New capital one venture X
Thoughts on new capital one venture x card. Better than chase sapphire reserve/Amex platinum?
The venture x is a no brainer for me atleast for the first year. After that also, it still makes sense
Take sapphire reserve and freedom unlimited - all your freedom unlimited points become 2.25 with reserve - this means flat 2.25 on all expenses. Travel and restaurants you’ll earn 3 points which become 4.5 with reserve If you have freedom as well - 5% category becomes 7.5% with reserve. The best is to have the 3 cards and use all. Nothing beats this.
This was the best trifecta when CSRs AF was $450. And this captured a lot of users for them too. Now they want to reap the benefits and want to actually get back the money they gave away these 5 years. It’s the end of the cycle where they are depending on people being lazy to switch to keep paying the AF. The cash back may seem a lot but you spend months just trying to break even. Then when you ACTUALLY start getting returns.. ppl with competitors cards have been making money for a few months now. Obviously depends on different peoples mileage but I’m talking about a general case
Amex Plat has become an expensive coupon booklet. Ventur X offers the best value because of the travel credit and bonus on renewal each year. The only unknown is Cap One portal which I haven’t used much. If that turns out to be reasonable, that card is a keeper. The biggest benefit of that card is free additional users and free Priority pass for each additional users. I used that to send a card and priority pass to my family in Indian. I am hoping they will enjoy the lounge whenever they travel next
Holy Cow. Looks like a great card! $395 fee and $400 worth of direct travel benefits every year. Not even counting the airport lounge access. Yep, I’m in. Thanks for the heads up!
300$ credit is through cap one travel portal
This should be a no brainer. Venture X is a "free" card if you travel at least once a year. With the $300 travel credit + the 10k miles they give you annually, you are guaranteed to get your money back. On top of that, you get the same 10x hotel + car rental and 5x for flights as csr. There's no point getting csr at all unless you eat at Michelin star restaurants a lot and/ or taking Lyft often. Platinum is debatable with all the credits you get back, but not worth it to me personally.
Thing that sucks about this card is the $10,000 spend on 6 months for 100k points. Amex is $6,000 for the same amount of points
Also I wonder how long they’ll keep the price tag so low. This is definitely a way to lure us into getting it and jacking up the fee next year
Amex plat ruined their rewards, did they not? I got the Venture X because I already have the CSP and the limited $200 credit for Airbnb along with the rest of the perks. I’ll probably keep it for a year then downgrade. Saving AMEX for last (from a churning perspective)