Mar 20, 2023, 12:59 am
Last edit by: SpaethCo
This needs additional details for business cards, but for personal cards it's important to point out that all Venture cards retain the full availability to transfer miles to partners.
Capital One product change link: https://verified.capitalone.com/auth...ProductUpgrade
Important Note: Capital One refers to every product change as an "upgrade" even if you are technically changing to a lower tier card. Only a handful of other products tend to be available (ie, Savor cards rarely show up as an "upgrade" option), and the cards you are presented by the upgrade link may vary over time. For the Venture and Venture X, the no annual fee VentureOne is often presented as a product change option and can be a valuable option to preserve a points balance.
The no annual fee VentureOne card only earns 1.25x points for purchases, but it retains all of the rest of the Venture card transfer powers.
For example, the no annual fee combo of SavorOne and VentureOne would earn 3x points on Dining/Grocery/Entertainment (SavorOne) and 1.25x points on everything else (VentureOne). With that combination you retain the 1:1 transfer ability with all of Capital One's transfer partners.
Capital One product change link: https://verified.capitalone.com/auth...ProductUpgrade
Important Note: Capital One refers to every product change as an "upgrade" even if you are technically changing to a lower tier card. Only a handful of other products tend to be available (ie, Savor cards rarely show up as an "upgrade" option), and the cards you are presented by the upgrade link may vary over time. For the Venture and Venture X, the no annual fee VentureOne is often presented as a product change option and can be a valuable option to preserve a points balance.
The no annual fee VentureOne card only earns 1.25x points for purchases, but it retains all of the rest of the Venture card transfer powers.
For example, the no annual fee combo of SavorOne and VentureOne would earn 3x points on Dining/Grocery/Entertainment (SavorOne) and 1.25x points on everything else (VentureOne). With that combination you retain the 1:1 transfer ability with all of Capital One's transfer partners.
Keeping Capital One cards? [Cancel, Exchange, Retention Offers, all cards]
Jan 27, 2015, 4:24 pm
#260
Join Date: Jul 2011
Posts: 44
Received a credit for half the AF
Mint alerted me that the AF posted. I called in a couple of days later (today) and told the rep I was thinking of cancelling the card. I then asked for a fee waiver or credit. He said there was nothing he could do, but said he could check with the next level up. I was placed on hold for about 3-4 minutes before the rep came back on and told me they could credit me back half the annual fee. I went ahead an accepted it as I already have a Venture One card (fee free version). I'll probably cancel it come fee time next year.
. Will cash out and then cancel. Anyone know how many days I have until AF no longer refundable?
Mar 3, 2015, 1:04 pm
#263
Join Date: Mar 2013
Posts: 95
I called a couple months before AF was due. They approved for a fee waiver, however I had to call back once the AF posted. I did that last month and they waived the fee and it showed up as a credit on my statement before my statement even closed. I will probably cancel it when the fee comes around next year as well, unless they waive it again 
Mar 5, 2015, 9:32 am
#264
Join Date: Jun 2013
Posts: 57
My fee posted about 2 weeks ago. I have some rewards on account that I want to use still, so I called and asked how long i have to decide whether or not I want to cancel. She asked to put me on hold and then told me her supervisor let her waive the fee. I didn't even specifically ask. ^
As a frame of reference, after meeting the minimum for bonus, i used the card about $50-$100/month.
As a frame of reference, after meeting the minimum for bonus, i used the card about $50-$100/month.
Mar 5, 2015, 12:53 pm
#265
Join Date: Jan 2011
Location: LAX
Programs: Delta Silver, Marriott Gold, HH Diamond, Ex-UA Gold, Ex-AA Gold , Ex-SPG Gold, Peon everywhere else
Posts: 616
Wife had her AF waive last month. Only spent the minimum (3K) last year for the 50K bonus. Had not used it since March of last year.
Mar 11, 2015, 7:50 am
#266
Join Date: Nov 2011
Location: Iowa
Posts: 727
It sounds like it's very likely that the annual fee can be waived.
With that being said, is there a good reason to keep this card? Would there be a better card out there for someone that has a $30k -$35k/year credit card spend?
Thanks.
With that being said, is there a good reason to keep this card? Would there be a better card out there for someone that has a $30k -$35k/year credit card spend?
Thanks.
Mar 13, 2015, 8:38 am
#267
Join Date: Aug 2014
Posts: 1,303
All of that assumes you don't do much Euro traveling as the Arrival is supposedly better for that.
Last edited by DeltaNeutral28; Mar 13, 2015 at 8:39 am Reason: .
Mar 16, 2015, 9:28 am
#268
Join Date: Nov 2011
Location: Iowa
Posts: 727
I took a look at some notes I'd written in my Capital One folder and saw that I was able to get the annual fee waived last year and that the representative told me this was a one-time waiver.
So, if I can't get the fee waived when it posts in 2 weeks, can I cancel the card and reapply for a new one? Is there a 'waiting period' if I want to do that?
Thank you.
So, if I can't get the fee waived when it posts in 2 weeks, can I cancel the card and reapply for a new one? Is there a 'waiting period' if I want to do that?
Thank you.
Mar 16, 2015, 1:51 pm
#269
Join Date: Jun 2010
Posts: 99
I took a look at some notes I'd written in my Capital One folder and saw that I was able to get the annual fee waived last year and that the representative told me this was a one-time waiver.
So, if I can't get the fee waived when it posts in 2 weeks, can I cancel the card and reapply for a new one? Is there a 'waiting period' if I want to do that?
Thank you.
So, if I can't get the fee waived when it posts in 2 weeks, can I cancel the card and reapply for a new one? Is there a 'waiting period' if I want to do that?
Thank you.