The offer mentioned below for the Capital One Venture Rewards Credit Card is no longer available.
The Capital One Venture Rewards Credit Card is an excellent beginner travel card on its own, and now it's even more valuable; it currently features a limited-time welcome bonus worth up to $1,000 in travel.
After spending $4,000 with in the first three months of opening the account, you'll earn 75,000 bonus miles and a one-time $250 Capital One Travel credit (valid for one year). This new offer is worth $250 more than the standard bonus; however, there are additional restrictions with the travel credit that are important to be aware of.
If you're considering adding the Capital One Venture to your credit card collection, here's what you need to know.
How valuable is this Capital One welcome bonus?
Capital One miles are exceptionally valuable and flexible when used for travel.
You can offset travel purchases with miles at a rate of 1 cent per mile, so 75,000 miles are worth $750 in travel. You can also use miles to pay for travel booked through the Capital One Travel portal (at the same rate), which pairs nicely with the second part of this offer.
You could use the $250 credit and 75,000 miles to book a total value of $1,000 in hotels, flights, rental cars, travel packages, activities or vacation rentals through Capital One Travel. Just don't forget that the travel credit expires after one year; you can technically use the $250 credit to book travel that takes place after one year, but you must apply it before it expires.
Capital One also has a long list of airline and hotel transfer partners, which can increase the value of your rewards. You can transfer miles to these loyalty programs at a 1:1 ratio (unless noted):
Capital One transfer partners
| Capital One transfer partners | Transfer ratio |
|---|---|
| Accor Live Limitless | 2:1 |
| Aeromexico Rewards | 1:1 |
| Air Canada Aeroplan | 1:1 |
| Avianca LifeMiles | 1:1 |
| British Airways Club | 1:1 |
| Cathay Pacific Asia Miles | 1:1 |
| Choice Privileges | 1:1 |
| Emirates Skywards | 4:3 |
| Etihad Guest | 1:1 |
| EVA Air Infinity MileageLands | 4:3 |
| Finnair Plus | 1:1 |
| Flying Blue (Air France/KLM) | 1:1 |
| I Prefer Hotel Rewards | 1:2 |
| JAL Mileage Bank | 4:3 |
| JetBlue TrueBlue | 5:3 |
| Qantas Frequent Flyer | 1:1 |
| Qatar Airways Privilege Club | 1:1 |
| Singapore KrisFlyer | 1:1 |
| TAP Air Portugal Miles&Go | 1:1 |
| Turkish Airlines Miles&Smiles | 1:1 |
| Virgin Red | 1:1 |
| Wyndham Rewards | 1:1 |
You can unlock a lot of potential with Capital One's transfer partners. For example, if you want to take a vacation to a tropical beach, you could transfer miles to Avianca. Then, you could book United Airlines award flights from the U.S. to a variety of Caribbean destinations for 30,000 miles round-trip, plus taxes and fees.
How does this bonus compare to other offers?
The Capital One Venture Rewards Card typically features a 75,000-mile welcome bonus, so this offer is worth roughly 33% more than the standard offer. It's also a more valuable bonus than what's currently available with other travel credit cards with annual fees under $100.
The Chase Sapphire Preferred® Card (see rates and fees), which also charges a $95 annul fee, offers a 75,000-point welcome bonus after you spend $5,000 in the first three months from account opening. It also has a larger spending requirement, although you may find Chase Ultimate Rewards points more valuable if you prefer travel programs such as World of Hyatt and United Airlines MileagePlus.
The Chase Sapphire Preferred® Card packs a punch for a $95 annual fee card, offering annual travel credits, comprehensive travel protections and more.
- You can transfer rewards to all of Chase's travel partners including World of Hyatt, Southwest Rapid Rewards and many more
- Long list of travel and shopping protections
- $50 annual Chase Travel hotel credit
- Has an annual fee
- Requires a high credit score
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
- Enjoy benefits such as 5x on travel purchased through Chase TravelSM, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases
- Earn up to $50 in statement credits each account anniversary year for hotel stays through Chase TravelSM
- 10% anniversary points boost - each account anniversary you'll earn bonus points equal to 10% of your total purchases made the previous year.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Complimentary DashPass which unlocks $0 delivery fees & lower service fees for a min. of one year when you activate by 12/31/27. Plus, a $10 promo each month on non-restaurant orders.
- Member FDIC
Balance transfer fee
Either $5 or 5% of the amount of each transfer, whichever is greater
The $95-annual-fee Wells Fargo Autograph Journey℠ Card features a welcome bonus with the same $4,000 spending requirement in the first three months. However, you'll only earn 60,000 bonus points after meeting the spending requirement. Wells Fargo's travel partner program also has far fewer transfer options. This makes the Capital One Venture a better option for most people, unless you can't get approved or want to take advantage of the Autograph Journey's lucrative bonus spending categories.
The Wells Fargo Autograph Journey℠ Card offers generous rewards on travel and dining purchases, along with flexible redemption options, all for a modest annual fee.
- Excellent rewards rate for hotel, airfare and travel
- Strong welcome bonus
- Access to all of the Wells Fargo transfer partners including Flying Blue (Air France/KLM) and Virgin Red
- Easy-to-use airline credit; Built-in cell phone protection
- Fewer transfer partners than comparable programs
- No intro APR offer
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Select Learn More to take advantage of this offer and learn more about product features, terms and conditions.
- Earn 60,000 bonus points when you spend $4,000 in purchases in the first 3 months – that's $600 toward your next trip.
- Earn unlimited 5X points with hotels, 4X points with airlines, 3X points on other travel and restaurants, and 1X points on other purchases.
- $95 annual fee.
- Book your travel with the Autograph Journey Card and enjoy Travel Accident Insurance, Lost Baggage Reimbursement, Trip Cancellation and Interruption Protection and Auto Rental Collision Damage Waiver.
- Earn a $50 annual statement credit with $50 minimum airline purchase.
- Up to $1,000 of cell phone protection against damage or theft. Subject to a $25 deductible.
- Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
Balance Transfer Fee
3% intro for 120 days from account opening, then up to 5%, min: $5
Foreign transaction fee
None
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For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
