Originally Posted by
thedlr
So they just never reverse the credit? I'm good to go?
Last year it was never clawed back, but it's always possible they could start doing that since this was never technically supposed to work.
They updated the terms for the Venture X travel credit now (see subnote 7):
https://www.capitalone.com/credit-ca...vel-and-miles/
Annually, eligible Venture X primary account holders will receive a $300 Capital One Travel credit (“Credit”) to use toward purchases made through Capital One Travel. Each annual Credit will expire on the next account open date anniversary. The Credit will be available within Capital One Travel and can be applied to purchases at checkout. The Credit may be used in whole for a single purchase or in part over multiple purchases. Rewards will not be earned on the Credit. If the purchase using the Credit is canceled, the Credit will be restored if it is not expired. An expired Credit will not be restored upon cancellation. A Venture X card account must be open and in good standing to receive or use the Credit.
Looks like they tossed in a nice little devaluation when they closed the loophole.