Whether it’s Doublemint® Gum or Double Jeopardy® or double coupons, Americans have long had a love affair with doubles, and Capital One℠ is capitalizing on that love with its current “Double Miles Challenge.”
According to the Capital One website, until May 1st or until the company gives away one billion miles, consumers who open a new Capital One Venture Card can double last year’s miles when they provide a summary of 2011 dollars spent on a competing travel rewards card. The Double Miles Challenge is valid up to $50,000, making it possible for an individual to rack up 100,000 miles.
Travel rewards competing cards accepted for this offer include all major credit cards (American Express®, Discover®, MasterCard®, and Visa®). However, Capital One does have some exclusions; travel rewards on small business or corporate cards, debit cards, prepaid cards and the like are not eligible.
In order to complete eligibility for up to 100,000 bonus miles, new card holders must spend $1,000 within three months of opening their account.
What’s 100,000 Venture miles worth? That’s approximately $1,000 toward travel expenses, including planes, rental cars, and hotels, and Capital One guarantees there are no blackout dates when it comes to using your miles.
A deal like this is worth checking out. Ivan Daniel of DailyMarkets.com, as quoted in the Capital One press release, said, “This 100,000 miles giveaway is the biggest credit card signing bonus so far this year, so it is definitely a deal you don’t want to miss.”
Not only does the Venture Card have an unbelievable introductory offer with its Double Miles Challenge, when it comes to travel rewards cards, it’s recognized as one of the top cards available. This recognition has been bestowed by industry respected publications including MONEY® Magazine, BusinessInsider, NerdWallet and Cardratings.com, and it comes because of the easy to understand and easy to take advantage of policies of the card. It’s a card that’s worth using on everyday purchases.
With the Venture Card, consumers earn double mileage point on every purchase, every day. Points earned never expire, can be used for free flights on any airline, and are never subject to blackout dates. Additionally, when travel is purchased with the Venture card, whether it’s a flight, a rental car, or a hotel, consumers can easily redeem their travel miles before, during, or after the purchase by going online or making a phone call to Capital One. The cost of the purchase is refunded on the customer’s next billing statement.
If you’re shopping for a better deal than your current rewards miles credit card, then Capital One is looking for you! Be sure to sign up before May 1 to take advantage of the incredible Capital One’s Double Miles Challenge!
According to a press release on the Capital One℠ website, having proven outstanding customer service, Capital One’s Retail Banking, U.S. Credit Card, and Small Business Credit Card Centers have all recently been honored with J.D. Power and Associates® Call Center Certification.
In today’s competitive market, this recognition is a testament to the commitment Capital One has made to its customers. “Earning J.D. Power certification across our Bank and Card businesses is reflective of our intense focus on the customer experience and it is reaffirming to know that we are living up to the high standard set by J.D. Power,” said Katherine Busser, EVP of Capital One Bank Operations. “That we received all of these certifications within a short amount of time of one another demonstrates our commitment to ensuring the highest customer satisfaction and continuous improvement.”
Achieving JD Power and Associates Call Center Certification is a rigorous task that involves both customer feedback and detailed on-site evaluative visits. To receive the recognition, performance is measured against a national standard, and call centers must score high in 118 different categories. Evaluation covers such areas as concern for the customer, courtesy, knowledge, information provided, and time taken to resolve problems. Marks received must place the call center in the top 20 percent before being awarded certification.
Capital One’s certification is a distinguishing mark that indicates the call centers for Retail Banking, US Credit Cards, and Small Business Credit Cards consistently provide high levels of customer satisfaction, are professionally managed, and have effective, reliable processes.
“Capital One made a commitment several years ago to transform our customer experience, and these certifications are milestones that demonstrate our progress even as we continue to raise our game,” said Heather Cox, EVP of Capital One Card Operations. “Our customer satisfaction scores have been consistently rising across the board at Capital One, and our associates are working tirelessly to deliver exceptional service to our customers.”
In a recent press release, Capital One™ announced the acquisition of HSBC’s US credit card branch. Announcement of the $2.6 billion purchase, completion of which is anticipated in the second quarter of 2012, immediately caused over a 2% jump in Capital One stocks.
HSBC, which bills itself as “The world’s local bank,” is headquartered in London, UK, and is the second largest banking and financial services group in the world, according to Forbes. The transaction, once completed, will position Capital One among the leading credit card service providers in the nation. According to the press release, “The acquisition includes ongoing private label and co-branded partnerships as well as infrastructure and capabilities that significantly enhance Capital One’s partnership platform for future growth.”
With an eye toward the future, Capital One is projecting significant returns for investors, up to approximately 25 %, as early as 2013 and is anticipating an earn back period of only four years after the completion of the acquisition. In addition, the expansion of Capital One’s credit card franchise will enhance the long-term generation of capital for investors.
On HSBC’s part, the move signals confidence in Capital One’s experience and ability in the credit card business as the completion of the transaction is nearly a year away. In the meanwhile, HSBC is assuring current card holders that they need anticipate no immediate changes to the credit card programs already in place. HSBC has stated that all HSBC card holders should be able to use their credit cards like normal. Capital One has made similar assurances that there are no changes scheduled for the near future and cardholders should expect to use their credit cards like they always have.
Looking forward to a smooth transition that benefits all parties involved, including American consumers who take advantage of Capital One’s or HSBC’s credit card services, Capital One will be offering employment positions to all HSBC’s personnel currently working for the branches involved in the Capital One acquisition.
Capital One Chairman and CEO, Richard D. Fairbank, stated, “We are very excited to work with our new retail and co-branded partners, as well as the HSBC associates who are joining Capital One. Together, we look forward to providing exceptional value and service to our new customers.”
Looking for a way to earn mileage rewards faster? The Capital One Venture card may be just the ticket! Capital One has announced that when you are approved for a new Venture credit card it will match up to 100,000 miles you’ve already earned with another airline credit card rewards program.
The new program is called the “Venture Match My Miles Challenge,” and it’s for a limited time only.
The process to gain the matching miles is simple. Apply for the Capital One Venture Rewards credit card. When you are approved, go online to register. Submit a document proving your airline miles earned with your other airline rewards card. Spend $1000 during the first three months you have your Venture card, and Capital One will match your miles. Plus, you get to keep the miles you already earned with your other card.
In addition to matching already earned miles, Capital One is throwing in a one-time bonus of 10,000 miles for new account holders when they spend $1000 within 90 days of opening their account.
Too good to be true? It gets better! The Capital One Venture Reward card usually has a $59 annual fee, but when you apply for a Venture card during the “Venture Match My Miles Challenge,” the first year’s annual fee will be waived.
If you have excellent credit, the Venture card is an excellent idea. Venture Reward card holders will find that it’s both easy to earn mileage and easy to use reward points. With the Venture Card, for every dollar spent, you earn two miles. That’s double the normal reward earnings. Capital One has the consumer in mind because there is no limit to the mileage you can earn, the mileage points you earn never expire, and you never have to worry about blackout dates when you use your Venture Rewards mileage. Venture Rewards miles can be redeemed for flights, hotels, car rentals, merchandise, or cash.
Capital One Venture card offers the flexibility you desire, the control you need, and the rewards you deserve.
Don’t wait to take advantage of the matching miles offered by Capital One. The “Venture Match My Miles Challenge” only lasts until May 13 or until Capital One gives away one billion miles.
Now Capital One and Orbitz have more in common than just silly commercials. The two companies have partnered up to offer credit card holders the opportunity to earn incentives towards free flights, merchandise and cash rewards. The Capital One Orbitz credit cards let cardholders earn points on every purchase they make with additional points available on all eligible Orbitz.com travel, hotel and vacation purchases. Capital One has a credit card available for those with an excellent, good or average credit history. See below for details and to apply online.
Capital One® Orbitz® Visa® Signature
- Earn Rewards Fast with The Orbitz Visa® Card Powered By Capital One®
- There’s No Limit to the Points You Can Earn and Your Points Won®t Expire
- Earn More Than Other Travel Cards With 3 Times the Rewards on Eligible Orbitz.com Bookings
- Earn Points for Everyday Purchases
- Redeem for Travel, Cash Back, and Gift Cards
Capital One® Orbitz® Visa® Platinum – Good Credit
- Earn Rewards Fast with The Orbitz Visa® Card Powered By Capital One®
- There’s No Limit to the Points You Can Earn and Your Points Won’t Expire
- Earn Points For Everyday Purchases
- Redeem for Travel, Cash Back, and Gift Cards
Capital One® Orbitz® Visa® Platinum
- Earn Rewards Fast With The Orbitz Visa® Card Powered By Capital One®
- There’s No Limit to the Points You Can Earn and Your Points Won’t Expire
- Earn Points For Everyday Purchases
- Redeem for Travel, Cash Back, and Gift Cards
There is a Capital One Orbitz credit card for just about everyone. Earn points with no restrictions or limits on the amount you can earn. Get ready for more with Capital One and Orbitz.
