It has been a total hassle for me. I was instantly approved, then it went downhill from there. I submitted my mileage statement with 140,000 miles on it. I got the email and they said they will match 840 miles. They read the number of miles earned on the statement and not the balance. I called and they agreed there was a mistake and would fix it and call me back. I get no call back.

A month later, my spend is complete and the miles post. Only 840 miles post. I call again and they agree of the mistake and have to send it in for adjustment, again. It will take a week. I ask if they are sending it to the same department they sent it to before. They say yes. I tell them I have no confidence in that department. They put me on hold to confer with a supervisor. They say it must follow the process and they can not expedite, but give me 1,000 miles for my troubles. Wow, a whole $10.

It has been 4 days since then, including a weekend, and still nothing. In another 3 days I will call again.

My wife's process went smooth.

Hi Rick,

Reg cap one miles. They seem to be honoring more than the 1 billion btw. I have a friend who had not yet had his "your points are reserved" email and CAP ONE said when he called they were honoring all who submitted in. So be nice and work with them if you have yet to get all your points (I am all done and plan to go on a Royal Caribbean boat this year and next as well!)

And yes it had become my #2 card after my DELTA AMEX RESERVE card. After air & mqm's, this is the best deal for a non-amex card for me.

Hi rick

I have read every post on mile point and Flyertalk on Capital One. It seems most people are real happy with how everything went. I had no problems.

I agree with Mike1625. Looks like you just book your airline tickets, with whomever you would normally buy your airline tickets with. Just be sure to pay with the Capital one card. Then you go on their website and ask for a Credit.
I plan on using the card for places that don't take AMEX.
Hope this helps.
Wayne

Reg Cap One Venture. You do not need to pay the bill to redeem their points for the travel. I met the spending reqs and have been awarded 112,xxx points. The tix I needed to buy were about 1,200 which would require 120,000 points. I was short about 7,800 pts (equiv of $3,900 to spend). I was not ready to spend that much. After talking to C1 CSR I did the following:
- bought tix for $1,200 (that gave me 2,400 pts)
- transferred about 5,400 from my wife's acct (free and instant).
- once the tix transaction posted, requested the credit for it using pts.

All happened in the one and first billing cycle. Pretty damn easy and convenient. However, I still feel USBank's FlexPerks Visa is a better value for travel perks.

=DVK

P.S.: Rick – love your blog! You saved me tons of money! Keep it going this way!

It was very simple to redeem. Couple of pointers:
(1) It does not display all flight options. Continental had a longer connection (same price) but only the shorter one was listed in Cap1.
(2) I blocked a PREMIUM ECONOMY seat on a United flight making a Continental round trip reservation. It worked and we flew back with 5 inches of extra space for free.

Do I have to use my capitol one card to get the credit or can I use any other card? Also any ideas on mint purchases with Capitol One?

Love it – worked for me for 2 Delta flights and for cruise as well! And we're set with Delta to earn the miles for the flights. Simply charging the travel expense and getting reimbursed is super-nice, esp. with $4,400 to play with. Have also been redeeming for Target/Amazon gift cards at the same redemption rate!

Hi Rick,

CAP1 posted my 100k immediately; I was wondering how you were able to get hotel vouchers from the site; i didn't see that option.

Also, unrelated question, don't know where else to put it:

LAst November, 2010, I signed up for the BoA Aeroplan VISA card for both myself and wife.

Incentive; get 15,000 miles after first use, and 10,000 more after spending $1000.

(I failed to take your advice and make a snapshot of the web page offer; link now dead)

Both approved, I spent my $1,000 quickly, and both awards posted.

My wife, who began using card on Dec 9, spent $686 by Jan 31, 2011, an went over $1,000 on Feb 11, 2011. She received the 15,000 mile sign up bonus, but not the 10,000 mile bonus.

BOA, after numerous emails and phone calls, after denying the 10,000 mi;e bonus even existed,finally admitted the 10,000 mile incentive existed, but claimed my wife had to have spent her $1,000 by January 31.

I failed to make a copy of the webpage offer, to prove or disprove BoA's claim, and I am sceptical of their claim; I believe the offer provided at least 3-4 months for the spend requirement.

But I cant prove it without the webpage, and the link I found is dead, as it appears BOA is not offering any incentives at all.

Do you have a snapshot of the link, or have other suggestions???

Thanks

Gary

I already got my 112k miles too! Super fast process. I am very pleased. Now to spend them

What did you spend $1447.00 on to get $900.00 in certs? That's a los of $500.00

@ C Clark… I did. Spent $1000 on hotel for club team and then used the 100,000 to pay it off. Then scored $120 in gift cards too.

Talking to folks who also got the Cap1 card, but completed the initial spend later than I, it seems like the bonus miles are taking longer to post. Someone to complete the initial spend 8 days ago just got the bonus miles today.

Hi Rick et al,

Has anybody purchased Amex gift cards to meet the Venture card spending requirement? I'm thinking about purchasing a $1k Amex gift card through Big Crumbs (1.6% cash back), but I wanted to be sure that the transaction will post as a reward-earning purchase rather than a cash advance. Can anyone offer insight?

Thanks!

I got the card and my points eventually showed up just fine. No problems. On 29-APR I got an email saying that my points were ready to use, just over 112,000 points. I browsed thru the rewards and saw the $900 Hyatt credit for just over 52,000 points. Talked to the wife and went back on 3-May to redeem for two of the Hyatt certificates and darn if the "price" had gone up to 64,000 points. Now you can't get two without further spends.