Sailing Away Soon: Up to 300,000 Bonus Miles!

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A pair of massive early spend bonuses will soon sail off and disappear into the horizon.

So, now’s the time to consider hopping aboard before the ships sail.

Up to 300,000 Bonus Miles (and Half of a Million Total)

New members of the Capital One Venture X Business card can earn up to 300,000 bonus miles during a promotion that we’ve learned ends on March 11, 2024.

First, a cardholder earns 150,000 bonus miles after spending $20,000 on eligible purchases within three (3) months of being approved for membership. (For what it’s worth, that minimum spending requirement used to be $30,000.)

They earn the second 150,000 bonus miles after spending $100,000 on eligible purchases during the first six (6) months of membership.

Capital One Venture X Business

The Cap One Venture X Business earns 2X miles on every eligible purchase. (Except flights booked through Capital One Travel. Those earn 5X miles. Hotels and rental cars booked through Capital One Travel earn 10X.

So, there’s the potential for you to earn at least half a million miles. If you hit the $100,000 minimum spending requirement at 2X, that’s 200,000 miles. Add that your 300,000 bonus and you’re a half a million-miler, my friend.

Even if you can’t make it up to $100,000 but kicked the tires on the Venture X Business when it first came out and didn’t like the $30,000 minimum spending requirement, perhaps the $20k promotion might be a little tastier.

Capital One Miles transfer at 1:1 ratio to a host of airlines and hotels (unless denoted otherwise):

  • ALL – Accor Live Limitless (2:1)
  • Aeromexico Club Premier
  • Air Canada – Aeroplan
  • Air France-KLM Flying Blue
  • Avianca LifeMiles
  • British Airways Executive Club
  • Cathay Pacific – Asia Miles
  • Choice Privileges
  • Emirates Skywards
  • Etihad Guest
  • EVA Air – Infinity MileageLands (2:1.5)
  • Finnair Plus
  • Qantas Frequent Flyer
  • Singapore Airlines KrisFlyer
  • TAP Miles&Go
  • Turkish Airlines Miles&Smiles
  • Virgin Red
  • Wyndham Rewards

You can also apply the miles at a rate of 1 mile = 1 cent toward travel purchases through Capital One Travel.

Like its personal/consumer counterpart (the Capital One Venture X Rewards Credit Card) the business flavor comes with access to Capital One Airport Lounges and a Priority Pass Select membership. Plus, there’s an annual $300 travel credit and yearly gift of 10,000 bonus miles starting your second year of card membership.

If you’re conservative and value Cap One miles at a cent each, the annual bonus miles and $300 travel credit help come out ahead of the card’s $395 annual fee.

Two empty chairs on a cruise ship balcony overlook the wake of the ship
(©iStock.com/jeffclow)

Up to $3,000 Cash Back

If you’re more into cash, the Capital One Spark Cash Plus offers a bonus structure similar-ish to the Capital One Venture X Business card’s

New cardholders can earn $1,500 cash back after spending $20,000 on eligible purchases within three (3) months of being approved for card membership. (The previous award was $1,200 for $30,000 in spending, so this offer is definitely an improvement.)

They can earn an additional $1,500 cash back after spending a total of $100,000 on eligible purchases within six (6) months of being approved for card membership.

The Spark Cash Plus earns unlimited 2% cash back on each eligible purchase. Hotels and rental cars booked through Capital One Travel earn unlimited 5% cash back.

The card carries a $150 annual fee that’s refundable if you spend $150,000 in purchases during a calendar year.

Time to Set Sail

Capital One reduced the minimum spending requirements for two of its small business credit cards’ early spend bonus — and increased how many miles (or how much cash back) you can earn during the promotional period.

These are limited-time offers expiring March 11, 2024 — which will be here before you know it.

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Advertiser Disclosure: Frequent Floaters is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. Some or all of the card offers that appear on the website are from advertisers. Compensation may impact how and where card products appear on the site. This site does not include all card companies or all available card offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed, or approved by any of these entities.

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.

Chris Carley
Chris Carley
Chris, in addition to running EyeoftheFlyer.com, is a travel, points, miles, and credit card aficiando. He can teach us how to leverage points to make one unimaginable cruise not just attainable but affordable. Why not fly and stay for free before the cruise — which you’ll pay for with points?

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