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Capital One consolidation question

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icyhot
Valued Contributor

Capital One consolidation question

I have 2 Spark cards that earn cash back that I want to consolidate once the time comes. One is used as an AU card to earn rewards and PIF every month since the APR is sky high, the other is in 0% APR period and was used to pay off some lingering expenses so has a balance and is being paid down. When I consolidate, will the cash rewards consolidate as well? I remember reading somewhere that Cap1 no longer allows transferring of rewards. My Venture still has about 11K miles on it, how will that work when I consolidate it into my QS?
Ch 7 BK discharged 12/2018
Bank Cards: NFCU Flagship Rewards $25K | NFCU Cash Rewards $20K |NFCU More Rewards Amex $17K | PenFed Power Cash $12.5K | PenFed Platinum Rewards $12.5K | PenFed Pathfinder Rewards $10K | PenFed Gold Card $7.5K | PayPal Cashback Mastercard $5K | Apple Card $3.5K
Store Cards: Bergdorf Goodman $10.5K | Neiman Marcus $7.5K | Care Credit $7K |
Scores: EX 656 | EQ 667 | TU 680


Goal Card: Amex Platinum (Amex IIB, waiting for 5 year mark)
Message 1 of 6
5 REPLIES 5
DeeBee78
Valued Contributor

Re: Capital One consolidation question

When you combine, you get a warning stating that you are forefeiting your earned rewards, and you're prompted to spend them before consolidating. 

 

The rewards transfer is still functioning. I just walked through transferring rewards between two of my accounts. 

 

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Message 2 of 6
Anonymous
Not applicable

Re: Capital One consolidation question

but if you transfer your venture to a quicksilver then you will lose your points as one is points and one is cash back...

Message 3 of 6
icyhot
Valued Contributor

Re: Capital One consolidation question

Well then I'll just redeem then before hand
Ch 7 BK discharged 12/2018
Bank Cards: NFCU Flagship Rewards $25K | NFCU Cash Rewards $20K |NFCU More Rewards Amex $17K | PenFed Power Cash $12.5K | PenFed Platinum Rewards $12.5K | PenFed Pathfinder Rewards $10K | PenFed Gold Card $7.5K | PayPal Cashback Mastercard $5K | Apple Card $3.5K
Store Cards: Bergdorf Goodman $10.5K | Neiman Marcus $7.5K | Care Credit $7K |
Scores: EX 656 | EQ 667 | TU 680


Goal Card: Amex Platinum (Amex IIB, waiting for 5 year mark)
Message 4 of 6
UncleB
Credit Mentor

Re: Capital One consolidation question

You can still combine/transfer rewards, but you literally have just a couple of days...

 


 

 

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Message 5 of 6
Anonymous
Not applicable

Re: Capital One consolidation question

but you can't transfer venture rewards to the quicksilver
Message 6 of 6
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