We are VERY seriously considering this one- might be worth a look to some here so posting the details. Capital One Spark Cash- 1k back on a 10k purchase within 3 months. With an additional 2% back for the spend- this is 12% CASH if you can make the spend. We usually stay away from cash back cards- better redemption value on points/miles- but we can't ignore this one. They also have the same 10% back for smaller spends if 10k is out of your range.
P.S. There is a rumor that Cap1 is instituting their own version of 5/24 soon- or may have already (DoC post)- but information is conflicting based on what I have read at Frequent Miler. Also note that Cap1 reports their business cards to your PERSONAL credit report, so they will count as 5/24 with Chase. We don't care about Chase anymore- have pretty much written them off for a couple of years- but we got in during the 'hay days' and worked the UR game in 2 player mode for over 2 million URs before 5/24 was implemented so we have made peace with not being able to get more URs from sign up bonuses. Lastly, Cap1 pulls reports from all 3 credit bureaus, so your credit score will take a short term hit as well. If you are a cash back person this is a good one IMHO.
P.S. There is a rumor that Cap1 is instituting their own version of 5/24 soon- or may have already (DoC post)- but information is conflicting based on what I have read at Frequent Miler. Also note that Cap1 reports their business cards to your PERSONAL credit report, so they will count as 5/24 with Chase. We don't care about Chase anymore- have pretty much written them off for a couple of years- but we got in during the 'hay days' and worked the UR game in 2 player mode for over 2 million URs before 5/24 was implemented so we have made peace with not being able to get more URs from sign up bonuses. Lastly, Cap1 pulls reports from all 3 credit bureaus, so your credit score will take a short term hit as well. If you are a cash back person this is a good one IMHO.