Capital One Venture X Vs. Chase Sapphire Reserve: Which Card Is Better?

Capital One Venture X Vs. Chase Sapphire Reserve: Which Card Is Better?

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The new Capital One Venture X Rewards Credit Card (review) was recently introduced, and it’s probably the biggest new competitor to the uber-popular Chase Sapphire Reserve® Card (review). Since there’s a lot of overlap between these two cards, in this post I wanted to compare the two cards, with the hopes of helping people decide which card makes more sense for them.

Comparing the Venture X & Sapphire Reserve

Both the Capital One Venture X and Chase Sapphire Reserve are incredibly rewarding cards, so let’s compare them across a variety of factors — welcome bonuses, approval odds, annual fees, the ability to earn & redeem points, the ability to redeem points, annual credits, lounge access, and more. Let’s get right into…

Welcome bonuses: Venture X vs. Sapphire Reserve

The two cards are currently offering the following welcome bonuses:

  • The Capital One Venture X is offering 100,000 Venture miles plus a $200 vacation rental credit after spending $10,000 within six months
  • The Chase Sapphire Reserve is offering 50,000 Ultimate Rewards points after spending $4,000 within three months

For context, I value both Capital One miles and Chase Ultimate Rewards points at 1.7 cents each.

Winner: The Capital One Venture X wins, and is offering a significantly better welcome bonus, despite the higher spending requirement.

Redeem welcome bonuses for some great travel rewards

Approval odds: Venture X vs. Sapphire Reserve

Both cards have rules when it comes to being approved:

Winner: It depends on your exact situation, especially given that Capital One can be strange about approvals sometimes, but I’d say a lot more people are eligible for the Capital One Venture X than the Chase Sapphire Reserve.

There are fewer restrictions around being approved for the Venture X

Annual fees: Venture X vs. Sapphire Reserve

When it comes to the annual fees of the two credit cards, there is a significant difference, both for the primary cardmember and for authorized users:

Winner: The Capital One Venture X wins by a long shot here, as the annual fee is much lower, and you can add authorized users at no extra cost.

The Venture X has a lower annual fee, including for authorized users

Earning points: Venture X vs. Sapphire Reserve

The two cards have different rewards structures, with one card being great for everyday spending, and the other card being great for popular bonus categories:

  • The Capital One Venture X earns 2x Venture miles on all purchases; you can also earn 10x miles for hotels and rentals cars booked through Capital One Travel, and 5x miles for flights booked through Capital One Travel
  • The Chase Sapphire Reserve earns 3x Ultimate Rewards points on dining and travel, and 1x Ultimate Rewards points on other purchases; you can also earn 10x points for hotels and rental cars booked through Chase Travel, and 5x points for flights booked through Chase Travel

Winner: I’d say this is a “your mileage may vary” situation, so I don’t think there’s an obvious winner. If over half of your spending is on dining and travel, you’ll come out ahead with the Chase Sapphire Reserve, while if over half of your spending is in other categories, you’ll come out ahead with the Capital One Venture X. This doesn’t factor in the ability to build a portfolio of cards, which I’ll address below.

Earn 3x points on dining with the Sapphire Reserve

Redeeming points: Venture X vs. Sapphire Reserve

As I mentioned above, I value both Capital One miles and Chase Ultimate Rewards points at 1.7 cents each, but I wanted to expand a bit on redemption opportunities.

Points earned on the Capital One Venture X can be redeemed in the following ways:

  • They can be redeemed for one cent each towards the cost of a travel purchase; what’s cool is that you can book travel however you’d like, and then retroactively reimburse yourself for those purchases with the Purchase Eraser feature
  • They can be transferred to Capital One airline and hotel partners, with a vast majority of transfers being at a 1:1 ratio

Capital One partners include the following (along with transfer ratios and times):

Capital One Transfer Partner
Transfer Ratio
Transfer Time
Accor Live Limitless (ALL)
1000 : 500
~ 24 to 48 hours
Aeromexico Club Premier
1000 : 1000
Instant
Air Canada Aeroplan
1000 : 1000
Instant
Air France-KLM Flying Blue
1000 : 1000
Instant
Avianca LifeMiles
1000 : 1000
Instant
British Airways Executive Club
1000 : 1000
Instant
Cathay Pacific Asia Miles
1000 : 1000
~ 3 to 5 days
Emirates Skywards
1000 : 1000
Instant
Etihad Guest
1000 : 1000
~ 12 to 24 hours
EVA Air Infinity MileageLands
1000 : 750
~ 24 to 48 hours
Finnair Plus
1000 : 1000
Instant
Qantas Frequent Flyer
1000 : 1000
~ 24 to 48 hours
Singapore Airlines KrisFlyer
1000 : 1000
~ 24 to 48 hours
TAP Air Portugal Miles&Go
1000 : 1000
Instant
Turkish Airlines Miles&Smiles
1000 : 1000
~ 24 to 48 hours
Wyndham Rewards
1000 : 1000
Instant
Capital One Transfer Ratios & Times

Points earned on the Chase Sapphire Reserve can be redeemed in the following ways:

  • They can be redeemed for 1.5 cents each towards the cost of a travel purchase through Chase Travel; this gets you a higher per-point value, but you are restricted to booking through the travel portal
  • They can be transferred to Ultimate Rewards airline and hotel partners at a 1:1 ratio

Ultimate Rewards partners include the following (along with transfer ratios and times):

Ultimate Rewards Transfer Partner
Transfer Ratio
Transfer Time
Aer Lingus Aer Club
1000 : 1000
Instant
Air Canada Aeroplan
1000 : 1000
Instant
Air France KLM FlyingBlue
1000 : 1000
Instant
British Airways Executive Club
1000 : 1000
Instant
Emirates Skywards
1000 : 1000
Instant
Iberia Plus
1000 : 1000
Instant
JetBlue TrueBlue
1000 : 1000
Instant
Singapore Airlines KrisFlyer
1000 : 1000
~ 1 to 7 days
Southwest Rapid Rewards
1000 : 1000
Instant
United MileagePlus
1000 : 1000
Instant
Virgin Atlantic Flying Club
1000 : 1000
Instant
IHG Rewards Club
1000 : 1000
Instant
Marriott Bonvoy
1000 : 1000
~ 1 to 2 days
World of Hyatt
1000 : 1000
Instant
Chase Ultimate Rewards transfer ratios & times

Winner: I’d say the Chase Sapphire Reserve has the slight edge here. I value the two points currencies the same, but if I had to choose, I think I slightly prefer the Chase Ultimate Rewards transfer partners (thanks to World of Hyatt), and the “cash-out” value when redeeming points towards travel is higher (though with the requirement to book through the portal, which is restrictive).

There are great ways to redeem Venture miles and Ultimate Rewards points

Annual credits & ongoing perks: Venture X vs. Sapphire Reserve

Both cards offer significant annual credits that largely help offset the annual fee:

The way I view it, the Sapphire Reserve really only “costs” you $250 per year after subtracting the $300 credit from the $550 annual fee. Meanwhile I’d argue that the Capital One Venture X “costs” you nothing, really, after factoring in the minimum of $400 in value you’ll get from the annual travel credit and 10,000 bonus miles.

Winner: While the Chase Sapphire Reserve’s $300 credit is more flexible, the Capital One Venture X wins for offering both a $300 credit and 10,000 bonus anniversary miles, which more or less means the card “costs” you almost nothing to hold onto.

Both credit cards offer valuable annual travel credits

Lounge access: Venture X vs. Sapphire Reserve

One of the major reasons people consider picking up a premium credit card is for lounge access, and this is an area where both cards are pretty good:

With both cards you can take two guests into Priority Pass lounges with you, you can get credits at Priority Pass restaurants, and both the primary cardmember and authorized users receive these perks.

Winner: The Capital One Venture X wins here. Not only does the card have a lower annual fee, but you can also add authorized users for free (and they get a Priority Pass membership as well), and the card also offers access to Capital One Lounges.

Access Capital One Lounges with the Venture X

Rental car perks: Venture X vs. Sapphire Reserve

Both cards are Visa Infinite products, which means they come with certain rental car perks, though there’s still a difference:

Winner: The Venture X wins, since it not only offers the standard Visa Infinite perks, but also top tier status with Hertz.

Both cards offer useful rental car perks

Building a card portfolio: Venture X vs. Sapphire Reserve

It’s important to call out one major competitive advantage of the Chase Sapphire Reserve, which is the ability to create an incredible portfolio of credit cards that helps maximize your rewards. Capital One’s mileage earning cards are all great for everyday spending, but opportunities to take advantage of bonus categories are limited.

You can pool the points you earn on the Chase Sapphire Reserve with some other awesome Chase cards, most of which don’t have an annual fee:

  • The Chase Freedom FlexSM (review) has no annual fee and offers 5x points in rotating quarterly categories, for up to $1,500 of spending per quarter, plus 3x points on dining and drugstores
  • The Chase Freedom Unlimited® (review) has no annual fee and offers 1.5x points on all purchases, plus 3x points on dining and drugstores
  • The Ink Business Cash® Credit Card (review) has no annual fee and offers 5x points on the first $25,000 of combined purchases per cardmember year on office supply stores, internet, cable TV, mobile phones, and landlines, and 2x points on the first $25,000 of combined purchases per cardmember year on restaurants and gas stations
  • The Ink Business Unlimited® Credit Card (review) has no annual fee and offers a flat 1.5x points on all purchases
  • The Ink Business Preferred® Credit Card (review) has a $95 annual fee and offers 3x points on the first $150,000 spent each cardmember year on travel, shipping purchases, internet, cable, phone services, and advertising purchases made with social media sites and search engines

As you can see, these cards are all great complements that can greatly increase the pace at which you earn Ultimate Rewards points. Of course, this assumes that you’re willing to get multiple cards, which some people don’t want to do.

Get several Chase credit cards to maximize your points

In fairness, Capital One isn’t without pairing options either. The Capital One SavorOne Cash Rewards Credit Card (review) offers 3% cash back on dining, grocery stores, entertainment, and select streaming services, and the card has no annual fee and no foreign transaction fees. If you have the card in conjunction with the Capital One Venture X, then rewards can be converted into Capital One miles at the rate of one cent per mile.

Which premium credit card is better?

Hopefully the above is a fair rundown comparing various aspects of the cards. Based on the categories I compared (which are standard categories I use when comparing cards) the Capital One Venture X wins over the Chase Sapphire Reserve. Of course there’s never a cut-and-dry answer as to which card is better, so let me try to provide some more specific advice.

Who should consider the Capital One Venture X, who should consider the Chase Sapphire Reserve, and is there a happy medium approach to take?

Who should get the Capital One Venture X?

I think the Capital One Venture X might just be the easiest to justify premium credit card ever. Not even factoring in the massive welcome bonus:

  • The card has a $395 annual fee, but offers a $300 annual travel credit and 10,000 anniversary bonus miles, so in the long run those two perks should more or less cover the annual fee
  • You’re then getting a card that offers a Priority Pass membership and Capital One Lounge access, not just for the primary cardmember, but also for four authorized users
  • Then you also have a card that has an unbeatable return on everyday spending, plus offers valuable purchase protection, ranging from rental car coverage, to cell phone protection, to travel coverage

I don’t think there’s a premium credit card out there that’s easier to justify.

The Venture X is the best card for Priority Pass

Who should get the Chase Sapphire Reserve?

The Chase Sapphire Reserve continues to be a well rounded card. For those who spend a lot on dining and travel, being able to earn 3x Ultimate Rewards points on purchases is great. Furthermore, if you like booking travel through a portal, redeeming points for 1.5 cents each towards those purchases is also a good opportunity.

I think the main reason to consider the Chase Sapphire Reserve is if you want to build a portfolio of Chase credit cards. That’s where Chase really shines.

I love Chase points for the World of Hyatt points transfer option

A solid hybrid strategy I’d recommend

If you can’t decide between the Capital One Venture X and Chase Sapphire Reserve, I think there’s an exciting other option you can consider. We recently saw some major changes to the $95 annual fee Chase Sapphire Preferred® Card (review), which made the card much more competitive. I know many Sapphire Reserve cardmembers had considered downgrading the Sapphire Reserve to the Sapphire Preferred, but still wanted a card with lounge access.

Personally I think the combination of the Venture X and the Sapphire Preferred is hard to beat:

  • You’ll pay a total of $490 in annual fees between the two cards, which is lower than the annual fee of just the Sapphire Reserve
  • You’ll receive a $300 annual travel credit, plus 10,000 bonus Venture miles on your anniversary every year, which should offset all of the Venture X annual fee
  • This gives you the best of both worlds — a Priority Pass membership and Capital One Lounge access for you and four authorized users, great travel protection, 3x points on dining and 2x points on everyday spending, access to both card ecosystems, rental car status, and so much more

Bottom line

The Chase Sapphire Reserve has been the most popular premium travel credit card for a long time, though the new Capital One Venture X is going to be quite a competitor. While there’s never a one-size-fits-all answer as to which card is best, I do think the Venture X is very competitive with the Sapphire Reserve, and will be a better option for many.

The Venture X annual fee is much easier to justify, given that it’s lower, and there are more annual credits and miles that help offset the fee. On top of that, the Venture X is better for authorized users, as you can earn add four at no cost, and they get most of the same great perks, including lounge access.

I think there’s an argument to be made here for the combination of the Venture X and Sapphire Preferred, as that really gives you the best of both worlds.

Where do OMAAT readers stand — do you prefer the Venture X or Sapphire Reserve? Or do you think it can make sense to have both?

Conversations (66)
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  1. Paul Guest

    I received my Venture X card this past week with a hefty (for me) $20,000 limit. I am delighted that the $300 travel credit has already shown up in my account.
    Be wary though of Capital One Travel which you have to use for the max bonuses. We just booked two Premium Economy tickets on Singapore Airlines which is one of 11 airlines working with Cap One Travel. I couldn't book it online since...

    I received my Venture X card this past week with a hefty (for me) $20,000 limit. I am delighted that the $300 travel credit has already shown up in my account.
    Be wary though of Capital One Travel which you have to use for the max bonuses. We just booked two Premium Economy tickets on Singapore Airlines which is one of 11 airlines working with Cap One Travel. I couldn't book it online since it only showed economy fares. I then called the C1T agent and they said they don't show Premium fares for Singapore Airlines. Seems kind of crazy when its a partner. So I didn't get a 5% bonus, only 2%.
    The day after that i needed a hotel near Yosemite. It showed nothing available when every other booking site showed multiple hotels as available. So no 10x rebate, only 2x.
    They have serious bugs to work out and it aint pretty right now.

  2. Jim Guest

    Do you think that Chase is going to offer a Newer Card sometime soon perhaps one that requires monthly payoff? I am watching to see how Chase reacts to this move by Capital One as the Sapphire Reserve is Old and while it may only cost $250 a year after the $300 credit, the card needs a refresh. Capital one will wind up costing you Nothing while you still will pay $250 with the CSR. Chase are you listening??

  3. Diane A Bucka Guest

    Much of the value of each depends on use of their respective travel portals. I've had bad experiences - and know many others have too - with the Chase Ultimate Rewards travel portal. (It's Expedia, in the process of being converted.) What's the story on the Capital One portal??

  4. Bob Guest

    I don’t follow how you value both cards points the same at 1.7 cents. The Capital One gives you 1 cent per point and the Chase 1.5 cent per point. How then can they have the same value?

  5. Mishas Guest

    Venture X looks like a great card, the two niggles being lack of bonus categories and unusually high spend requirement for the signing bonus.

  6. Paul Jacobs Guest

    CSR provides primary car insurance - important perk for the rental section.

    1. dbKerr Guest

      So does Venture X. They are both Visa Infinite cards from where the primary car insurance is redeemed.

  7. Sundar Guest

    Venture X is a no brainer keeper card. Just spend $300 on cap 1 travel portal and be done with it every year. No need to put any other spend on it year after year. CSR, I was mainly keeping for lounge access. With venture X, I can get it for free. So, time to downgrade to CSP and still keep the earn rate the same. The only thing I will miss is the ability to redeem the points for 1.5 cents but anyways, you will get more value from transfer partners.

  8. Jeff Guest

    Can an authorized User, at a later date open a new card for themselves and still receive the bonus.

    1. Ben Schlappig OMAAT

      @ Jeff -- Yep, they sure can.

  9. Chris Guest

    I look at the travel partners. Being in the U.S. the big domestic airlines that I fly are on Chase, where if I traveled abroad a lot, then the X might be for me. But I am also heavily vested in the Chase echosphere.

  10. Rafa Guest

    Another great point about CSR is their security algorithms. My CSR card authorization never gets questioned with my messy travel patterns. One day I may use it in Europe two days later in Asia and week later in Africa and week later in US. Other cards frequently get alert and require confirmation of identity. CSR gets me through flawlessly.

  11. O.K. Guest

    You can create a mini portfolio with Capital One as well. Capital One Savor cards have useful bonused categories, and the cash back can be transferred to the Venture cards as points. It may not be as large a card portfolio as Chase, but I bet most people don't want to keep track of more than three credit cards on a daily basis anyway.

  12. Endre Guest

    That the C1 card wins most of your categories during your numerous C1 promotional posts over the past week is surely pure coincidence and totally unbiased. The things we do for money…

    1. Ben Schlappig OMAAT

      @ Endre -- Do you disagree with any of the points I'm making, or you just want to make baseless claims?

  13. JeffP Guest

    Not sure if anyone has mentioned this…we just got the VentureX and are hoping to add a Savor Cap1 card 3X on groceries, and 4X on dining, streaming, entertainment…cash back can be turned into miles. Not a bad combo. I like this combo better than a Citi setup personally. I will still have my Amex and Chase trifecta too.

  14. Chbartel Guest

    I don't understand capital one. Both my wife and I got declined for the venture x. Both of us have 800 + credit scores and no credit card debt. Most of our current cards have us with at least 20k to 40k limits. Chase likes me so much I have 47k, 33k, and 40k limits on my business ink cards. Another 80k of limits on personal chase cards. No new personal cards in a year....

    I don't understand capital one. Both my wife and I got declined for the venture x. Both of us have 800 + credit scores and no credit card debt. Most of our current cards have us with at least 20k to 40k limits. Chase likes me so much I have 47k, 33k, and 40k limits on my business ink cards. Another 80k of limits on personal chase cards. No new personal cards in a year. We both have 2 capital one cards we have had for 8 years but don't run much spend through them. Maybe that is the reason we were declined..

  15. Edward Guest

    please explain 'booking thru the portal.' I go to the airline sites and pick the schedule and price. Am I supposed to call a Venture agent ? If so, will the price increase ?

    1. Ben Schlappig OMAAT

      @ Edward -- You'd need to book through the Capital One Travel portal, which is a website you'll find in your account. Generally you'll find that flights have identical pricing to what you'll see elsewhere.

  16. James S Guest

    Curious that you dont break out travel protection/insurance. When Citi gutted that on the Prestige, its when I cancelled.

    Also, 10k spend is a much heavier lift than you make it out to be for the promo points.

    1. Ben Schlappig OMAAT

      @ James S -- I'll have a post about the travel protection soon, stay tuned!

  17. Jake Guest

    I would add that Venture X + the no fee SavorOne card make a good combo. 3x dining , 3x grocery and 2x everywhere. Even P2 could have the SavorOne and transfer the points to the Venture X.

    1. Mike Guest

      This was the biggest miss of the review to me.

      The Savor One is a better add on card than either the CFU or CFF. Maybe not better than both, but its definitely not the wipeout Ben stated it was.

    2. Adam L New Member

      But the SavorOne card doesn't earn the same Venture Points so there's really no utility in pooling there...

    3. Jake Guest

      It can pool to a venture card and be used for transfer partners.

    4. Adam L New Member

      That's super interesting. Definitely gives a Cap1 a leg up for those who are interested in staying with the Cap1 ecosystem, but in general, 3-4x points on dining can be found elsewhere and missing a travel bonus is definitely less than ideal.

  18. Jerry Gold

    When the CSR came out, it was truly innovative and we were all really excited. Yes this card is a good deal, and the lounge at DFW is a nice perk, but overall, it seems like pretty much a copy of the CSR for maybe a slightly lower price point.

    I have a lot more faith in Chase from a customer service standpoint than I do for CapOne, and to me, that makes the CSR...

    When the CSR came out, it was truly innovative and we were all really excited. Yes this card is a good deal, and the lounge at DFW is a nice perk, but overall, it seems like pretty much a copy of the CSR for maybe a slightly lower price point.

    I have a lot more faith in Chase from a customer service standpoint than I do for CapOne, and to me, that makes the CSR more valuable. I'll probably snag this card at some point for the bonus, and maybe keep it if I really like the DFW lounge, but I don't imagine I'll ever put much spend on it.

  19. Ole Guest

    Everybody is promoting the card, but no one is talking about the overcrowding at Priority Pass lounges. It was already an issue, which will now just get worse.

  20. Adam L New Member

    I got the Venture X essentially for the sign-up bonus and the ability to recoup the annual fee in the first year. Already have the CSR and get a lot of value out of it.

    The biggest selling point for the CSR is the bonus spend on travel/dining with the 1.5-cent base redemption value. Chase dumping Expedia has made their travel portal infinitely better and given that I'm not brand loyal, I have no...

    I got the Venture X essentially for the sign-up bonus and the ability to recoup the annual fee in the first year. Already have the CSR and get a lot of value out of it.

    The biggest selling point for the CSR is the bonus spend on travel/dining with the 1.5-cent base redemption value. Chase dumping Expedia has made their travel portal infinitely better and given that I'm not brand loyal, I have no reason to book hotels direct with all other things (i.e. price/availability) being equal. Same goes for airlines especially when paying for routine domestic fares.

    What about other insurance besides car rental? In my cursory overview, the CSR still has superior coverage on things like trip interruption and cancellation.

    I have to believe that there will be major changes to the Cap1 card so I'm getting in while the getting is good. Which card I ultimately keep is going to be determined by what happens next year after the 100,000 point Cap1 bonus has been spent and what Chase chooses to do with the Reserve.

  21. DCS Diamond

    If one has the CSR/CFU combo, as I do, the Cap One VX card just gets in the way of accumulating more points at brisker pace, in that with the VX one would be earning points in yet another denomination and, at only 2x, not enough it be justified. I call it points currency dilution. Points that one earns with the VX would multiply faster if the same spend is used to earn UR points...

    If one has the CSR/CFU combo, as I do, the Cap One VX card just gets in the way of accumulating more points at brisker pace, in that with the VX one would be earning points in yet another denomination and, at only 2x, not enough it be justified. I call it points currency dilution. Points that one earns with the VX would multiply faster if the same spend is used to earn UR points with the CFU at 1.5x, which can then be combined with points earned at 3x on very broadly defined categories of travel and dining with the CSR.

    The CSR/CFU combo wins by a long mile...

    1. DCS Diamond

      "...not enough to be justified"

  22. Tina Guest

    What about their travel benefits, travel insurance, etc? I mainly keep the reserve for that reason. On another note, what happens if we cancel a card like the reserve but have an upcoming trip-it seems that if paid by using the reserve that the insurance etc would still be in play, but I suspect that is not the case…? Same with the Venture X ?

  23. WillM New Member

    I think it's more even; from a points generating perspective Chase may have a real advantage. You do get 10X using the UR portal (expedia) for hotel booking (and 5x on airfare, but not willing to use the portal). This racks up fast. Portal is obviously not ideal but if it's for boutique hotels in out of the way places, it adds up pretty quickly.

    And then all those points get transferred to Hyatt lol.

    1. Adam L New Member

      Chase dropped Expedia for their old vendor (which Chase turned around and purchased). The Chase portal is already vastly improved.

    2. LOA Gold

      Hotel bookings are still outsourced to Expedia though. On the payment page, there's a fine print about the Expedia doing the charge on your CC.

  24. Kacee Guest

    Hyatt. Chase wins right there.

    Got to hand it to Cap 1 for effective use of their marketing dollars though. They've certainly purchased lots of blog coverage.

    1. DCS Diamond

      Great point. Cap One appears to have gotten the type advocacy that, like many dubious claims that go on to achieve dogma status, will reverberate in the travel blogophere echo chamber until what I consider a meh or average card for the purpose of earning points is turned into one that less critical readers would move mountains to get...

    2. Khatl Gold

      I assume you're meaning just on the basis to accumulate points and redeem to Hyatt? While I love Hyatt, I find it hard to say I would keep the CSR just to redeem at Hyatt when I could be accumulating at a much lower annual cost (incl auth users) on C1X for flight redemptions, and instead using a CSP/Hyatt card combo to accumulate Hyatt points. I think the losers here are Amex, Citi and CSR....

      I assume you're meaning just on the basis to accumulate points and redeem to Hyatt? While I love Hyatt, I find it hard to say I would keep the CSR just to redeem at Hyatt when I could be accumulating at a much lower annual cost (incl auth users) on C1X for flight redemptions, and instead using a CSP/Hyatt card combo to accumulate Hyatt points. I think the losers here are Amex, Citi and CSR. And I think overall Chase loses for the average Joe who doesn't want / doesn't understand how to get the combinations of cards. Marketing and # of blog articles aside, C1X certainly has put a big stake in the ground. The real Q is whether C1 will stick with it or whether we'll see some dilution of benefits.

    3. DCS Diamond

      Redeeming hotel award stays in any program, including World of Hyatt, using a transferable points currency is such a waste of hard to earn points that it's close to heresy.

      Let me know why you may believe otherwise...

    4. Khatl Gold

      It has value if I'm accumulating Hyatt points at Hyatt hotels on a Hyatt credit card. Other than that, not much

    5. DCS Guest

      It has value if I'm accumulating Hyatt points at Hyatt hotels on a Hyatt credit card. Other than that, not much.

      Maybe you meant to say something else because I am not sure what you referred to by "It has value". If you are "accumulating Hyatt points at Hyatt hotels on a Hyatt credit card", then you are not earning points in a transferable currency, you are earning Hyatt points directly, which the way it...

      It has value if I'm accumulating Hyatt points at Hyatt hotels on a Hyatt credit card. Other than that, not much.

      Maybe you meant to say something else because I am not sure what you referred to by "It has value". If you are "accumulating Hyatt points at Hyatt hotels on a Hyatt credit card", then you are not earning points in a transferable currency, you are earning Hyatt points directly, which the way it should be done.

      Hotel points need to be earned by using co-branded hotel credit cards in situations where they earn what are usually large bonuses, and that is on each and every revenue stay (one earns 4x Hyatt points at Hyatt properties with the Chase World of Hyatt visa; whopping 14x with the AMEX HH Aspire at Hilton properties).

      Transferable points currencies are best reserved for purchasing expensive premium airline tickets, especially those for long-haul flights.

      In fact, redeeming Chase UR points for award stays at Hyatt properties hurts Hyatt's bottom line, in two respects:
      (1) The UR points would usually not have been earned in conjunction with revenue stays at Hyatt properties, so Hyatt would not have gained anything from those activities.
      (2) Using non-Hyatt points to redeem stays at Hyatt properties may interfere with the redemption of Hyatt points, which is desirable because that decreases the financial liability associated with awarded Hyatt points whose monetary value Hyatt cannot claim as revenue until after the points have been redeemed.

      An extreme case of this dynamic was seen with SPG, but oin the other direction, as the starpoint became more valuable for redeeming for free airline tickets than award stays, so much so that folks were earning starpoints on all kinds of extraneous activities that did not involve setting foot in Starwood hotels. Well, SPG is no more...

    6. Chris Guest

      Considering I transferred 250,000 points for a 10 day suite at Grand Hyatt Vail over Christmas break ($2k plus per night) it is Hyatt for me by a mile and for that matter CSR. Bonus on this card is worth the app

    7. DCS Guest

      A terrible redemption, actually.as you could have had the 5th award night FREE and saved a bundle if you had not drunk too much of the "Hyatt or bust" kool-aid.

      But YMMV, I guess...

    8. Sundar Guest

      Getting the best value for points doesn't actually make sense for most of the people. Not everyone needs or wants to do a long haul international travel. Even for those who do, even if economy costs 20,000 points and business class costs 40,000 pts, if you really want to stretch your points, you can get 2 economy tickets for the price of a single business class ticket. I agree that business class fares are sometimes...

      Getting the best value for points doesn't actually make sense for most of the people. Not everyone needs or wants to do a long haul international travel. Even for those who do, even if economy costs 20,000 points and business class costs 40,000 pts, if you really want to stretch your points, you can get 2 economy tickets for the price of a single business class ticket. I agree that business class fares are sometimes 5 times the price of economy fares. But it all depends on how you wish to see and use your points. For me, redeeming UR points for an expensive stay in Maldives is worth more than spending those UR points for just 6-8 hours of luxurious business class travel. I'm gonna spend 5 nights in a place compared to just a few hours. So to each their own.

  25. Steve Gold

    I think there is reason to own both. The chase trifecta is too good and i wont drop that. Only downside is the lack of lounge at big primary airports like DFW. I get $650 or whatever my platinum costs now in value just from lounge visits. Now with this capital one lounge and the signup this card makes more sense to replace the Platinum card not the saphire. I think the chase trifecta + the venture X is a solid combo.

  26. dko3tgk Guest

    I still like the CSR travel credit $300. The ease of use of just having any travel category spend automatically credited back. Don't forget it includes parking and tolls in some places. Rideshare like Uber & Lyft. And checked baggage fees.
    Capital One and the portal only usage for their travel credit means I may not use all of it unless I purchase an actual trip on the card.
    And let's not forget...

    I still like the CSR travel credit $300. The ease of use of just having any travel category spend automatically credited back. Don't forget it includes parking and tolls in some places. Rideshare like Uber & Lyft. And checked baggage fees.
    Capital One and the portal only usage for their travel credit means I may not use all of it unless I purchase an actual trip on the card.
    And let's not forget that portals are hardly ever the cheapest price.

    I think their transfer partners are fairly even. I do wish Chase brought back Korean Air or an equivalent. Neither has a premium Asian airline with easy booking of plentiful award seats. I flew Korean Business class 2-3x (on a A380 1x too) with Chase points back when Korean was still a partner.

  27. Sel, D. Guest

    Hyatt points being a chase partner is huge.

    Also Ben, I'd really like to drop my Amex Plat for the Cap1VX. The 5x on flights is huge for me. In regards to the Cap1 travel portal, could you please expand on "On the flight front, in the event of schedule changes or wanting to cancel, it can be easier to do so if you book direct, especially in an era where airlines largely allow...

    Hyatt points being a chase partner is huge.

    Also Ben, I'd really like to drop my Amex Plat for the Cap1VX. The 5x on flights is huge for me. In regards to the Cap1 travel portal, could you please expand on "On the flight front, in the event of schedule changes or wanting to cancel, it can be easier to do so if you book direct, especially in an era where airlines largely allow free ticket changes"

    A more detailed post on this would be much appreciated. Perhaps you could book a cheap AA flight on Cap1 and try to change/cancel the flight first-hand and report back?

  28. Anthony Diamond

    Let’s keep it simple

    1) As good as Venture X / Venture are, you still are only going to use it for unbonused spend. You need multipliers on dining, grocery, travel, other to really accumulate points quickly

    2) For travel portal or PYB focused customers, CSR can still pencil, especially when paired with a Freedom Unlimited

    3) But for the majority of customers, CSP has been a better option than CSR since the refreshes....

    Let’s keep it simple

    1) As good as Venture X / Venture are, you still are only going to use it for unbonused spend. You need multipliers on dining, grocery, travel, other to really accumulate points quickly

    2) For travel portal or PYB focused customers, CSR can still pencil, especially when paired with a Freedom Unlimited

    3) But for the majority of customers, CSP has been a better option than CSR since the refreshes. CSP gives you 3x dining, ability to transfer to Hyatt and United

    4) For CapOne to really take it to the next level, add an exclusive high value transfer partner

    1. Ben Schlappig OMAAT

      @ Anthony -- Good analysis. Regarding your fourth point, that's an interesting one. The funny thing is that the only thing (in my opinion) giving Chase Ultimate Rewards any sort of an edge on transfer partners is World of Hyatt. If you took World of Hyatt out, I'd say Capital One's transfer partners are actually better. That does make me start to brainstorm about what partner Capital One could add to get that edge. I...

      @ Anthony -- Good analysis. Regarding your fourth point, that's an interesting one. The funny thing is that the only thing (in my opinion) giving Chase Ultimate Rewards any sort of an edge on transfer partners is World of Hyatt. If you took World of Hyatt out, I'd say Capital One's transfer partners are actually better. That does make me start to brainstorm about what partner Capital One could add to get that edge. I doubt Alaska Mileage Plan is open to it, so what other programs are there really? Hmmm...

    2. Anthony Diamond

      To me, Amex/Chase are still critical because of tight relationships high use, easy to understand US based partners (Delta, Hilton, Marriott, United, Hyatt, Southwest). Citi Thank You Points could get there if they actually added American, but I have de-emphasized TYP recently as I have a lot of American miles and have been focused on earning UR and MR (I’ve been burning hotel points recently).

      All of the partners are tied up, so not sure...

      To me, Amex/Chase are still critical because of tight relationships high use, easy to understand US based partners (Delta, Hilton, Marriott, United, Hyatt, Southwest). Citi Thank You Points could get there if they actually added American, but I have de-emphasized TYP recently as I have a lot of American miles and have been focused on earning UR and MR (I’ve been burning hotel points recently).

      All of the partners are tied up, so not sure who CapOne could add that could make their program attractive. They already lost JetBlue. What they could do is add a bonus categories that earn more than 2x on spend, which is conspicuously absent here.

    3. Andrew Guest

      Amex has ANA and consistent transfer bonuses. This alone puts them on top for me still.

    4. Mark Guest

      For the next six months, I’ll be sacrificing the extra point or two from other cards, and even paying fees to put some utilities and other bills on Venture X. For me at least, $10K in charges over 6 months is a bit of a stretch, and it’ll be worth some $10 fees to earn the $1000 in points.

    5. Sundar Guest

      Best way to meet the spend req is to pay tax using the card.

  29. David Guest

    1) Do all authorized users get TSA/global entry on the venture?
    2) You left out chase lounges which are arriving soon.

    1. Ben Schlappig OMAAT

      @ David -- The Global Entry and TSA Pre-Check credit is one per primary cardmember, so authorized users don't get an additional one. And I'll add a note to the post about Chase Lounges, but the reality is that there's not much concrete about them yet, and we also don't know what access requirements will look like. So all we can do is speculate as of now.

  30. Jan Guest

    Card vs card I think Venture X wins:

    2x on all > 3x travel 3x dining 1x everything else
    All other benefits similar at 155 less AF, plies 10k anniversary bonus

    CSR wins if you have a trifecta with you (CFF/CFU), for me especially because of CFU’s 1.5x on all + x1.5 redemption on Chase travel portal.

    I also think I can use Chase’s travel partners easier than Cap1’s.

    Either way, both are...

    Card vs card I think Venture X wins:

    2x on all > 3x travel 3x dining 1x everything else
    All other benefits similar at 155 less AF, plies 10k anniversary bonus

    CSR wins if you have a trifecta with you (CFF/CFU), for me especially because of CFU’s 1.5x on all + x1.5 redemption on Chase travel portal.

    I also think I can use Chase’s travel partners easier than Cap1’s.

    Either way, both are extremely good; I will have both and I think they can coexist. They are both superior to that other premium card which is a coupon book for overpriced brands.

    1. Steve Gold

      Standalone the VX is better than the CSR. If you have the trifecta which you should otherwise it defeats the purpose of the CSR than its better than the VX.

      Id like to see a writeup comparison on the VX vs the Platinum. Im not dropping my chase trifecta but id like to drop Platinum as im finally getting fatigued about all these frindge benefits that are rather worthless to me now. I pretty much...

      Standalone the VX is better than the CSR. If you have the trifecta which you should otherwise it defeats the purpose of the CSR than its better than the VX.

      Id like to see a writeup comparison on the VX vs the Platinum. Im not dropping my chase trifecta but id like to drop Platinum as im finally getting fatigued about all these frindge benefits that are rather worthless to me now. I pretty much only keep platinum for my local centurion lounge but my airport has a capital one lounge so probably a great time to drop the platinum or call them and see if they offer a big retention offer.

  31. Santastico Guest

    Did Capital One buy OMAAT? Just wondering since the blog became a Capital One Advertising Agency.

    1. Ben Schlappig OMAAT

      @ Santastico -- No, Capital One didn't but OMAAT, and I have no quota of posts I have to write (just to get out ahead of that as well). Rather I'm a) writing about the most interesting card launch we've seen in five years and b) answering a question several readers have asked (just go back and look at the comments from previous posts).

      I totally understand this content won't interest everyone. That's fine, I...

      @ Santastico -- No, Capital One didn't but OMAAT, and I have no quota of posts I have to write (just to get out ahead of that as well). Rather I'm a) writing about the most interesting card launch we've seen in five years and b) answering a question several readers have asked (just go back and look at the comments from previous posts).

      I totally understand this content won't interest everyone. That's fine, I swear. This card launched three days ago, and it has been a slow news week otherwise, so I'm trying to provide as much useful info about this card as possible, while I have the time.

    2. Bob Guest

      Props to you Ben, you handle the negativity much better than I would. That last part you mentioned with the CSP+Venture X is a great idea. CSR is definitely not worth $550 in its current state

    3. Brodie Guest

      I appreciate all the Capital One post and the level of detail provided. It is the biggest thing since the CSR rollout and as far as I'm concerned has changed the premium segment for the better. Amex Plat with its $695 fee literally went in the wrong direction. People that leverage the blog and then whine when the content provides no use for them are a special sort of ..........

    4. Jan Guest

      It’s the biggest credit card since CSR in 2016, and it deserves the hype. I am hoping we are back to normal here next week but I like to see the breakdown of Venture X

    5. Ben Schlappig OMAAT

      @ Jan -- Thanks. And yep, of course things will be back to normal shortly. I'm trying to cover all the major details of the card, and that's the extent of it. There are only a few more topics to cover.

    6. Steve Gold

      Please dont listen to the trolls. Anyone with half a brain can understand why their is a ton of capital one content this week. Most readers especially every day readers just want more content, more reviews and if we think something is overkill we simply dont read it but i think i speak for most people in that i would rather have more articles that i choose not to read than a lack of updates or things to click and read.

    7. Andrew Guest

      @Ben

      Agree completely. Don't let the trolls get you down. Sad I didn't get approved, but it's all appropriate content. At least you're not blocking comments like some blogs...

    8. LarryInNYC New Member

      Just rented!

Featured Comments Most helpful comments ( as chosen by the OMAAT community ).

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

James S Guest

Curious that you dont break out travel protection/insurance. When Citi gutted that on the Prestige, its when I cancelled. Also, 10k spend is a much heavier lift than you make it out to be for the promo points.

3
Anthony Diamond

Let’s keep it simple 1) As good as Venture X / Venture are, you still are only going to use it for unbonused spend. You need multipliers on dining, grocery, travel, other to really accumulate points quickly 2) For travel portal or PYB focused customers, CSR can still pencil, especially when paired with a Freedom Unlimited 3) But for the majority of customers, CSP has been a better option than CSR since the refreshes. CSP gives you 3x dining, ability to transfer to Hyatt and United 4) For CapOne to really take it to the next level, add an exclusive high value transfer partner

2
Jan Guest

It’s the biggest credit card since CSR in 2016, and it deserves the hype. I am hoping we are back to normal here next week but I like to see the breakdown of Venture X

2
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