[Update 5/15/12] The offer has expired.
[Original Post 3/7/12] Capital One Venture 100K offer is coming back, but this time it is very different from last year's. Last year in order to get 100K miles you just need to prove that you have at least 100K miles in your one single frequent flyer account. And they are for both personal and business cards. This year, you will get double miles on each dollar you spent in 2011 using one single personal travel credit card from other competitors, up to 100K miles. You need to show that you spent $50K last year on a card such as Amex SPG to get the 100K offer from signing up a new Capital One Venture. If you spent $20K you will only get 40K miles from Capital One. They only take Year End Summary as the proof of spending. You also need to spend $1,000 on your new Venture card to qualify. The last thing is that Capital One is only giving away a total one billion miles so act fast if you are interested.
Even though the offer was not as good as last year's in general, some people may still be able to make full use of it. For daily spending Capital One Venture gets you 2 miles per dollar spent. Please note that even though Capital One markets their rewards as "miles", they are nowhere like the miles from frequent flyer programs - thinking them as 1 cent a piece will be appropriate.
The landing page is here.
[Original Post 3/7/12] Capital One Venture 100K offer is coming back, but this time it is very different from last year's. Last year in order to get 100K miles you just need to prove that you have at least 100K miles in your one single frequent flyer account. And they are for both personal and business cards. This year, you will get double miles on each dollar you spent in 2011 using one single personal travel credit card from other competitors, up to 100K miles. You need to show that you spent $50K last year on a card such as Amex SPG to get the 100K offer from signing up a new Capital One Venture. If you spent $20K you will only get 40K miles from Capital One. They only take Year End Summary as the proof of spending. You also need to spend $1,000 on your new Venture card to qualify. The last thing is that Capital One is only giving away a total one billion miles so act fast if you are interested.
Even though the offer was not as good as last year's in general, some people may still be able to make full use of it. For daily spending Capital One Venture gets you 2 miles per dollar spent. Please note that even though Capital One markets their rewards as "miles", they are nowhere like the miles from frequent flyer programs - thinking them as 1 cent a piece will be appropriate.
The landing page is here.
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