ventureOne (cap 1)

[Imua]

i am contemplating responding to an offer i received in the mail to apply for the VentureOne card (10k bonus miles for $1k spend within first 3 months, o% APR on purchases until Feb 2014). 

anyone with experience with this card ?  good, bad, so-so...

[asteroidblues86]

For me the best part of the card is that the miles post immediately. You don't have to wait for your statement to cut. The worst part of the card is that if you redeem for travel you have to have enough points to cover the entire charge. You can't use your available points and then pay the difference.

[Imua]

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@asteroidblues86 wrote:

For me the best part of the card is that the miles post immediately. You don't have to wait for your statement to cut. The worst part of the card is that if you redeem for travel you have to have enough points to cover the entire charge. You can't use your available points and then pay the difference.

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thanks!

[sengpatt]

If you want the card for the long-haul. It seems like the no-AF Cash Rewards would have a slight edge. It gets 1.5% vs. the 1.25% on the VentureOne and you don't have to redeem on travel purchases.

The only caveats are that you have to wait a year for the annual .5% bonus (flat 1% until then) and you must have "excellent" credit to qualify for the no-AF version (otherwise $39 a year).

[bs6054]

And if you can still get the 2% Priceline Visa from Barclays (no AF), that is a much better alternative, 2% on everything and can use on non-travel expenses

Edit: here is the link  https://www.pricelinevisa.com/

This is for the long-term.  It doesn't have the 0% APR intro

[sengpatt]

 Since it seems appropriate, I will also include a plug here for one of my own cards: The BofA Travel Rewards card:

1.5% back on all purchases (no waiting), 3% for booking travel through BofA, no AF, no FTF, comes with EMV chip for overseas travel, redeem points for travel purchases in increments of $25.

/endplug

[Open123]

Right, the Barclays 2%, Fid Amex 2%, PenFed 5%, and B of A non forex EMV for 1.5% are all better options.

The *only* case where Venture is the best is if you have a large amount of non-forex spending that is not travel or dining related.

[Imua]

Thanks for all the input.

Decided to wander out of the garden and go ahead and apply for the VentureOne - instant approval for $10k

for cash  rewards i already have BofA cash rewards and chase freedom

[asteroidblues86]

congrats!

[Open123]

Nice CL!