I receive compensation for content and many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, Capital One and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).
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.