Author:
NERDBOT

Should you get the Lexus Pursuits? We'll give you our take on the perks and drawbacks of this card and tell you how it stacks up against the Capital One® Venture^℠ Rewards Credit Card. For a dynamic comparison of all our cards, check out our credit card tool.

NerdWallet Review: The Lexus Pursuits

No annual fee: The Lexus Pursuits has no annual fee. This means it's ideal for those who don't put much on their cards, and want to keep the card open for a long time. If you keep your credit cards open, you'll boost your average account age and thus your credit score.

Credit Card Showdown: Lexus Pursuits vs. Capital One® Venture^℠ Rewards Credit Card

Same late payment fee: The Lexus Pursuits and the Capital One® Venture^℠ Rewards Credit Card have the same late fee. Ideally, you shouldn't have late payment fees anyway. In addition to the late fee, you might get stuck with a big penalty APR that lasts six months or more.

Lower rewards rate: The Lexus Pursuits's base rewards rate is lower than its competitor's. If you can't find a card that neatly fits your spending profile (let's say, one that gives rewards on the shopping you do way too much of), a high base rate is key. Base rewards aren't everything, though, since many cards with bonus categories don't give great rates on other purchases.

Smaller signup bonus: The Lexus Pursuits has a smaller signup bonus than its competitor, so you leave some money on the table to begin with. Obviously that isn't the end of the story, though - you also have to consider annual fees, ongoing rewards, and so forth.

Read the full review of the Capital One® Venture^℠ Rewards Credit Card on our blog