A few months ago, I wrote about my adventures (perhaps misadventures…) in trying to find the perfect travel credit card to suit my needs and reward me for my travel purchases. So, after much research and a lot of back and forth, I’m happy to announce that I have finally chosen one!
The Capital One Venture Card caught my eye because of its signing bonus, which was an extra 40,000 miles when you spend $3,000 in 3 months (an offer that is still going on, by the way). At first, I wasn’t sure I would be able to spend that much in three months because I tend to be pretty frugal, especially when it comes to charging things to my credit card. However, I knew that there were some big purchases that I wanted to make in the near future, like my camera and the hotels and tours of my upcoming trip to Iceland and Copenhagen. So with charging these expenses, and some of my normal expenses, like groceries and bills, I was able to reach the amount without issue. And then, once I received the bonus miles, I redeemed them to pay for my hotel in Copenhagen and one of the tours I have booked. Which is such a gratifying feeling, even if I did have to spend money to make it happen.
I don’t think I’m a full blown travel hacker quite yet, but I do really like this point system! The biggest advantage to the Capital One Venture Card is that I am not tied to any one airline or hotel brand. This card allows me to redeem any and all travel purchases, regardless of who I booked through. This is perfect for me, because I typically book whatever is cheapest and am not loyal to any one brand or company.
The only downfall to the Venture Card is that there is an annual fee of $59 dollars after the first year. But! Once the bonuses and miles are taken into account, I think it all evens out and the fee is worth the extra benefits. The cherry on top of it all is that there are no foreign transaction fees (duh, that’s why I got a travel credit card, in order to travel to foreign lands) and the benefits never expire. This means that even when I’m out of vacation days at work, like I currently am, I can still use my benefits once more have accrued.
All in all, I’m pretty happy with this decision, and I am excited to see where else this card (with me wielding it, of course will take me. Now if only I could get this travel hacking thing down to the point where I can travel full time!
Which travel credit card do you prefer? Where has it taken you so far?