Capital One's
Venture cards work the same way, with a feature it calls a «Purchase Eraser.»
Not exact matches
Instead of focusing on one or two categories, the Capital One ®
Venture ® Rewards Credit
Card gives 2x miles on all purchases, which effectively
works out to a 2 % rewards rate on all purchases.
Credit
card have long been used by businesses to help with the purchase of day to day supplies, with 80 percent of owners indicating they use credit
cards to provide
working capital for their business
ventures.
Although it's billed as a mileage
card,
Venture really
works more like a cash reward
card.
The Capital One
Venture Rewards program
works in much the same way as traditional cash - back credit
cards.
Cards that
work in a similar way include the Capital One
Venture Rewards
card ($ 59 annual fee, waived first year), which offers 20,000 miles (a $ 200 value) if you spend $ 2,000 in the first three months; and the BankAmericard Travel Rewards
card (no annual fee), which offers 10,000 points (a $ 100 value) if you spend $ 500 in the first 90 days.
Unlike Chase, Citi, and Amex
cards, where you earn points that are transferred to frequent flyer or hotel rewards programs, the Capital One
Venture works a lot differently.