Capital One Venture Rewards Credit Card assessment: Great newbie card with a 75,000-mile bonus

Editor’s observe: This publish has been up to date with present info.

The Capital One Venture Rewards Credit Card continues to innovate, attracting new clients and rewarding current ones.

The card effortlessly blends fixed-value redemptions together with over 15 airline and lodge switch companions. Its modest annual price and stable return on on a regular basis spending make this card a keeper when you’re authorised for it. Card ranking*: ⭐⭐⭐⭐½

*Card ranking is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

The world of award journey is extremely advanced, with airline miles, lodge factors and award charts to maintain observe of, not to mention bank card packages that will let you switch your rewards to varied companions.

But it shouldn’t be difficult to earn and use bank card rewards. The Capital One Venture Rewards Credit Card is a wonderful antidote to the complexity of journey rewards, providing each easy incomes and redemption choices for inexperienced persons and high-value switch choices for the extra skilled factors and miles collector.

And with a welcome supply of 75,000 bonus miles after you spend $4,000 on purchases within the first three months from account opening, now is a good time to use.

Here’s every thing it’s good to know in regards to the Capital One Venture card.

Application hyperlink: Capital One Venture Rewards Credit Card with 75,000 bonus miles

Who is the Capital One Venture for?

Free-agent vacationers, or those that aren’t persistently loyal to a single lodge chain or airline, can take full benefit of the pliability that this card gives.

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While you gained’t get airline-specific perks resembling free checked baggage or precedence boarding with this card, you get a pair of complimentary passes to Capital One’s airport lounge annually.

What’s extra, as a substitute of relying on spotty award availability with a selected airline or lodge loyalty program, you may redeem the miles you earn with this card at a price of 1 cent apiece for journey purchases, both as assertion credit or by reserving by way of Capital One Travel. That means utilizing your miles is as simple as making a reservation.

That mentioned, you may nonetheless benefit from switch companions in all three main airline alliances (Star Alliance, Oneworld and SkyTeam) at different instances if that fits you higher. The flexibility to decide on between tickets paid for at a hard and fast worth with Venture miles and award tickets or nights booked by transferring your miles to the lineup of airline and lodge packages that associate with Capital One makes it even simpler so that you can keep on high of the very best offers.

The Capital One Venture card comes with a stable sign-up bonus of 75,000 miles after spending $4,000 on the cardboard inside the first three months of account opening. This sign-up bonus isn’t the very best we’ve ever seen from Capital One, but it surely’s a stable supply for the comparatively low spending requirement.

Based on TPG valuations, Capital One miles are price 1.85 cents every once they’re transferred to the issuer’s loyalty program companions, which embrace Air Canada Aeroplan and Air France-KLM Flying Blue. In different phrases, this 75,000-mile bonus may be price $1,388 (valuation not offered by the issuer).

Related: Redeeming Capital One miles for optimum worth

Main advantages and perks of the Capital One Venture

The standout advantages of the Capital One Venture are:

These are stable perks for a card with an affordable annual price — although should you’re in search of enhanced advantages, the Capital One Venture X Rewards Credit Card may very well be a greater match to your pockets (extra on that later).

* Benefits are solely obtainable to accounts authorised for the Visa Signature card. Terms apply.

You’ll earn 2 miles for each greenback you spend with the cardboard on each transaction, which suggests you’re getting 2 to three.7 cents’ (factoring in TPG’s newest valuations) price of journey rewards for each greenback in purchases, with no annual cap.

However, there are additionally a pair of bonus classes that may get you much more miles:

• Earn 5 miles per greenback spent on motels and automotive leases booked by means of Capital One Travel.
• Earn 5 miles per greenback spent on vehicles booked by means of Turo (by means of May 16).

It’s simple to zero in on high-powered and fashionable bonus classes for eating or journey, however you may spend some huge cash exterior of outlined bonus classes. Adding a card just like the Venture Rewards card to your pockets will help you mop up all these further miles and make sure you aren’t leaving something on the desk when paying for non-bonus purchases.

1. Pay off journey purchases made previously 90 days in your assertion with out having to fret in regards to the complexities of many loyalty packages.
2. Transfer miles to airline and lodge companions.

This second choice is the way in which to get essentially the most worth out of your miles. In 2021, Capital One expanded its 1:1 switch ratio to nearly all of its journey loyalty program companions, placing this system a lot nearer to different transferable rewards currencies.

Here are some examples of how one can maximize your Capital One miles:

• Booking Lufthansa enterprise class with no gas surcharges by means of Avianca LifeMiles.
• Booking American Airlines business-class flights to Europe by means of Etihad Guest.
• Booking United Airlines business-class transcontinental flights by means of Turkish Airlines Miles&Smiles.
• Booking U.S. home flights on varied airways by means of companions, like redeeming Singapore KrisFlyer or Turkish Airlines Miles&Smiles miles for United tickets, or Flying Blue miles for Delta tickets.

If you’re confused about methods to switch Capital One miles to airline and lodge companions, right here’s a information on methods to do it.

Which playing cards compete with the Capital One Venture?

No card completely replicates the Capital One Venture, however listed below are just a few playing cards that provide comparable advantages:

Chase Sapphire Preferred Card:

• 60,000 bonus factors after you spend $4,000 on purchases within the first three months from account opening.
• 5 factors per greenback on journey booked by means of the Chase journey portal.
• 3 factors per greenback on eating, choose streaming companies and on-line groceries (excluding Target, Walmart and wholesale golf equipment).
• 2 factors per greenback on all journey not booked by means of the Chase journey portal.
• 1 level per greenback on different purchases.
• The potential to switch factors to precious airline and lodge companions.
• Book journey by means of the Chase journey portal at a worth of 1.25 cents per level.
• $95 annual price.

Related: Starter card showdown: Chase Sapphire Preferred vs. Capital One Venture

Amex EveryDay® Preferred Card from American Express:

• 15,000 Amex Membership Rewards factors after you spend $2,000 on qualifying purchases inside the first six months from account opening.
• 3 factors per greenback on the primary $6,000 you spend annually at U.S. supermarkets (then 1 level per greenback).
• 2 factors per greenback at U.S. gasoline stations.
• 1 level per greenback on all different qualifying purchases.
• 50% factors bonus if you make no less than 30 purchases in a billing assertion.
• Ability to switch Amex Membership Rewards to precious airline and lodge companions.
• $95 annual price.

The info for the Amex EveryDay Preferred Card has been collected independently by The Points Guy. The card particulars on this web page haven’t been reviewed or offered by the cardboard issuer.

Capital One Venture X Rewards Credit Card:

• 75,000 bonus miles if you spend $4,000 on purchases within the first three months from account opening.
• 10 miles per greenback on motels and automotive leases booked by way of Capital One Travel.
• 5 miles per greenback on flights booked by way of Capital One Travel.
• 2 miles per greenback on every thing else.
• Up to $300 again in assertion credit yearly for bookings made by means of Capital One Travel.
• 10,000 bonus miles each account anniversary, beginning in your first anniversary (price $100 towards journey).
• Complimentary entry for cardholders, approved customers and as much as two friends per go to to Capital One Lounges and Plaza Premium lounges and for all friends touring with the cardholder to greater than 1,300 Priority Pass lounges worldwide.
• Up to 4 approved customers may be added at no cost, and AUs get Capital One Lounge entry with as much as two friends.
• Up to $100 in assertion credit for both TSA PreCheck or Global Entry.
• $395 annual price.

The Capital One Venture Rewards Card earns miles at a constant price and may facilitate easy, fixed-rate redemptions together with extra sophisticated awards by transferring your miles to lodge and airline companions. This card packs loads in for a $95 annual price, and it even makes the reduce as one among our finest journey bank cards.

Official utility hyperlink: Capital One Venture Rewards Credit Card with 75,000 bonus miles

Additional reporting by Ryan Wilcox, Stella Shon, Joseph Hostetler and Eric Rosen.