MCLEAN, Va.—Capital One has taken a unique approach with its new Venture X premium travel-rewards card, a new report suggests.
“While American Express, Chase, and others woo travelers to their cards by piling on bells and whistles, everything from sign-up bonuses to airport lounge access, Capital One started with the fundamentals,” Fast Company stated.
The major card issuer has created a travel portal that makes it easy to book trips and redeem points, according to Capital One.
The report said the Capital One booking portal includes free benefits, such as price predictions and price alerts. The company also offers cardholders a price-drop guarantee, promising to refund them—in the form of travel credit—the difference in price up to $50 if fare goes down within 10 days of booking.
“Cardholders can purchase additional protections, such as freezing a fare or canceling a flight or hotel for any reason, which resonate in the era of pandemic travel,” Fast Company added.
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