Capital One no fee card, is it a good deal?
Jul 11, 2003, 12:37 pm
#1
Original Poster
Join Date: Jul 2003
Location: Ft Myers, FL
Posts: 3
Capital One no fee card, is it a good deal?
I just got another mailing from Capital one, at least they offer 1 mile for $1. The
AMEX card I have gives only 1/2 mi.per $1.
Capital One says "fly on any major US based airline" no blackout dates or seat restrictions. They don't say which airlines, is Delta included? It's the most used airline out of my city, I've been trying to accumulate AMEX-Delta skymiles but without the fee cards it's difficult to build up miles. Will Delta combine miles from both cards? I'm a real newbie and getting some good ideas from this board!
AMEX card I have gives only 1/2 mi.per $1.
Capital One says "fly on any major US based airline" no blackout dates or seat restrictions. They don't say which airlines, is Delta included? It's the most used airline out of my city, I've been trying to accumulate AMEX-Delta skymiles but without the fee cards it's difficult to build up miles. Will Delta combine miles from both cards? I'm a real newbie and getting some good ideas from this board!
Jul 11, 2003, 12:43 pm
#2
Original Poster
Join Date: Jul 2003
Location: Ft Myers, FL
Posts: 3
I partially answered my own question...Capital one requires 75,000 miles for US?Europe ticket, where Delta Skymiles is only 50,000 and you can buy miles to supplement. Guess I should just bite the bullet and get the $55 fee AMEX..
in order to build miles faster.
in order to build miles faster.
Jul 11, 2003, 1:03 pm
#3
Join Date: Jun 2002
Location: SFO/JFK/DRO
Posts: 275
I'd recommend paying the fee instead of keeping the 0.5 miles/$1 card, if you have any kind of charge volume, as you'd earn twice as many miles. Or perhaps getting my favorite, the Starwood Amex, for $30 (and free the first year).
If you don't charge a lot, CapitalOne may still not be a good choice, as it would take years to earn a ticket with CapitalOne. Keep in mind that the CapitalOne "miles" can't be combined with miles you earn from flying, or bonus miles, etc, making earning enough for a flight to Europe a much more difficult proposition.
If you don't charge a lot, CapitalOne may still not be a good choice, as it would take years to earn a ticket with CapitalOne. Keep in mind that the CapitalOne "miles" can't be combined with miles you earn from flying, or bonus miles, etc, making earning enough for a flight to Europe a much more difficult proposition.
Jul 11, 2003, 1:05 pm
#4
FlyerTalk Evangelist
Join Date: Apr 2001
Location: DCA
Programs: AMC MovieWatcher, Giant BonusCard, Petco PALS Card, Silver Diner Blue Plate Club
Posts: 22,297
Welcome to Flyertalk, Floroz!
You may find these past discussion threads useful:
Regards,
Gary
------------------
View from the Wing: A blog about Free Miles and Free Markets
You may find these past discussion threads useful:
- Airline credit cards - any suggestions?
- What is the best airline credit card deal?
- Cheapest Credit Card with Miles
- Capital One MilesOne Mystery
- Narrowed it down to 4 credit cards
- No Annual Fee Credit Cards that Convert to Miles
- Universal Miles vs. Airline Miles
Regards,
Gary
------------------
View from the Wing: A blog about Free Miles and Free Markets
Sep 4, 2003, 9:03 pm
#5
FlyerTalk Evangelist
Join Date: Apr 2001
Location: DFW, AA, Hilton
Posts: 16,692
I just received an offer from CapitalOne MilesOne Rewards, and would like to know if this is indeed an excellent offer for a mile chaser. I have enough credit cards right now so I don't want to jump into another one unless it's worth it. I'd appreciates comments from other CapitalOne cc holders too. Thanks.
0% intro APR on transferred balance until Feb. 2005; 8.9% fixed apr thereafter.
Receive up to 5,000 bonus miles on trnasferred balance.
There is no transfer fee and no annul fee.
0% intro APR on transferred balance until Feb. 2005; 8.9% fixed apr thereafter.
Receive up to 5,000 bonus miles on trnasferred balance.
There is no transfer fee and no annul fee.
Sep 4, 2003, 9:12 pm
#6
A FlyerTalk Posting Legend
Join Date: Jul 2002
Location: MCI
Programs: AA Gold 1MM, AS MVP, UA Silver, WN A-List, Marriott LT Titanium, HH Diamond
Posts: 52,574
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Floroz:
I just got another mailing from Capital one, at least they offer 1 mile for $1. The
AMEX card I have gives only 1/2 mi.per $1.
Capital One says "fly on any major US based airline" no blackout dates or seat restrictions. They don't say which airlines, is Delta included? It's the most used airline out of my city, I've been trying to accumulate AMEX-Delta skymiles but without the fee cards it's difficult to build up miles. Will Delta combine miles from both cards? I'm a real newbie and getting some good ideas from this board!</font>
I just got another mailing from Capital one, at least they offer 1 mile for $1. The
AMEX card I have gives only 1/2 mi.per $1.
Capital One says "fly on any major US based airline" no blackout dates or seat restrictions. They don't say which airlines, is Delta included? It's the most used airline out of my city, I've been trying to accumulate AMEX-Delta skymiles but without the fee cards it's difficult to build up miles. Will Delta combine miles from both cards? I'm a real newbie and getting some good ideas from this board!</font>
For some people, home-grown credit-card miles are the perfect solution; for others they are not. All depends on your spending habits, travel patterns, and other avenues for earning airline miles and/or hotel points.
You'll see a lot of strong opinions on this board: most of us strongly favor airline mileage cards and are inherently suspicious of home-grown credit card miles. I'm in that camp right now, but will probably be taking a closer look at home-grown miles in 2004 or 05.
Sep 4, 2003, 10:36 pm
#7
Join Date: Jun 2001
Location: Santa Monica, CA, USA
Posts: 1,013
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by ChaseTheMiles:
0% intro APR on transferred balance until Feb. 2005; 8.9% fixed apr thereafter.
Receive up to 5,000 bonus miles on trnasferred balance.
There is no transfer fee and no annul fee.
</font>
0% intro APR on transferred balance until Feb. 2005; 8.9% fixed apr thereafter.
Receive up to 5,000 bonus miles on trnasferred balance.
There is no transfer fee and no annul fee.
</font>
And make sure you don't use the card while you are doing this, as purchases probably won't have a 0% interest rate.
Sep 4, 2003, 11:05 pm
#8
Join Date: Dec 2002
Location: Taunton, MA
Posts: 447
At the present time you need to be making a decision as to what is more important to you, miles toward a free ticket the cost of which may be increasing or a fixed interest rate.
The adjusting interest rate cards have no where to go but up up and up just like mortgage rates have started back up.
If you normally run a balance watch out especially if it is a large balance.
Remember how high interest rates got with the large government deficits and especially after the first Gulf War.
Like has been repeated before read the fine print and compare before getting these cards.
Remember right now the best performing stocks seem to be financial stocks like banks. Of course Oil companies are doing OK as usual.
The adjusting interest rate cards have no where to go but up up and up just like mortgage rates have started back up.
If you normally run a balance watch out especially if it is a large balance.
Remember how high interest rates got with the large government deficits and especially after the first Gulf War.
Like has been repeated before read the fine print and compare before getting these cards.
Remember right now the best performing stocks seem to be financial stocks like banks. Of course Oil companies are doing OK as usual.