Doctor of Credit is reporting that Capital One is out with an intriguing targeted mailer for their Spark Cash Visa for Business card: get $1,000 cash back after you spend $10,000 in the first 3 months. That’s on top of the 2% you already receive with this card, meaning that your total would be $1,200 cash back after $10,000 spend. At 12% total back on $10K, that’s a nice return on a significant chunk of spend. This is a targeted mail offer, meaning that there is no known link to the offer and it won’t be available to everyone, but it’s a good reminder to open your mail before you throw it away.
As a reminder, the Spark Cash Visa’s benefits are:
- It earns 2% cash back everywhere
- Annual fee is $59, but is waived in the first year
- No foreign transaction fees
- Redeem any amount of cash back
The usual public signup bonus is $500 cash back on $4,500 spend (this is the offer you’ll find on our Best Offers page). The card has no foreign transaction fees and is a good value for everyday business spend for those looking for purely cash back. One of the nice benefits is the ability to redeem any amount of cash back — there aren’t any minimum or maximum thresholds on redeeming.
Have you received this or any other interesting targeted mailers lately? Let us know in the comments!