FlyerTalk Forums - View Single Post - Keeping Capital One cards? [Cancel, Exchange, Retention Offers, all cards]
Old Mar 17, 2012 | 1:53 am
  #116  
lrluis
 
Join Date: Mar 2011
Programs: I was loyal to One Pass & Star Alliance before FT ... now I value all miles and programs
Posts: 219
Originally Posted by flyguy
I am pleased to have found this thread. I am considering the no fee Capital One Venture card now. I am within 30 days of cancelling my British Airways Visa which I took for the 100,000 mile bonus. I put another $30,000 of charges on the card but don't want to pay the $95 renewal fee. BTW, that $30,000 in a year is advertised to get you a free companion award ticket in any class. Upon asking about it, I found those charges had to be within a Jan 1-31 Dec period not 12 months from card issue.
So I asked to have the fee waived for the coming year and they refused and I am cancelling.

My credit rating is very very good so I don't anticipate any problem acquiring the Capital One card. I was wondering how the any airline feature of the card rewards worked. Could anyone help with that?
Wow - did they offer you any money at all? I called to cancel my BA card last night and they offered me $50 to try and offset the fee. I only spent $4K on the card since I received it.

Also, to stick with the topic at hand, I did NOT get a retention offer for cancelling the cap 1 venture card, and opted for the option to downgrade to the no fee cash back card.
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