Capital One Venture or Chase Sapphire Preferred?

[MMTT31]

Hello All,

I have a purchase of close to 5000 bucks soon and was wondering which one would you guys choose for this. If I were to get the Capital One card I would have 500 bucks for travel (40,000 points for promo offer and 10000 Points for purchase at 2X points).

The other option would be the chase Sapphire preferred card which would give me 40,000 points, plus 5000 if I sign an authorize user, plus 5,000 for the purchase and net me 500 bucks for travel. But if you book travel through them you get 20% discount. The only problem with chase is that I already have about 12,000 of revolving credit with them, and I am scared they will just tell me no more and burn an inquiry. Thanks in advance for your help.

[B335is]

CSP hands down. How old is existing Chase acct?

[MidnightJester]

I would say Chase and the CSP. It is in my planned next APP SPREE early next year. If you have good credit score numbers and decent income I think CSP will give you a amazibng CL if you already have 12,000 with them on anothert card. They relly seem to like giving goood or better CL on second cards through them. My first is my Freedom my Second will be CSP,

and extra 20% off is a big savings on a big trip if you can plan it through them

[fot1]

Chase hands down for me..

[coldnmn]

In my opinion Chase CSP.

[Skye12329]

Think the answer is obvious now  CSP and on the brightside if or when you get approved the minimum approval limit you will have is 5k I dont know if Venture is similar to approving on limits. 

[Anonymous]

Remember, if they were to decline your CSP app recon may solve the matter and/or shift some CL from one of your other Chase Cards to make it work. Possibilities for CLIs seem to favor Chase too.

[MMTT31]

Hey guys, thanks for the reply's. I have three cards through chase, a freedom with a CL of 5,500, a amazon credit card with 500, and a Disney card with a 6500 CL. The newest being the Disney card, which I got in May. I didn't recently get a 1000 on the freedom and was Instantly approved for the Disney after I had to recon for the freedom and amazon last year. Like I said I am just don't want to burn an inquiry with chase but we shall see what happens. The only reason the venture is in the mix is because the 2x points but I already have a barclaycard that gets that.

[MMTT31]

Applied to the Chase Sapphire and was instantly approved for 5,000. Thanks everyone!!!

[coldnmn]

Congrats! Thanks for sharing.