Capital One Spark Cash Plus

Earn a $2,000 bonus each time your total spending hits another $500,000 increment during your first cardmember year. This milestone repeats with no cap, so the more you spend, the more bonuses you can unlock. Spending resets after year one, so these milestone bonuses are only available in the first year.

Earn 5% cash back on hotels and rental cars, at a higher rate than the standard 2% on other purchases. To get the 5%, you must book through Capital One Business Travel — bookings made directly with hotels or rental agencies earn the base rate. There's no cap on how much you can earn.

Earn 2% cash back on every business purchase, with no category restrictions or earning limits. Cash back accumulates automatically and can be redeemed as a statement credit or check. This flat rate applies everywhere the card is accepted, with no rotating categories to track.

Get your $150 annual fee refunded as a statement credit each year you spend at least $150,000 in net purchases. The credit is applied automatically once you reach the threshold before your membership anniversary date. You must hit the spend minimum every year to receive the refund.

This card charges no additional fees when you make purchases abroad or in a foreign currency. The waiver applies automatically, whether you're buying in person overseas or shopping from international websites.