Attention travel junkies: Capital One Venture Rewards card, with its rewards program and travel-related benefits, might be your best bet for an action-filled vacay.
Capital One gives you a great 75,000 bonus miles once you spend $4,000 within the first three months, and you earn two miles on every dollar you spend anywhere.
Want to know more?
Here you go—
This article will show you:
- What the Venture Rewards card is and how it works.
- Its fees, benefits, and rewards.
- A few alternatives.
Read more:
Capital One Venture Rewards at a Glance
Full name: Venture Rewards from Capital One
Best for: Unlimited travel cashback and straightforward rewards structure
Issuer: Capital One
Required credit score: Good–excellent (690–850)
How Does the Capital One Venture Rewards Card work?
card_name is a travel rewards card designed to help you earn miles on every purchase and redeem them for various travel expenses.
By using the Capital One Venture Rewards Card for everyday purchases, you can accumulate miles and redeem them to offset travel expenses, making it a valuable travel rewards option.
Capital One Quicksilver Credit Card: Overall Card Review
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Category |
Features |
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APR |
reg_apr,reg_apr_type |
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Annual fee |
annual_fees |
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Intro offer |
Earn 75,000 bonus miles after spending $4,000 on purchases within the first 3 months |
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Rewards |
2 miles per dollar on every purchase 5 miles per dollar for car rentals and hotels booked through Capital One Travel |
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Overall credit card rating |
4.6/5 |
Pros and Cons of Capital One Venture Card
Pros
- Solid sign-up bonus.
- Flat rate earning on all purchases (2x miles per $1 spent).
- Flexible redemption options (travel, statement credits, gift cards, etc.).
- No foreign transaction fees.
- Travel-related perks (Global Entry or TSA PreCheck credit).
- Access to Visa Signature benefits.
- Transfer miles to airline and hotel partners.
Cons
- $95 annual fee.
- Limited transfer partner options compared to other cards.
- No bonus categories for higher earning potential.
- Not ideal for those seeking luxury travel perks.
Pros—What we like
Solid sign-up bonus
If you spend $4,000 during the first three months, you’ll score a Capital One Venture welcome bonus (75,000 bonus miles). This extra boost helps you snatch rewards faster.
The bonus offer can change, so it’s a good idea to check the latest scoop before signing up.
Using that sign-up bonus right can save you on travel expenses or even get you a trip for cheap.
Flat rate earning
Earn two miles per dollar spent on all purchases, making it easy to accumulate miles without tracking specific categories. This makes it a great pick for your first travel card.
Flexible redemption options
Got miles? Use them on travel, statement credits, gift cards, and more. This card gives you loads of options to fit your style.
No foreign transaction fees
Shop abroad or in different currencies without extra charges—perfect for your next overseas adventure.
Travel-related perks
Zip through airport security with savings on Global Entry or TSA PreCheck. It’s like a fast pass to a smooth travel experience.
Visa Signature benefits
Enjoy perks like concierge service, travel and purchase protections, and access to special events.
Transfer miles
Convert your miles to airline and hotel partners for potentially higher-value redemptions.
Cons—Things to keep in mind
$95 annual fee
If you’re looking for a fee-free travel card, the Capital One Venture ain’t it.
Then again, there aren’t that many of them out there. So if that’s the most important thing for you, consider the Wells Fargo Autograph℠ card.
Limited transfer partners
Other cards offer more airline and hotel partners to transfer miles to—so you’ll have fewer options to max out your mile value with this card.
If that’s important to you, check out the card_name .
No bonus categories
You’ll earn the same two miles per dollar on everything, but there are no extra points up for grabs in specific categories.
If you’re a big spender in certain areas, you might earn more with another card.
If you want more flexibility here, consider the card_name card.
Key Capital One Venture Credit Card Fees & Rates
Does Capital One venture have an annual fee? Does Capital One have foreign transaction fees?
We compiled all the answers to your fees-related questions below:
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Fees |
Details |
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Annual fee |
annual_fees |
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APR |
reg_apr,reg_apr_type |
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APR for cash advances |
cash_advance_apr |
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Balance transfer fee |
balance_transfer_fees |
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Cash advance fee |
cash_advance_fee |
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Foreign transaction fee |
foreign_transaction_fee |
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Late fee |
late_payment_fee |
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Returned payment fee |
None |
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Overlimit fee |
None |
* Capital One Venture card annual fee is waived for eligible military members.
What You Need to Know About the Capital One Venture Rewards Card
- Credit limit
- Rewards
- Benefits
What credit score do you need for Capital One Venture card?
To boost your chances of getting the Capital One Venture Rewards Card, aim for a good to excellent credit score (around 670 or higher).
A higher score helps show you’re a responsible borrower. But credit scores aren’t the only thing lenders look at.
They also check income, job status, payment history, and so on—so while a solid credit score helps, it’s not a surefire ticket to approval.
Read more:
What’s the credit limit on Capital One Venture card?
There’s no hard-set limit mentioned by Capital One.
The credit limit differs for everyone because it’s based on your financial situation and credit background.
Some folks snag limits around $5,000 or even higher (depending on their credit score, income, and other factors).
If you play your cards right, pay on time, and spend responsibly, Capital One might be open for a credit limit increase.
Reportedly, the average credit limit for Capital One Venture card is around $10,000.
Capital One card rewards
You may be wondering: How do Capital One Venture miles work?
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Capital One Venture rewards |
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Rewards rate |
2 miles per $1 on every purchase 5 miles per $1 on rental cars and hotels booked through Capital One Travel |
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Redemption |
Redeem for:
Use with: Minimum to redeem: |
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Expiration |
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Cap |
Unlimited |
What does it mean in practice?
How to redeem miles on Capital One Venture card?
A Capital One Venture card miles-to-dollars calculator would come in handy:
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What you spent per month |
Capital One miles you earn per year |
Miles to dollars while redeeming them |
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$5,000 |
120,000 |
$1,200 on Capital One Travel |
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$2,040 on partners websites |
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$960 on Amazon and PayPal |
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$600 as cashback |
To recap, there are two main ways to use your Capital One miles: fixed value or transfer to travel partners.
Transferring typically gives better value, but the flexibility to adjust redemptions makes Capital One stand out from rivals.
In the end, the final amount of miles you earn depends on your credit limit and shopping habits.
Capital One Venture card benefits
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Categories |
Capital One Venture benefits |
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Travel |
Up to a $100 credit for Global Entry or TSA PreCheck® |
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Enjoy two complimentary visits per year to Capital One Lounges or 100+ locations through our Partner Lounge Network |
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Transfer miles to one of 15+ travel loyalty programs for more flexibility |
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There’s Capital One Venture rental car insurance and travel accident insurance if you buy the fare with a Venture Rewards card |
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A 24/7 complimentary concierge service |
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If the card is lost or stolen during your travel, you’ll get an emergency replacement card and a cash advance |
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Dining |
Capital One Dining |
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Protection |
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Other |
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What are the Capital One Venture rewards credit card transfer partners?
Capital One Venture Rewards Card has a range of airline and hotel partners you can transfer your miles to, including:
- Aeromexico (Club Premier)
- Air Canada (Aeroplan)
- Air France/KLM (Flying Blue)
- Alitalia (MilleMiglia)
- Avianca (LifeMiles)
- British Airways (Avios)
- Cathay Pacific (Asia Miles)
- Emirates Skywards
- Etihad Airways (Etihad Guest)
- EVA Air (Infinity MileageLands)
- Finnair (Finnair Plus)
- Qantas (Qantas Frequent Flyer)
- Singapore Airlines (KrisFlyer)
- TAP Air Portugal (Miles&Go)
- Turkish Airlines (Miles&Smiles)
Capital One also partners with hotel loyalty programs:
- Wyndham Rewards
- Accor Live Limitless (ALL)
Capital One Venture application process
Is there a Capital One Venture credit card pre-approval?
Yes, you can apply for the card with no impact on your credit score.
Once you do it, Capital One will tell you which of their credit cards would be the best for you.
Where can I apply?
To learn more and apply, go to the issuer’s website.
You’ll be asked for some basic information, including your Social Security number.
Alternatives: How Does Capital One Venture Compare to Other Travel Credit Cards?
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Cards |
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Annual fee |
annual_fees |
annual_fees |
annual_fees |
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Rewards |
2 miles per $1 spent on all purchases 5 miles per $1 spent on car rentals and hotels booked through Capital One Travel |
2 miles per $1 spent on all purchases 5 miles per $1 spent flights booked through Capital One Travel 10 miles per $1 spent on car rentals and hotels booked through Capital One Travel |
5x points on travel purchased through Chase Ultimate Rewards® 2x on other travel purchases 3x points on dining, including eligible delivery services, takeout and dining out, online grocery purchases (excluding Target, Walmart and wholesale clubs), and select streaming services 1 point per $1 spent on all other purchases |
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Promotion |
bonus_miles_full |
bonus_miles_full |
bonus_miles_full |
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Learn more |
bonus_miles_full |
Read more:
Cardholders’ Q&A—Capital One Venture Reviews
Some reviewers enjoy the card’s simplicity:
“This card is great for people who want big sign up bonus and simple reward program with flexible redemption.
This card is a great choice if you are using Singapore Airlines, Avianca, Aeroplan, and flying blue frequently.”
And the customer service is awesome:
“Their customer service is top-notch. When I purchased some airline tickets to Southeast Asia from a somewhat shady online deep discount broker, I called them, and the CSR spent over an hour on the phone with me and the company getting those tickets canceled. He really went above and beyond the call of duty.”
After using the card, some cardholders recommend redeeming miles in certain ways:
“The best value is probably transferring to an airline program and redeeming for a business or first class award ticket. Second-best will be redeeming for hotel gift certificates at less than face value. Third place, cash at a penny a point.”
Capital One Venture Rewards Card—Useful Links
Visit the Venture credit card sign-in website.
To learn the Capital One Venture card terms and conditions, check out the cardholder agreement.
Read the FAQ section to learn more about credit card rewards.
Download the Capital One mobile app for Android or iOS.
Use our free credit card payoff calculator.
Learn more about your rights and responsible card usage at the Consumer Financial Protection Bureau’s website.
Is the Capital One Venture Rewards Credit Card Good for Me?
To help you decide, we compiled a few questions you need to ask yourself:
- Do you want a simple rewards program without worrying about bonus categories?
- Will you use the card enough to make up for the $95 annual fee?
- Do you travel (or plan to travel) enough to benefit from travel-related features and no foreign transaction fees?
- Are you looking for flexibility in redeeming rewards, like using miles for travel, statement credits, gift cards, or transferring to partners?
- Can you meet the minimum spending requirement for the sign-up bonus to maximize its value?
- Is having a wide range of transfer partners important to you, or are you satisfied with Capital One’s available options?
Hopefully, after weighing these things, you already know what to do.
FAQ
Does Capital One have foreign transaction fees?
Capital One doesn’t charge foreign transaction fees on the Venture Rewards Card. That means you can use it abroad or for foreign currency transactions without extra fees.
See more travel credit cards without the foreign transaction fee.
Is the Capital One Venture card worth it?
Whether the Capital One Venture card is worth it depends on your spending habits, travel preferences, and desired benefits.
Here are some factors to consider when deciding if it’s right for you:
- Easy mile earning: Do you prefer a simple rewards program with a flat earning rate (2x miles per $1 spent) on all purchases, without worrying about bonus categories?
- Annual fee: Are you comfortable paying a $95 annual fee after the first year, and will you use the card enough to justify the fee?
- Travel and redemption flexibility: Do you value having multiple options for redeeming rewards like using miles for travel, statement credits, gift cards, or transferring to partners?
- Travel-related features: Will you benefit from the card’s travel-related perks like no foreign transaction fees, Global Entry/TSA PreCheck credit, and access to Visa Signature benefits?
- Sign-up bonus: Can you meet the minimum spending requirement for the sign-up bonus to maximize its value?
If the answers to these questions align with your preferences and needs, the Capital One Venture card could be a great choice for you.
If not, consider other travel credit cards or rewards credit cards and read our detailed review of the Capital One Venture X card.
Does Capital One charge international fees?
Capital One doesn’t charge international fees, also known as foreign transaction fees, on their credit cards, including the Capital One Venture Rewards Card.
This means you can use it for purchases abroad or in foreign currencies without incurring additional charges, making it a convenient option for travelers.
See more travel credit cards without the international fees.
How do Capital One Venture miles work?
Capital One Venture miles work as a straightforward and versatile rewards system for the Capital One Venture Rewards credit card.
Here’s a quick rundown of how they function:
- Earning miles: With this card, you earn 2 miles for every $1 spent on all purchases. No need to track categories—you’ll accumulate miles on all everyday spending.
Check out other cashback cards with straightforward rewards programs.
- Sign-up bonus: New cardholders may be eligible for a sign-up bonus after meeting a minimum spending requirement within the initial period.
- Redemption options: Miles can be redeemed in several ways, providing flexibility:
- “Purchase Eraser”: Redeem miles as a statement credit to cover specific travel-related expenses.
- Book travel through Capital One’s travel portal.
- Transfer miles to airline and hotel loyalty programs, potentially offering better value.
- Redeem miles for cashback, gift cards, or merchandise (although the value per mile might be lower than when redeeming for travel).
The Capital One Venture miles’ simplicity and flexibility cater to various travelers, making the card a popular choice for earning travel rewards.
See more awesome cashback credit cards.
Does the Capital One Venture card have car rental insurance?
Yes, the Capital One Venture card offers car rental insurance in the form of an Auto Rental Collision Damage Waiver (CDW).
This benefit provides coverage for collision damage and theft when you rent eligible vehicles and pay using your Capital One Venture card.
The coverage is secondary, which means it kicks in after your primary insurance policy. Capital One will reimburse up to the cash value of the rental vehicle, although there are some exceptions and exclusions, such as for exotic cars or specific vehicle types.
Always review your card’s benefits guide to understand the coverage details and limitations.
See more great travel credit cards with car rental insurance.
Can the Capital One card be used internationally?
Yes, the Capital One cards, including the Capital One Venture Rewards Card, can be used internationally.
As a Visa card, it’s widely accepted worldwide, and Capital One doesn’t charge any foreign transaction fees.
This makes it a convenient and cost-effective option for making purchases while traveling abroad or in foreign currencies.
See more great travel credit cards.
Does a Capital One Venture card have travel insurance?
Yes, the Capital One Venture card has travel insurance, which includes:
Travel accident insurance: Coverage up to $250,000 for certain incidents on airlines, trains, and buses when the fare is paid with the card or miles.
Lost luggage reimbursement: Up to $3,000 per trip for lost or stolen luggage, with specific requirements for eligibility.
Auto rental collision damage waiver: Insurance for collision damage or theft on qualifying rental vehicles.
Travel emergency services: Offers medical and legal referrals, travel reservation changes, and emergency transportation arrangements, with cardholders bearing the cost of goods and services.
Roadside dispatch: 24/7 hotline for services like towing, tire changes, jump starts, fuel delivery, and lockout assistance at a per-service-call fee.
What’s the Capital One Venture card customer service number?
To contact Capital One customer service, call 1-877-383-4802.
The representative will either answer your questions or send you to the person who can best help you.