Go Back  FlyerTalk Forums > Miles&Points > Credit, Debit and Prepaid Card Programs > Capital One | Rewards Miles
Reload this Page >

What is really wrong with Capital One Venture Rewards?

Community
Wiki Posts
Search

What is really wrong with Capital One Venture Rewards?

Thread Tools
 
Search this Thread
 
Old Sep 16, 2010, 12:38 pm
  #1  
Original Poster
 
Join Date: Dec 2006
Location: BTR, MSY
Programs: DL, BA, AA, UA, HHonors, PC
Posts: 200
What is really wrong with Capital One Venture Rewards?

I am trying to find a new credit cards for my parents. They will fly out of IND to RSW and sometimes to AGS. They tend to fly during peak periods. They have no status and will redeem for economy flights. It seems they have missed the boat on most 2% cashback cards so what is wrong with the Capital One Venture Rewards Card? It seems to offer 2% back, free foreign exchange fees (although they won't use), and no expiration date on rewards. They can redeem easily during peak periods. I will forewarn about the customer service and possible low credit line. Am I missing anything else? Any other card- miles or cash back? Anyone have the best sign up bonus for this card?
boilers is offline  
Old Sep 16, 2010, 3:18 pm
  #2  
 
Join Date: Jan 2008
Location: Georgia
Programs: DL DM/2MM
Posts: 1,036
Payments can take up to 10 days to clear, even electronic payments. In the meantime you're subject to hitting that low credit limit.
safigan is offline  
Old Sep 17, 2010, 5:37 am
  #3  
Original Poster
 
Join Date: Dec 2006
Location: BTR, MSY
Programs: DL, BA, AA, UA, HHonors, PC
Posts: 200
Yikes, that is bad. Worse than I thought. Would the Chase Sapphire Preferred be the next best option?
boilers is offline  
Old Sep 17, 2010, 6:46 am
  #4  
FlyerTalk Evangelist
 
Join Date: Jan 2005
Location: home = LAX
Posts: 25,933
Originally Posted by boilers
Yikes, that is bad. Worse than I thought. Would the Chase Sapphire Preferred be the next best option?
I hope you don't think that because of the TV commerical where they go: "You redeemed Chas Sapphire points for a last-minute holiday trip to Hawaii?"

What that ad doesn't say is how many points that took.

And what it doesn't say, of course, is that it is absolutely no problem to redeem at the last minute for the very last two seats on the plane, with almost all real mileage programs, as long as you use double miles (50000 for domestic instead of 25000). (And with some airlines you also have to pay a fee for last-minute, but that fee likely would be the same whether using these unrestricted awards or the half-price restricted awards.)

So it's very misleading to talk about how easy or hard it is with some program to redeem miles/points/whatever if you don't talk about how many it takes, since in so many programs just using twice as much eliminates all the hassles of "no availability".

The thing is, people have been hearing the marketing about 25000 miles for a domestic flight so long, they think that's what they "should" pay, and most people don't even consider the 50000 miles for "last seat" option.

But the people who write Chase Sapphire TV ads do!!!
sdsearch is offline  
Old Sep 18, 2010, 2:27 pm
  #5  
 
Join Date: Dec 2009
Programs: UA*S A3*G TK *G EY G AA G RJ Gold IHG Spire Amb HH DIamond Marriott Gold BW DIAMOND SELECT
Posts: 60
capital vs Chase IHG (Priority Club)

Actually,Capital one has been very good to me, but they are stingy with their credit limits. I called them to explain I would be out of the country and they tagged my account so my credit card wouldn't be denied abroad. They even gave me bonus points for my trouble.

I suggest calling CS for any problems they seem very responsive (perhaps because of their prior bad reputation)

That having been said, Chase now offers a no fee foreign fee Priority Club Visa Card, It appears you have to sign up for Priority Club to see the offer on your account, I suspect the credit limits are high as they are with all the other Chase credit cards
flyinhy is offline  
Old Sep 18, 2010, 11:31 pm
  #6  
 
Join Date: Mar 2006
Location: Chicago
Programs: Mileage Plus, Rapid Rewards
Posts: 949
I would suggest looking very seriously at the Travelocity Rewards Card. It offers rebates on any purchase on Travelocity, including 10% back on Travelocity purchases (5pts/$ and each point is worth 2c if you redeem 20,000 points for $400), 4% (2 pts/$) back on restaurants, grocery stores, gas stations OR drugstores, and 2% (1pt/$) back on everything else.
CMHFlyerOH is offline  


Contact Us - Manage Preferences - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.