Money card wrote:CC I love my capitol1 venture card, you are 1milion times correct the card is a travel card used by sales men, vice presidents, etc.
But what I'm wondering is why doesn't capitol1 have a hotel or airlines card?
But from what you said capitol1 has for travel, the Venture card and no airlines or hotels. Just curious do you know why?
I think two things:
1) As Doing Homework noted: there really aren't any airlines or hotels left to team up with Capital One. Chase has Hyatt, Ritz Carlton, Priority Club, Marriot, Southwest Airlines, Continental, United and even Amtrak. Citibank has American Airlines and Hillton Honors; BofA has Alaska Airlines, US Bank has some small airlines to Mexico and Asian countries and Barclays has a TON of airline/hotel cards. So there really are none left for Capital One to issue.
2) Capital One is still seen as subprime, so a lot of partners (airlines, hotels etc) might not want to team up with them. A lot of travel cards are geared towards more affluent, credit worthy individuals.
Overall though, I think Capital One is on to something. Rather than have a US Airways card that only works for US Airways or a Hilton card that works at Hilton etc, you earn double points on everything, low annual fee and in the end you can have your account credited for your redeemed points even if you fly Delta and stay at a Ritz Carlton. Plus there is the added benefit of no foriegn transaction fee.