topic Re: Venture 1 or QS? in Credit Cards

Venture 1 or QS?

Anonymous — Thu, 24 Sep 2020 13:27:46 GMT

I have an upgrade available for my CapOne Plat. It's at $3500 ($3000 before steps) and 25.9%. My BK7 discharged in 12/2019 and Cap has been very forgiving. I'm just wondering if Venture One or QS would be the best choice for upgrade. Thanks!

Re: Venture 1 or QS?

Slabenstein — Thu, 24 Sep 2020 13:43:15 GMT

It depends on which card's rewards would work better for you. QS is 1.5% cash back on all purchases, which is nice if you don't have a flat cash back card yet. V1 is 1.25 "miles"/dollar spent with the miles being redeemable for statement credits on travel purchases or transferable to a few airlines.

Re: Venture 1 or QS?

Anonymous — Thu, 24 Sep 2020 13:46:07 GMT

Thanks

Re: Venture 1 or QS?

VintageMel — Thu, 24 Sep 2020 16:00:51 GMT

I just wanted to chime in with a few things I appreciate about the QS: Available cash back updates as each transaction posts, you don't have to wait until the statement cuts. Plus there's no minimum redemption. If you shop on Amazon you can pay using your cashback, which I have foudn to be quite handy.

Mine started out its life as a secured card, and as a result I haven't been able to grow it much, which is a shame because it's really a solid cash back card in my opinion.

Re: Venture 1 or QS?

Shooting-For-800 — Fri, 25 Sep 2020 13:05:45 GMT

QS is a solid card.

V1 is Cap One’s worst card IMO.

Re: Venture 1 or QS?

jdbkiang — Sat, 26 Sep 2020 02:04:11 GMT

Yeah, I had the V1 for a while. Totally useless card after they took out 10x for hotels.com, especially cause I could transfer rewards from my QS to Venture.

Re: Venture 1 or QS?

notmyrealname23 — Sat, 26 Sep 2020 18:44:55 GMT

@jdbkiang wrote:
Yeah, I had the V1 for a while. Totally useless card after they took out 10x for hotels.com, especially cause I could transfer rewards from my QS to Venture.

They do have 5x on Uber Eats and 5x on their travel portal, but losing Hotels.com hurts (and no doubt it's because Hotels.com got their own cobrand with Wells Fargo).

Re: Venture 1 or QS?

Anonymous — Sat, 26 Sep 2020 19:06:52 GMT

@notmyrealname23 wrote:
They do have 5x on Uber Eats and 5x on their travel portal, but losing Hotels.com hurts (and no doubt it's because Hotels.com got their own cobrand with Wells Fargo).

Well, the promo always had an end date (Jan 2020?) starting a long time ago. So maybe that's because the cobrand was planned, but in that case why not end closer to launch?

Re: Venture 1 or QS?

jdbkiang — Sat, 26 Sep 2020 19:15:37 GMT

@Anonymous wrote:
@notmyrealname23 wrote:
They do have 5x on Uber Eats and 5x on their travel portal, but losing Hotels.com hurts (and no doubt it's because Hotels.com got their own cobrand with Wells Fargo).
Well, the promo always had an end date (Jan 2020?) starting a long time ago. So maybe that's because the cobrand was planned, but in that case why not end closer to launch?

Maybe Covid delayed the launch?

Re: Venture 1 or QS?

kdm31091 — Sat, 26 Sep 2020 20:18:45 GMT

The Venture One has no advantage over the QS unless you will make good use of the transfer partners and even then, you'd have to be getting a lot of extra value per mile before that 1.25 rate would eclipse a free 2% card. If you won't use the transfer partners, The V1 is simply a restrictive cash back card with a pretty poor 1.25% earning rate where the QS is unrestricted 1.5%.

Re: Venture 1 or QS?

OmarGB9 — Sat, 26 Sep 2020 21:24:32 GMT

QS for sure.

Re: Venture 1 or QS?

Loquat — Sat, 26 Sep 2020 21:57:45 GMT

As others have said, I would definitely take the QS over the Venture 1. Honestly I'd take the QS over the regular Venture.

Venture cards in both of their forms are nothing but cash back cards with limited redemption options for full value and the miles don't transfer at a 1:1 ratio...and the regular Venture has a $95 annual fee. I think the QS/QS1 best both of those cards.

Re: Venture 1 or QS?

UpperNwGuy — Sat, 26 Sep 2020 22:00:34 GMT

I would choose Quicksilver over Venture One.

Re: Venture 1 or QS?

Anonymous — Sun, 27 Sep 2020 14:17:52 GMT

@Shooting-For-800 wrote:
QS is a solid card.
V1 is Cap One’s worst card IMO.

Yeap! The only move with a V or V1 is: QS1 --> V1 --> QS to abolish the $39 AF (expect this to take up to six months to achieve w/ spending)

And that is only if: QS1 --> QS is not available (which is a tough nut to crack)