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New 50,000 mile Capital One Spark Miles offer worth $500

by on Wed May 20, 2015 • 4 Comments

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What’s the deal?


Now, you can earn 50,000 miles once you spend $4,500 on purchases within the first 3 months of opening a Capital One Spark Miles for Business card.

That can get you $500 worth of travel value when you use your card to make travel purchases.


What’s the catch?

This card works just like the Capital One® Venture® Rewards Credit Card you might be familiar with. It earns 2 miles for every dollar you spend, and you can use the miles to purchase travel anywhere, with any airline, hotel, or car rental company.

There’s no annual fee the first year and $95 after that.

Every point is worth one cent, so 10,000 miles gets you $100 in travel credit.

Capital One does have a habit of pulling credit files from all three bureaus when you apply, so if you’re sensitive to that, keep it in mind. But if you are sensitive to it, you’re probably already well aware of that.

How does it work?

You simply ‘erase’ travel purchases from your card any time you’d like. No need to use any special travel portals or sites. Just book your travel wherever you want with your card, and you can get the statement credit afterward.

Is it the best deal?

For this card, it’s the biggest intro we’ve seen. Though it’s not as lucrative as the 60,000 point Ink Plus deal that’s currently being offered, which gets you $750 in travel value, though when you redeem for flights like cash you need to book via a special Chase portal. But you also get the flexibility to transfer your points into several airline and hotel programs, including United MileagePlus, Southwest RapidRewards, and Hyatt Gold Passport.

There’s also a $500 intro deal with the same terms on the Spark Cash Business card, which also earns 2% cash on purchases with the same annual fee structure. So it’s nearly the same card but with a different look and name.


The following two tabs change content below.

Chase Sapphire Preferred® Card

Miles dont expireas long as card is open
Learn more

Partner Offer

50,000 bonus points

Intro Offer

$0 introductory annual fee the first year, then $95

Annual Fee


Foreign Transaction Fee Waived

Yes - transfer to United MileagePlus, Southwest Rapid Rewards, Marriott Rewards, and more

Points Can Transfer to Airline Miles ?

Still confused? Have a question?

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"These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered."

4 thoughts on New 50,000 mile Capital One Spark Miles offer worth $500

  1. Bill

    I just opened a new Spark card and I have a venture card. Can I transfer the balance of the Venture card to the Spark card to take advantage of the bonus miles offered by the Spark card


      @Bill: According to the Capital One® Spark® Miles Terms and Conditions: ” Cash advances, balance transfers, and checks used to access your account are not considered purchases and will not earn rewards.” You can’t make a balance transfer to qualify towards bonus miles.


      @Jassie – You can purchase any plane ticket you want with your card, then use the points to erase some or all of the cost.


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