@Anonymous wrote:
@Santi78342 wrote:
@Anonymous wrote:
@Anonymous wrote:Besides the grand credit lines, what does Venture offer..?
The Venture card is a good travel card. Nothing too amazing, but it's a good card, with 2X miles per dollar and a 40,000 point bonus on $3,000 in 3 months. It does have a $59 AF, though.
Do the points have to be redeemed for travel? Or is this effectively a 2% cash back card? I see the $59 AF is waived for the first year.
Not cash back. 40,000 points = $400 in travel. Redeemable for a variety of different travel expenses.
Travel expenses are quite liberally defined, so we are talking about things like plane tickets, hotels, rental cars, trains etc. However, we are also talking about cab fare, subways, buses as well. So depending on your expenses you may have travel costs that you did not even consider travel.
From cap 1 FAQ:
Can I redeem my rewards for something other than travel?
You can also redeem your miles for cash, gift cards and more. Rates for these other redemption options vary and are subject to change without notice. As an Accountholder, you can visit capitalone.com to register your account and see a complete description of current redemption offers.
;
@Anonymous wrote:Paperchasers, I edited my post. It can be used to wipe out non travel expenses but at much smaller redemption rate.
Cash rate sucks as well. My current 60,000 points equates to $300 in cash
So the 40,000 bonus is worth $200 in cash. Hmmmm.....
@red259 wrote:
@Anonymous wrote:
@Santi78342 wrote:
@Anonymous wrote:
@Anonymous wrote:Besides the grand credit lines, what does Venture offer..?
The Venture card is a good travel card. Nothing too amazing, but it's a good card, with 2X miles per dollar and a 40,000 point bonus on $3,000 in 3 months. It does have a $59 AF, though.
Do the points have to be redeemed for travel? Or is this effectively a 2% cash back card? I see the $59 AF is waived for the first year.
Not cash back. 40,000 points = $400 in travel. Redeemable for a variety of different travel expenses.
Travel expenses are quite liberally defined, so we are talking about things like plane tickets, hotels, rental cars, trains etc. However, we are also talking about cab fare, subways, buses as well. So depending on your expenses you may have travel costs that you did not even consider travel.
From cap 1 FAQ:
Can I redeem my rewards for something other than travel?You can also redeem your miles for cash, gift cards and more. Rates for these other redemption options vary and are subject to change without notice. As an Accountholder, you can visit capitalone.com to register your account and see a complete description of current redemption offers.
none of that applies to me either. Gas should tototally be considered a travel expense! 
