Originally Posted by lily23

To be honest, I've been considering this card as well, even though it has an annual fee. Partially because I've pretty much run through most of the other cards worth churning in Canada, but also because I have a planned vacation in Australia/NZ and IHG is pretty much the only major chain present in NZ (except for Accor, but don't get me started on that program!). 60,000 points would be enough for two nights at the Intercontinental which would save me ~$400, so even considering the $120 its not a horrible deal.

Not sure if anyone has experienced this since I've never applied for a Capital One card but under "This card is right for you if you have Excellent Credit", if you click Excellent Credit, one of the conditions is that "•In the last three months, you haven't opened or requested any new credit". So if you are going to do a batch of applications, maybe do this one first?