This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Capital One Awards One Billion Miles In Just 31 Days

MCLEAN, Va., April 4, 2012 /PRNewswire/ -- Consumers responded overwhelmingly to the Venture 2012 "Double Miles Challenge" and Capital One Financial Corporation (NYSE: COF) announced today that the one billion mile allocation as part of that promotion was depleted in just 31 days. Launched on March 7, the Venture Double Miles Challenge ( www.capitaloneventure.com) gave consumers who opened a Capital One Venture Card the opportunity to earn double miles, up to 100,000, for every dollar they spent on their travel card in 2011.

"We issued a bold offer with the Venture Double Miles Challenge and saw an overwhelming response. It's clear that people want more from their travel rewards card," said Mike Wassmer, Executive Vice President of US Card at Capital One. "We're excited to show these new customers what they've been missing with their other travel cards. This promotion may be over but consumers can still get the Venture card and earn double miles on every purchase, every day."

The Venture Double Miles Challenge received rave reviews from media and influencers who cover the frequent travel card category.  

"It's called the `Venture Double Miles Challenge,' and I think travel rewards credit card users everywhere are going to love it," stated Credit Net. "This Venture offer is one of the best travel bonuses out there. Even if you miss out on the promotion, the card's standard rewards program of 2 miles per dollar spent is still a great deal," added CreditKarma.

These influencers are also continuing to rank Venture the best in its category. The consumer information website NextAdvisor rated Venture the best travel rewards card. TripBadger, an online blog, said, "The Capital One Venture Rewards card is a top-rated miles card. It offers the flexibility to use your miles on any airline, offers double miles for every dollar spent, and has reasonable fees."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs