topic Re: Forced to keep Venture until April 2016 in Credit Cards

Forced to keep Venture until April 2016

12njoy — Fri, 30 Oct 2015 01:05:33 GMT

Contacted Capital One because I no longer see the option to transfer rewards points between card accounts. I have a Venture which has $1,000 in miles that I want to transfer to Venture One since the Venture one has an APR of 15.99 as opposed to 22.99% for the Venture. My plan was to transfer the miles and then do an account combination. Capital One says the transfer feature won't be available until April 2016.

Re: Forced to keep Venture until April 2016

CreditMagic7 — Fri, 30 Oct 2015 01:21:53 GMT

@12njoy wrote:
Contacted Capital One because I no longer see the option to transfer rewards points between card accounts. I have a Venture which has $1,000 in miles that I want to transfer to Venture One since the Venture one has an APR of 15.99 as opposed to 22.99% for the Venture. My plan was to transfer the miles and then do an account combination. Capital One says the transfer feature won't be available until April 2016.

I think you just answered a lot of questions that came pouring in here today about that very issue.

Now we know for sure and so i think i speak for many with a thanks for that heads up

Re: Forced to keep Venture until April 2016

12njoy — Fri, 30 Oct 2015 01:24:16 GMT

@CreditMagic7 wrote:
@12njoy wrote:
Contacted Capital One because I no longer see the option to transfer rewards points between card accounts. I have a Venture which has $1,000 in miles that I want to transfer to Venture One since the Venture one has an APR of 15.99 as opposed to 22.99% for the Venture. My plan was to transfer the miles and then do an account combination. Capital One says the transfer feature won't be available until April 2016.
I think you just answered a lot of questions that came pouring in here today about that very issue.
Now we know for sure and so i think i speak for many with a thanks for that heads up

Thanks CM7 this is a bummer

Re: Forced to keep Venture until April 2016

Skye12329 — Fri, 30 Oct 2015 01:26:18 GMT

Well hopefully once the button is back, it will be more improved.

Re: Forced to keep Venture until April 2016

12njoy — Fri, 30 Oct 2015 01:36:15 GMT

@Skye12329 wrote:
Well hopefully once the button is back, it will be more improved.

That's what they said it'll be better

Re: Forced to keep Venture until April 2016

ddemari — Fri, 30 Oct 2015 02:04:15 GMT

I guess Aprril 2016 isnt that far away, haha. thanks for finding out the anwser to the question that would keep me speculating lol.

that button doesnt work for me, so time is on my side. any maybe it will work once they take that code about me and change it lol.

Re: Forced to keep Venture until April 2016

12njoy — Fri, 30 Oct 2015 02:09:17 GMT

@ddemari wrote:
I guess Aprril 2016 isnt that far away, haha. thanks for finding out the anwser to the question that would keep me speculating lol.

that button doesnt work for me, so time is on my side. any maybe it will work once they take that code about me and change it lol.

Looks Like they'll get an annual fee out of me too.

Re: Forced to keep Venture until April 2016

fury1995 — Fri, 30 Oct 2015 02:11:59 GMT

@12njoy wrote:
@ddemari wrote:
I guess Aprril 2016 isnt that far away, haha. thanks for finding out the anwser to the question that would keep me speculating lol.

that button doesnt work for me, so time is on my side. any maybe it will work once they take that code about me and change it lol.
Looks Like they'll get an annual fee out of me too.

lol, that was the plan... me too on the annual fee

Re: Forced to keep Venture until April 2016

ddemari — Fri, 30 Oct 2015 02:23:59 GMT

@12njoy wrote:
@ddemari wrote:
I guess Aprril 2016 isnt that far away, haha. thanks for finding out the anwser to the question that would keep me speculating lol.

that button doesnt work for me, so time is on my side. any maybe it will work once they take that code about me and change it lol.
Looks Like they'll get an annual fee out of me too.

oh well in the grand scheme, capitalone is the least lender I mind paying one of the many annual fee's too. but i get what u mean

Re: Forced to keep Venture until April 2016

Anonymous — Fri, 30 Oct 2015 02:37:44 GMT

Aren't there two different things:

1) Transfer reward points from account to account

2) Transfer CL from card to card (consolidate)

I guess if you cannot redeem you want to do 1 to do 2, but these are two differnet (currently unavailable!) functions

Re: Forced to keep Venture until April 2016

Anonymous — Fri, 30 Oct 2015 06:21:46 GMT

I was wondering what happened! Ugh I only had 3 more days till I could combine! DAMN YOU CO!

Re: Forced to keep Venture until April 2016

grizindabox — Fri, 30 Oct 2015 06:42:03 GMT

@Anonymous wrote:
Aren't there two different things:

1) Transfer reward points from account to account
2) Transfer CL from card to card (consolidate)

I guess if you cannot redeem you want to do 1 to do 2, but these are two differnet (currently unavailable!) functions

I also believe people are confusing two different things. This thread is about transfering rewards between cards. I believe the link to consolidate CL from card to card should be back around the first of the year.

Re: Forced to keep Venture until April 2016

12njoy — Fri, 30 Oct 2015 10:25:24 GMT

@Anonymous wrote:
Aren't there two different things:

1) Transfer reward points from account to account
2) Transfer CL from card to card (consolidate)

I guess if you cannot redeem you want to do 1 to do 2, but these are two differnet (currently unavailable!) functions

Correct. I want to do an account combination but can't do that right now because I'm unable to transfer my miles first.

Re: Forced to keep Venture until April 2016

Anonymous — Fri, 30 Oct 2015 10:45:58 GMT

@12njoy wrote:
Contacted Capital One because I no longer see the option to transfer rewards points between card accounts. I have a Venture which has $1,000 in miles that I want to transfer to Venture One since the Venture one has an APR of 15.99 as opposed to 22.99% for the Venture. My plan was to transfer the miles and then do an account combination. Capital One says the transfer feature won't be available until April 2016.

Thanks for the info, 12njoy, I am disappointed also as I was ready to complete a consolidation of 3 cards in January.

Now I'm hoping that in April, they do not come back and say -we're still working on it to bring you the best possible customer experience, etc. etc, check back with us in August.....

Did they tell you that April was the anticipated return date for account combinations as well as point consolidations? Thanks

Re: Forced to keep Venture until April 2016

12njoy — Fri, 30 Oct 2015 10:47:17 GMT

Agreed

Re: Forced to keep Venture until April 2016

CreditMagic7 — Fri, 30 Oct 2015 15:23:31 GMT

From reading other boards as well as here there is been many rounds of a lot of peeps calling in to complain about issues with it so i guess they have had enough and decided to just pull the feature completely.

Let's see how long it takes but does anyone know if Capital One has even advertised or forwarded an official notice when they began to do this from the start?

Re: Forced to keep Venture until April 2016

redpat — Fri, 30 Oct 2015 15:30:48 GMT

Cap One is planning on releasing a new card late this fall.

Maybe they took this option down before releasing this card for new apps.

Just a thought.

Re: Forced to keep Venture until April 2016

12njoy — Fri, 30 Oct 2015 15:35:57 GMT

@Anonymous wrote:
@12njoy wrote:
Contacted Capital One because I no longer see the option to transfer rewards points between card accounts. I have a Venture which has $1,000 in miles that I want to transfer to Venture One since the Venture one has an APR of 15.99 as opposed to 22.99% for the Venture. My plan was to transfer the miles and then do an account combination. Capital One says the transfer feature won't be available until April 2016.
Thanks for the info, 12njoy, I am disappointed also as I was ready to complete a consolidation of 3 cards in January.

Now I'm hoping that in April, they do not come back and say -we're still working on it to bring you the best possible customer experience, etc. etc, check back with us in August.....

Did they tell you that April was the anticipated return date for account combinations as well as point consolidations? Thanks

No they actually aid the account combination would be back up at midnight on the day I called. Ummmm, it wasn't back up

Re: Forced to keep Venture until April 2016

12njoy — Fri, 30 Oct 2015 15:36:55 GMT

@CreditMagic7 wrote:
From reading other boards as well as here there is been many rounds of a lot of peeps calling in to complain about issues with it so i guess they have had enough and decided to just pull the feature completely.

Let's see how long it takes but does anyone know if Capital One has even advertised or forwarded an official notice when they began to do this from the start?

So goes my hopes for a 50k single credit card limit

Re: Forced to keep Venture until April 2016

Anonymous — Fri, 30 Oct 2015 15:40:27 GMT

Not sure if this is a viable option - but will they allow you to downgrade the card to a VentureOne Card and keep the points? Glad I consolidated my 150k points to one card before they stopped transfers