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Re: Capital One Card Question
[Re: sail2wind]
#59011
06/19/2015 09:49 PM
06/19/2015 09:49 PM
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Joined: May 2008
Posts: 705 Lake Texoma, Texas
cruzer
Traveler
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Traveler
Joined: May 2008
Posts: 705
Lake Texoma, Texas
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sail2wind said:JimCandD said: We have a Venture card with no annual fee but we get 1.25 miles for each dollar. When I talked to the person at Capital One they said if I wanted I could upgrade to the other one that had 2 miles for each dollar spent, but it would have a $59 annual fee. Each person has to decide which is best for them. If my deteriorating math skills are correct, you would need to spend $2950 in a year to make up the annual fee. It'd be $7867 for breakeven, i.e. 59/(.02-.0125)
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