Capital One 50K Referral Offer
It appears there is a targeted Capital One 50K referral offer floating around on business cards. If targeted, and you have a new business to refer, this is an insane deal. Capital One has a slew of transfer partners, offers regular transfer bonuses for even more value, or you can use as a travel purchase eraser for $0.01 per point. At a minimum, this referral offer is worth $500 per successful approval! Let's dig into the details.
Capital One Referral Rules & Bonuses
Capital One has weird referral rules. First, you can only refer to a business card from another business card and a personal card only from a business card. Second, you cannot earn a referral bonus if the person or business referred has ever been a customer. Luckily, that means a personal card customer for a personal card referral and a business card customer for a business card referral.
Generally, Capital One referral bonuses are 20,000-30,000 points, with 25,000 Capital One miles being normal.
Capital One 50K Referral Offer
Targeted emails are going out to Capital One business card holders for 50K referral offers, up to a cap of 250,000 miles per year. I received the email with the subject line: [Name]: You're only a few steps away from earning a referral bonus of 50,000 miles. This targeted offer was for my Venture X Business card. While the 50,000 referral offer is the highest I can ever recall, my personal referral link does not offer a referral to either the Venture X Business card or the Spark Cash Plus card. If you're not familiar, these are the two most competitive Capital One business cards available and are the only two Capital One cards that do not affect 5/24.
My targeted referral offers are only for these cards:
- Spark 2% Cash Card, or
- Spark 2X Miles Card
Capital One 50K Referral Offer: ToP Thoughts
If you are targeted for the Capital One 50K referral offer and have a new business to refer, this is great. Unfortuntely, it does not appear referral to the two best Capital One business cards are available. But if your referee doesn't care about a 5/24 hit, they can still get either a 50,000 Capital One Miles or $1,000 cash bonus and you'd get 50,000 miles for your referral.
Were you targeted for this offer? Come over to our Facebook group and let us know.
