If Amex deciding that Walmart is an appropriate partner for its Platinum Card wasn't a big enough surprise for your Thursday morning, then try this on for size: Capital One has announced that the miles earned from spending on two of its cards will now convert over to most of its partners in a 1:1 ratio. Who saw that coming?!
A little surprisingly, Capital One has given us early notice that it will be offering holders of four of its credit cards a bonus when they transfer points across to the British Airways Executive Club. Anyone considering converting their Venture Miles into British Airways Avios should hold tight for a few weeks as the transfer ratio being offered is about to get noticeably better.
The Capital One® Venture® Rewards Credit Card has just had its welcome offer refreshed and the new bonus being offered is an incredible 100,000 points - That's double what the card was offering up until now. With Chase introducing its fantastic Freedom Flex card just a week ago and also improving the value proposition of its Freedom Unlimited credit card, it looks as if Capital One has suddenly realised that it needs to respond.
Capital One has had a relationship with Hotels.com for a number of years and through this relationship holders of the Capital One® Venture® Rewards Credit Card have been able to earn 10 miles/dollar for all spending made through Hotels.com. Traditionally this relationship has run January through January so we've been waiting to see if this earnings bonus would be renewed for 2020...but it doesn't look like this will be happening.
Capital One has just announced that it will be adding two hotel loyalty programs to the list of partners to which holders of select Capital One cards can transfer their miles (these are programs to which no other credit card currency can be transferred) as well as improving the transfer ratio to one of its existing partner programs.
Capital One has announced that it is launching two new credit cards in partnership with Walmart and we're less than two weeks away from seeing the cards go live.
Between Monday 16 September 12:01 AM Eastern and 31 October at 11:59 PM Eastern, Capital One Venture, and Spark Miles account holders will receive a 33.3% bonus on all miles transferred to the Qantas Frequent Flyer program.
Earlier I wrote a post in which I explained why I'm finding myself making more and more hotel bookings through various online travel agencies and how Hotels.com is one of my preferred agencies to use.Well, if I'm going to continue to make bookings through Hotels.com (and it looks as if I am) there is one credit card that I should almost certainly add to my portfolio - the Capital One Venture Rewards Credit Card.
There are increasingly more and more credit cards that don't charge foreign transaction fees when you use them abroad and that's a trend that has been very good for those of us who like to travel. I have a whole arsenal of cards I can use when traveling outside of the US ranging from the high-end Chase Sapphire Reserve credit card through to the no-fee Hilton Honors Card from American Express but they all have one thing in common - they all earn me no more than 1.5 cents/dollar when I'm not spending in one of the popular bonus categories.