Cap1 VentureOne to Quicksilver - What Happens to Points?
Oct 16, 2019, 9:47 am
#1
Original Poster
Join Date: Jul 2006
Location: SAN
Posts: 1,171
Cap1 VentureOne to Quicksilver - What Happens to Points?
Just saw I have an offer to upgrade from VentureOne to Quicksilver. Does anyone know what happens to my current points balance? Right now they're worth 0.5% if redeemed for cash back, so I could see them cutting the balance in half to keep the value equivalent, in which case it would be better to zero out my points balance first before pulling the trigger on the upgrade.
Thanks!
Thanks!
Oct 18, 2019, 9:15 am
#3
Original Poster
Join Date: Jul 2006
Location: SAN
Posts: 1,171
Anyone know how long the offer will typically stay? I haven't been using the card a lot recently but I did use it a couple months ago in London for TfL that it lets me redeem against. That could work and I've heard that Capital One lets you redeem multiple times against the same purchase. Otherwise I have a high likelihood of having to pay for checked bags for my Thanksgiving trip this year and that might end up being enough to use up the points.
Oct 23, 2019, 2:03 am
#4
Join Date: Jul 2014
Location: JRF
Programs: AA Gold, Marriott Platinum, Hilton Diamond, National Executive Elite
Posts: 1,784
I did the reverse, going from Quicksilver to VentureOne, with about -$100 in my rewards balance. It went 1:1, becoming a -10,000 points balance, except the earning rate also went down from 1.5% to 1.25%. If anything, Quicksilver is better to earn (and redeem for cash), and VentureOne better to redeem (non-cash).