Whether it’s peanut butter and jelly or airplanes and lie-flat seats, some issues are simply higher collectively. When two issues completely complement one another, they turn into a dynamic duo. That is precisely what Capital One has created with its current modifications to a few of its hottest bank cards.
The Capital One Venture X Rewards Credit Card is a premium journey rewards card that can be good for incomes miles on on a regular basis spending. Comparatively, the Capital One Savor Cash Rewards Credit Card is nice for limitless money again on eating, groceries and extra.
Capital One now permits cardholders to switch rewards from cash-back playing cards to journey rewards playing cards (or vice versa) at a price of 1 cent to 1 mile. Simply put, transferring money again makes rewards extra worthwhile, as TPG values Capital One miles at 1.85 cents every, somewhat than 1 cent alone.
Being capable of earn money again and redeem as miles is a promising proposition and why the mix of the Capital One Venture X and Savor Cash is particularly interesting.
Here’s how they work higher collectively.
Spending collectively
The Capital One Savor Cash Rewards earns 10% money again on Uber rides and Uber Eats purchases together with 4% again on eating and entertainment. If you wish to guide tickets to see your favourite artist or crew, you additionally get 8% again on purchases by Capital One Entertainment.
The data for the Capital One Savor Cash card has been collected independently by The Points Guy. The card particulars on this web page haven’t been reviewed or offered by the cardboard issuer.
Additionally, if you end up not within the temper for going out, Savor Cash earns 4% money again on streaming companies and three% again at grocery shops. Staying in for a film together with a home-cooked meal received’t forestall you from lacking out on any rewards.
For journey, the Venture X earns 10 miles per greenback for lodges and rental vehicles whereas incomes 5 miles per greenback on flights bought by Capital One Travel. Despite being a journey bank card, the Venture X actually excels at maximizing day-to-day spending because it earns an infinite 2 miles per greenback on all different purchases.
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After changing the money again to miles (and presumably growing the worth of the rewards), this card duo earns an infinite 2 to 10 miles per greenback within the following bonus classes:
- 10 miles on flights booked by Capital One Travel.
- 10 miles on Uber rides and Uber Eats.
- 5 miles on lodges and rental vehicles booked by Capital One Travel.
- 4 miles on eating.
- 4 miles on leisure.
- 4 miles on well-liked streaming companies.
- 3 miles at grocery shops.
- 2 miles on every little thing else.
Related: Best Capital One bank cards
Redeeming collectively
The capacity to switch money again to miles opens up a whirlwind of redemption choices. With Venture X’s switch companions, you may use your miles to get to the far corners of the world after which keep there on rewards as properly.
For instance, I lately booked a $1,500 trip rental for 45,000 Capital One miles as a substitute of receiving $450 in money again rewards. This is the perk that really permits this dynamic duo to be so highly effective.
If you don’t want to switch miles to one in all Capital One’s quite a few companions, together with Air Canada Aeroplan (to guide flights on Star Alliance companions together with United), Wyndham (to guide lodges) and Air France-KLM Flying Blue (for SkyStaff flights), you may redeem journey prices for a press release credit score at a price of 1 cent per mile. Effectively, this could be the identical as changing the miles on Venture X to money again on Savor and cashing out through assertion credit score, a verify, reward card or charitable contribution.
Related: Redeeming Wyndham factors with Vacasa is a good deal — with a catch
Other advantages collectively
Aside from incomes and redeeming rewards, these two playing cards complement one another when it comes to the advantages supplied. The Savor Cash is a World Elite Mastercard whereas the Venture X is Visa Infinite, which doubles the potential advantages.
For instance, World Elite Mastercards get free ShopRunner memberships and entry to Mastercard’s Luxury Hotel & Resorts Portfolio, which incorporates advantages reminiscent of amenity credit, complimentary room upgrades and free breakfast amongst different advantages at over 3,000 properties.
Visa Infinite playing cards obtain entry to the Visa Infinite Luxury Hotel Collection, which features equally to Mastercard’s portfolio. Cardholders additionally obtain Priority Pass lounge membership, which incorporates entry for the cardholder and as much as two friends at 1,300 lounges worldwide, and likewise main rental automobile insurance coverage along with journey cancellation, interruption and delay insurance coverage in addition to misplaced baggage reimbursement, prolonged guarantee safety and extra.
Additionally, the Venture X gives Hertz President’s Circle standing, which is a good perk anytime you might be renting a automobile. The card additionally consists of cellphone safety of as much as $800 in case your system is broken or stolen only for paying your telephone invoice on the cardboard.
You additionally get entry to Capital One Travel, which incorporates free value drop safety the place Capital One will partially refund you if the value drops after reserving a flight it recommends. If you discover a higher value, Capital One will match it, amongst different advantages.
In addition to Priority Pass, you additionally get entry to Capital One’s rising lounge community together with a tremendous lounge in Dallas, and also you additionally get an up-to-$100 assertion credit score for Global Entry or TSA PreCheck with the cardboard.
Finally, with Venture X, you get an annual $300 journey credit score by Capital One Travel and 10,000 anniversary bonus miles. These perks work collectively between the playing cards to make sure essentially the most fulfilling journey expertise whereas lowering danger with insurance coverage advantages.
Related: 6 issues to do once you get the Capital One Venture X
Fees and sign-up bonuses
The Venture X gives 75,000 miles after spending $4,000 on purchases inside the first three months of opening an account. The Savor Rewards gives a $300 money bonus (which may be transformed to 30,000 miles) after spending $3,000 on purchases inside three months of account opening.
After finishing the minimal spending necessities and incomes the 2 sign-up bonuses, you may simply accrue over 105,000 miles, good for worldwide round-trip enterprise class, a handful of round-trip home flights and even numerous resort nights.
The Capital One Venture X’s annual price is $395 and the Savor Cash’s is $95, however that is offset by the $300 journey credit score and 10,000 annual bonus miles. This implies that the annual price is successfully lower than $100 per 12 months, a tremendous deal in comparison with the advantages of holding the playing cards.
Neither card has international trade charges or prices so as to add an authorized consumer, a pleasant profit in comparison with different premium journey playing cards with further prices.
Bottom line
Credit card issuers have constructed their merchandise to work higher collectively. This consists of Chase’s traditional trifecta, the Amex trifecta and even Citi’s quadfecta, however the latest participant on the block is Capital One.
With extra cheap annual charges than their Chase and American Express counterparts, the Venture X and Savor Cash playing cards — Capital One’s dynamic duo — earn nice rewards on most frequent classes of spending and a minimal of two miles for each greenback spent.
Add within the protections, yearly advantages and sign-up bonus miles, and these two playing cards are good for people who wish to hold a easy, two-card set-up to maximise their day by day spending for journey. Not to say that the journey can be enhanced by perks reminiscent of lounge entry and TSA PreCheck.
Capital One has actually stepped up its journey rewards program in recent times and this duo of playing cards isn’t any exception — they’re giving Chase and Amex some steep competitors.