Are you looking for a credit card that can help you save money on interest while also earning cash back on your purchases? Look no further than the Capital One Spark Cash Select credit card. This card offers a 0% intro APR for 12 months on purchases, making it a great option for anyone looking to finance a large purchase or consolidate existing credit card debt. In addition to the introductory APR, the card also offers a signup bonus, annual fee, non-expiring points, annual hotel savings benefit, card benefits, virtual card numbers, a statement credit, gift cards, and mileage transfer. In this article, we will take a detailed look at all of the features and benefits offered by the Capital One Spark Cash Select credit card.
Card Features
The Capital One Spark Cash Select credit card offers a number of features that make it a great option for anyone looking to save money on interest and earn cash back on their purchases. Some of the key features of the card include:
0% Intro APR for 12 Months on Purchases
This introductory offer allows cardholders to make purchases without incurring any interest for the first 12 months of card membership. This can be a great way to finance a large purchase or consolidate existing credit card debt without having to pay additional interest charges.
Signup Bonus
The Capital One Spark Cash Select credit card offers a signup bonus of $200 when you spend $3,000 on purchases within the first 3 months from account opening. This bonus can be a great way to get a head start on earning cash back with your new credit card.
Annual Fee
The Capital One Spark Cash Select credit card has no annual fee.
Non-Expiring Points
The rewards earned by using the Capital One Spark Cash Select card never expire as long as the account is active and in good standing.
Annual Hotel Savings Benefit
Cardholders will receive an automatic credit of $100 each year on hotel stays booked and paid for through the Capital One Travel Center.
Virtual Card Numbers
The Capital One Spark Cash Select card allows you to generate a unique virtual card number for online shopping that can be easily canceled, so you can shop safely and with peace of mind.
Statement Credit
The Capital One Spark Cash Select card offers a statement credit of up to $59 per year for access to a live concierge service.
Gift Cards
You can redeem your rewards for gift cards, including ones to popular retailers like Amazon, Walmart, and Target, as well as many others.
Mileage Transfer
The Capital One Spark Cash Select credit card also allows you to transfer your rewards to airline miles or hotel points with a selection of travel partners.
Earning Cashback
One of the main benefits of the Capital One Spark Cash Select credit card is the ability to earn cash back on your purchases. The card offers an unlimited 1.5% cash back on every purchase, with no limits or rotating categories to keep track of. This makes it easy to earn cash back on all of your spending, no matter what you're buying.
The rewards can be easily redeemed for cash, a statement credit, gift cards, or transferred to travel partners.
Signup Bonus Terms
As mentioned above, the Capital One Spark Cash Select credit card offers a signup bonus of $200 when you spend $3,000 on purchases within the first 3 months from account opening. This bonus can be a great way to get a head start on earning cashback with your new credit card, but there are a few terms and conditions to be aware of. Here are a few key things to know about the signup bonus:
- To be eligible for the bonus, you must be a new card member and make $3,000 in purchases within the first 3 months of opening your account.
- The bonus will be credited to your account within 6-8 weeks after you meet the spending requirement.
- The bonus is subject to the terms and conditions of the card agreement and may be subject to change.
- The bonus is considered taxable income, so you may be responsible for paying taxes on the amount you receive.
Card Benefits
The Capital One Spark Cash Select credit card also offers a number of card benefits that can help protect you while you're traveling or shopping. Some of the key benefits include:
Annual Hotel Savings Benefit
Another unique benefit of the Capital One Spark Cash Select credit card is the annual hotel savings benefit. With this benefit, cardholders will receive an automatic credit of $100 each year on hotel stays booked and paid for through the Capital One Travel Center. This can help you save money on your next vacation or business trip.
To take advantage of this benefit, you will need to book your hotel stay through the Capital One Travel Center and pay for it with your Capital One Spark Cash Select credit card. Once your stay is complete, the $100 credit will be automatically applied to your account.
Travel Accident Insurance
This coverage can help protect you in case of accidental death or dismemberment while traveling on a common carrier.
24-Hour Travel Assistance Services
If you need help while you're traveling, you can call the travel assistance hotline for assistance with things like emergency medical, legal, and financial services.
Auto Rental Collision Damage Waiver
If you rent a car and pay for it with your Capital One Spark Cash Select credit card, you'll be covered for damage to the rental car, subject to the terms and conditions of the card agreement.
Extended Warranty
This benefit can help extend the manufacturer's warranty on eligible items purchased with your Capital One Spark Cash Select credit card.
Summary
The Capital One Spark Cash Select credit card is a great option for anyone looking to save money on interest and earn cash back on their purchases. With a 0% intro APR for 12 months on purchases, a signup bonus, no annual fee, non-expiring points, annual hotel savings benefit, card benefits, virtual card numbers, a statement credit, gift cards, and mileage transfer, this card offers a range of benefits that can help you make the most of your spending. If you're interested in applying for the Capital One Spark Cash Select credit card, you can click on the offers on the official website to start the application process.
Updated January 30, 2023