capital one venture and chase sapphire

All You Need To Know About Capital One Venture And Chase Sapphire

Meaning of these cards

  • Chase sapphire:

capital one venture and chase sapphire

Source : i1.wp.com

It is the travel credit card and it provides the person the bonus point on the dollars spent on the travelling as well as dining in the restaurant. The bonus provided by the company is 2 points per dollar spent on travelling and dining.

  • Capital one:

capital one venture and chase sapphire

Source : capitalone.com

It is also one type of the travelling card which provides the bonus of the 2 miles for every $1 spent by the card and each of these miles is valued at $0.01 when redeemed for the travelling. The capital one card is named as the no.1 card by the CNBC in 2018.

Also Read : Difference Between Credit Card And Debit Card : Dissimilarities Decoded

Offers on signing up for these cards

capital one venture and chase sapphire

Source : magicfest.co.uk

  • Chase sapphire: If a person spends $4,000 in the span of 3 months after the card is activated then the bonus point awarded to the card holder will be 50,000 points, if the person wants to redeem it through chase ultimate rewards then the worth of these points can be calculated to be $625. The person can redeem also them as cash back, gift cards or to travel.
  • Capital one: The capital one also provides the same kind of the bonus, they provide 50,000 bonus miles if the card holder spends $3000 on the purchases within the 3 months of the activating the card. The estimated worth of these will be of $500.

So these are the benefits of both the card for spending in the initial stage of the card holding.

Chargeability of Annual fees

capital one venture and chase sapphire

Source : wealth-counselors.com

Both the companies charge the same amount of the fees on the basis of per annum. The annual fee which is charged by the companies is $95 per annum and for the first year the fee is $0.

Annual percentage rate (APR) of the cards

capital one venture and chase sapphire

Source : i2.wp.com

  • Chase sapphire: The Annual percentage rate (APR) at which the card is provided varies from the 17.99% – 24.99%, it will be based on the factors like credit score of the person and the loans which they have repaid till the date. So if the better credit score is achieved then the person will get benefit.

 

  • Capital one: The Annual percentage rate (APR) at which the card is provided is from 13.74% – 25.74%, also this rates are variable and will be dependent on the credit score of the person. So it is better to keep your credit score good.

Other services provided by the card holder companies

capital one venture and chase sapphire

Source : softweb.co.in

Chase sapphire:

  • Trip cancellation and interruption insurance
  • Auto rental collision damage waiver
  • Travel and emergency assistance services
  • Purchase protection
  • Extended warranty

Capital one:

  • Travel accident insurance
  • 24- hour travel assistance services
  • Extended warranty
  • Auto rental collision damage waiver
  • Transfer your miles

Chargeability of Foreign transaction fees

capital one venture and chase sapphire

Source : creditcards.com

Both the companies provide the travel credit cards so they have to provide the services and assistance in the same manner. The foreign transaction fees are nil for both the credit cards as it will lead the companies to less number of the consumers if they keep the fees.