The Capital One Venture rewards credit card is an extremely popular travel rewards card that offers an excellent return on everyday spending, as well as some great perks. The card has a newly improved welcome bonus.
I wanted to take a closer look at the card. How does the Capital One Venture X rewards credit card stack up? Let's take a look.
There is a big welcome bonus for new members of the Capital One Venture Rewards Credit Card, as well as a phenomenal rewards structure, access to Capital One Lounges, and much more. Let's take a closer look at how this works.
You can earn 75,000 Venture miles with the Capital One Venture Card if you spend $4,000 in the first three months. This is an exceptional bonus because it was recently increased by 50%. Capital One miles are worth 1.7 cents each, so to me that bonus is worth $1,275.
Capital One doesn't have a lot of restrictions on being approved for credit cards. If you have had a Capital One card in the past, you are not eligible for the Venture Card. If you have any other Capital One credit card, including the Capital One Venture X rewards credit card, you are eligible.
The Capital One Venture Card has an annual fee. There is no cost to add authorized users to the card. The card's excellent perks and rewards structure make it a good choice for an annual fee.
The Capital One Venture Card has 2x Venture miles. This is an industry-leading return on everyday spending based on my valuation of Capital One miles.
This card is one of the most rewarding cards for everyday spending because of its simple rewards structure. The card has no foreign transaction fees and is not a better card for non-bonused purchases abroad. I will talk more about how Capital One Venture miles can be redeemed.
The Capital One Venture Card offers 2x miles on all purchases, but there are a few bonus categories as well.
Capital One has opened an airport lounge called the Capital One Lounge DFW, which is expected to open at IAD in 2022. The Capital One Lounge is a great place to go if you have the Venture Card.
Every four years, theVenture Card gives a Global Entry or TSA PreCheck credit. If you charge the membership fee to your Capital One Venture Card, it will be reimbursed. If you charge the fee to your eligible card, it doesn't matter who pays it.
The Venture Card can be used to pay for a rental car. Within the United States and internationally, the coverage is secondary. Only rentals of up to 15 days within your country of residence and up to 31 days outside your country of residence are eligible. You should check the full cardmember agreement for details.
Purchase security and extended protection are included with the Venture Card, as well as travel and emergency assistance services. You should consult the cardmember agreement for full details.
How can the Capital One Venture rewards credit card be used? There are two ways to redeem Venture miles.
One way to redeem Venture miles is by paying the cost of a travel purchase at the rate of one cent per mile. Since the card offers unlimited 2x Venture miles, you're earning two cents per dollar spent for travel.
The Purchase Eraser feature is the best way to redeem Venture miles for travel purchases. You can make an eligible travel purchase using your card, and then you can use your Venture miles to pay for the purchase within 90 days. Within two to three days, your credit will be applied.
Purchases made from airlines, hotels, rail lines, car rental agencies, limousine services, bus lines, cruise lines, taxi cabs and travel agents are eligible for use of your Venture miles.
It's nice to be able to make your travel purchase however you please, and have the purchase reimbursed after the fact. You can pay for your purchase with Capital One miles.
Transfer Capital One Venture miles to airline miles and hotel points is my preferred way to redeem points. Capital One has 18 airline and hotel partners.
Capital One miles transfer to all of these partners at a 2:1 ratio, with the exception of Accor Live Limitless. Capital One sometimes offers transfer bonuses, which can give you more value for your Venture miles.
If you're looking to fly international first or business class, you'll find this to be most valuable since those flights are likely to be priced most reasonably with airline miles.
How can you decide if the Capital One Venture Card is right for you? The Capital One Venture is an excellent option if you want to earn airline miles and spend a lot in non-bonused categories. You can earn the equivalent of 2x airline miles on everyday spending with a credit card.
Let's look at some of the other things to consider if you're thinking of picking up the Venture Card.
I think the no annual fee Citi Double Cash Card is a great option if you are after a simple card. The card can be used to redeem points for cash back or to transfer points to other cards. The card could earn 2% cash back or 2x airline miles after a purchase.
If you are looking for a card that earns travel rewards, there are other options that are worth considering.
The Venture Card has three versions. The Capital One VentureOne rewards credit card has no annual fee. What is the difference between Venture and Venture One?
The Venture has a better welcome bonus and better return on spending than the VentureOne. If the Venture isn't working for you, you can always switch to the VentureOne.
See this post for a more in-depth comparison of the two cards.
How does the Capital One Venture X Card compare to the Capital One Venture Card? The card has an annual fee of $395 but it also has several great perks. The Venture X offers a lot of things.
The value of this card is incredible, so applying for it is a no-brainer. It makes sense to pick this up over the Venture Card.
The Capital One Venture Card is an excellent travel rewards card. This card will give you the equivalent of up to two cents for travel or up to two airline miles for every dollar spent. 75K miles is the improved welcome bonus on the card.
The Capital One Venture Card is a great option if you want a rewards card that offers a consistent and industry-leading return for all purchases and a lot of flexibility. Two airline miles per dollar spent is unbeatable.
The Capital One Venture X Card is an even better option, as it offers incredible perks that should more than justify the annual fee for most.
If you spend a lot in specific categories, like dining or travel, then Chase or Citi might be a good option.
Follow this link to learn more about the Venture Card.
All Rights Reserved © 2024
