@Anonymous wrote:
@Cdnewmanpac wrote:First, keep in mind that capital 1 "miles" are not the same as frequent flyer miles. Think of them as cash back points that you redeem after you purchase airline tickets using the card. Second, I'm not sure how you could read boarding area or flyer talk and come away with the impression that travel cards are only useful for the sign up bonuses. Unless you mean cap 1 specifically. Or do you mean for people who don't travel? For people who fly or stay at hotels frequently, miles or points often have greater value than straight cash back.
Gotcha. I just did some playing around on the rewards menu. I think I will benefit more from the "miles" from Cap1 though, rather than Cash Back (since I have two other cash back rewards cards). I don't think I made the wrong choice for my own personal needs.
1.25 is ok but 1.5 cash back works out better, although in all fairness i prefer points or miles cause cash back feels like I'm just getting money and deposit to my account and I don't feel like I earned it i just feel like i got some money back, with points i feel like it's free money, i dunno just weird mindset. but regardless 1.5% cash back would be much better than 1.25 points or miles. I would take the cash back and just pay for my own ticket, but at that limit even if you max it out and pay in full once every month you would only be looking at $15 a year extra you would have in bonuses a year. if you chose cash back
Frequent flyer miles are worth more than 1 cent. General travel rewards miles are worth 1 cent or less; they are redeemable at a value of 1 cent per mile, but the condition that they can only be redeemed for travels makes them worth less than cash back.
You can get at least 1.5 mile per dollar spent with the Bankamericard Travel Rewards card. It's 1.65 miles if you have a checking account with them.
