This Card is Actually Underrated
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- čas přidán 15. 07. 2024
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Timestamps:
00:00 - Intro
01:16 - Comparing card features
04:39 - Redemption comparison [1]
08:57 - Redemption comparison [2]
11:19 - Redeeming for aspirational business class
16:23 - Final review
22:44 - Outro
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Great video always learn something new on this channel! Thank you !
yay!! thank you so much! I'm happy to hear you're finding the content valuable!
I really enjoyed this video. I imagine cash back isn’t talked about because most credit card creators focus on SUB chasing. Your example is based on getting 1 card and grinding out the year with it. I really appreciate you providing an alternative perspective.
The money for a lot of creators is definitely in selling more credit cards for SUB chasing. I definitely think that most people would be just fine maximizing 3-5 cards rather than churning 20.
Excellent - enjoy your content
thank you so much! Glad to hear you're enjoying it!
Always great content
thank you! glad you are enjoying the content and finding it valuable!
Julia, really enjoyed this video. As I was following your steps from airports I can get to easily, I struggled to get those same cash values. If you have some tips, would love to get your insight!👍
I can send some tips over. I usually just look at the cash values on Google Flights. Was there a particular route you were interested in? I'll see if I can recreate the cash value.
Great comparison. My friend bought Life Miles for first class on ANA for $1500. So this is a good showing of valuation of the cash back.
She got first class on ANA for $1500 worth of points?!?! That's an incredible deal!!
There are plenty of cards that can give you a flat 2% cash with no annual fee. The extra half a percent in exchange for a $195 Annual Fee doesn’t seem worth it unless you have the type of business that will do at least $40000 in purchases in those > $5k chunks (this is the amount that would just pay for the AF). The signup bonus is really the only thing that makes this card better than a Chase Freedom Unlimited, and it’s a big spend to hit that SUB.
Yeah, it's still a bad card because there's 2%+ business cards with no annual fee while this is $195.
The Robinhood Gold card is a new one that gets 3% everywhere (+5% back on travel), though I haven't tested that card out yet. It has no annual fee. I thought about doing the video comparing Robinhood vs. Capital One points, but didn't really want to pick a brand that I haven't tested out personally.
The Chase Freedom Unlimited and Chase Ink Business Unlimited each get 1.5% back everywhere.
Julia. Thanks for a very insightful video. I'd love to see a similar cash back vs transfer value comparison for international economy flights. Also, It would be interesting to see examples of how much cash back travelers are foregoing by travelling in premium cabins.
great suggestion! adding it to our list for future videos!
Am I misunderstanding in that if you find it on JetBlue for 70k, you can definitely find it on Qatar Avios for 70k? In that case, you can transfer Capital One points to British Airways, and then transfer the British Airways Avios to Qatar Avios, and book it through Qatar. It doesn't matter whether you can find it on British Airways or not. That was the whole point of your more recent Avios video, I thought.
That's a good point. I'd look at it this way... if it's available on both, how much would you value 70k Capital One points? Let's assume 2 cpp so $1400 (or if you value them at 3 cpp, the value would be $2100, etc). If you can buy 70k JetBlue points for less than $1400 (or however much you value your Capital One points), earning cashback to purchase the JB points could make more mathematical sense. If the purchase price of the points costs more than you would say the value of 70k Capital One points is worth, then transferring to Avios would be the way to go.
@@geobreezetravel Makes sense. Thanks!
You might want to compare 5% cash back and using it to buy points to $95 annual fee cards that transfer points out.
That's a great idea for a future video! Adding it to my list!
One other factor. If you have many cards earning different points currencies you can wait to use your Venture X points for the best redemption value. So that gives the points more "flexibility" simply because you don't HAVE to use them when the redemption value is low. You use some other currency in that case. So I still think the Business Premier is a losing proposition overall.
if you have many cards, that can definitely be true, depending on what's available!
however, if you have chase, amex, capital one, and Citi points, and the best option is with Alaska or AA miles, then unfortunately those transferrable currencies still wouldn't get you the best option for a redemption.
@@geobreezetravel Yes, in the examples you gave. But my point is there ARE cases where Venture X transfer partners ARE the best fit for your particular case. You don't have to use the card's transfer partners until it's a good time to use them.
Hmmm. Wonder how it would work if Alaska wasn’t running a sale at the time one might need to buy the ticket … . Also, is cash back taxed? (That would change the valuation.)
if Alaska isn't running a sale, then the cost benefit analysis process stays the same but the result of which way to go might change, depending on how expensive Alaska miles are that day.
Cash back isn't taxed since it's considered a rebate rather than income #notanaccountant
Since all the deals are with alaska airlines, just get alaska business card and call it a day? 2x alaska points on fuel and shipping purchases, which is the majority of businesses. If each alaska mile is worth $.02 that's $.04 back, and you avoid the risk of inventory disappearing before you can book. Plus you get priority boarding on alaska and 10% back if you have their business account along with their companion fare. Supplement with the free bilt card that transfers to alaska and has multipliers up to 3x normally and up o 6x on rent day.
Definitely not a bad idea! The only thing is in one of the examples it was better to purchase JetBlue points instead of Alaska miles.
Oh, my. Good Q
I always use Cap1 VX instead of Chase cards so wondering which one to use after this video🤔🤔
it would highly depend on what you're looking to redeem the points for.
I think if you found that Qatar flight on JetBlue for 70k, you'd find it on Avios for 70k, so the math doesn't work out there.
you're definitely right if it also shows up on British Airways, which is a transfer partner of Capital One.
if it only shows up on Qatar's website and JetBlue but not British Airways for 70k points (I've seen that happen a couple times), and you only had Capital One points, then the purchase points option would be the way to go since Qatar is a transfer partner with Citi and Amex but not Capital One.
@@geobreezetravel But you just had a video showing that British Airways Avios can transfer to Qatar. So can't I move my Capital One points to British Airways and then to Qatar?
@@jasonchow6209 if the Qatar availability is showing up on British Airway's website for 70k points, you can definitely do that with your Capital One points! But in case it's not available with British Airways but it is available with JetBlue, then purchasing the JetBlue points would be how you get around that.
@@geobreezetravel Maybe I'm misunderstanding. But I'm saying that if you can find the availability on JetBlue for 70k, you can definitely find it on Qatar Airways Avios for 70k. In that case, regardless of whether you see it on British Airways or not, you can transfer your Capital One points to British Airways and then move those Avios to Qatar and book it through Qatar. I thought that was the whole point of your other video. These videos seem contradictory.
U need a processional CZcams thumbnails designer and video SEO expert?
our current metrics say we're all set to go. thanks!