New Cap One Premier Dining Rewards card

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mountaindewvoltage
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Re: New Cap One Premier Dining Rewards card

Postby mountaindewvoltage » Mon May 01, 2017 11:13 am

CarefulBuilder14 wrote:
badger83 wrote:New Capital One card: https://www.capitalone.com/credit-cards ... g-rewards/

3% on dining, 2% groceries.

Anyone getting it?

Meh. Pretty unremarkable, even compared to their other cards.

Maybe it would work for a rebuilder with a lot of dining/grocery spend or something, but there are a number of better 3/2/1 category cards with bonuses better than $100 for $500 spend.

Or a person could app for a card with a better bonus (V, V1, maybe QS) and PC to Premier Dining.


$500 is a pretty low threshold to earn $100 free dollars.

The BankAmericard Cash Rewards has the same exact signup bonus, except the bonus categories are limited to $2,500 a quarter.

The AMEX Blue Cash everyday has a $100 bonus for $1,000 in spend. AMEX is also accepted at less places, and also the rewards system sucks compared to this card (Capital One has no hassle rewards), and the groceries bonus is limited to $6,000 a year.

Not to mention this card doesn't have foreign transaction fees, unlike either of those two, and it also has travel protection insurance.

I would say this card is better than either one of those two, not to mention this looks like it'll be a World Elite MasterCard rather than a Platinum MasterCard like the BoA card.


charged
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Re: New Cap One Premier Dining Rewards card

Postby charged » Wed May 24, 2017 10:37 pm

Maybe if I went out to eat every night I'd get it. The 2% back on groceries and 1% base rate is not enticing since BCE and Citi double both beat that.

They should just combine that card with quicksilver, so you get the 3% on dining and 1.5% back on everything else. Then I'd be interested. Capital One really does have the best reward redemption system though, and $100 for $500 is easy to reach.

mountaindewvoltage
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Re: New Cap One Premier Dining Rewards card

Postby mountaindewvoltage » Thu May 25, 2017 6:50 am

charged wrote:Maybe if I went out to eat every night I'd get it. The 2% back on groceries and 1% base rate is not enticing since BCE and Citi double both beat that.

They should just combine that card with quicksilver, so you get the 3% on dining and 1.5% back on everything else. Then I'd be interested. Capital One really does have the best reward redemption system though, and $100 for $500 is easy to reach.


And my Starwood Preferred Guest and USAA limitless beat both. No card is perfect.

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CarefulBuilder14
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Re: New Cap One Premier Dining Rewards card

Postby CarefulBuilder14 » Thu May 25, 2017 11:19 am

mountaindewvoltage wrote:
charged wrote:Maybe if I went out to eat every night I'd get it. The 2% back on groceries and 1% base rate is not enticing since BCE and Citi double both beat that.

They should just combine that card with quicksilver, so you get the 3% on dining and 1.5% back on everything else. Then I'd be interested. Capital One really does have the best reward redemption system though, and $100 for $500 is easy to reach.


And my Starwood Preferred Guest and USAA limitless beat both. No card is perfect.

If someone spends very heavily in any category, the best card generally involves an AF.
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card

mountaindewvoltage
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Re: New Cap One Premier Dining Rewards card

Postby mountaindewvoltage » Thu May 25, 2017 10:36 pm

CarefulBuilder14 wrote:
mountaindewvoltage wrote:
charged wrote:Maybe if I went out to eat every night I'd get it. The 2% back on groceries and 1% base rate is not enticing since BCE and Citi double both beat that.

They should just combine that card with quicksilver, so you get the 3% on dining and 1.5% back on everything else. Then I'd be interested. Capital One really does have the best reward redemption system though, and $100 for $500 is easy to reach.


And my Starwood Preferred Guest and USAA limitless beat both. No card is perfect.

If someone spends very heavily in any category, the best card generally involves an AF.


Most of the time. However, 2.5% cash back with no annual fee is pretty good for a general spend card. Most cards limit anything above 2% in category spend... Example, the DiscoverIt limits their 5% back categories to $6,000 a year. The AMEX Blue Cash Preferred and Everyday limits their grocery categories to $6,000 a year, and the Bank of America Cash rewards limit their bonus rewards to $2,500 a quarter.

The few exceptions are the Starwood Preferred guest, which requires some work (I found a hotel with points worth 3.4 cents a piece last night), but it has a $95 annual fee, but totally worth the cost -- and then there's the Alliant CU Visa Signature card which provides 3% back in the first year and 2.5% back after that.

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CarefulBuilder14
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Re: New Cap One Premier Dining Rewards card

Postby CarefulBuilder14 » Thu May 25, 2017 10:45 pm

mountaindewvoltage wrote:Most of the time. However, 2.5% cash back with no annual fee is pretty good for a general spend card. Most cards limit anything above 2% in category spend... Example, the DiscoverIt limits their 5% back categories to $6,000 a year. The AMEX Blue Cash Preferred and Everyday limits their grocery categories to $6,000 a year, and the Bank of America Cash rewards limit their bonus rewards to $2,500 a quarter.

The few exceptions are the Starwood Preferred guest, which requires some work (I found a hotel with points worth 3.4 cents a piece last night), but it has a $95 annual fee, but totally worth the cost -- and then there's the Alliant CU Visa Signature card which provides 3% back in the first year and 2.5% back after that.

Are you doing 30k/$3k? (25k+10k)/($3k+$2k)? Something else?
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card

mountaindewvoltage
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Re: New Cap One Premier Dining Rewards card

Postby mountaindewvoltage » Thu May 25, 2017 11:06 pm

CarefulBuilder14 wrote:
mountaindewvoltage wrote:Most of the time. However, 2.5% cash back with no annual fee is pretty good for a general spend card. Most cards limit anything above 2% in category spend... Example, the DiscoverIt limits their 5% back categories to $6,000 a year. The AMEX Blue Cash Preferred and Everyday limits their grocery categories to $6,000 a year, and the Bank of America Cash rewards limit their bonus rewards to $2,500 a quarter.

The few exceptions are the Starwood Preferred guest, which requires some work (I found a hotel with points worth 3.4 cents a piece last night), but it has a $95 annual fee, but totally worth the cost -- and then there's the Alliant CU Visa Signature card which provides 3% back in the first year and 2.5% back after that.

Are you doing 30k/$3k? (25k+10k)/($3k+$2k)? Something else?


Are you talking about the SPG card? It has a 25,000 bonus for $3k/3months + 5,000 more points if I transfer to an airline.

I would say even the Citi ThankYou Premier is better... It gives you 2.50% when redeemed for dining and entertainment, 3.75% on tolls, airline tickets, parking, gas, and other travel, and 1.25% on everything else. Currently 30,000 points for $3k/3months too.

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CarefulBuilder14
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Re: New Cap One Premier Dining Rewards card

Postby CarefulBuilder14 » Fri May 26, 2017 12:51 pm

mountaindewvoltage wrote:
CarefulBuilder14 wrote:Are you doing 30k/$3k? (25k+10k)/($3k+$2k)? Something else?


Are you talking about the SPG card? It has a 25,000 bonus for $3k/3months + 5,000 more points if I transfer to an airline.

I would say even the Citi ThankYou Premier is better... It gives you 2.50% when redeemed for dining and entertainment, 3.75% on tolls, airline tickets, parking, gas, and other travel, and 1.25% on everything else. Currently 30,000 points for $3k/3months too.

With Amex it's often best to ask around before you app. 35k/$5k (with three and six-month portions) ended in early April, but for at least parts of April and May there were 30k/$3k public offers available (at least through links and cookie-less browsing). The bonus for airline transfers is unrelated.
Warranties and sketchy merchants: Schwab Platinum
Price rewind: Costco
Travel insurance: Prestige, CSP
Perks: IHG, Hyatt
Rewards/Offers: Discover, Freedom, ED, BCE
Taxes/Misc: SPG

Limited value, might close: Arrival

Might add: First Tech, proper business card

aj023
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Re: New Cap One Premier Dining Rewards card

Postby aj023 » Mon May 29, 2017 5:01 pm

badger83 wrote:New Capital One card: https://www.capitalone.com/credit-cards ... g-rewards/

3% on dining, 2% groceries.

Anyone getting it?


I had a Capital One VentureOne and a Capital One Quicksilver. I never used the Quicksilver so I merged the account with my Venture to double the limit. I applied for the new dining card and was approved for the same doubled limit of my Venture. So by merging the accounts, they decided to give me the same line on the new one.

I previously used a fee free Chase Sapphire Visa signature for 2% dining and 1% everywhere else even tho it had 2% travel as well. My Barclays Arrival is my fee free travel card.

This card offers me World Mastercard Elite benefits, no foreign currency fees, 1% higher on dining and 1% higher on groceries. Comes out ahead of the Chase Sapphire no fee card which I use for Cashback.

There is also no min balance I believe to cash out rewards unlike my Chase as well.

I don't know why people are acting like Capital One is bad. In the old days they were not a prime issuer, but that has since changed and Capital One gets high marks on Credit Cards as per JD Power,

I had used a Capital One cash rewards card before it got turned into Quicksilver. It was printed on poor card stock and I requested a few card replacements. Other Capital One cards weren't affected apparently and the new Chip cards seem to have a better card quality.

mountaindewvoltage
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Re: New Cap One Premier Dining Rewards card

Postby mountaindewvoltage » Tue May 30, 2017 9:29 am

aj023 wrote:
badger83 wrote:New Capital One card: https://www.capitalone.com/credit-cards ... g-rewards/

3% on dining, 2% groceries.

Anyone getting it?


I had a Capital One VentureOne and a Capital One Quicksilver. I never used the Quicksilver so I merged the account with my Venture to double the limit. I applied for the new dining card and was approved for the same doubled limit of my Venture. So by merging the accounts, they decided to give me the same line on the new one.

I previously used a fee free Chase Sapphire Visa signature for 2% dining and 1% everywhere else even tho it had 2% travel as well. My Barclays Arrival is my fee free travel card.

This card offers me World Mastercard Elite benefits, no foreign currency fees, 1% higher on dining and 1% higher on groceries. Comes out ahead of the Chase Sapphire no fee card which I use for Cashback.

I like my Venture but I think Capital One SHOULD add .5% to their rewards structure on that card, effectively making it 2.5 "miles" per dollar spent. When you have cards like the Alliant Visa Signature 3% first year with no fee and then 2.5% after with $59 (same as Venture), or the USAA Limitless with 2.5% cash back with no annual fee, then Capital One should market this as more of a travel card with more value IMO.

Personally I wouldn't mind if the raised the fee to $99 and gave out a $50/year airline credit too.

There is also no min balance I believe to cash out rewards unlike my Chase as well.

I don't know why people are acting like Capital One is bad. In the old days they were not a prime issuer, but that has since changed and Capital One gets high marks on Credit Cards as per JD Power,

I had used a Capital One cash rewards card before it got turned into Quicksilver. It was printed on poor card stock and I requested a few card replacements. Other Capital One cards weren't affected apparently and the new Chip cards seem to have a better card quality.



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