u/Any_Ebb_7307

What should I do?

Back in February, I applied for the Capital One Venture card and was approved with a $7k credit limit. I've already hit the sign-up bonus (SUB) for 75,000 miles after spending $4,000.

Out of curiosity, I just ran the Capital One pre-approval tool and saw that I am currently pre-approved for the Venture X.

I am trying to stack up as many miles as possible (currently at 86k) for my honeymoon next year, so I have two main questions for the group:

  1. The Sign-Up Bonus: If I apply and get approved for the Venture X, am I still eligible to receive the online promo bonus of 75,000 miles after spending $4,000? Or does holding the regular Venture disqualify me from a second SUB so soon?
  2. The Two-Card Strategy: If I am approved, what is the best move with both cards? Do people usually keep both, or do you cancel/downgrade the regular Venture and ask Capital One to transfer the CL over to the Venture X?

Would appreciate any advice or experiences with managing both of these cards! Thanks in advance. What would you guys do in this situation, for context I already have the savor card with a 15k CL

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u/Any_Ebb_7307 — 2 days ago