It is a no-brainer to keep the Capital One Venture X card (see Keep vs. Cancel (Proactive Edition): Capital One Venture X). But what to do about the business version? Is it worth the $395 annual fee? Ultimately, I said no. Here’s why:
- $300 travel credit < $395
- 10k anniversary points: From a valuation stand point, the 10k is worth ore than the $95, the difference in the travel credit and the total of the annual fee. I have over 332k Capital One points that are sitting idle, that’s a sin in itself. Why do you I need more? I prefer to keep my cash.
- Business is Mastercard, and Personal is Visa: I use the personal card, a Visa, at Costco and everywhere that Amex is not taken.
- Phone protection: I use the personal card for this as well.
I called retention. They offered nothing. I cancelled. Anyone disagree?
TPOL’s Tip: Be sure to transfer your points from the business to the personal card.
If you had the MasterCard version of the business card, you had a priority pass membership that includes restaurants. The Cap one X Visa cards do not.
I would never keep a card for lounge access but I didn’t know that.