Capital One® Venture® Rewards Credit Card Review – 50000 Miles and 2X Rewards

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Overview

If you are looking for a travel credit card that gives you big bonus and rewards, Capital One® Venture® Rewards Credit Card is one of the top visa signature credit cards for what you need. It offers 50,000 bonus miles after qualified spending, redeemable for $500 in travel, and rewards you 2 miles for every dollar you spend on every purchase. And you can also earn 10 miles per dollar when you use the card to book hotels at the Hotels.com platform through January 2020. It has no foreign transaction fees, which makes it a very valuable credit card for international travelers. In addition, it gives you another $100 credit to pay for the application fee for airport expedited screening of Global Entry or TSA Pre✓®.

  • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Earn 2X miles on every purchase, every day. Plus earn 10X miles on thousands of hotels, through January 2020; learn more at hotels.com/venture
  • Named ‘The Best Travel Card' by CNBC, 2018
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Fly any airline, stay at any hotel, anytime; no blackout dates. Plus transfer your miles to over 12 leading travel loyalty programs
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $95 after that
Intro APR
N/A
Intro APR Period
N/A
Regular APR
17.99% - 25.24% (Variable)
Annual Fee
$0 intro for first year; $95 after that

Card Benefits

Sign-up Bonus

If you spend at least $3,000 in purchases within 3 months from account opening, you will receive a one-time bonus of 50,000 miles, which can be redeemed for travel credit of $500. Once you qualify for this bonus, the bonus miles will be applied to your rewards balance within two billing cycles. If you had the credit card in the past, you may not be eligible for this one-time bonus.

In addition to the 50,000 bonus miles, you will get up to $100 statement credit towards TSA Pre✓® or Global Entry application fee, once every four years. Both Global Entry and TSA Pre✓® are airport expedited security screening programs, which can save travelers 20 to 30 minutes in most airports. TSA Pre✓® costs $85 and Global Entry costs $100 for a five year membership. A statement credit will be automatically posted to your account within 1- 2 billing cycles after the Global Entry program application fee or TSA Pre✓® application fee (whichever program is applied for first) is charged to your Capital One® Venture® Rewards Credit Card.

Earn Rewards

You will earn unlimited 2 miles for every dollar you spend on purchases. Additionally, you will earn unlimited 10X miles (10 miles per dollar) on thousands of hotels that you book through hotels.com/venture until January 31, 2020. To earn 10X miles, you can just go to hotels.com/venture and pay with your Capital One Venture card for hotel reservations. Your rewards miles will never expire for the life of your account and there is no cap to the amount of rewards you can earn on purchases.

How to Redeem Rewards

You can redeem miles for past travel purchases using Capital One Purchase Eraser® or redeem miles to book new travel reservations. Other than travel, you may also redeem rewards for cash in the form of a check or account credit, gift cards and more. Rates for non-travel redemption options vary and are subject to change. You can log in to your Capital One online account to see a complete description of available redemption offers.

To redeem rewards for past travel purchases, you can simply go online at capitalone.com to use its Purchase Eraser feature to redeem your miles and receive an account credit for the cost of your travel purchase. Your purchases on airlines, hotels, rail lines, car rental agencies, limousine services, bus lines, cruise lines, taxi cabs, travel agents and time shares are generally eligible travel purchases for Purchase Eraser. Purchase Eraser redemption must be made within 90 days from the date your travel purchase posts to your account. Your account credit is usually applied to your balance within 2 to 3 business days after the redemption. Redemption for a portion of a purchase amount (partial redemption) is available.

You can also redeem miles to book new travel reservations. Simply go online to capitalone.com or contact Capital One Rewards Center to book your flight, car rental or hotel and use your miles to pay for your travel. The number of miles needed for travel redemption varies and is based upon the cost of the travel purchase. The number of redeemed miles is simply the cost of your travel purchase, including taxes and fees, multiplied by 100. For example, if your travel purchase costs $300, you would multiply that by 100 to determine you need 30,000 miles to redeem. You can redeem miles to fly any airline, stay at any hotel, with no blackout dates.

Rewards Transfer to Travel Partner Loyalty Programs

In addition to rewards redemption, you may be able to transfer your rewards miles to the following 12 leading travel loyalty programs:

Airline Loyalty Program Transfer Ratio
Aeromexico Club Premier 2 Venture Miles to 1.5 Aeromexico Miles
Air Canada Aeroplan 2 Venture Miles to 1.5 Air Canada Miles
Air France/KLM Flying Blue 2 Venture Miles to 1.5 Air France Miles
Alitalia MilleMiglia 2 Venture Miles to 1.5 Alitalia Miles
Avianca LifeMiles 2 Venture Miles to 1.5 Avianca LifeMiles
Cathay Pacific Asia Miles 2 Venture Miles to 1.5 Cathay Pacific Miles
Etihad Airways Guest 2 Venture Miles to 1.5 Etihad Airways Miles
EVA Air Infinity MileageLands 2 Venture Miles to 1.5 EVA Air Miles
Finnair Plus 2 Venture Miles to 1.5 Finnair Miles
Hainan Airlines Fortune Wings Club 2 Venture Miles to 1.5 Hainan Miles
Qantas Frequent Flyer 2 Venture Miles to 1.5 Qantas Miles
Qatar Airways Privilege Club 2 Venture Miles to 1.5 Qatar Airways Miles

Additional Travel Benefits

The Capital One® Venture® Rewards Credit Card has no foreign transaction fees, which can help international travelers save money. Most credit cards typically charge a transaction fee of 3% on your purchases in foreign countries. For example, if you use a credit card to pay $500 for purchases or for hotel stays in Canada, Asia, or Europe, you may end up with paying a bill of $515 after the 3% foreign-transaction surcharge is priced in. If you may travel abroad, it is always a good idea to carry a credit card with no foreign transaction fees like the Capital One® Venture® Rewards Credit Card, which lets you avoid the unnecessary 3% foreign transaction fees on purchases.

It also offers up to $100 in airport expedited screening statement credits to pay towards TSA Pre✓® or Global Entry application fee. TSA Pre✓® is operated by the U.S. Transportation Security Administration (TSA) to provide expedited security screening benefits for flights departing from U.S. airports. Global Entry is a U.S. Customs and Border Protection (CBP) program that allows expedited clearance for pre-approved, low-risk travelers upon arrival in the United States. Global Entry provides not only the TSA Pre✓® benefits, but also extra expedited US customs screening for international air travelers, such as allowing its members to enter the United States through automatic kiosks at select airports.

Additional Information

Fees

There is no annual fee for the first year. The annual fee will be $95 after the first year. With all the travel benefits and a generous bonus valued at $500, frequent travelers can easily earn enough rewards to offset the cost of the annual fee after the anniversary.

Required Credit Rating

The Capital One® Venture® Rewards Credit Card is for people with good or excellent credit rating. If you have a credit score of 700 or more, you may be qualified for the credit card.

Is this the right card for you?

If you like rewards and abundant travel benefits, the Capital One® Venture® Rewards Credit Card would be the right card for you. It was rated ‘The Best Travel Card‘ by CNBC in 2018. It offers 50,000 bonus miles and a flat 2X rewards on all purchases. It also gives $100 statement credit for expedited security screening and has no foreign transaction fees, both of which provides convenience and cost-saving for travelers. This credit card has a low annual fee of $95 starting from the second year, but its bonus and rewards make the card very worthwhile to keep.

Similar Credit Cards

If you are interested in the Capital One® Venture® Rewards Credit Card, you may also consider a few other travel credit cards with similar benefits.

Credit CardsPurchase APRTransfer InfoAnnual Fee Credit Level
Bank of America® Premium Rewards® credit card

17.99% - 24.99% Variable APR

17.99% - 24.99% Variable APR on balance transfers

$95

Excellent / Good CreditLearn MoreView Card Details
  • Receive 50,000 bonus points - a $500 value - after you make at least $3,000 in purchases in the first 90 days of account opening
  • Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases
  • If you're a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase
  • No limit to the points you can earn and your points don't expire
  • Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill accounts, or gift cards or purchases at the Bank of America Travel Center
  • Get up to $200 in combined airline incidental and airport expedited screening statement credits + valuable travel insurance protections
  • No Foreign Transaction Fees
  • Low $95 annual fee
Bank of America® Travel Rewards credit card - 25,000 Bonus Points Offer

0% intro APR
for 12 billing cycles

16.99% - 24.99% Variable APR after that

16.99% - 24.99% Variable APR

$0

Excellent / Good CreditLearn MoreView Card Details
  • Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire
  • 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases
  • Use your card to book your trip how and where you want - you're not limited to specific websites with blackout dates or restrictions
  • Redeem points for a statement credit to pay for flights, hotels, vacation packages, cruises, rental cars, or baggage fees
  • Comes with chip technology for enhanced security and protection at chip-enabled terminals
  • 0% Introductory APR for 12 billing cycles for purchases. After the intro APR ends, 16.99% - 24.99% Variable APR will apply
  • If you're a Preferred Rewards member, you can earn 25% - 75% more points on every purchase
Bank of America® Business Advantage Travel Rewards World Mastercard®

0% intro APR
for 9 billing cycles

13.24% - 23.24% Variable APR after that

13.24% - 23.24% Variable APR

$0

Excellent CreditLearn MoreView Card Details
  • Earn 25,000 bonus points when you make at least $1,000 in net purchases within 60 days of your account opening which can be redeemed for a $250 statement credit towards travel purchases.
  • Earn unlimited 1.5 points for every $1 spent on all purchases everywhere, every time-no matter how much you spend. Points don't expire.
  • Earn 3 points per every dollar spent on travel purchases (car, hotel, airline) booked through the Bank of America® Travel Center - powered by Expedia®.
  • No annual fee and no international transaction fees.
  • 0% Introductory APR on purchases for your first 9 billing cycles.
  • Redeem points for travel with no blackout dates, cash back or gift cards.
  • Get a 75% rewards bonus on the base earn of every purchase you make when you're a Business Advantage Relationship Rewards Platinum Honors tier client. That means you will earn 2.62 points for every $1 you spend and 4.12 points per every $1 you spend at the Bank of America® Travel Center.
Capital One® VentureOne® Rewards Credit Card

0% intro APR
for 12 months

14.24% - 24.24% (Variable) APR

14.24% - 24.24% (Variable) APR

No balance transfer fee

$0

Excellent, Good CreditLearn MoreView Card Details
  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 20,000 miles once you spend $1,000 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn 1.25X miles on every purchase, every day
  • Earn 10X miles on thousands of hotels, through January 2020; learn more at hotels.com/venture
  • Transfer your miles to over 12 leading travel loyalty programs
  • Enjoy 0% intro APR on purchases for 12 months; 14.24% - 24.24% variable APR after that
  • Travel when you want with no blackout dates and fly any airline, stay at any hotel, anytime
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
Capital One® Spark® Miles for Business

19.24% (Variable) APR

19.24% (Variable) APR

No balance transfer fee

$0 intro for first year; $95 after that

Excellent, Good CreditLearn MoreView Card Details
  • Earn unlimited 2 miles per $1 on every purchase, everywhere
  • Earn a one-time bonus of 50,000 miles - equal to $500 in travel - once you spend $4,500 on purchases within the first 3 months from account opening
  • Receive up to $100 credit for one Global Entry or TSA Pre✓® application fee
  • Fly on any airline, anytime, with no blackout dates or seat restrictions
  • $0 intro annual fee for the first year; $95 after that
  • $0 fraud liability if your card is lost or stolen
  • Free employee cards which also earn unlimited 2x miles from their purchases
  • No foreign transaction fees
  • Receive 50,000 bonus points - a $500 value - after you make at least $3,000 in purchases in the first 90 days of account opening
  • Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases
  • If you're a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase
  • No limit to the points you can earn and your points don't expire
  • Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill accounts, or gift cards or purchases at the Bank of America Travel Center
  • Get up to $200 in combined airline incidental and airport expedited screening statement credits + valuable travel insurance protections
  • No Foreign Transaction Fees
  • Low $95 annual fee
  • Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire
  • 25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $250 statement credit toward travel purchases
  • Use your card to book your trip how and where you want - you're not limited to specific websites with blackout dates or restrictions
  • Redeem points for a statement credit to pay for flights, hotels, vacation packages, cruises, rental cars, or baggage fees
  • Comes with chip technology for enhanced security and protection at chip-enabled terminals
  • 0% Introductory APR for 12 billing cycles for purchases. After the intro APR ends, 16.99% - 24.99% Variable APR will apply
  • If you're a Preferred Rewards member, you can earn 25% - 75% more points on every purchase
  • Earn 25,000 bonus points when you make at least $1,000 in net purchases within 60 days of your account opening which can be redeemed for a $250 statement credit towards travel purchases.
  • Earn unlimited 1.5 points for every $1 spent on all purchases everywhere, every time-no matter how much you spend. Points don't expire.
  • Earn 3 points per every dollar spent on travel purchases (car, hotel, airline) booked through the Bank of America® Travel Center - powered by Expedia®.
  • No annual fee and no international transaction fees.
  • 0% Introductory APR on purchases for your first 9 billing cycles.
  • Redeem points for travel with no blackout dates, cash back or gift cards.
  • Get a 75% rewards bonus on the base earn of every purchase you make when you're a Business Advantage Relationship Rewards Platinum Honors tier client. That means you will earn 2.62 points for every $1 you spend and 4.12 points per every $1 you spend at the Bank of America® Travel Center.
  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 20,000 miles once you spend $1,000 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn 1.25X miles on every purchase, every day
  • Earn 10X miles on thousands of hotels, through January 2020; learn more at hotels.com/venture
  • Transfer your miles to over 12 leading travel loyalty programs
  • Enjoy 0% intro APR on purchases for 12 months; 14.24% - 24.24% variable APR after that
  • Travel when you want with no blackout dates and fly any airline, stay at any hotel, anytime
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Earn unlimited 2 miles per $1 on every purchase, everywhere
  • Earn a one-time bonus of 50,000 miles - equal to $500 in travel - once you spend $4,500 on purchases within the first 3 months from account opening
  • Receive up to $100 credit for one Global Entry or TSA Pre✓® application fee
  • Fly on any airline, anytime, with no blackout dates or seat restrictions
  • $0 intro annual fee for the first year; $95 after that
  • $0 fraud liability if your card is lost or stolen
  • Free employee cards which also earn unlimited 2x miles from their purchases
  • No foreign transaction fees
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