Why We Applied For A Second Venture X Card

by joeheg

The welcome offer for the Capital One Venture X card ended on Monday, March 14th. Ever since the card launched in November 2021, it’s offered a 100,000 point sign-up bonus.

When it comes to our wallets, we only have three overlapping cards. We each have the Citi Premier, IHG Rewards Select and JetBlue Plus cards. The $49 IHG card is a no-brainer to keep. We signed up for a second JetBlue card to take advantage of a fantastic sign-up offer, and you get 5,000 points on each anniversary. I’m also keeping it because Barclays occasionally comes out with sensational spending offers. I can’t justify the two Citi Premier cards.

We don’t need two Venture X cards for the benefits because it offers four free additional users who get the same perks as the primary cardholder.

However, I signed up for the card because I’d be making $100 just from the travel credit and the vacation rental credit. That’s before the 100,000 points for the sign-up bonus which I could use for $1,000 in travel booked through the Capital One portal or transfer them to one of the travel program partners.

The card hasn’t lost any value in the past 4 months. If it was a good deal, then why not do it again? Offers like this don’t come around often, so you have to take advantage of them when you can.

I’m not sure if we’ll keep both cards for the long run but I have a year to figure that out.

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