Card Spotlight: Capital One Spark Cash Plus

The Capital One Spark Cash Plus was just increased.

It's a cash back card, but you can turn the cash back into Capital One Miles at rate of 1 mile per cent if you have a Capital One Venture, Capital One Venture X, or Capital One Spark Miles for Business. This allows you to transfer the points to airline and hotel partners.

Sign-Up Bonus

• Earn $2,000 if you spend $30,000 in 3 months
• Earn an additional $2,000 for every $500,000 you spend during your first year with the card

This means $2,000 could become 200,000 Capital One Miles.

Bonus Categories

• 2% cash back on all purchases
• 5% on hotels and rental cars booked via Capital One Travel

Benefits

• Spend $150,000 in a calendar year to get the annual fee refunded
• No spend limit as a charge card

Annual Fee

• $150

More info here