I got the Venture x in December 2021. I also had the Spark Biz from Jan or Feb 2020 when there was an insane offer for a $50,000 spend over 6 months (we have an actual biz so able to make that spend). I have since closed that card in Jan 2022 after transferring 450,000 points to my Venture x card. I was going to be a hoarder and try for 1,000,000 points by applying for another big offer Cap one biz card, but decided to get a United biz and CIU instead. I finally redeemed my $300 travel credit on a NYC hotel suite at the Manhattan Club earlier this month. My sister joined my 25 yr old son and I for 1 night and she used her Venture x $300 credit as well. Then I decided to book a 3rd night and booked thru the Cap One site. I paid using my Venture x card to get 10x the points, then when the charge showed up on my app, I erased the charge thru the “cover travel purchase” under “redeem reward miles”. I decided to erase $868 in various travel charges (plane ticket, hotel, Megabus) for 86,000 points.
When I travel with my daughter and her family, we stay at Airbnb’s (book thru Airbnb app) which code as travel so easy to erase those charges as well.
The Cap one travel site is very easy to use. I’ve even canceled hotel reservations and the credit went back to my card within 2 days. I have a flight from London City to Frankfurt in September booked through the Cap one travel site so I’ll post if I have any issues.
There are at least 16 loyalty programs you can transfer points to. Go to “redeem miles”, then “convert rewards”. I have not used this feature yet, but it looks similar to transferring UR points.
Lastly, the Priority Pass is a great card to use when you have layover time at an airport. I don’t hold any Amex Platinum cards as I can’t justify that high AF. I’ve redeemed for food credit at Dulles ($56 off the bill) and most recently La Guardia for 30 minutes in a massage chair.