How should I use my BarclayArrival and Cap One Venture?

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PowerMan572
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How should I use my BarclayArrival and Cap One Venture?

Postby PowerMan572 » Thu Feb 27, 2014 3:24 am

OK, small dilemma. I was approved for the Arrival card ($1,200) and the Venture card ($5,000). I planned on putting my "unofficial" business purchases on the Arrival card. I was buying cell phones, fixing them etc. and then selling them on eBay. Then for all of my personal purchases like Target, dining, shopping, etc. was going to go on the Venture card.

The cell phone purchases are not happening anymore. So now I'm stuck with 2 awesome cards that give 2x the miles on all purchases. I'm torn on what card I should be using more? I don't want to go back and forth between the cards as it's going to slow down the miles I earn.

I definitely don't want to close a card since both will look good on my credit and they're both new. Should I just leave 1 card open and don't charge to it and put everyone on the other? Any tips or advice would be appreciated!


MemberSince99
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Postby MemberSince99 » Fri Feb 28, 2014 6:41 pm

I'm not seeing a reason to close either of them. Am I missing something? If there is an issue with one, you have the other one. Two cards generally give you a better score than one will. Diversifying your cards is a good idea. Two cards shouldn't be tough to handle. I'm not seeing a good reason to close either, but maybe I'm missing something here.

PowerMan572
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Postby PowerMan572 » Fri Feb 28, 2014 6:43 pm

I don't want to close one. It's just I don't know if I should go back and forth between purchases and spit them up on the two cards? If I do that, then it's going to take longer to build miles etc. I'm not sure if I should just use one over the other.

linuxmachine
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Postby linuxmachine » Fri Feb 28, 2014 7:11 pm

PowerMan572 wrote:I don't want to close one. It's just I don't know if I should go back and forth between purchases and spit them up on the two cards? If I do that, then it's going to take longer to build miles etc. I'm not sure if I should just use one over the other.


you get slightly better value off the arrival. use that until you max it out and then use the venture card. unless you plan on paying off the balance frequently in between statements, then just go with the arrival. they're both similar cards though...

MemberSince99
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Postby MemberSince99 » Fri Feb 28, 2014 7:23 pm

Which one would you prefer to use? You could just put a small monthly recurring charge on the one card and set up autopay on that bill and then mostly ignore it and concentrate on the other card.



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