@redpat wrote:OP, Venture is really a 2% cash back card that will reimburse travel charges such as hotels, airfare and car rentals. If you don't travel this card may not be for you.
I know there are many Venture haters but I travel extensively and I don't want to have a lot of credit cards this card gives me the rewards I want w/ no FTF. I didn't want to use QS because my spend w/ 2% rewards and sign-up bonus is better than 1.5% even with the $59 AF.
So when I travel abroad I use my CSP for 2x meals and Venture for my other purchases for 2%.
I like the flexiblity Venture gives and their rewards and payment postings are better than Citi DC which can be a PIA and include FTF of 3%.
I do want to travel a lot but right now I don't have the finances but I was originally under the impression that the Venture ALWAYS gives 2% back regardless of how you spend your rewards. That's one of the reasons I app'd. It wasn't until yesterday that I began to do some math and things weren't adding up correctly. I got highly confused lol. But they do reimburse you for hotels and rentals. Hmmmm..... I don't know what to do now.
@black_citi wrote:
NOW I SEE LOL!!! After the bonus that venture will be trash lolol. I see why KDM hates the Venture. I think I'm starting to dislike the Venture too lol. With the DC you earn 2% regardless. With the QS you earn 1.5% regardless. With the Venture you earn 2% ONLY on travel and gift cards. 1% on everything else AND it has an annual fee!
In 6 months the 10k limit will be transfered to my QS lol. I should have read up on this a bit more before I app'd. You live and learn. Thanks guys for your input and straightening this out for me.
No, you just don't travel abroad to domestic.
KMD hates AF cards, doesn't travels much and this is why he hates Venture.
Personal Cards: Amex Plat | Amex Delta Res | CSR | Citi AA Exec Business Cards: Ink+ | Amex BGR
@black_citi wrote:
@redpat wrote:OP, Venture is really a 2% cash back card that will reimburse travel charges such as hotels, airfare and car rentals. If you don't travel this card may not be for you.
I know there are many Venture haters but I travel extensively and I don't want to have a lot of credit cards this card gives me the rewards I want w/ no FTF. I didn't want to use QS because my spend w/ 2% rewards and sign-up bonus is better than 1.5% even with the $59 AF.
So when I travel abroad I use my CSP for 2x meals and Venture for my other purchases for 2%.
I like the flexiblity Venture gives and their rewards and payment postings are better than Citi DC which can be a PIA and include FTF of 3%.
I do want to travel a lot but right now I don't have the finances but I was originally under the impression that the Venture ALWAYS gives 2% back regardless of how you spend your rewards. That's one of the reasons I app'd. It wasn't until yesterday that I began to do some math and things weren't adding up correctly. I got highly confused lol. But they do reimburse you for hotels and rentals. Hmmmm..... I don't know what to do now.
@black_citi wrote:
@redpat wrote:OP, Venture is really a 2% cash back card that will reimburse travel charges such as hotels, airfare and car rentals. If you don't travel this card may not be for you.
I know there are many Venture haters but I travel extensively and I don't want to have a lot of credit cards this card gives me the rewards I want w/ no FTF. I didn't want to use QS because my spend w/ 2% rewards and sign-up bonus is better than 1.5% even with the $59 AF.
So when I travel abroad I use my CSP for 2x meals and Venture for my other purchases for 2%.
I like the flexiblity Venture gives and their rewards and payment postings are better than Citi DC which can be a PIA and include FTF of 3%.
I do want to travel a lot but right now I don't have the finances but I was originally under the impression that the Venture ALWAYS gives 2% back regardless of how you spend your rewards. That's one of the reasons I app'd. It wasn't until yesterday that I began to do some math and things weren't adding up correctly. I got highly confused lol. But they do reimburse you for hotels and rentals. Hmmmm..... I don't know what to do now.
@black_citi wrote:
@redpat wrote:OP, Venture is really a 2% cash back card that will reimburse travel charges such as hotels, airfare and car rentals. If you don't travel this card may not be for you.
I know there are many Venture haters but I travel extensively and I don't want to have a lot of credit cards this card gives me the rewards I want w/ no FTF. I didn't want to use QS because my spend w/ 2% rewards and sign-up bonus is better than 1.5% even with the $59 AF.
So when I travel abroad I use my CSP for 2x meals and Venture for my other purchases for 2%.
I like the flexiblity Venture gives and their rewards and payment postings are better than Citi DC which can be a PIA and include FTF of 3%.
I do want to travel a lot but right now I don't have the finances but I was originally under the impression that the Venture ALWAYS gives 2% back regardless of how you spend your rewards. That's one of the reasons I app'd. It wasn't until yesterday that I began to do some math and things weren't adding up correctly. I got highly confused lol. But they do reimburse you for hotels and rentals. Hmmmm..... I don't know what to do now.
@black_citi wrote:
Once I hit that 3k spend bonus I'll get 40000 miles which is equal to $400 in travel. That's 1% back
There's no correlation between the 40,000 miles and 1% back.
You can think about it in this sense, you spend $3,000 and get $400 cashback.
The Venture is a 2% cashback restricted to travel redemption + $400. The only comparable card would be an Arrival+.
The Quicksilver is only 1.5%. So let's do some quick math for the first year:
Spend $10,000
Venture = $400 + $200 = $600
Citi DoubleCash 2% = $200
QuickSilver 1.5% = $150
The Venture in the first year beats the pants off almost every cashback card out there in the first year as long as you have travel expenses to redeem.
After the first year, if you're a frequent traveler, the 2% back is decent but you'd have to travel pretty frequently to offset that $60 AF.
Venture first year bonus is great + the high starting limit. 2nd year, PC it to the Quicksilver unless yuo travel ALOT
I got 3 Ventures so I will be getting $1,200 free cashback this year.
Next year I will consolidate my 3 Ventures into one $60K Quicksilver.
3 Ventures --> $1200 free --> $60K Quicksilver... that's just win-win-win in my book 
@kdm31091 wrote:
I dont "hate" AF cards. I hate cards with fees that make no sense. There is no reason to pay a fee for a restricted 2 percent card. If you want to, have at it. But its pure marketing nonsense, and nothing else.
If one doesnt travel enough to justify a Venture they certainly cannot justify a CSP.
And OP yes it reimburses travel at 2 percent but my Double Cash reimburses EVERYTHING at 2 percent with no fee. So whats really the better deal? Other than no FTF I have yet to see one good argument for Venture. "But you get full value for gift cards" doesnt count because you can get that elsewhere for free.
Im not against AF but paying an AF for Venture is just not worth it. You get no extra travel benefit.
It's all about FTF.
But DC clearing purchases and payment holds are a PIA you have to admit. I'd rather pay the $59 bucks than deal with that process....lol.
I'll wait and see what happens in 6 months. I might keep it or I might consolidate.
I got mine for my first high limit, miles bonus, and 0% apr. By the time the intro apr is over, my BK7 and inquiries will age off and I can get the CSP.