{"id":3001,"date":"2021-11-11T04:00:00","date_gmt":"2021-11-11T11:00:00","guid":{"rendered":"https:\/\/milesearnandburn.com\/?p=3001"},"modified":"2023-04-18T12:09:29","modified_gmt":"2023-04-18T18:09:29","slug":"new-credit-card-buzz","status":"publish","type":"post","link":"https:\/\/milesearnandburn.com\/index.php\/2021\/11\/11\/new-credit-card-buzz\/","title":{"rendered":"New Credit Card Buzz"},"content":{"rendered":"

Two new credit cards entered the travel hacking sphere this week. It\u2019s too early to tell how gameable they\u2019ll be, but it\u2019s not too early to get an opinion on how useful they seem from a site that has no financial interest whatsoever vested in whether or not you apply for a credit card.<\/p>\n

To that end, today I\u2019ve tried to summarize what\u2019s unique about these cards and leave out crap that won\u2019t matter to most of you, because usually that stuff is just chaff to make you think you\u2019re getting a bigger value then you\u2019ll probably end up with (see the $120 annual Equinox credit).<\/p>\n

Captial One Venture X<\/h4>\n

Affiliate-free information page: Capital One Venture X<\/a><\/p>\n

\n\n\n\n\n\n\n\n
Sign-up Bonus<\/td>\n100,000 Capital One points after spending $10,000 in six months<\/td>\n<\/tr>\n
Annual Fee<\/td>\n$395, not waived for the first year<\/td>\n<\/tr>\n
Bonus Categories<\/td>\n\u2013 10x Hotels and Rental cards only<\/em> when booked through the Capital One travel portal
\u2013 5x on Flights only<\/em> when booked through the Capital One Travel Portal<\/td>\n<\/tr>\n
Major benefits<\/td>\n\u2013 Primary rental car protection
\u2013 Trip delay protection (for delays six hours or longer, or overnight)
\u2013 Cell phone protection
\u2013 10,000 bonus points every card renewal
\u2013 $300 travel credit<\/td>\n<\/tr>\n
Issuer quirks<\/td>\n\u2013 Capital One pulls from all three major credit bureaus
\u2013 If your credit score is too high (say, above 800), they probably won\u2019t approve you
\u2013 You may have better odds of approval if you note that you often carry balances during the application<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

Is this card worth it the first year<\/strong>? I think so. The points you earn from $10,000 in spending for the sign up bonus and the $300 travel credit will cover the annual fee, and you\u2019ll still have the bonus to use to pay for travel directly or to transfer partners.<\/p>\n

Is this card worth it for year two and beyond?<\/strong> No, probably not. Capital One\u2019s transfer partners certainly lag the offerings of Chase and American Express, and likely lag those of Citi too. They also lack a good hotel transfer partner. After year one, I\u2019d rather keep:<\/p>\n