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 barely 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 12 months, plus earn 75,000 Capital One Miles once 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 quick 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 International Entry or TSA Precheck software price.
- No international transaction price.
Disadvantages
- $95 annual price, NOT waived for the primary 12 months. (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 may earn C1 Miles with two sorts of playing cards: Miles incomes playing cards, or cashback earninng playing cards. Miles incomes playing cards primarily embody: 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 embody: 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 on.
- You may transfer your C1 Miles from one Miles incomes card to a different Miles incomes card at any time, and you can even transfer your cashback from a cashback incomes card to a Miles incomes card at any time. Nevertheless, you cannot transfer your Miles from a Miles incomes card to a cashback incomes card, due to this fact 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 in the event you shut the account, however you possibly can forestall dropping your C1 Miles by shifting the factors to a different C1 card beforehand.
- You probably have a Miles incomes card, C1 Miles could be transferred to some airline miles and lodge 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 lodge factors, and so on. When you use C1 Miles on this method, the worth is about 1.6 cents/level.
- You may 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 reward playing cards at a hard and fast raiot 1.0 cent/level.
- You may 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.
Beneficial Utility Time
- We advocate you apply for this card after you’ve a credit score historical past of a minimum of two years and you might be very comfy with the bank card recreation.
- [1/6 rule] You may 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 automated denial in the event you violate this rule, however there will probably be no laborious pull.
Abstract
In 2021, Capital One improved its Miles system lots, which makes this card extra useful. Now that C1 Miles are valued greater than 1 cent/level, its all the things 2x incomes construction is enticing. 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 price 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 extremely tough to get authorized when you have plenty of latest laborious pulls. When you don’t need this card after one 12 months, you possibly can downgrade it to Capital One VentureOne.
Associated Credit score Playing cards
Beneficial Downgrade Choices
Historic Provides Chart
Be aware: Generally there are presents equivalent to 50k+50k on this card, however the spending necessities after the latter half are big. Due to this fact, we don’t deal with them as sign-up bonus.
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