C1 Venture X $300 Travel Booking credit
#17
Join Date: Nov 2021
Programs: IHG, Marriot, Emirates
Posts: 121
I'm not sure whether this is a response to me and what you've posted is largely incoherent, but in case I wasn't clear the question is this.
Book a vacation rental that you are not sure you are going to be able to go to for $600. $600 charged to your card, with a $200 statement credit.
You cancel. What happens? I assume that you get a refund of $600 but then the credit is clawed back.
My question: Do you then get a chance to re-use the credit that was clawed back?
My fundamental question: How sure of your rental do you need to be to avoid losing the $200 credit if you will not get it back?
Book a vacation rental that you are not sure you are going to be able to go to for $600. $600 charged to your card, with a $200 statement credit.
You cancel. What happens? I assume that you get a refund of $600 but then the credit is clawed back.
My question: Do you then get a chance to re-use the credit that was clawed back?
My fundamental question: How sure of your rental do you need to be to avoid losing the $200 credit if you will not get it back?
Hope this answers your question.
#18
Join Date: Nov 2007
Location: PHX
Posts: 4,787
From the terms and conditions page of the card, "If the credited vacation rental purchase is canceled, the statement credit may be removed from your account, though it can be reissued on any past or future vacation rental purchases up to $200."
Hope this answers your question.
Hope this answers your question.
#19
Join Date: Apr 2008
Location: MSP
Programs: Delta SkyMiles GM/United Mileage Plus/Hilton Honors
Posts: 166
C1 Venture X $300 Travel Booking credit
My first statement closed yesterday. A purchase that I made with Cap1 travel has not yet triggered the annual $300 credit, I am only 3 days since it posted. I did use miles to offset another travel purchase and the credit was applied the following day.
How long are people seeing before the $300 credits appear? I do have the ability to go in and offset that purchase but I want to wait until I receive the $300 to see if I am able to do both.
How long are people seeing before the $300 credits appear? I do have the ability to go in and offset that purchase but I want to wait until I receive the $300 to see if I am able to do both.
#21
Join Date: Jan 2014
Location: TYS/BNA/ATL
Programs: UR, TYP, MR, C1, AA, UA, WN, BA, AS, AV, AC, Choice, Hyatt, IHG, Hilton, Wyndham, Marriott
Posts: 1,978
C1 Venture X $300 Travel Booking credit
Did somebody try to use $300 portal credit and then cancel the booking? What happens to credit then?
#22
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,955
You will receive a statement credit for up to $300 in purchases made via Capital One Travel. The $300 statement credit will be provided as a single credit if the Capital One Travel purchase is greater than or equal to $300, or in multiple statement credits until the total Capital One Travel purchases are greater than or equal to $300. The credit will appear in your account within 1-7 business days, but it may take up to 2 billing cycles after purchase. If the credited Capital One Travel purchase is canceled, the statement credit may be removed from your account, though it can be reissued on any past or future Capital One Travel purchases up to $300. Your Venture X card account must be open and in good standing at the time of statement credit fulfillment.
#24
Join Date: Jan 2001
Posts: 2,838
C1 Venture X $300 Travel Booking credit
#25
Join Date: Aug 2008
Location: PHL
Programs: UA 1K 1MM, Marriott Gold, IHG Platinum, Raddison Platinum, Avis Presidents Club
Posts: 5,271
#26
Join Date: Jan 2014
Location: TYS/BNA/ATL
Programs: UR, TYP, MR, C1, AA, UA, WN, BA, AS, AV, AC, Choice, Hyatt, IHG, Hilton, Wyndham, Marriott
Posts: 1,978
#28
Join Date: Aug 2012
Posts: 544
I don’t have an answer, but have essentially the same data point. Booked a $350 flight on 1/3 through Cap1 travel. No credit yet. Statement even closed in the interim showing the full charge without any offset for credit. Seems like most credits were posting much quicker, but maybe credits from early this year are taking longer for some reason? I don’t have any reason to think mine won’t post, but given it’s my first time using Cap1 Travel it doesn’t give me a great feeling having to check every day.
#29
Join Date: Oct 2018
Posts: 6
C1 Venture X $300 Travel Booking credit
I don’t have an answer, but have essentially the same data point. Booked a $350 flight on 1/3 through Cap1 travel. No credit yet. Statement even closed in the interim showing the full charge without any offset for credit. Seems like most credits were posting much quicker, but maybe credits from early this year are taking longer for some reason? I don’t have any reason to think mine won’t post, but given it’s my first time using Cap1 Travel it doesn’t give me a great feeling having to check every day.
I booked a VRBO stay which posted on 1/6, $200 credit posted exactly a week later on 1/13
Booked a rental car through C1 portal, posted 12/9, $300 credit posted 12/14
Last edited by tchave01; Feb 7, 2022 at 7:19 am Reason: Updated credit
#30
Join Date: Mar 2010
Location: PIT
Programs: OZ Diamond, UA Gold
Posts: 9,922
C1 Venture X $300 Travel Booking credit
I’m eyeing this card because I’d like a premium travel card but don’t want to pay too high an annual fee as I don’t get much out of priority pass since I’m *G (I personally place about $50 value to use it in PIT and using the meal credit once in a while). However, hearing reports in this thread that the portal isn’t that great. Truth be told I’d only use the portal to use the $300 rebate and never any other time. I’m not too worried about mileage earning. Thoughts? For those who’ve been using the card, is the $300 rebate worth the hassle or should I look elsewhere?