Every dollar spent translates into meaningful rewards with the Capital One Venture Rewards Credit Card. This card stands out for its ability to supercharge your travel and everyday spending into generous mile earnings. With a sizable welcome bonus and unlimited mileage earning potential, it offers an irresistible incentive for travelers and everyday spenders. Further sweetening the deal, its flexible redemption options and travel-centric perks, such as Global Entry or TSA PreCheck credit and no foreign transaction fees, make it an exceptional tool for maximizing your spending while simplifying your travel experience.
MoneyGeek’s Take
Capital One Venture Rewards Credit Card
Updated: July 17, 2024
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Capital One Venture Rewards Credit Card
On Partner's Website
Rewards Rate
Earn 5 Miles per dollar on hotels and rental cars ...APR
19.99% - 29.99% variableAnnual Fee
$95Recommended Credit
670-850 (Good to Excellent)Capital One Venture Rewards Credit Card Overview
This credit card is a powerhouse of benefits designed to convert your spending into rewarding travel experiences. Here’s an overview of its key features:
- Rewards rate: Earn 5X miles on hotels and rental cars booked through Capital One Travel and 2X miles on all other spending.
- Welcome offer: Earn 75,000 miles once you spend $4,000 on purchases within the first three months of account opening, plus receive a one-time $250 Capital One Travel credit in your first cardholder year - that's equal to $1,000 in travel!
- Regular APR: 19.99% – 29.99% variable
- Annual fee: $95
- Intro APR offer: None
Important Card Details
The Capital One Venture Rewards Credit Card is a powerful tool for those seeking to maximize their travel rewards while enjoying a host of valuable features. Let's dive into the details and discover why this card stands out among its competitors.
Lucrative Welcome Offer
The Capital One Venture Rewards card comes with an attractive incentive — for a limited-time offer, you can earn 75,000 bonus miles after spending $4,000 in the first three months, plus receive a one-time $250 Capital One Travel credit in your first cardholder year. This translates into $1000 in travel rewards, a substantial offset against your travel expenses. However, the relatively high spending threshold might require some strategic planning to ensure you reach it within the stipulated timeframe. Consider the pattern of your usual expenditures to judge whether this spending requirement is achievable without stretching your budget unnecessarily.
Modest Annual Fee
You'll pay $95 each year for the Capital One Venture Rewards Credit Card. While you might be wary of cards with an annual fee, the benefits can often significantly outweigh the cost. Consider the annual fee in the context of the value you get in return — substantial miles on travel and other expenses, a hefty welcome offer and an array of travel-related perks. The returns can easily surpass the fee for frequent travelers and even those who spend moderately on travel.
Earn Miles on Everyday Spending
The Capital One Venture Rewards Credit Card offers a tremendous way to optimize your spending. It dishes out an impressive 5X miles on hotels and rental cars booked through Capital One Travel, turning these necessary travel expenses into a lucrative mile-earning opportunity. Moreover, its 2X miles on all other purchases is a significant feature, as it covers the broad spectrum of daily spending — from grocery shopping to bill payments. Essentially, this card transforms your everyday spending into potential travel rewards, providing tangible benefits for both your travel and daily lifestyle.
Travel-Friendly Features
With its travel-friendly features, this card is ideal for frequent travelers who want to avoid shelling out for a premium card. One of these is the up to $100 application credit for Global Entry or TSA PreCheck — services that expedite your travel process at airports. Extended Warranty* — Doubles the time period of your covered purchase’s original warranty, up to a maximum of twenty-four months. Purchase Assurance* — Eligible purchases made with your card are covered if damaged or stolen within the first 90 days of purchase. Lost or Damaged Luggage* — Reimbursement for the actual cost of repairing or replacing your checked or carry-on luggaged and personal property contained therein that is lost or damaged. MasterRental Insurance* – Use your card to rent an eligible vehicle and you may be covered for physical damage and theft of the rental vehicle. Additionally, it has no foreign transaction fees, which can save you a significant amount during international travel. And let's remember the card's flexible redemption options, with no blackout or expiration dates, no minimums for redemption and the ability to transfer miles to various travel loyalty programs. These features provide both monetary savings and greater convenience for travelers, making globe-trotting a much smoother experience.
*Benefit available to accounts approved for the World Elite Mastercard product, subject to terms, conditions, and exclusions in the World Elite Mastercard Guide to Benefits. See Account Terms or Application Terms for more details. Terms, conditions and exclusions apply.
How the Capital One Venture Rewards Credit Card Compares
Let’s take a look at the Capital One Venture Rewards Credit Card alongside another popular travel card from Capital One to help you decide the best fit for you.
How This Card Compares
Capital One Venture Rewards Credit Card
- Rewards rate: Earn 5X miles on hotels and rental cars booked through Capital One Travel and 2X miles on all other spending
- Welcome offer: Earn 75,000 miles once you spend $4,000 on purchases within the first three months of account opening, plus receive a one-time $250 Capital One Travel credit in your first cardholder year - that's equal to $1,000 in travel!
- Regular APR: 19.99% – 29.99% variable
- Annual fee: $95
- Intro APR offer: None
- Best for: moderate travelers looking for lucrative rewards
Capital One VentureOne Rewards Credit Card
- Rewards rate: Earn 5X miles on hotels and rental cars booked through Capital One Travel and 1.25X miles on all purchases
- Welcome offer: Earn 20,000 bonus miles after spending $500 in the first three months
- Regular APR: 19.99% to 29.99% variable
- Annual fee: $0
- Intro APR offer: 0% intro APR on balance transfers and purchases for 15 months (then 19.99% to 29.99% variable APR); for balance transfers, 3% for the first 15 months or at a promotional APR that Capital One may offer you at any other time.
- Best for: earning rewards while paying off a balance
For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
About Doug Milnes, CFA
Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.
Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.
*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
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Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.