I spend on average about 8k a month on my Venture X card between me and my wife and it’s my only card. We now have 2 kids under 3 and have done very little traveling. I’m able to take advantage of the 300 credit but points are racking up to the point where I’m wondering if this card is the best for me. I got about 6 grand in points that have accumulated since becoming a dad. The bulk of the spend is on merchandise dining and groceries. We hope to start traveling in a few years. Is there a better card we should be using?
Posted by aaron1860
7 Comments
If you’ve already accumulated a lot of C1 points, have a VX already, and spend a ton on dining and groceries, I don’t think there could remotely be a better choice than the Savor.
If you aren’t traveling for a few years any points you earn are going to devalue before you even use them.
Get a good cash back card like Robinhood Gold or Fidelity Visa, then worry about points when you’re about a year out from actually traveling
Add the Capital One Savor card to your wallet. It has a $0 annual fee and earns an unlimited 3% back on dining and groceries. The real life hack is that you can transfer your Savor cash-back earnings directly into your Venture X account to pool them as miles. Just use the Savor for all food purchases and keep using your Venture X as a flat-rate catch-all for your merchandise spending. With two toddlers, you don’t have the bandwidth to track rotating categories across a massive portfolio of cards. Since you plan to travel when the kids are older, stick to this mathematically sound two-card setup and let your massive points stash compound for future family vacations.
Savor
Bilt if u have rent or mortgage
If most of your spend is groceries and dining, I would go with AmEx Gold with 4x on groceries and dining out.
Savor for entrainment/kids events at 3%, Wells Fargo for 2% everything, AAA for 5% groceries and 3% gas, and the I find 5% restaurants when I can. I only do cash back.