A Capital One rewards card offers one time $150 signup bonus when you meet the minimum spending threshold of $500. You must spend the $500 within a period of 3 months starting from the day that you open your account. The $500 is a low minimum spending requirement and you can easily meet this requirement in the following 4 ways.

1. Pay for Your Utility Bill
You can link your Capital One card in the account that you use to pay your utility bill. Many utility companies like cable, internet and phone, require you to link your card to pay the monthly bill. This allows you to earn points while paying for these necessary services that you are already using. You can check with your utility company to see if they allow you to use credit card to make payment for the bill.

2. Pay for a Home Repair
If your house has some damaged system or structure, you can use the credit card to hire the repairman. For example, hiring a plumbing company to fix a broken pipe is going to cost a lot of money. You can grab this opportunity to use the card to pay for the plumbing services. After using the card to pay for the repair fee, you can use your savings to pay off the credit card bill. Paying the bill in full at the month end allows you to reap the cash back in full so that you don’t have to pay any interest fee.

3. Pay for Your Rental Fee
Some landlords accept payment for the rental fees via credit card. There may be some fee charges that the landlord will charge when you use the credit card to pay for the rental fee. The fee is about 2.5% – 3% of the rent amount. It is completely worthwhile to use your credit card to pay for a rental fee. Since your rent will be at least a few hundred dollars, you can quickly meet the minimum spending requirement of the signup bonus program.

4. Pay for Your Tuition Fee

Another way to reach the minimum spending requirement is to use the card to pay for a tuition fee. Tuition fee can amount to a few hundred to a few thousands dollars per semesters. If you are not currently enrolled in any college, you might want to enroll in one as it can offer you the opportunity to get a promotion. You earn double rewards in this way, first you can earn a big voucher by meeting the signup bonus program and you are also giving yourself an opportunity to increase your earning potential with a job promotion that is likely to take place in the near future.