I had a fucked up credit around 400 because i did bad financial decision when I was 18. When I decided to take my credit serious, capital one was the only bank who gave me a 2nd chance with the regular debit card, i was able to build up my credit to 700. Forever loyal to capital one.
The thing I love about the VX is how usable of a card it is with the 2x multiplier. No other high end travel card has that, and the Amex Platinum is only 5x on flights and some Amex booked hotels. If I'm dropping hundreds of dollars every year for a credit card, I want to be able to use it. The only other card I see that can really compete is the Altitude reserve.
Agreed, I think the play for the AR is with their multipliers on mobile wallet and travel purchases, but the total net return is still greater with the VX, considering you'll still earn more points with 2x in the aggregate even when mobile wallet isn't available
Any charges that an authorized user makes count only towards the primary cardholders account. Meaning their charges count toward your $4k min spend AND all the points are also yours as the primary cardholder. BONUS... you can add up to 3 authorized users for FREE! Good luck!
A couple of other great benefits include adding up to 3 authorized users for FREE and the fact that all of those authorized users get the lounge benefits( lounge access + up to 3 guests?). Also, Escape Lounges (most but not all) are now available to Priority Pass members which adds yet another lounge network to VX cardholders to go with Capital One lounges, Priority Pass and Plaza Premium. Thanks for all the great content!
The only thing I can complain about is having no domestic airline partners If it can get a United/American or even a JetBlue/Southwest I really can't see a good argument for any better card
Some finer points: when you book flights thru travel portal. Your ticket is the lowest fare class that airlines want to charge you for even selecting a seat, not good seat, any seat in advance. Upgrade to premium Econ or business classes you might as well buy the full fare for that class because you will be asked to pay as much to upgrade if they allow you. I was told once that the fare class is so low they will charge full price for upgrades. Enough said.
Cannot get approved for the VX. I have had the C1V for a year. Too many revolving open accounts, allegedly! ;(. Looking forward to the day I can get the C1VX!!!
Thanks for comprehensive review! Heard air canada aetoplan is better airline transfer partner? Ive been united 1k for last 10 yrs and prefer star alliance. Btw, cancelled chase csr after owning x card since introduction.
Capital One VX have some good benefits, I am just not a fan of their transfer partners. Thats the only reason I am sticking with CSR. If C1 add more domestic transfer partners like a hyatt, southwest, united etc......, I would easily cancel the CSR for it.
Personally I would just go for upgrading the card to the Venture X if it's offered by Capital One. That way you wouldn't incur a hard credit pull and all your card info stays the same, and it's less of a hassle in general. Only drawback is of course the no sign-up bonus when upgrading (unless it's offered)
@@realprofessoroak About an hour before this reply I decided to get a new card all together 😂🤦🏻♀️ I was approved and only 4 point hit to my credit so hopefully it wasn’t a terrible decision. Thanks for the response! I’m thinking about switching the regular Venture I have ($95 annual fee) to the Venture One ($0 annual fee), do you think that’s ok?
I picked this up in July of last year and though I rotate 8 cards based on offerings this is my most used card passing my Citi Costco Visa last year despite only using it half the year. I don't get much benefit from the lounges since I fly mainly out of Midway which does not have one. Cell phone protection is useless for me since Verizon forces you to use checking or their card (I do have). Actually pretty much all of the other benefits are not of use to me including the portal as I usually book elsewhere... I get my main benefit from the points and credits alone.
Thanks for the videos! My wife just got approved for the venture x. Should she add me as an authorized user or will that prevent me from ever getting the sub? I currently have the venture and plan on downgrading it when I hit a year.
As far as I'm aware, being an authorized user does not prevent you from being eligible for the sign-up bonus once you apply. Now of course, when you apply for the card outright instead of upgrading your Venture, it will be a hard inquiry on your credit report, and you will have to be removed as an authorized user from the other Venture X prior to applying for it.
At 33:29 I go through an example of a point transfer, but once you've moved the points over to an award partner, you'll want to go on that award partner's website to look at award ticket availability. There are some other videos on my channel in which I go through how to do this in detail as well.
If you transfer the points and book a flight with an airline partner, does that mean you won’t be able to utilize the $300 credit since it wasn’t booked in the portal?
Nope, they're actually independent of each other so if you transfer your miles to an award partner you still have your full $300 travel credit entitlement to use on Capital One Travel
i dont know what to use my $300 travel credit. its expiring soon. i want to use it on top of the annual $300 credit im getting, so it'll be $600. aaghhh.
It can be used on anything you see on Capital One Travel, and as you probably know, expires on anniversary date of the card, so you gotta make sure you use it before it expires!
Right, so I had the Capital One Venture before going on active duty and then upgraded it to the Venture X which is covered under SCRA benefits. That being said, with both my Chase and AMEX cards, they applied SCRA benefits even though for some of the cards I applied after being on active duty. Basically, the issuer can decide to do what they want even though the policy for MLA is during AD and SCRA is credit applied before. My recommendation is that if you are on active duty and trying to build a setup, I would start with the AMEX lineup because once you get your first one, they don't do a hard pull again when you apply for their other products. The Venture X is obviously a great offering that pays for itself even without the annual fee waived, but if you're looking specifically for cards that waive the fee for applying while on active duty, that's what I would consider.
New subscriber here. I see you have the Costco Card & use it for gas. Would you still use it for gas or swap it for the VX since you can get more value from the VX using transfer partners? I was thinking about getting the US Bank AR so I can get 4.5% back at Costco and Costco gas when using mobile wallet. Not sure if that would be better for domestic flights or if the CSR would be the better domestic value w/ the 1.5 bonus. Thoughts?
The US Bank Altitude Reserve is one of the best plays for Costco. That's what I'd personally use if I had the card, but since I don't, I usually just use the Costco Rewards Citi card for the 5% back on Costco Gas since the multiplier on gas is just 2x for the VX. If you consider that the award redemption potential for the VX or CSR or any of the cards that offer transfer partners, it would technically be advantageous to put all your purchases on one of those for maximum potential value, but again, I usually just stick with using my Costco card for gas since it's convenient and the margin in award potential for the limited amount of money I spend on gas is negligible.
How does one tell cap 1 that even if I had a phone I would not give them the number. My email and snail mal addresses have worked fine for all the crap they say a phone can provide me for the last thirty years. I would appreciate it if they would stop harassing me for one.
I had a fucked up credit around 400 because i did bad financial decision when I was 18. When I decided to take my credit serious, capital one was the only bank who gave me a 2nd chance with the regular debit card, i was able to build up my credit to 700. Forever loyal to capital one.
I just got approved for my Venture X card and I can’t wait to use it! ✌️
Nice job Professor Oak! Very comprehensive review with visuals.
venture x is hella underrated compared to amex plat and chase reserve. great video
Excellent and well-detailed video. Just applied and got approved. Looking forward to getting my card! Also thank you for your service
Have actively used the Sapphire Reserve for last four years.
Just got the Venture X today.
Appreciate your video!
You bet!
great video! exactly what i’ve been searching for 👍. i’m bouncing back and forth in deciding on chase or capital 1
Awesome video, thank you for your service!!
You bet! Thanks
Just canceled my platinum and chase for Venture X!
Absolutely savage
Great video. Love your channel keep up the good work.
🙌
Just got mine. Thanks for the video
The thing I love about the VX is how usable of a card it is with the 2x multiplier. No other high end travel card has that, and the Amex Platinum is only 5x on flights and some Amex booked hotels. If I'm dropping hundreds of dollars every year for a credit card, I want to be able to use it.
The only other card I see that can really compete is the Altitude reserve.
Agreed, I think the play for the AR is with their multipliers on mobile wallet and travel purchases, but the total net return is still greater with the VX, considering you'll still earn more points with 2x in the aggregate even when mobile wallet isn't available
Can one hit the 4K mark with an authorized user and the primary going ham on purchases? Or just from the primary?🤔
Any charges that an authorized user makes count only towards the primary cardholders account. Meaning their charges count toward your $4k min spend AND all the points are also yours as the primary cardholder. BONUS... you can add up to 3 authorized users for FREE! Good luck!
Very insightful information. Thank you.
A couple of other great benefits include adding up to 3 authorized users for FREE and the fact that all of those authorized users get the lounge benefits( lounge access + up to 3 guests?). Also, Escape Lounges (most but not all) are now available to Priority Pass members which adds yet another lounge network to VX cardholders to go with Capital One lounges, Priority Pass and Plaza Premium.
Thanks for all the great content!
Good points! Thank you for adding
The only thing I can complain about is having no domestic airline partners
If it can get a United/American or even a JetBlue/Southwest I really can't see a good argument for any better card
You can redeem miles for any of the mayor alliances partners of United and American, like Canada Aeroplan and British Airways, respectively
@@MultiJuan120 which is why I'm ok with it, but not ideal
Great info thanks!
Some finer points: when you book flights thru travel portal. Your ticket is the lowest fare class that airlines want to charge you for even selecting a seat, not good seat, any seat in advance. Upgrade to premium Econ or business classes you might as well buy the full fare for that class because you will be asked to pay as much to upgrade if they allow you. I was told once that the fare class is so low they will charge full price for upgrades. Enough said.
This is good
Cannot get approved for the VX. I have had the C1V for a year. Too many revolving open accounts, allegedly! ;(. Looking forward to the day I can get the C1VX!!!
Thanks for the video, just got approved! Hope you got some points from my referral!
Thanks for comprehensive review! Heard air canada aetoplan is better airline transfer partner? Ive been united 1k for last 10 yrs and prefer star alliance. Btw, cancelled chase csr after owning x card since introduction.
Excellent points made here👍🏾
Appreciate it!
Capital One VX have some good benefits, I am just not a fan of their transfer partners. Thats the only reason I am sticking with CSR. If C1 add more domestic transfer partners like a hyatt, southwest, united etc......, I would easily cancel the CSR for it.
Great video man. Are you still on AD orders, if not are you still getting waived for the AMEX platinum?
How do I book multi stop flight from USA through UK to Africa using capital one transfer miles?
Great video, thanks! Do you think it’s better to upgrade vs apply for a new card? Currently have the quicksilver and the venture. Thanks!
Personally I would just go for upgrading the card to the Venture X if it's offered by Capital One. That way you wouldn't incur a hard credit pull and all your card info stays the same, and it's less of a hassle in general. Only drawback is of course the no sign-up bonus when upgrading (unless it's offered)
@@realprofessoroak About an hour before this reply I decided to get a new card all together 😂🤦🏻♀️ I was approved and only 4 point hit to my credit so hopefully it wasn’t a terrible decision. Thanks for the response! I’m thinking about switching the regular Venture I have ($95 annual fee) to the Venture One ($0 annual fee), do you think that’s ok?
How did you get the fee waived for Capital One? When I called and asked if they did that Military I was told that they don’t.
I'm new to your channel! Great job. Do you think "cover purchase" is good deal?
This is not the professor oak I was looking up 😭
10:00 the Wells Fargo Active Cash card offers 2% cash back on everything as well!
I picked this up in July of last year and though I rotate 8 cards based on offerings this is my most used card passing my Citi Costco Visa last year despite only using it half the year. I don't get much benefit from the lounges since I fly mainly out of Midway which does not have one. Cell phone protection is useless for me since Verizon forces you to use checking or their card (I do have). Actually pretty much all of the other benefits are not of use to me including the portal as I usually book elsewhere... I get my main benefit from the points and credits alone.
I pay Verizon with my VX.
@@mrg2001 you can't get the autopay discount unless you use their card
Thanks for the videos! My wife just got approved for the venture x. Should she add me as an authorized user or will that prevent me from ever getting the sub? I currently have the venture and plan on downgrading it when I hit a year.
As far as I'm aware, being an authorized user does not prevent you from being eligible for the sign-up bonus once you apply. Now of course, when you apply for the card outright instead of upgrading your Venture, it will be a hard inquiry on your credit report, and you will have to be removed as an authorized user from the other Venture X prior to applying for it.
Thanks. Also if you want to share your corporate car codes I wouldn’t complain;)
How do you book a flight with partner airlines after transferring points to their VX listed airlines.
At 33:29 I go through an example of a point transfer, but once you've moved the points over to an award partner, you'll want to go on that award partner's website to look at award ticket availability. There are some other videos on my channel in which I go through how to do this in detail as well.
Doesn’t the regular venture also give 2x on everything?
If you transfer the points and book a flight with an airline partner, does that mean you won’t be able to utilize the $300 credit since it wasn’t booked in the portal?
Nope, they're actually independent of each other so if you transfer your miles to an award partner you still have your full $300 travel credit entitlement to use on Capital One Travel
i dont know what to use my $300 travel credit. its expiring soon. i want to use it on top of the annual $300 credit im getting, so it'll be $600. aaghhh.
It can be used on anything you see on Capital One Travel, and as you probably know, expires on anniversary date of the card, so you gotta make sure you use it before it expires!
Credits don't stack.
@@realprofessoroak ok i see it. i wasnt sure how to redeem it.
@@sneezygibz6403 i know. i was planning on using the expiring one for a flight and the new one for hotel.
@@sneezygibz6403 i know. i was thinking of using the expiring one on a flight and the new one on hotel.
Why would anybody wanna get a crappy Iphone when they could have the newaet Samsung Ultra? Anyway, good video. Just got the Venture X
Capital one says they will not waive annual fee for active duty. Did you receive the waived fee if so how?
He stated that he upgraded his card. Probably can assume he upgraded a card that he held prior to active duty.
@@Kevtheone_j that would make sense. Capital one does have SCRA benefits but not MLA benefits. Thank you for pointing that out
@JorgeGuzman28 I'm also trying to figure out how to get this card waived. Hopefully a clear answer comes soon.
Right, so I had the Capital One Venture before going on active duty and then upgraded it to the Venture X which is covered under SCRA benefits. That being said, with both my Chase and AMEX cards, they applied SCRA benefits even though for some of the cards I applied after being on active duty. Basically, the issuer can decide to do what they want even though the policy for MLA is during AD and SCRA is credit applied before.
My recommendation is that if you are on active duty and trying to build a setup, I would start with the AMEX lineup because once you get your first one, they don't do a hard pull again when you apply for their other products. The Venture X is obviously a great offering that pays for itself even without the annual fee waived, but if you're looking specifically for cards that waive the fee for applying while on active duty, that's what I would consider.
New subscriber here. I see you have the Costco Card & use it for gas. Would you still use it for gas or swap it for the VX since you can get more value from the VX using transfer partners? I was thinking about getting the US Bank AR so I can get 4.5% back at Costco and Costco gas when using mobile wallet. Not sure if that would be better for domestic flights or if the CSR would be the better domestic value w/ the 1.5 bonus. Thoughts?
The US Bank Altitude Reserve is one of the best plays for Costco. That's what I'd personally use if I had the card, but since I don't, I usually just use the Costco Rewards Citi card for the 5% back on Costco Gas since the multiplier on gas is just 2x for the VX. If you consider that the award redemption potential for the VX or CSR or any of the cards that offer transfer partners, it would technically be advantageous to put all your purchases on one of those for maximum potential value, but again, I usually just stick with using my Costco card for gas since it's convenient and the margin in award potential for the limited amount of money I spend on gas is negligible.
How does one tell cap 1 that even if I had a phone I would not give them the number.
My email and snail mal addresses have worked fine for all the crap they say a phone can provide me for the last thirty years.
I would appreciate it if they would stop harassing me for one.
I got** hit with my $395 annual fee within a couple days of just getting the card 😂
oh no
fricken safeway and kaimuki on your bank statement. trippin me out lmaoo
🗣️🗣️
Sends, I assume.
Sorry I'm not sure what you mean
"Second", typo on my end @@realprofessoroak
First
Nice