I thought capital one venture card was best for rewards for travel ???
"Best" is a relative term when it comes to cards. It comes down to what you are trying to do. Capital One is a fixed value card so 1 point = 1 cent no matter what. Therefore, 10,000 Capital One "Miles" (which aren't miles but points) are worth $100.00.
Now this is all well and good when you want to book a $300 flight for 30,000 points, but it isn't as good a "value" (however you define that) when tickets get expensive. For example, a roundtrip ticket to Europe is 65,000 points through United and its Star Alliance partners at the Saver Economy level. NO MATTER WHAT(some fuel surcharges may apply, but lets keep it simple), that ticket is going to cost you the 65,000 UR points that you can convert into 65,000 United Miles to fly. Even if the ticket costs $2,000 dollars. That SAME ticket purchased using Capital One "Miles" would cost you 200,000 points.
Now, that doesn't mean fixed value cards don't have a place. They can be very good for buying one off hotels or if you are budget traveler buying cheap airfare only. But Capital One is no longer the best card in its market segment in my opinion, and has recently been surpassed by Barclays
. This card does what Cap One does with 2X points on every purchase. BUT, when you redeem those points you get 10% back, so its really 2.2X points on every purchase. Not only that, but that signup bonus is currently 40,000 points as c0mpared to 10,000 to Cap One. Further, Barclays allows for partial redemption in 20,000/25k point blocks (not sure right now). Capital One does not have partial redemption. If you don't have enough points to cover the full cost of your expense, you can't use your miles. However, this card is more difficult to get than the Cap One and carries a fee that is $89 compared to Cap One's $59.
Hope that helped a little.
This post was edited on 7/8 at 7:59 pm