Back in March, I shared a killer deal from the Capital One Venture Card. In short, they were matching up to 100k of your miles if you applied for their card and spent $1k within the first three months. Throw in the 10k bonus miles for new cardholders, and that was the equivalent of (up to) a whopping $1100 signup bonus.
Unfortunately, that offer has since expired, but Cap One is offering a relatively generous bonus in its place. This time around, they’re offering 25,000 bonus miles in return for applying for the card and spending $1k in the first three months. Given that these “miles” can be traded in on a penny per point basis, that’s the equivalent of a $250 cash signup bonus.
There is a $59 annual fee, but it’s waived for the first year. Going forward, you’ll receive two miles for every dollar spent. Another nice aspect of this card is that there are no foreign transaction fees. Thus, if you’re a big traveler, you can save a nice chunk of money when using your card overseas.
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Tags: Mile, Venture Card
June 27th, 2011
Amber Cook 