Tag Archives for capital one.
The consumer regulatory agency wants consumers not to have to pay attention, though it’s not clear that what Capital One did was illegal, in fact it’s almost obligatory. In most contexts, consumers do have to pay attention to get the best deal, and their counterparties are not fiduciaries on their behalf.
This appears to be new language. The card has covered unlimited guests in the past. I’ve reached out to Capital One for clarification about whether this is a hard limit that’s already gone into effect, or just a change in marketing language.
I had the opportunity to test the Capital One Landing at Washington’s Reagan National airport again, and this time under ‘real world’ conditions over the past week.
I am always skeptical that execution of food will be as good when the executives aren’t there, and under pressure to turn out dishes at the type of volume necessary for a full house of travelers.
Capital One is offering up to 56,000 miles for signing up with Yieldstreet via Capital One Offers. The real value here is you need to open an account, but it doesn’t look like you need to fund the account or invest.
At the beginning of the year there was consternation over the ‘end date’ for Hertz benefits for Capital One’s suite of Venture cards. The Venture X card in particular offers Hertz Presidents Club status, while the Venture offers Five Star.
Capital One currently has lounges at Washington Dulles, Dallas – Fort Worth, and Denver. They are due to open dining-focused spaces at Washington’s National airport and New York’s LaGuardia. And they’ve just announced a new lounge for New York JFK terminal 4.
With plenty of time, I went straight to the D terminal which has the best lounges. My first stop was the American Express Centurion lounge across from gate D12. I saw a line to get in.
The Washington Metropolitan Airports Authority is saying both will open in the second quarter of this year.
Marriott has their booking platform for short-term rental stays. They rebate part of the commission they’re generating in the form of points and elite credit. Hyatt is getting into this game as well.
Capital One now has an interesting play in the space. You can already redeem Capital One Venture and Venture X (and equivalent business card) points to pay for short-term rental stays (such as Airbnb). But they’ve got their own STR ‘collections’ now that come with enhanced earning and benefits.
Josh Hawley calls it “destructive corporate consolidation at its starkest” and says it will “create a new juggernaut in the credit card market, with unprecedented powers to extort American consumers.” Unprecedented? American Express operates closed loop payments (card issuer and payments network) today, and Chase issues nearly as many cards as this combined business would.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
