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Last week a story made it’s way around the interwebs like wildfire…The Capital One Venture X would be losing Hertz President’s Circle status at the end of the year! This was first reported by Thrifty Traveler and then it hit all the big blogs. It was because of the fine print on this post that has details on the Hertz status ending 12/31/24.
I posted the information on my Instagram and you could predict the response.
People were throwing their toys out of the stroller. In all honesty, not all of the responses made sense, but clearly there was outrage.
“It’s another deval”
“Oh no! I love my President’s Circle Status”
“I don’t have the card but I’d cancel it immediately”
“This is worse than Crystal Pepsi”
“This is why I still wear a mask in public”
We may have over-reacted and President’s Circle may live on in 2025
Points and miles enthusiasts over reacting?! There is a first for everything, but it appears we may have all jumped the gun too soon.
Capital One reps reached out to Thrifty Traveler, Upgraded Points, and Gary Leff at VFTW, and basically said this…
Yes..the contract ends at 12/31/24, but it could be extended.
This was the official response to Thrifty
Editor’s note: After publication, Capital One reached back out to clarify that the Hertz President’s Circle status benefit could eventually be extended, though it is still scheduled to end Dec. 31, 2024.
Do I think it’s going to end 12/31/24?
I kinda don’t. A lot of people voiced their dissatisfaction, and I think the language has been their from the start we just didn’t see it. Sooooo I tend to lean towards Cap1 extending the perk.
Would they replace it with something else?
My feeling is if they do drop Hertz President’s Circle, they will replace with Avis Preferred Plus ( maybe President’s Circle now that it’s in the US ) or National Executive Elite. This is pure speculation, but these car rental companies want premium cardholder business so I’d imagine there is some way to make the economics work.
Should I cancel if they do end it?
I wouldn’t. You could easily match to another program like Avis, National, or Sixt and get similar benefits via a match. And then match again, maybe even back to Hertz President’s Circle.
The Venture X continues to offer a $300 Travel Credit in portal and 10k Capital One Miles every anniversary = $400 min travel credit on a $395 annual fee card. Why would you cancel it even without the Hertz status?
How else can I get Hertz President’s Circle Status?
If I missed any…lemme know but you should be able to gleen President’s Circle status via the following cards/programs
- The Platinum Card® from American Express
- The Business Platinum Card® from American Express
- Delta Platinum
- Delta Diamond
- Marriott Ambassador
- Accor Platinum
- Accor Diamond
Overall – Hertz President’s Circle hasn’t officially ended 12/31/24
And I kinda think they will either extend or replace, but either way, the card is still great in my opinion.
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Chase Sapphire Preferred® Card
Welcome Offer
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
Annual Fee
$95
Points Earned
Transferrable Chase Ultimate Rewards
- 5x on all travel purchased through Chase Travel℠
- 3x on dining, including eligible delivery services for takeout & dining out
- 3x on select streaming services
- 3x on online grocery purchases
- (excluding Target, Walmart and wholesale clubs)
- $50 Annual Chase Travel Hotel Credit via Chase Travel℠
- The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
- 2x on all other travel
- 10% Anniversary Bonus
- Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
- Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
- Points are transferrable to 14 Ultimate Rewards partners
- Redeem in Chase Travel℠ for 1.25 cents per point
- No foreign transaction fees
- Suite of Travel and Purchase Coverage
- Auto Rental Collision Damage Waiver is my favorite
- Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
- $95 Annual Fee
We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.
Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.
Main Cast:
Cards that earn flexible points and should be used on the bulk of your purchases.
Supporting Cast:
Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on.
The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.
If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex® and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners
Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved, or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.