A comparison of two business credit cards, Chase Inc. Business Premier and Capital One Venture X for Business, discussing sign-up bonuses, benefits, and earning potential for flight redemptions. Strategies for maximizing cashback and points are highlighted.
Chase Inc. Business Premier offers higher cashback value than Venture X for Business despite lower annual fee.
Capital One Venture X requires more points for flights compared to Chase Inc. Business Premier, leading to faster point depletion.
Deep dives
Comparing Chase Inc. Business Premier and Venture X for Business Rewards
The Chase Inc. Business Premier offers a $1,000 cashback sign-up bonus after spending $10,000 in the first three months, with 2.5% cashback on larger purchases and 2% on other business purchases, having an annual fee of $195. On the other hand, the Venture X for Business has a steeper $30,000 minimum spend for a 150,000 miles sign-up bonus, with various perks like lounge access and $300 travel credit, costing $395 annually. Calculations show that the Chase Inc. Business Premier yields $4,000 cashback over a year compared to the Venture X's 390,000 points, valuing at $7,800.
Redemption Example: East Coast to Japan
For a flight from the East Coast to Japan using the Chase Inc. Business Premier, purchasing and redeeming Alaska miles for a business class flight costs $1,485, utilizing part of the earned cashback. In contrast, with the Capital One Venture X, needing to spend 117,000 points valued at $2,300 to fly business class from JFK to Haneda highlights the faster burning rate of points despite higher earnings.
Redemption Example: West Coast to South America
When flying from the West Coast to South America with the Chase Inc. Business Premier, buying Alaska miles for $935 and redeeming them for a LATAM flight saves on costs using earned cashback. However, the Capital One Venture X requires 75,000 points worth $1,500 to fly on Qantas, showing faster point depletion despite increased point acquisition speed.
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Comparing Chase Inc. Business Premier with Capital One Venture X for Business
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