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Why is everybody jumping on the Venture Card ?!

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Anonymous
Not applicable
‎02-10-2015 06:48 PM
‎02-10-2015 06:48 PM

Why is everybody jumping on the Venture Card ?!

What's so special about it ?! The rewards seem pretty lame compared to QS !

Message 1 of 45
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44 REPLIES 44
Anonymous
Not applicable
‎02-10-2015 06:49 PM
‎02-10-2015 06:49 PM

Re: Why is everybody jumping on the Venture Card ?!

How? Do you not travel?
Message 2 of 45
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NRB525
Super Contributor
‎02-10-2015 06:54 PM
‎02-10-2015 06:54 PM

Re: Why is everybody jumping on the Venture Card ?!

That's like asking why people drive different kinds of cars.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 3 of 45
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Habibimo
Regular Contributor
‎02-10-2015 06:54 PM
‎02-10-2015 06:54 PM

Re: Why is everybody jumping on the Venture Card ?!

I jumped just because of sweet limits they were giving out lol. By next year I'll PC to somwthing else.
|| Amex BCE $18,000 || QuickSilver WMC $8,500 || Freedom Visa Signature $10,000 || Discover IT $11,800 || BestBuy $2,800 || Venture Visa Signature $17,750 || NASA FCU Platinum Cash Rewards $7,000 || Amazon Store Card $20,000 || Overstock $11,500 || Lowe's $25,000 || NFCU Platinum $9,600 || Chase Marriott $10,000 || Chase FU $15,7000 || NFCU CLOC $15,000 ||
Message 4 of 45
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Anonymous
Not applicable
‎02-10-2015 06:55 PM
‎02-10-2015 06:55 PM

Re: Why is everybody jumping on the Venture Card ?!

@Anonymous wrote:
How? Do you not travel?

I do but its just a $400 statement credit ! I know this is not FT but we all know there are better deals for just a single hp .... Like amex plat , I'm willing to pi$$ away 450$ to get the 200$ incidental reimbursement , and those centurion lounges look awesome !!!! 

Message 5 of 45
Anonymous
Not applicable
‎02-10-2015 06:56 PM
‎02-10-2015 06:56 PM

Re: Why is everybody jumping on the Venture Card ?!

I wouldnt say the rewards were lame but its not as appealing to me as Arrival+. Plus its Capital One....I cant with them Smiley Tongue
Message 6 of 45
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chalupaman
Super Contributor
‎02-10-2015 06:58 PM
‎02-10-2015 06:58 PM

Re: Why is everybody jumping on the Venture Card ?!

High limits especially for CapOne and a decent sign up bonus. 

Tradelines: Macy’s - $18k, Penfed Power Cash Rewards - $10k, Ethan Allen (TD Bank) - $5.7k, Kay Jewelers - $5.5k, Appliances Connection - $5.3k, Jared - $5.25k, Best Buy (Citi) - $5k, Dell Preferred Account - $3.5k, Samsung - $3.2k, Firestone CFNA - $3.2k, Capital One Platinum - $3k, Mercury MC - $2.25k, Williams Sonoma - $2.1k, Wayfair (Fortiva) - $2k, Amazon Store Card - $1.8k, Apple Card - $1.7k, NFCU cashRewards - $1.5k, CareCredit - $1.5k, B&H Photo - $1.5k, Adorama - $1.25k, Ebay MC - $1k, Sam’s Club MC - $1k, American Eagle - $1k, Ollo MC - $600, Mission Lane Visa - $500, NY & Company - $500, Walgreens - $500, Home Depot - $500, Target RED Card - $500, CapOne Secured MC 0 AF - $500, Penfed Overdraft LOC - $500

Current FICOS: Mid 640s-50s on all reports, Ch 7 BK D/C Aug 2019
Starting scores: EX - 534, EQ - 574, TU - 516 | Total TLs: $91k approx | Total Utilization: 17%, getting this back down
Message 7 of 45
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Anonymous
Not applicable
‎02-10-2015 07:00 PM
‎02-10-2015 07:00 PM

Re: Why is everybody jumping on the Venture Card ?!

People are getting them for the generous credit lines. If you don't need the utility padding, they are not that useful. 

 

Consistent rewards are ok. 2 pts = 2 cents for travel. Beaten out by a card like the Double Cash or Fidelity Amex that has no AF. Since they are fixed value points, no argument can be made for the points being valued above 1 cent per point. 

 

Sign-up bonus is ok. Would be relatively good if it was for 1 hp. For most sign-up bonus card churners like me the spend requirement does not matter but the HPs do. Three HPs (2 with 1 bureau frozen) makes the bonus much less attractive. Still a decent bonus compared to most cash back cards, but no one gets cash back cards for bonuses. 

 

 

Message 8 of 45
Anonymous
Not applicable
‎02-10-2015 07:01 PM
‎02-10-2015 07:01 PM

Re: Why is everybody jumping on the Venture Card ?!

@Anonymous wrote:
@Anonymous wrote:
How? Do you not travel?

I do but its just a $400 statement credit ! I know this is not FT but we all know there are better deals for just a single hp .... Like amex plat , I'm willing to pi$$ away 450$ to get the 200$ incidental reimbursement , and those centurion lounges look awesome !!!! 

All the fingers are not equal.. Are they? We  have different needs and what we find useful. Getting $400 for a month spend sounds sweet to me. And the huge line is just the cherry on top.

Message 9 of 45
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Anonymous
Not applicable
‎02-10-2015 07:01 PM
‎02-10-2015 07:01 PM

Re: Why is everybody jumping on the Venture Card ?!

40k bonus miles ($400) doesn't sound lame to me. 

Message 10 of 45
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