UPDATE: A new credit card strategy is taking the travel rewards community by storm! The combination of the American Express® Gold Card and the Capital One Venture X Rewards Credit Card has emerged as a must-have for savvy spenders looking to maximize their rewards when traveling.
This two-card setup is not just a trend; it’s a game-changer for anyone wanting to streamline their wallet while reaping substantial benefits. Kyle Olsen, a travel products editor, reveals he consistently uses these two cards for daily expenses, reaping excellent rewards on dining and everyday purchases.
The Amex Gold offers an impressive 4 Membership Rewards points per dollar spent at restaurants and U.S. supermarkets, making it ideal for food-related expenses. In contrast, the Venture X earns 2 miles per dollar on virtually all other purchases, ensuring no spending goes unrewarded.
Why does this matter NOW? Olsen emphasizes that the combined earning potential can lead to significant travel rewards, making travel more accessible and enjoyable for those who frequently dine out or shop at supermarkets.
Both cards do come with notable annual fees: the Amex Gold costs $325, while the Venture X is priced at $395. However, the value they provide offsets these costs, thanks to annual travel credits and rewards that seamlessly integrate into daily spending.
Olsen points out that this strategy is a relief for those who previously juggled multiple cards to chase niche rewards. Instead, focusing on these two cards simplifies the process, allowing users to maximize their rewards without the need for complicated tracking systems.
The real strength lies in the flexibility of these points. Both Membership Rewards and Capital One miles can be transferred to various airline partners, providing opportunities for unforgettable travel experiences. This strategy has already proven effective for Olsen, who has leveraged his rewards for business-class flights and other travel perks.
Furthermore, with neither card imposing foreign transaction fees, they are perfect for international travel. The Venture X card is particularly valuable abroad, offering reliable acceptance as a Visa, while the Amex Gold can be used at select dining establishments.
In summary, Olsen’s two-card approach offers a simple yet powerful way to maximize travel rewards. For those seeking to streamline their credit card usage without sacrificing value, this strategy could be the breakthrough they’ve been waiting for.
If you’re interested in optimizing your travel rewards, consider the American Express® Gold Card and Capital One Venture X Rewards Credit Card. Discover how you can start earning more today!
For more information on how to apply for these cards, follow the links for the American Express® Gold Card and the Capital One Venture X Rewards Credit Card.
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