Starting Jan. 20, the Capital One Venture Rewards Credit Card is featuring a limited-time welcome bonus worth up to $1,000 in travel.
After spending $4,000 with in the first three months of opening the account, you’ll earn 75,000 bonus miles and a one-time $250 Capital One Travel credit (valid for one year). This new offer is worth $250 more than the standard bonus; however, there are additional restrictions with the travel credit that are important to be aware of.
If you’re considering adding the Capital One Venture to your credit card collection, here’s what you need to know.
The Capital One Venture Rewards Credit Card has a reasonable annual fee and earns flexible travel rewards, which makes it a great travel card for beginners or heavy travelers.
- Valuable welcome offer worth at least $1,000 in travel
- You can transfer miles to over 15 Capital One partners, including Emirates Skywards, Choice Privileges and Singapore Airlines KrisFlyer
- No foreign transaction fees
- Lacks ongoing travel benefits such as statement credits or lounge access
- Limited bonus spending category that only applies to certain Capital One Travel bookings
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select’s editorial staff.
- LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening – that’s equal to $1,000 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won’t expire for the life of the account and there’s no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app
Balance transfer fee
$0 at the Transfer APR, 4% of the amount of each transferred balance that posts to your account at a promotional APR that Capital One may offer to you
Foreign transaction fee
How valuable is this welcome bonus?
Capital One miles are exceptionally valuable and flexible when used for travel.
You can offset travel purchases with miles at a rate of 1 cent per mile, so 75,000 miles are worth $750 in travel. You can also use miles to pay for travel booked through the Capital One Travel portal (at the same rate), which pairs nicely with the second part of this offer.
You could use the $250 credit and 75,000 miles to book $1,000 in hotels, flights, rental cars, travel packages, activities or vacation rentals through Capital One Travel. Just don’t forget that the travel credit expires after one year. You can technically use the $250 credit to book travel that takes place after one year, but you must apply it before it expires.
Capital One also has a long list of airline and hotel transfer partners, which can increase the value of your rewards. You can transfer miles to these loyalty programs at a 1:1 ratio (unless noted):
You can unlock a lot of potential with Capital One’s transfer partners. For example, if you want to take a vacation to a tropical beach, you could transfer miles to Avianca. Then, you could book United Airlines award flights from the U.S. to a variety of Caribbean destinations for 30,000 miles round-trip, plus taxes and fees.
How does this bonus compare to other offers?
The Chase Sapphire Preferred® Card packs a punch for a $95 annual fee card, offering annual travel credits, comprehensive travel protections and more.
- You can transfer rewards to all of Chase’s travel partners including World of Hyatt, Southwest Rapid Rewards and many more
- Long list of travel and shopping protections
- $50 annual Chase Travel hotel credit
- Has an annual fee
- Requires a high credit score
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select’s editorial staff.
- Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
- Enjoy benefits such as 5x on travel purchased through Chase TravelSM, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases
- Earn up to $50 in statement credits each account anniversary year for hotel stays through Chase TravelSM
- 10% anniversary points boost – each account anniversary you’ll earn bonus points equal to 10% of your total purchases made the previous year.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Complimentary DashPass which unlocks $0 delivery fees & lower service fees for a min. of one year when you activate by 12/31/27. Plus, a $10 promo each month on non-restaurant orders.
- Member FDIC
Balance transfer fee
Either $5 or 5% of the amount of each transfer, whichever is greater
The Wells Fargo Autograph Journey℠ Card offers generous rewards on travel and dining purchases, along with flexible redemption options, all for a modest annual fee.
- Excellent rewards rate for hotel, airfare and travel
- Strong welcome bonus
- Access to all of the Wells Fargo transfer partners including Flying Blue (Air France/KLM) and Virgin Red
- Easy-to-use airline credit; Built-in cell phone protection
- Fewer transfer partners than comparable programs
- No intro APR offer
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select’s editorial staff.
- Select Learn More to take advantage of this offer and learn more about product features, terms and conditions.
- Earn 60,000 bonus points when you spend $4,000 in purchases in the first 3 months – that’s $600 toward your next trip.
- Earn unlimited 5X points on hotels, 4X points on airlines, 3X points on other travel and restaurants, and 1X points on other purchases.
- $95 annual fee.
- Book your travel with the Autograph Journey Card and enjoy Travel Accident Insurance, Lost Baggage Reimbursement, Trip Cancellation and Interruption Protection and Auto Rental Collision Damage Waiver.
- Earn a $50 annual statement credit with $50 minimum airline purchase.
- Up to $1,000 of cell phone protection against damage or theft. Subject to a $25 deductible.
- Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
Balance Transfer Fee
3% intro for 120 days from account opening, then up to 5%, min: $5
Foreign transaction fee
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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.
Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.
