Capital One Venture Card

You can redeem points for travel expense erasure after the fact. Seems to clear at a higher percentage.

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The card is only good for the sign up bonus. No one should keep this card and pay the annual fee, as there are free 2% cash back cards available (Double Cash) or just better options in general.

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Which ones would you recommend?

Also, it's pretty bad for your credit to constantly be opening new cards or not really?

Chase Freedom was a better card a few months ago. Not sure if that's still the case, but I'd look into it.

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You can redeem points for travel expense erasure after the fact. Seems to clear at a higher percentage.

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It's 2% bruh. The card is objectively marketing fluff that people unfortunately fall victim to.

You actually raise another negative about it. The cash back you earn can only be applied to travel related purchases, while Double Cash (again just a good example) quite literally will send you a check for $25 dollars (the lowest amount you can request) whenever you request it or alternatively apply it to your overall bill.

There are other options out there too in the 2/2.5% range or if you like maximizing cash back, get all the no annual fee cash back cards that have multipliers and spread your spend over all of them. It may take longer to redeem but you'd be ahead.

I don't even do that cash back game but it's my goal in life to protect people from paying Capital One money for a non competitive product that uses misleading terminology to confuse people.

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please explain to me? cause the $60 a year for the card that I drop $25-30,000 a year still nets me $540 a year towards travel or gift cards or even uber rides.

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See that $60? There are cards that earn the same 2% cash back that Venture does without charging you that fee. So every year you use Venture you're actually behind by $60 vs another card company. If you were to augment your strategy to add cash back cards that offer 3-5% on certain categories, you're even further behind.

True I'm not crazy about the annual fee but I get $500 just for signing up which is above what I've seen from any other similar cards. So it would take over 6 years for the $95 fee just to catch that. And I could always cancel after a year or two.

Give me a new card to get then.

Alliant Cash Back card is 3% on all purchases first year and 2.5% thereafter. Fee card same as Cap One but better earning.

Citi Double Cash as mentioned above is 2%.

Use Discover and Freedom for rotating 5x categories. Pro tip: if these cards have the same bonus for a Quarter say Groceries, use one card during the bonus months as you go. Use the other one to prepay your groceries by buying a gift card from the store you frequent to use in following months.

Alternatively, you and a spouse can each get your own card in your own name (Not AU though you could add each other as AUs) giving you $3,000 a quarter instead of $1,500 in eligible cash back. Use same method as above.

FYI: Discover doubles cash back after first year, so technically first year you earn 10% on bonused spend.

Uber card is 5% cash back at restaurants

PenFed is 5% gas

Google is your friend. These are off the top of my head.

All those but the first are no fee. I've just made you more money than the Trump tax cut, JK.


If you are a USAA member, they piloted a Limitless card that was no fee 2.5% cash back but you have to live in certain states and have it offered to you.