Capital One® Venture® Rewards Credit Card

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 50,000 bonus miles after spending $3,000 on purchases within the first 3 months from account opening.

Ideal for Those Who:

• Travel frequently and can take advantage of the card’s 2X reward miles earning potential
• Do not want to jump through hoops when it comes to categories that earn you bonus miles
• Want an extra 50,000 bonus miles after spending $3,000 on purchases within the first 3 months from account opening

Capital One® Venture® Rewards Credit Card Review

The Venture® from Capital One® is a great travel rewards card for those who want the value that comes from double miles on every purchase, and the freedom of a rewards program that doesn’t limit redemption options.

Double Miles on Everything

The Venture® from Capital One® is one of the premier travel cards thanks – in part – to the impressive rewards it earns. The card earns an unlimited 2X miles on every purchase. The beauty of the double miles on all purchases means cardholders don’t have to bother with cumbersome categories. Every dollar spent earns two points – it’s that simple.

Introductory Bonus

The Venture also comes with a hefty signup bonus to help get cardholders their next free flight. New accounts receive 50,000 bonus miles when they use their new card to make at least $3,000 in purchases within the first three months. This bonus has a cash value of approximately $700.

How to Redeem Miles

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. Venture miles apply towards a variety of travel award options, including booking flights, hotels, rental cars, and more through Capital one. Rewards also transfer to a variety of Capital One airline and hotel partners. As with Chase Ultimate Rewards and AMEX Membership Rewards, this perk lets Venture Cardholders apply their points towards other loyalty programs. Current Capital One airline and hotel transfer partners are:

• Accor Hotels
• Aeromexico
• Air Canada
• Air France/ KLM
• Alitalia
• Avianca
• Cathay Pacific
• Emirates
• Etihad
• EVA Air
• Finnair
• Hainan
• JetBlue
• Qantas
• Qatar Airlines
• Singapore Airlines
• Wyndham Hotels

Cardholders can also use their points towards a variety of award options, including cash back, statement credits gift cards, or shopping (including using points with Amazon).

Other Travel Perks

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. Other features include no foreign transaction fees, Visa travel accident insurance, auto rental collision damage waiver, and 24-hour travel accident assistance. Added peace of mind also comes in the form of emergency card replacement should it be lost or stolen and a waived annual fee for the first year.

Should You Apply for the Venture® from Capital One®?

The Venture® from Capital One® is an excellent travel card for those who prefer points to perks. The $95 annual fee is waived for the first year, giving new accounts plenty of time to amass an impressive haul of miles. Capital One makes this task easier, thanks to 2X miles on every purchase and an impressive 50,000 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 is the 15+ transfer partners, including names like Etihad, Air Canada, jet Blue, and Wyndham. Overall, the Venture® from Capital One® is a very nice rewards card for those who love to travel, but can’t justify an annual fee of over $100.