Limited Time Offer: Capital One Venture Double Miles Challenge 2012: Earn 100,000 Miles - NerdWallet
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Limited Time Offer: Capital One Venture Double Miles Challenge 2012: Earn 100,000 Miles

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Don’t delay—take the Capital One® Venture® Rewards Credit Card Double Miles Challenge 2012 and earn 100,000 bonus miles before time runs out! This is a VERY limited opportunity to earn a quick $1,000 in travel rewards. Capital One is only giving away 1 billion miles and enforcing a strict May 1st deadline. Last year, the miles ran out well before the stated deadline, so take action quickly!

Update March 30th, 2012: The Double Miles Challenge is over, however, the Capital One® Venture® Rewards Credit Card is still an amazing card – check out the details here!

How to get 100,000 bonus miles

Step one is to open a new Capital One® Venture® Rewards Credit Card account. Sorry  vets—the Double Miles Challenge is only open to new signers. Additionally, you’ll only be able to participate if you held a major travel credit card in 2011. If you meet both requirements, you’re eligible for the fattest signing bonus known to man.

The Capital One® Venture® Rewards Credit Card is awarding double points on purchases made with competitor travel cards in 2011. You simply provide a year-end summary for your current travel rewards card, and Capital One awards 2 miles per dollar spent. For example, if you charged $35,000 on your Chase Sapphire Preferred® last year, Capital One will give you 70,000 No Hassle Miles. The maximum exchange is $50,000 charged for 100,000 bonus miles.

The only other stipulation is you must spend $1,000 within the first 3 months of signing. That’s pretty standard of any signing bonus, though generally you’ll have to spend more for bigger bonuses.

How much are 100,000 miles worth?

No Hassle Miles maintain a fairly typical redemption value at a penny per mile, meaning a 100,000 sum is equivalent to $1,000 in travel rewards. Even if you only charged $25,000 last year, you can still obtain a $625 bonus. No Hassle Miles can be redeemed for cruises, vacation packages, flights on any airline, stays in any hotel and car rentals at any service without restrictions or blackout dates. Miles are unlimited and won’t expire for the life of your account.

But is the Capital One® Venture® Rewards Credit Card worth it?

ABSOLUTELY. For one thing, it’s inexpensive to carry over the long haul. Its annual fee is: $0 intro for first year; $59 after that. The Capital One® Venture® Rewards Credit Card accumulates rewards at a flat 2 miles per dollar spent on all purchases, which is the experience the Double Miles Challenge aims to emulate. And like any topnotch travel card, the Capital One® Venture® Rewards Credit Card charges no foreign transaction fee, saving 3% on every out-of-country purchase.

Already got the Capital One® Venture® Rewards Credit Card? Here’s another awesome signing bonus

The Chase Sapphire Preferred® offers the most comparable signing bonus: Earn 50,000 bonus points when you spend $4,000 on purchases in the first 3 months from account opening. Because points are worth 25% more when booking travel through Chase, the bonus is worth $625 in rewards. While dwarfed by the Capital One® Venture® Rewards Credit Card’s potential 100k bonus, the Chase Sapphire Preferred®’s offer is nothing to sneeze at. We can’t promise it will be there forever, but it has been around awhile and continues raging strong.

The Chase Sapphire Preferred®’s ongoing rewards accumulate at 2 points per dollar spent on travel and 1 point per dollar spent everywhere else. It charges an Introductory Annual Fee of $0 the first year, then $95.  It does not charge a foreign transaction fee.

Looking solely at signing bonuses, the Capital One® Venture® Rewards Credit Card offers the better value if you charged more than $31,250 on your travel card last year. If you charged less, the Chase Sapphire Preferred®’s bonus is worth more. Of course, if you plan on sticking with your new chosen card, you’ll also want to weigh ongoing rewards and annual fees. Generally, the Capital One® Venture® Rewards Credit Card tends to yield higher rewards at a lower cost.

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  • Danny

    Wow. This is the single worst article I’ve ever seen on Nerd Wallet. This is a HORRIBLE offer. How many of your readers spent $50,000 on a single travel-related personal credit card last year? And to make it seem like this is really limited time is disingenuous at best. The offer will end when they run out of miles. Given that last year they matched any existing miles balance (much easier to achieve than $50,000 in credit card spend) they ran out quickly. I doubt that will happen again.

    Plus they pull your credit report from all 3 bureaus which is a bigger inquiry hit on your credit than other companies.

    • markn23

      I don’t think you fully understand the deal, Danny. They are matching any amount of spend, UP TO $50,000 in the year. So it’s almost the same deal as last year – the only difference is it’s card-specific rather than mileage-specific.

      And it’s limited because the offer ends on May 1st, regardless of whether they run out of miles.

      I’m just pissed that I already have the Venture card, because I did spend $50,000 last year on my Starwood card.

  • Danny

    Wow. This is the single worst article I’ve ever seen on Nerd Wallet. This is a HORRIBLE offer. How many of your readers spent $50,000 on a single travel-related personal credit card last year? And to make it seem like this is really limited time is disingenuous at best. The offer will end when they run out of miles. Given that last year they matched any existing miles balance (much easier to achieve than $50,000 in credit card spend) they ran out quickly. I doubt that will happen again.

    Plus they pull your credit report from all 3 bureaus which is a bigger inquiry hit on your credit than other companies.

    • markn23

      I don’t think you fully understand the deal, Danny. They are matching any amount of spend, UP TO $50,000 in the year. So it’s almost the same deal as last year – the only difference is it’s card-specific rather than mileage-specific.

      And it’s limited because the offer ends on May 1st, regardless of whether they run out of miles.

      I’m just pissed that I already have the Venture card, because I did spend $50,000 last year on my Starwood card.

  • Jim L

    I got 85,000 miles last Feb off the similar “Venture Match My Miles” challenge off your site, thanks! I’d totally sign up for it again, but I already have the card :(

  • Jim L

    I got 85,000 miles last Feb off the similar “Venture Match My Miles” challenge off your site, thanks! I’d totally sign up for it again, but I already have the card :(

  • Cliff Huxtible

    awesome offer, fingers crossed! did this work for anyone last year?

    • http://www.facebook.com/profile.php?id=205295 Tim Chen

      I got my mile match as soon as I activated my card last year.

      I had signed up for the American Airlines 75,000 mile deal earlier in 2010, and Capital One matched both the signup bonus and the additional spending on the card. Unfortunately, on this offer you have to actually have spent $50,000 on a travel card in 2011 to get the full 100,000 points, but sign up bonuses aside, this is an even better deal than last year’s.

      It’s essentially allowing you to double dip on travel points you earned in 2011, via card purchases!

  • Cliff Huxtible

    awesome offer, fingers crossed! did this work for anyone last year?

    • Tim

      I got my mile match as soon as I activated my card last year.

      I had signed up for the American Airlines 75,000 mile deal earlier in 2010, and Capital One matched both the signup bonus and the additional spending on the card. Unfortunately, on this offer you have to actually have spent $50,000 on a travel card in 2011 to get the full 100,000 points, but sign up bonuses aside, this is an even better deal than last year’s.

      It’s essentially allowing you to double dip on travel points you earned in 2011, via card purchases!

  • Laramie Jin

    Does a cash back card count? The website says that “Travel rewards cards include all credit cards that earn rewards that can be redeemed for travel purchases (flights, hotels, rental cars, etc.).” The rewards from a cash back card CAN be redeemed for travel, or they could be redeemed for gumballs. Just askin’…

    • http://www.nerdwallet.com/ NerdWallet

      Hi Laramie,
      I spoke with a Capital One agent, and he says that your rewards count as long as you redeem them for travel. So for example, I have the Chase Freedom, a cash back credit card that technically pays out in Ultimate Rewards Points, which you can redeem for cash back.

      If I got cash back with my points and then used the cash to buy a plane ticket, I’m out of luck. However, if I’d used those points to book travel through Chase’s Ultimate Rewards booking tool, those DO count towards the Double Miles Challenge.

      • Laramie Jin

        Thanks, that’s helpful, if a bummer. I too have a Chase Freedom card, but redeemed all my rewards in cash last year. But I still signed up, as the 2% reward looks like the best around. I will still use the Chase Freedom for the rotating 5% cash back offers, though.

        • http://www.nerdwallet.com/ NerdWallet

          Yeah, it’s unfortunate, but it seems that cash back cards won’t qualify

          • Laramie Jin

            Update, with good news: Capital One accepted my Chase Freedom 2011 purchases, even though all rewards were cash back. And they’re crediting my 100,000 miles as soon as I spend $1000!

          • http://www.nerdwallet.com/ NerdWallet

            Laramie, that’s awesome! That’s a really big development…has anyone else had the same experience?

          • Micah008

            They accepted by BP Visa card, which is also a cash back card.

  • Laramie Jin

    Does a cash back card count? The website says that “Travel rewards cards include all credit cards that earn rewards that can be redeemed for travel purchases (flights, hotels, rental cars, etc.).” The rewards from a cash back card CAN be redeemed for travel, or they could be redeemed for gumballs. Just askin’…

    • http://www.nerdwallet.com/ NerdWallet

      Hi Laramie,
      I spoke with a Capital One agent, and he says that your rewards count as long as you redeem them for travel. So for example, I have the Chase Freedom, a cash back credit card that technically pays out in Ultimate Rewards Points, which you can redeem for cash back.

      If I got cash back with my points and then used the cash to buy a plane ticket, I’m out of luck. However, if I’d used those points to book travel through Chase’s Ultimate Rewards booking tool, those DO count towards the Double Miles Challenge.

      • Laramie Jin

        Thanks, that’s helpful, if a bummer. I too have a Chase Freedom card, but redeemed all my rewards in cash last year. But I still signed up, as the 2% reward looks like the best around. I will still use the Chase Freedom for the rotating 5% cash back offers, though.

        • http://www.nerdwallet.com/ NerdWallet

          Yeah, it’s unfortunate, but it seems that cash back cards won’t qualify

          • Laramie Jin

            Update, with good news: Capital One accepted my Chase Freedom 2011 purchases, even though all rewards were cash back. And they’re crediting my 100,000 miles as soon as I spend $1000!

          • http://www.nerdwallet.com/ NerdWallet

            Laramie, that’s awesome! That’s a really big development…has anyone else had the same experience?

  • Allen Shim

    What if I have the no annual fee.venture card? Am I still eligible?

    • Allen Shim

      Just to clarify, meaning can I apply for tje annual fee veraion of same card and be eligible for ththe promo?

      • http://www.nerdwallet.com/ NerdWallet

        Unfortunately, Capital One cards are ineligible.

        • Allen Shim

          Let me try again. I earned the miles on my spg amex last year. But I signed up for the venture card already but the no annual fee version. I should be able to sign up for this version it are the two cards considered the same?

          • http://www.nerdwallet.com/ NerdWallet

            Ah, in that case, yes! You’re eligible for the Double Miles Challenge.

  • Allen Shim

    What if I have the no annual fee.venture card? Am I still eligible?

    • Allen Shim

      Just to clarify, meaning can I apply for tje annual fee veraion of same card and be eligible for ththe promo?

      • http://www.nerdwallet.com/ NerdWallet

        Unfortunately, Capital One cards are ineligible.

        • Allen Shim

          Let me try again. I earned the miles on my spg amex last year. But I signed up for the venture card already but the no annual fee version. I should be able to sign up for this version it are the two cards considered the same?

          • http://www.nerdwallet.com/ NerdWallet

            Ah, in that case, yes! You’re eligible for the Double Miles Challenge.

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  • Raj

    I have British airways chase and South west rapids rewards cards. The year end statements of these 2 cards do not show the cumulative rewards accumulated at the end of 2011. The total reward points can be only accessed after logging on to the respective airline website. Would Capital one accept the print out from the airline website as proof the miles collected? the printout does shows that the points are from Finance Card.

    • http://www.nerdwallet.com/ NerdWallet

      Hi Raj,
      It needs to be an official year-end summary, but you can ask your credit card company to give one to you and submit that to Capital One. Also keep in mind that you can only use one card for the promo, so pick the one with the most miles on it.

  • Raj

    I have British airways chase and South west rapids rewards cards. The year end statements of these 2 cards do not show the cumulative rewards accumulated at the end of 2011. The total reward points can be only accessed after logging on to the respective airline website. Would Capital one accept the print out from the airline website as proof the miles collected? the printout does shows that the points are from Finance Card.

    • http://www.nerdwallet.com/ NerdWallet

      Hi Raj,
      It needs to be an official year-end summary, but you can ask your credit card company to give one to you and submit that to Capital One. Also keep in mind that you can only use one card for the promo, so pick the one with the most miles on it.

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  • JM

    I did the deal last year and got the card. But then I cancelled the card as I prefer the chase no foriegn transaction fee card. Could I sign up again this year. I actually spent more than $50k on my Delta Amex last year. but i’m afraid they may not give me the bonus since I had the card for a while last year.

    • http://www.nerdwallet.com/ NerdWallet

      Unfortunately, I think you’re ineligible if you’re a previous Capital One cardholder.

  • JM

    I did the deal last year and got the card. But then I cancelled the card as I prefer the chase no foriegn transaction fee card. Could I sign up again this year. I actually spent more than $50k on my Delta Amex last year. but i’m afraid they may not give me the bonus since I had the card for a while last year.

    • http://www.nerdwallet.com/ NerdWallet

      Unfortunately, I think you’re ineligible if you’re a previous Capital One cardholder.

  • Micah008

    I just spent some time on the phone with Capital One, and was told that a cash back card DOES count for this promo. I still won’t trust it until I see the rewards in my account… but I think it is possible.

    I have the BP Visa card which they market as a travel card, that gives you rewards in cash.

    On the Capital One site it just says “Travel rewards cards include all credit cards that earn rewards that can be redeemed for travel purchases” which is vague… but after talking with them they said the rewards can be defines as “miles, points, cash, etc”. which means any reward card should count.

    No guarantee here, since we are getting conflicting reports. But, I will give it a shot.

    • http://www.nerdwallet.com/ NerdWallet

      Hi Micah,
      Please let us know how it goes! So far, customer service is 0/2 on allowing cash back, but I’ll try again and see what they say!

      • Micah008

        My submission was accepted today, and I will be getting the miles like they said. I had a BP Visa Cash Back card, and also the Chase year end summary didn’t have a total amount spent (only per category) and they accepted it anyway.

  • Micah008

    I just spent some time on the phone with Capital One, and was told that a cash back card DOES count for this promo. I still won’t trust it until I see the rewards in my account… but I think it is possible.

    I have the BP Visa card which they market as a travel card, that gives you rewards in cash.

    On the Capital One site it just says “Travel rewards cards include all credit cards that earn rewards that can be redeemed for travel purchases” which is vague… but after talking with them they said the rewards can be defines as “miles, points, cash, etc”. which means any reward card should count.

    No guarantee here, since we are getting conflicting reports. But, I will give it a shot.

    • http://www.nerdwallet.com/ NerdWallet

      Hi Micah,
      Please let us know how it goes! So far, customer service is 0/2 on allowing cash back, but I’ll try again and see what they say!

      • Micah008

        My submission was accepted today, and I will be getting the miles like they said. I had a BP Visa Cash Back card, and also the Chase year end summary didn’t have a total amount spent (only per category) and they accepted it anyway.

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  • Sean

    When I applied for the card a few days ago I did not see a place to submit my previous year’s travel card spending. Did I just miss it? I was approved, and received a letter in the mail today about my approval (but no card yet.) I called customer service and they couldn’t tell me when or how I submit my 2011 statement. Any ideas?

    • http://www.nerdwallet.com/ NerdWallet

      Once you are approved, you’ll get an email with further instructions. I believe you need to start the process within 7 days of receiving the letter, but they’ll have the details for you.

  • Sean

    When I applied for the card a few days ago I did not see a place to submit my previous year’s travel card spending. Did I just miss it? I was approved, and received a letter in the mail today about my approval (but no card yet.) I called customer service and they couldn’t tell me when or how I submit my 2011 statement. Any ideas?

    • http://www.nerdwallet.com/ NerdWallet

      Once you are approved, you’ll get an email with further instructions. I believe you need to start the process within 7 days of receiving the letter, but they’ll have the details for you.

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  • Tom

    I was told that I was eligible for the promotion even though I have the no-annual-fee Capital One Venture card. However, they won’t match the bonus I got for my travel just, just the dollars I spend. I did most of my spending using the Schwab cash-back card, so I guess I’m out of luck?
    Did they really match the bonuses last year?

    • http://www.nerdwallet.com/ NerdWallet

      Hey there:

      You can’t use Capital One miles to base your bonus on, but you are eligible to participate even if you have the no-fee Venture. So for example, if you have the VentureOne and the Starwood Amex, and you put $35k on the Amex last year, you’ll get 70k miles. But if you spent $50k on the VentureOne, you’re out of luck.

      They also don’t take cash back cards, unfortunately.

      And last year, they did match bonuses, but it looks like they’ve wised up this year and are only doubling spending, not rewards.

  • Tom

    I was told that I was eligible for the promotion even though I have the no-annual-fee Capital One Venture card. However, they won’t match the bonus I got for my travel just, just the dollars I spend. I did most of my spending using the Schwab cash-back card, so I guess I’m out of luck?
    Did they really match the bonuses last year?

    • http://www.nerdwallet.com/ NerdWallet

      Hey there:

      You can’t use Capital One miles to base your bonus on, but you are eligible to participate even if you have the no-fee Venture. So for example, if you have the VentureOne and the Starwood Amex, and you put $35k on the Amex last year, you’ll get 70k miles. But if you spent $50k on the VentureOne, you’re out of luck.

      They also don’t take cash back cards, unfortunately.

      And last year, they did match bonuses, but it looks like they’ve wised up this year and are only doubling spending, not rewards.

  • Ratandrea

    Can I combine travel credit cards? I have a few that I use and have accrued miles with.

    • Ratandrea

      I have Sapphire, Amex for Delta, and the United cards.

      • http://www.nerdwallet.com/ NerdWallet

        You can only use one card for the challenge, so pick the one that you’ve spent the most money on last year.

  • Ratandrea

    Can I combine travel credit cards? I have a few that I use and have accrued miles with.

    • Ratandrea

      I have Sapphire, Amex for Delta, and the United cards.

      • http://www.nerdwallet.com/ NerdWallet

        You can only use one card for the challenge, so pick the one that you’ve spent the most money on last year.

  • nam230

    “Already have a Capital One Platinum no hassle rewards” card. What can I get? Can I transfer my current points to this card if I get one? And do I get the bonus points?

    • http://www.nerdwallet.com/ NerdWallet

      You are still eligible if you already have a Capital One card, but you can’t use a CapOne card miles in the challenge.

  • nam230

    “Already have a Capital One Platinum no hassle rewards” card. What can I get? Can I transfer my current points to this card if I get one? And do I get the bonus points?

    • http://www.nerdwallet.com/ NerdWallet

      You are still eligible if you already have a Capital One card, but you can’t use a CapOne card miles in the challenge.

  • R3325

    is a citibusiness airline reward card (AA) ok to use?

    • http://www.nerdwallet.com/ NerdWallet

      Unfortunately, business credit cards aren’t eligible.

  • R3325

    is a citibusiness airline reward card (AA) ok to use?

    • http://www.nerdwallet.com/ NerdWallet

      Unfortunately, business credit cards aren’t eligible.

  • DB24

    Is the Miles by Discover Card considered a major travel credit card?

    • http://www.nerdwallet.com/ NerdWallet

      Yes it is!

  • DB24

    Is the Miles by Discover Card considered a major travel credit card?

    • http://www.nerdwallet.com/ NerdWallet

      Yes it is!

  • amexgld

    Does American Express Rewards Plus Gold cards qualify?

  • amexgld

    Does American Express Rewards Plus Gold cards qualify?

  • kb

    Would they match Amazon.com Visa card by Chase?

    • http://www.nerdwallet.com/ NerdWallet

      I would ask them specifically, their policy is that they want you to use a miles card, but a NerdWallet user found that they took the Chase Freedom’s spending.

  • kb

    Would they match Amazon.com Visa card by Chase?

    • http://www.nerdwallet.com/ NerdWallet

      I would ask them specifically, their policy is that they want you to use a miles card, but a NerdWallet user found that they took the Chase Freedom’s spending.

  • sma253

    The Venture Capital One Visa double your miles challenge is false advertising. They claim they will give you credit towards your previous cards miles you accumulated in 2011. I sent them my previous cards 2011 statement and should have had 58,000 miles given to me.

    I was rejected because my previous card was a no annual fee World MasterCard, also owned by Capital One but with completely different rules and a different acct#. Now I am stuck paying $59 per year when I previously had a no annual fee card giving me knowledge. Why don’t they state they won’t credit other Capital One programs in this double miles challenge? Alec Baldwin better change his script or he’ll be hearing from my Attorney General.

    • http://www.nerdwallet.com/ NerdWallet

      I’m sorry to hear that it didn’t work out for you, that’s really rough. Do you still have your other card open? Thankfully, the Venture waives the annual fee in the first year, so if it won’t impact your credit score too much, you can close the account without paying the fee. I hope it works out for you!

  • sma253

    The Venture Capital One Visa double your miles challenge is false advertising. They claim they will give you credit towards your previous cards miles you accumulated in 2011. I sent them my previous cards 2011 statement and should have had 58,000 miles given to me.

    I was rejected because my previous card was a no annual fee World MasterCard, also owned by Capital One but with completely different rules and a different acct#. Now I am stuck paying $59 per year when I previously had a no annual fee card giving me knowledge. Why don’t they state they won’t credit other Capital One programs in this double miles challenge? Alec Baldwin better change his script or he’ll be hearing from my Attorney General.

    • http://www.nerdwallet.com/ NerdWallet

      I’m sorry to hear that it didn’t work out for you, that’s really rough. Do you still have your other card open? Thankfully, the Venture waives the annual fee in the first year, so if it won’t impact your credit score too much, you can close the account without paying the fee. I hope it works out for you!

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  • bj

    1 week ago I received my Capital One Visa card and registered for the double miles challenge as instructed. I faxed to Capital One an expense report for 2011 from my other VISA credit card I earn travel points. My other VISA card does not provide an annual summary, they tell me I can only go online to my account and get an expense report for 2011. I called the other credit card company twice requesting an annual summary and got the same answer – they do not provide an annual summary, that I can print an annual expense report from online. Capital One Venture is denying awarding me the double miles even though my expense report shows categories for my expenditures and how much I paid in 2011. I even gave the Capital One customer service rep my other VISA credit card number for verification. Capital One tells me they do not accept expense reports, they only accept annual summaries. Also, they said the expense report does not have a VISA logo on it. Beware – these details are not stated in the qualifications needed for the double miles challenge. I believe this offer is misleading.

    • http://www.nerdwallet.com/ NerdWallet

      I’m sorry to hear you had such trouble with it – they did mention that they needed an annual statement, but have been really vague about what that actually means. It turns out they also don’t accept a collection of monthly statements – it has to be the entire year.

  • bj

    1 week ago I received my Capital One Visa card and registered for the double miles challenge as instructed. I faxed to Capital One an expense report for 2011 from my other VISA credit card I earn travel points. My other VISA card does not provide an annual summary, they tell me I can only go online to my account and get an expense report for 2011. I called the other credit card company twice requesting an annual summary and got the same answer – they do not provide an annual summary, that I can print an annual expense report from online. Capital One Venture is denying awarding me the double miles even though my expense report shows categories for my expenditures and how much I paid in 2011. I even gave the Capital One customer service rep my other VISA credit card number for verification. Capital One tells me they do not accept expense reports, they only accept annual summaries. Also, they said the expense report does not have a VISA logo on it. Beware – these details are not stated in the qualifications needed for the double miles challenge. I believe this offer is misleading.

    • http://www.nerdwallet.com/ NerdWallet

      I’m sorry to hear you had such trouble with it – they did mention that they needed an annual statement, but have been really vague about what that actually means. It turns out they also don’t accept a collection of monthly statements – it has to be the entire year.

  • http://www.nextpay.com/ accept credit cards online

    I’m going to go out on a limb and predict that this program will NOT run out of miles to give away like last year. I’d love to be in the board room when the ad exec’s try to put lipstick on this pig of a promotion. What will only make this funnier is if Capital One runs commercials like they did last year with this promo.

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  • dpcog04

    I just learned about this offer and I think it may be too late since it appeared as though this was only available through May 1st. Does anyone know has the double mile challenge been extended? I am interested and also wondered if this would include Visa and Mastercards where we have annual fees and obtain airline miles. Also, just for clarification, I would have to submit to Capital One the annual statement of expenses for an entire year in order to receive the promotion.

    Thanks for your help.

    • dpcog04

      Sorry, I didn’t check this site fully before asking this question. It looks like it’s already closed so no need to respond.

  • dpcog04

    I just learned about this offer and I think it may be too late since it appeared as though this was only available through May 1st. Does anyone know has the double mile challenge been extended? I am interested and also wondered if this would include Visa and Mastercards where we have annual fees and obtain airline miles. Also, just for clarification, I would have to submit to Capital One the annual statement of expenses for an entire year in order to receive the promotion.

    Thanks for your help.

    • dpcog04

      Sorry, I didn’t check this site fully before asking this question. It looks like it’s already closed so no need to respond.

  • http://www.grow-connect.com/ Venture Capital Partners

    Wow . Kudos . Keep it up . :)

  • Ratingseeker

    I signed up for this offer. I’ve gotten a 10k mile new accout sign up bonus, but have yet to be credited for the ~26k miles I should recieve for the double miles challenge. I sent them what they asked for in the way of documentation within the timeframe they asked for it, spent $1k on the card, etc. I have made 3 calls to their customer support to try to get this resolved. Still waiting. Feels like the 2x miles challenge is a bait and switch offer; there are many little ‘fine print’ ways they have of getting out of crediting the miles.

    Frankly, I almost don’t care anymore. I signed up for a Chase Sapphire card at the same time. They credited me ~50k miles almost immediately and their customer support has been a breath of fresh air. If the intent of an introductary offer is to get a chance to show a new customer why you are better, then Chase wins easily and Capital One can pretty much suck it.

    Odd how this works out, as I signed up for the Chase card merely to get the miles and expected to cancel it almost immediately. Now, after customer support experiences with both companies, I am so much more impressed with Chase that I may very well cancel my Capital One business card accounts and move them to Chase as well. Regardless of whatever introductary offers are flying around at the time, if I ever have a problem to resolve with the business cards, I’d much prefer the experience I had with Chase than what I’ve gone through with Capital One.

  • Ratingseeker

    I signed up for this offer. I’ve gotten a 10k mile new accout sign up bonus, but have yet to be credited for the ~26k miles I should recieve for the double miles challenge. I sent them what they asked for in the way of documentation within the timeframe they asked for it, spent $1k on the card, etc. I have made 3 calls to their customer support to try to get this resolved. Still waiting. Feels like the 2x miles challenge is a bait and switch offer; there are many little ‘fine print’ ways they have of getting out of crediting the miles.

    Frankly, I almost don’t care anymore. I signed up for a Chase Sapphire card at the same time. They credited me ~50k miles almost immediately and their customer support has been a breath of fresh air. If the intent of an introductary offer is to get a chance to show a new customer why you are better, then Chase wins easily and Capital One can pretty much suck it.

    Odd how this works out, as I signed up for the Chase card merely to get the miles and expected to cancel it almost immediately. Now, after customer support experiences with both companies, I am so much more impressed with Chase that I may very well cancel my Capital One business card accounts and move them to Chase as well. Regardless of whatever introductary offers are flying around at the time, if I ever have a problem to resolve with the business cards, I’d much prefer the experience I had with Chase than what I’ve gone through with Capital One.

  • http://www.grow-connect.com/ Venture Capital Partners

    Awesome . Thanks for sharing such a helpful article . :)

  • Iamlonehawk

    Signed up for this capital one promo.
    Sent in an annual summary from my platinum Amex
    Had a small snafu with the name on card, called customer to explain.
    After 900 in purchase, received my 100k bonus miles.
    Best deal ever…

    • http://profile.yahoo.com/ON5CGGIM3LWVYFTHBF2DQ7QUBQ Doug

      How’d you do that? Isn’t the deal expired?

  • Iamlonehawk

    Signed up for this capital one promo.
    Sent in an annual summary from my platinum Amex
    Had a small snafu with the name on card, called customer to explain.
    After 900 in purchase, received my 100k bonus miles.
    Best deal ever…

    • http://profile.yahoo.com/ON5CGGIM3LWVYFTHBF2DQ7QUBQ Doug

      How’d you do that? Isn’t the deal expired?

  • http://www.grow-connect.com/ Venture Capital Partners

    Wow . Great . Keep going . :)

  • Micah008

    I just redeemed my bonus miles today, and learned something I was not aware of with this card. If you redeem your miles by calling them, ALMOST ANYTHING will count as Travel. When using their site it is limited to specific things (flights, hotels, rental cars, etc). But, when I called I was able to get full-value for my miles towards gas, restaurants, and even a massage.

    They are even more flexible in redeeming the miles than I expected. Loving this card so far!

  • Micah008

    I just redeemed my bonus miles today, and learned something I was not aware of with this card. If you redeem your miles by calling them, ALMOST ANYTHING will count as Travel. When using their site it is limited to specific things (flights, hotels, rental cars, etc). But, when I called I was able to get full-value for my miles towards gas, restaurants, and even a massage.

    They are even more flexible in redeeming the miles than I expected. Loving this card so far!

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  • Paul

    The Capital One Venture card is ranked #1 among the credit cards with air rewards, by many websites. Can somebody explain me why this is so obvious? Let’s say I fly to Europe once a year, in the summer: $1300 roundtrip. To cover this cost, with Capital One Venture card I need 130,000 miles, which is equivalent to 130/1.25= $104,000 in purchases. If I fly with US Airways, I can easily find a roundtrip ticket for 60,000 miles which, for the US Airways card, would be equivalent to $60,000 in purchases. In other words, I need to spend $44,000 more with Capital One to get the same ticket. What am I missing?

  • Paul

    The Capital One Venture card is ranked #1 among the credit cards with air rewards, by many websites. Can somebody explain me why this is so obvious? Let’s say I fly to Europe once a year, in the summer: $1300 roundtrip. To cover this cost, with Capital One Venture card I need 130,000 miles, which is equivalent to 130/1.25= $104,000 in purchases. If I fly with US Airways, I can easily find a roundtrip ticket for 60,000 miles which, for the US Airways card, would be equivalent to $60,000 in purchases. In other words, I need to spend $44,000 more with Capital One to get the same ticket. What am I missing?

  • Paul

    The Capital One Venture card is ranked #1 among the credit cards with air rewards, by many websites. Can somebody explain me why this is so obvious? Let’s say I fly to Europe once a year, in the summer: $1300 roundtrip. To cover this cost, with Capital One Venture card I need 130,000 miles, which is equivalent to 130/1.25= $104,000 in purchases. If I fly with US Airways, I can easily find a roundtrip ticket for 60,000 miles which, for the US Airways card, would be equivalent to $60,000 in purchases. In other words, I need to spend $44,000 more with Capital One to get the same ticket. What am I missing?

  • Paul

    The Capital One Venture card is ranked #1 among the credit cards with air rewards, by many websites. Can somebody explain me why this is so obvious? Let’s say I fly to Europe once a year, in the summer: $1300 roundtrip. To cover this cost, with Capital One Venture card I need 130,000 miles, which is equivalent to 130/1.25= $104,000 in purchases. If I fly with US Airways, I can easily find a roundtrip ticket for 60,000 miles which, for the US Airways card, would be equivalent to $60,000 in purchases. In other words, I need to spend $44,000 more with Capital One to get the same ticket. What am I missing?

  • ab

    Any chance this offer will show up this year? I have spent ~$60k in my chase sapphire preferred last year!

  • ab

    Any chance this offer will show up this year? I have spent ~$60k in my chase sapphire preferred last year!

  • ab

    Any chance this offer will show up this year? I have spent ~$60k in my chase sapphire preferred last year!

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