Mar 20, 2023, 12:59 am
Last edit by: SpaethCo
This needs additional details for business cards, but for personal cards it's important to point out that all Venture cards retain the full availability to transfer miles to partners.
Capital One product change link: https://verified.capitalone.com/auth...ProductUpgrade
Important Note: Capital One refers to every product change as an "upgrade" even if you are technically changing to a lower tier card. Only a handful of other products tend to be available (ie, Savor cards rarely show up as an "upgrade" option), and the cards you are presented by the upgrade link may vary over time. For the Venture and Venture X, the no annual fee VentureOne is often presented as a product change option and can be a valuable option to preserve a points balance.
The no annual fee VentureOne card only earns 1.25x points for purchases, but it retains all of the rest of the Venture card transfer powers.
For example, the no annual fee combo of SavorOne and VentureOne would earn 3x points on Dining/Grocery/Entertainment (SavorOne) and 1.25x points on everything else (VentureOne). With that combination you retain the 1:1 transfer ability with all of Capital One's transfer partners.
Capital One product change link: https://verified.capitalone.com/auth...ProductUpgrade
Important Note: Capital One refers to every product change as an "upgrade" even if you are technically changing to a lower tier card. Only a handful of other products tend to be available (ie, Savor cards rarely show up as an "upgrade" option), and the cards you are presented by the upgrade link may vary over time. For the Venture and Venture X, the no annual fee VentureOne is often presented as a product change option and can be a valuable option to preserve a points balance.
The no annual fee VentureOne card only earns 1.25x points for purchases, but it retains all of the rest of the Venture card transfer powers.
For example, the no annual fee combo of SavorOne and VentureOne would earn 3x points on Dining/Grocery/Entertainment (SavorOne) and 1.25x points on everything else (VentureOne). With that combination you retain the 1:1 transfer ability with all of Capital One's transfer partners.
Keeping Capital One cards? [Cancel, Exchange, Retention Offers, all cards]
Mar 24, 2017, 7:53 am
#316
Join Date: Dec 2002
Location: Washington, DC, Chapel Hill, NC (RDU)
Programs: DL Plat (won't hit DM again) 2MM (2.5), HH Gold, PC Gold, Hyatt Plat
Posts: 5,626
Another year, another credit of the $59 AF on the CapOne Venture card. I've had this card since it was created, spend about $10-12,000 a year on it and never paid a fee.
Mar 24, 2017, 8:04 am
#317
Join Date: Jan 2010
Posts: 698
Mar 24, 2017, 8:24 am
#318
Join Date: Dec 2002
Location: Washington, DC, Chapel Hill, NC (RDU)
Programs: DL Plat (won't hit DM again) 2MM (2.5), HH Gold, PC Gold, Hyatt Plat
Posts: 5,626
Just call and ask. I've actually got 4 CapOne cards -- the Venture, the free Venture with the 1.25% cash back, a Sony card that came over from whichever company originally issued Sony credit cards, and Visa Platinum that seems to earn 2 miles per dollar but that I don't use and never get charged a fee for.
Apr 5, 2017, 9:35 am
#319
Join Date: Mar 2008
Posts: 1,536
I had the Venture Miles card (since closed), but the "miles" rolled over to my Rewards Visa card (1.25 "miles").
When you go to redeem for cash, it's half, as you said.
If you go to redeem against charges on the card, it appears to be 1% (ie, 60,000 "miles" = $600).
If you redeem for CERTAIN gift cards (only those with a $200 or more option), it's 20,000 "miles" for $200.
but it's like 7,500 for a $25 card and so on. I think it's over 15,000 "miles" for the $100 gift cards.
And not all the gift cards offer the $200 option.
But again, it may be different if you still have the Venture card.
Apr 14, 2017, 9:58 pm
#320
Join Date: Jan 2008
Posts: 1
Have had a Cap One Venture card for years and always satisfied until now. Charge over 50,000 a year and pay in full monthly. Use the rewards for gift cards and sometimes the eraser for travel. Have been trying for over a week to get a travel charge changed from other services to travel so I can use the eraser. The charge is obvious in that it has both the word Sea and Resort in it. Cap One continues to research it like its the hardest decision they can make. Why do CC companies advertise and give tons of miles for new accounts and then treat good existing customers like crap when an easy question is before them.......Guess its time to let it gather some dust.....Like they would even notice or care.
Nov 15, 2017, 6:01 pm
#323
Join Date: Nov 2014
Location: CLT
Programs: AA Plat, DL, WN, HH Diamond, Marriott Lifetime Silver, HY, Global Entry
Posts: 49
I have had a Venture since 2010 and have been satisfied, with big charges always paid on time with no problems. However, I did not see a reason to pay an annual fee for 2% back on travel since I can get other cards that give 2% cash with no annual fee. So I called today since my annual fee would be charged tomorrow. They only offered to downgrade me to a worse card with no annual fee. I turned that down, and they said OK, we'll close your card. No attempt at retention and no offer to cancel the annual fee. It took about 2 minutes and that's it. Oh well, their loss.
Feb 24, 2018, 2:03 pm
#324
Join Date: May 2015
Location: LAX, BUR
Programs: AS,AA,JB, HH Gold, Starriott Titanium Elite, Hyatt Explorist, Global Entry
Posts: 1,933
Feb 24, 2018, 3:14 pm
#325
Join Date: Dec 2002
Location: Washington, DC, Chapel Hill, NC (RDU)
Programs: DL Plat (won't hit DM again) 2MM (2.5), HH Gold, PC Gold, Hyatt Plat
Posts: 5,626
Feb 25, 2018, 6:09 pm
#326
Join Date: May 2015
Location: LAX, BUR
Programs: AS,AA,JB, HH Gold, Starriott Titanium Elite, Hyatt Explorist, Global Entry
Posts: 1,933
Just goes to show HUCA, A nice lady was more than happy to credit the fee this evening.
I called two days ago and got a "No we can't do this after it posts". from two guys.
I didn't recall calling prior to the posting last year and got the credit.
I called two days ago and got a "No we can't do this after it posts". from two guys.
I didn't recall calling prior to the posting last year and got the credit.
Mar 19, 2018, 8:15 am
#327
Join Date: Dec 2002
Location: Washington, DC, Chapel Hill, NC (RDU)
Programs: DL Plat (won't hit DM again) 2MM (2.5), HH Gold, PC Gold, Hyatt Plat
Posts: 5,626
Another year, another annual fee credit for the Cap One Venture card when I called after it appeared on my March statement. I wondered that maybe it wouldn't come through this year now that they have raised the annual fee. But the AF is still billed at $59 and a quick call got it credited again. My annual spend on this card is about $15,000.
I've never paid an AF on this card and got it with the match your miles promo years ago.
Very satisfied with their fraud protection warnings.
I've never paid an AF on this card and got it with the match your miles promo years ago.
Very satisfied with their fraud protection warnings.
Mar 19, 2018, 5:46 pm
#328
Join Date: Aug 2005
Programs: AA LTP, UA, DL, HH, Marriott/SPG
Posts: 585
Another year, another annual fee credit for the Cap One Venture card when I called after it appeared on my March statement. I wondered that maybe it wouldn't come through this year now that they have raised the annual fee. But the AF is still billed at $59 and a quick call got it credited again. My annual spend on this card is about $15,000.
I've never paid an AF on this card and got it with the match your miles promo years ago.
Very satisfied with their fraud protection warnings.
I've never paid an AF on this card and got it with the match your miles promo years ago.
Very satisfied with their fraud protection warnings.
I noticed that if I call a day or 2 after statement closes, they won't give me the waiver. But, when I call back about a week later, they always give me the waiver.
Dec 16, 2018, 3:04 pm
#329
Join Date: Aug 2012
Location: NYC
Programs: sad kettle
Posts: 43
Posting to provide a data point: Be v. careful with the Capital One card, if you plan on churning/not keeping past the 1st year. I was hit with the AF on the Spark Business card last month and called to attempt a waiver. Denied, no problem, but offered to downgrade to a no AF Spark card with the original $95 fee reversed. Turns out, they never reversed the fee and then charged me a late fee and interest on top, even though I had agreed to a downgraded product! 1st call, spoke to 2 people and was told by a supervisor that my T&C state that I owe the fee regardless. Made no sense - if I knew I'd be charged regardless I would have just kept the old card for at least another few months.
HUCA - was able to get everything taken off...crossing my fingers that this is actually the case haha...Guess I'll find out on my next statement!
HUCA - was able to get everything taken off...crossing my fingers that this is actually the case haha...Guess I'll find out on my next statement!
Jan 18, 2019, 12:06 am
#330
Join Date: Sep 2007
Location: Miami Beach, Florida
Programs: AA Plat, Sixt Platinum, Hilton Gold, Hyatt Platinum, Avis First, Caesars TR Diamond, Mlife Gold
Posts: 4,928
With the new airline partner miles transfer program, things are looking good for Venture in 2019.