2025.2 Replace: The brand new provide is 75k + $250 Capital One journey credit score.
2024.9 Replace: The 75k+$250 provide is expired. The present provide is simply 75k.
2024.7 Replace: The brand new provide is 75k + $250 Capital One journey credit score.
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Advantages
- 75k+$250 provide: earn $250 to make use of on Capital One Journey in your first cardholder yr, plus earn 75,000 Capital One Miles whenever you spend $4,000 within the first 3 months. The latest greatest provide is 100k.
- The general worth of Capital One Miles is 1.6 cent/level. See beneath for a short introduction. Due to this fact the 100k highest provide is price about $1,600!
- Earn 2x Miles on all purchases.
- As much as $120 credit score for World Entry or TSA Precheck software price.
- No international transaction price.
Disadvantages
- $95 annual price, NOT waived for the primary yr. (Earlier than 2017.10, the annual price was $59)
- Capital One will pull all three main credit score bureaus (Experian, TransUnion, Equifax) for one bank card software!
Introduction to Capital One (C1) Miles
- You possibly can earn C1 Miles with two sorts of playing cards: Miles incomes playing cards, or cashback earninng playing cards. Miles incomes playing cards primarily embrace: Capital One Enterprise Rewards Credit score Card, Capital One VentureOne Rewards Credit score Card, Capital One Spark Miles for Enterprise. Cashback incomes playing cards primarily embrace: Capital One Savor Money Rewards Credit score Card, Capital One SavorOne Money Rewards Credit score Card, Capital One Quicksilver Money Rewards Credit score Card, Capital One Spark Money Plus and so forth.
- You possibly can transfer your C1 Miles from one Miles incomes card to a different Miles incomes card at any time, and you can too transfer your cashback from a cashback incomes card to a Miles incomes card at any time. Nonetheless, you can’t transfer your Miles from a Miles incomes card to a cashback incomes card, subsequently cashback is extra versatile than Miles in C1’s system.
- C1 Miles by no means expire. You’ll lose the C1 Miles on one card for those who shut the account, however you’ll be able to forestall dropping your C1 Miles by shifting the factors to a different C1 card beforehand.
- You probably have a Miles incomes card, C1 Miles may be transferred to some airline miles and resort factors. Some good 1:1 switch choices are: Air Canada (AC) (Star Alliance), Avianca (AV) (Star Alliance), Asia Miles (CX) (Oneworld), British Airways (BA), and Wyndham resort factors, and so forth. For those who use C1 Miles on this approach, the worth is about 1.6 cents/level.
- You possibly can redeem your C1 Miles in direction of journey expense at a hard and fast ratio 1.0 cent/level. You may also redeem your C1 Miles in direction of some retailers present playing cards at a hard and fast raiot 1.0 cent/level.
- You possibly can redeem your C1 Miles in direction of assertion credit score at a hard and fast ratio 0.5 cents/level.
- In abstract, we estimate that C1 Miles are price about 1.6 cents/level.
Really useful Utility Time
- We advocate you apply for this card after you will have a credit score historical past of a minimum of two years and you’re very snug with the bank card sport.
- [1/6 rule] You possibly can solely apply for 1 Capital One bank card for each 6 months, together with each private and enterprise bank cards. You’re going to get computerized denial for those who violate this rule, however there will likely be no laborious pull.
Abstract
In 2021, Capital One improved its Miles system quite a bit, which makes this card extra beneficial. Now that C1 Miles are valued greater than 1 cent/level, its every little thing 2x incomes construction is engaging. The incomes construction on itself is much like Citi Double Money (DC) within the TYP system, and this card has an annual price, however C1 Miles system has different good playing cards which have a very good incomes fee to work collectively. Be aware that Capital One will pull all three main credit score bureaus (Experian, TransUnion, Equifax) for one bank card software, and it is rather tough to get authorized you probably have quite a lot of latest laborious pulls. For those who don’t need this card after one yr, you’ll be able to downgrade it to Capital One VentureOne.
Associated Credit score Playing cards
Really useful Downgrade Choices
Historic Gives Chart
Be aware: Typically there are affords resembling 50k+50k on this card, however the spending necessities after the latter half are enormous. Due to this fact, we don’t deal with them as sign-up bonus.
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