Amazing: $2000 Credit Card Signup Bonus Transfers to 150,000 Airline Miles

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Earlier today I wrote about the news that Capital One now offers points transfers to miles from several of their cards including Capital One® Venture® Rewards Credit Card, Capital One® VentureOne® Rewards Credit Card and the Capital One® Spark® Miles for Business.

Incredibly Capital One® Spark® Miles for Business has just increased its initial bonus offer: 50,000 miles after $5,000 spend in the first 3 months and 150,000 more miles when you spend $50,000 in the first 6 months from opening your account. This card has a $0 intro annual fee for the first year; $95 after that. This is a limited-time offer.

So far they’ve announced points transfers at 2-to-1.5 to:

  • Star Alliance: Aeroplan, Avianca, EVA Air
  • SkyTeam: Aeromexico, Alitalia, Air France KLM Flying Blue
  • oneworld: Cathay Pacific, Finanir, Qantas, Qatar Airways
  • Non-alliance: Etihad, Hainan Airlines

That means your 200,000 miles would be worth $2000 — or could be transferred to your choice of 150,000 miles with any of these 12 airlines (starting next month).

In addition the Capital One® Spark® Cash for Business has a limited time offer to earn up to $2,000.

  • Earn a $500 cash bonus when you spend $5,000 in the first 3 months and of opening your account
  • Plus, earn $1,500 when you spend $50,000 in the first 6 months.

Obviously these offers are big but only work if you generate that much credit card spend over a six month period.

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of any advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.

Comments

  1. @Patrick, it’s a business card that he’s referencing. $8300/month for many business can be achieved relatively easily.

  2. @Patrick: why not?

    Firstly, this is a business card. Many, many businesses spend more than $100,000 a year — many spend that much a week or a month.

    Secondly, there are plenty of high net worth folks here who probably spend $100,000 on credit cards per year.

    Finally, there are alternatives. At 1.89%, you could pay the $50K in taxes and get 150,000 miles for a cost of $945.

  3. Well, it is a business card. My business is not so large, but I manage to spend over $500,000 per year on credit cards.

  4. I’m more interested in the Venture Rewards Card, which now offers 75,0000 miles after $5k spend in three months.

  5. Can you get a second venture card? I have had mine for like 5 years. Can you get the new signup bonus if you got a venture bonus in the past?

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