The Captial One Venture Card is a piece of shit and it's time people realized it

Thanks Jennifer Garner.  I hope you've gotten over the fact that Ben Affleck was fucking your nanny.  Too soon?  Don't care.

My beef with the Capital One Venture card is that it markets itself as a travel reward card by saying you get double miles on every purchase.  Sounds good right?  Except first you have to understand what the fuck a mile is worth.  In this case, 100 miles is worth a dollar.  You might be thinking this isn't bad, but the fact is, you're not getting miles on any airline.  Rather this is the mechanism for how you redeem your "miles":

What this means is that you're basically getting a refund by redeeming your "miles" after you've made the purchase.  To me, this is basically getting 2% cash back, but only being able to use that cash back on travel purchases.  You still might think this doesn't sound bad, except for the fact that this card comes with a $59 dollar annual fee (that's waived the first year).  That's what makes this card a piece of shit.

There are 2% cash back cards on the market with no annual fee like this Citi Card.  It gives 1% cash back on purchases, then 1% back when you pay it off.  Effectively 2%.  If you argue that you have to pay the balance off in full each month to get the 2%, then you shouldn't be using a fucking credit card because you're an irresponsible person who enjoys paying ungodly interest rates.

Now if you were duped by thinking the Captial One Venture card was a travel card and wanted to look into those, Chase Cards are the shit.  Depending on what Card you have, a point on Chase can be redeemed for $1.25 to $1.50 in travel, making that ratio much better than the piece of shit Capital One card.  I explain it a little in this post here.  I'm not going to re-hash everything here, because my point is not to sell anyone on the Chase Cards, but rather talk about what a shitty product the Capital One Venture Card is.