Originally Posted by
Caspavio
while i generally agree with you, i would not reduce spending on this card for the sake of it. 2x general spending is still the best out there unless you go cashback. furthermore, vx is one of the only few to have no foreign transactions fee, so very useful for overseas spend
The reason I'm moving my spending away from Venture X is that I have a good alternative: Fidelity Visa by Elan Financials.
It offers 2X cashback (automatically transfers to a Fidelity account, and can be transfered again to other bank accounts) , no foreign transaction fees, and even Global Entry/TSA precheck starting last year.
It is a lot easier to redeem cashbacks than Venture X miles because Venture X requires either travel purchases or transfer to airline miles.
As of last year Avianca was my preferred travel partner for Venture X but Avianca has devalued so much it is no longer a good deal.