotels and rental cars booked through Capital One Business Travel. The Spark Cash Plus card carries a $150 annual fee, which is waived if the cardholder spends at least $150,000 annually, and features no preset spending limit. The Spark Cash card has a $95 annual fee, which is waived for the first year, positioning it as a lower-cost alternative for businesses with moderate spending levels.
The promotion is described as a limited-time offer, though no specific end date has been provided in the source material. The details regarding card rates, fees, and promotional terms are accurate as of the publish date, with Capital One advising customers to check its website for the most current information.
