Best CC for CLT
Just want to start by saying how amazing everyone on this forum is, I've been a member for a decent bit but have only recently dedicated some real time to reading through everything. After pouring over tons of posts I've been thoroughly assessing my situation and was hoping for some friendly input.
I'll try to summarize my situation with all of the relevant details:
Reward Goals: Free economy flights and hotel stays (my wife and I are just interested in getting to places for free/cheaply as possible) primarily to Europe or SE Asia.
Location: We live in Charlotte which makes the AA and BA offers much harder to use
Current Spend: Put everything on a primary CC and pay off in full every month, probably average around 3k per month. We both have excellent credit (~mid 700's)
Current Status:
- US Airways: No status but have 16k miles currently (primarily from 2 TA trips)
- Marriott: Gold status but not travelling much with work anywhere and not on track to maintain
Current CC's:
- BOA Signature Visa: No fee card that I've had forever that I basically have to keep my avg. age high and don't use at all
- AMEX Gold: Use to be primary card but am considering switching, card is 5/6 years old though which I think helps my credit score. AMEX waived $150 annual fee for this year when I was planning to cancel and I have until August
- Marriott Visa: $65 annual fee, card I use for hotel stays and keep largely b/c of the free night stay voucher
- Chase BA: Applied during last bonus for the 100k miles but have since cancelled the card (worst customer service x5 of any CC company I've dealt with - side vent)
- Chase BA: $95 annual fee, Just applied for a new one in my wife's name but plan to cancel before renewal next year
- CapOne Visa: $75 annual fee, in wife's name as well, only got 10k sign-up bonus but is currently both of ours primary spend card due to 2% rewards rate
With that data dump, my question is if the CapOne Venture One card is best card for us? I keep reading about the SPG Amex but am having a hard time understanding how the 1% earn rate and even 1.25% redemption rate (if transferring to airline miles) is better than CapOne 2% earn rate?
THANKS!
Adam
UPDATE: Just realized I put this in the wrong thread, my bad. Trying to figure out how to delete/move but having no luck - sorry.
Last edited by Rubaflo; Apr 16, 2011 at 10:48 am