Free Vacation With Million Dollar Loan And Other Promotions

This post is geared towards people who have a flourishing business. If you open a small business loan with Capital One for $1 million, they will not only knock off 1% of the APR, but they will give you a voucher for a vacation where ever you want up to $12,000 in value. You must open the loan in May 2015 and the voucher would expire after December 31, 2016. This voucher is from the same travel agency group that handles the Citi Prestige 4th night free, Carlson Wagonlit. My buddy, who provided the news about the Chase sign up offer, made a great point. If you can get the loan, make sure it is in the terms that there are no prepayment penalties upon opening the account. Once you get your voucher and loan in order, use the loan money to pay it off and you have yourself a free vacation. You’ll likely incur some interest to pay as you wait for the voucher. From the terms and conditions, it sounds like you’ll receive a W9 for the vacation. Quick off the top of the head math, my friend mentioned that you’ll need at least $5 MM/month in revenues before being approved for a loan of that size.

Terms and Conditions:

Take A Trip On Us Offer: Get a trip to a destination of your preference. Please speak to your banker for full terms and conditions. Offer available to eligible small businesses that submit a new loan application for $1 million and above during the calendar month of May 2015, are approved and complete documentation to become a lending customer, and have opened their loan before December 31, 2015. In order for Sole Proprietorship businesses to qualify, the business owner must be a U.S. citizen or Resident Alien.

Qualifying businesses must submit a W-9 form to Capital One for potential 1099 tax reporting.

Qualifying businesses will receive a travel certificate from Carlson Wagonlit redeemable for one trip, limited to a total cost of $12,000 including taxes. Trip is subject to Carlson Wagonlit policies and limitations, and arrangements must be made with Carlson Wagonlit by December 31, 2016.

A maximum of one travel certificate is allowed per qualifying business. Travel certificate will expire after December 31, 2016. Account must be open and in good standing at the time of trip redemption.

All loans are subject to credit and property approval. Maximum loan limits and minimum equity down payment requirements may apply. This does not represent an offer to enter into a loan agreement.


I’ve been eyeing a small business checking account that will allow an unlimited number of transactions per month, and I wouldn’t mind paying for a fee, and it looks like Capital One is offering that for this month and the promotion will last for 12 months. Enter the Spark Business Unlimited Checking as an eligible account for the promotion. Typically, this account has a $35/month service fee which adds up to a $420 savings. I want to sign up, but I am in transition with my business accounts and looking at filing for a new EIN so I can’t quite open the Capital One account at this time. I don’t think I have enough time from now until the end of the month to have all my ducks in a row.

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