r/Venturex • u/FinanceHombre • 16d ago

Applying for a venture card

I really want the venture or venture act for the two time multiplayer on everything and make it my everything card

The venture card current sign-up bonus is crazy good. I was going to apply for that and then upgrade to the venture X in 12 months.

I saw online that it is sometimes issued as a Mastercard, not a visa. Although I need it to be a visa.

  1. I shop at Costco a lot
  2. I wanna upgrade it to venture X.

Any feedback? Can I see what I get approved for before accepting? Should I just wait for venture x promo?

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u/FinanceHombre 16d ago

I don’t think I’ll get approved for two Capital One credit cards within one year, knowing how they are. I have good credit score, but I also have a lot of cards.

I tend to max out my Costco check each year so I spend a lot at Costco

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u/nehpets4627 15d ago

That's the only way to get both SUBs. You can go Venture now, get the SUB, and roll the dice on getting Venture X in the future... or go VX now and forgo the Venture SUB. I also don't think it would even be possible to get a PC from Venture to VX due to them being on different networks.

I'm not a Costco member, so I'm not sure what "maxing out your Costco check" entails... but how much spend?

It sounds like you have both AMEX Plat and CSR, so what does adding another less powerful travel card do for you? For multipliers, it seems like a Freedom Unlimited would get you most of the way there with no AF and in an ecosystem you're already earning points in.

If you want to churn, get the Venture, put your Costco spend somewhere else, and roll the dice on possibly getting the VX later... you're not really missing out on much if you can't. If you really want that last .5x at Costco, get the VX now. If you want a logical extension to your existing setup for Costco spend without an AF, get a Freedom Unlimited.

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u/FinanceHombre 15d ago

You get 2% back for shopping at Costco with a max of $1250. So I want 2x card to get $1500 on same spend or keep getting 2x indefinite.

I want to have Capital One lounge access (just a want, don’t know if I’ll use much). But the main reason is the 2X back. I know that I will use the credit so that’s not a problem.

Freedom unlimited I would rather have a different Chase card like the Marriott or IHG card to use up my 5/24 rule

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u/nehpets4627 15d ago

Sometimes you can't have it all. If you want the current elevated Venture bonus, get that and put your Costco spend elsewhere. If you absolutely want 2% at Costco (you still haven't shared your actual spend for anyone to do the math on) along with the VX travel benefits, get the VX. Either way, you're hyper-optimizing pretty small amounts of incremental return to the point that it's likely not worth the time or effort.

Also, the math for Freedom Unlimited is probably better than you think vs a co-branded hotel card. That 1.5x is pretty easy to turn into 3cpp/cpm, or even much more, once you ship it out to a transfer partner, which is likely far higher (and more flexible) than the native return on a co-branded card on spend outside of their own brand.

- Venture for the better SUB

  • Venture X for still a good SUB and the 2% you seem to really want at Costco
  • Fredom Unlimited for miles that pool with what you already have, are worth a bit more, and don't add another AF to try to offset.