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Live again: Capital One Venture X: 90,000 Point SignUp Bonus

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Live Again through different link:
Capital One Venture X is offering 90,000 miles after $4,000 in spend within the first three months
Here is the new link:

https://applynow.capitalone.com/?productId=24948

$395 Annual fee, not waived for first year

https://applynow.capitalone.com/?productId=24948
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Joined Sep 2023
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GreyDesk7874
10-10-2023 at 10:38 PM.
10-10-2023 at 10:38 PM.
who gets the bonus if i sign up?
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Joined Nov 2015
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dshoppr
10-10-2023 at 11:17 PM.
10-10-2023 at 11:17 PM.
Quote from GreyDesk7874 :
who gets the bonus if i sign up?
that link in post is not a referral link . So no one gets bonus.
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Joined Jul 2005
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Tokar
10-12-2023 at 12:22 AM.
10-12-2023 at 12:22 AM.
Quote from hondaman82 :
nope , $450 cash back, but if you flexible to travel international, 90K can get you round trip in economy or one way in business class to many places, just have to play around with destination and date
It depends.
  • If you redeem the 90,000 for cash, it is worth $450.
  • If you use the points to cover travel purchases (you have to make a travel purchase, be it lodging, air, car rental, uber, local transit, cruise, etc. then you have to wait for it to settle after a couple days, then you go to your rewards and there will be an option to cover travel purchases and it'll give you a list. I did it with my Capital One Venture card) it is worth $900.
  • If you transfer the points to one of the many travel partners that Capital One supports you can get a lot more value, $900 at a MINIMUM. I fly to Colombia a lot. Lifemiles is a supported partner. Even for a full economy ticket on Avianca you can get more than $0.02/point value. I bought a ticket for my mother-in-law in June, used 16,500 points for a one-way ticket on Avianca that would have cost me around $518.50 (based on the USDCOP exchange rate at the time). After deducting the taxes you have to pay with the points, I got $0.02367/point in value. This wasn't a last minute ticket. This was purchased 2 months in advance on a flight that was a low price for the time.

    Now the only caveat here is that while you will get that value and you'll be able to tell yourself you converted 90,000 points into some crazy amount of dollars, the question you have to ask yourself is if you would have booked those flights with cash if you had to. What I mean is, if Avianca is $518.50, and Delta is say $450, and you choose to book Avianca with miles because you say "damn, 450 and 518.50 are expensive, I'd much rather pay cash for when flights are under 400 and maximize the value of these points" would you really have spent $518.50? Unless you REEEEEALLY needed to do the Avianca route, if you were forced to pay cash (say, because you have no miles) you probably would have gone with the Delta flight for $450 (assuming all things being equal...time on flight, layover time, etc.). In my case, I don't remember what other flights were available that I would have chosen for my mother-in-law, but if I had to pay cash, I certainly wasn't buying the $518.50 Avianca flight. I think there was a much less comfortable (with respect to flight times) COPA flight that was like $150 less on a different day. So did I really get $0.02367/point?
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Last edited by Tokar October 12, 2023 at 12:24 AM.
Joined Dec 2004
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onionring
10-12-2023 at 04:24 AM.
10-12-2023 at 04:24 AM.
Quote from Tokar :
It depends.
  • If you redeem the 90,000 for cash, it is worth $450.
  • If you use the points to cover travel purchases (you have to make a travel purchase, be it lodging, air, car rental, uber, local transit, cruise, etc. then you have to wait for it to settle after a couple days, then you go to your rewards and there will be an option to cover travel purchases and it'll give you a list. I did it with my Capital One Venture card) it is worth $900.
  • If you transfer the points to one of the many travel partners that Capital One supports you can get a lot more value, $900 at a MINIMUM. I fly to Colombia a lot. Lifemiles is a supported partner. Even for a full economy ticket on Avianca you can get more than $0.02/point value. I bought a ticket for my mother-in-law in June, used 16,500 points for a one-way ticket on Avianca that would have cost me around $518.50 (based on the USDCOP exchange rate at the time). After deducting the taxes you have to pay with the points, I got $0.02367/point in value. This wasn't a last minute ticket. This was purchased 2 months in advance on a flight that was a low price for the time.

    Now the only caveat here is that while you will get that value and you'll be able to tell yourself you converted 90,000 points into some crazy amount of dollars, the question you have to ask yourself is if you would have booked those flights with cash if you had to. What I mean is, if Avianca is $518.50, and Delta is say $450, and you choose to book Avianca with miles because you say "damn, 450 and 518.50 are expensive, I'd much rather pay cash for when flights are under 400 and maximize the value of these points" would you really have spent $518.50? Unless you REEEEEALLY needed to do the Avianca route, if you were forced to pay cash (say, because you have no miles) you probably would have gone with the Delta flight for $450 (assuming all things being equal...time on flight, layover time, etc.). In my case, I don't remember what other flights were available that I would have chosen for my mother-in-law, but if I had to pay cash, I certainly wasn't buying the $518.50 Avianca flight. I think there was a much less comfortable (with respect to flight times) COPA flight that was like $150 less on a different day. So did I really get $0.02367/point?

When you transfer points to travel partners, is it mostly instant?
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Joined Feb 2007
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> bubble2 3,510 Posts
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sgb
10-12-2023 at 04:30 AM.
10-12-2023 at 04:30 AM.
Quote from Deal2go :
with the $400 ANNUAL FEE, this 90k bonus offer is only worth around $200 and waste of 3 credit pulls from all three agencies. terrible offer!
If you do any kind of travel, it is worth at least $900.
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Joined Jul 2005
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> bubble2 1,616 Posts
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Tokar
10-12-2023 at 07:04 AM.
10-12-2023 at 07:04 AM.
Quote from onionring :
When you transfer points to travel partners, is it mostly instant?
Should be. All these credit card companies general advertise it as such. I've never done it so I can't say for sure, but I would think if it was a terrible service all these websites wouldn't be touting these cards ever day. I think it might be either instant or 30 minute delay.
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Joined Sep 2008
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Antonius
10-12-2023 at 10:03 AM.
10-12-2023 at 10:03 AM.
While this is not a bad offer historically, just a few months ago they offered 100k on the Venture (the 95 dollar card, not the X), so I personally would hold out for a superior offer on this card. Do bear in mind, c1 only lets you have 2 cards at once, which is rough, so if you have any other c1 card, you can only get 1 venture at a time. They can be, as stated, weird on approval. I applied a year ago for a venture and despite flawless credit and 25 years of history with them, they denied. Applied again a few months back and approved. No changes to history or score or spend etc, but for some reason they decided to approve. A tip I would give (not sure if it helps but I assume it does), during the application when it asks, say you ALWAYS carry a balance and are going to transfer a balance in. Those are things that c1 is known to want, so it stands to reason those give you points on the app.
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Joined Feb 2007
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> bubble2 3,510 Posts
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sgb
10-12-2023 at 10:29 AM.
10-12-2023 at 10:29 AM.
Quote from sgb :
If you do any kind of travel, it is worth at least $900.
Quote from Deal2go :
read again above. who is paying your $400 ANNUAL FEE huh?

it may look like a $500 max benefit card but it is not worth 3 credit pulls. the actual value is only like $200
I don't want to get into a protracted argument on the Internet because everyone's situation is different. In my case, I've already recouped $300 of my annual fee when I booked a ticket through them - that ticket was same price as anywhere else. I have multiple household members on my card and they all travel. We've already used the lounges multiple times this year. So for me the annual fee has already more than paid for itself. I've redeemed the points for credit against travel spending so it was worth the full amount. The 90K points may be worth $200 to you but to me they are worth $900. I have excellent credit rating and credit pulls don't affect me adversely in any meaningful way.
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Joined Sep 2008
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> bubble2 283 Posts
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Antonius
10-12-2023 at 11:56 AM.
10-12-2023 at 11:56 AM.
It's strange to me to look at a travel point focused card and then argue that the points are not worth their true value as travel partner points. If you get this card to cash the points out, you're doing it wrong and you are getting the wrong card. These points are worth 1c a piece minimum if not more. If you don't think so, you are getting the wrong card. The real value of these points is transferred to a travel partner for high value redemption.

With regards to the long term value of this card, the 395 is completely negated by the use of the 300 credit plus the 10k anniversary points. Whether the 90k SUB is enough to get it versus historical trends is a question for each person, like I mentioned a couple of posts up.
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Last edited by Antonius October 12, 2023 at 12:00 PM.
Joined Sep 2008
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> bubble2 283 Posts
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Antonius
10-12-2023 at 12:03 PM.
10-12-2023 at 12:03 PM.
Quote from Tokar :
Should be. All these credit card companies general advertise it as such. I've never done it so I can't say for sure, but I would think if it was a terrible service all these websites wouldn't be touting these cards ever day. I think it might be either instant or 30 minute delay.
Most partners for most credit card currencies (Chase UR, Amex MR, Citi TYP and C1 points) are instant but NOT all of them. It varies by partner. If you are not sure, Google various data points and charts about current data on each currency and each partner to get an idea of current transfer time. The large majority though ARE instant but definitely not all.
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Joined Sep 2008
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> bubble2 283 Posts
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Antonius
10-12-2023 at 12:06 PM.
10-12-2023 at 12:06 PM.
Quote from Deal2go :
with the $400 ANNUAL FEE, this 90k bonus offer is only worth around $200 and waste of 3 credit pulls from all three agencies. terrible offer!
I mean this is so incredibly off the mark and just a factually incorrect assessment it's crazy. "Terrible offer" is a ludicrous statement.
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Joined Nov 2015
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> bubble2 4,160 Posts
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Original Poster
dshoppr
10-12-2023 at 01:55 PM.
10-12-2023 at 01:55 PM.
Quote from Deal2go :
read again above. who is paying your $400 ANNUAL FEE huh?

it may look like a $500 max benefit card but it is not worth 3 credit pulls. the actual value is only like $200
how did you even come to this conclusion - 90k points = $200?
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