Yes, you can upgrade your Capital One Spark Cash Plus card to a better offer as long as you’ve had the card for at least several months, and you will have the best odds if your credit score and income have gone up since you applied. To see if your Capital One Spark Cash Plus card qualifies for an upgrade, call customer service at the phone number on the back of your card. Capital One also periodically sends targeted upgrade offers to existing cardholders on their online account.
Capital One Spark Cash Plus Card Upgrade: What You Should Know
Capital One does not state a specific amount of time the card account must be open before it’s eligible for an upgrade, but it’s a good idea to wait at least 6 months before requesting an upgrade.
Capital One only allows upgrades to cards within the same card family. For example, you cannot upgrade from Capital One Spark Cash Plus to a business card or co-branded card.
If you upgrade to a Capital One card with an annual fee, the charge will appear on the new card’s first monthly statement.
If you’re eligible for a refund on your Capital One Spark Cash Plus card’s annual fee, Capital One will pro-rate the amount of your refund, based on how long it’s been since the fee posted to your original account.
You will not be eligible for any initial bonuses or introductory 0% APR offers associated with the new card, unless they’re included as part of the upgrade offer.
Capital One Spark Cash Plus card upgrades do not require a hard inquiry on your credit report, so there’s no effect on your credit score.
A Capital One Spark Cash Plus card upgrade typically takes just a few minutes. If you are approved, you should receive your card within 7-10 business days from the approval date. Your card number won’t change, but you will receive a new card with an updated expiration date and security code.
You can use your old card until the new one arrives, and it will have all the benefits of the new card as soon as the upgrade is complete. Your current credit limit and APR will carry over to the new card, as will any unredeemed rewards, unless stated differently in the upgrade terms.
You can request a Capital One Spark Cash Plus credit limit increase online, through the Capital One mobile app, or by calling customer service at the number on the back of your card. To raise your chances of being approved for a higher credit limit, pay your bill on time for at least six straight months, reduce your outstanding debt, and update the income Capital One has on file. Capital One will be more likely to increase your credit limit if the revised income clearly shows that you can afford a higher limit.… read full answer
How To Get a Capital One Spark Cash Plus Credit Limit Increase Online
Log in to your online account or the Capital One mobile app.
Choose the Capital One Spark Cash Plus card from the list of account options (if you have more than one Capital One card).
Click “I Want To...,” and then “Request Credit Line Increase.”
Enter your total annual income and last year's total business revenue.
Confirm the information entered and click “Submit” to complete the request.
You should receive a decision in just a few seconds. If you’re approved for a Capital One Spark Cash Plus credit limit increase, the new limit is effective immediately.
Impact of a Capital One Spark Cash Plus Credit Limit Increase on Your Credit Score
When you request a Capital One Spark Cash Plus credit limit increase, Capital One will conduct a soft pull of your credit report, which does not affect your credit score. However, some Capital One Spark Cash Plus credit limit increase requests may involve a hard pull, which will cause a short-term dip in your credit score. Capital One cannot do a hard pull without your permission.
Alternatively, you could be eligible for a Capital One Spark Cash Plus credit limit increase without even requesting one. The Capital One Spark Cash Plus card may offer an automatic credit limit increase if Capital One’s regular review of your account shows a history of on-time payments and low debt. An automatic credit limit increase involves a soft pull, which does not affect your credit score.
There are no Capital One Spark Cash Plus categories for bonus rewards. The Capital One Spark Cash Plus card instead gives a flat rewards rate on all purchases.
There are plenty of other credit cards that do offer bonus rewards in specific categories, though. If you’re looking for a rewards credit card with bonus categories, a good place to start your search is WalletHub’s list of the … read full answerbest rewards credit cards.
To add a Capital One Spark Cash Plus authorized user, log in to your online account and click on the account you’d like to add someone to, or call customer service at the number on the back of your card. You will need to provide the person's full name, phone number, date of birth, and Social Security number to add them as an authorized user.… read full answer
A primary cardholder can make anyone a Capital One Spark Cash Plus authorized user, as there are no minimum age requirements.
How to Add a Capital One Spark Cash Plus Authorized User Online
Log in to your Capital One Spark Cash Plus card account.
Click on the account you’d like to add someone to.
Click “Add Account User”.
Choose whether the user will be an Account Manager with full login access, or an Authorized User with limited access.
Enter the user’s full name, phone number, date of birth, and Social Security number.
When you add a Capital One Spark Cash Plus authorized user, they will receive their own credit card, sent to your mailing address, within 7-10 business days of being added to the account. The authorized user’s credit card will be linked to your account and will have full access to the account’s credit limit. Capital One authorized users are able to make purchases, view their card's balance, replace a lost or stolen card, and dispute transactions. However, they cannot manage their card's spending limit, receive monthly statements, or make payments.
In addition, any purchases an authorized user makes on the account will appear on your statement, and as the primary cardholder, you are responsible for all purchases on the account. Capital One reports account information to all three of the major credit bureaus, which affects not only the user’s credit history, but also the primary cardholder’s. Authorized users may be removed from an account at the user’s or primary cardholder’s request at any time, and for any reason.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.