The Spark Miles Business Credit Card from Capital One has increased its bonus to 50,000 miles after $4,500 in purchases within the first 3 months.
Plus, the annual fee is waived for the first year, and then it’s only $59 per year after your first fee-free year.
The Spark Miles card bonus was previously up to 30,000 miles, but now you can earn 50,000 bonus miles with this card.
However, existing or previous Spark cardholders may not be eligible for this 1-time bonus.
Check out the Spark Miles Business Card to earn 50,000 bonus miles after $4,500 in purchases within 3 months.
You can also get the Spark Cash Business Credit Card to earn a $500 cash bonus instead of the 50,000 bonus miles.
Redeeming Your Miles
Your 50,000 bonus miles can be redeemed for a $500 statement credit toward travel.
To redeem your miles, you simply purchase travel from airlines, hotels, rail lines, car rental agencies, limousine services, bus lines, cruise lines, taxi cabs, travel agents, or time shares like you normally would.
You can then log in to your online account or telephone the Rewards Center to redeem your miles toward a statement credit for your travel purchases.
Each mile is equal to 1 cent in statement credits with no minimum redemption requirement, so you’ll get a $500 statement credit for 50,000 miles or a $100 statement credit for 10,000 miles.
In addition to the bonus miles, you’ll earn 2 miles per $1 spent on all of your business purchases.
If you don’t want to pay an annual fee, then the Spark Miles Select business credit card offers 20,000 bonus miles after $3,000 in purchases within the first 3 months, and there is no annual fee for this card version, although you’ll only earn 1.5 miles per $1 spent on all of your purchases.
Take advantage of this increase in the Spark Miles Business Card promotional offer from 30,000 miles to 50,000 miles while it’s available, and pay no annual fee for your first year.
A special thank you goes out to Credit Card Watcher for alerting me to this increase.