Chase sapphire preferred or Capital One Venture | TigerDroppings.com

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guttata
LSU Fan
prairieville
Member since Feb 2006
20010 posts

Chase sapphire preferred or Capital One Venture


Thoughts? This is my first true credit card. I've got a visa debit, but have never had a rewards card. Bill will be paid off every month, just figured I might as well get rewards for spending money.






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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: Chase sapphire preferred or Capital One Venture


How much do you make?

Credit score?


Sapphire Preferred, you get to talk to Americans.






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guttata
LSU Fan
prairieville
Member since Feb 2006
20010 posts

re: Chase sapphire preferred or Capital One Venture


Make enough
I've already been approved for the chase card. I have a business acct through Chase.






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wegotdatwood
Arkansas Fan
Member since Aug 2009
17094 posts

re: Chase sapphire preferred or Capital One Venture


I like the preferred, apparently great for travel. I love the fact that it's made of metal.

The $400 is nice, too.






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BACONisMEATcandy
LSU Fan
Delta, Amex, & Über Threads
Member since Dec 2007
40994 posts

re: Chase sapphire preferred or Capital One Venture


If its your 1st card you may or may not be approved. I would consider getting the chase freedom 1st and then in 6 months supplement it with the sapphire... If I downgrade my Amex I will most like pick up the freedom to supplement my sapphire. I really like that card





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guttata
LSU Fan
prairieville
Member since Feb 2006
20010 posts

re: Chase sapphire preferred or Capital One Venture


I've already been approved for the Chase Preferred card. I just don't know if having the chase or capital one card would be better. We don't travel a ton, so the double pts on travel, through chase isn't that beneficial, however, the sign up bonus seems like that would be enough to make it an advantage over the Capital one. The chase card has a fee of $95 while the Capital One is $59. The advantage of capital one is that every purchase, you get 2x points. Can't really decide which one to go with





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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
29703 posts

re: Chase sapphire preferred or Capital One Venture


quote:

The chase card has a fee of $95 while the Capital One is $59.


It's only $36 per year difference, if you don't blow more than that this weekend you aren't partying correctly.






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BACONisMEATcandy
LSU Fan
Delta, Amex, & Über Threads
Member since Dec 2007
40994 posts

re: Chase sapphire preferred or Capital One Venture


That's why you supplement it with chase freedom... Where you get 5 pts in the rotating categories.and then combine them





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BestBanker
New Orleans Saints Fan
stuck in a moment
Member since Nov 2011
3063 posts

re: Chase sapphire preferred or Capital One Venture


Saph. No fees. People you can understand answer your calls. Good rewards.





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raw dog
LSU Fan
Baton Rouge
Member since Nov 2011
314 posts

re: Chase sapphire preferred or Capital One Venture


No annual fee for the sapphire preferred in the first year if I'm correct, and you get $500 in travel rewards if you spend $3,000 in the first 3 months. So in 6 years you would pay $475 in fees, still less cost than the initial benefit you received. Also a 7% points dividend.





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BestBanker
New Orleans Saints Fan
stuck in a moment
Member since Nov 2011
3063 posts

re: Chase sapphire preferred or Capital One Venture


No fee here. Maybe an intro to new guy offer with a fee?





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jsquardjj
LSU Fan
Member since Oct 2009
446 posts

re: Chase sapphire preferred or Capital One Venture


Chase sapphire preferred has great customer service. I recently booked a delta ticket through their travel site (with cash, not points). The price of the flight dropped by about $100 a week later so I tried to call Delta to switch the fare even though it was a non-refundable ticket. 25 minutes later and no luck. Instead I called the Sapphire travel center number and in 5 minutes they had me with the cheaper fare and refunded the difference.





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Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
18156 posts
 Online 

re: Chase sapphire preferred or Capital One Venture


I have both of these, but off the bat there is a card you aren't considering that is currently better than the Cap One that does the same type of fixed point redemption. Barclay's Arrival MasterCard. If you can get approved for it, it has a 40,000 point sign up bonus with 2x points on everything, but also a 10% refund on redeemed points so you effectively get 2.2 points versus 2 with Cap One.

As for Chase versus fixed value redemption depends on how you travel(and if you don't travel you're missing the objective of these cards).
The Barclay's/cap one shows its values for budget/ cheap travel and incidentals. Cap one does not allow partial redemption (barclays does, another point) so you have to have enough points to cover the entire purchase you're making. This is great until you start approaching $1,000 purchases or higher. At this point, the chase gains tremendous value as you may be able to fly first class on the same amount of points as Cap One, however the value of that ticket could be $4,000 which would have cost 400,000 points of cap one points.

It gets a little complicated, but I recommend searching the travel blogs etc for advice.
However Barclay's > Cap one.



This post was edited on 6/12 at 9:32 am


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guttata
LSU Fan
prairieville
Member since Feb 2006
20010 posts

re: Chase sapphire preferred or Capital One Venture


I just noticed that card this morning. I think I will take a closer look today.





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lapistola
LSU Fan
Baton Rouge
Member since May 2008
810 posts

re: Chase sapphire preferred or Capital One Venture


quote:

Instead I called the Sapphire travel center number and in 5 minutes they had me with the cheaper fare and refunded the difference.


Damn, I booked through Chase and the price dropped about $100 as well. I will definitely have to try this. Thanks!






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Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
18156 posts
 Online 

re: Chase sapphire preferred or Capital One Venture


quote:

I just noticed that card this morning. I think I will take a closer look today.


The neat thing besides the refund is the partial redemption, so you can earn and burn your points more freely.

I believe I have read the partial redemption is in $25 dollar blocks.






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