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For a limited time, Capital One is offering giant extra sign-up bonuses worth a grand total of $2,000 each on two of its most rewarding small-business credit cards. The catch? You have to charge a giant amount of expenses on the card in the first half-year of ownership.
The new bonuses are:
Capital One Spark Cash for Business: Earn a $500 bonus after spending $5,000 within the first three months and an additional $1,500 bonus after spending an additional $45,000 within the first six months.
Capital One Spark Miles for Business: Earn 50,000 bonus miles (worth $500) after spending $5,000 within the first three months and an additional 150,000 bonus miles (worth $1,500) after spending an additional $45,000 within the first six months.
The previous offer featured the same base bonus worth $500 or 50,000 miles, but with a slightly lower required spend of $4,500. The difference is the additional new extra bonus. For those who can spend enough on the card to earn it, the total bonus would be worth $2,000.
The two cards are the same except for expressing rewards currency in cash or miles, which are valued at 1 cent per mile. They each offer a flat-rate double cash back or miles per $1 spent. And each has an annual fee of $0 intro for the first year, then $95. Both require good or excellent credit.
Both cards earned spots on NerdWallet’s list of best small business credit cards.