Log In

Capital One Venture Rewards Credit Card: A Big Bonus, Easy-to-Use Rewards & More

Published 2 months ago6 minute read

The is one of our favorite credit cards for beginners thanks to its low annual fee and how easy it is to both earn and redeem miles for travel. 

And unlike some starter cards, this one comes with a big sign-up bonus: You can If you're in the market for your first travel card, you'll be hard-pressed to find a better option than this.

With the Venture Rewards card, you'll earn 2x miles on every purchase. So by spending the required $4,000 in the first three months of card membership, you'll wind up with a when all is said and done. 

Since Capital One miles can easily be used to cover travel purchases at one cent each, all those miles add up to $830 worth of travel. Not bad for a card with a $95 annual fee, right?

But the benefits go beyond a big upfront bonus. You'll earn a flat 2x miles for every dollar you spend, making this a solid card for racking up miles on your everyday spending. You'll also get a credit to cover the cost of signing up for either Global Entry or TSA PreCheck.

Read on for everything you need to know about the Venture Rewards card's benefits and big bonus offer.

The Capital One Venture Rewards Credit Card is currently offering a bonus of of card membership.

Since miles can be easily redeemed for 1 cent each towards travel, the sign-up bonus is worth a minimum of $750.

Venture or Venture X: Which Card is Best for You?

You will , with no limit on how much you can earn each year. That makes the Venture card a great card for your everyday expenses. Keep in mind, that each mile can be redeemed for a minimum of 1 cent toward the cost of travel. That's an unbeatable return, as most credit cards offer just 1x points on everyday spending.

Capital One Venture cardholders will also booked via the Capital One Travel Portal.

The Capital One Venture Card carries an which is not waived for your first year of card membership. 

The Venture Card also does not charge foreign transaction fees.

The Capital One Venture Card is one of the cheapest credit cards to include a credit of up to $120 to cover the cost of enrolling in Global Entry or TSA PreCheck. Simply pay the application fee with your Venture card and you will be reimbursed in the form of a statement credit.

You can use this benefit once every four years, and membership in both programs lasts a full five years.

Travelers using Global Entry kiosks upon returning to the United States from abroad

Since Global Entry includes TSA PreCheck, it should be your choice if you travel internationally. Check out our guide for more info on how to sign up for the program from start to finish.

Already have Global Entry or TSA PreCheck? You can use this credit to cover the application for a friend or family member! Just pay for their application with your Venture card and you're set!

The Cheapest Credit Cards That Get You Free TSA PreCheck & Global Entry

Capital One flipped the travel world on its head by transforming Capital One miles into an indispensable travel rewards program for travelers who want to do more for less.

No other credit card points give you more flexibility and versatility to redeem miles toward travel. That includes flights, hotels, rental cars, and much more. Whether you’re just getting started with earning and redeeming miles and want a simple option, or consider yourself an advanced traveler who knows how to maximize your points and miles, there’s a path for you with Capital One miles.

Here are a few of the best ways to redeem the miles earned with a Venture card.

Let’s start with the easiest route. This is what Capital One is really known for.

No airline or credit card company makes it easier to redeem points and miles toward travel.  Just charge your flight, hotel, Airbnb, bucket-list golf trip, or almost any other travel expense to your Capital One card. A few days later, you can log in and remove that charge from your statement using miles.

Using Capital One miles this way, That means you can book a $500 flight using 50,000 Capital One miles. That may not be earth-shattering value, but it’s easy as can be – and pairing it with a cheap flight deal can take you quite far, literally.

Capital One has its own travel portal where you can search directly for flights, hotels, car rentals, and more, then book using points.

Since the Capital One Venture Rewards card earns bonus miles on hotels and rental cars booked through the portal, you really shouldn't be redeeming miles like this at all. Instead, you'd be better off using your card to pay for flights and other travel booked through the portal and then using your miles to cover the purchase later on. 

All that being said, there are a few other advantages to booking through the travel portal:

  • Much like Google Flights,  That means you’ll get an email if the flights you’re looking at drop or increase in price.
  • Capital One offers an add-on “cancel for any reason” travel insurance policy, which is quite reasonably priced.

Unfortunately, the travel portal took a hit earlier this year when Capital One capped price drop refunds at $50. And now, the portal's Price Match Guarantee gets paid out in travel credits.

If you want the most value from your Capital One miles, you’ll want to look into Capital One transfer partners.

Capital One added the ability to transfer miles straight to airline programs back in late 2018. After steadily adding more and more partners and making significant improvements,  With few exceptions, every 1,000 Capital One miles you transfer gets you 1,000 airline miles or hotel points.

Here’s the full list.

ProgramTypeRatioTransfer Time
AeromexicoAirline1:1Instant
Air Canada Aeroplan Airline1:1Instant
Air France/KLMAirline1:1Instant
Avianca LifeMilesAirline1:1Instant
British AirwaysAirline1:1Instant
Cathay Pacific AsiaMilesAirline1:1Up to five business days
Emirates Airline1:1Instant
EtihadAirline1:1Up to 1 day
EVA AirAirline2:1.5Up to five business days
FinnairAirline1:1Instant
QantasAirline1:1Instant
SingaporeAirline1:1Instant
TAP Air PortugalAirline1:1Same day
Turkish AirlinesAirline1:1Same day
Virgin RedOther1:1Same day
AccorHotel2:1Up to two business days
WyndhamHotel1:1Same day
Choice HotelsHotel1:1Same day

Read more: Save Points When Booking Flights: Transfer Them to an Airline Partner

Bottom Line

The *capital one venture card* has long been one of the best travel rewards credit cards for beginners because of how easy it is to earn and redeem miles.

Learn more about the *capital one venture card*

Origin:
publisher logo
Thrifty Traveler
Loading...
Loading...
Loading...

You may also like...