(Reposting 3/30/22 as the Virgin Red partner is now live)
A few bits of news out of Capital One today which we heard from our contact there:
- The Venture X signup bonus of 100,000 + $200 will be valid until March 14th. We don’t know what will be beyond that.
- In the coming weeks Virgin Red will be added as a new 1:1 miles transfer partner. Capital One is the first US credit card issuer to partner with Virgin Red, the new loyalty program for the Virgin family of brands. This move will bring the number of 1:1 transfer partners up to 16.
- Additionally, Capital One is launching 20% bonus promotions with AeroMexico (Club Premier), Avianca (LifeMiles) and Wyndham Hotels & Resorts (Wyndham Rewards). These promotions begin March 1 and will be available through March 31.
- Over the next few weeks, Capital One Travel will be rolling out the option to cancel a flight for any reason up to 24 hours before first scheduled departure. This option will have a small upfront fee and will get you back most of the ticket cost. Canceling only takes a few clicks, with no questions asked. We don’t have exact details on what the cost will be.
How much is the fee for option to cancel?
Awesome, seems like they’re serious about providing new features and benefits in the high end travel-cc space. Looking forward to it.
Wonder if this means Capital One Travel has some bulk/contract rates with participating airlines, and as such flights booked with this feature wont be published fares?
The flight ticket cancellation looks like a killer feature provided the fee won’t be too high.
10x points for hotels is ridiculously underrated. Didn’t realize how insane the earning potential was until I got it.
yeah its pretty insane given that thats either 10% cashback or effectively between 10 and 20% back if you transfer for a decent rate instead.
It’s a little less insane when you realize their rates are higher than booking direct majority of the time.
Capital one adding value!! Noice!
love this venture x card.
Good moves by Cap One