| Last updated on February 5th, 2024
Capital One Venture Rewards Credit Card
Capital One Venture Rewards Credit Card
Capital One Venture Rewards Credit Card
- 21.99% - 28.99% variable based on creditworthiness and Prime Rate Regular Purchase APR
- 20.99% - 28.99% variable based on creditworthiness and Prime Rate Balance Transfer APR
- 20.99% variable based on the Prime Rate Cash Advance APR
At a Glance
Through the Capital One Venture Rewards Credit Card, you’ll be able to earn an unlimited 2X reward miles per dollar spent on every purchase, every day, meaning there aren’t any annoying categories to memorize to maximize your miles. New Venture cardholders are also entitled to a whopping 60,000 bonus miles after 60,000 miles after spending $3,000 in the first three months bonus offer.
- Best Benefits
- Rates & Fees
- Why Should You Apply?
- Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
- Earn unlimited 2X miles on every purchase, every day
- Miles wo't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $100 credit for Global Entry or TSA PreCheck®
- Enjoy two complimentary visits per year to Capital One Lounges or to 100+ Plaza Premium Lounges through the Partner Lounge Network
- Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
- Use your miles to get reimbursed for any travel purchase-or redeem by booking a trip through Capital One Travel
- Transfer your miles to your choice of 15+ travel loyalty programs
- Regular Purchase APR: 21.99% - 28.99% variable based on creditworthiness and Prime Rate
- Balance Transfer APR: 20.99% - 28.99% variable based on creditworthiness and Prime Rate
- Balance Transfer Transaction Fee: 3% of the amount of each transferred balance that posts to your account at a promotional APR that we may offer you. None for balances transferred at the Transfer APR.
- Cash Advance APR: 20.99% variable based on the Prime Rate
- Cash Advance Transaction Fee: 3% of the amount of the cash advance, but not less than $3
- Annual Fee: $95
- Late Payment Penalty Fee: Up to $40
- You travel frequently and can take advantage of the card’s 2X reward miles earning potential
- You do not want to jump through hoops when it comes to categories that earn you bonus miles
- You want an extra 60,000 bonus miles after spending $3,000 on purchases within the first 3 months from account opening
- You have excellent credit
In-Depth Review: Capital One Venture Rewards Credit Card
The Capital One Venture Rewards Credit Card is a no-nonsense travel rewards card with unlimited miles for a decent annual fee. The Venture Card is one of three cards using that name from Capital One, offering up to unlimited 5X miles on purchases for a $95 annual fee.
Who Can Benefit from the Venture Rewards Card?
So, who can benefit from the Venture Card? Anyone who wants a no-nonsense travel card that prioritizes unlimited rewards and gives you peace of mind with a TSA Precheck airport security fast pass. The card doesn’t offer some fancier perks of ultra-premium credit cards (like the Venture X), meaning there is no lounge access. Still, if you want a streamlined travel experience at the airport but don’t want to shell out more than $300 in annual fees, the Venture is your ideal option.
Credit Needed
The Venture Rewards Card is aimed at applicants with good to excellent credit scores. Realistically, you should hope to have an excellent score (a FICO Score north of 730) before applying.
How to Earn Venture Miles
Welcome Offer
New accounts with the Venture Rewards Card can earn an impressive 75,000 bonus miles once they spend $4,000 on purchases within the first three months from account opening. That welcome offer has a cash value of slightly more than $1,000 when redeemed with Capital One Travel powered by Hopper for flights, hotels, and more.
Earn Unlimited 2X On Purchases
The Capital One Venture Rewards Credit Card is one of the premier travel cards thanks – in part – to the impressive rewards it earns. The card earns an unlimited amount of miles on two categories – both of which are ones any frequent traveler spends on:
- Earn unlimited 5X miles on hotels and rental cars booked through Capital One Travel and
- Earn unlimited 2X miles per dollar on every purchase
The 5X on travel with Capital One Travel is great for the frequent flyer—Capital One Travel, powered by Hopper, provides a streamlined booking experience for Capital One Rewards cardholders. And even if you don’t travel enough to use the unlimited 5X miles – don’t worry. Even those who travel rarely can use a lucrative category like “all other purchases.” After all, it is quite a broad category.
How to Redeem Rewards
Capital One Rewards points have a value of approximately 1.4 cents per point. This valuation is based upon the best redemption options through the rewards program, which is travel. Travel options include flights, hotels, cruises, and rental cars booked through the Capital one Rewards portal.
Rewards also transfer to a variety of Capital One airline and hotel partners. Current Capital One airline and hotel transfer partners are:
| AeroMexico (Club Premier) | British Airways (Executive Club) | EVA Air (Infinity Miles) |
| Air Canada (Aeroplan) | Emirates (Skywards) | Qantas Miles |
| Avianca (LifeMiles) | Etihad Guest | Singapore Airlines (KrisFlyer) |
| Air France/KLM (Flying Blue) | Finnair Plus | TAP (Miles&Go) |
| Cathay Pacific (Asia Miles) | ALL (Accor Live Limitless) | Choice Privileges |
| Turkish Airlines (Miles&Smiles) |
Cardholders can also use their points towards various award options, including cash back, statement credits, gift cards, or shopping (including using points with Amazon).
Capital One Venture Rewards Cardholders can also use points through PayPal and its Pay with Rewards program. Pay with Rewards is PayPal’s flexible rewards platform that allows select credit cardholders to use their rewards points to make purchases anywhere in the world that PayPal is accepted. The program allows cardholders to pay for purchases entirely with their points or partially with their rewards.
Capital One Travel Benefits
Beyond the impressive rewards, the Venture Card also provides several other travel-oriented benefits. Cardholders can anticipate a $100 statement credit for TSA Precheck or Global Entry application costs. This perk will allow them to make their way through TSA security when departing quickly and U.S. Customers when arriving from their travels.
Here’s a full rundown of all the travel perks you can anticipate with the Venture Rewards Card:
| Perk | Explained | ||
|---|---|---|---|
| Lifestyle Collection | Enjoy premium benefits as an eligible cardholder when you book a stay at any of Capital One Travel’s vibrant hotels from the Lifestyle Collection | ||
| Hertz 5-Star Status | Skip the rental car counter and select from a wider selection of cards thanks to Venture. | ||
| Global Entry or TSA PreCheck® | Get reimbursed for the application fee for Global Entry or TSA PreCheck® when you use the Venture Card to pay the fee. | ||
| Capita One Entertainment Access | Get cardholder-only access to a collection of VIP packages, events, on-site perks, or even use your miles to get hard-to-score tickets. | ||
| Capital One Dining | Capital One Dining offers access to difficult reservations and a curated list of fine restaurants for members. Cardmembers can also update their profiles to include any dietary preferences, plus special dates such as birthdays and anniversaries. These details will be automatically flagged to participating restaurants. | ||
| No Foreign Transaction Fees | You won’t pay a transaction fee when making purchases outside of the United States | ||
Venture cardmembers enjoy complimentary Price Drop Protection on flight bookings, meaning they’ll be refunded the difference for any additional changes to fares between booking and take-off. Customers will also enjoy the best price guarantee on flights, hotels, and car rental bookings.
Other Card Benefits
The Capital One Venture Rewards Card is a Visa credit card product. This means cardmembers can expect a high level of protection courtesy of the Visa payment network, including:
| Zero Fraud Liability | Cardholder Inquiry Services | Emergency Card Replacement | Luxury Hotel Collection | Extended Warranty Coverage |
| Roadside Dispatch | Lost/Stolen Card Reporting | ID Navigator from Norton | Travel & Emergency Assistance |
Comparison
Venture Comparison
| Venture X Rewards | Venture Rewards | VentureOne Rewards | |
|---|---|---|---|
| Rewards rate | Unlimited 10X miles on hotels and rental cards through Capital One Travel, 5X on flights through Capital One Travel, 2X miles on every other purchase | Unlimited 2X miles on every purchase | Unlimited 1.25X miles on every purchase |
| Best perk | Capital One Lounge access | Global Entry or TSA PreCheck® credit | No foreign transaction fees |
| Annual fee | $395 | $95 annual fee | $0 annual fee |
Tips for Maximizing Rewards
To make the most out of your travels with the Capital One Venture Rewards Credit Card, here are some helpful tips:
- Take advantage of the sign-up bonus by strategically planning your purchases within the first few months.
- Use the card for all your travel-related expenses to maximize your rewards.
- Consider transferring your miles to partner loyalty programs for even more redemption options.
- Take advantage of the travel perks and benefits, such as the Global Entry or TSA PreCheck credit, to streamline your airport experience.
- Watch for special promotions or limited-time offers to earn bonus miles.
What We Like About the Venture Card
The Capital One Venture Rewards Card offers a plethora of benefits that can make your travels more relaxing and rewarding. First and foremost, the card provides a generous sign-up bonus and unlimited miles in two interesting categories.
You’ll earn between 2X and 5X miles for every dollar spent on purchases, making it easy to accumulate rewards. These miles can be redeemed for flights, hotel stays, car rentals, and more. The flexibility of the rewards program allows you to choose how you want to use your miles, giving you the freedom to tailor your travel experiences to your preferences.
Things to Consider
No Intro APR
The card offers no introductory APR, making it less suitable for individuals looking to finance large purchases or transfer balances from existing credit cards. Without these intro options, the card may not be the best choice for those seeking to manage their expenses or pay down an existing balance through a 0% APR period.
Annual Fee
The card comes with a $95 annual fee. While the fee is relatively reasonable compared to the card’s rewards, it may still be something to consider before applying – especially if you want to minimize their credit card expenses.
Capital One Ratings
How is Capital One a credit card issuer? Here is a selection of reviews for the bank from consumers and experts alike:
| BestCards | Better Business Bureau | TrustPilot |
|
4.5/5 |
2.5/5 |
2.5/5 |
Should You Apply for the Capital One Venture Rewards Credit Card?
The Capital One Venture Rewards Credit Card is an excellent travel card for those who prefer points to perks but don’t want to pay a steep annual fee for a versatile card like the Chase Sapphire Reserve®. The $95 annual fee is waived for the first year, giving new accounts ample time to amass an impressive haul of miles. Capital One makes this task easier, thanks to 2X miles on every purchase and an impressive 75,000 miles after meeting minimum spend requirements.
The card doesn’t offer the massive array of airport perks that comes from pricier travel card options. Still, a TSA Precheck statement credit is a bonus worth taking advantage of. The wide selection of redemption options is another great perk, as are the 15+ transfer partners, including names like Etihad, Air Canada, jet Blue, and Wyndham.
Overall, the Capital One Venture Rewards Credit Card is a very nice rewards card for those who love to travel but can’t justify an annual fee of over $100. Those unsure of the card is right for them can also consider the similarly priced Chase Sapphire Preferred or Citi Premier® Card.
Browse Other Card Offers:
Editorial Disclosure – The opinions expressed on BestCards.com's reviews, articles, and all other content on or relating to the website are solely those of the content’s author(s). These opinions do not reflect those of any card issuer or financial institution, and editorial content on our site has not been reviewed or approved by these entities unless noted otherwise. Further, BestCards.com lists credit card offers that are frequently updated with information believed to be accurate to the best of our team's knowledge. However, please review the information provided directly by the credit card issuer or related financial institution for full details.