[Expired]Cap One 100,000 Mile Signup Bonus ("Status Match") for their Venture Card
Mar 11, 2011, 9:52 am
#407
Join Date: Sep 2006
Programs: United: 1K
Posts: 390
From the FAQ on the above card: It appears this card will not earn any miles for using it..
"
Q: Do I receive AAdvantage miles when using this card?
A: You won't earn extra AAdvantage miles using this card. Of course, you still receive AAdvantage miles on your applicable American Airlines flight activity.
"
It would be hard for C1 to say with a straight face that they are offering to match miles against it.
"
Q: Do I receive AAdvantage miles when using this card?
A: You won't earn extra AAdvantage miles using this card. Of course, you still receive AAdvantage miles on your applicable American Airlines flight activity.
"
It would be hard for C1 to say with a straight face that they are offering to match miles against it.
You'll also continue to earn AA miles for your travel from AA.
Mar 11, 2011, 9:52 am
#408
Join Date: Aug 2010
Location: Texas
Programs: AA EXP, UA Premier Plat, Alaska MVP Gold, HHonors Diamond, SPG Platinum, Hyatt Platinum
Posts: 2,053
Mar 11, 2011, 9:53 am
#409
Join Date: Dec 2002
Location: jax fl us
Posts: 39
I don't think the AA card (as opposed to the Citi AA cards) is considered a competitor to Venture - its not a normal credit card -can be used for AA flights only - not at other merchants.
Mar 11, 2011, 9:55 am
#410
Join Date: Aug 2010
Location: Texas
Programs: AA EXP, UA Premier Plat, Alaska MVP Gold, HHonors Diamond, SPG Platinum, Hyatt Platinum
Posts: 2,053
They weren't saying you wouldn't get C1 VMiles for purchases on C1... they were explicitly talking about which card C1 was matching against - in this case, the Citi AA cards (MC/Visa/Amex) which earn miles per dollar, not the AA-provided credit card (which earns no miles on spend).
Mar 11, 2011, 9:56 am
#411
Join Date: Sep 2006
Programs: United: 1K
Posts: 390
The part they don't equate to other airlines is that although you get "double miles" your are really getting worse redemption. $1 = 2miles but 2 miles redeemed are worth 1 penny. Most other airlines you'll get nearly double redemption value or possibly more.
"Capital One! It's double miles... oh we omiited the part on half redemption value against typical market redemption rates, and by the way we pulled all 3 bureaus, sorry."
"Capital One! It's double miles... oh we omiited the part on half redemption value against typical market redemption rates, and by the way we pulled all 3 bureaus, sorry."
The 110,000 miles you can get from this deal are worth $1100
You are confused
Mar 11, 2011, 9:57 am
#412
Join Date: Aug 2010
Location: Texas
Programs: AA EXP, UA Premier Plat, Alaska MVP Gold, HHonors Diamond, SPG Platinum, Hyatt Platinum
Posts: 2,053
You're right that C1 is targeting the folks holding mileage-earning airline cards, those co-braded and issued as network credit cards.
Mar 11, 2011, 10:04 am
#413
Join Date: Dec 2002
Location: jax fl us
Posts: 39
Experian and Transunion inquiries for me.
Mar 11, 2011, 10:12 am
#414
Join Date: Nov 2009
Posts: 737
I believe my FICO's were in the lower 700s. My VantageScores were certainly in the 810-825 range. I also have had around 3 inquiries on Transunion, 5 on Equifax, and 9 on Experian. About 6 or 7 new accounts in last 6 months, and oldest credit account is 3 years old only.
I was instantly approved with 5k limit, but of course, YMMV
I was instantly approved with 5k limit, but of course, YMMV
Mar 11, 2011, 10:17 am
#415
Join Date: Feb 2011
Posts: 7
Forgive a Noob for the question, but where are you guys seeing your credit pulls so quickly?
Mar 11, 2011, 10:21 am
#416
Join Date: Jan 2010
Location: BOS
Posts: 102
For all those still thinking you will have to send in a credit card statement, see this article on View from the Wing from yesterday (posted earlier in this thread):
http://boardingarea.com/blogs/viewfr...atching-bonus/
The point is that you will NOT have to send in a credit card statement. Only a frequent flyer rewards statement. The article makes it sound as if they won't care about the source of the miles. For example, if you send in this month's statement with a balance of 100,000 miles but no activity, then C1 won't have any way of telling where the miles came from.
http://boardingarea.com/blogs/viewfr...atching-bonus/
The point is that you will NOT have to send in a credit card statement. Only a frequent flyer rewards statement. The article makes it sound as if they won't care about the source of the miles. For example, if you send in this month's statement with a balance of 100,000 miles but no activity, then C1 won't have any way of telling where the miles came from.
Mar 11, 2011, 10:49 am
#417
Join Date: Apr 2010
Location: New York
Programs: AA, BA, SPG, CO, JB
Posts: 28
Was instantly approved!
Now to decide which account to match.
I have 50k in US Airways > Could buy another 50k (for 100% bonus) and match that > will they know?
Or I have 140k in AA starting balance but due to redemption this month, I am left with 2k > will they accept a Feb statement or do you think they will verify?
Any tips ?
Now to decide which account to match.
I have 50k in US Airways > Could buy another 50k (for 100% bonus) and match that > will they know?
Or I have 140k in AA starting balance but due to redemption this month, I am left with 2k > will they accept a Feb statement or do you think they will verify?
Any tips ?
Mar 11, 2011, 10:54 am
#418
Used to be Colonelwes
Join Date: Sep 2004
Posts: 69
appvd w/30K limit, awaiting email for registration.
Mar 11, 2011, 10:55 am
#419
Join Date: Jun 2005
Location: New Orleans, LA
Programs: AA Platinum, SPG Gold, Marriott Gold, Hilton Diamond
Posts: 272
Was instantly approved with 20,000 limit.
It seems that their intention was to match miles earned through credit card spend, but if you can submit only one statement that would be difficult to establish since no one would have earned 100,000 miles in one month.
Does anyone have details on the email address to which we can submit our statement? Has anyone submitted yet?
It seems that their intention was to match miles earned through credit card spend, but if you can submit only one statement that would be difficult to establish since no one would have earned 100,000 miles in one month.
Does anyone have details on the email address to which we can submit our statement? Has anyone submitted yet?
Mar 11, 2011, 11:05 am
#420
In Memoriam
Join Date: May 2001
Location: Southern California
Programs: Hertz 5 star, Priceline Hotel bidder. AA PLT, 1MM.
Posts: 2,910
Was instantly approved!
Now to decide which account to match.
I have 50k in US Airways > Could buy another 50k (for 100% bonus) and match that > will they know?
Or I have 140k in AA starting balance but due to redemption this month, I am left with 2k > will they accept a Feb statement or do you think they will verify?
Any tips ?
Now to decide which account to match.
I have 50k in US Airways > Could buy another 50k (for 100% bonus) and match that > will they know?
Or I have 140k in AA starting balance but due to redemption this month, I am left with 2k > will they accept a Feb statement or do you think they will verify?
Any tips ?