| | Friends don’t let friends earn only 1x points | | by Brian Kelly | |  | I share my points and miles strategy quite a bit, and one of my favorite tips is: Do not earn only 1 mile per dollar on everyday spending. To avoid this, I make sure I have a card that earns 2 miles on everything for when I need to spend money on something outside of my other cards’ bonus categories.
If you’re looking to do the same, the timing could not be better.
The Capital One Venture Rewards Credit Card just brought back for a limited time its best welcome offer in years, worth up to $1,000 in travel. You can earn 75,000 bonus miles after spending $4,000 on purchases within the first three months of account opening. Plus, you'll receive a $250 Capital One Travel credit valid for your first cardholder year.
This is a great card no matter what your goals are – whether you’re newer to points and miles, you prefer a straightforward earning structure, or you use it as part of a wider earning strategy like me. It’s great because of the flexibility it offers to cover all sorts of travel with these miles.
For example, you can redeem these miles at 1 cent apiece against any travel charges you put on the card, or book flights or hotels through Capital One Travel with them, which gives you up to $1,000 of value from this welcome offer alone. (Not bad for a card that charges a modest $95 annual fee.)
But if, like me, you want to stretch the value of those miles even further, you can transfer those miles to any of the hotel or airline programs that partner with Capital One.
For example, you could transfer the miles to Air France-KLM Flying Blue and book bougie business-class seats from the U.S. to Europe starting at 60,000 miles plus taxes and fees each way. Or transfer to Virgin Atlantic Flying Club, where you can find lie-flat Upper Class seats to the U.K. for as little as 29,000 points plus taxes and fees each way.
This card could be a great addition to your points and miles-earning strategy, and the value of this offer is a no-brainer, so don’t miss out on this limited-time offer while it is up at the highest level we’ve seen in years.
Have a great weekend,
BK
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